After the board meeting, Wooden Swire explained to Henry Keswick the transfer of shares in Xiangjiang Air Cargo Terminal Management Company by Swire Pacific.
Henry Keswick immediately asked Wooden Swire to give up such an idea and said to him dissatisfied: Swire, what you do will only make the influence of our British consortium less and less. In aviation.
We have already lost the Air Passenger Transport Company and the Xiangjiang Aircraft Engineering Company. If this company is also lost now, the Li Group will completely monopolize the Xiangjiang aviation market. Moreover, our respective groups also have a lot of goods transported by air. Aren’t you worried?
Will the Li Group take control of us?
Wooden Shihuaiya no longer wants to compete with the Li Group, and their strength is no longer the same as it was during the period of the four major foreign banks. He just wants to run the industry in Xiangjiang with peace of mind, and he doesn't
I hope that the Swire Group will completely lose the Xiangjiang market.
Wooden Shihuai Ya said: Keswick, I am just informing you of our decision so that you can prepare early. Do you think we can still defeat the Li Group if we continue like this? You Yihe
The family is big and the business is big, but it’s nothing
Problem? But look at us, Hutchison Whampoa was jointly occupied by Li Ka-shing and Li Guangyu, and Wheelock was completely privatized by Li Guangyu. Our second largest shareholder of Swire Holdings is Li Guangyu. What should we do with Li Guangyu?
Consortium competition.
Henry Keswick felt sad after hearing this. The four major foreign banks that once dominated the Hong Kong economy were in such a state of decline. He wanted to try his best to maintain the status of the British consortium in Hong Kong, but the reality was so cruel that even the remaining
Taikoo is no longer prepared to stand on his side. If Yihe is the only one, how can he resist the attack of the Li Family Group?
However, Henry Keswick had no idea of surrendering to Li Guangyu. As the leader of the British-funded consortium in Hong Kong, Jardine Matheson Group would not bow to the Chinese-funded family. Moreover, he did not believe that the British government would watch the British
All financial groups were forced to evacuate Xiangjiang.
Moreover, the two major banks would not watch them fall. Once Jardine Matheson fell, Li Guangyu would point his gun at them. Henry Keswick knew that the Lee Group was obsessed with the right to issue Hong Kong currency notes.
Only when the Lee Group obtains the right to issue Hong Kong currency notes can the Lee Group completely establish its position in Hong Kong.
Henry Keswick said: Shihuai Ya, I am not interfering with your decision. Do you think that by doing this, the Lee Consortium will no longer target our British consortium? I'm afraid you are too naive. As long as our
As long as the influence is still there, the Li Group will not give up its suppression of us. At this time, we should unite and resist the Li Group's acquisition of the company in our hands.
Wooden Swire did not agree with Henry Keswick's view. What the Lee Group was worried about was the Jardine Matheson Group and the two major banks. They were still the second largest shareholders of their company. When the company developed, they would do the same.
Make money. As long as you don't deliberately compete with the Li Group, they will not touch you.
Moreover, the situation in Xiangjiang is complicated, and the existence of its own Swire Group is also a help to the Li Group, especially when it is difficult for the Li Group to come forward on some issues, the Swire Group does not matter.
Wooden Shihuai Ya said: Keswick, you should consider what to do with the shares in your hands with the senior management of your group. I think Li Guangyu will take action once he acquires the shares in my hands. They will have control by then.
75 shares, your shares won't do anything.
Henry Keswick said: Why are you in such a hurry to sell these shares? The situation in Hong Kong is unclear now. You can wait until the future of Hong Kong becomes clear before deciding whether to sell your shares. Our two shares together account for half.
The Li Group has nothing to do about it.
Henry Keswick still hoped that Wooden Swire would not sell his shares for the time being, so that he would have more time to consider the next step. Now he is not too worried about Yihe, they are all in control
Having acquired more than half of the equity, the Li Group wants to acquire it on the stock market, but there is no possibility.
Wooden Shihuai Ya said: Keswick, you should stop thinking that our British-funded consortium can reproduce the glory before the 1970s. Now Xiangjiang has become the world of Chinese-funded families. Why don’t we take a step back and give up space?
If some come out, I believe they will start fighting for their own benefit. We secretly accumulate strength slowly and develop the group.
Henry Keswick doesn't want to do this. If this market gives way, he is afraid that he will never get it back in the future. Moreover, his Jardine Group is not like the Swire Group. Several important companies there have been acquired by Chinese-owned groups.
, now these have little impact on Xiangjiang.
Milk International and Wellcome Supermarkets owned by them have a great influence on the citizens of Xiangjiang. The Li Group and the Chinese-owned Group will not let them go easily. Especially Milk International, during the stock market crash in 1973, they were
The group acquired it with abundant funds. At that time, many Chinese-owned families were dissatisfied. As long as they saw the opportunity, they would definitely pounce on it.
Henry Keswick said: Shihuaiya, can you think more about it and postpone the sale. We will discuss it with Shen Bi and George Lavin. I don’t think the Li Group can take action on the four of us.
Wooden Shihuaiya said: Keswick, we have thought very clearly. At the same time, the Singapore consortium has also agreed to the acquisition of shares. It’s not like you don’t know the difficulties we are facing now. Li Guangyu is here.
These two major groups are shareholders. If we do not reach a settlement with the Li Group, many of our plans and plans will not be implemented at all.
Speaking of this, Wooden Shihuai felt depressed. Not only did the Lee Group's board of directors oppose it, but its media outlets would also expose the matter to the outside world and use Hong Kong's public opinion to put pressure on them. They didn't care whether the group could make a profit or not.
The Li Group doesn't care about the company making money, but he and the Singapore Group do. If they don't make money, why should they bother to run it? They don't have several groups like money printing machines under the Li Group, and they don't want their group to provide free services to the people of Xiangjiang.
Serve.
When Henry Keswick saw that Wooden Swire was determined to sell his shares in order to reach a settlement with the Lee Group, he knew that his persuasion had no effect.
So he said to him: Keswick, in this case, I won't say anything more. I hope you won't regret it when the time comes. With the aggressive momentum of the Li Group, he will not tolerate our British-funded group in Xiangjiang.
What kind of influence does Bian have? I'm afraid that your concession will only allow him to unscrupulously acquire other companies under our British ownership.
After Henry Keswick hung up the phone, he was thinking about what to do next for Yihe. Swire's concession would allow the Li Group to focus all its energy on Yihe. With the current situation of Yihe, it is impossible to resist it.
To survive the attack of the Lee Group.
In the past, there were still many allies in the face of Chinese-owned groups, but now that each family has lost them, Yihe is about to become alone. Thinking of this, Henry Keswick feels even more desolate.