Chapter 515: Keswick's Pressure
After Li Guangyu sent Bao Yugang and others away, he asked Gan Qin to inform Zhou Liang Shuyi and Liu Tianci to come to his office to make arrangements for the next report.
For more than a month, the competition between Wellcome, Hengyu and Watsons did not mean to stop at all, and the small shareholders on Hutchison's side made a fuss, and Henry Keswick's side was not comfortable.
Some shareholders of Jardine Matheson Holding Group are quite dissatisfied with Wellcome's operation, which has continued to make no money, which makes them who hold that if they don't make a profit, they will lose money, and Henry Keswick will put pressure on them.
In fact, they themselves understand quite well that if Wellcome Supermarket does not want to go out of business, they must continue to keep up, but they don't care about this at this time, they just invest and make money.
Now the situation of Wellcome Supermarket is very clear, and the Li consortium wants to drag Wellcome all the time in this regard, so that Wellcome is in a dilemma.
Some of them even suspect that Wellcome is not the ultimate goal of the Li consortium at all, and the Lee consortium is estimated to be dragging Wellcome back now, causing problems with the funds of the Jardine Group, and dealing a fatal blow to the Jardine Group when the opportunity comes.
Henry Keswick had long known that these small shareholders would definitely not be satisfied if Wellcome Supermarket dragged on like this, and he had planned to come for three months, but now he couldn't hold it back.
He himself has received some news that some shareholders on Hutchison Whampoa are not satisfied, and he plans to wait for a while to communicate with them about the supermarket retail market, work with those shareholders, and negotiate with Lee Guangyu to end this situation.
It's just that I didn't expect Li Ka-shing and Li Guangyu to be ruthless enough, and those shareholders were not happy, and several of their jointly established investment companies directly bought the shares in the hands of these shareholders at a two-tier premium according to the market price.
In the face of Li Ka-shing and Li Guangyu's strength, those small shareholders could only obediently give up their shares in the end. They can't help it themselves, they can't withstand the suppression of the Li consortium and several major families, and the Xiangjiang Zhonghua Investment Company has a two-tier premium, which has already given them enough profits.
So much so that now Cheung Kong Group, Li Ka-shing, Li Guangyu and Heung Kong Zhonghua Investment Company hold more than 70% of the shares, and no one on the board of directors of Hutchison Whampoa can influence Li Ka-shing's decision.
In fact, what Henry Keswick didn't know was that Li Guangyu's several major funds secretly held 12.5% of the shares of Hutchison Whampoa, and he personally held a total of 20% of Hutchison Whampoa shares.
Henry Keswick himself wants to be able to buy back the shares of these dissenting shareholders, but unfortunately he does not have so much money at the moment.
Henry Keswick said: "Ladies and gentlemen, we have been working together very happily, the development of Jardine Matheson over the years is obvious to all, you have also gained huge benefits during your investment in Jardine Matheson, this time the problem of Wellcome supermarkets is not provoked by us, if we don't follow up, now those small and medium-sized supermarkets that are closed down are the end of our Wellcome." ”
One shareholder said: "Keswick, our family has been working with you for decades. At the Heung Kong retail market this time, I don't see Wellcome having any chance of winning. Our hope of dragging Watsons and Hengyu Supermarket Group to death in this way is almost nil. Why don't we cut through the mess quickly, complete the supermarket inventory as soon as possible, and turn these stores to other uses, so that we can reap higher profits. ”
At this time, Henry Keswick was absolutely unwilling to admit defeat and withdraw from the Hong Kong retail market. He knew very well that he had made concessions on Wellcome this time, and the Li consortium would target other industrial companies in his hands.
Step by step, step by step, in the end, Jardine Matheson is afraid that it will end up like Wheelock and Hutchison Whampoa, and will finally be packaged and acquired by the Chinese family.
Henry Keswick said: "I know what some of you think, but now we are all grasshoppers on the same rope, and once Jardine falls, your life will not be easy. Wellcome Supermarket is just not profitable now, and our other groups still have good benefits, and I hope that everyone can support my average booking, and Wellcome will not be able to fall down. ”
These shareholders are not Chinese families, they are aware of the attitude of the Li consortium and some Chinese-funded families, and they regard Xiangjiang as their own territory, and do not allow other families and forces to get involved in the market in Xiangjiang.
The Li consortium has been suppressing the British-funded consortium, and Zheng Yutong and these people have taken action against the old Kadoorie family, and they obviously want to expel the forces of Xiangjiang who are not Chinese families.
However, these shareholders also have their own small calculations in their hearts, they can't see how Hong Kong will develop in the future, they prefer to get the profits in their hands, once something happens here, they can also return to their homeland, or go to other Commonwealth countries to develop.
If it weren't for the signs of recovery in the Xiangjiang stock market now, some people would even have plans to transfer their shares. Now the Xiangjiang Hang Seng Index is slowly climbing up from the lowest point of more than 600 last year, and now it has come to a position of more than 800 points, and the market value of several listed companies of Jardine Matheson has also recovered.
One shareholder said: "Keswick, when do you think this dispute in the Hong Kong retail industry will end, and what's the point of dragging it out like this, we can't be acting as free porters." ”
Henry Keswick said: "This is not the end of the matter that I can count if I say it, now the three major supermarkets are like this, we Wellcome do not make money, Watsons and Hengyu Supermarket Group are even more so." I don't want to see this situation continue, but the Lee consortium doesn't stop doing this, and we at Wellcome must follow. ”
These shareholders are even more dissatisfied when they hear this, which means that their investments are not profitable at all, and they are not willing to continue like this because their funds are locked in it.
One shareholder said: "Keswick, we're giving you a month to hope you can end this situation or come up with a plan to deal with Wellcome." If things don't turn around, we won't rule out the possibility of transferring our shares. ”
The two shares of the Henry Keswick family and his cousin the Jardine family are enough to control the Jardine Group, but he still does not like these shareholders to sell their shares, once these shares enter the market, it will be a very big blow to Jardine Matheson.
And he is very worried that the Li consortium will come to stir up the trouble, just look at Swire Pacific Co., Ltd., you can know that after Li Guangyu becomes the second largest shareholder, many things in Swire Co., Ltd. will be affected by the Li consortium.
Henry Keswick said: "Please be patient with Jardine Matheson, you must see that the Hong Kong stock market is recovering, and selling your shares at this time will be very costly to you." At the same time, I will also find a way to communicate with the Lee consortium in the retail market and try to end this situation as soon as possible. ”
The major shareholders are now reluctant to just transfer their shares, and they are hoping that the Hang Seng Index will once again reach its highest point in early July last year.
At this time, the transfer of shares is just to make Henry Keswick pay attention, and if Wellcome doesn't work, it will end early, so that they can invest their money elsewhere.
Wonderful Book House