Chapter 673: [Simon Keswick’s killer move]
If audio player doesn't work, press Stop then Play button again
Chapter 673 [Simon Keswick’s Killer Trick]
The Hong Kong dollar crisis is coming and going fast, leaving Hong Kong Island with a lot of feathers.
On July 28th, Jardine Matheson and its subsidiary Land Corporation issued a joint statement: Land Corporation will issue 10% new shares to Jardine Land Corporation at a price of 6.15 Hong Kong dollars per share.
For a time, it attracted the attention of all parties!
Market participants believe that if Jardine Matheson really subscribes for 10% of the shares issued by Hongkong Land, it will inevitably increase its holdings from slightly less than 35% of the shares (35% of the threshold for comprehensive acquisitions) to 41% of the shares of Hongkong. Full acquisition line;
Does Jardine Matheson have the strength to fully acquire the land company? Many people do not believe that Jardine Matheson has such a strength, and for a while, some people have talked about Simon Keswick's faint tricks.
Just as the citizens were talking about it, Jardine Matheson once again made a move and issued an announcement: Jardine Matheson intends to initiate a comprehensive acquisition proposal for the land at a price of 6.2 Hong Kong dollars per share.
For a while, everyone finally knows what the new Jardine executive Simon Keswick is playing!
Jardine Matheson is not only consolidating its control over Land, but also not wanting to acquire Land Company in an all-round way;
It turned out that the price of 6.5 Hong Kong dollars per share is not attractive to the existing shareholders of Land, and naturally they will not be sold to Jardine Matheson;
This is in the middle of Jardine's embrace-without the need to spend huge amounts of money, it has made Jardine's holdings of land equity more than the trigger point and strengthened its controlling power in Land.
At the same time, the market predicts that Jardine’s move is nothing more than to resist pressure from the Wu family;
Therefore, the stock of Hongkong Land immediately began to skyrocket, rising to 7.2 Hong Kong dollars per share (total share capital 1.1 billion shares) in an instant.
Cheung Kong Building
Wu Guangyao, Wu Xianshuo, Li Nan, Ma Shimin, Yuan Tianfan, Liu Yu and others are discussing countermeasures. Simon Keswick’s move can be described as a killer bronze, disrupting Wu Guangyao’s arrangement;
Originally, Wu Guangyao planned to take advantage of the slump in the market after the Hong Kong dollar crisis, and once again talk to Jardines, and take the Land Company in one fell swoop.
Unexpectedly, Simon Keswick would instead use the market sluggishness to issue new shares of Land, in order to consolidate the controlling rights.
Ma Shimin said: "Ximen's move seems to be strengthening the controlling stake of Land. In fact, he may not have the idea of selling Land Company. He just wanted to use this to increase the price of Land. Everyone knows that Jardine was in the 1950s. The mainland assets were confiscated, and the Keswick family has always suffered from donor fear, so Jardine Matheson missed the rapid development of Hong Kong Island in the 1960s and 1970s."
Ma Shimin has been in the Yangtze River department for less than three years, and he is already the chief executive officer of Hutchison Whampoa and concurrently a director of Cheung Kong Holdings. He is highly regarded by Wu Guangyao;
And Ma Shimin has also worked for the Jardine Company for 14 years, and he also knows the Jardine Company very well;
Therefore, if Wu Guangyao is the leader in this acquisition, he is the chief staff officer.
Wu Guangyao nodded. He also believed that Jardine Matheson had the psychology of selling land. It was nothing more than a price issue.
But Land is definitely not worth 20 billion Hong Kong dollars now. Simon Keswick can be said to be a big open mouth, or want to test Wu Guangyao's determination to acquire Land.
Wu Guangyao said: "If I initiate a comprehensive acquisition of Land, how much is expected to cost?"
Yuan Tianfan quickly gave the answer: "According to the experience of the Wharf First Battle, I am afraid that it will exceed 20 billion Hong Kong dollars!"
When Wu Guangyao acquired Wharf, the stock price soared from HK$7 to HK$50 per share, which is equivalent to a seven-fold increase in market value;
Because there are two companies bidding, the stock can be doubled several times.
Wu Guangyao meditated and said for a long time: "In this way, it is still the most cost-effective way to talk with Jardine Land. As long as we win the Land Shares in Jardine's hands, we will have more methods to manipulate later. I cut the mess with a quick knife and I decided to fight quickly. Make a quick decision, hire Simon for me!"
Central, Chater Building.
Wu Guangyao brought people and senior executives of Jardines such as Simon Keswick to a meeting in a conference room.
Although the matter has reached a critical juncture, Wu Guangyao is still not in a hurry, but jokingly said: "If you talk about the doorway of stock market acquisitions and reverse takeovers, I think I am inferior to the Keswick family."
Milky Land Battle and Wharf Battle, in terms of the level of acquisition, the Wu family is naturally inferior to the Keswick family;
Notice that during the Milk Land War, Land Land almost succeeded without spending a penny (success in the previous life);
The reason why the Wu family won, but because of their absolute strength, the level of acquisition is limited, it is to spend money.
Simon Keswick calmly said: “In the acquisition war, strength is the best weapon; Mr. Wu has huge wealth, and he can naturally annex other companies unscrupulously in the market.”
Obviously, there is a sarcasm in addition to flattery!
Wu Guangyao didn't mind at all, but he advertised that he was a bona fide acquisition.
"You can't say that. Since the company is listed, it must abide by the listing rules; besides, the shareholders of the company I acquired are all convinced of me afterwards."
Both sides are a little bit at war, and the executives of Yihe still don’t want Land Company to be lost in their hearts;
Now facing powerful enemies, if you don’t deal with them properly, both Jardine and Land will be destroyed.
Ma Shimin saw this and said: "Ximen Taipan, we are willing to buy all the shares in Jardine's hands at a price of 12 Hong Kong dollars per share. We came with sincerity. Now Landland has too much debt. In this way, Jardines will lose 80% of last year's profits this year, while the loss of Land will be more than 1 billion Hong Kong dollars."
At this time, Land and Jardine have implemented mutual control. Although the equity is secured, it does a lot of harm;
Landland is today’s debt king with a debt of 13 billion Hong Kong dollars;
The creditor bank will freeze a large number of assets of Land and Jardines, freeze the assets of Jardines, and Jardines will naturally be unable to develop.
And now Wu Guangyao is eyeing again, Jardine and Land Land both dare not tear down this serial ship;
After all, once the serial ship is dismantled, Wu Guangyao’s acquisition will be much easier!
The situation at this time can be described as "blocking the door". The Wu family blocked Land and Yihe in a bad alley without food and water.
"Impossible!" Simon Keswick immediately shot back: "It must be 16 Hong Kong dollars per share! Mr. Wu, I understand you, you have long been eyeing the property in Central, and you have the mentality that it is inevitable."
At 16 Hong Kong dollars per share, the total share capital of Hongkong Land is 1.1 billion shares, so the market value of Hongkong Land is as high as 17.6 billion Hong Kong dollars.
[For reference, before October 1987, the four major Chinese families had acquired the shares of Jardine Land at HK$17 per share; the total issued shares of Land at that time was 2.5 billion shares, and the Chinese consortium offered Land Company as much as 42.5 billion. Hong Kong dollars (market value of 28 billion Hong Kong dollars). 】
This time, Wu Guangyao stopped bargaining and said decisively: “Tomorrow, the Land Company needs to suspend trading. From the afternoon, we need to check the relevant information of the Land Company.”
Simon Keswick also did not hesitate, and said: "Yes! But if you voluntarily give up the acquisition, you need to promise that you will never buy the land company again!"
Wu Guangyao said: "Not forever, I promise not to buy Land Company for five years at most!"
Although the deal has basically been concluded, Wu Guangyao still has a mindset;
After all, five years later, there are still several opportunities to get involved in the Land Company;
For the land property in Central, Wu Guangyao has the heart to win!
(End of this chapter)
Please report us if you find any errors so we can fix it asap!
Chapter 673 [Simon Keswick’s Killer Trick]
The Hong Kong dollar crisis is coming and going fast, leaving Hong Kong Island with a lot of feathers.
On July 28th, Jardine Matheson and its subsidiary Land Corporation issued a joint statement: Land Corporation will issue 10% new shares to Jardine Land Corporation at a price of 6.15 Hong Kong dollars per share.
For a time, it attracted the attention of all parties!
Market participants believe that if Jardine Matheson really subscribes for 10% of the shares issued by Hongkong Land, it will inevitably increase its holdings from slightly less than 35% of the shares (35% of the threshold for comprehensive acquisitions) to 41% of the shares of Hongkong. Full acquisition line;
Does Jardine Matheson have the strength to fully acquire the land company? Many people do not believe that Jardine Matheson has such a strength, and for a while, some people have talked about Simon Keswick's faint tricks.
Just as the citizens were talking about it, Jardine Matheson once again made a move and issued an announcement: Jardine Matheson intends to initiate a comprehensive acquisition proposal for the land at a price of 6.2 Hong Kong dollars per share.
For a while, everyone finally knows what the new Jardine executive Simon Keswick is playing!
Jardine Matheson is not only consolidating its control over Land, but also not wanting to acquire Land Company in an all-round way;
It turned out that the price of 6.5 Hong Kong dollars per share is not attractive to the existing shareholders of Land, and naturally they will not be sold to Jardine Matheson;
This is in the middle of Jardine's embrace-without the need to spend huge amounts of money, it has made Jardine's holdings of land equity more than the trigger point and strengthened its controlling power in Land.
At the same time, the market predicts that Jardine’s move is nothing more than to resist pressure from the Wu family;
Therefore, the stock of Hongkong Land immediately began to skyrocket, rising to 7.2 Hong Kong dollars per share (total share capital 1.1 billion shares) in an instant.
Cheung Kong Building
Wu Guangyao, Wu Xianshuo, Li Nan, Ma Shimin, Yuan Tianfan, Liu Yu and others are discussing countermeasures. Simon Keswick’s move can be described as a killer bronze, disrupting Wu Guangyao’s arrangement;
Originally, Wu Guangyao planned to take advantage of the slump in the market after the Hong Kong dollar crisis, and once again talk to Jardines, and take the Land Company in one fell swoop.
Unexpectedly, Simon Keswick would instead use the market sluggishness to issue new shares of Land, in order to consolidate the controlling rights.
Ma Shimin said: "Ximen's move seems to be strengthening the controlling stake of Land. In fact, he may not have the idea of selling Land Company. He just wanted to use this to increase the price of Land. Everyone knows that Jardine was in the 1950s. The mainland assets were confiscated, and the Keswick family has always suffered from donor fear, so Jardine Matheson missed the rapid development of Hong Kong Island in the 1960s and 1970s."
Ma Shimin has been in the Yangtze River department for less than three years, and he is already the chief executive officer of Hutchison Whampoa and concurrently a director of Cheung Kong Holdings. He is highly regarded by Wu Guangyao;
And Ma Shimin has also worked for the Jardine Company for 14 years, and he also knows the Jardine Company very well;
Therefore, if Wu Guangyao is the leader in this acquisition, he is the chief staff officer.
Wu Guangyao nodded. He also believed that Jardine Matheson had the psychology of selling land. It was nothing more than a price issue.
But Land is definitely not worth 20 billion Hong Kong dollars now. Simon Keswick can be said to be a big open mouth, or want to test Wu Guangyao's determination to acquire Land.
Wu Guangyao said: "If I initiate a comprehensive acquisition of Land, how much is expected to cost?"
Yuan Tianfan quickly gave the answer: "According to the experience of the Wharf First Battle, I am afraid that it will exceed 20 billion Hong Kong dollars!"
When Wu Guangyao acquired Wharf, the stock price soared from HK$7 to HK$50 per share, which is equivalent to a seven-fold increase in market value;
Because there are two companies bidding, the stock can be doubled several times.
Wu Guangyao meditated and said for a long time: "In this way, it is still the most cost-effective way to talk with Jardine Land. As long as we win the Land Shares in Jardine's hands, we will have more methods to manipulate later. I cut the mess with a quick knife and I decided to fight quickly. Make a quick decision, hire Simon for me!"
Central, Chater Building.
Wu Guangyao brought people and senior executives of Jardines such as Simon Keswick to a meeting in a conference room.
Although the matter has reached a critical juncture, Wu Guangyao is still not in a hurry, but jokingly said: "If you talk about the doorway of stock market acquisitions and reverse takeovers, I think I am inferior to the Keswick family."
Milky Land Battle and Wharf Battle, in terms of the level of acquisition, the Wu family is naturally inferior to the Keswick family;
Notice that during the Milk Land War, Land Land almost succeeded without spending a penny (success in the previous life);
The reason why the Wu family won, but because of their absolute strength, the level of acquisition is limited, it is to spend money.
Simon Keswick calmly said: “In the acquisition war, strength is the best weapon; Mr. Wu has huge wealth, and he can naturally annex other companies unscrupulously in the market.”
Obviously, there is a sarcasm in addition to flattery!
Wu Guangyao didn't mind at all, but he advertised that he was a bona fide acquisition.
"You can't say that. Since the company is listed, it must abide by the listing rules; besides, the shareholders of the company I acquired are all convinced of me afterwards."
Both sides are a little bit at war, and the executives of Yihe still don’t want Land Company to be lost in their hearts;
Now facing powerful enemies, if you don’t deal with them properly, both Jardine and Land will be destroyed.
Ma Shimin saw this and said: "Ximen Taipan, we are willing to buy all the shares in Jardine's hands at a price of 12 Hong Kong dollars per share. We came with sincerity. Now Landland has too much debt. In this way, Jardines will lose 80% of last year's profits this year, while the loss of Land will be more than 1 billion Hong Kong dollars."
At this time, Land and Jardine have implemented mutual control. Although the equity is secured, it does a lot of harm;
Landland is today’s debt king with a debt of 13 billion Hong Kong dollars;
The creditor bank will freeze a large number of assets of Land and Jardines, freeze the assets of Jardines, and Jardines will naturally be unable to develop.
And now Wu Guangyao is eyeing again, Jardine and Land Land both dare not tear down this serial ship;
After all, once the serial ship is dismantled, Wu Guangyao’s acquisition will be much easier!
The situation at this time can be described as "blocking the door". The Wu family blocked Land and Yihe in a bad alley without food and water.
"Impossible!" Simon Keswick immediately shot back: "It must be 16 Hong Kong dollars per share! Mr. Wu, I understand you, you have long been eyeing the property in Central, and you have the mentality that it is inevitable."
At 16 Hong Kong dollars per share, the total share capital of Hongkong Land is 1.1 billion shares, so the market value of Hongkong Land is as high as 17.6 billion Hong Kong dollars.
[For reference, before October 1987, the four major Chinese families had acquired the shares of Jardine Land at HK$17 per share; the total issued shares of Land at that time was 2.5 billion shares, and the Chinese consortium offered Land Company as much as 42.5 billion. Hong Kong dollars (market value of 28 billion Hong Kong dollars). 】
This time, Wu Guangyao stopped bargaining and said decisively: “Tomorrow, the Land Company needs to suspend trading. From the afternoon, we need to check the relevant information of the Land Company.”
Simon Keswick also did not hesitate, and said: "Yes! But if you voluntarily give up the acquisition, you need to promise that you will never buy the land company again!"
Wu Guangyao said: "Not forever, I promise not to buy Land Company for five years at most!"
Although the deal has basically been concluded, Wu Guangyao still has a mindset;
After all, five years later, there are still several opportunities to get involved in the Land Company;
For the land property in Central, Wu Guangyao has the heart to win!
(End of this chapter)
Chapter 673 Simon Keswick's Killer TrickThe Hong Kong dollar crisis is coming and going fast, leaving Hong Kong Island with a lot of feathers.On July 28th, Jardine Matheson and its subsidiary Land Corporation issued a joint statement: Land Corporation will issue 10% new shares to Jardine Land Corporation at a price of 6.15 Hong Kong dollars per share.For a time, it attracted the attention of all parties!Market participants believe that if Jardine Matheson really subscribes for 10% of the shares issued by Hongkong Land, it will inevitably increase its holdings from slightly less than 35% of the shares 35% of the threshold for comprehensive acquisitions to 41% of the shares of Hongkong. Full acquisition line;Does Jardine Matheson have the strength to fully acquire the land company? Many people do not believe that Jardine Matheson has such a strength, and for a while, some people have talked about Simon Keswick's faint tricks.Just as the citizens were talking about it, Jardine Matheson once again made a move and issued an announcement: Jardine Matheson intends to initiate a comprehensive acquisition proposal for the land at a price of 6.2 Hong Kong dollars per share.For a while, everyone finally knows what the new Jardine executive Simon Keswick is playing!Jardine Matheson is not only consolidating its control over Land, but also not wanting to acquire Land Company in an all-round way;It turned out that the price of 6.5 Hong Kong dollars per share is not attractive to the existing shareholders of Land, and naturally they will not be sold to Jardine Matheson;This is in the middle of Jardine's embrace-without the need to spend huge amounts of money, it has made Jardine's holdings of land equity more than the trigger point and strengthened its controlling power in Land.At the same time, the market predicts that Jardine's move is nothing more than to resist pressure from the Wu family;Therefore, the stock of Hongkong Land immediately began to skyrocket, rising to 7.2 Hong Kong dollars per share total share capital 1.1 billion shares in an instant.Cheung Kong BuildingWu Guangyao, Wu Xianshuo, Li Nan, Ma Shimin, Yuan Tianfan, Liu Yu and others are discussing countermeasures. Simon Keswick's move can be described as a killer bronze, disrupting Wu Guangyao's arrangement;Originally, Wu Guangyao planned to take advantage of the slump in the market after the Hong Kong dollar crisis, and once again talk to Jardines, and take the Land Company in one fell swoop.Unexpectedly, Simon Keswick would instead use the market sluggishness to issue new shares of Land, in order to consolidate the controlling rights.Ma Shimin said: "Ximen's move seems to be strengthening the controlling stake of Land. In fact, he may not have the idea of selling Land Company. He just wanted to use this to increase the price of Land. Everyone knows that Jardine was in the 1950s. The mainland assets were confiscated, and the Keswick family has always suffered from donor fear, so Jardine Matheson missed the rapid development of Hong Kong Island in the 1960s and 1970s."Ma Shimin has been in the Yangtze River department for less than three years, and he is already the chief executive officer of Hutchison Whampoa and concurrently a director of Cheung Kong Holdings. He is highly regarded by Wu Guangyao;And Ma Shimin has also worked for the Jardine Company for 14 years, and he also knows the Jardine Company very well;Therefore, if Wu Guangyao is the leader in this acquisition, he is the chief staff officer.Wu Guangyao nodded. He also believed that Jardine Matheson had the psychology of selling land. It was nothing more than a price issue.But Land is definitely not worth 20 billion Hong Kong dollars now. Simon Keswick can be said to be a big open mouth, or want to test Wu Guangyao's determination to acquire Land.Wu Guangyao said: "If I initiate a comprehensive acquisition of Land, how much is expected to cost?"Yuan Tianfan quickly gave the answer: "According to the experience of the Wharf First Battle, I am afraid that it will exceed 20 billion Hong Kong dollars!"When Wu Guangyao acquired Wharf, the stock price soared from HK$7 to HK$50 per share, which is equivalent to a seven-fold increase in market value;Because there are two companies bidding, the stock can be doubled several times.Wu Guangyao meditated and said for a long time: "In this way, it is still the most cost-effective way to talk with Jardine Land. As long as we win the Land Shares in Jardine's hands, we will have more methods to manipulate later. I cut the mess with a quick knife and I decided to fight quickly. Make a quick decision, hire Simon for me!"Central, Chater Building.Wu Guangyao brought people and senior executives of Jardines such as Simon Keswick to a meeting in a conference room.Although the matter has reached a critical juncture, Wu Guangyao is still not in a hurry, but jokingly said: "If you talk about the doorway of stock market acquisitions and reverse takeovers, I think I am inferior to the Keswick family."Milky Land Battle and Wharf Battle, in terms of the level of acquisition, the Wu family is naturally inferior to the Keswick family;Notice that during the Milk Land War, Land Land almost succeeded without spending a penny success in the previous life;The reason why the Wu family won, but because of their absolute strength, the level of acquisition is limited, it is to spend money.Simon Keswick calmly said: In the acquisition war, strength is the best weapon; Mr. Wu has huge wealth, and he can naturally annex other companies unscrupulously in the market.Obviously, there is a sarcasm in addition to flattery!Wu Guangyao didn't mind at all, but he advertised that he was a bona fide acquisition."You can't say that. Since the company is listed, it must abide by the listing rules; besides, the shareholders of the company I acquired are all convinced of me afterwards."Both sides are a little bit at war, and the executives of Yihe still don't want Land Company to be lost in their hearts;Now facing powerful enemies, if you don't deal with them properly, both Jardine and Land will be destroyed.Ma Shimin saw this and said: "Ximen Taipan, we are willing to buy all the shares in Jardine's hands at a price of 12 Hong Kong dollars per share. We came with sincerity. Now Landland has too much debt. In this way, Jardines will lose 80% of last year's profits this year, while the loss of Land will be more than 1 billion Hong Kong dollars."At this time, Land and Jardine have implemented mutual control. Although the equity is secured, it does a lot of harm;Landland is today's debt king with a debt of 13 billion Hong Kong dollars;The creditor bank will freeze a large number of assets of Land and Jardines, freeze the assets of Jardines, and Jardines will naturally be unable to develop.And now Wu Guangyao is eyeing again, Jardine and Land Land both dare not tear down this serial ship;After all, once the serial ship is dismantled, Wu Guangyao's acquisition will be much easier!The situation at this time can be described as "blocking the door". The Wu family blocked Land and Yihe in a bad alley without food and water."Impossible!" Simon Keswick immediately shot back: "It must be 16 Hong Kong dollars per share! Mr. Wu, I understand you, you have long been eyeing the property in Central, and you have the mentality that it is inevitable."At 16 Hong Kong dollars per share, the total share capital of Hongkong Land is 1.1 billion shares, so the market value of Hongkong Land is as high as 17.6 billion Hong Kong dollars.For reference, before October 1987, the four major Chinese families had acquired the shares of Jardine Land at HK$17 per share; the total issued shares of Land at that time was 2.5 billion shares, and the Chinese consortium offered Land Company as much as 42.5 billion. Hong Kong dollars market value of 28 billion Hong Kong dollars. This time, Wu Guangyao stopped bargaining and said decisively: Tomorrow, the Land Company needs to suspend trading. From the afternoon, we need to check the relevant information of the Land Company.Simon Keswick also did not hesitate, and said: "Yes! But if you voluntarily give up the acquisition, you need to promise that you will never buy the land company again!"Wu Guangyao said: "Not forever, I promise not to buy Land Company for five years at most!"Although the deal has basically been concluded, Wu Guangyao still has a mindset;After all, five years later, there are still several opportunities to get involved in the Land Company;For the land property in Central, Wu Guangyao has the heart to win!End of this chapter
