Chapter 392 This is just the beginning

On November 11, Swire Properties took out a full-page advertisement in the newspaper announcing its acquisition victory, and announced that it had acquired 30% of the shares of Dairy Farm.

In just one month, the Hong Kong Land Development Company acquired the Dairy Farm Company, which was worth more than 20 billion Hong Kong dollars, by printing stocks without spending a penny.

This acquisition battle will be engraved in the history of stocks.

On December 12, Hong Kong Swire announced that it had acquired 15% of the shares of Dairy Farm. According to Section 90 of the Hong Kong Companies Law, it would make a compulsory acquisition of the remaining small shareholders before April 168, 1973.

Dairy Farm’s listing status was revoked.

All retail investors are cheering and waiting to get rich, whether they have previously held Dairy Farm shares and registered to exchange them for 2 shares of Hutchison Whampoa shares, or have previously held Hutchison Whampoa shares and exchanged 1 share for 5 shares.

Only 40 days later, in February 73, after the new shares of the Hong Kong Land Company were ex-divided, that is, after the equity of Hong Kong Land was removed at the end of the year, could new Hong Kong shares be exchanged.

But can we just follow their wishes?
The banquet hall on the third floor of the Peninsula Hotel was full of colors and the sound of glasses. Men of all ages were neatly dressed, and women of all ages, beautiful and ugly, had their eyebrows and hair painted, looking charming and graceful.

This is where the Hong Kong Land Group held its celebration party.

It's not just the Hong Kong Land Group, but also the executives of Jardine Matheson, Swire, Wheelock, Hutchison and other foreign companies, HSBC, Standard Chartered Bank, and even the representative of the Governor of the Hong Kong government, all of them had rosy faces and looked radiant.

Those outside who don’t know think that this is the British investors in Hong Kong celebrating their victory in harvesting Chinese investors.

If Wang Deming had not been there, that is how they would have celebrated.

"Mr. Madden," Niu Bijian drank a lot of wine tonight. Besides, people get drunk even if they don't drink. He was a little drunk and hugged John Madden, the boss of Wheelock & Co., "You have to thank me."

"If it weren't for the acquisition of Dairy Farm by Hong Kong Land that attracted everyone's attention, how could you have acquired Federal Land without saying anything?"

"Haha!" John MacDeng was so proud of himself after hearing Niu Bijian's compliment that he laughed loudly, "Niu Bijian, after this acquisition of the dairy company, you are the most valuable boss in Hong Kong, no, in the whole of Britain!"

"What else do you need? The properties under Wheelock are far inferior to those of Hong Kong Land."

Niu Bijian looked towards Henry Joseph in the middle, not hiding his intention at all: "Of course, what I want most is the position of the boss of Jardine Matheson!"

He narrowed his eyes, as if he was disappointed with his failure. "This year, there is such a good opportunity to harvest. You, me, and Hutchison Qi Dezun have acquired Huangpu Dockyard, but what about Jardine Matheson?"

"Where's Josek? He's just a fool!"

"With Wharf Holdings in hand, they didn't even buy back other Hong Kong shipyards this time, but instead focused on chain hotels and chain markets!"

Niu Bijian's words became more and more harsh, "What a complete idiot!"

John MacArthur looked at Niu Bijian with an unnatural look in his eyes. "Well, you can't say that. Jardine Matheson's Chater House and Jardine House in Central are both top-quality assets. As long as he continues to control Central, he will be invincible."

"Alas, I just feel it's a pity to miss such a good opportunity!" Niu Bijian sighed, and then asked casually: "Mr. Madden, I heard that Wheelock Shipping Company is going to form a new joint venture with Mr. Bao's Universal Shipping?"

“Wheelock holds 51% of the shares?”

"Oh, you are well-informed? That's right, Mr. Bao, HSBC's Sanders and I talked about shipping in Hong Kong last time, and we think we can definitely join forces." John Madden couldn't hide his pride in the corners of his eyes: "Sanders has promised to lend 10 billion Hong Kong dollars to our new company."

"Then we can phase out the old ships and replace them with new 10-ton tankers and cargo ships."

"Pa pa!" Niu Bijian clapped his hands gently. "Mr. Maden, Wheelock can only develop better under your control!" "But why did I hear that Zhang Yuliang's Zhang family now owns more shares in Wheelock than you? It seems that they have a lot of ideas."

"Tsk!" Little Madden laughed disdainfully, "Niu Bijian, you have to know that Hong Kong belongs to us British people, not to the Chinese."

"So what if they have a lot of shares? They only have the right to dividends."

"Haha, that's right!" Niu Bijian laughed. He saw Qi Dezun from Hutchison Whampoa walking towards them. "Mr. Qi Dezun."

"What are you two talking about? You look so happy." Qi Dezun picked up a glass of champagne.

Niu Bijian also picked up a glass of champagne and raised his eyebrows: "Of course it is our harvest of Chinese wealth this time!"

"Haha," Qi Dezun shook his head gently, "Niu Bijian, business is just business. Hong Kong would not have developed so fast without Chinese capital."

“It wouldn’t make us that much money.”

"Of course, but if you, Mr. Qi Dezun, hadn't gone to the UK to negotiate the export share of textiles, there would be no Hong Kong today. All Chinese businessmen have to thank you!"

"Hey, it's all for the development of Hong Kong."

Niu Bijian saw Henry Joseph coming over and snorted, "Mr. Madden, Mr. Qi Dezun, I have to leave for a while."

He greeted the people attending the celebration party along the way and left the banquet hall.

A presidential suite in the Peninsula Hotel. This suite has been booked by Mr. Shao all year round. Before the Mandarin Oriental Hotel of Jardine Matheson was built, Henry Joseph also had a presidential suite here that he booked all year round.

This is also a symbol of one's status.

The reason why Mr. Shao has a presidential suite here all year round is, of course, because he likes to have afternoon tea on the second floor of the Peninsula Hotel.

When I meet some actresses and want to take the next step, I can go upstairs to read the script or watch a movie together.

Mr. Shao still likes reading scripts and watching movies.

It’s just that Mr. Shao is not here today, but Wang Deming has borrowed it specially.

When the butler of the presidential suite opened the door, Wang Deming was sitting in the living room reading a newspaper. On the TV behind him, the female host of Rediffusion was seriously analyzing the case of the milk acquisition by Swire Properties.

What about the price-earnings ratio, the net profit after the stock is ex-rights, and the profit after the milk company built buildings on several pieces of land? In short, the acquisition of Dairy by Swire Properties is a good deal.

As for the Zhou Xinian family that originally controlled the milk company, who cares.

A lean camel is still bigger than a horse. No matter what, as one of the four major families in Hong Kong, they will not be short of money, but they will not be rich.

"Mr. Wang!"

Niu Bijian stood in front of Wang Deming in an orderly manner, with a clear expression and no trace of drunkenness on his face.

(End of this chapter)