"Brother." Henry Kadoorie looked at the pale Mi Gao and said cautiously: "HSBC has sent news that they will no longer support us. At the same time, we also hope that we can sort out our family's private debts as soon as possible. , and provided a reasonable repayment plan. Standard Chartered Bank also sent a warning saying that our previous second mortgage loan was suspected of violating regulations and required us to repay the loan immediately, otherwise, they would go to court to sue us."
"It's really uncertain." Michael Kadoorie said after a while: "Now I finally understand why Robert Kuok was willing to spend such a high price to acquire the shares of the hotel and not let go. Their fundamental purpose Just for CLP.
From the beginning to the end, we jumped into the hole dug by others. Standard Chartered was obviously a group of them, and maybe even HSBC. "
"HSBC, it shouldn't be possible, right?" Henry Kadoorie said in surprise.
"Maybe not, but we have given up on us now." Michael Kadoorie said, touching his sore forehead.
"Shen Bi is a profit-seeking person. It is actually normal to make such a choice at this time." Henry Kadoorie nodded and said, Pao Yugang or Kuok Henian, no matter which family, in their own main battlefield, the Kadoorie family still has a fight. Now that the two are united, the Kadoorie family has already suffered huge losses due to the hotel acquisition war, and now it has jumped into the trap of Standard Chartered Bank. Shen Bi may be able to rescue him, but the risk is too great. .
"I never imagined that Standard Chartered Bank in the UK would actually conspire with Chinese companies to defraud our fellow countrymen." Mi Gao said with some trembling: "We simply cannot raise HK$600 million in funds in a short time. Even if it is possible, what will we use to compete with Bao Yugang for the CLP?"
"By doing this, Standard Chartered is cutting itself off from Hong Kong's capital market? Why is Bill Winter so bold?" Henry Kadoorie also felt very regretful. You know, he introduced Standard Chartered Bank.
"It is indeed ruthless. It is probably because Robert Kuok and Pao Yugang gave him very attractive conditions to take the gamble." Michael Kadoorie said.
"Then what should we do now?" Henry Kadoorie said with a frown. Although CLP still has a lot of funds, they belong to CLP. When the Kadoories are usually the dominant family, naturally CLP belongs to their family. Yes, but now that another party has come to force the acquisition, it will be impossible to use the listed company's money to do its own things.
"If you can't keep the big hotel, forget it, but CLP has to defend it even if you die. You should immediately contact British companies such as Jardine Matheson and Swire and tell them that I can let them invest in CLP. The premise is that they must support it absolutely after they obtain the shares. We, at least within these two years." Michael Kadoorie said very calmly.
Faced with the attacks of the two Chinese giant consortiums, you cannot win by yourself. Although many of the British-owned foreign firms in Hong Kong have coveted CLP for a long time, in general, they cannot threaten the Kadoorie family in a short time. Dominant.
"Okay, I'll break the news right now." Henry Kadoorie nodded and said. Although hungry wolves may be introduced, the tiger is already in front of him, so he can't think too much.
"Wait a minute, let's contact Ali Shen and make a backup plan." Michael Kadoorie paused and said.
"Contact them?" Henry Kadoorie immediately understood what his elder brother meant and said, "Introducing them will be very troublesome in the future."
"No matter how troublesome it is, it is better than losing the company." Henry Kadoorie said.
At Galaxy Tower, Chen Zhiwen, Pao Yugang, and Kuok Henian gathered together again.
"Sheng Chen, Mr. Bao, and the Kadoorie family have sent me news that they intend to abandon the Grand Hotel. It seems that your move, Mr. Bao, has forced them to return to defend the CLP." Robert Kuok laughed. He said that the acquisition of the hotel, coupled with this cooperation with Pao Yugang and Chen Zhiwen, basically shows that he has established a firm foothold in Hong Kong, which is the wish of him or many Southeast Asian Chinese.
Although places like Hong Kong do not reject investment from outside capital, they can only participate in investment. It is difficult to enter the market to participate in the development of some high-quality projects and the operation of specific businesses because the local groups are extremely xenophobic. Even if the Hong Kong government Advocating the policy of free investment, foreign capital came in, but in the end most of them ended up with serious losses for many years.
But this time, Robert Kuok's investment really came into play, defeating the Kadoorie family. At the same time, on the surface, everyone knew that Robert Kuok's operation was in cooperation with Pao Yugang, and in the future Bao Yugang Yugang successfully acquired CLP, then Chen Zhiwen's capital will also enter the Grand Hotel and CLP. In this way, everyone will know that this is the action of three people. With the relationship between these two, the Guo family Capital will flow smoothly and unhindered in Hong Kong.
"Congratulations on the birth of Guo." Chen Zhiwen said with a smile. Originally, he was just planning to pretend to attack the hotel, but Robert Kuok really wanted to acquire it. Now it is a good result. Although it cost a little more, the location of the Peninsula Hotel will not be available until 85 After the real estate bull market starts in 2018, the value can easily increase several times. Generally speaking, it is still a good deal.
"Guo Sheng, I owe you a big favor this time. You have seriously consumed the funds of the Kadoorie family and made my subsequent acquisitions much easier." Bao Yugang said with a smile. If he were facing Kadoorie at his peak now, The Li family may also have a headache. The biggest possibility is that they will fall into a long-term tug-of-war and a large amount of funds will be trapped in the stock market. Unless Chen Zhiwen borrows a large amount of funds from him, but in this case, he will fall into the oppression of huge debts. .
The original plan to acquire China Power was actually a huge risk in itself, but now with the help of a top-level capital, and Chen Zhiwen cheating the other party through Standard Chartered, it was more than half relaxed.
"To each other, if you hadn't suddenly announced the acquisition of CLP, the Kadoorie family would not have given up on the hotel so easily. I still need a fierce battle, so there is no need to thank anyone, just help each other." Robert Kuok said with a smile, This time the two of them cooperated to save each other a lot of money. It was like attacking the same cow. It would be too difficult for a lion to attack and he would be easily injured. But with two of them together, it would be very easy for the cow to attack the head but not the tail. Being taken down, there is no way to say who owes whom.
"Okay, then when I win the CLP, I will throw a big banquet and invite a few of them." Bao Yugang said with a smile.
"Actually, I have to thank Chen Sheng for the trader he hired from the United States. He is really professional and can suppress HSBC and make profits." Kuok Henian said.
"Small banks like HSBC are far behind Wall Street." Chen Zhiwen said with a smile. He had long entrusted American headhunters to recruit people from Wall Street, especially Chinese who could achieve certain results on Wall Street, and directly hired them with higher salaries. Come here and be responsible for the investment of a lot of his capital. After all, based on the memory in his mind, it is impossible to use all his own funds. Some of the funds still need professional financial talents to take care of them.
In the previous acquisition, Chen Zhiwen lent this team to Robert Kuok and asked them to participate in the fight against the profit-making team. The result was naturally a big victory. Although the Kadoorie family also acquired a lot of shares, under many manipulations, I spent a lot of money in vain, which eventually led to problems in my own capital chain.
It can be said that this strong financial team is one of the core reasons for the success of this acquisition.
"A good financial team is indeed powerful, but with the current situation, I don't want to drag it out any longer. It would be too troublesome to get into a tug-of-war. If the Kadoorie family finds other backup, it will be troublesome." Bao Yugang continued.
"HSBC has promised not to interfere in this matter. Are you worried about other British consortiums?" Chen Zhiwen asked.
"They can forget it, but what I'm most worried about is the giant company Mobil Oil. As far as I know, Mobil has also been interested in China Power over the years. They also invested in the Qingshan Power Station together more than ten years ago. If Jiaqing If the truth is introduced to Mobil, then our plan will completely fail." Bao Yugang said.
"The oil crisis has been serious in the past two years, and Mobil has also been greatly affected. It should be less likely to interfere in Hong Kong's affairs, right?" Kuok Henian said on the side. As the richest man in Malaysia, he has been operating in Malaysia for decades. Although he is very concerned about the transportation and oil industries, It’s not a monopoly, but it does involve it. The impact of the oil crisis on the economy is comprehensive, especially for oil refining companies like Mobil. They can’t get enough raw materials and their financial resources are useless.
"It is possible, but I don't want to bet. Now that the Kadoorie family is in a capital chain crisis, I decided to go all out and directly overwhelm the opponent with funds. Otherwise, even if there is a slight possibility, once Mobil ends , then we are completely out of luck." Bao Yugang said.
"That's okay. There is really no need to take this risk." Chen Zhiwen nodded and said. Even he could not compare with the scale of Mobil. Once Mobil entered the market, there would be nothing to play with.
However, he never thought there was such a risk. Obviously, in order to acquire CLP, Pao Yugang had long ago investigated many relationships between CLP and the Kadoorie family, and finally determined that Mobil would be a big risk.
In the afternoon of the same day, Pao Yugang's Global International Shipping Company officially issued an announcement that it would acquire CLP's shares at a price of HK$31.5 per share, a premium of 35%.
As soon as the news came out, the entire stock exchange went even crazier. You know, as the news of Bao Yugang's acquisition came out, CLP's stock has risen a lot, and now it has risen by 35%. This profit is so high that it is enough It makes people crazy. What’s more important is that CLP’s portfolio is much larger than that of big hotels. The previous acquisition of big hotels has already made many investors make a fortune. Now there are obviously more opportunities!
Investors who want to be safe in their pockets have already queued up to exchange money, while some who want to continue betting that the price will be higher in the future are in a wait-and-see state.
"Sheng Bao is really decisive in his work and is better than me." Kuok Henian had to say with emotion when he saw countless people queuing downstairs.
"Strength can produce miracles. In the face of absolute strength, all tricks are useless." Chen Zhiwen smiled and said: "For this acquisition, Mr. Bao sold a large number of old ships in the past two years, plus obtained loans from overseas banks. The funds in it are at least 2 billion Hong Kong dollars. Not to mention the Kadoorie family, which is now greatly weakened, even Jardine will have a headache when facing such an opponent."
In the original history, in order to decisively acquire Wharf, Pao Yugang directly purchased Wharf shares in cash at several times the price, and cut off one of Jardine's hands. The current routine is still the same, but he encountered the Hong Kong government's acquisition Changing the offer in advance becomes a lot of trouble.
"It's just that the loss is too great." Robert Kuok nodded and said. The ultimate purpose of these people's acquisitions using various conspiracies is just to spend less money while the acquisition is successful.
"This is nothing to see. At this speed, the Kadoorie family may have lost the first game before they even reacted." Chen Zhiwen said with a smile.
"I heard that Kadoorie has sent people to Yihe and Taikoo, probably to ask them for help." Robert Kuok said with a frown.
"Taikoo probably won't be involved in this kind of thing. Their family's principle has always been to maintain a neutral position. If it's Yihe, it's possible, but it probably won't be settled so quickly. Newbijian probably still needs to ask Cather for instructions on this kind of thing. The Ke family, as long as Bao Yugang acquires 34.9% of the shares and has a veto power, more than half of the success will be achieved." Chen Zhiwen said with a smile.
As expected, with absolute strength, any strategy is useless. The Kadoorie family has just begun to contact several major foreign banks. Global Shipping announced that it holds 34.9% of the shares of China Power Group and used a veto. power, vetoing the board of directors' intention to increase shares through targeted financing to add other shareholders.
Including Mobil, even if you want to invest, there is no other way.
It’s August 20th.
In a mysterious conference room at the Hilton Hotel, Michael Kadoorie came here with his brother Henry.
Michael Kadoorie met the three people inside, but a young man in the middle immediately made him understand everything. It turned out that behind all this was Chen Zhiwen.
"Mr. Kadoorie, please have a seat." Chen Zhiwen said with a smile.
"Chen Sheng, I have admired you for a long time." Michael Kadoorie calmed down his heart, and then said: "Looking at the postures of the three of them today, Chen Sheng is the one who can speak?"
"No, it was Mr. Bao who acquired CLP. I'm just sitting here in the name of a friend." Chen Zhiwen said with a smile.
Bao Yugang also said: "Mi Gao, it doesn't matter who among us is speaking now. What matters is what do you want to say?"
"Okay, I finally understand. Our Kadoorie family did not lose unjustly." Michael Kadoorie nodded and said. He thought he lost to Pao Yugang and Robert Kuok, but now it seems that Chen Zhiwen is the one behind it. The biggest rival, no wonder Standard Chartered Bank sacrificed itself to deceive their family. Only Chen Zhiwen can give Standard Chartered enough benefits.
"These are the most wealthy Chinese in Hong Kong. Even if they target our Kadoorie family, there is no need to destroy all our family fortunes, right?" Henry Kadoorie suddenly asked.
"Family business?" Chen Zhiwen said with a smile: "The Kadoorie family can achieve the status of one of the top ten families in Hong Kong today. How many other people's family businesses have they destroyed in the past few decades? You have acquired a lot of small Chinese companies, right? ?And a few decades ago, the legal environment was not as good as it is now."
Different from the normal manufacturing industry, the development process of local consortiums in Hong Kong is a history of acquisitions. In this process, some are willing to sell and some are unwilling. However, in the era of British capital, in many cases, small Chinese capital had no choice at all. .
None of the major British consortiums in Hong Kong has a good history. Today's acquisition is nothing more than the law of the jungle in shopping malls.
Henry Kadoorie also fell silent after listening.
"I invited you two to come here today just to end it in a peaceful way. Otherwise, the hotel will serve as a warning. Of course we will also suffer heavy losses, but you will probably suffer even greater losses, and even the entire family may decline. , it is better to accept our agreement now, as long as you give up the management rights now, then in the next six months, we will acquire the hotel and CLP stocks in your hands at a suitable price." Bao Yugang said with a smile.
Although some stocks were acquired at a high price before, after obtaining a veto power, the Kadoorie family had to come to the negotiation table. If this negotiation is successful, you can take over CLP peacefully. In this way, The total cost may be less, otherwise, if the two parties continue to fight fiercely, even if they are sure of winning, they will suffer greater losses.
"What if we don't want to sell, but continue to hold for the long term?" Michael Kadoorie said.
"It's up to you, but we will definitely dilute the shares in your hands. It's hard to say how much you will still have in the future. Moreover, you have lost the right to operate the company. Whether so many banks still accept the loans you used as collateral for these stocks is another question. It’s happened." Chen Zhiwen said with a smile.
CLP itself also holds liabilities, but these are corporate liabilities and do not belong to Kadoorie or Pao Yugang, who will take over in the future. It does not matter who comes and who goes, but personal loans secured by stocks belong to individuals. Yes, even if the stock ratio remains unchanged and the company's market value remains unchanged, a large part of what banks value is whether it has management rights, because there are many tricks here. Everyone in the industry knows that once the management rights are lost, the mortgage value of the stock will It will be greatly reduced.
"Okay, how much are you prepared to pay?" Michael Kadoorie asked.
(End of chapter)
