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Chapter 654 Real Estate 'King of Kings'

"Yes, buddy, I need your help." Simon said eagerly.

Pu Wesz thought for a while, "Okay, how much do you need?"

Naturally, Pu Weishi will not miss such a good thing that he can collect interest when lending money, unless Su Chen prepares tens of billions of Hong Kong dollars, otherwise he also thinks that Shengshi will not be able to buy Landmark so easily.

Even Li Cucumber Li Zhaoji and others who eat melons are waiting for the real start of this drama.

Many people called Boss He: "Dr. He, your son-in-law is really brave and resourceful. He has already held so many shares of Hongkong Land without saying a word. It seems that Hongkong Land should be acquired."

"I don't know about this matter, don't think that everything has to do with me." Boss He was very depressed, but secretly happy, which shows that he has a good vision.

Even though it was just a son-in-law by mistake, the more capable the other party was, the more he met the He family's requirements for choosing a son-in-law, and also met the He family's development needs.

Although Su Chen turned upside down in Hong Kong, don't forget that the other party is from the capital, and his final plan must be in the mainland.

Many people are discussing this matter, wanting to see if this rising star can break off Jardine's other big tooth.

"Although those two lunatics beat me to the punch, I still admire them." Lee Shau-kee said, "This is another Chinese capital that dares to confront British capital after Boss Li and Boss Bao. I just don't know. Can you buy it?"

Li Cucumber didn't express his opinion, because he couldn't see what Su Chen's trump card was. If he wanted to make a full acquisition, it wouldn't be possible to do it with a few hundred million.

But none of the rich men in Hong Kong raised money, and Su Chen didn't raise money from any bank. Where did his money come from?

Even if he wants to buy the shares in Su Chen's hands now, it is absolutely impossible, because it is a little fox.

It should be known that Hongkong Land still holds particularly valuable properties in Central Hong Kong, such as Landmark Plaza and Securities Plaza in Central.

Moreover, Hongkong Land is the oldest real estate company in Hong Kong. It owns a huge investment portfolio of high-end commercial buildings in the prime location of the Central Business District, the heart of Hong Kong's economy, and is known as the "Pearl in the Crown" of Hong Kong real estate.

As Hong Kong Land said in its promotion: "Without Landmark, the sea view of Victoria, Hong Kong will be very different."

Whoever controls Landmark can be called the "king of kings" in Hong Kong's real estate industry.

That little fox was actually laying out the layout early on, this city mansion is not so deep.

If Shengshi really buys Landmark, then Hong Kong's real estate status will have to be reshuffled.

Some people think that Shengshi can acquire Hongkong Land, while others sing bad words about this acquisition.

Because bidding for acquisition is a game of fighting for money.

No one knew how much money Shengshi had prepared.

Simon Keswick didn't know how much money he had to prepare.

On the one hand, urgently prepare funds, and on the other hand, hold a general meeting of shareholders.

At the meeting, someone suggested: "Mr. Chairman, I think we should start the additional issuance plan immediately to show the market our determination to defend Hongkong Land's controlling stake!"

According to the resolution passed at the previous general meeting of Hongkong Land, the board of directors of Hongkong Land has the right to issue no more than 10% of new shares at a price not lower than [-]% off the market price.

At the beginning, Jardine Co., the major shareholder, guided Hongkong Land's shareholders' meeting to pass this authorization in order to quickly increase its shareholding ratio in an emergency, thereby deterring other potential acquisition opponents.

If Hongkong Land issued 7.2% new shares to major shareholder Jardine Holdings at a 10% discount of the suspension price of HK$[-] per share, Jardine would also have to provide more than one billion Hong Kong dollars in cash, and the company does not have so much liquidity in its hands now. .

Since Hongkong's stock has been temporarily suspended, trading can only be carried out through a stock brokerage firm entrusted by Shengshi Holdings.

The brokerage firm entrusted by Shengshi is a well-established company in Hong Kong, Dolly Securities.

However, not many people sold their Land shares on the first day.

Most shareholders of Hongkong Land have chosen to wait and see for the time being.

Waiting for the actions of the Jardine Company, and the Jardine Group, as an old Jianghu, did not disappoint everyone. In the evening, both Jardine Holdings and Hongkong Land Group issued a series of announcements intensively.

Among them, Jardine Holdings announced the issuance of new shares, 2 new Jardine shares with a price of 11 yuan, and an unsecured bond with a face value. book purchase price.

At the same time, Hongkong Land also announced that it will issue 6.2 million new shares to Jardine Holdings at a price of 2 yuan per share to acquire 50% of the equity of Jinmen Construction Company held by Jardine Holdings, 25% of the equity of Hongkong Air Cargo Terminal, 50% equity interest in Jardine Schindler, and Yan Fu Hong Co., Ltd.

This operation is indeed in line with the anti-hostile takeover strategy.

Although Provis promised to loan Simon Keswick, he could not rely on cash flow alone.

Simon Keswick also wanted to take the opportunity to consolidate the control of the Kesher family.

In other words, the battle with Jardine is the most eye-catching, because Jardine has too many industries, and this company controls half of the lifeline of Hong Kong.

Gammon Construction is a subsidiary of Jardine, and its origins can be traced back to the head office founded by John Gammon in India in 1919.

The main business is Hong Kong construction and civil engineering. It has been independent since the construction of Hong Kong Kai Tak Airport in 1955. It was listed in Hong Kong from 1970 to 1975. In the 1970s, it bought the Golden Bell Building and built the Golden Gate Building.

In May 1975, Jardine announced the privatization of Golden Gate Construction.

Therefore, Golden Gate Construction is the general contractor of many construction projects in Hong Kong and the Asia-Pacific region, commonly known as the big contractor.

Then, in 1983, Jardine Corporation transferred half of the shares of Golden Gate Construction to the Trafalgar Group in the United Kingdom, and then launched a plan to infiltrate the Trafalgar Group.

With the full support of Jardine Matheson and Trafalgar, Gammon Construction's business is no longer limited to a corner of Hong Kong, and it is preparing to develop into a first-class construction company in the Asia-Pacific region.

Hong Kong Air Cargo Terminals is a major operator in the air cargo industry in Hong Kong, jointly initiated by Jardine Matheson, Swire Pacific and Cathay Pacific.

With the development of Hong Kong's aviation industry, the company's annual profitability has steadily increased.

Jardine Schindler is a joint venture between Jardine and Schindler Group, the world's second largest elevator company and the largest escalator company. It occupies about [-]% of the commercial elevator and escalator market in Hong Kong.

Ren Fu Hong is a wholly-owned subsidiary of Jardine Motor Company, and is the agent of Mercedes-Benz in Hong Kong and Macau. It has two showrooms and eight maintenance service centers in Hong Kong and Macau.

It can be said that Jardine Company took out a large amount of high-quality assets this time to exchange for the new shares issued by the local company.

Of course, it is not so easy to conclude this deal. First, a professional third-party appraisal company must evaluate the value of Jardine's assets.

But Jardine's move undoubtedly shows his determination. Once the transaction of additional issuance of new shares is reached, Jardine's shareholding in Hongkong Land will rise to 32%.

The original 25% stake held by Shengshi Holdings will be diluted to about 22%.

Jardine Matheson can regain about 10% equity leading position, which puts it in a comparatively favorable position for the time being in this war of acquisition and anti-acquisition.

Therefore, the background of these old British capitals is not ordinary enough, just like those thousand-year-old sects of cultivating immortals.

Anything that you can take out is beyond the reach of others.

Facing the strategy prepared by Jardine, Tang Wanru laughed and said: "Sure enough, it is this trick again. Wharf used to use this trick. It's a pity that Ximen is not Niu Bijian."

"Indeed, and the situation is worse now than it was back then."

Su Chen nodded, "Jardine's market value was originally much smaller than Hong Kong Land, and now Keswick wants to use the method of issuing unsecured bonds to accomplish a feat of swallowing elephants, which is impossible.

And this guy hasn't come up with cash yet, obviously he wants to take the opportunity to stabilize the position of the Keswick family, so let's break his illusion. "

"Let's go, the reporters are already here," Tang Wanru said.

Holding a press conference is also a strategy arranged by Su Chen.

In the afternoon, invitation letters were sent to the major media in Hong Kong, informing them that they would hold a special press question-and-answer meeting on the acquisition of Hong Kong Land Company at the Shengshi Holdings Building at [-] o'clock in the evening.

(End of this chapter)