Chapter 197 Rich Second Generation John Madden
At about six o'clock in the afternoon, after Chen Yi got off work, he drove towards the Peninsula Hotel by car. It was slightly different from what he imagined. The big boss of Wheelock didn't delay him on purpose.
The acquisition of the two properties of Federal Building and International Building was proposed by Chen Yi. According to the practice in the business field, Boss Chen's side is naturally a passive side, so Wheelock's side can completely let it go. he.
Although Xiangjiang real estate properties have plummeted recently, many people and companies are selling properties to withdraw funds. For example, the prime location in Central, which belongs to the category of buyers, even if it is sold, the price is definitely not low.
For this transaction, Chen Yi is still very confident, because he knows that Wheelock is short of funds at this time, and this large consortium, one of the four foreign firms, is now facing a shortage of funds.
As one of the four major foreign firms, Wheelock has more than 200 subsidiaries. The industries involved affect all aspects of Xiangjiang, and there are many businesses. However, its main business is still concentrated in the shipping industry.
However, since last year, Heung Kong has experienced two major shocks, the stock market crash and the oil crisis. As one of the four foreign firms, Wheelock has also been affected by its subsidiaries, as well as the high operating costs brought about by the soaring oil price. There is tension.
Previously, with its many subsidiaries, Wheelock became one of the four major foreign firms in Hong Kong in one fell swoop, with a huge influence, but now it has become a storm, and it has also lost a storm. At this time, many subsidiaries have become a burden that drags Wheelock down. Wheelock's big ship had an inevitable rocking.
It was knowing Wheelock's situation at this time that Chen Yi came up with the idea of the two properties held by the real estate company under the other party, the Federal Building and the International Building.
Originally, Chen Yi wanted to acquire the real estate company under Wheelock, but unfortunately, the real estate company under Wheelock was not listed, so he had to settle for the next best thing and buy two buildings separately.
Federation Building and International Building are not the main assets of Wheelock, so as long as the price is right, Chen Yi has a high possibility of buying the two buildings.
In a position by the window in the lobby of the Peninsula Hotel, an old British man who is about fifty years old is drinking coffee while leisurely reading the newspaper in his hand.
He is John Madden, the big boss of Wheelock, one of the four major foreign firms. As a second generation who inherited his father's business, John Madden's first half of his life can be said to be smooth sailing.
Of course, John Madden is different from most second-generation family guards. He has ambitions and abilities that surpass his father.
John Madden was born in 1919. Because of his father, he lived in the former Pearl of the Orient until he was twelve years old, and then returned to England to study. He had a similar experience with many British people. He served in the military during World War II In the army, after the war retired into business.
This is similar to Shen Bi of HSBC. The only difference between the two is that Shen Bi belongs to a wage earner, while John Madden belongs to the family heir. Feng Enterprise.
After that, everything went smoothly. After his father retired, he took over Wheelock, one of the four major foreign firms. Of course, when John Madden took over Wheelock, Wheelock was not one of the four major foreign firms.
Like many young people of this era, John Madden also has the ambition and drive of a young man to surpass his father's generation. After taking over his father's business, in the 1950s and 1960s, John Madden began to significantly strengthen his investment in Xiangjiang. Actively marching into the growing real estate industry, retail department store and other industries will make Defeng one of the four foreign firms in one fell swoop.
It may be that the first half of his life was too smooth, so John Madden, like most of the second generation, is far behind the generation of successful entrepreneurs in terms of bearing pressure.
In the previous life, Wheelock was sold twice in the hands of John Madden. The first time it was not sold due to various reasons, and the second time it was because of a misjudgment that wrongly underestimated the length of the winter in the shipping industry, and finally became discouraged. He sold Wheelock in the cold.
In his previous life, Chen Yi, as a loyal fan of Xiangjiang Wen, naturally knew well-known companies such as the Big Four.
"I came early, Mr. Yang, please sit down, what do you need to drink?"
Chen Yi turned his head to look at the lobby manager beside him, and said, "Give me a cup of coffee and a dessert by the way, I'm a little hungry, eat something to fill me up."
"Okay, Yang Sheng, please wait a moment."
After the lobby manager left, Chen Yi looked at John Madden, who was facing him, and said with a smile, "If I remember correctly, this should be the second time I have met Mr. Madden, right?"
Before meeting John Madden, Chen Yi didn't have much of an impression. After meeting him, he suddenly remembered that he had met John Madden at the HSBC Charity Gala before, but the two hadn't communicated with each other at that time, and they belonged to nodding acquaintances ,see once.
John Madden nodded and said: "That's right, I met Yang Sheng once at the HSBC Charity Gala."
As he said that, John Madden said with some emotion: "It's just that I didn't expect that you, Yang Sheng, got up so fast, even beyond everyone's expectations."
Chen Yi naturally understood the other party's implication, so he joked with a slightly humorous tone: "In Western terms, this may be because the goddess of luck has given me special favor."
John Madden smiled and said nothing, but he affirmed what Chen Yi said, of course, it was a positive affirmation.
After all, for something like success, luck is also a part of strength, and in many cases, luck occupies a large part of strength.
The so-called time makes heroes, not because the heroes encountered a good era, it can also be attributed to luck.
Reminiscent of the previous charity gala, even though Shaya, the chairman of HSBC Bank, strongly recommended Boss Chen, executives of foreign firms like John Madden still didn’t care much.
These days, there are a lot of rich people. They have money but no influence and no background. In the eyes of the British like John Madden, Chen Yi was at most an upstart at that time. Except for a little money, he might not even have the possibility of socializing in the future. nothing.
However, the reality is often so unexpected.
Boss Chen Yi would have done nothing if he didn't make a move, but once he made a move, it would be impressive, especially the establishment of Asia Telecom not long ago, which made Chen Yi take over most of the assets and business of the Dadong Telegraph Bureau in Asia in one fell swoop.
In this way, Chen Yi owns an international company. Although it is still limited to Asia for the time being, this does not hinder the influence of Asian telecommunications companies in Asia.
This move can be said to have shocked many people, including John Madden and those foreign executives.
In addition, not to mention, Chen Yi also won Hong Kong Electric, which supplies electricity to the entire Xiangjiang Island. Hong Kong Electric alone is enough to increase the status of Boss Chen by a large margin.
As an industrialized city, Xiangjiang is inseparable from electricity, and Hongkong Electric controls the power transmission of the entire Xiangjiang Island, and Xiangjiang Island is the economic lifeline of the entire Xiangjiang, and its influence is huge.
Based on this alone, many people dare not underestimate Boss Chen.
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(end of this chapter)