Chapter 634: What a good man

It's actually another company owned by the Keswick family, Jardine Engineering Corporation.

To be precise, it's a subsidiary of Jardine Engineering Corporation called Jardine Electric Manufacturing Company, which specializes in OEM household appliances. It was established in 1975 and is only just approaching four years old now.

But with the huge resources of the Jardine Matheson Group to feed it, Jardine Electric Manufacturing Company has, in just four years, swallowed up or driven bankrupt all the other small and medium-sized foundries, and now occupies more than 90% of the market share in the field of electrical appliance agency manufacturing in Xiangjiang.

And the agency manufacturing plants of Jardine Electric Manufacturing Company not only manufacture televisions, but also refrigerators, washing machines, air conditioners, range hoods, etc., so it can be said that the field of large household appliances is basically complete.

The other five wholly-owned subsidiaries of Jardine Engineering Corporation have a huge influence in the fields of sales of professional construction equipment, provision of construction services, construction technology and support services, sales and maintenance of systems and equipment for freight logistics hubs such as railways and airports.

It can be said to be the leading enterprise in Xiangjiang.

Last year, Jardine Engineering Corporation had a market value of only about HK$1.1 billion. Xia Yu sniped and extorted John Keswick, and artificially inflated the market value of Jardine Engineering Corporation to more than HK$4 billion.

Although the stock price later fell, when hunting the Jardine Matheson Group, the Keswick family managed to keep Jardine Engineering Group and complete the privatisation. At this point, the shares were all distributed among five people, including Burton Keswick.

Previously, Xia Yu did not have enough strength, and targeted companies such as The Wharf (Holdings) Limited and Jardine Lloyd Thompson Group, ignoring Jardine Engineering Group, which was already under the absolute control of the Keswick family.

However, now that he is well-capitalised, it will be easy for him to take over the company.

If he takes over Jardine Engineering, he will have another leading company in a monopoly, which will strongly complement his own Jiuding Real Estate Group, and he will also be able to extend his reach into the basic transport sector in Hong Kong, such as stations, subways and airports.

Most importantly, he will have a complete electrical appliance manufacturing plant.

A large number of frontline workers who have been honed for four years, as well as production lines for various electrical appliances that have been used for a maximum of four years, all show the solid foundation of Jardine Electric.

After taking over Jardine Engineering Corporation, as long as the patent issues are resolved, it will be possible to design and develop electrical appliances under its own brand and quickly launch them on the market.

No need to think about it, it's a done deal!

It so happens that the head of the Keswick family was so beaten up by him that he wanted to go back to the UK. They could even sell the core Hongkong Land Group, so they definitely wouldn't care about Jardine Engineering Corporation.

The key is just to get the price right!

Let Rothschild & Sons Ltd. step in, and I believe it will be acquired soon!

No!

You can't put all your eggs in one basket!

'Just like the acquisition of the shares of the Hongkong Land Group, the shares held by the three people, Burton Keswick, etc., will be acquired by someone from my side, and the shares of Dick Keswick and Phil Keswick will be acquired by Rothschild & Sons Ltd.'

Xia Yu thought to himself, this is a targeted response, which not only saves trouble, but also saves money!

'Even a skinny camel is bigger than a horse. Jardine Matheson Group is indeed a giant that has extended its tentacles into every aspect of Hong Kong. Even after being divided, there are still such good things, and it is truly a huge treasure trove. Whenever you want something, you can find it here.'

'Think about my current foundation. A large part of it was torn away from Jardine Matheson Group. Haha, without it, there would be no current Jiuding Group. The Keswick family is truly a great person!'

After a moment of emotion, Xia Yu called Wang Qi, gave him some instructions, and then went to N M Rothschild & Sons (Hong Kong) Ltd. again.

'Mr Charles, I'm here to bother you again!'

As soon as he arrived at N M Rothschild & Sons (Hong Kong) Ltd., he saw Charles Rothschild talking to a subordinate. Charles Rothschild immediately smiled and greeted Xia Yu warmly when he saw him. Xia Yu shook his hand and exchanged pleasantries.

'Mr Xia, please come in, welcome, please come in!'

After saying this, Charles Rothschild and Xia Yu went in together and sat down in the reception room.

'Mr Xia, I wonder if you have come today to ask us to do something?'

Charles Rothschild asked straight to the point, without any unnecessary words.

Xia Yu nodded and said, 'Yes, last time I entrusted your company with the acquisition of the shares of the Hongkong Land Group, and the efficiency was very high, so I am very satisfied. This time I want to acquire a company, so I came here immediately.'

Charles Rothschild beamed with joy and said, 'Thank you so much. Just let us know what you need, and we will do our best to make it happen for you!'

Xia Yu nodded slightly to indicate his purpose: 'This time it shouldn't be too difficult. The target is the same as last time, Dick Keswick and Phil Keswick. I want the shares of Jardine Matheson Holdings in their hands.'

'No problem, we can do it!'

Upon hearing this, Charles Rothschild did not hesitate to agree.

When they acquired the shares of the Hongkong Land Group some time ago, they had already found out the actual situation of the Keske family, and naturally knew that the Keske family was preparing to withdraw completely, and they would definitely need to find a buyer for the remaining companies in their hands.

Since they intended to sell the company, as long as he intervened, the Keske family would not dare not give him face. Charles Rothschild was 100% sure that he could take the shares in their hands.

Thinking about the special circumstances of the Keswick family, Charles Rothschild had a sudden idea and said, 'Mr. Xia, I seem to remember that Burton Keswick and the others also have shares, don't they? I don't know...'

Xia Yu shook his head and smiled faintly, 'At the moment, I only need the shares held by Dick Keswick and Phil Keswick.'

Charles Lochhead understood what was going on, and decisively dropped the subject, discussing the details of the proxy purchase with Xia Yu.

An hour later, Charles Lochhead saw Xia Yu, who was holding the proxy contract, out the door. After watching him leave, his smile faded and his gaze became a little absent-minded.

His son Sean Lowther, who was standing next to him, said, 'Father, it seems that he is on his guard against us. He obviously wants to acquire Jardine Engineering Corporation, but he has only entrusted us with acquiring a part of it.'

Charles Lowther shook his head and said, 'It's not on his guard. If it were me, I would do the same thing. Burton Keswick and the others have shares in their hands, and he himself can acquire them. Why spend more money having us do it?'

'Now that he has taken the initiative to come to us and entrust us with the acquisition, it is already a very good performance. Take your time.'

'The most important thing now is to complete the acquisition business entrusted to us as perfectly as possible. As long as he is obsessed with this feeling of ease in acquisitions, he will only hand over more and more business to us in the future, and by then the relationship will become even deeper.'

Sean Rothschild nodded with a sinister smile: 'I understand.'

'Get ready to go with me to the Keswick family this afternoon.'

After giving his son some final instructions, Charles Rothschild turned and walked back.