Through the wealth life

Chapter 505 Transfer Market
Jiayi Radio did not wait for the news at 06:30 in the evening, but reported on the Wellcome Supermarket at [-]:[-] in the afternoon, and also edited and polished the matter.

The report of this incident is a huge blow to the reputation of Wellcome Supermarket. After reading this report, the citizens of Xiangjiang will prefer Watsons and Hengyu Supermarket when shopping. When I was shopping, I saw the listless and frowning expressions of the sales staff.

In the meeting room, Henry Keswick reported the situation of Wellcome Supermarket to the shareholders, and at the same time proposed to increase wages for Wellcome employees.

The shareholders present here are not satisfied with the current situation of Wellcome. They are very unhappy that they have to pay more wages at this time, and the money is still paid by the group headquarters.

One of the shareholders said: "Keswick, Wellcome Supermarket is not profitable at all, why should we pay them more wages, we have no such obligation."

Henry Keswick saw that these people didn't care about Wellcome Supermarket at all, and he was a little angry. This group of people relied on the development and dividends of Jardine over the years, and lived the life of the upper class in Xiangjiang. Now the group is facing External competition wants them to reap a little less profit, and they are not willing.

Keswick said: "You also know the situation of Watsons and Hengyu Supermarket. If we don't do this, our Wellcome Supermarket will go bankrupt. Once Wellcome collapses, how long can we persist in Jardine. And our Yihe And once you fall, I'm afraid you won't feel much better, and the Li consortium will not give up suppressing our British-funded enterprises."

These shareholders don't care about this issue. They understand now that they can't beat Li's consortium in Xiangjiang. They are waiting for the right opportunity to cash out at high positions. Once there is trouble in Xiangjiang, they will leave here immediately .

One of the shareholders said: "Keswick, now you still have naive illusions, hoping that you can turn the fight with the Lee consortium in the retail market in the future. This is simply impossible, and Xiangjiang can't accommodate three large supermarkets. Group. If this drags on, not only Wellcome will go bankrupt, but Jardine Group will also be dragged down like this.”

Henry Keswick didn't want to make concessions on this. He knew that once Wellcome fell, the Li's consortium would continue to focus on other industries under its own, and would only be eaten up by the Li's consortium one by one.

Wellcome must be preserved, and he believes that Li Guangyu is also a capitalist, and he will not let the two supermarket groups continue like this.

He only needs to persist for a few months. When Li Guangyu sees that he is not in the wrong, he will naturally think of ending this kind of competition. After all, making money is what their businessmen should do.But these shareholders didn't want to give them such a long time, which made him quite dissatisfied.

Henry Keswick said: "This time I am just reporting to you shareholders that the wage increase of Wellcome Supermarket employees is imperative. As long as I am the chairman of Jardine Group, Wellcome Supermarket will not be allowed to fall. .”

Henry Keswick's insistence on going his own way made these shareholders quite unhappy, but Henry Keswick had more than half of the voting rights, so it was useless even if they had opinions.

A shareholder said: "Keswick, if you do this, you will only let the entire Jardine Group be buried with you. Don't you understand the current situation? Even the Swire Group has chosen to back down. Why do you have to take it with you?" The Jardine Group is at the forefront, and the ultimate goal of the Lee consortium is HSBC and Standard Chartered, and that is the most important thing, why should we block the guns for their two major banks."

Henry Keswick doesn't think so, he won't fail Jardine, and the Lee Consortium won't let Jardine go. If the Swire Group didn't have the Li Consortium become the second largest shareholder, it probably wouldn't be better than him now. How much better, besides, the aircraft industry in Taikoo was lost by the Li's consortium.

Henry Keswick said: "The problem now is that the Lee consortium has been staring at our Jardine Group. If we don't want to fall, we can only fight to the end. We have the support of two major banks behind us. At the same time, the Xiangjiang government is absolutely They don’t want to see our British-funded consortium cleared. I believe they will not leave us behind at the critical moment.”

However, these shareholders do not believe that these parties will be willing to spend their capital to support the Jardine Group. Moreover, the future of Xiangjiang is unclear, and they are not willing to be buried with Jardine themselves.

A shareholder said: "Keswick, I advise you not to have too much hope for the two major banks and the Xiangjiang government. Once the Jardine Group becomes a drag on them, they will not hesitate to abandon Jardine. Yes. The rise of the Chinese-funded consortium is a foregone conclusion. At this time, it is more important for us to find a way to keep our assets. If we can’t do it, we can even transfer the market. Why stick to the Xiangjiang market?"

As soon as the shareholder finished speaking, some shareholders continued to say: "Keswick, the Lee Consortium is now deeply rooted in Xiangjiang, and has unlimited financial support. We simply don't have the strength to compete with them head-on. Why don't we take it slow?" Let us give up some Xiangjiang industries and invest these funds in Singapore, Australia, Canada and other Commonwealth regions, as long as we have funds in these places, we can also open up a new business."

After Henry Keswick heard the words of the two shareholders, he also fell silent. The chance of winning the Li's consortium in Xiangjiang is really slim.

In the more than six months since he came to Xiangjiang, Henry Keswick has not won a single victory in the contest with the Li's consortium.However, their allies are constantly being eaten by the other party, leaving them Jardine to face the suppression of the Li's consortium alone.

The four foreign firms that used to dominate Xiangjiang finally stepped off the stage. Xiangjiang is no longer his peaceful world. For Xiangjiang, it will only enter the era of Li's consortium.

Henry Keswick said: "I will negotiate with the Jardine family on your proposal, and we also need to investigate the area we want to enter. Now we still have to maintain Wellcome and let the Lee consortium keep an eye on us Wellcome Supermarkets are also beneficial for us to transfer the market.”

Seeing that Henry Keswick did not reject the opinions of himself and others, these shareholders were also very happy. As long as Jardine Matheson is willing to increase investment in Singapore, Australia and other places, they will not worry about losing the shares in their hands after losing the Xiangjiang market. become worthless.

A shareholder said: "Keswick, since this is the case, we agree to pay more wages to Wellcome employees this time. We just hope that you can deal with Wellcome's affairs as soon as possible. This delay will not do us any good. Invest the funds withdrawn from Wellcome into new markets.”

After the meeting, Henry Keswick called the Jardine family and reported to his uncle about the meeting.

The head of the Jardine family said: "Keswick, I have also heard some news from Xiangjiang. If something cannot be done, we should transfer the market. There is no need for us to drag Jardine Group in Xiangjiang."

The Jardine's family also has a lot of information on the Li's consortium, and now the Li's consortium is becoming more and more influential in the British mainland, not to mention the place where they started from Xiangjiang.

……

PS I recommend you a new fantasy book "I May Not Be the Protagonist", the author said there is a link.

(End of this chapter)