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Chapter 174: Entering the Southeast Asian Market

While Xinjian Group is reducing its holdings in Wheelock and Whampoa Group, Jiashi reported that next Monday, the 28th, Li Jianhui will inspect the Southeast Asian market with a number of senior executives.

These include Chen Xinyi, president of the Xinjian Charitable Foundation, Wei Li, chairman and CEO of Wheelock Holdings, Tesco Group, Shi Shaoming, president of Jiayi Group, Wang Haichuan, executive vice president of Huihong Group, Gan Qinglin, vice president of Wheelock Land Group,

Walker Horford, Vice President of Huangpu Shipping Group and many other senior officials of the Xinjian Department.

This news attracted the attention of many interested people. Xinjian Group had just announced to reduce its holdings in two major groups, and now it was about to inspect the Southeast Asian market. They wondered whether Li Jianhui was preparing to raise funds to set off a storm in Southeast Asia.

Especially the representatives of the Nanyang Consortium in Hong Kong are full of worries. You must know that the reduction of Xin Jian's shares this time can add hundreds of millions of cash to Wheelock Land, which has added 3 billion Hong Kong dollars.

of cash flow.

If Li Jianhui concentrated his strength against one of them, even if they blocked Li Jianhui's attack, they would suffer heavy losses.

Whether it is the Sin Chau Qiu family, the Malay Guo family, or even the Sin Chau Huang family, they immediately raised their vigilance and paid close attention to Li Jianhui's next movements to avoid being caught off guard by Li Jianhui.

They once hoped to kill the Xin Jian system in advance, but now they realize that they really overestimated their capabilities.

The Xinjian clique has not been suppressed, and Xiangjiang's economic development is getting better and better. On the contrary, they have to worry about possible attacks from the Xinjian clique at any time.

On the contrary, the British-owned enterprise Taipan and Chinese-owned families in Xiangjiang are very happy about this. Li Jianhui's increased expansion into the external market also means that investment in Xiangjiang will decrease, so that they will face much less pressure to build a new relationship.

In the conference room of Wheelock Building, Li Jianhui said to the senior executives who would accompany him on his inspection tour of Southeast Asia: "We have two purposes this time. One is to open up the way for charity and open up the Southeast Asian market. For this operation, the Xin Jian Charity Foundation

Bian will donate HK$200 million to the five countries of Singapore, Malaysia, Thailand, Philippines, and India.

The second purpose is to unite some local Chinese-owned families to compete with several core member industries of the Nanyang Consortium.

In addition, our investment department has investigated the industries owned by Qiu Deba, Guo Henian, Huang Tingfang, Guo Fangfeng and others, especially their listed companies. If there is an opportunity, I will snap up and buy it. If there is no opportunity, I will make these people nervous.

.”

Senior executives will not be idle during their trip to Southeast Asia this time. Wheelock Land will use Kuala Lumpur as the city where the group will build its fifth Wheelock Plaza.

Tesco Group also wants retail chain stores such as Lane Crawford, Watsons, IKEA, and Tesco to develop markets in several countries.

Xinjian Bank, Huangpu Shipping Group, and Huihong Group also hope to increase cooperation with several companies.

Also, Jingyi Electrical Appliances is still just an empty shell, otherwise there would be more senior executives heading to Southeast Asia this time.

Li Jianhui, who has a lot of money in his hands, will not put all his money in banks. On the one hand, major groups will raise funds, and on the other hand, Xinjian Bank will provide loans to these companies to accelerate their expansion.

Li Zaiwei said: "This time our investment department plans to be divided into two groups, led by Deputy General Manager Pang Yi and Deputy General Manager and Investment Department Manager Wang Shanbin. One group is in Kuala Lumpur and the other is in Sinzhou. They will cooperate with each other to deal with Nanyang.

The listed companies owned by the core members of the consortium will take action, and at the same time, Xiangjiang will also make the Huang family's Sino Group unable to escape in the stock market."

Wu Jiankun, director of the Political and Economic Office, also introduced the situation of some major powerful families in Nanyang to the senior officials, especially the relationship between the core members of the Nanyang Consortium and their opponents.

This time, Li Jianhui's team tried to get in touch with these families as much as possible, and the two parties cooperated to jointly attack the Nanyang Consortium's industries.

Fortunately, Li Jianhui has no intention of uniting with local ethnic forces to attack the Nanyang Consortium, otherwise I am afraid that families like the Nanyang Consortium will be even worse.

Wei Li spoke up: "This time, our biggest competition in the past was actually the local ethnic groups. Although they are not necessarily strong, they have the backing of the local government. It is not easy for us to get a share of the pie.

I hope that Li Sheng can arrange for a senior executive to be stationed in the Malaysian market that we want to focus on developing, and to unify the management of our Xinjian-related industries in Malaysia. This way, our industries in Malaysia can form a synergy and avoid being scattered.

"

Xinjian Department seems to have only a few groups, but it has nearly one hundred subsidiaries. This is after Li Jianhui reorganized and merged the Wheelock Group and Hutchison Whampoa. The previous Wheelock Group had as many as two hundred subsidiaries.

Multiple.

This is still the current Xinjian Department. In the future, one China Resources will have more than 2,000 subsidiaries. I believe there will be even more Xinjian Departments.

This time in Malaysia, many industries such as banking, securities investment, retail, shipping terminals, real estate, and media will enter, and there is indeed a need for a general person in charge. Otherwise, each enterprise will do its own thing, and the comprehensiveness of the Xinjian Department will not be reflected.

Advantages of industrial groups.

Looking at the people present, Li Jianhui asked aloud: "Is there anyone who would like to volunteer to be stationed in Kuala Lumpur and take charge of our affairs in Malay?"

Naturally, it is impossible for several major CEOs to be interested, but some vice presidents are still more interested. After all, they are in charge in Malay and have a huge say.

Walker Horford, the vice president of Huangpu Shipping Group who is mainly responsible for shipping business, said first: "Sheng Li, I am willing to stay in Kuala Lumpur to coordinate the development of major enterprises in Malaysia."

It’s not the fault of the other vice presidents being slow. The main reason is that the shipping business managed by Walker is the only company that will be downsized this year. Now that he can sit in one position, he naturally doesn’t want to stay in this position.

I still remember that Li Jianhui objected to him reducing his fleet when we first met him. His personal abilities were quite good.

Especially because of his British identity, having him based in Kuala Lumpur is indeed conducive to the development of Xinjian industry in Malaysia. You must know that Malaysia is also a member of the Commonwealth, so we dare not discriminate against him. He will also have better communication with the local government.

Some.

Seeing that no other senior management spoke up, Li Jianhui said: "Then Horford will be our person in charge in Malaysia. From today on, Horford will step down from his position in Huangpu Shipping Group and serve as the director and vice president of the board of directors of Xinjian Group. He will be based in Kuala Lumpur and oversee our operations.

People in Malay enjoy fourteenth-level treatment."

The vice presidents present felt very regretful. If they had known it, they would have spoken out first. The previous ones are not the focus. The main thing is the fourteenth-level treatment, which is the same level as the group president.

In the previous Xinjiang department, only Li Zaiwei and Wang Haichuan enjoyed full-time treatment as deputy positions. Now there is another Horford.

As the Xinjian Department has more and more high-level executives, it is quite difficult to be promoted to another level, especially from a vice president with a thirteen-level salary to a fourteenth-level president. This is almost an unbridgeable gap.

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