Through Governor Youde, Sioux City negotiated with them the sale of Jardine Matheson Group.
He is not very possessive about the company Jardine Matheson Group.
Being able to sell it for 20 billion Hong Kong dollars really made him a huge profit.
Without Land Group, the value of Jardine Matheson Group itself has been greatly reduced.
Being able to earn 20 billion Hong Kong dollars was something Su Cheng never expected.
It's rare that these British people were so generous in giving him so much money. It's really rare!
Thus, three days later, Su Cheng and these British representatives signed a share transfer contract at the headquarters of Jardine Matheson Group.
The 49.9% stake was finally acquired by an acquisition team composed of more than 30 British-funded consortium members.
They formed a temporary acquisition consortium and the funds have been raised.
How they divide the shares, Su Cheng can't control that much. He only needs to get the 20 billion Hong Kong dollars from Jardine Matheson Group, which is enough.
Therefore, after selling the shares to them, Sioux City also received HK$20 billion in funds.
Subsequently, the British-funded consortium quickly held a press conference that caused a sensation in Hong Kong.
They used 20 billion Hong Kong dollars to successfully regain the controlling stake of the British-funded conglomerate Jardine Matheson Group, and regained the last glory of the British-funded consortium.
However, the public’s focus is not on the return of the Jardine Matheson Group to the British consortium, but on the 20 billion Hong Kong dollars!
Twenty billion, what an exaggerated figure, even they can't imagine. This is definitely the largest transaction in the history of Xiangjiang.
The previous Wharf transactions ended up being only a few billion Hong Kong dollars.
Today, Jardine Matheson only holds 49.9% of the shares, and the transaction price is HK$20 billion, making history!
Ma Shiming, who has only served as the executive director of Jardine Matheson Group for a short time, has no choice but to step down.
However, Su City has already made arrangements for him, that is, to serve as the executive director of the Land Group.
Compared with Jardine Matheson Group, although Land Group does not seem to be so diversified, its strength is not inferior to Jardine Matheson Group.
Even from the perspective of Suzhou City, the prospects of Jardine Matheson Group can be seen at a glance. The prospects of Land Group will continue to rise with the recovery of the property market in Xiangjiang. Its market value will surpass that of Jardine Matheson Group. It will not take long before it can even compete with Jardine Matheson Group in the future. The group distanced themselves.
This transaction has an impact that even affects the whole world.
Business newspapers in beautiful countries, Japan and other countries have reprinted the reports.
20 billion Hong Kong dollars, this amount of money is unimaginable.
Some media even called this deal the deal of the century!
On the British side, the media were all inflated. They believed that this was a symbol of the rise of the British-funded consortium after the decline of Hong Kong.
In the past six months, many British media outlets criticized the British in Hong Kong for their incompetence because of the acquisitions of Jardine Matheson and Land.
Now, in their eyes, they have finally come back.
However, the media in some countries do not think so. Many media even asked a sentence in the newspaper: "Spending 20 billion Hong Kong dollars to acquire 49.9% of the shares of Jardine Matheson Group is a worthwhile transaction." "
These media continue to analyze the situation of Jardine Matheson Group and almost dig out all its past.
The final answer is obviously, it’s not worth it, even far from worth it!
In this battle, the British-funded consortium regained the controlling stake of Jardine Matheson Group, a large British-funded bank, with lightning speed. It seemed to be a success. The British media believed that the British-funded consortium had fought a good and successful fight. A clean takeover battle of the century.
However, these are just self-pleasure songs after all. Although the British consortium finally took back the controlling stake of Jardine Matheson Group, the price paid was too high.
Although Sioux City lost the Jardine Matheson Group, it made more than 10 billion Hong Kong dollars for it. This is simply killing the British-funded consortium as a fat sheep.
Therefore, these media all feel that the British consortium's apparent victory can only be regarded as a "miserable victory."
According to the estimates of some experts, the current market value of the Jardine Matheson Group is at most more than 10 billion Hong Kong dollars. However, the price of the transaction between Sioux City and the British-funded consortium has raised the assessed price of the Jardine Matheson Group to 40 billion Hong Kong dollars. It is obviously a huge increase. The valuation of Jardine Matheson Group has been greatly increased, which is obviously very false.
“British-funded consortium wins at a loss, Su Cheng breaks his wrist with laughter!” This is the headline of Hong Kong’s Ta Kung Pao.
The meaning of the title is obvious. Although the British consortium won, the price paid was too great, far exceeding the actual value of the Jardine Group. It has obviously become a fat and big fish in water. .
Although Sioux City lost the Jardine Matheson Group, the controlling stake of Kejia Land Group was retained and it made huge profits of more than 10 billion Hong Kong dollars. Obviously, this transaction in Sioux City was Both sensible and cost-effective.
This vigorous battle for the Jardine Group lasted for nearly a year and finally came to an end like this.
The British-funded consortium seemed so unwilling to accept the demise of the British-funded enterprise. This transaction was nothing more than an act of embarrassment by the British-funded consortium.
After completing the transaction, the matter did not end there.
Because, the British consortium also made a request.
That is to use the shares held by Land Group and Jardine Matheson Group in exchange.
These British-funded consortiums are afraid that Su City will use the shares of Jardine Matheson Group controlled by Land Group to secretly find ways to control Jardine Matheson Group again.
After all, although the controlling stake of Jardine Matheson Group is now back, the shares are distributed in the hands of dozens of investors.
Once some people want to secretly sell their shares to Su City, wouldn’t they fall short?
Previously, although Sioux City used its status as the absolute controlling shareholder to acquire each other's shares from Jardine Matheson Group and Land Group, increasing Sioux City's own shares to 49.9%.
Even so, Jardine Matheson Group and Land Group still have a lot of shares in each other.
So, in order to eliminate the idea of Su Cheng controlling Jardine Matheson Group again, they came up with this method.
It can be said that these British-funded consortiums are really afraid of Su City.
In this regard, Su Cheng also happily agreed. As for how to exchange the shares, after discussion and with everyone's unanimous consent, a price was finally negotiated that was acceptable to both parties.
To put it simply, in stock exchange, the extra shares will be replaced with money.
At this time, after more than a month of negotiation, everyone finally reached an agreement.
Su City asked Ma Shiming to be responsible for the negotiation of this matter throughout the entire process. Of course, the final transaction price of the negotiation was also recognized by Su City.
At this point, Jardine Matheson Group no longer has any equity interests in Land Group.
The Land Group no longer has any equity in Jardine Matheson Group.
From now on, there has been no relationship between the two groups.
The shares after the exchange were sold to the secondary market by the Land Group, bringing back a large amount of funds to the Land Group. These funds were enough for the Land Group to cope with the real estate crisis.
In addition, Land Group’s shares were sold by a large number of British-funded consortiums.
In their view, Land Group is no longer a British-owned enterprise. If they continue to hold it, there are too many uncertainties. It is better to sell it when the stock price of Land Group is relatively high. Su Cheng also watched this scene happily.
As a result, it didn’t take long for most of the shareholders of Land Group to become Chinese.
Many Chinese business tycoons took the opportunity to take over the Land shares of these British shareholders, such as Li Ka-shing, Pao Yugang, Cheng Yutong, etc. They more or less held a part of the Land Group shares. .
Su Cheng doesn’t care about this.
He has no intention of privatizing Land Group.
Now he holds 49.9% of the shares, which makes him very satisfied. With his shares, it is impossible for anyone to take away the controlling stake of Land Group from him.
In other words, after he took control of the Land Group, he didn't really care who the other shareholders of the Land Group were.
Of course, he would prefer that all these shareholders become Chinese. It is better to deal with the Chinese than with the British.
After the complete settlement of the matter between Jardine Matheson Group and Land Group, Land Group has been completely under the management of Sioux City.
Therefore, Sioux City allocated a part of the area at the Tseung Kwan O headquarters base to the Land Group to become its group headquarters.
Although Sioux City has not completely privatized Land Group, it is already a holding company, which means that the company also belongs to him. It will move its headquarters to the Tseung Kwan O headquarters base. Naturally it will be better.
Like Hong Kong Electric Group, Sioux City’s controlling stake in it is also not 100%. However, Sioux City also moved the headquarters of Hong Kong Electric Group to the Tseung Kwan O headquarters base, which is also beneficial to it and other Sioux City subsidiaries. Enterprise cooperation and mutual benefit sharing of resources.
However, before moving to the Tseung Kwan O headquarters base, Suzhou City asked Ma Shiming to change the middle and senior management of the Land Group headquarters.
Most of the middle and senior management of the original Land Group were members of the British-funded consortium. Now that Land has become a company in Sioux City, it is naturally impossible for them to continue to stay within the Land Group and become a British-funded consortium. eyeliner.
After the successful relocation of the headquarters, Land Group can be regarded as a company that completely belongs to Sioux City.
In the blink of an eye, time entered 1983.
The Su family once again received good news. Zhong Chuhong and Gillian were pregnant again.
On the other hand, Ami has no intention of having another baby, because Ami thinks that having a son is enough.
Sioux City naturally doesn't care about this.
At the same time, there is good news, that is, Guan Jiahui took the initiative to accept the fact that Su Cheng had another woman and asked Su Cheng to take her back to the Su family villa.
Originally, Su Cheng planned to wait until she graduated before making this decision. Since she took the initiative, Su Cheng would naturally not refuse.
So, Su Cheng took Guan Jiahui back to the Su family villa in Tseung Kwan O, and introduced Guan Jiahui to Zhong Chuhong, Gillian and Amei.
What Su Cheng didn't expect was that they quickly became known as sisters. Although they didn't know what they were thinking, on the surface, they got along very harmoniously.
Su Cheng is already very satisfied with this.
After learning that the three women all had Su Cheng's children, Guan Jiahui also made noises about having a baby for Su Cheng.
However, Guan Jiahui has not graduated from college yet, and it is obviously not suitable to have a baby, so he persuaded her to wait until after graduation. In the end, Guan Jiahui could only agree sadly.
The Su family villa is big enough, even if there are ten or eight more hostesses, there will be no problem at all, so the addition of Guan Jiahui will not have any impact.
Originally, Su Cheng planned to give them a wedding, and becoming a Haojiang person also had this purpose.
However, he gave up this plan later. In fact, what is the difference between getting married and not getting married.
Even if you get married, if you can't get along, you will still get divorced.
It is better to maintain the current situation.
……
Xiangjiang’s real estate industry began to collapse across the board starting in September last year.
This time, the decline was even more exaggerated than in Sioux City’s previous life, with a maximum drop of 80%.
At this moment, Su City uses Tianqi Property Company, as well as companies under Su Group, Hutchison Whampoa Group, Hong Kong Electric Group, Land Group, Tianwen Petroleum Company, Tianqiong Semiconductor Company, etc., to control a large number of properties and land in Xiangjiang.
In recent years, these groups and companies have held a large amount of funds. In addition to transferring part of the funds to Tianyuan Investment Company in Suzhou to continue acquiring well-known foreign listed companies, most of the funds are actually All remains in the company's account, allowing the company to expand and invest.
After all, the company belongs to him. Only by continuing to hold these funds can the company continue to invest to the maximum extent.
This crisis will last until 1984, and Sioux City knows it.
This crisis has also made many British-funded consortiums more worried about the future of Xiangjiang, and they have continued to withdraw investment from Xiangjiang.
Even Jardine Matheson Group and Huifeng Group have increased their overseas investments.
After the British-funded consortium took back the controlling stake of the Jardine Matheson Group, it began to invest aggressively in the United Kingdom, Singapore, and the United States. On the contrary, the investment intensity in Xiangjiang continued to decline.
As a result, the influence of Chinese capital in Hong Kong is getting bigger and bigger, while the influence of British capital is getting smaller and smaller.
Through this real estate crisis, Chinese-funded enterprises have completely escaped from being on an equal footing with Chinese-funded enterprises, allowing Chinese-funded enterprises to take the lead by a large margin.
Although Jardine Matheson Group and Huifeng Group are still Hong Kong companies today, they have already had the idea of moving their headquarters back to the UK.
The negotiation last year made it impossible for these British people to see the future of Hong Kong. They could not see it at all.
So, for them, moving their headquarters back to the UK is the wisest choice.
However, the shareholders of Huifeng Group have no idea that Su City has been planning for Huifeng Group for several years.
Every year, Su Cheng’s equity in Huifeng Group increases by one step.
After three or four years of planning, he now holds more than 20% of the shares of Huifeng Group.
However, Su Cheng was not satisfied, he wanted to hold more shares.
The acquisition of Huifeng Group shares has always been an important business of Tianyuan Investment Company. As long as there is an opportunity, it is not considered an acquisition.
To this end, Sioux City has invested more than 10 billion Hong Kong dollars in Huifeng Group.
However, this is far from enough!
More than 30% is Su City’s goal!
Today, the total value of Huifeng Group's shares has exceeded 100 billion, and the Huifeng Group shares held by Su Cheng are even worth nearly 30 billion Hong Kong dollars.
However, this is all being done in secret.
Absorbing the shares of Huifeng Group is a protracted battle. (End of this chapter)