We're building a super chaebol in Hong Kong

After saying goodbye to Su Cheng, Niu Bijian left in a hurry.

Although he had talked with Su Cheng, and Su Cheng had agreed to acquire their shares if the conditions were met, the outcome was not good news for Niu Bijian.

In reality, Su Cheng was too ruthless in his bargaining.

However, Niu Bijian had no other choice.

Now, he could only tell the board of directors this news, and then the board of directors would hold a meeting to decide whether to trade by voting.

Jardine Matheson was now very eager to sell its Wharf shares; they couldn't wait to turn the shares into cash immediately.

If Wharf was still under their control, they would hold onto the shares even if it was difficult.

However, a listed company not under their control not only caused them heavy losses but also now faced Jardine Matheson's operational difficulties.

In this situation, they naturally chose to sell Wharf.

Keep it and find a chance to take back Wharf?

If it were someone else, they might still believe it.

But now that the one controlling Wharf was the world's shipping magnate, backed by HSBC, they didn't have that confidence.

Although British capital had always looked down on Chinese capital, they knew their own weight.

Watching Niu Bijian's departing figure, Su Cheng smiled, also stepped out of the Governor's Mansion, and asked the driver to drive directly back to the Su family villa.

The next morning, Su Cheng still didn't plan to go out and continued to stay at home.

With two beauties, Ajiao and Amei, serving him, Su Cheng was not bored at all at home.

In a conference room at the headquarters of Jardine Matheson Group, it was already full of people.

The Jardine Matheson board members, numbering more than thirty, were all present, mostly with Western faces.

As the taipan of Jardine Matheson Group, Niu Bijian presided over the meeting.

"Gentlemen and ladies, you all know the reason for today's meeting. Let me repeat it again. Jardine Matheson Group and Hongkong Land Holdings jointly hold 29.87% of Wharf's shares. Since our group's defeat in the last competition, we are now facing operational difficulties. Therefore, after discussion by our Jardine Matheson think tank, the only way to overcome the difficulties is to sell the Wharf shares. Otherwise, we will have to continue selling our premium properties, which is very detrimental to our future development.

However, currently, the only person in Hong Kong or even the world who is most likely to acquire the shares in our hands is Mr. Su Cheng, the current taipan of Hutchison Whampoa. After I talked with him yesterday, he is willing to acquire our Wharf shares, but is only willing to offer HK$500 million.

Therefore, the reason we are holding this board meeting today is to vote and decide whether we agree to this sales plan. When the voting starts, please raise your hand if you agree, and do not raise your hand if you disagree. Our meeting secretary will count the votes.

I would like to emphasize that if we disagree, we can only continue to sell our properties, such as selling our Jardine House, Taikoo Place, Prince's Building, Connaught Centre, and other very important properties in Hong Kong. This can solve our operational problems in a short period of time, but the disadvantage is that our assets will shrink severely.

Among them, Prince's Building is the headquarters of Bao Shipping's Global Shipping Group. Bao Shipping has repeatedly expressed its intention to acquire Prince's Building, but Jardine Matheson has always refused to sell it.

These properties are all located in the most core areas of Hong Kong, and the annual rent is enough for Jardine Matheson to make a lot of money.

That's why Jardine Matheson has always been unwilling to sell these properties.

A hen that can lay golden eggs every year will not be sold by smart people.

Therefore, for Jardine Matheson, they would never sell these core properties unless they were desperate.

Keeping these properties, they can continue to collect high rents every month.

Once sold, they would really be gone.

And the shares of Wharf are no longer so important to them now.

An enterprise that cannot be controlled, holding its shares, the future development direction is unclear, let alone expecting to obtain huge dividends from it.

It was precisely because of this that Niu Bijian deliberately emphasized this matter.

As the taipan of Jardine Matheson, he naturally did not want Jardine Matheson to sell its most important properties.

In the conference room, everyone was talking and discussing.

As board members of Jardine Matheson, they had the pride of their British financial groups.

Many of them were unwilling to sell the shares of Wharf at a low price, but what could they do?

They could only face reality.

Ten minutes later, Niu Bijian looked at the time on his watch and stood up again and said: "Well, now the time has come, everyone starts to vote, please raise your hand if you agree, and you don't need to raise your hand if you disagree."

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After speaking, Niu Bijian took the lead in raising his hand.

As the Jardine Matheson taipan, he had great authority within Jardine Matheson.

Therefore, his raising his hand was considered a leading role.

The actual controlling family behind Jardine Matheson, the Henry Keswick family, also had a representative here.

Last night, after Niu Bijian returned to the family, he immediately contacted the Henry Keswick family in the United Kingdom.

After weighing the pros and cons, he obtained the support of the contemporary patriarch of the Henry Keswick family.

Therefore, after Niu Bijian raised his hand, the Henry Keswick family's representative in Hong Kong also raised his hand.

Some who had already made up their minds also raised their hands.

And some board members who were originally hesitant, seeing that the taipan and the Henry Keswick family supported the sale, they no longer hesitated and directly raised their hands.

Only a small number of people chose to oppose.

Looking at the voting scene, Niu Bijian already knew the outcome.

The general trend is irreversible.

The meeting secretary had also begun to carefully count the number of people one by one.

After a while, the meeting secretary handed the data to Niu Bijian.

"Everyone, I will announce the results of the voting at this meeting," Niu Bijian stood up and said.

Everyone was silent instantly. Everyone knew the results, but the process still had to be followed.

"At this meeting, 38 people should have been present, and 38 people were actually present. The voting results are: 32 people agreed, 6 people opposed. This meeting decided to pass, and the 29.87% shares of Wharf will be sold to Mr. Su Cheng at a total price of HK$500 million," Niu Bijian announced the results of the meeting procedurally.

For Jardine Matheson, a British-funded group, the result of this meeting was shameful, but there was nothing they could do!