The Industrial Giant Reborn.

Chapter 460 Obtaining the Land
24% of the votes were in favor, which would naturally not be passed at an ordinary shareholders' meeting.

But it is different here. 35% of the voting rights of Yiji Mutual Control have been abolished, and the remaining 65%. In addition, the 21% held by Chen Zhiwen naturally agrees, which adds up to 45%, accounting for 65% of the 69%. Exceeding normal requirements by 66.7%.

It is useless for the rest of the people to object no matter how much they do. This is due to Newbijian’s precise positioning and persuasion, as well as the reputation of Chen Zhiwen’s capital in Hong Kong. For a normal stock investor, there is definitely still hope. If the company he invests in can operate normally, instead of being forced into debt, projects stagnating, and stock prices falling to a bargain price, people like Simon Keswick who want to compete for management rights will not care about temporary gains and losses.However, most of the people in this world are mortals, and everyone only looks at short-term interests.

"It's over." Newbijian also knew that his mission was over. Although the Jardine Group has not yet been acquired by Chen Zhiwen, if Chen Zhiwen wanted to, it would be a matter of time. And even if the acquisition was not made, the Keswick family would definitely stay. No more for him.

"It seems that the benefits Chen Zhiwen has given you are certainly not low." Simon Keswick said coldly.

"This has nothing to do with you. He is also a major shareholder of Jardine Land and has more shares than you. Who are you to comment?" Niubijian was too lazy to pay attention to the person in front of him. At 10 o'clock, they still have the nerve to keep saying that Yihe Land belongs to their family every day. This has nothing to do with today's matter. As early as many years ago, the two parties had many conflicts because of this.

If the Keswick family really has a large number of shares, then naturally he, a professional manager, can only work for others, but with only a few points, he still stands above him and bosses around every day, who can stand it?The contradiction has already existed.

"Everyone in Hong Kong knows which family Jardine belongs to," Simon Keswick said.

"The Wharf used to belong to Jardine Matheson? Is it useful?" Newbi said lazily: "I will ask Jardine Matheson Group again for a share expansion financing soon. Do you think Chen Zhiwen is not interested?"

"I object." Simon Keswick was really anxious.

"Yes, you have 10% of the voting rights, and you can vote against it later." After Newbijian finished speaking, he said to the shareholder group below: "Everyone, due to the economic crisis, Jardine Matheson and Co., Ltd. Overseas investments have also suffered certain losses, so this conference will also conduct a share expansion financing for Jardine Matheson. The capital requirement is about HK$10 billion. The investor is Hong Kong's Hutchison Whampoa Group. You can discuss this issue. vote.

Or is it the same rule? If you can get enough votes today, it will naturally pass, or if there are enough negative votes, then it will not pass. If you are in the middle, you need to wait a few more days before voting again?how? "

"Okay." Someone from the group below suddenly replied loudly, and it was not clear whether he sincerely agreed or had been prepared for it.

Simon Keswick looked livid, he indeed only had 10% of the voting rights.

"It seems that we are [-]% sure this time, and Yihe will also be defeated." Chen Zhiwen said with a smile as he saw many people downstairs voting in favor.

"Niubijian came to us. This help really saved us at least one billion Hong Kong dollars." Zhou Jiayang sighed at the side.

"That's true. A good undercover agent is very useful." Chen Zhiwen nodded. If Niubijian refused to surrender, it would be impossible to vote on whether to introduce Chen Zhiwen's capital at today's shareholders' meeting. This is 0 vs. 1 difference, otherwise we can only force the acquisition in the stock market.

Newbigan knows the information of most shareholders of Jardine Matheson Land, which is more important and saves a lot of cost and time.It is equivalent to when fighting in the past. Knowing all the information about the opponent's generals' previous fighting methods, firepower, and number of people, how can it be invincible?

"Then the next problem we need to face is Land's huge debt. Now that it's in our hands, it's a headache." Zhou Jiayang said with a smile. When he saw Land's bustle, he felt that the bigger the debt, the better. But now that it's in my own hands, it's going to be troublesome.

"Don't think too much. No matter what, Land will not consider selling properties to repay debts. However, some businesses can be considered for sale. For example, the food business of the dairy company would be good for Red Bull. I will let Red Bull work out a reasonable solution." Prices and other non-real estate businesses can also be operated in this way. Unless it is too expensive to sell now, otherwise the real estate business will only need to be retained." Chen Zhiwen said.

Although Red Bull's capital is certainly stronger than that of Milk International, its development time is short after all. In addition to Red Bull beverage itself, its foundation in the dairy and food fields is still too weak. To acquire a food company with a century-old history, even if this company will only be in Hong Kong in the long term. Having business in cities and a small number of Southeast Asian countries will also be greatly improved. The most important thing is that the culture is close and easy to integrate. This cannot be compared with acquiring foreign-funded food companies.

In addition to the functional drink market, other beverage and food markets have long been monopolized by established giants. Red Bull may have a chance to capture a small market, but it will not be able to get a bigger piece of the pie. The only opportunity to become bigger in the future is In the domestic market, the tastes and eating habits of Hong Kong and some Southeast Asian countries are also similar to those of the mainland.Of course, Southeast Asia will also be a good market in the future.

Land's main business is real estate, but over the years, it has begun to expand in different directions. Wellcome Supermarket a few years ago was one of them. If it hadn't encountered the expansion of PARKnSHOP, Hong Kong's retail market would have had its own space. .

As for Land's future positioning, Chen Zhiwen just hopes that it can be in real estate with peace of mind. Although rent collection is low-level, it is the most stable. Especially Hong Kong's real estate, the future growth rate will be very scary, even if the future growth of the mainland is not taken into account. How many investment opportunities are there? If you just look at Hong Kong, Land will be much stronger in its own hands than in the original history. Because in the original history, in the late 1980s, Land sold several buildings in Central and cashed out the funds and left Hong Kong. This can be said to be Land's The stinkiest move in history.

"As for the general manager of Land, who can arrange it better?" Zhou Jiayang asked again. Although he was responsible for the acquisition of Land and Hutchison Whampoa came forward to acquire a lot of funds, Chen Zhiwen had already said at the beginning of the acquisition that Land In the future, it will operate independently like Wharf.

"Let's choose from within us. A company like Land and Land has the same main business as Wharf. It's relatively simple and doesn't require people with strong abilities. It just needs to be steady." Chen Zhiwen said nonchalantly. The scale is big, but Land and Land are different from each other. Wharf's business is indeed simple, far behind Hutchison, let alone Midea and Red Bull, which need to compete in the global market.

For at least 10 years, there will be no big development opportunities for Land and Wharf in Hong Kong, because the scale of the two companies has basically reached the upper limit of the Hong Kong market, and it is impossible to grow several times in size even if they expand. In this regard, Hutchison Whampoa in Hong Kong The real estate business is actually similar.

Of course, it is not impossible to invest a lot of capital, but if you do this, your reputation in the future will not be good. Although the Hong Kong real estate market is highly profitable, as a time traveler, there are many other places that you know about, and here in Hong Kong , the current scale is already very large, there is no need to continue to spend money desperately, let’s talk about the real estate market, with Land, Wharf and the large amount of land hoarded by Hutchison Whampoa, the area is definitely several times that of Hong Kong No. 2, and the average The value is very high. If he continues to desperately buy land, he will be blamed for the high housing prices in Hong Kong in the future. It is better to invest in a large number of other real estate companies with capital. These real estate companies can become bigger and have great capabilities. Strong, it is more convenient to let these people make money for themselves.

As for the mainland market, it will definitely have to be at least the late 90s before it can accommodate the large investment of Hong Kong capital. The real scale may not be until the 21st century, which is still early.

"Okay, let's pick some suitable ones with a few others and give them to you, Chen Sheng." Zhou Jiayang nodded and said.

"The voting results of Yihe are out?" Chen Zhiwen said while looking at the actions of the people below.

"Didn't get enough votes? It seems that Newbijian's guess is good. Compared with Land, the Keswick family has greater influence on Jardine Matheson shareholders." Zhou Jiayang said after looking at the data released below. .

Jardine cannot be said to have lost this financing vote, but including its own shares, it only received 36% of the votes in favor. In other words, after deducting the 35% controlled by Land, it is equivalent to getting Although 55% of the votes are in favor, it is more than 50%, but it cannot be said to be an absolute victory, because once the remaining groups gather 33.4% of the opposition votes, it will be a veto.

"It's just temporary. We will work harder in the next few days and convince more people." Chen Zhiwen smiled and said: "Even if it doesn't work, as long as the land is obtained, we will privatize the land. Once it is privatized, If it succeeds, Yihe Mutual Holdings will cease to exist. Then, 35% of the shares held by Land Holdings will have voting rights. At that time, Yihe will also belong to us."

"Sheng Chen, do you want to privatize Land?" Zhou Jiayang was a little surprised. After the previous acquisition of Wharf, Chen Zhiwen did not privatize it. In terms of value, Harbor City is actually not lower than several Central buildings of Land.

"Yes, I have this plan." Chen Zhiwen nodded and said: "In the past, the Wharf acquisition made the stock price go up to the sky, and the cost of privatization will be very high later. After that, it has been stable, and there are many opportunities in overseas markets. This The matter was settled as it was, now that Wharf is considered stable, there is no need to privatize it anymore.

Real Estate, I would also like to thank Niubijian for allowing us to avoid forced acquisition and the stock price has not increased. At this time, it is the easiest and lowest cost for me to privatize directly. Otherwise, it may be difficult to wait a year later. "

The upper limit of Wharf is still very low. Historically, Wharf has been operated by the Bao family and then Bao Yugang's son-in-law Wu family for decades. The core business is still Harbor City and Times Square, and the rest is Although the several buildings built in China may be different in his own hands, since it is a listed company and more than half of the equity is in the hands of outsiders, it is naturally impossible for him to invest fully. At most, he can give some benefits and some smaller opportunities.

The biggest opportunity is naturally for his own wholly-owned company, Hutchison Whampoa is one of them, but he cannot give it all to Hutchison. Chen Zhiwen needs another wholly-owned company with relatively strong capital and strong foundation to diversify his investment. , which is equivalent to diversification. After all, even if you have a golden finger, you can only give a few opportunities. Others still have to rely on the company itself.

Land is the most suitable target. Once privatized, he can not only enjoy Land's dozen buildings in Central, Hong Kong, but also Land's previous expansion of property land in various parts of Hong Kong.Although these expansions are the root cause of the debt crisis of the previous land, in just a few years, these are the sources of huge profits.

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(End of this chapter)