Reborn Tycoon Rise

Chapter 422 Temptation (2)

Niubijian frowned, then immediately returned to normal, and said: "Xu Sheng was joking, although the scale of Yihe is not small, the cooperation between Land and Carin this time is worth billions of Hong Kong dollars, and the losses are also very heavy.

The purpose of inviting Xu Sheng here this time is to discuss the restructuring of the debt issue in the joint project between Land and Carinth. I hope Xu Sheng can support this. Otherwise, if Land really has a problem, it may be difficult to recover the loan from the Bank of East Asia smoothly. . "

Niubijian said it very casually. He was seeking cooperation in the front, but a small threat came later. With the size of Bank of East Asia, if it really loses several billion, I am afraid there will be big problems, even if Xu Zhi himself can inject capital. The cost of stopping it is also very high.

A lot of debt means no worries. This saying applies everywhere. For a large company like Jardine Matheson Group, it doesn’t matter whether the government will let it fail. Even its creditor banks will not force the company to die at will.

The first is because if a large debt company really fails, then all the bank's debts will immediately become dead debts. Only if the debt company is alive can it hope to come back to life.

The second is the issue of reputation. Banks also do business and have many partners. If one of the partners has just encountered some difficulties, your creditor bank will go to court to force the other party to repay the debt. This will have a negative impact on the bank in the future. Business is very unfriendly.

For example, the current Orient Overseas Company of the shipping king Dong family has liabilities of more than 1.4 billion US dollars and total assets are far from enough. However, Tung Chee-hwa still persuaded 17 creditor banks to restructure their debts, and also persuaded several of these banks to lend to Orient again. Overseas, apart from Tung Chee-hwa's powerful persuasion, the most important reason is that these creditor banks are not willing to go too far, otherwise, it is very likely that everyone will lose everything.

Of course, if this company reaches the end of its rope, or is a fraudulent company like Jianning, then it doesn't matter. Any bank can do its best to collect debts and recover whatever cost it can.

Xu Zhidao: "The Bank of East Asia is naturally willing to help customers get out of financial difficulties, but only when it is unable to do anything. I don't think the current Jardines are at the end of their rope!"

Niubijian said: "Xu Sheng, the current external debt of Real Estate has reached 18 billion Hong Kong dollars. The whole of Hong Kong knows this. Such a huge debt, coupled with the plummeting land prices in Hong Kong in the past year, has reduced rental income.

Xu Sheng, you also have a real estate company, you should understand what I mean. "

"Land's debt is indeed very heavy, but it is not without solutions. Currently, Land owns 12 buildings in Central, as well as some office buildings, hotels and other properties on the Kowloon Peninsula, as well as countless other land and villa areas. , if Land sells just a few items, even if it cannot pay off all the debts, I think the problem can be solved in the short term. "Xu Zhi said with a smile.

Niubijian frowned and said: "Xu Sheng is joking. The properties under Landmark are the foundation of the entire Landmark and will not be sold casually. Besides, even if you want to sell this kind of Grade A office building in Central, even if the current price is cheaper than before , who can afford to buy an entire building, there are not many people in Southeast Asia who can afford to sit there.”

Xu Zhi shook his head and said: "That's not necessarily the case. Recently, Huang Ji and Evergrande have some spare money. If there is a Central Building for sale, I think they will be very interested in learning about it."

"So, this is Xu Sheng's purpose?" Niubijian looked at Xu Zhi's cheek and asked with certainty.

Xu Zhi shrugged and said, "No, this is just a transaction. If you don't want to, forget it."

Of course, Niubijian would not believe Xu Zhi's words so easily, but after all, he was asking for help at this moment, so he asked: "Mr. Xu, let's discuss how to cooperate!"

Xu Zhi still said in the negative: "I still said that, neither Yihe nor Land is at the end of its rope. At present, you still have the ability to save yourself by yourself, so I will not help. All debts owed The loan must be repaid on time according to the contract.”

Newbijian and Bao Fuda looked very ugly and asked fiercely: "It seems that Xu Sheng is determined to acquire some of the Central Buildings owned by my Land?"

"The assets of Jardine Matheson Group are not limited to these buildings in Central." Xu Zhi smiled and said: "South Africa's Leilis Company, Golden Gate Construction, Hawaii's Dai Huisi, and Indonesia's PT Group, these are all good assets.

Jardine Matheson is unwilling to sell real estate in Xiangjiang. Could it be that these overseas assets are also unacceptable? If these assets are sold off, I think it will be enough to solve Jardine's current financial problems, right? "

"Xu Sheng investigated very carefully." Newbijian said calmly, but he was shocked in his heart. As early as the 1950s, after Jardine's 10 million pounds of assets in the mainland were wiped out, the painful lesson made the entire Jardine The top management of the He Department decided to implement the strategy of making money in Hong Kong and developing overseas.

It’s just that over the years, the land that Xiangjiang previously hoarded has become more and more valuable, while the scale of overseas assets has shrunk sharply due to a large number of failed investments. However, after all, it is the result of decades of development of China’s Jardine Matheson Group, and there are still some rich assets. of.

What Xu Zhi just mentioned is exactly the several larger branches of Jardine overseas.

"Jihe Group is a global company, and we will not sell overseas companies." Niubijian frowned and replied. Although the scale of overseas companies is far smaller than that of Jardine Matheson Headquarters and Land Group in Xiangjiang, they are It is a guarantee of asset diversification.

Xu Zhi waved his hands and said in a cold voice: "I won't do this or that, and just come over and ask me to cut the interest rate or delay the loan repayment. If this is feasible, then who will blame my bank for the losses?"

"Xu Sheng, then open the sky and tell the truth. Which asset of the Jardine Department do you like? Let's talk openly and honestly." Niubijian was silent for a while, then took a step back and said.

Although Land's assets are the core of the entire Jardines Group, they are not unsaleable. After all, the Jardines Group has reached its most dangerous moment now, and this is not the first time that Landmark has prepared to sell assets. Back then, Bao Yugang competed for Wharf. At that time, Niubijian also met with him to discuss a peaceful solution. The condition proposed at that time was to exchange part of Land's assets for the Wharf equity in Bao Yugang's hands. However, Bao Yugang made too many demands, and in the end it was not possible. Let it go.

"Okay, in that case." Xu Zhi paused and smiled: "Then if what I want is the entire Land, I don't know if you two can make it happen for me!"

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