We're building a super chaebol in Hong Kong

Half an hour later, Mr. Collis Mitterovich, whom Uncle Chu had mentioned, finally arrived.

This was an old man in his seventies, dressed very formally, with the air of an old aristocrat.

"Mr. Su, I've heard of your name for a long time, and today I finally meet you in person. You are truly young and promising!" Mr. Collis Mitterovich took the initiative to greet Su Cheng.

"Hello, Mr. Collis Mitterovich." Su Cheng nodded, curiously sizing up the foreign old man in front of him.

"Mr. Chu, do you have a private room here? I would like to chat with Mr. Su about some things." Mr. Collis Mitterovich looked at Chu Xuanyu and asked.

"Yes, Mr. Mitterovich, and nephew, please follow me." Chu Xuanyu led them to the door of a room.

"This is a conference room. You two can go in and talk slowly."

"Thank you, Mr. Chu," Mr. Collis Mitterovich said with a smile.

"Uncle Chu, then I'll go in and chat with him first." Su Cheng was also curious as to what this old man, whom he did not know at all, wanted from him.

"Okay, you guys go in and chat. I'll wait for you outside," Chu Xuanyu said with a smile.

Chu Xuanyu was naturally very proper, knowing that others were discussing some business secrets, so he would not follow them in.

The conference room was not large, only about twenty square meters in size, but it contained four sofas that looked very luxurious.

Su Cheng and Collis Mitterovich each casually found a place to sit down.

"Mr. Su, you must be very curious as to why I am looking for you? Please allow me to introduce myself. My name is Collis Mitterovich, and I come from Northern Ireland.

In 1946, I went to Hong Kong from England to do business. Later, in 1958, I became a shareholder of Jardine Matheson Group and joined the Jardine Matheson Board of Directors. In 1962, I became a member of the Hongkong Land Board of Directors.

In 1968, for the development of my family, I returned to England from Hong Kong, and I have stayed in England ever since.

Despite this, I have always retained my position as a director of Jardine Matheson Group and a director of Hongkong Land. Although I have rarely been to Hong Kong since I returned to England, especially as I get older, I rarely care about things there.

So I have plans to clear up the equity over there in Hong Kong. Hearing that Mr. Su has come to England, and Mr. Chu is a business partner of mine, I heard him mention before that you two have a very good relationship, so I took advantage of Mr. Chu's relationship to ask Mr. Su to meet me and see if Mr. Su is interested in the equity of the British-funded enterprises in Hong Kong."

Hearing Mr. Collis Mitterovich's words, Su Cheng thought that it was indeed as he had guessed.

"Don't Mr. Collis Mitterovich's descendants take over the management of the family business?" Su Cheng asked curiously.

"I only have two sons, and neither of them wants to leave England. Their business acumen is also average, so after thinking about it, I feel that it is better to narrow the scope of the industry. Having industries within the UK can guarantee my family's worry-free life for several generations." Collis Mitterovich said with a wry smile.

"What kind of equity does Mr. Collis Mitterovich have in Hong Kong, and how much equity does he hold?" Su Cheng continued to ask.

Hearing Su Cheng's words, Collis Mitterovich was overjoyed, perhaps there was a chance.

"Mr. Su, I own 2.89% of Jardine Matheson Group's stock. When I left Hong Kong, I cleared almost all of my other stocks, leaving only the Jardine Matheson Group shares that I value most," Collis Mitterovich said with a smile.

3.89%? If the deal goes through, it is indeed a big business.

After all, the current market value of Jardine Matheson is almost 20 billion Hong Kong dollars, which is equivalent to a market value of more than 700 million or even 800 million Hong Kong dollars.

In the future, when the cross-holding plan between Jardine Matheson Group and Hongkong Land Group is completed, he plans to indirectly control Jardine Matheson Group through Hongkong Land. If he can increase more Jardine Matheson Group shares, then his chances of success in controlling the two major British firms in the future will be higher.

"Since Mr. Collis Mitterovich wants to sell shares, why don't you look for people from your British consortium? I think someone should be interested, right?" Although Su Cheng was already very interested in this stock, he still asked curiously.

Aren't they afraid that Jardine Matheson and Hongkong Land will be secretly controlled by Chinese consortia like Wharf and Hutchison Whampoa?

"Mr. Su, you don't know, it's not that I didn't release the news that I planned to sell equity. I even chatted privately with the current helm of the Keswick family. However, they were not at all interested in my shares, and even persuaded me to hope that I could retain the equity.

3.89% of the equity is not a small amount. Selling through the stock market also takes a very long time, and the stock market price is now fluctuating, and you can collapse the stock price if you are not careful.

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So when I learned that Mr. Su had come to England, I planned to see if Mr. Su was interested in the Jardine Matheson shares in my hand. If Mr. Su is interested, I am very happy to sell the shares to you," Mr. Collis Mitterovich said the reason.

Su Cheng nodded and sat on the sofa to think.

Don't look at the Keswick family as the actual controllers of Jardine Matheson Group, but in fact, the Jardine Matheson Group shares they hold are only between 10% and 15%.

The reason why the Keswick family can become the head of Jardine Matheson Group is because their family is not only the largest shareholder of Jardine Matheson Group, but also has the support of other British consortia.

Su Cheng secretly investigated that all the Jardine Matheson Group shares controlled by British and American consortia are around 40%. As for Chinese consortia, before Su Cheng had any ideas about Jardine Matheson Group, no powerful Chinese consortia owned Jardine Matheson Group shares. In other words, about 60% of the shares are in the hands of retail investors.

Retail investors can never unite. Their 40% of the shares can naturally easily control Jardine Matheson Group.

Affected by the uncertain factors in Hong Kong in the future, these British consortia are actually in a very awkward situation.

They neither want to increase their shareholding, nor do they want to continue to control Jardine Matheson Group and its affiliated Hongkong Land, and they have always been guarding against Chinese consortia.

Su Cheng quickly figured out the contradictions of these British consortia. These people's minds are really complicated.

If Su Cheng takes this 3.89% of the stock, it will be equivalent to reducing the Jardine Matheson Group stock controlled by the British consortium to more than thirty points, which is equivalent to reducing the difficulty for Su Cheng to control Jardine Matheson Group in the future.

(End of this chapter)