210 Battle for Hutchison Whampoa (19)

On Hong Kong Island, in a hotel suite:

"Xu Sheng, you didn't ask the two of us over just for tea, right?" said John Madden with a smile.

Xu Zhidao: "The two of you should understand the purpose of this meeting, I just hope that at the next Hutchison board meeting, the two of you can stand on the side of the victorious!"

Michael Kadoorie smiled and said: "Xu Sheng, we are just making a choice for the future development of Hutchison, besides, doesn't Xu Sheng have enough equity to veto it? What do you need to ask the opinions of the two of us? Or is it true that the rumors in Xu Sheng's hands are already insufficient?"

John Madden continued: "How is it possible? Xu Sheng has taken over Li Jiacheng's shares, how can I say that the equity is also more than 40%!"

Seeing that the two in front of him almost sang a double reed, Xu Zhi sneered: "So the two of you are really preparing to go all the way to the dark?"

Michael Kadoorie did not panic at all and said, "Why, is the voting of the directors also threatened?"

"I don't dare to say it, I don't know what benefits Wei Li or Li Jiacheng and others have given you, but I can show you one thing first. Xu Zhi handed over a document.

John and Michael glanced at each other, and were immediately surprised, and Michael said: "I can't imagine that Xu Sheng's financial resources are so strong, and he can get a loan line of 500 million US dollars from an international bank, I really admire! Isn't this money Xu Sheng is going to take out to privatize Hutchison? Then this certificate should also be given to Wei Li? Show us if you still want to lend us the money?"

Xu Zhidao: "Don't say these useless, I won't say how many Hutchison stocks I have, but everyone knows that although I don't want to bear some small notoriety, but compared to the importance of Hutchison Whampoa, a little reputation is nothing at all, and when the truth is revealed in the end, the situation will be different."

If I'm not feeling well because of someone, I'll pay him back tenfold, so I want you two to think about it a little bit more clearly, what should I do?"

Michael Kadoorie snorted coldly: "Xu Sheng, although you are rich, our major families will not be afraid of anyone. ”

"Mr. Kadoorie is so confident, it seems that CLP Power and Grand Hotel Group have made good profits over the years!" Xu Zhi said with a smile: "Do you two know what my real purpose of acquiring Hutchison Whampoa is?"

John Madden frowned and said, "What is the purpose of acquiring a company?"

"When it comes to the ability to make money, my electronics company is much stronger than Hutchison, and I value Hutchison because as one of the Big Four foreign firms, Hutchison has enough influence and talent to be driven by my career. Xu Zhi chuckled and said: "But this kind of thing doesn't have to be Hutchison, such as the Grand Hotel or China Power Company, it is also a good choice!"

"What do you mean?" said Kadoorie angrily, hearing the threat.

Xu Zhidao: "That's what it means, if I don't get Hutchison, Grand Hotel Group and CLP Power will be my next target." ”

After speaking, Xu Zhi took back the credit line voucher on the table and said: "500 million US dollars, I think it should be enough!

"You ......" Michael Kadoorie was furious, but quickly calmed down and said, "What do you want?"

"It's very simple, just do what I ask you to do. Xu Zhi said with a smile.

Michael Kadoorie said, "Do you want to privatize Hutchison?"

Xu Zhi shook his head and said: "Of course not, I want you to veto the financing of Xinong Group, and at the same time, you must also veto the comprehensive privatization I proposed!"

Michael Kadao thought for a moment, nodded and said, "Okay, but you have to promise me one thing." ”

"Tell me about it?" Xu Zhi said.

Michael Kadoorie said: "I'll help you this time, but I need a promise that our family's company, Xu Sheng, you or your company, will not be hostile takeovers. ”

"Can't do it. Xu Zhi said: "If I agree to your condition, and you will do it with me on the board of directors in the future, then I won't have to stare at me?"

Michael Kadoorie snorted coldly: "Xu Sheng will be able to control Hutchison in the future, and he still cares about me, a small director?"

"Three years!" Xu Zhi opened three fingers and said: "I can promise you that you will not maliciously acquire your company in three years, you can find a way to increase your equity in these three years, if you can get enough shares, don't say me, no one will propose to buy, flies don't bite seamless eggs, you need to be hard to strike iron, you can do it yourself!"

The Kadoorie family will be known as one of the top ten families in Hong Kong in the future, and its core assets are CLP Power and Grand Hotel Group.

Compared to diversified companies like Hutchison Whampoa, CLP Power's company is simple, its main business is power generation, and in Heungjiang, there are two companies that have a monopoly on electricity.

Heung Kong Electric Company monopolized Hong Kong Island, while CLP Power monopolized all other places, although Hong Kong Island is economically developed, but after all, the area is small, and the various factories of large electricity consumers are in Kowloon and the New Territories and other places, after entering the 70s, CLP Power's income surpassed that of HK Electric Group, although the business is single, but there are no competitors, CLP's profits are far greater than HK Electric Group.

The Grand Hotel Group is not only one hotel, but includes The Peninsula Hotel in Tsim Sha Tsui, Kowloon Hotel, Hong Kong Island Repulse Bay Studio, St. John's Building in Central, Peak Tram Company, and several four-star hotels in the United States, and its Peninsula Hotel is one of the top hotels in the world, and its assets are also exceptionally good.

However, these two companies are not the best time to acquire, forced acquisition may be successful, but it is easy to cost too much, especially next year the peak of real estate is about to arrive, the stock market will also fall into a frenzy, this period of forced acquisition of this kind of company, can only spend a lot of money in vain.

Michael Jiadao thought for a while, nodded and said, "Okay, deal." ”

"That's the right choice. Xu Zhi smiled with satisfaction, looked at John Madden again, and said, "What does Mr. Madden think?"

John smiled and asked, "What, if I don't agree, Xu Sheng is also ready to forcibly buy Wheelock?"

"Wheelock, I'm not interested, you just beg me to buy me, I don't want it!" Xu Zhi shook his head and smiled.

In fact, as early as 1976, John was ready to sell his Wheelock shares, and the companies he intended to acquire included Hongkong Land, Hutchison, Swire and some Chinese-funded companies, but in the end, due to various reasons, there was no final transaction.

John's face suddenly became very ugly, and he said, "What do you mean by Xu Sheng?"

"It's not interesting, I'm just not interested in shipping!" Xu Zhi didn't explain much, just said lightly.

John snorted coldly and said, "Then what idea do you want to fight?"

Xu Zhidao: "I heard that Wheelock is interested in selling the International Building and the Federal Building, and I am somewhat interested in this matter!"

Wheelock's core business has always been shipping, but as one of the four oldest foreign companies in Hong Kong, it also owns a large number of properties in Hong Kong, and in Central, Wheelock owns two buildings, federal and international, of which the federal building was built in 1964 and was the tallest building in Hong Kong for three years.

After the failure of the sale of Wheelock Company, out of doubts about the future prospects of Hong Kong, the Madden family made the opposite decision to the ship king Bao Yugang - to abandon Lu Dengzhou!

At a time when housing prices in Hong Kong have skyrocketed in recent years, Wheelock began to sell a large number of properties in Hong Kong, or the land owned by the Development Group, to obtain funds to actively develop the shipping industry, implement the strategic transfer of assets, order freighters around the world, and buy a lot of ships wrapped in Yugang.

And if history had not been interfered with, in 1980, that is, next year, Li Jiacheng formed a joint venture company to buy two federal and international buildings for 1,000.89 million Hong Kong dollars, but half a year later, the house price skyrocketed, and it was sold for 2.235 billion Hong Kong dollars, and Comrade Li made a net profit of 600 million Hong Kong dollars.

This kind of good thing, how can it be cheap Li Jiacheng!