I became the richest man in the world after losing my life in a vegetative state.
Chapter 174: Jardine Land, the No. 1 Ocean House in Xiangjiang!
When the Chinese and British capital in Xiangjiang thought that Yang Ming was satisfied and wanted to digest Wharf and Hutchison Whampoa, Yang Ming never stopped.
No one except Melis knew about this.
Yang Ming's real target has been placed on Jardine Land, the largest foreign bank in Hong Kong.
Jardine Matheson.
The largest foreign bank in Hong Kong.
In addition to the Wharf Group, which was swallowed up by the Empire Group, the most important subsidiary is Xiangjiang Land and Investment, which is known as the crown jewel of Hong Kong and the largest real estate company in Hong Kong.
In 1972, Heung Kong Land launched the famous "cattle purchase war" and finally succeeded in taking over the dairy company.
The milk company was first built with British capital in Hong Kong to raise dairy cows and squeeze fresh milk for sale.
This wouldn't fetch much in Xiangjiang.
However, in the early days, the Dairy Milk Company surrounded a large amount of land in Pok Fu Lam and Causeway Bay.
Those lands were originally used for cattle ranching.
In the past, these lands were worthless.
Over the years, land in Pok Fu Lam and Causeway Bay has become increasingly valuable.
For example, the Lee Family had enclosed a lot of land in the Causeway Bay area in their early years, so much so that they were called the King of Causeway Bay by the citizens of Xiangjiang.
In fact, the dairy company also owns a lot of land in the Causeway Bay area.
After the Milk Company was swallowed up by Heung Kong Land, the Milk Company, like Wharf, became a subsidiary of Heung Kong Land.
In other words, Xiangjiang Land can be hailed as the crown jewel of Xiangjiang and the largest real estate company in Xiangjiang. It owns a lot of reserved land and newly built properties in Xiangjiang.
In addition to Xiangjiang Land, there are also hundreds of companies under Jardine.
And there are buildings, Kinmen buildings.
Shipping, Xiangjiang Air Cargo Terminal, Yizhong Airport Services, Xiangjiang Container Terminal.
Retail, Wellcome Supermarket, 7-11, Pizza Hut, Maxim's Restaurant Group.
investment bank.
Hotel, Mandarin Oriental.
Insurance.
. . .
Wait, the total number of employees exceeds 100,000.
In addition to Xiangjiang, Jardine Matheson also has other investments in Southeast Asia, Europe and the United States.
The industrial chain of Yihe is very large and extensive.
but.
before this.
Jardine Taipan, the largest shareholder of Jardine, the Josek family.
In the early days, the Josek family only owned 5% of Jardine Matheson's shares and controlled Xiangjiang Land through Jardine Matheson's 10% stake in Land.
In addition, like Wharf and Jardine Land, they only have 10%.
It is precisely because of that that the shares in Wharf were too few, which attracted the attention of Li Jiacheng and others.
In 1975, Henry Josek finally failed in the internal struggle with Niu Bijian in the board of directors. As the managing director of Jardine Matheson Land, Niu Bijian succeeded Henry Josek's position as Taipan.
The Yosek family never gave up.
Until 1983, during the struggle between Jardine's internal shareholders and management, including Jardine Taipan Niu Bijian, the general manager of Jardine Land, Bao Fuda, had no choice but to resign. The Josek family, which had lost Taipan for years, returned to Jardine Land again. center of power.
Henry Joseph recommended his younger brother Simon Joseph to replace Niubijian.
before this.
Niu Bijian made great contributions to retaining Jardine Land.
Historically, in the 1980s, after established British companies such as Qingzhou Yingni, Hutchison Whampoa, and Wharf were successively swallowed up by Chinese-funded consortiums, the myth of the invincibility of British-funded consortiums has been completely shattered.
After growing stronger and swallowing up the acquired foreign banks, the Chinese tycoons began to look at the next target.
A Land Company owned by Jardine Matheson.
Land is a huge temptation for Chinese real estate developers.
It has a large portfolio of high-end commercial buildings in a prime location in the Central Banking District, the economic heart of Hong Kong.
It is known as the "Crown Pearl" of Xiangjiang Real Estate.
Only by controlling Land can we truly be called the "King of Kings" in the real estate industry in Xiangjiang.
At that time, various rumors circulated in the market. Some said that Li Jiacheng was secretly acquiring Land shares, and there were also rumors that Li Jiacheng and Bao Yugang were jointly challenging Land.
There are even rumors that Chinese capital will team up to take over Jardine Matheson, and then use Jardine Matheson to control Land.
This situation made the Yosek family of Yihe and even Niubijian, the chief executive of Yihe, nervous.
At this time, the Josek family only held 10% of Jardine Matheson's shares, and Jardine Matheson and Jardine Securities only held about 20% of Land's shares.
In other words, the largest shareholder of Jardine Matheson Land uses Xiao Bo Da to control Jardine Matheson Land.
It is precisely because of this situation that not only the Yosek family is afraid, but Niu Bijian is also afraid.
Jardine Matheson increased its shareholding in Land by injecting assets.
Jardine Matheson injected real estate, listed company stocks and other assets into Land, raising its shareholding ratio to 27.8%.
Secondly, Jardine Matheson purchased Land shares through high-priced holdings in the secondary market, raising its shareholding ratio to 40%.
During the same period, Land also bought Jardine shares in the secondary market, holding a total of 40% of Jardine shares.
By 1980, Jardine Matheson and Land formed a "40%-40%" cross-shareholding structure.
Niu Bijian used this method to protect Jardine Land from being coveted by Chinese capital.
However, with the real estate collapse of Xiangjiang Real Estate in 1983 due to the issue, Yizhi Mutual Control became a liability for Yizhi.
1984年1月置地以每股12.3港元配售7200万股怡和股票,套现8.6亿港元,使置地持有怡和股权从42.6%减至25.3%。
At the same time, Jardine Matheson also reduced its shareholding in Land from 30% to 25%.
In March 1986, Jardine Securities purchased 3% of Jardine shares from Land, further reducing Land's stake in Jardine to 12.5%.
Historically, except for the Joseph family and Niubijian, they have saved Jardine Land through this method.
There is another foreign trade company, Taikoo Foreign Trade Co., Ltd.
Around that time, through cross-holdings or buying more shares, the Swire family controlled more shares to keep Swire & Co.
now.
These are what happened to Jardine Land in history.
It's now 1978.
Yang Ming had just swallowed up Wharf and Hutchison Whampoa in the ninth month.
Niu Bijian of Jardine Land has been shocked by Yang Ming's successive acquisitions, but it is not as bad as in history.
In addition, Niu Bijian didn't know how much liquidity Yang Ming had.
In the view of Niu Bijian and other British investors, Yang Ming paid a high price for acquiring Wharf, Hutchison Whampoa, and even becoming a shareholder in Huifeng Bank, and he must have no liquidity to acquire other companies.
It was precisely because of that that Yang Ming knew that the longer the time went by, the more the Yosek family and Niu Bijian would react.
At the right time, he will swallow up the largest foreign bank in Hong Kong.
Jardine Matheson, Xiangjiang Land.
That is Jardine Land.
Except for Mai Lisi who knew about Yang Ming's shocking plan, Ma Shimin, Wei Li, and even Kayla, Tang Shilian, Lin Xiuzhi and others did not know.
This was the first time they heard about Yang Ming's plan to swallow up Jardine Land.
"Boss, are we now strong enough to swallow up Jardine Land?" Wei Li asked in disbelief.
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