John Madden and Li Jiacheng sat opposite each other.
"Li Sheng, congratulations, you can get the support of HSBC. Li Sheng will probably soar to the sky this time!"
John Madden held up his wine glass and preached with a smile.
Li Jiacheng was secretly happy. With John Madden's attitude, his possibility of getting Wheelock had increased a lot.
"Everything still needs the support of Mr. Madden!"
John Madden said with a smile on his face: "Of course, our Wheelock had a very happy cooperation with Li Sheng before, and we also understand Li Sheng's ability. If Wheelock can fall into the hands of Li Sheng, our Madden family will
I believe that Li Sheng will definitely be able to move forward with Wheelock!"
Li Jiacheng asked happily: "So, Mr. Ma Deng is willing to sell Defeng to us, Changshi?"
"Why not!" laughed John Madden.
Looking at John Madden's smile, Li Jiacheng's heart suddenly sank, and then he remembered that it was impossible for John Madden to sell Defeng to him so easily.
So he tentatively said: "Then we will start formal negotiations tomorrow?"
John Madden lived up to what Li Jiacheng thought and showed an embarrassed expression: "If possible, we would naturally hope to sell it to Li Sheng, but Li Sheng, you should also understand that the person who wants Wheelock now is not
There are only Changshi, and there are many people, and our Madden family also needs to consider other factors."
Knowing that the Madeng family could not sell Defeng to him so smoothly, Li Jiacheng asked: "I don't know how to relieve Mr. Madeng's concerns."
John Madden smiled and said: "As long as Li Sheng can give a price that makes other parties shut up, our Madden family will naturally not have to worry about other parties. At that time, we will only need to pay Li Sheng's price
Tell them, I think those people will give up!"
Li Jiacheng: "..."
All courtesies are fake, only cash is real.
At this time, Li Jiacheng once again strengthened his thoughts on John Madden.
"If Mr. Madden is willing to sell, we at Cheung Kong are willing to pay 20% higher than the market price to acquire Mr. Madden's Wheelock shares!"
Today, Wheelock's market value before the suspension was HK$713 million, and the Madden family holds 21.57% of Wheelock's shares through equity transactions during this period, which means that these shares are worth a total of 154 million
About HKD, an increase of 20%, which is about HKD 185 million!
After listening to this, John Madden smiled easily and said in a deep voice: "Li Sheng is really good at joking. Although Wheelock's market value is not high, its actual asset value is far higher than that of Qingzhou Yingni. Now Li Sheng actually increases the market price by 20%."
Price acquisition, this kind of joke can easily eliminate Li Sheng from acquiring Wheelock!"
Old fox!
Li Jiacheng was speechless when he heard John Madden mention Qingzhou Yingni.
If we look at asset value alone, Wheelock has indeed surpassed Qingzhou Yingni. However, Wheelock only looks valuable, but its own profit is very uncertain. Last year's profit dropped to more than 20 million, which is so disappointing.
Stable profit model.
How is it possible to obtain the same valuation as Qingzhou Yingni?
The lion opened his mouth and was talking about John Madden's current situation.
"Mr. Madden, I remember that Wheelock's profit last year was only more than 29 million, and coupled with Wheelock's loans, the market's reaction was the most direct. The reason why the market gave Qingzhou Yingni such a high market value before
, that’s because Qingzhou Yingni’s profits are constant and growing slowly.
However, Wheelock's current profits are deteriorating. If Mr. Madden compares Wheelock and Qingzhou Yingni, is it inappropriate?"
Facing Li Jiacheng's arguments, John Madden's expression did not change. It is impossible for Wheelock to have a market value like Qingzhou Yingni's.
But John Madden definitely hopes to get as much money as possible, so it is impossible for him to follow Li Jiacheng's rhythm just after Li Jiacheng said this.
"If this is the case, then I can only say sorry to Li Sheng. I hope that when Li Sheng does business in England in the future, you and I can still cooperate!"
John Madden's calm sermon.
Regarding the current situation, John Madden has a psychological advantage. Now he is Party A, and all the others who want to acquire Wheelock are Party B.
In short, he is a father!
Since I am a father, I naturally have to have the majesty of being a father!
Li Jiacheng did not expect John Madden to be so straightforward, but after thinking about it for a while, Li Jiacheng did not continue to force anything.
It's not that Li Jiacheng has given up, but that Li Jiacheng understands that if John Madden treats other acquirers in the same way, no one will agree to the price.
Although our side is the demand side, we do not have to follow the other party's lead. Only after John Madden truly realizes the value of Wheelock can we start the second round of negotiations.
"I understand what Mr. Madden means, but I still have a positive attitude towards acquiring Wheelock. If Mr. Madden changes his mind, please inform us of Changshi as soon as possible. Don't dare to do anything else."
Guaranteed, in terms of price, we at Cheung Kong are definitely more sincere than other companies!”
John Madden understood what Li Jiacheng meant. It would definitely not work to ask for excessive prices, but within the normal price range, Li Jiacheng, with the support of HSBC, was definitely one of the most powerful contenders.
Haha, I don’t believe that other people can’t see the value of Wheelock!
This was John Madden's inner thought after understanding what Li Jiacheng meant.
He cannot accept that Wheelock's market value is lower than Qingzhou Yingni.
Now that the first trial between the two parties has ended, and both parties have understood each other’s price, there is nothing more to say. After chatting for a few words, the two parties stood up and said goodbye to each other and left!
This chapter is not over, please click on the next page to continue reading!
The next day!
Causeway Bay, Happy Valley Racecourse, VIP Hall!
The VIP hall at the racecourse is not a separate private room like some clubs or hotels. In fact, the so-called VIP hall is a large living room similar to a cafeteria. The only difference is that it is full of floor-to-ceiling windows.
You can stand here and see the racecourse outside through the glass.
For a little more money, there will be a simple VIP seat in the protruding part. You can sit on the balcony and feel the bustling atmosphere of the racecourse, and at the same time, you can better demonstrate your status.
And Chu Huan and Li Jiacheng are in this position now.
"Director Chu's 'Zhongyuan Kuai Ma' will be on the stage soon. This is the first time, Director Chu, that your favorite horse has participated in the competition. There is no doubt that it will win the first prize!"
Li Jiacheng held a red wine glass and talked to Chu Huan with a smile.
Chu Huan has already been a member of the Jockey Club, and was actively invited by the Jockey Club. To become a Jockey Club member at the same time, you need to have your own horse racing, but Chu Huan has never had time to do these things. The most important thing is that Chu Huan is interested in
Horse racing, a sport that everyone in Hong Kong is interested in, doesn't pay much attention to either.
So Xu Yi never got a horse of his own. Last year, Xu Yi thought of this matter, so he raised a horse of his own at the Jockey Club for Chu Huan. After telling Chu Huan about it,
,Chu Huan named this racing horse 'Zhongyuan Kuai Ma'!
Under normal circumstances, it is not a simple matter to become a horse owner in Xiangjiang. The earliest horse racing in Xiangjiang was brought by the British. At that time, the Xiangjiang Jockey Club did not allow Chinese to join, and it had long been discriminatory against the Chinese.
policy!
The horse racing schedule, horse names, and riders are all in English!
However, with the popularity of horse racing betting culture and the improvement of the status of the Chinese in Hong Kong, an all-Chinese Jockey Club was established and a racecourse was set up in Fanling. Under these circumstances, the Jockey Club was forced to absorb a small number of Chinese to become
member!
Nowadays, it is easier for Chinese people in Hong Kong to join the Jockey Club than in that era, but it is still relatively speaking. The most basic condition is that they must have the support of three members to be eligible to apply!
Moreover, the Jockey Club also needs to review the background of the applicant, which means that having money is only one of the most basic conditions. Personal background, financial status, clean resume, and even social responsibility may be included in the assessment!
But even with such harsh conditions, countless people in Xiangjiang still want to apply to join the Jockey Club every year. Now the Jockey Club is no longer just a horse racing organization!
The Jockey Club is the top social platform in Hong Kong and even Asia. All the famous wealthy families in Hong Kong are members of the Jockey Club!
Chu Huan smiled and said: "Li Sheng, don't be ridiculous. Didn't you read the horse racing report this morning? 'Zhongyuan Kuai Ma' is the horse with the highest odds. This shows that not only experts but also the audience are optimistic about him."
!”
Li Jiacheng smiled and said: "I don't think so, because these people have ignored a very important thing."
Chu Huan said: "Really? I wonder what the important things Li Sheng said?"
Li Jiacheng said: "That is the owner of the 'Zhongyuan Kuai Ma',"
While the two were chatting, the horse race started. Although Chu Huan's "Zhongyuan Fast Horse" rushed out of the fence at the first time, it was soon overtaken by other race horses and fell behind.
Chu Huan and Li Jiacheng's ears were also filled with deafening cheers.
Chu Huan put his hands on the guardrail and watched as his horse, the 'Central Plains Fast Horse', suddenly began to exert force under the whip of the horseman, and then began to overtake the horses in front one by one. Finally, when it and another horse
When the horses crossed the key line at the same time, through the big screen at the scene, everyone saw that the "Zhongyuan Fast Horse" was one horse's nose ahead of the second place!
“What an unexpected surprise!”
Chu Huan held a wine glass and lectured to Li Jiacheng with a smile.
Li Jiacheng smiled and said: "It is well deserved. Although the 'Zhongyuan Kuai Ma' was not favored at the beginning, that is because this is the first time for the 'Zhongyuan Kuai Ma' to participate. I believe that from now on, no one will do it again."
I underestimated the 'Zhongyuan Kuaima'!"
Chu Huan said with some helplessness: "The beauty of the forest will be destroyed by the wind. Before, the 'Zhongyuan Kuai Ma' was just a little transparent, and everyone would not take him seriously, but now the 'Zhongyuan Kuai Ma' is in its first game."
Just getting the first place makes people worry about it easily, which is not a good thing!"
As they spoke, the two of them returned to their booth in the lobby.
Now is the break between horse racing. The wealthy people in the VIP hall will choose activities at this time to relieve their high tension. However, when these people saw Chu Huan and Li Jiacheng sitting together,
They all showed puzzled expressions.
There is not only no friendship between Chu Huan and Li Jiacheng, but also deep grudges!
Now that the two of them are together, and thinking about the current situation in Xiangjiang, it is exactly when the Wheelock takeover battle is in full swing. Could the two of them have made any moves?
However, hasn’t Chu Huan’s Jiaku already withdrawn from the battle for Wheelock?
Chu Huan and Li Jiacheng didn't pay attention to the other people's eyes. Li Jiacheng asked with a smile: "Director Chu suddenly invited me today. I don't think he just invited me to watch a horse race? If there is anything, Director Chu can just say it."
If possible, we at Changshi will definitely help!"
If there was no business competition with Li Jiacheng, to be honest, it would be really hard for you to hate this person, just like Chu Huan does now.
The two sides fought many times, and Li Jiacheng was the loser every time. Regardless of how he calculated Chu Huan secretly, what he said openly made people feel comfortable.
Chu Huan said with a smile: "It's not a big deal. I know that Li Sheng has a long history and with the help of HSBC, he can definitely participate in Wheelock's acquisition war. This is very enviable!"
This chapter is not finished yet. Please click on the next page to continue reading the exciting content! Li Jiacheng said with a smile: "Director Chu is joking. Who in the whole of Xiangjiang doesn't know now that Director Chu is the real number one person in Xiangjiang. If it weren't for business reasons,
The reason is that Chairman Chu’s Jiaku is the most advantageous contender for Wheelock.”
Chu Huan waved his hand and said: "The matter is over. Anyway, the acquisition of Wheelock has nothing to do with our Jiaku. The main reason for inviting Li Sheng this time is to ask if Li Sheng has the funds to acquire Wheelock."
Where’s the pressure?”
Li Jiacheng was stunned. He didn't expect Chu Huan to ask such a question.
After thinking for a while, Li Jiacheng asked tentatively: "What does Director Chu mean by saying that he wants to invest in Changshi and then provide us with financial help?"
At this time, Li Jiacheng thought of their previous analysis. Although Chu Huan apparently withdrew from the acquisition of Wheelock, if Chu Huan joined a consortium that was qualified to acquire Wheelock, it would actually be considered a possibility.
Defeng took control.
When he thought of this, Li Jiacheng became more vigilant. He had already said before that he would never agree to Chu Huan's acquisition of Changshi.
However, Chu Huan's answer surprised Li Jiacheng again.
"I think it's better to forget about investing in Changshi. After all, even if I wanted to, Li Sheng wouldn't agree!"
Li Jiacheng began to be unsure of Chu Huan's background. He wanted to invest in Cheung Kong Holdings, but also asked if there was any financial pressure when Cheung Kong Holdings acquired Wheelock.
"I'd better talk openly!" Chu Huan did not play charades with Li Jiacheng, but smiled and said: "I want to buy shares of Changshi Hefu Company."
In order to compete with Chu Huan, Qingzhou Yingni, HSBC, Jardine Matheson, Swire, Wheelock, Hehe International, and Changshi Group Wealth Company were formed.
In the end, Hefu still did not compete with Chu Huan, making Chu Huan the largest shareholder of Qingzhou Yingni, while Hefu became the second shareholder of Qingzhou Yingni.
At that time, Jardine, Swire, and Wheelock used cash and equity to invest in Hefu, and then used these shares and cash to exchange shares with Qingzhou Yingni shareholders.
However, after the failure of the battle for Qingzhou Yingni, these companies did not withdraw their stocks, but continued to place them in Hefu Company.
According to the information Chu Huan received, these companies intend to list Hefu separately, and their purpose is naturally to make money.
Therefore, the equity distribution of Hopewell at this time is as follows: Cheung Kong holds 22.15% of the shares, Jardine Matheson holds 34.07% of the shares, Swire holds 21.79% of the shares, Wheelock holds 10.74% of the shares, Hehe International holds 3.96% of the shares, and HSBC holds 7.29%.
Among them, the most important ones are Jardine, Swire, and Wheelock, in order to ensure the cash in their hands, they exchanged the company's equity for shares and became shareholders of Hefu.
And this is what Chu Huan wants.
After Li Jiacheng knew Chu Huan's true thoughts, he immediately understood what Chu Huan meant.
Sure enough, Chu Huan still wanted to play a roundabout way of thinking, and then achieve the idea of controlling several major foreign banks by acquiring the shares of CK Asset Holdings.
But the idea is beautiful, but it is very difficult to implement it.
"Director Chu, although I am now the chairman of Hefu, in fact, it is because this company has no value except for holding the equity of Qingzhou Yingni, and the shares held by Hefu were originally
We were unable to obtain the controlling stake of Qingzhou Yingni, so there was not as much as previously announced.
If you become a shareholder of Hefu, I think those people will definitely not let you continue to sit in the position of chairman of Hefu."
Li Jiacheng didn't understand why Chu Huan did this. Although Hefu held a small part of the stocks of Jardine Matheson, Swire, and Wheelock, even if Chu Huan got his own equity, he had no way to control Hefu, let alone
Proposals to sell equity interests in other companies will be approved by the board of directors.
However, Chu Huan's suggestion made him think of something that was beneficial to him, that is, he might be able to make a fuss about the 5% equity of Wheelock controlled by Hopeful.
Chu Huan seemed to have read through Li Jiacheng's thoughts and said with a smile: "Whether I can get the equity of other companies is my business. Of course, if Li Sheng can agree, I can complete the Wheelock holdings held by Hefu After 5% of the stock trading, our trading can continue!"
Li Jiacheng quickly analyzed the pros and cons of this matter. More importantly, Li Jiacheng could not make his own decision on this matter. He had to discuss it with Shen Bi before he could give Chu Huan an answer.
"Director Chu, this matter is very relevant. I need to think about it seriously. I hope Director Chu can give me some time!"
Chu Huan nodded slightly and said with a smile: "That's natural. I just hope that Li Sheng can give me an answer as soon as possible. After all, Wheelock's acquisition battle is still going on. I think if I miss this opportunity, Li Sheng will have to do it." Very sorry!”
Li Jiacheng nodded, but did not speak!
.
Chinese Bank, in Chu Huan’s office on the top floor!
"Boss, does Li Jiacheng agree with your suggestion?"
After Chu Huan returned to the company, Xu Yi immediately found Chu Huan and asked about the outcome of Chu Huan's negotiation with Li Jiacheng.
Chu Huan chuckled and said: "How could it be so fast? Now is the time when Changshi needs HSBC's help. If they lose HSBC's help, it is impossible for them to get Wheelock, so in this matter He must discuss it with Shen Bi."
Although he knew that what Chu Huan said was the correct answer, Xu Yi still said with some regret: "This Lijiacheng is really true. If he sells his shares in Hefu, the funds in his hands will be enough to purchase the Madden family's shares in the meeting. Defeng’s stock!”
In the Qingzhou Yingni takeover battle, Hefu finally acquired a total of 33.95% of Qingzhou Yingni's shares, and Qingzhou Yingni's current market value is HK$1.685 billion.
In other words, the asset value of this part of Hefu is HK$572 million.
Coupled with the stocks of Jardine Matheson, Swire and Wheelock held by Hope Fortune, basically the asset value of this company is already over 1 billion Hong Kong dollars.
This chapter is not over yet, please click on the next page to continue reading! The reason for Changshi's acquisition of Qingzhou Yingni is that it has already taken action in advance, so it spent the most cash, so the shareholding can be compared with the one who took out its own shares. Compare Jardine, Swire, and Wheelock.
Even if Hefu is calculated based on an asset value of 1 billion, the 22.15% stake held by Cheung Kong at this time is still worth HK$221.5 million.
And now the value of the Wheelock shares held by the Madden family does not exceed this amount at all, which is why Xu Yi said this.
Chu Huan said with a smile: "That's not how the accounts are calculated. Although HSBC takes care of Li Jiacheng just like a biological father takes care of his biological son, in fact, the money that Changzhi takes from HSBC not only has to be paid back, but also paid with interest.
So it’s appropriate for Lijiacheng to seriously consider it.”
Xu Yi nodded and said helplessly: "I understand the truth, but I just think it's inappropriate!"
Chu Huan laughed and said: "There is nothing inappropriate. Now it depends on whether Li Jiacheng and Shen Bi value the company Zhonghe Fu or Wheelock more!"
.
Shen Bi really has a headache now!
According to Li Jiacheng's schedule today, he was going to meet Qi Dezun this afternoon, so he had to find Shen Bi at noon and tell Shen Bi about his meeting with John Madden last night and Chu Huan this morning!
Shen Bi did not expect that Chu Huan would be interested in Hefu's shares.
"Has he said what means he can use to obtain the shares of the other two companies?" Shen Bi asked Li Jiacheng.
Li Jiacheng shook his head and said: "Chu Huan will definitely not tell us such a thing!"
"Yes!" Shen Bi also understood that his question just now was a bit redundant, but he was really curious.
"What do you think about this?"
Shen Bi asked Li Jiacheng.
Li Jiacheng pondered for a while and then said: "I am inclined to sell the shares of Hefu to Chu Huan. The shares of Changshi and HSBC in Hefu are only 29.44%. Before coming, I also I thought about whether it was possible to sell 5% of Wheelock's shares in Wheelock to us through operation, but in the end I realized that this was impossible.
Hehe International, Swire and Jardine are all determined to win Wheelock. They will not allow this to happen. And John Madden is now talking loudly and will not allow such a thing to happen. .
Since this is the case, it is better to sell our shares in Hefu to Chu Huan, so that we can get more cash and we will have more advantages in acquiring Wheelock!"
Shen Bi said: "If this is the case, you will lose the right to speak in Qingzhou Yingni. If Chu Huan wants to take action against you in this regard at that time, it will be very difficult for you!"
Li Jiacheng analyzed: "I have already thought about this. If we really decide to sell Hefu's shares in the end, then when we sign the contract with Chu Huan, we must add this clause to ensure that Qingzhou Yingni will not be there. In terms of cement, we are targeting Changshi!”
After the Qingzhou Yingni acquisition war ended, Xiangjiang's cement market started a bloody storm. Through the acquisition, Qingzhou Yingni only controlled 60% of the market share in Xiangjiang.
But now, Qingzhou Yingni has controlled 70% of the Xiangjiang cement market!
That's why Shen Bi was so worried just now.
"If that's the case, I personally have no objection!" Shen Bi understands Li Jiacheng's abilities. Although in the eyes of outsiders, Li Jiacheng has been suppressed by Chu Huan, but even so, Changshi led by Li Jiacheng is still developing slowly. , this is Li Jiacheng's ability.
Since Li Jiacheng now thinks that this matter can be done, he naturally has no objections!
Shen Bi is even thinking about whether he can wait until he returns to HSBC to tell Sha Ya about this and sell the shares of Hefu held by HSBC to Chu Huan!?
Anyway, HSBC is short of money now!
.
"I disagree!"
After Sha Ya knew Shen Bi's thoughts, she directly gave a negative answer.
"Although selling Hefu's shares can bring back some cash for HSBC, at this time, Qingzhou Yingni's stock price is still lower than when we acquired it. If we sell Hefu's shares at this time, then investing in Hefu will It was a failed investment.”
The closer it is to her retirement, the more Saya values her performance.
At Shen Bi's suggestion, Sha Ya agreed to invest in Li Jiacheng to acquire Qingzhou Yingni. Naturally, the loan to Li Jiacheng would not be a loss, but in the end, the cash that HSBC took out itself was a loss.
Therefore, Saya will never agree to sell the shares of Hefu at this time.
Seeing Sha Ya's attitude being so firm, Shen Bi knew it was impossible.
He could only explain: "I think the most important things for the company right now are: one is to support Cheung Kong in Lijiacheng to acquire Wheelock, and the other is to fully acquire Ocean Milan Bank in North America. Especially the latter matter, which belongs to HSBC personally." Investment, this cash is very important to us!”
Sha Ya slightly accepted Shen Bi's explanation and said, "I already have a solution for the cash needed to acquire the North American Ocean Milan Bank, so you don't need to worry about this matter."