Chapter 381 No turning back arrow
Newwall firmly believes that this dangerous feeling is not mediocre, but comes from the most keen intuition that he has trained in decades of experience in shopping malls. ⊙,
Especially in the past ten years, he has climbed to the top of Xiangjiang society, his vision has naturally changed with his status and has broadened a lot.
Qinhe’s acquisition method of throwing out a share swap program naturally reminds New Bijian of the process of the successful and forcibly acquired Dairy Company between 1972 and 1973.
The milk company back then can only be said to be “everyone is not guilty, but they are guilty of their crimes.” It has ice factories in Pokfulam Ranch, Causeway Bay, Kwun Tong and other places, and it occupies a large area.
At that time, it was in the frenzy stage of the real estate industry. Therefore, various consortia focused on these land with great appreciation potential and tried to acquire the landlord milk company.
In response, Dairy Farm stated that it would not accept acquisitions or develop real estate on the grounds of maintaining the ancestral business.
On October 30, 1972, Land Land formally proposed to acquire the shares of Dairy Company. They exchanged two shares of RMB 5 in cash for a share of RMB 7 and 50 in the hands of the shareholders of Dairy Farm. The chairman of Dairy Company Zhou Xinian responded with refusal. .
Land Land refused to let go, so the largest acquisition war erupted between the two parties since the opening of Hong Kong, the so-called “Land Land Drink Milk” incident.
In order to maintain control of the dairy company, Zhou Xinian bought the shares of the dairy company to increase his shareholding.
In the fierce competition, the milk company’s share price soared to a historical high of more than 200 Hong Kong dollars.
But even so, it couldn’t stop Land Land’s annexation of Dairy Company, and it launched an amazing “share swap” plan. That is, five new shares will be given for each share of Hongkong Land. Lure_to induce the milk company shareholders to give up their stocks.
With increasing pressure. The Dairy Company had to change its original position and enlisted the assistance of Wang Dehui’s Chinachem Real Estate to propose a plan for cooperative real estate development, hoping to gain shareholder support.
At the same time, the two sides launched an advertising war in the newspaper, which suddenly became the focus of the entire market.
It is not difficult to imagine, compared with Land, which is already the largest real estate company in Hong Kong. Zhou Xinian’s milk company and Wang Dehui’s Chinachem are also not dominant together. Their cooperation plan simply cannot prevent shareholders from taking stocks to Land for exchange.
In the end, this battle ended in December 1972.
Land has won a big victory, successfully acquiring 80% of the shares in Dairy Company, and controlling Dairy Company and its subsidiary Wellcome and other companies. However, Zhou Xinian had no choice but to resign as chairman of the company.
If there is any difference between Qinhe and the original Land, it is that the exchange of technology stocks is more attractive and lethal.
After anticipating that the situation began to develop in a direction that was not conducive to Land and Jardine, New Bijian decided to find a channel for reconciliation between the two parties, but this matter should not be promoted. He had to do it himself.
After careful consideration, Niubijian decided to find the charter king to be the middleman. Although the two sides had a lot of grievances in the Wharf battle in the previous year, the shopping mall is the ecology, and things have already passed. On the surface, you must always pay attention to demeanor, not to mention that you are the loser.
When it heard that this was the case, the charter king immediately kicked Tai Chi, he didn’t want to wade into the muddy water.
“Ming people don’t talk secretly. When fighting for control of Wharf, Tang Huan definitely took the opportunity to buy low and high land to make a fortune from the market. In the end, he didn’t choose to land but you were the taker. He wanted to talk about you. It doesn’t matter, it’s definitely untenable.” Niu Bijian also tried his best, and he did not hesitate to uncover his scars.
“After all, there is a generation gap between me and him for several tens of years. The relationship is really not as close as you said.” The charter king said haha, “Maybe just these young people, and have more contacts with him.”
New Bi stubbornly endured the intense discomfort caused by the begging of others, and asked without moving: “That’s okay, ask your son-in-law to help spread a message, as long as Tang Huan is willing to stop this. In a hostile takeover, I can give up Xiangjiang Telephone or Xiangjiang Electric.”
If you don’t even help with the simple task of the microphone, then the face is too unjustifiable. The charter king immediately found Wu Guangzheng, made a solemn gesture, and ordered a few words.
When Wu Guangzheng came to Tang Huan and relayed the words, Tang Huan snorted disdainfully, “Should I use him? Wouldn’t I reach out and take it by myself.”
“I knew that you were not willing to give up.” Wu Guangzheng laughed, “Take these words back, and I’ll have a deal.”
…
After being relentlessly rejected by Tang Huan, Niu Bijian was not discouraged. He had anticipated this result from the beginning, so he implemented the second set of plans.
In the colonial era of more than 100 years, Jardines has always maintained a pivotal influence on the politics and economy of Hong Kong, and its large classes have long occupied the top positions of unofficial members of the Executive Council.
With this advantage, New Bijian found the outgoing Hong Kong Governor MacLehose very easily. Of course, his lobbying this time cannot be as straightforward as that of the charter king, but rather skillfully proceed from the overall situation.
“At present, the overall performance of Xiangjiang’s stock market is worrying, and Tang Huan has used the superior capital gathered from the United States to stir up trouble in Xiangjiang, which is really messy.”
Speaking of this, New Bijian made a pitiful expression, “Tang Huan’s attempt to buy Land Land, which caused the stock market chaos, reminds me of the big stock market crash in 1973. At that time, Land Land forcibly purchased Dairy Company. It triggered frantic speculation in the stock market, coupled with the deterioration of the external situation, and finally the stock market crashed.”
Newwall shook his head and sighed, “Landland did not expect at the time that an ordinary commercial forcible acquisition would turn out to be the fuse of the stock market crash. It is really heartbreaking. Today’s situation, and It was too similar back then, I can’t help but prevent it.
MacLehose listened carefully to New Bijian’s analysis, and nodded his head with deep conviction. The big stock market disaster happened during his tenure, and he couldn’t help but remember it fresh. Although pursuing the so-called “positive non-intervention” policy, it depends on what circumstances.
Moreover, MacLehose believes that his career as a Hong Kong Governor for more than ten years has been very successful. He doesn’t want to leave office. Another stock market crash occurred. Draw an incomplete period.
“The takeover and anti-takeover battle that occurred between you two really shouldn’t last a long time, but I heard that this was caused by a rift. I am afraid it will not be so easy for Tang Huan to stop.”
MacLehose looked at Niu Bijian expectantly. Since the other party came to the door actively, he must be prepared.
“Landland is willing to make the most sincere concession. He chooses the shares of HeungKong Telephone or HeungKong Electric Light.” New Bijian replied awe-inspiringly.
“Since you are so thinking about the overall situation, then I will come forward to coordinate.” MacLehose nodded in satisfaction, “I think mainland China is not willing to see the Xiangjiang stock market crash. It is better to invite the Xinhua News Agency Xiangjiang Branch to come. , Tang Huan was born in the mainland, maybe it will play an unexpected role in promoting it.”
New Bijian nodded in agreement, what he wanted was this kind of suppression from the Hong Kong government. Humph, it’s not soft. Then come hard.
…
When Tang Huan appeared at the banquet hosted by MacLehose, it immediately became the focus of attention. Gein rarely participates in such activities in Xiangjiang. In addition, the recent frequent disturbances are so loud that he has long become the center of discussion in the streets.
Everyone is secretly watching whether Tang Huan will meet with the other side of the war—Jihe Chairman Niu Bijian; if they do, then what will happen between the two sides.
Obviously, the sword, light and sword shadow that everyone was expecting did not appear. They didn’t know that MacLehose was creating conditions for the two to make peace, and the script would not take into account the tastes of these audiences.
Tang Huan saw that there was indeed a persuasive scene at the banquet, so he laughed and pretended to be confused.
First, the diplomatic rhetoric of the Xiangjiang branch of Xinhua News Agency, and then MacLehose’s worries, it was nothing more than persuading Tang Huan to stop, so as not to cause violent turbulence in the Xiangjiang stock market. The stock market crash in 1973 was a warning. At present, Xiangjiang is at a loss for the future, and it is really not suitable for trouble.
“If you persuade you to persuade it, you even put a hat on it.” Tang Huan was unhappy, thinking about the economic chaos in the original time and space during the Sino-British negotiations. Maybe somebody caused it.
“If my memory serves me correctly, the last big move of Land forcibly acquired Dairy Company was announcing a one-off five bonus shares.”
Speaking of this, Tang Huanuo smirked, “Unfortunately, this move is a deceptive digital trick, bullying stockholders who don’t understand the stock market, and there is no concept of’ex-dividend’ or’ex-rights’, and finally the collective play collapsed. ”
“Compared with this, my share swap plan is simply a kind of welfare. It can definitely withstand the postgraduate entrance examination. This can be seen from everyone’s active participation.” Tang Huan glanced at the people around him, “This is the same as that of the past. Land Land finally took advantage of the stock market crash and took down the Dairy Company without a glove. There is a fundamental difference.”
“If you have to get in touch with that stock disaster…” Tang Huan sneered, “Then I can only say one thing, you are too dear to me.”
Seeing that he choked his head and smiled bitterly at the person trying to persuade him, Tang Huan stopped paying attention to him, but turned his gaze to Niu Bijian, “You should have heard of what it means to open a bow without turning back arrows. Now the arrows have all flown out. , But you ran to make peace. It’s too trivial. I’m really embarrassed, I can’t do it.”
Seeing that his plan failed again, New Bijian couldn’t help but become angry. “You are so sure that you will be the winner?”
“Your attitude of asking for peace proves that the possibility is extremely great from the side.” Tang Huan replied on the ground, then turned around and said: “Actually, your current situation in Yihe is not easy, you need to face it. Internal power struggle. Instead of being so stubborn, it’s better to change the boss. I have always been kind to my subordinates.”
A persuasion for peace suddenly turned into a persuasion for surrender, and Niubijian could no longer sit still.
At that time, it was in the frenzy stage of the real estate industry. Therefore, various consortia focused on these land with great appreciation potential and tried to acquire the landlord milk company.
In response, Dairy Farm stated that it would not accept acquisitions or develop real estate on the grounds of maintaining the ancestral business.
On October 30, 1972, Land Land formally proposed to acquire the shares of Dairy Company. They exchanged two shares of RMB 5 in cash for a share of RMB 7 and 50 in the hands of the shareholders of Dairy Farm. The chairman of Dairy Company Zhou Xinian responded with refusal. .
Land Land refused to let go, so the largest acquisition war erupted between the two parties since the opening of Hong Kong, the so-called “Land Land Drink Milk” incident.
In order to maintain control of the dairy company, Zhou Xinian bought the shares of the dairy company to increase his shareholding.
In the fierce competition, the milk company’s share price soared to a historical high of more than 200 Hong Kong dollars.
But even so, it can’t stop Land’s annexation of Dairy Farm. It has launched an amazing “share swap” plan, which is to give out five new shares for each share of Land’s stock to lure the Dairy Company’s shareholders to give up their stocks.
With the increasing pressure, Dairy Farm had to change its original position and enlisted the assistance of Wang Dehui’s Chinachem Real Estate to propose a cooperative development plan for real estate, hoping to gain shareholder support.
At the same time, the two sides launched an advertising war in the newspaper, which suddenly became the focus of the entire market.
It is not difficult to imagine that, compared with Land, which is already the largest real estate company in Hong Kong, Zhou Xinian’s Dairy Company and Wang Dehui’s Chinachem together do not have an advantage. Their cooperation plan simply cannot prevent shareholders from taking stocks to Land for exchange.
In the end, this battle ended in December 1972.
Land has won a big victory, successfully acquiring 80% of the shares in Dairy Company, and controlling Dairy Company and its subsidiary Wellcome and other companies. And Zhou Xinian had no choice but to resign from the chairmanship of the company If Qinhe is different from the original land, it is the exchange of technology stocks, which are more attractive and attractive. Lethal.
After anticipating that the situation began to develop in a direction that was not conducive to Land and Jardine, New Bijian decided to find a channel for reconciliation between the two parties, but this matter should not be publicized, and he had to do it himself.
After careful consideration, New Bijian decided to find the charter king to be the middleman. Although the two sides had a lot of grievances in the Wharf the year before, the mall is the ecology, and things have passed. On the surface, you must always pay attention to demeanor, not to mention yourself. It is the loser.
When it heard that this was the case, the charter king immediately kicked Tai Chi, he didn’t want to wade into the muddy water.
“Ming people don’t talk secretly. When fighting for control of Wharf, Tang Huan definitely took the opportunity to buy low and high land to make a fortune from the market. In the end, he didn’t choose to land but you were the taker. He wanted to talk about you. It doesn’t matter, it’s definitely untenable.” Niu Bijian also tried his best, and he did not hesitate to uncover his scars.
“After all, there is a generation gap between me and him for several decades. The relationship is really not as close as you said.” The charter king slapped (to be continued…) u. Yi. Look. Xiao. Say.