Chapter 254: 9 Longcang has absolute control? At least more than half of the shares!
Chapter 254: 9 Longcang has absolute control? At least more than half of the shares!
"Sir Bao bought 10% of the shares at once, so how could Jardine Matheson not buy them?"
"We don't know exactly how many shares Jardine Matheson currently owns, but 6% is the most conservative scenario."
Chen Wen said directly without any hurry.
That’s right! Jardine Matheson did announce the sale of 2,000 million shares this time, and Sir Bao also received a lot of shares from it.
But what about the rest?
Issuing the announcement one hour in advance is simply to make things convenient for Jardine Matheson.
Therefore, what Jardine Matheson has in its hands now is by no means a small amount.
It is for this reason that Chen Wen directly transferred 6% of his shares to Sir Bao in an effort to be safe.
"Why does Mr. Chen want me to be the largest shareholder so much?"
After thinking for a moment, Sir Bao spoke directly.
Sir Bao's worry is not without reason.
After all, Chen Wen and Sir Bao had already agreed to work together to deal with Jardine Matheson.
But in this situation, even Sir Bao felt that it would be a beautiful ending for each of them, but he never expected that it would be Chen Wen who would succeed Longfeng International.
This is indeed a bit unexpected!
"I don't want to deal with those foreigners either. Since Sir Bao is interested, I have no reason to suppress his enthusiasm."
"To be honest, I just want Wharf Holdings to return to the hands of the Chinese people."
“But do you think that we have unknowingly acquired so many shares in Wharf Holdings, and that Jardine Matheson can only be bullied?”
Chen Wen analyzed the situation in an orderly manner directly to Lord Bao in front of him.
There is no doubt that just from the tone of his voice, it can be heard that Chen Wen has another worry.
And this concern also comes from Jardine Matheson.
That’s right! Chen Wen’s shares plus the shares currently held by Lord Bao, the two together have reached 46%.
Jardine Matheson originally held 20%, and with this acquisition it is only about 22%.
In other words, according to the current shareholding situation, most of the shares are already in the hands of Chen Wen and Sir Bao.
Will Jardine Matheson really just sit there and wait for death like it did before?
Obviously, even if Jardine Matheson agreed, the British Empire Group behind it would never agree.
"Jardine's current firepower is in the hands of Mr. Chen."
"He transferred another 6% of the shares to me at this time. Does Mr. Chen mean that he wants me to continue to use retail investors to buy shares?"
"Before Jardine discovered it, you held more than 30% of the shares and became the largest shareholder?"
After hearing Chen Wen's words, Sir Bao responded immediately.
That's right! The shares they hold now are just major shareholders.
If two people hold more than half of the shares, they will have absolute say in the shareholders' meeting.
Even Jardine Matheson has to admit defeat.
In the eyes of Sir Bao, this act was undoubtedly the craziest.
The amount of money that will be spent on this is more than just a few hundred million. It can only be said that it is by no means a small amount.
For a moment, Sir Bao seemed to understand why Chen Wen let him join the game.
What is there to preserve the glory of Xin Hongxing Properties?
The real purpose is to completely take over Hutchison Whampoa from the British Empire Corporation.
“How can 30% be enough?”
"The 6% of shares transferred to you are just your assets. I think you can double the value of these shares."
"Don't be too touched, Lord Bao. The reason I spend so much time and effort on you is that I am trying to protect myself in various ways."
Chen Wen said directly to Lord Bao in front of him with a smile on his face.
As the rumors say, if Hutchison Whampoa has always been in the hands of these British conglomerates, then they can do whatever they want.
Just like this time, the increase in market share will dilute Chen Wen’s shares.
If there is a first time, there will be a second time, and a few consecutive times will dilute the shares held by the cost completely.
Therefore, in the previous negotiation, they only wanted Chen Wen to stop the acquisition, rather than asking Chen Wen to give up his shares.
It’s because they are confident that they can kick Chen Wen out.
But what they never expected was that Chen Wen would bring Sir Bao into the game at this time.
Even tens of millions were sacrificed to buy Sir Bao an admission ticket, which seemed to be beneficial to Sir Bao.
In fact, once Sir Bao gained control of Hutchison Whampoa, how could he allow himself to be manipulated by others?
Increase market share? Insider trading? Not happening!
"Mr. Chen is really a great talent. Every time I talk to you, I will gain something."
"However, the three of us together have already reached 60%. How can it be easy for me to exceed half now?"
"Mr. Chen, are you being too optimistic about this matter?"
Even Sir Bao was impressed by Chen Wen's grand blueprint.
That’s right! The shares held by these few people have reached about 66%.
That is to say, in addition to these three major shareholders, there are still 34% of the shares on the stock market.
Now, if Sir Bao wants to hold more than half of the shares, he must continue to acquire 28% on the existing basis.
In other words, it is almost equivalent to acquiring all of the few shares currently on the market.
Not to mention that this situation is almost impossible.
Will Jardine Matheson really just sit there and watch like a fool if they continue to make acquisitions?
This is naturally impossible!
It is for this reason that Sir Bao feels that Chen Wen’s statement is too idealistic.
"It's really not an easy task, so I chose Sir Bao to work with me."
"Sir Bao, are you thinking of quitting now?"
Chen Wen continued talking to Sir Bao.
However, the tone of his speech seemed to irritate the other party.
Of course, this is only in the eyes of outsiders. Sir Bao doesn't take these things seriously at all.
At that time, he was already fully focused on the acquisition of Wharf Holdings shares.
After all, this is not an easy battle to fight, but if this battle is really won, then Hutchison Whampoa’s business will be in hand.
Not to mention other things, even the control of the British consortium on the docks may be relaxed.
This is definitely a profitable business.
"If I withdraw at this time, won't all my previous efforts be in vain?"
"I'm just wondering how I can achieve Mr. Chen's request."
Sir Bao agreed very readily.
Obviously, he had agreed to continue controlling Hutchison Whampoa with Chen Wen.
"As long as Sir Bao doesn't back down, the rest will be left to time."
"We tried every possible way to acquire shares, but some people were trying to prevent us from taking the shares."
"Then our competition is about who can calm down. People who are anxious are bound to make mistakes."
Chen Wen said this as if he had already taken control of Hutchison Whampoa.
There is no doubt that Chen Wen is a person who thinks three steps ahead. At that time, he had already anticipated the next move of Hutchison Whampoa.
However, Sir Bao in front of him has not realized this yet.
"Then we'll just wait for the right time."
Sir Bao replied immediately.
"Of course, but before I wait for the right opportunity, I would like to introduce a friend to Sir Bao."
Chen Wen continued with a smile: "This friend is also in the transportation business and wants to discuss something with Lord Bao."
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