Reborn in Hong Kong as a Tycoon

Chapter 236 The Caesarker Family

Jardine Matheson.

Because Niu Bijian caused Jardine Matheson to lose a lot of relationship, he was resigned by Jardine Matheson. The new chairman is now Henry Kessack.

The board of directors of Jardine Matheson is firmly controlled by the Kessack family. Over the years, many family members of the Kessack family have served as managers of important companies of Matheson. Henry Kessack served as the company manager from 1970 to 1975, and he is the company The 6th Keswick in the manager.

After 1975, Henry Keswick left Xiangjiang and returned to England.However, this time Niu Bijian was fired, and it was difficult for the Keswick family to find a suitable chairman for the company for a while, so Henry Keswick was sent over, and Henry Keswick was temporarily appointed as the chairman of Jardine Matheson.

If Henry Kessack does well, and he himself is willing to serve as the chairman of Jardine Matheson, then this temporary position will definitely be removed later and become a long-term position.

After all, it is only 1978 now, and it has only been about three years since Henry Kessack left Xiangjiang. Many management levels of Jardine Matheson have not changed, so he quickly took control of Jardine Matheson.At the same time, Henry Kessack also had an understanding of some of Jardine Matheson's most important businesses today.

However, on Thursday, the manager of the Jardine Matheson Securities Investment Department reported to Henry Kesaker that the stock of Wharf had changed in the past few days, and a lot of funds were buying the stock of this company .

Wharf and Hongkong Land are the left shoulders and right arms of Jardine Matheson, one of the most important companies. Henry Kessack also knows that Wharf was targeted by the world shipping tycoon Bao Yugang last year, and Bao Yugang bought Wharf A large number of stocks. Later, Niu Bijian approached HSBC Taipan Shen Congee to negotiate a peace, so that Bao Yugang stopped increasing his holdings in Wharf.

"Could it be that Bao Yugang saw the group's recent loss of hundreds of millions of Hong Kong dollars, so he tore up the verbal agreement and increased his stock holdings?"

Henry Kessack guessed that the damage and weakness of the group is obvious to all, Bao Yugang will definitely know, so he immediately thought of Bao Yugang.

"It's not certain yet."

The manager of the investment department said: "I will ask someone to investigate this matter, but if you want to find out faster, it is best for you, Chairman, to ask the exchange."

"I'll call right away."

Is Bao Yugang increasing his holdings of Wharf stock? This matter is very important, so Henry Kessack immediately called the senior executives of the Hong Kong Stock Exchange to ask people how much they bought this stock of Wharf in the past few days. Where does the money come from.

The face of Jardine Matheson was still very useful in Xiangjiang, so Henry Kessack soon knew who was buying and how many shares he had bought.

"I didn't expect Yum Securities to be buying shares in Wharf."

Henry Kessack was very surprised. Jardine Matheson suffered such a big loss by shorting Hutchison Whampoa. Of course, it was found out that it was Lin Baicheng and Iwasaki Mineryu who made money by doing long. At the same time, Lin Baicheng's property in Xiangjiang was also investigated. clear.

Of course, Jardine Matheson can only find out what industries Lin Baicheng has, and how these companies operate is not something that Jardine Matheson can find out.

"This Lin Baicheng, I haven't troubled him yet, but he is lucky, and he has his eyes on Wharf again."

Henry Cassack was very upset, Jardine had suffered a huge loss, of course Henry Cassack wanted to get back his position, but for the time being he didn’t have the time to trouble Lin Baicheng, the top priority was sorting out the group, unexpectedly he didn’t take any action However, Lin Baicheng first acted against Jardine Matheson.

"Chairman, I don't think there is any need to worry too much about this matter."

After learning that it was Lin Baicheng who bought the shares of Wharf, the manager of the investment department said aloud: "Currently, Jardine Matheson and Bao Yugang hold about 50% of the shares of Wharf, and the most circulating shares in the market are only Half, if Lin Baicheng wants to acquire Wharf, he will not be able to buy too many stocks. If he really buys 10% or even 20% of the shares, then the stock price will inevitably be raised very high. It’s not too late to deal with it.”

"Things are not as simple as you think."

Henry Kesak shook his head after hearing this: "At present, we and Bao Yugang should both hold 20.00% of the shares, but we may have more. If Lin Baicheng buys 10% or more shares , At that time, he bought all the shares from Bao Yugang, or Bao Yugang bought all the shares from him, no matter what happens, we Jardine will lose control of Wharf.”

"It's not impossible."

The manager of the investment department thought about it, and found that this possibility is not small, after all, both Lin Baicheng and Bao Yugang are Chinese.Furthermore, even if they do not buy shares from each other, but choose to cooperate and take control together, Jardine may be kicked out of Wharf.

Henry Kessack said aloud: "You go to watch the changes in the stock market first, and I will call all the senior management to hold a meeting to discuss how to deal with it."

"Yes, Chairman."

The manager of the investment department left after hearing the words.

Henry Cassack did not delay, and immediately asked the secretary to contact all the high-level executives for a meeting in the conference room.

The senior executives of Jardine Matheson were also very surprised when they learned that Lin Baicheng's Yum Securities bought shares in Wharf. They did not expect that there would be another spoiler, and it would appear when Jardine's strength was damaged. .

Henry Cassack and others discussed whether there is a way to prevent Lin Baicheng from buying Wharf stocks, at least not too much, preferably within 5%.Jardine has lost hundreds of millions of Hong Kong dollars this time. It is difficult to raise a large amount of funds without selling important assets of the group. Naturally, there is no way to increase its holdings in Wharf, so Lin Baicheng can not buy too much Wharf Stocks are of course the best.

After some discussion, Henry Cassack and others decided to ask HSBC and Standard Chartered Bank to find Lin Baicheng to inquire about the situation. If they can confirm that Lin Baicheng wants to buy a large number of Wharf stocks, they will ask the two banks to help persuade them.

If the persuasion fails and Lin Baicheng insists on buying a large amount of Wharf stocks, then Jardine will accompany him to the end, and first choose a loan from the bank to increase his holdings of Wharf stocks.As for the verbal agreement with Bao Yugang, it is of course void.

If possible, Henry Caesark now hopes that Jardine Matheson can recover its strength in a safe and stable manner. Unfortunately, the sky is not as good as people want, and the important companies of the group are being targeted, so they have to choose to fight.

Of course, Henry Kessack actually had an unknown idea in his heart. If the control of Wharf would cause the share price of Wharf to be too high, then Jardine would give up Wharf, sell the stock at a high price, and cash out a large amount. Funding is also perfectly acceptable.

(End of this chapter)