The rise of Hong Kong's wealthy families
Chapter 255 Giving up
Jardine Company Headquarters
Simon Keswick looked at the report document and raised his eyebrows. In the past few days, they had only acquired 5.6% of Land Company's shares. They now hold 30.6% of Land Company's shares, which is less than Taihe Investment Company. It is about 11%. If this continues, Ho will succeed in acquiring Land and Jardine Matheson will lose the satellite of Land.
"What should we do? The attacks from Taihe Investment Company and Manulife Development Company are too powerful. It will take some time for the family's funds to be collected. Is God really going to give up on the Keswick family?" Ximen felt a surge of emotion from the bottom of his heart. Feeling powerless, "It's all the fault of bastards like Nubigian and Bao Fuda. Why do Land and Jardine Holdings have mutual control?"
Mutual control greatly reduces the risk of being acquired by Chinese capital, because when the market is good, if you want to acquire two companies, you must invest no less than 20 billion Hong Kong dollars, which is an astronomical figure, and you can only use cash. To describe it as terrifying.
However, Ho Ka-Hao, a time traveler, is a pervert. When the market was not good, he actually spent 13 billion Hong Kong dollars in cash to acquire two companies, which surprised everyone.
"Mr. Ximen, we have found out the amount of He Jiahao's funds in Wanguo Baotong Bank. At the beginning of the year, he exchanged all 1.3 billion US dollars into Hong Kong dollars, which is about 10.1 billion Hong Kong dollars. Now he still has about 1 billion in Wanguo Baotong Bank. The total cash in U.S. dollars is about 18 billion Hong Kong dollars." Bao Weishi's face turned pale as he spoke. 18 billion Hong Kong dollars in cash, what a terrifying figure.
"." Simon Keswick didn't say anything. He grabbed the investigation report directly, browsed it through it and slumped down on the chair. He only had one thought in his head, 'It's over.'
"Now we must keep Jardine He Company, otherwise both companies will be lost." Bao Weishi said in a heavy tone.
"Is there no other way?" Simon Keswick's eyes were a little red, like an angry lion. "No, absolutely not. The Land Company can give it to him, but the Mandarin Hotel and Dairy Milk International must be left to him. us."
Mandarin Hotel and Milk International are subsidiaries of Land Corporation and occupy a relatively high proportion of assets.
Bausch took a deep breath and said, "Mr. Ximen, it is no longer realistic to keep these two subsidiaries. If we don't make a decision, He Jiahao may eat up Jardine Matheson Company and Land Company."
"He dares? We are the Keswick family, the second largest consortium in Xiangjiang." Simon Keswick roared and struggled incompetently. He already knew that the matter was irreversible. Even with the help of HSBC, He Jiahao could not be stopped. .
Bao Weishi sighed heavily and watched Ximen sweep everything off the floor, then put his hands on the desk and took a big breath.
Bang! !
The sound of breaking objects sounded, attracting several secretaries, but Bausch waved them away from the office.
Half an hour later, Ximen finally calmed down and said to Bausch, "I'm sorry, sorry!"
Bausch didn't care about this, "Mr. Ximen, Taihe Investment Company and Manulife Development Company are still frantically absorbing stocks. The stock price of Jardine Matheson Company has increased to 20 yuan. Our funds will not last long."
Cackling! !
Before Ximen could respond, there was a knock on the office door, and a male employee opened the door and came in and reported, "Ximen Senior Manager, HSBC Bank Senior Manager Mr. Shen Bi wants to see you."
Bao Weishi looked at Ximen. Ximen knew what Bao Weishi meant and said, "Please come in, Mr. Shen Bi."
Five minutes later, Shen Bi appeared in the office. The three of them greeted each other and after a few words, they got down to business.
"Mr. Ximen, I have discussed it with He Jiahao. He is willing to stop on the condition that Jardine Matheson Company will sell the Land Company to him. I think the conditions for the Land Company are very good at present." Shen Bi said He Jiahao's conditions. Read it again.
Ximen fell into deep thought and did not immediately respond to Shen Bi's words.
Bao Weishi said to Shen Bi, "Mr. Shen Bi, can HSBC provide a loan of 5 billion to Jardine Matheson Company and Land Company? If there is this fund, the two companies will definitely be able to keep it. Of course, HSBC will receive more prosperous profits."
Shen Bi frowned, "Mr. Bausch, HSBC suffered a lot in last year's financial crisis. Land Company's debt is very serious. This loan cannot be approved by the board of directors."
"What if Jardine Matheson and the Keswick family loaned 5 billion?" Ximen asked.
Shen Bi still shook his head, "HSBC cannot provide such a large amount of loans. Mr. Ximen, to be honest, the Land Company cannot be saved. Now you should consider how to save the Jardine Matheson Company. Even if you can loan 5 billion, He Jiahao can also get 5 billion from Wanguo Baotong Bank, but it will eventually fail."
Simon's breathing became heavier again, obviously he was trying desperately to hold back his anger.
Two minutes passed quietly. The office was very quiet, and the three of them didn't say much.
"Okay, I agree to sell Land Company, but I hope that Dairy Farm International, a subsidiary of Land Company, can be transferred to Jardine Matheson Company." Ximen said unwillingly.
Shen Bi said, "I can raise Mr. Ximen's request, but I don't think He Jiahao will agree. Mr. Ximen must be mentally prepared."
In Shen Bi's eyes, Simon Keswick is a very naive guy. At this time, he still wants to snatch the meat back from the mouth of the evil wolf. Isn't that asking for mercy from the enemy?
"If He Jiahao disagrees, I hope to turn Milk International into Mandarin Hotel. I must keep one of these two companies." Ximen said.
"Now that He Jiahao has the upper hand, the Keswick family has no say. I hope Mr. Ximen can think about it again." Shen Bi thought for a while, "Before getting off work today, Mr. Ximen can give me a final decision. I Goodbye now!"
He really didn't want to persuade Ximen, a man who still lived in the glory of his family in the past, but it was just the general trend and it was just for the sake of HSBC.
After Shen Bi left, Bausch once again persuaded "Mr. Ximen, Ho will not agree. He spent 10 billion Hong Kong dollars to launch the acquisition. If he cannot get a complete land company, it will be a failed acquisition for him." , there will also be losses.”
"Go and hold a high-level meeting, maybe you can get some good advice." Ximen said very dejectedly.
"yes!"
When Bausch was about to reach the door, Ximen said quietly, "If you don't have any good suggestions, just sell the real estate company."
Hearing this, Bao Weishi's face glowed, and he finally made up his mind, "Okay, I'll go and gather him right away."
Unfortunately, until the end of the high-level meeting, Ximen did not receive any useful suggestions. More senior staff suggested "rebirth" so that Jardine could make a comeback and even regain control of Land.
"He Jiahao! Newbigen! Bao Fuda!" Ximen leaned on the chair and said each word through gritted teeth.
Obviously, he blamed all the difficulties on the three people. In fact, the most important reason was that the Keswick family transferred a large amount of funds overseas, and the overseas companies could not repay them, so losses occurred.
When it was almost time to get off work, Ximen picked up the phone and dialed HSBC, "Mr. Shen Bi, I agree to all of He Jiahao's conditions. Let him choose a time and let's talk."
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