Reborn Xiangjiang as a Tycoon

Chapter 272 Cheng Yaojin shows up halfway

at the same time.

When a team from Hutchison Whampoa contacted Jardine Matheson and wanted to acquire the Golden Gate Tower, Hutchison Whampoa also sent a team to contact Wheelock and wanted to acquire the Commonwealth Building, International Building and Ocean Center owned by Wheelock.

Hutchison Whampoa has not thought about acquiring all three properties, mainly because it believes that Wheelock will not agree to them all. The reason why all three properties are targets is because it is just in case, and it is easier to bargain this way.

Wheelock was founded by British Jew George Madden, but in 1971 Wheelock acquired the Federal Real Estate Company owned by Chinese businessman Zhang Yuliang through the issuance of new shares, which allowed Wheelock to own the International Building and the Federal Building in Central.

High-end commercial building.

However, the consequence of this was that the Madden family's shareholding was diluted, and Zhang Yuliang became Wheelock's major shareholder. However, Zhang Yuliang's shareholding ratio was only about 30%, only a little more than the Madden family.

, has not reached the point of absolute control, so the chairman of Wheelock is still John Madden of the Madden family.

However, a person who holds a larger shareholding ratio is not the company's controller, and the company controller's shares are not the highest. Of course, Zhang Yuliang cannot willingly let the Madden family control Wheelock, so he has been fighting openly and secretly with John Madden.

The two sides look very different.

However, Wheelock was founded by the Madden family, and most of the directors were British-owned, so they naturally sided with the Madden family. Therefore, Zhang Yuliang has never been able to defeat John Madden, and Wheelock has always had control.

In the hands of Ma Chang family.

Hutchison Whampoa wants to acquire three properties from Wheelock, and the actual value of these three properties is more than HK$1 billion. For such a huge transaction, Wheelock naturally convenes a board of directors and senior management meeting as soon as possible.

However, before that, John Madden, chairman of Wheelock, did one thing first, which was to cancel negotiations with another team.

It turned out that before Hutchison Whampoa contacted Wheelock, someone had already contacted Wheelock and wanted to acquire Wheelock's Commonwealth Building and International Building.

Although there is less Ocean Center property than Hutchison Whampoa, the value of these two buildings is also over HK$500 million. Negotiations cannot be made in two or three days and are always under negotiation.

Now that there is an additional buyer for the acquisition, Hutchison Whampoa, Wheelock will of course have to stop negotiating with the other party. Regardless of whether the property is sold or not, and how it is sold, if there is competition, the selling price will definitely be higher.

There is no doubt about this.

Cangjiang Industrial.

"Mr. Li, something went wrong in the negotiations with Wheelock. Wheelock has unilaterally suspended the negotiations."

Mai Liyin returned to the company to report to Li Jiacheng.

"What happened? Didn't we have a good discussion before?"

After hearing this, Li Jiacheng couldn't help but frown slightly. The deal that had been negotiated well had great hope of success, but Wheelock suddenly stopped the negotiations, which made people worried.

"I've asked about it."

Of course, Merlin, who was in charge of the negotiations, came back to report after finding out the reason. He said: "According to what the other party said, it was Hutchison Whampoa who suddenly proposed to Wheelock to acquire three properties: the Federal Building, the International Building and the Ocean Center. Although this

The matter has not been confirmed, but it is not a trivial matter and it is easy to confirm, so it is unlikely that the other party deliberately lied."

"Hutchison Whampoa actually intervened? Could it be that Lin Baicheng is up to something again?!"

Li Jiacheng frowned and snorted coldly. Ever since he had a grudge with Lin Baicheng last year and Lin Baicheng took over Hutchison Whampoa, Hutchison Whampoa has targeted Cangjiang Industrial in the real estate industry, regardless of the fact that he is also a shareholder. Although because of Cangjiang Industrial

Since it owns a large amount of land, it is not afraid of Hutchison Whampoa's targeting, but it has caused some trouble for Cangjiang Industrial.

Li Jiacheng really wanted to kick Lin Baicheng out of Cangjiang Industrial, but the problem was that Lin Baicheng only held 5% of the shares of Cangjiang Industrial. He could not do anything because of such a small share, and other shareholders would not agree with him. Therefore.

, he could only watch helplessly as Lin Baicheng took the shares of Cangjiang Industrial, but let Hutchison Whampoa target Cangjiang Industrial, which made him extremely unhappy.

Of course, Li Jiacheng is not the kind of person who is afraid of trouble. When he shorted Hutchison Whampoa, he was tit for tat. He wanted to kill Hutchison Whampoa, but he didn't expect that the matter was not done. Instead, Lin Baicheng and Hutchison Whampoa made a lot of money. Fortunately,

He himself has nothing to lose.

The result of shorting Hutchison Whampoa was that Hutchison Whampoa's market value rose sharply, reaching about 10 billion Hong Kong dollars. At that time, Li Jiacheng's energy could no longer target Hutchison Whampoa, so he gave up on that idea.

A while ago, Li Jiacheng received the support of HSBC Shenzhou. At that time, he also had the idea of ​​using HSBC's power to target Lin Baicheng, but finally thought about it and gave it up. After all, even if HSBC targets Hutchison Whampoa, it cannot cause Hutchison Whampoa to be hit hard all at once.

It's just causing more trouble, not to mention whether HSBC will help him is another matter.

Therefore, Li Jiacheng decided to develop and make himself stronger.

Li Jiacheng has always been optimistic about the real estate industry in Xiangjiang. After receiving support from HSBC, while expanding the scale of land development of Cangjiang Industrial, he decided to acquire properties and resell them to make a fortune.

After much selection, Li Jiacheng selected Wheelock's Federal Building and International Building, and formed a team to negotiate with Wheelock. Seeing that the negotiations were about to make progress, Hutchison Whampoa suddenly intervened, which made Li Jiacheng not.

It is suspected that Lin Baicheng deliberately targeted him after learning about this.

Merlin nodded: "It's possible that this is not the first time Hutchison Whampoa has targeted the company."

Li Jiacheng asked: "Do you have any suggestions?"

Merlein thought for a while and said: "I think it is very important for us to first find out whether Hutchison Whampoa really wants to acquire the Federal Building and the International Building, or whether it just wants to raise the price to increase our acquisition cost.

"

"Leave the inquiry to me."

Li Jiacheng decided to ask Shen Zhou from HSBC to inquire about this matter. HSBC was the major shareholder and director of Hutchison Whampoa, so he would definitely know about such a large transaction.

"You remember to pay attention to the negotiations between Hutchison Whampoa and Wheelock. I want to know the specific details of the negotiations between the two companies."

Mai Liyin nodded and responded: "Don't worry, Mr. Li, if there is any situation, I will report it as soon as possible."

"Well, you go out and do your work first."

After Mai Liyin left the office, Li Jiacheng was also preparing to leave. He planned to go to HSBC in person to inquire about this matter from Shen Zhou.

This time, no matter what Hutchison Whampoa's purpose is, Li Jiacheng is prepared to do something to fight back. Otherwise, he will be constantly targeted without effective counterattack, and he will only be looked down upon and be targeted more unscrupulously.

(End of chapter)