MTL - Reborn Capital Tycoon-Chapter 256 meat on chopping board
Chapter 256 Meat on the chopping board
As Jardine reacted, the battle between the two sides became fierce.
As the head of the four foreign firms, Jardine Matheson's ability to mobilize funds is very terrifying and rapid, and the focus of both parties is basically on Jardine Matheson and Hongkong Land.
In terms of Wharf and Golden Gate Construction, because Jardine was unable to mobilize enough funds from other places for a while, it could barely provide limited funds to repurchase the stocks of the two companies, so as to increase the stock price and slow down the acquisition of the two companies speed.
The six major banks concentrated on acquiring the two core companies of Hongkong Land, which forced Jardine to use most of its working capital to repurchase the stocks of the two core companies and increase their holdings in the two core companies.
There are six major banks assisting on the bright side, while Hong Shihui and others are secretly desperately buying shares in two companies, Wharf and Golden Gate Construction.
This trick is not very clever.
However, the effect is surprisingly good.
In a short period of time, Jardine was unable to raise too much funds, so it could only choose to lose the car and keep the handsome. Compared with Jardine Matheson and Hongkong Land Company holding most of the shares of the Jardine family subsidiaries, Wharf and Golden Gate Construction certainly Important, but the loss of two single companies will not seriously hurt Jardine's vitality.
On the contrary, once one of Jardine Matheson and Hongkong Land Company loses control, then with the shares held by the two companies in many subsidiaries of the Jardine family, the entire Jardine family will face a situation of disintegration.
Therefore, even if Jardine knew that the behind-the-scenes targets were Wharf and Gammon Construction, they had to make the safest choice when the two core enterprises were under the scrutiny of the six major banks.
At three o'clock in the afternoon, with the closing of the stock exchange, everything was declared over. Although the stock market stopped, the aftermath left by the six major banks and Jardine Matheson, under the publicity of the major media in Xiangjiang, became more and more intense the trend of.
Top floor of International Building
In Boss Chen's office, Yu Min took the news from the six major banks and reported today's acquisition to Boss Chen.
Because Jardine should feel the huge pressure, it will create opportunities for Hong Shihui and others to acquire Wharf and Golden Gate Construction.
So, today, the six major banks did not hold back at all, and rushed to buy stocks with Jardine Matheson at full capacity in the market.
One billion Hong Kong dollars in cash was almost all used to snap up the stocks of Jardine Matheson and Landmark with Jardine Matheson in the afternoon. This consumption rate made Chen Yi's fingers tremble after hearing the figures.
‘It’s a waste of money...’
Chen Yi only has this idea in his mind now. After today's fierce competition, although he has the upper hand, the intensity of this acquisition battle is still beyond Chen Yi's expectations.
If he hadn’t borrowed a huge loan of 3 billion from the six major banks in advance, based on his previous earnings in the gold market, he would have been hit hard today.
Now he finally understands why the charter king in his previous life had to do his best to acquire Wharf in the end.
As the leader of the four major foreign firms, Jardine is really not bragging. He only took advantage when he was caught off guard. The other party taught how to behave.
Boss Chen was full of thoughts, and he leaned on the boss chair without speaking. After Yu Min reported his work, he stood quietly aside.
"Dong Dong..." After an unknown amount of time, there was a knock on the door.
Yu Min glanced at Boss Chen, seeing that he didn't respond, so he turned around and opened the door.
"Secretary Yu" came from Hong Shihui, and when he saw Yu Min opening the door for him, he quickly greeted him with a smile.
Yu Min nodded in response, turned sideways to let Hong Shihui in, and then closed the office door again.
Seeing Hong Shihui sitting on the boss's chair, he didn't seem to notice him coming in. The wandering boss Chen, Hong Shihui turned his head in a daze, and looked at Secretary Yu with a bit of questioning in his eyes.
Regarding this, Secretary Yu looked indifferent, apparently not planning to help Hong Shihui wake up Boss Chen.
Seeing the secretary's attitude of having nothing to do with himself, Hong Shihui had no choice but to shrink his head and lower his voice to shout to Boss Chen: "Boss, boss..."
"Press?" Boss Chen heard the movement and came back from a fugue.
Seeing Hong Shihui came to the office at some unknown time, Chen Yi was taken aback for a moment, and then jumped up from the boss chair.
"How about it, have Wharf and Golden Gate Construction been taken?"
A few days ago, in order not to attract the attention of Jardine, Hong Shihui and others have been cautiously buying the stocks of Wharf and Golden Gate Construction in the market, and they only bought less than 30% of the shares in a few days.
You must know that Chen Yi's goal is to own 49% of each company's shares. Only with this figure can he control the two companies logically and separate the two companies from the Jardine Department.
In order to acquire the two companies, he spent more than a billion yuan on Hong Kong Land and Jardine Matheson. The combined market value of Jardine Matheson and Hongkong has exceeded 5 billion Hong Kong dollars. This is still without raising the stock price. Less doesn't work at all.
Now the shares of Hongkong Land and Jardine Matheson in his hands combined are just over 30%. Because he had the idea of acquiring Hongkong Land in the early stage, so 30% of the 30% Twenty is the shares of Hongkong Land.
That is to say, whether it is Landmark or Jardine Matheson, the shares he holds in the two companies do not have an advantage.
Once there is no good news from Hong Shihui's side, then this time he may have to fetch water from a bamboo basket.
Hong Shihui took out a few documents from the briefcase he was carrying and put them on the desk in front of Chen Yi, "Boss, these are the shares of Wharf and Golden Gate Construction that we bought in the market today. We bought a total of two shares in the market. 15% of the shares of the company, and the rest are the share transfer documents of several shareholders of the two companies.
Now we have already held 43% of the shares of Wharf and 45% of the shares of Golden Gate Construction, which are far higher than the shares of the two companies held by the Jardine Matheson Group. "
After Chen Yi looked through a few documents, especially when he saw some of the share transfer contracts, he smiled and said, "Great, Lao Hong, you did a good job this time. With these share transfer documents, Wharf and Jinmen We’ve taken the building down.”
"Boss, there is a little trouble now. We have snapped up almost all the shares of Wharf and Golden Gate Construction currently in circulation in the market. I am afraid that the remaining shares will need to be purchased from the remaining shareholders."
When Chen Yi heard this, he was not in a hurry.
Now Wharf and Golden Gate Construction are already meat on the chopping board. With his absolute shareholding advantage, Jardine has no chance of turning over.
"Don't worry about this. Tomorrow, we will stop buying the shares of the two companies. As long as we stop, Jardine will think that we have completed the acquisition."
"At that time, neither Jardine Matheson nor us will buy. Those shareholders and retail investors who hold shares in Wharf and Gammon Construction will be more anxious than us. At that time, it will not be too late for us to buy at a low price."
——
(end of this chapter)
