After chatting with Brother Wu for a long time, Su Cheng left the training base.
Next, he only needs to wait for the intelligence news from Brother Wu.
Two days later, on March 28, Su Cheng received a call from Brother Wu. Some of the information had been almost checked, and the information would be sent to Su Cheng first.
Of course, Su Cheng has no objection to this. After all, there are so many families to talk about, and Su Cheng cannot complete the talks at once, but to talk about them one by one.
It would be better to negotiate it earlier, in case someone else takes a fancy to him in advance. Although he has nothing to lose, Su City needs it very much. If he doesn't get it, his mood will not be so good.
In the study room at home, Su Cheng used the fax machine to talk to Brother Wu again, and a piece of information was quickly sent over via the fax machine.
After getting this information, Su Cheng sat on the chair in the study and read it.
In the information that Brother Wu sent him, the information that has been found includes Jardine Matheson Company, Land Company, Swire Company, and Wheelock Company. As for the situation of other companies, it has not been checked yet. clear.
However, this is enough for Su City to discuss matters with three properties.
The property I want to acquire the most is naturally the piece of land acquired through a joint venture between Jardine Matheson Company and Land Company. This piece of land is worth more than HK$2 billion. It has an excellent geographical location. As long as it is acquired, If a super high-rise building is built there, it will definitely occupy the C position of the Xiangjiang city skyline.
Although the headquarters of industries such as So Group and Hutchison Whampoa Group will move to Tseung Kwan O in the future, Su City does not mind building a super high-rise building in Central. After it is built, it will rely on rent. In the future, he will be able to make a lot of money.
This piece of land is located in a prime location in Xiangjiang, with convenient transportation and unparalleled appeal. Once completed, it will surely attract many large international and local institutions to become long-term tenants.
This is a long-term investment, not a short-term investment, and Suzhou City does not expect to recover the cost in a short period of time.
To build such a building, it would cost at least several billion Hong Kong dollars.
The initial land investment will cost more than 2 billion. Later, there will be an entire building waiting to be funded, which will cost several billion Hong Kong dollars!
Building a landmark building is not easy, but Su Cheng doesn't care. Anyway, he has a lot of money now, and the funds are used for investment, not deposited in the bank, which is a complete waste.
Brother Wu helped Sioux City investigate a lot of information. Among them, the information on Jardine Matheson Company and Land Company took three pages to explain clearly.
After reading it, Su Cheng was overjoyed.
Brother Wu really did not disappoint him.
Both Jardine and Land are indeed experiencing difficulties at present, otherwise they would not sell off this super beautiful piece of land that they finally captured.
All of this has a lot to do with the fact that Jardine and Land joined forces to compete with Charter King for Wharf.
At that time, in order to prevent Wharf from being snatched away by the charter king, Jardine and Land continued to increase their stakes at all costs, just to maintain their status as the major shareholder of Wharf and thus not lose the right to have a say in Wharf.
The two companies invested more than HK$3 billion at that time.
Given the current situation of Jardine Matheson and Land Group, it was naturally impossible to obtain much liquidity.
A large part of this money is short-term loans borrowed from Standard Chartered Bank.
Given the current situation of Jardine Matheson and Land, it was impossible for Standard Chartered Bank to lend them so much funds.
Banks will assess risks for companies. No matter how big the company is, if the risk is high, they will not be able to lend large amounts of funds.
Big banks such as Hutchison Whampoa, one of the four major foreign banks, will frequently change owners due to serious losses, and Jardine Matheson is naturally the same.
So, in order to successfully obtain loans, the two foreign banks did not hesitate to sign many unfavorable agreements with banks. For example, if the due repayment was not paid, they would directly use stocks as collateral, and The stock is not traded at the market price, but at the lowest stock price in the past year. This is why Jardine Matheson and Land Group are now so eager to sell this land.
If the equivalent shares of Jardine Matheson and Land Group are really mortgaged to Standard Chartered Bank, the Keswick family, the actual controllers behind Jardine Matheson and Land Group, will definitely lose control of Jardine Matheson and Land Group.
There is no way the Keswick family would let this happen.
Therefore, the easiest way is to cut off certain assets and exchange money for repayment.
In addition, Jardine Matheson’s equity control over Land Group is getting lower and lower. Jardine Matheson itself has lost control of Wharf Group, which is already a traumatic matter for Jardine Matheson.
If the Keswick family loses control of the Land Group again, they will only have half their life left.
In addition, the financial statements of Jardine Matheson last year were not good-looking. Although the turnover was nearly 10 billion Hong Kong dollars, the profit was actually negative, and it was still negative 12.8%.
In other words, they actually lost nearly one billion Hong Kong dollars last year.
The biggest reason is caused by investment failure.
The market conditions in the entire world are not very good, and it is normal for them to lose money.
Normal is normal. Jardine Matheson often continues to invest heavily and fails to do what it can. This is the biggest reason why they are facing difficulties.
If Jardine could develop in a low-key manner and do everything within its capabilities like CLP Power Company, there would never be such a huge loss.
Of course, even if the China Electric Power Company, which has been developing in a low-key manner, is targeted by Sioux City, it will have to shed a layer of its skin.
At the same time, the information also stated that the Real Estate Group's real estate investment in Singapore at the beginning of this year suffered a major blow. It invested more than one billion Hong Kong dollars to auction the land. When building the foundation, There was a serious subsidence.
Originally, Land planned to build a skyscraper on this land. Now, due to geological reasons, even if the foundation is deeper, it cannot build a building more than 50 meters high. In other words, the real value of this land is The value has been greatly reduced.
Putting down the information, Su Cheng couldn't help but smile.
Now, if Jardine Matheson and Land Group still can't figure it out, then he will get this information in vain.
Must be killed.
Of course, Su Cheng also knew that this knife should not be too severe.
After all, the location of this piece of land is really good. If Jardine Matheson really wants to sell it, it will sell it for HK$2 billion. It will definitely be a hot commodity.
He learned that there were more than a dozen consortiums participating in the bidding for this piece of land.
In the end, it was Jardine United Land that spent a lot of money to win it.
So, there are actually many consortiums interested in this land, but the price is an issue.
The original price is definitely not wanted by anyone, but if it is reduced by a few hundred million, it will definitely be snapped up.
Therefore, the strength of the knife's cutting must be controlled well.
Su Cheng has not yet decided how much to cut. When the time comes to meet with Twisted Bijian, he will just adapt to the situation. (End of chapter)