"After the two accidents, Jardine Aviation Services' stock plummeted. I was secretly accumulating shares and then driving the stock price up!"
"I've already given instructions before the stock market opened today: wait for the people from Taishan Securities to prepare the share certificates and send them over. Today, I'm going to take away the decision-making power of both of your companies at the same time!"
Old John slapped the water glass in front of him away and shouted, "Even if I hold onto the company shares until I die, I will never give them to you!"
"Go ahead and hold on to your shares if you dare, and see if I can drag you down!" Xiao Shan said with a smile.
He has now gained control of Hong Kong Airport ground handling, Jardine Aviation Services, and Jardine Cargo Terminals. Even if he cannot force a takeover offer, he still has absolute decision-making power over the company.
What are these three companies up to?
Of course, it was used to undermine the interests of superiors and harm Cathay Pacific, a subsidiary of Swire Group.
While harming others, these three companies themselves are also not doing well.
Cathay Pacific's dominance stems from its monopoly on Hong Kong's aviation industry.
The three companies that serve Cathay Pacific are essentially making things difficult for themselves by causing Cathay Pacific distress.
Xiaoshan is willing to risk mutual destruction to force Swire Group to relinquish Cathay Pacific.
Regardless of how much the three companies lose, Xiaoshan will bear 51% of the loss, while the remaining 49% will be borne by the other shareholders.
Xiao Shan can afford it, but it's unclear whether the Keswick family dares to spend money to support Xiao Shan's plans.
Chapter 708, Xiao Shan, the Infuriating Man! (Please Subscribe!)
Upon hearing Xiao Shan's words, Old John trembled with anger, his hatred for Xiao Shan almost solidifying.
Meanwhile, the shipping magnate was somewhat speechless; who was really the main character today?
Shouldn't today's topic be Wharf Holdings' acquisition of Wharf Holdings?
Looking at the trembling old John, Xiao Shan said calmly to the lawyer behind him, "If there was no verbal abuse, and it was simply a business failure that caused the other party to die of anger, do I need to bear legal responsibility?"
"No need! Only when words and actions are insulting can it be a criminal offense, and such cases are difficult to define, usually dragging on to litigation and ending inconclusively."
Having received a definite answer from the lawyer behind him, Xiao Shan nodded in satisfaction and kindly reminded him, "Should we carry you away for medical treatment first? The Baptist Hospital has a nice environment and excellent medical care. Private hospitals probably don't accept medical insurance. At worst, you can stay there, and I'll pay for your hospitalization."
Old John's son could no longer hold back. He pointed at Xiao Shan and roared, "Xiao Shan! If anything happens to my father, I'll make you pay with your blood!"
"If you've got the guts, come find me. I'll be waiting for you!" Xiao Shan said nonchalantly.
In Xiao Shan's view, apart from old John, the other members of the Keswick family were all worthless and easily defeated.
At this moment, another person in charge of Jardine Matheson, Niu Taiban, said in a deep voice: "Mr. Xiao, no matter what, you are still a junior. Given Mr. Keswick's many contributions to Hong Kong, you should have at least some respect for him."
“Respect?” Xiao Shan sneered. “When this guy was exchanging shares with me, he pretended not to understand Chinese from beginning to end, disdained to speak to me in Chinese, and even had to find a butler to help translate.”
"Do you know that this old guy used to be the head of an Eastern intelligence agency, specifically responsible for liaison with China? He could even use Northeastern dialect to demand payment for arms from the Young Marshal. Did he ever respect me?"
If Old John couldn't speak Chinese, that would be one thing, but he could speak it yet refused to, and even pretended not to understand. What is that if not an insult?
At this moment, Niu Daban also shut his mouth.
In any case, Xiaoshan's attack on Jardine Matheson was not without reason.
No matter what, Mount Tai is a prestigious brand in Hong Kong. How can we possibly smile when we are treated with such contempt?
The Keswick family certainly did not show due respect to an opponent of similar size.
Of course, Xiao Shan never respected the Keswick family either.
We're evenly matched, each to one side!
In the end, it was Old John's son who helped his father away; his frail body really couldn't withstand any more stimulation.
The shipping magnate, no longer wanting to provoke the Keswick family, directly presented share certificates and announced: "Worldwide Shipping holds 49.1% of Wharf Holdings' shares. I will now serve as Chairman of the Wharf Holdings Group, Wu Yizheng will serve as Group Treasurer and Group Director, and Xu Guangfan will serve as..."
Seizing power meant a major reshuffle, taking control of all the power departments in Wharf Holdings. With the talent pool of Global Shipping, controlling Wharf Holdings was a piece of cake.
Although Worldwide Shipping has not achieved absolute control of 50.1%, the 1% represented by Xiaoshan is still sitting on the sidelines, which means that they will definitely support Bao, the shipping magnate, in controlling the discourse power of Wharf Holdings. It is just a formality now.
Even with only a 1% stake, the shipping magnate was unwilling to make any more acquisitions on the stock market; the cost of this battle had already become unbearable for him.
While waiting for the personnel arrangements made by the shipping magnate, and as both sides were handling the handover, Old John's son returned: "Mr. Bao! Do you want to acquire Kowloon Wharf in its entirety and complete its delisting and privatization?"
In an instant, everyone's attention was focused on Old John's son.
Wharf Holdings is a listed conglomerate, and only those holding more than 50.1% of the shares have the power to make decisions.
However, if a company wants to delist and privatize, it must hold more than two-thirds of the shares in order to complete the delisting and privatization process.
Although the shipping magnate already controls 49.1% of Wharf Holdings, Jardine Matheson also owns 43.5%.
Worldwide Shipping has only gained decision-making power; it cannot completely take over Wharf Holdings.
To fully acquire Wharf Holdings, one must obtain the shares held by Jardine Matheson.
“I will not betray my friends!” the shipping magnate replied resolutely.
Even a fool would know that John's son would use Jardine Matheson's air cargo terminal as leverage to prevent Taishan from acquiring a controlling stake.
In this way, Xiao Shan cleared his name of betraying Chinese capital, while Bao Yunwang was the one who bore the infamy.
Don't say that Bao Chuanwang didn't mean to offend Xiaoshan. If he really betrayed his friends for profit, how could he lead such a large Ningbo gang?
Moreover, this is a time for recuperation and recovery, and the shipping magnate does not have enough funds to complete the delisting and privatization.
"Don't you want to hear the price I'm offering, Mr. Bao?" Old John's son spoke up again. "HK$30 per share, to help Worldwide Shipping complete its delisting and privatization, but only if Wharf Holdings sells its shares in Jardine Air Cargo Terminals to Jardine Pacific!"
Upon hearing this, even Niu Daban's expression changed.
Just yesterday, Jardine Matheson acquired the shares at HK$100 per share, but in just one day the price was halved. Jardine Matheson has lost so much money that it's practically unrecognizable to its own parents.
However, the price is indeed fair.
The two sides are simply vying for control of Wharf Holdings, which is why the share price has been driven up. Wharf Holdings' normal share price is only around HK$50.
Global Shipping's ability to fully delist and privatize Wharf Holdings would save both parties from infighting and would be beneficial to both.
For Jardine Matheson, even if he retained his shares in Wharf Holdings, it would serve no purpose other than to annoy the shipping magnate, and he would eventually be slowly ruined by him.
By exiting early and investing the funds in more promising areas, Bao Yung-wang could retain a complete Kowloon Wharf.
"I think it's a good idea!" Under everyone's watchful eyes, Xiao Shan nodded in agreement.
Old John's son did this not only to vent his anger, but also to preserve his strength to the greatest extent possible.
The completion of Wharf Holdings' delisting and privatization by Worldwide Shipping is beneficial to both parties.
If the development of global shipping is hindered due to its own reasons, Xiaoshan will likely owe a huge debt of gratitude!
Xiao Shan wasn't afraid of receiving a favor, but rather he didn't want the Keswick family to have an easy time.
Hearing Xiao Shan's words, everyone present was even more bewildered.
Is Xiao Shan really so selfless in helping the shipping magnate?
At this point, it was Old John's son who found himself in a difficult position.
If you've already said it, wouldn't it be a slap in your own face to go back on your word now?
But what is Xiaoshan's purpose in doing this?
Bao, the shipping magnate, saw no resentment in Xiao Shan's eyes, and then turned to ask, "Mr. Keswick, what do you say?"
Chapter 709, Taking a Bite from the US! (Please Subscribe!)
Before Old John's son could answer, Xiao Shan said with a smile, "Mr. Keswick, I advise you to sell it!"
"Having just gone through the battle of Wharf Holdings, I'm certain that Jardine Matheson is currently short of cash flow. Aren't you afraid I'll try to sabotage your subsidiaries as you walk out of this door today?"
Although Jardine Matheson did not end up like Hutchison Whampoa, it still accumulated heavy debts after more than a decade of expansion.
However, their cash flow was indeed insufficient; otherwise, they wouldn't have sold properties to win this business battle.
Now is the time when we are at our weakest. If Taishan launches a major attack at this time, Yihe will likely suffer a significant blow.
Jardine Matheson alone possesses core assets such as Jardine Pacific, Jardine Machinery, Jardine Motors, and Hongkong Land Group. With such a long battle line, it would be incredibly easy for Taishan to launch an attack.
Niu Daban was clearly not intimidated by Xiao Shan and calmly analyzed, "You don't have any cash on you."
They have witnessed the rapid expansion of Mount Tai over the past year.
Even if all four major foreign trading companies of that era were combined, they couldn't have expanded as fast as Taishan Group has today.
Niu Daban guarantees that Taishan's cash will never exceed 500 million!
To think that such a small amount of money could shake Jardine Matheson is nothing short of a pipe dream.
Hearing what Niu Daban said, Xiao Shan smiled and said, "So you want to give it a try?"
Seeing Xiao Shan's fearless demeanor, Niu Daban couldn't help but frown.
Xiaoshan's actions seem to be a sincere attempt to get them to take back the Jardine Air Cargo Terminal.
However, all of this guy's actions revolve around the aviation sector, so there's no reason for him to give up his dominance over Jardine Air Cargo Terminals.
Is this a case of feigning indifference to lure the prey into a trap?
Or do you have other plans?
Regardless, Jardine Matheson needs a certain amount of cash flow to sustain itself, and even if it might fall into Xiaoshan's trap, it's still better than having the company taken away.
“Very well, as you wish!” Old John’s son asked the shipping magnate, “Xiao Shan has already agreed to transfer the Jardine Air Cargo Terminal to Jardine Pacific, so what is your opinion, Mr. Bao?”
Instead of answering immediately, Bao Chuanwang looked at Xiao Shan and asked for his opinion.
To everyone's surprise, Xiao Shan nodded at him and then smiled at Old John's son, saying, "Taking back Jardine Air Cargo Terminal is no problem, but you promised to liquidate the remaining Kowloon Wharf shares and allow Worldwide Shipping to complete its delisting and privatization."
“Yes!” Old John’s son still refused to back down.
Xiao Shan nodded and said, "Alright, let's proceed with the transaction!"
Everyone was puzzled by Xiaoshan's actions. Taishan was clearly the biggest beneficiary of this battle between Wharf Holdings and Taishan, which had the opportunity to take over three companies in the aviation sector in one fell swoop.
At the last minute, a decision by John's son led him to resolutely give up, thus enabling the shipping magnate to acquire the entire Kowloon Wharf.
Are there really people in Xiaoshan who are so selfless?
Of course not!
Therefore, until the mystery is solved, no one can know what Xiao Shan's true intentions are.
A knock sounded on the conference room door, and a lawyer from Taishan Law Firm entered with share certificates, saying, "Mr. Xiao! Jardine Aviation Services has completed its controlling stake acquisition."
Xiao Shan tossed the share certificate onto the table and looked directly at Niu Daban, saying, "Then let's do all three things at once!"
Even though the Jardine Matheson Group belongs to the Keswick family, with the patriarch John absent, the real power is in the hands of Niu Daban, so Xiao Shan has no need to negotiate with John's son.
Putting aside personal feelings and nationalistic stances, Xiaoshan still highly appreciates the abilities of this Jardine Matheson taipan.
It was this Jardine Matheson taipan who, after taking control of the Jardine Matheson Group, contacted the other three major trading companies to cross-shareholdings, making the four major trading companies unbreakable throughout the 60s and 70s, and oppressing Hong Kong's Chinese-owned financial groups for as long as thirty years.
With the presence of lawyers from all three parties, Global Group acquired Wharf Holdings shares held by Taishan Securities for HK$100 per share.
Furthermore, it acquired Wharf Holdings' shares from Jardine Matheson's Hongkong Land Group at a price of HK$30 per share.
This price made Old John's son's heart bleed!
Thus, after 93 years of turmoil, Wharf Holdings truly changed hands. Jardine Matheson not only failed to regain control of the company, but also suffered a severe blow.
As agreed, the shipping magnate transferred his shares in Jardine Air Cargo Terminals to Jardine Pacific.
After the handover of services at Jardine Matheson Aviation was completed, Xiao Shan took out a business card and handed it to Boss Niu, saying, "Mr. Niu is very capable. I hope we can become friends!"
……
When the Keswick family presented evidence of Taishan's transaction with Jardine Matheson involving Wharf Holdings shares, almost all the Chinese in Hong Kong condemned Taishan, accusing him of betraying the interests of fellow Chinese-owned conglomerates and currying favor with British capital, calling him a complete traitor and a villain.
When Taishan made a deal with Universal Shipping, helping the shipping magnate acquire Kowloon Wharf and forcefully taking two pieces of meat from Jardine Matheson, although the Chinese in Hong Kong cheered and applauded, not a single person apologized to Xiaoshan in person.
Those who publicly hurled insults and those who stormed into Taishan's companies all owe Xiaoshan an apology.
Xiao Shan was too lazy to bother with these people and these things. Buddha doesn't hold grudges; Buddha only keeps a little record.
The public, misled by rumors, is merely following the crowd, and Xiaoshan has no ability to fight against the whole world.
But Xiao Shan had no reason to let those influential figures off easily.
It's not just about venting my anger, but also about preventing others from making the same mistake in the future.
Let others understand that how Taishan acts is none of their business, he doesn't need to explain to any of them, and he doesn't need them to judge right or wrong.
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