The rise of Hong Kong's wealthy families

Chapter 237 Small Company Acquisition Case

late December

The British Cable and Telegraph Office contacted Jardine Matheson Company to discuss the sale of 35% of the shares of the Hong Kong Telephone Company.

This kind of acquisition takes a relatively long time, and there are many details to discuss.

According to the original history, Dadong Cable and Telegraph Bureau acquired 35% of the shares of Heung Kong Telephone Company in 1983. After 1984, it launched a comprehensive acquisition of Heung Kong Telephone Company and controlled 79.5% of the shares of Heung Kong Telephone Company, which meant that Dadong Cable and Telegraph Bureau had a monopoly. Xiangjiang's telecommunications business, its subsidiary Xiangjiang Dadong Telegraph Bureau mainly operates international calls, and Xiangjiang Telephone Company operates local calls.

Xiangjiang Taitung Cable and Telegraph Bureau was listed in Hong Kong in 1986. In 1987, the two companies merged to form Xiangjiang Telecommunications Co., Ltd. In the 1990s, Xiangjiang Telecommunications Co., Ltd. became the second largest consortium after HSBC, with a market value of more than HK$170 billion.

He Jiahao knew that Xiangjiang Telephone Company was a promising enterprise. Unfortunately, this involved the acquisition of Land Company. If He Jiahao competed with Taitung Cable and Telegraph Bureau, the cheaper one would only be Jardine Matheson Company.

The sale price of 2.4 billion can alleviate the difficulties of Jardine Matheson Company, and it will not have much impact on the overall situation, so He Jiahao watched all this with cold eyes.

On this day, He Jiahao encountered a rare traffic jam on his way to work.

Long Jun, who was sitting in the passenger seat, turned back to He Jiahao and said, "Boss, there was an accident up front. The police are handling the matter up front. It may take some time to restore smooth traffic."

At this time, the front was blocked and the back was blocked. He Jiahao could only sit in the car and wait helplessly.

Suddenly, a bodyguard ran to Long Jun's car window, waited for Long Jun to roll down the window, and whispered a few words in Long Jun's ear.

"What's going on?" He Jiahao looked up from the newspaper and asked Long Jun.

"Boss, it wasn't a traffic accident, but someone jumped off the building, it seems because he owed a large loan to the bank." Long Jun reported that in fact, his colleagues described the tragic situation, but he did not repeat it to the boss, fearing that the boss would not be able to adapt.

He Jiahao frowned. There have been more and more incidents of people jumping off buildings recently. Although they are all caused by their careless investment or excessive greed, they have caused many family tragedies, especially for family members. Moreover, Xiangjiang's laws follow the principle of "Father's debt must be repaid by son." ', People who jump off buildings are just escaping from reality and are irresponsible to their families.

Returning to the Huamei Center Building, He Jiahao immediately summoned all the senior executives and asked them to check whether any of their employees were speculators. If so, the company could advance 3-9 months' salary to help the employees tide over the difficulties. There are special benefits Can be treated specially.

He doesn't want a murder case to occur in the company, which would be of no benefit to either party.

So, he notified all the companies under his control of the decision, showing his boss's wishes.

On this day, news came from the insiders at Jardine Matheson that the board meeting held by Simon Keswick was dominated by Newbigian. In the end, Newbigian narrowly defeated Simon by a slim margin and temporarily escaped the danger of being dismissed.

He Jiahao knew that Simon Keswick could fail countless times, but Nubigian could not lose once, so Simon Keswick would make a comeback, and Nubigian's pressure would become greater each time.

If he narrowly wins this time, Simon Keswick's chances of winning next time will be very high. There seems to be no suspense about Nubigian being removed from the board of directors of Jardine Matheson Company.

"Nubician, you have to work hard, I'm optimistic about you." He Jiahao smiled slyly. The longer the power seizure incident at Jardine He Company drags on, the greater the impact will be on Jardine He Company, and the more beneficial it will be to He Jiahao.

Power is like poison. Newbijian knew that he was going to lose, but he continued to attack the Keswick family with a sense of luck, and was unwilling to give up his huge power in Jardine Company willingly.

At this time, the power struggle of Jardine Matheson Company had spread to the outside world, and investors had begun to have doubts about the stocks of the Jardine Matheson Group, fearing that it would affect the operating conditions of Jardine Matheson Company.

Luo Qiqi moved very quickly. She had already discussed the debt issue of the acquisition company with banks such as Standard Chartered. However, the bank officials still felt that Luo Qiqi was not important enough. In the end, she moved out of He Jiahao, so Charles, the senior manager of Standard Chartered Bank, came to visit He Jiahao, hoping to Get a favor from He Jiahao.

"Long time no see, Mr. Charles!" He Jiahao hugged Charles.

"Long time no see, He Sheng!" Charles responded.

"Come, Mr. Charles, try the top new tea from the mainland." He Jiahao poured a cup of hot tea for Charles who was sitting down.

Charles boasted about the tea, with the intention of pleasing He Jiahao in his words.

Nowadays, the consortium established by He Jiahao ranks among the top three in Hong Kong, second only to HSBC and Jardine Matheson. It has enough qualifications for Charles to please He Jiahao.

"Does He Sheng know Haoxin Real Estate Company?" Charles asked tentatively.

He Jiahao nodded and said with a smile, "Of course I know, that is the company run by my fiancée Luo Qiqi."

Charles continued, "Miss Luo Qiqi wants to acquire Bangye Real Estate Company, but the boss of Bangye Real Estate Company has ran away. Now Standard Chartered Bank, as the largest creditor, has taken over the company. We are ready to liquidate Bangye Real Estate, but Miss Luo Qiqi wants to I took it over, but I can only use 10% of the debt to settle the bank's debt. I guess Miss Luo Qiqi may be short of money, isn't He Sheng going to help you, your fiancée?"

Charles said all that just because he wanted Luo Qiqi to help Bangye Real Estate pay off its debts.

He Jiahao smiled, pointed at the teacup, and said, "Mr. Charles, please have tea! Mr. Charles, to be honest, this is a business, not a matter of money. I don't know the situation of Bangye Real Estate, but I know that the market There are many companies similar to 'Bangye Real Estate'. If there is no profit, why would Luo Qiqi acquire Bangye Real Estate? Should the business be turned into charity?"

"Okay! I admit that what He Sheng said makes sense. Repaying only 10% of the debt is too small. Even if the bank launches a bankruptcy auction, it may not be less than 10%." Charles said awkwardly.

"Business is a voluntary relationship and pays attention to interests. If Mr. Charles thinks that the auction can reduce losses for Standard Chartered Bank, I think Mr. Charles should clearly reject my fiancée, which will also make her give up." He Jiahao said indifferently.

He Jiahao, who knows how to negotiate, also knows that it is difficult for the bank to agree to 10% of the debt. However, negotiation must involve 'bargaining'. Now that Charles does not give a clear price, but asks He Jiahao to 'counteroffer', it seems a bit cheating. people.

Charles is not a real estate developer, so it is difficult for him to accurately judge the real estate trend. His views on the real estate industry may be inferior to those of even shrewd speculators, and he does not dare to bargain without authorization.

"Miss Luo Qiqi is your fiancée, and she is also the most distinguished customer of Standard Chartered Bank. We will not turn away Miss Luo Qiqi easily, and negotiations will take time." Charles sighed and said, "He Sheng, according to 30% of the debt How about ending the bank’s debt?”

"Mr. Charles, my fiancée has been asking me to help her communicate with you, but I have not agreed. In fact, according to her plan, only 10% of the debt can be paid to make a profit."

He Jiahao pretended to be in trouble, hesitated, and said solemnly, "Let's do it this way, Mr. Charles. I'll make the decision without authorization and settle the debt with 20% of the debt. How about that?"

"He Sheng, 20% is still too low, how about 25%?"

He Jiahao still shook his head, "It's half a percent higher. I can't convince my fiancée anymore. It's better for Mr. Charles to negotiate with her slowly. I can't make the final decision on these prices."

Charles held the teacup, thought for a moment, and finally agreed to settle the debt with 20%.

With the example of Charles, it will be easier for other banks.

Bangye Real Estate Company almost fell into the pocket of Haoxin Real Estate.

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