Reborn in Hong Kong as a Tycoon

Chapter 272 Killing Cheng Yaojin Halfway

Chapter 272 Killing Cheng Yaojin Halfway

at the same time.

When a team from Hutchison Whampoa contacted Jardine and wanted to acquire the Golden Gate Building, Hutchison Whampoa also sent a team to contact Wheelock, wanting to acquire the Federation Building, International Building and Ocean Center under the name of Wheelock.

Hutchison Whampoa did not think about acquiring all three properties. The main reason was that Wheelock would not agree to all of them. The reason why the three properties were all targets was just in case, and it would be better for bargaining.

Wheelock was founded by George Madden, a British Jew, but in 71, Wheelock acquired the Federal Real Estate Company owned by the Chinese businessman Zhang Yuliang by issuing new shares, which allowed Wheelock to own the International Building and the Federal Building. High-end commercial building.

However, the consequence of this is that the shareholding of the Madden family was diluted, and Zhang Yuliang became the major shareholder of Wheelock instead.However, Zhang Yuliang's shareholding ratio is only about 30%, which is only a little more than that of the Madden family, and has not reached the point of absolute control, so the chairman of Wheelock is still John Madden of the Madden family.

It’s just that one holds more shares but is not the company’s controller, and the company’s controller’s shares are not the highest. Of course, Zhang Yuliang can’t let the Madden family control Wheelock willingly, so he has been fighting openly and secretly with John Madden. The two sides are in harmony with each other.

However, Wheelock was founded by the Madden family, and more directors are British-owned, so they naturally sided with the Ma Bin family, so Zhang Yuliang has been unable to compete with John Madden, and Wheelock's control has always been In the hands of the Ma Bin family.

Hutchison Whampoa wants to acquire three properties of Wheelock, and the actual value of these three properties is more than 10 billion Hong Kong dollars. For such a huge transaction, Wheelock naturally held a meeting of the board of directors and senior management immediately.

However, before this, John Madden, the chairman of Wheelock, did one thing first, which was to cancel the negotiation with another team.

It turned out that before Hutchison Whampoa contacted Wheelock, someone had already contacted Wheelock, wanting to acquire Wheelock's Federal Building and International Building.

Although the Ocean Center property is less than Hutchison Whampoa, the value of these two buildings is more than 5 million Hong Kong dollars. It cannot be negotiated in two or three days, and has been under negotiation.

Now that the buyer of the acquisition is Hutchison Whampoa, of course Wheelock will stop negotiating with the other party.No matter whether the property is sold or not, and how it is sold, there is no doubt that if there is competition, the selling price will definitely be higher.

Cangjiang Industry.

"Mr. Li, the negotiation with Wheelock has changed, and Wheelock has unilaterally suspended the negotiation."

Mai Liyin returned to the company to report to Li Jiacheng.

"What happened? Didn't we have a good talk before?"

Li Jiacheng couldn't help frowning slightly after hearing this. He had originally negotiated a good deal and saw great hope of success, but Wheelock suddenly stopped the negotiation, which made people worry.

"I've asked."

McLean, who was in charge of the negotiation, of course came back to report after inquiring about the reason. He said: "According to the other party, it was Hutchison Whampoa who suddenly proposed to Wheelock to acquire the three properties of Federal Building, International Building and Ocean Center. Although this The matter has not been confirmed yet, but this is not a trivial matter, and it is easy to prove it, so it is unlikely that the other party will deliberately lie."

"It turned out that Hutchison Whampoa intervened? Could it be Lin Baicheng playing tricks again?!"

Li Jiacheng frowned and snorted coldly. Since Lin Baicheng had a grudge with Lin Baicheng last year and Lin Baicheng took Hutchison Whampoa, Hutchison Whampoa targeted Cangjiang Industrial in the real estate industry, regardless of the fact that he was also a shareholder.Although Cangjiang Industrial itself has a large amount of land and is not afraid of Hutchison Whampoa's targeting, it has caused some troubles to Cangjiang Industrial.

Li Jiacheng really wanted to kick Lin Baicheng out of Cangjiang Industrial, but the problem was that Lin Baicheng only held 5% of Cangjiang Industrial's shares. He couldn't do anything because of such a small share, and other shareholders would not agree to him doing that.Therefore, he could only watch helplessly as Lin Baicheng took the shares of Cangjiang Industrial, but let Hutchison Whampoa target Cangjiang Industrial, which made him extremely unhappy.

Of course, Li Jiacheng is not the kind of person who is afraid of getting into trouble. At the beginning, when he shorted Hutchison Whampoa, it was his tit for tat. He himself has nothing to lose.

The result of shorting Hutchison Whampoa was that the market value of Hutchison Whampoa soared, reaching about tens of billions of Hong Kong dollars. At that time, Li Jiacheng's energy could no longer target Hutchison Whampoa, so he put out that thought.

A while ago, Li Jiacheng got the support of HSBC Shen Congee. He also had the idea of ​​using HSBC's power to target Lin Baicheng, but he finally gave up after thinking about it.After all, even if HSBC targets Hutchison Whampoa, there is no way to make Hutchison Whampoa hit hard all at once, at most it will cause trouble, not to mention whether HSBC will help him is another matter.

Therefore, Li Jiacheng decided to develop and make himself stronger.

Li Jiacheng has always been optimistic about Xiangjiang's real estate industry.After receiving the support of HSBC, while expanding the land development scale of Cangjiang Industrial, he decided to acquire properties and sell them for a profit.

After choosing and choosing, Li Jiacheng chose Wheelock's Federal Building and International Building, and formed a team to negotiate with Wheelock.Seeing that the negotiation was about to make progress, Hutchison Whampoa suddenly intervened. How could Li Jiacheng not suspect that Lin Baicheng deliberately targeted him after learning about this incident.

McLean nodded: "It's possible, this is not the first time Hutchison Whampoa has targeted the company."

Li Jiacheng asked, "Do you have any suggestions?"

McLean thought for a while and said, "I think it's very important for us to find out whether Hutchison Whampoa really wants to acquire Federal Building and International Building, or just wants to raise the price to increase our acquisition cost. "

"Leave the inquiries to me."

Li Jiacheng decided to ask Shen Congee of HSBC to inquire about this matter. HSBC is the major shareholder and director of Hutchison Whampoa, so such a large transaction will definitely know.

"You remember to pay attention to the negotiations between Hutchison Whampoa and Wheelock. I want to know the details of the negotiations between the two companies."

McLean nodded and said, "President Li, don't worry, if there is any situation, I will report it as soon as possible."

"Well, you go out and do your work first."

After Mai Reyin left the office, Li Jiacheng was also about to leave. He planned to go to HSBC in person and ask Shen Congee about it.

This time, no matter what the purpose of Hutchison Whampoa is, Li Jiacheng is ready to do something to fight back.Otherwise, if you have been targeted but have no effective counterattack, you will only be underestimated and will be targeted more unscrupulously.

(End of this chapter)

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