Mandarin Oriental Hotel Group is one of the representatives of high-end hotels in Hong Kong and one of the oldest hotels in the world, with a century-old history.

At present, Mandarin Oriental Hotel has opened a total of 16 high-end hotels in more than a dozen regions including Hong Kong, Siam Bangkok, Bay Area, Ao Island, Lion City, New York and San Francisco.

Among them, there are three hotels in Xiangjiang, which can be said to be the largest five-star high-end hotel group in Xiangjiang.

Wellcome, established in 1945, has been forty-six years now. It is the largest supermarket chain in Hong Kong, with a total of 79 stores in Hong Kong.

It shares 80% of the market in Xiangjiang with Parknshop Supermarket.

Parknshop Supermarket is one of Li Jiacheng’s retail supermarkets. Together with Watsons, it has become the core pillar of Li Jiacheng’s retail business.

PARKnSHOP currently occupies the land where Hutchison Whampoa, owned by Li Jiacheng, opened, and has been developing vigorously.

But compared to Wellcome, which has already matured and played its models to the extreme, PARKnSHOP is indeed a bigger competitor.

There is a certain gap between the two. Currently, PARKnSHOP has more than 50 brands, but in terms of geographical area, it is still far behind Wellcome.

Wellcome’s main stores are located in the more prosperous areas of Hong Kong Island and Kowloon.

PARKnSHOP is a property developed in the New Territories and by Li Jiacheng’s Hutchison Whampoa.

The location is far off, but it is still the second largest retail giant in Xiangjiang, even surpassing chain stores such as 7-11.

The reason why Jiang Feng insisted on including Wellcome in the acquisition plan list.

In addition to focusing on the retail industry, it is more complementary to Master Kong, Blue Mountain Wine and other businesses.

Blue Mountain Supermarket adopts a warehousing model and is destined to only be located in bustling city centers, shopping malls and other places.

Moreover, the density of Blue Mountain supermarkets in Xiangjiang is not high.

There are no plans to open new stores yet.

If Wellcome is acquired.

Wellcome focuses on supermarkets with an area of 100-500 square meters. This kind of small supermarket can fill some gaps in the market.

And can provide sales and promotion channels for its new products in the future….It’s perfect.

Facing Jiang Feng’s demands, Hobbes frowned.

Fortunately for the Mandarin Oriental Hotel Group, although it is one of the largest hotels in Hong Kong, the annual profits it brings to Jardine are not as good as Milk International.

Therefore, these non-core business assets are sold as soon as they are sold.

He won’t feel too distressed.

But is Land, an industry that occupies half of Yihe, really going to be given away?

But it won’t work if I don’t give it away.

Jiang Feng now fully controls Jardine Matheson Strategy.

To put it simply, Yihe belongs to Jiang Feng now.

As a subsidiary of Jardine Matheson Strategy, Land Land naturally belongs to Jiang Feng.

It’s Jiang Feng anyway, so why not do what Jiang Feng said and exchange his shares in Land, Mandarin Oriental Hotel and Wellcome Supermarket for shares in Jardine Matheson Strategy.

After such a transaction, at least the Jardine strategy will be back in his hands again.

The difference is that the new Jardine strategy has lost three companies: Xiangjiang Land, Mandarin Oriental Hotel and Wellcome Supermarket……..

Once the largest British-owned foreign company.

The former economic czar of Hong Kong.

Yihe Matheson, which once enjoyed glory together with the Empire on which the sun never sets, was completely defeated at this moment, and went into the sunset together with the former Great Eagle Empire.

More than a hundred years ago, William Jardine and his newly established Jardine Matheson Company continuously transported evil washing powder into Daxia, draining the wealth and energy of the Chinese people.

In order to prevent the smoking ban, he personally lobbied the government of country Y to launch an even more criminal”washing powder war”.

Since then, for more than a hundred years, Jardine Matheson and the Keswick family have dominated the land of the Bactrian people, and even controlled the economic lifeline of Hong Kong.

Perhaps William Jardine would not have thought that Jardine Matheson, which he founded, would be what it is today.

In hell, he may still have a sweet dream of Yihe Matheson and the Empire on which the sun never sets.

Unfortunately, whether it is Jardine Matheson or the empire on which the sun never sets, at this moment, the sun has set.

Again.

Good and evil will eventually be rewarded, and the way of heaven is reincarnation; if you don’t believe it, look up, who will God spare?

Yes, who will the sky bypass?

Jardine Matheson’s miserable experience today is just a little interest that Jiang Feng asked for for the Chinese and Chinese businessmen who had been exploited by Jardine Matheson.

“How about it? What did Mr. Hobbes think?”

Jiang Feng raised his eyebrows and looked at him with cold eyes.

Weak people have no power, only the obligation to agree. No matter how arrogant Jiang Feng’s attitude is, Hobbes does not dare to offend Jiang Feng at this time.

Who doesn’t know this He was the king of Xiangjiang and had strong financial resources.

He had angered the king of Xiangjiang, increased his capital and shares, and completely eliminated the Caesars family. Then he would not cry.

Hobbes, who thought clearly, nodded quickly and said with a sense of loneliness. :”Just do what Mr. Jiang said and exchange the shares.”

“very good.

Jiang Feng said calmly:”Mr. Hobbs made a wise choice.””

As he spoke, Jiang Feng adjusted his sitting position and said with a relaxed expression:”Okay, let’s talk about the valuations of Land, Oriental Mandarin Hotel and Wellcome in detail now.”

“Um…I value Land at HK$80 billion. Does this price make sense to you?”

Raising his eyebrows, Jiang Feng looked at Hobbes with a smile.

The price is neither high nor low.

“without…No.”

Hobbes shook his head.

Even if he had an opinion in his heart, Jiang Feng, who is now the major shareholder, said so, so he had no choice but to grit his teeth and agree.

Bang bang bang====

Jiang Feng smiled and clapped his hands:”Very good!! Based on this valuation and your ownership of Jardine Matheson Strategy shares, your 19.5% stake in Land is equal to HK$15.2 billion….”

“……If you own 0.30% of the shares in Mandarin Hotel, it would be equivalent to HKD 2.1 billion, and Wellcome would be equivalent to HKD 2 billion….A total of 19.3 billion Hong Kong dollars……”

Jiang Feng’s valuations were not what he said. When he was planning to deal with Jardine, he had already investigated and evaluated some of Jardine’s assets, which resulted in this valuation. rather than talking casually

“How about it? Does Mr. Hobbes have a problem with what I’m saying?”

Looking at Hobbes, Jiang Feng asked with a slight smile.

“No-”

Hobbes shook his head and said,”Mr. Jiang is very fair.”

“It’s fine if you don’t. Jiang

Feng smiled and said:”I own 59% of Jardine Matheson Strategy. According to this evaluation, it is about HK$26.8 billion.”…Excluding the shares you hold in three companies, Mr. Hobbs only needs to pay me HK$7.5 billion.”

To put it simply, Hobbs transferred his 100% stake in Xiangjiang Land, Mandarin Oriental Hotel and Wellcome Supermarket to Jiang Feng, and then paid Jiang Feng 7.5 billion Hong Kong dollars in exchange for Jardine Matheson in Jiang Feng’s hands. Strategy 59% of the shares.

After the replacement, Hobbs owned 98% of the new Jardine Matheson Company after the castration (without Xiangjiang Land and Mandarin Oriental Hotel).

Jiang Feng obtained 100% of the shares of Wellcome Supermarket and Mandarin Oriental. The hotel owns 78% of the shares and Heung Kong Land has 65% of the shares (Huifeng Bank previously held 15%).

For this result, everyone is happy and recognized by both parties.

For Jiang Feng, it is a hugely profitable business.

It took a lot of money. US$4 billion was exchanged for Xiangjiang Land properties and Mandarin Oriental Hotel worth two to three hundred billion in the future….

Jardine suffered heavy losses this time.

Although the shareholding ratio reached 98%, the capital invested before and after reached more than 50 billion Hong Kong dollars, not counting the evaporation of the stock market.

The two parties signed a contract and agreed to repay HK$7.5 billion to Jiang Feng’s company one month later.

The Yihe storm has finally calmed down. the next day.

Jardine Matheson Group announced that listed company Jardine Matheson Strategy will suspend trading due to major asset restructuring.

This news was like a bomb, sweeping through the entire Hong Kong stock market.

No one knows why Jardine suddenly suspended trading.

For a time, major financial newspapers in Hong Kong were speculating.

Three days later.

Jardine Matheson Group held a press conference.

Officially announced that Xiangjiang Land, Mandarin Oriental Hotel Group, and Wellcome Supermarket were acquired by Jiang Fund and will no longer be part of the Jardine Matheson Group….

When the news came out, the whole of Xiangjiang was shocked.

Xiangjiang Land unexpectedly changed hands…


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