MTL - Reborn Capital Tycoon-Chapter 253 Jardine disadvantages
Chapter 253 Jardine Disadvantages
Niu Bijian was worried about Henry. Keswick's concern.
In this world, the most indispensable thing is people who fall into the stone.
Jardine Matheson has been dominating Xiangjiang for so many years, and has far more enemies than friends, and many of them can even be called life and death enemies.
Those people alone are nothing, but once gathered together, they are a terrifying force, and even Jardine Matheson has to deal with it carefully.
What's more, the six major banks are taking the lead this time.
Thinking of this, Henry. Keswick immediately ordered: "Notify all the company's senior management immediately, and go to the conference room for a meeting in half an hour. At the same time, let people contact the company's directors, and ask them to come to the extraordinary board meeting in the afternoon."
Henry. Keswick is not an indecisive person, and he will not sit still. The most important thing now is to convene high-level meetings to find a way, and then win the support of shareholders through board meetings.
Niu Bijian nodded when he heard the order, then turned and left the office. This time the situation was a bit serious. As the general manager of Jardine, he didn't discover the problem immediately, so he had to bear part of the responsibility.
However, this time is obviously not the time to blame anyone, Henry. Keswick didn't mention it, so Niu Bijian naturally wouldn't ask for it.
After notifying the senior management, Niu Bijian returned to his office, picked up the phone and called several important shareholders one by one, and at the same time told the general situation to several shareholders, so that everyone was prepared.
Jardine Matheson, as the head of the four major foreign firms, has strong strength and can become a shareholder of Jardine Matheson. Naturally, none of them are ordinary people.
Although the stock acquisition funds of the three companies all came from the six major banks, after careful consideration, Niu Bijian always felt that there was no reason for the six major banks to join hands to deal with Jardine Matheson.
Although Citibank and Mitsubishi Bank have branches in Xiangjiang, the two banks have no direct conflict of interest with Jardine Matheson, so it is impossible for the two banks to act against Jardine Matheson for no reason.
The most likely possibility is that someone secretly entrusted several banks to initiate the acquisition of the three Landmark companies. This kind of operation is very common. Although the bank will charge a certain fee in the process, the benefits are obvious.
There is a bank as a cover. With the strength of the bank, it is difficult for ordinary people to find out who is behind the scenes.
After Niu Bijian called several shareholders, all the senior executives of the Jardine Group also came to the meeting room. As senior personnel, everyone naturally knew what happened, so none of them dared to whisper to each other like they usually do. .
At this time, the big boss Henry. Keswick must be feeling very upset. If anyone gets into bad luck, they can only admit that they are unlucky.
Arrived in the conference room, Henry. Keswick pushed the chair away, and put his hands on the round table of the meeting. His height of nearly 1.9 meters made people feel oppressive, "I think everyone already knows what happened, and now I'm going to tell everyone once."
"A week ago, six banks headed by Citibank and HSBC secretly acquired the shares of our company's Hong Kong Land Company, Wharf and Golden Gate Construction..."
"The situation is very critical now. I still have no way of determining whether the six major banks are targeting us, or someone is entrusting the six major banks to acquire the three Landmark companies at the same time behind the scenes."
"But regardless of the kind, I only have one sentence, that is, whether it is Landmark, Wharf, or Golden Gate Construction, none of them is allowed to be acquired by others."
"The three companies are all core companies of our company. Once they are acquired by outsiders, they will easily attract the attention of others."
"At that time, our company will face even greater troubles..."
When the senior executives of Jardine Matheson heard this, their faces tightened, because they all knew Henry. What does Keswick mean by trouble.
Since its establishment, Jardine has been firmly seated at the top of the four major foreign firms. It does not depend on eating vegetarian food and praying to Buddha, but on following the law of the jungle, the model of big fish eating small fish, and constantly forcing mergers and acquisitions of companies from all walks of life.
Basically, as long as it is targeted by Jardines, absolutely no company can escape from Jardines.
Because of Jardine Matheson's domineering expansion attitude, Jardine Matheson has many competitors and enemies.
When Jardine was strong, these people naturally didn't dare to provoke them, but once there was a problem with Jardine Matheson, there would definitely be many people jumping out to pick up food. At that time... I couldn't believe it.
Those so-called too big to fail are just talking.
In this world, is there any company that is too big to fail?
You must know that even the empire on which the sun never sets was finally overtaken by the United States, a latecomer, in just a few decades after World War II.
Even the country is like this, not to mention that in an increasingly competitive market, there is actually no difference between a company and a person. The more famous and status a person has, the more cautious he will be in his behavior.
On the contrary, blindly high-profile, it is easy to be jealous and jealous.
Jardine Matheson never knew what it means to be low-key before, but now when the six major banks made a move, everyone was shocked.
The big tree attracts the wind, and no one can guarantee whether the six banks want to take Jardine and cut flesh from Jardine.
Ignore what the people below think, Henry. Keswick turned to look at the third person on his right, and the company's chief financial officer asked, "Frank, how much liquidity is still available in the company's account?"
"Chairman, the company currently has only about 500 million liquid funds in its account, which is seriously insufficient in terms of funds, and most importantly, we can't guarantee whether the six major banks are only eyeing the three companies of Hongkong Land. The share prices of the subsidiaries are also rising.”
"Currently, most of the company's subsidiaries are financially stressed, and there is no way to repurchase shares in the market, and we hold very limited shares in most of its subsidiaries..."
Frank expressed his views on the financial pressure of the company. In the past two years, the market was good. Jardine first bid heavily for the golden land of Kangle Building, and then raised huge sums of money to build Kangle Building.
Besides, in 1972 Landmark also set off a huge acquisition war in the stock market because of the acquisition of the Milk Company.
At that time, the acquisition battle was said to be the first large-scale equity battle since the opening of Xiangjiang, and it was also the first to use the stock market as the acquisition battlefield. It was the first acquisition battle with a modern concept.
(The Hong Kong milk drinking incident, which was later considered to be a major trigger for the Xiangjiang stock market crash in 1973.)
The two events before and after, together with the stock market crash last year, it can be said that Jardine Matheson almost took out all the funds available.
Blind expansion has put the Jardine Department under great financial pressure. Although many subsidiaries have been collected under the Jardine Department, Jardine has not achieved absolute control over most of the subsidiaries.
This is naturally no problem on weekdays, but once there is a large-scale acquisition of companies under the Jardine family, all the shortcomings of Jardine will be exposed at once.
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(end of this chapter)
