Rebirth of the Strongest Tycoon

The four hundred and sixteenth chapter is eyeing the big landlord again

This time, the three companies that Xia Yu liked are all very important, namely the dairy company in the retail department store industry, the Jinmen construction in the construction engineering industry, and the Jardine Automobile Group in the automobile manufacturing and distribution industry.

The Milk Company, an established company, was established in 1886. It was originally established by a Scottish doctor and five Chinese businessmen. At the beginning, it established a pasture in Pokfulam, Western District of Hong Kong Island, raising 80 dairy cows imported from the United Kingdom to produce fresh milk. .

Then with the development, the business continued to expand, from the retail of frozen meat to the ice-making industry. By acquiring the freezers and ice-making factories of Jardine and Swire, it became the first in the field of ice-making in Xiangjiang. Xia Yu remembered that his family originally The ice used by the fishing boats is produced by the milk company.

After that, the dairy company went further and further in the retail industry. It cooperated with Lane Crawford, a famous brand of fashion, accessories and fashion boutiques. Later, it opened a branch in Zhucheng Building, Causeway Bay. So far, there are five large supermarkets.

In addition to supermarkets, there are also 7-11 convenience stores.

The brand of 7-11 convenience store is owned by the American Southern Company. It was only allowed to join in 1973. Japan's Ito-Yokado Company joined in 1974, and then Xiangjiang's Milk Company joined in 1975. After three years, it opened 20 convenience stores, almost all on Hong Kong Island.

In the previous life, when the 7-11 convenience store was in the hands of the Southern Company, the Southern Company failed to diversify and expand, causing the company to file for bankruptcy, and then it was bought by Ito Yokado Company. After that, it went out of control until it became a retail giant in a small island country. , is also the world's largest chain convenience store group, rushing into the 127th place in the world's top 500 brands.

It can be said that the 7-11 convenience store is a golden rooster. As long as it is well managed, it is very likely that Hu of the Ito-Yokado Company in the island country will become the largest convenience store group in the world. Of course, Xia Yu is envious.

Closer to home, in addition to supermarkets and convenience stores, the dairy company has other retail outlets.

The most famous one is Mannings Pharmacy.

Mannings Pharmacy opened its first store in 1972 and has 16 stores so far, offering a comprehensive range of health and beauty products, including health products, skin care products, cosmetics, personal care products, men's products, mother and baby products, women's products Supplies, medicines, etc., take care of the consumption needs of people of different levels and ages. The store is equipped with professional beauticians, nutritionists and pharmacists. The commodities are mainly cosmetics, accounting for 70%, health products, medicines account for 20%, and others Classes account for about 10%.

In Hong Kong, in addition to Watsons under Hutchison Whampoa, Mannings Pharmacy is the strongest in the cosmetics field, and with the resources of the Jardine Consortium,

There is a great momentum of chasing and surpassing.

Of course, now that the Jardine Consortium has become like this, it will be difficult for Wanning Pharmacy to catch up with Watsons.

But if it is in the hands of Xia Yu, there is still a great chance.

In addition to the above three, the dairy company also has an IKEA furniture supermarket in the field of furniture and furniture. It was franchised in 1975. The supermarket is located in Central, Hong Kong Island.

While the dairy company is strong in the retail industry, the value of all retail assets does not account for the bulk of the company.

Not to mention the retail industry, even the ice-making and refrigeration sector, which monopolizes Hong Kong's milk, ice-making, and refrigerated meat businesses, is only a small part.

The greatest value of the dairy company lies in the large amount of valuable land in its hands!

The Milk Company is actually one of the big landowners in Hong Kong. It owns a large number of almost permanent land in Hong Kong, the most prosperous island in Hong Kong, because the lease term of those land is as long as 999 years, which is completely permanent!

There are so many lands, and they were left a long time ago. The founders at that time could never have imagined that the development of the business was not worth the land that he didn't care about at the time.

As we all know, fields such as milk, ice making, and refrigeration, whether it is a cattle ranch, an ice factory or a refrigerated ice store, are all earth-devouring monsters.

A long time ago, Hong Kong was not prosperous. Kowloon and the New Territories were considered wilderness, and Hong Kong Island was popular, but the population was too small, and the land was not precious.

It was at that time that the dairy company built a freezer on Snow Chang Street, Central, Hong Kong Island, and an ice factory on Chun Yuan Street, Wan Chai, North Hong Kong Island, Causeway Bay, Kwun Tong, Kowloon and other places.

It also established pastures in Pokfulam and Causeway Bay in the west of Hong Kong Island.

The land of the ranch is astonishingly large when you think about it.

With the development of hundreds of years, the central area of ​​Hong Kong Island has become crowded. According to the historical process, it will expand in the direction of Causeway Bay, and then the Pok Fu Lam in the west will also expand. Until later generations, there is still not enough land, and it will be reclaimed from the sea.

In the future, these plots will be built into the top residential and commercial areas.

It is conceivable that the milk company holding such a large amount of land has too much hidden value!

Although Xia Yu has won the big landlord of Wharf Group, most of the land of Wharf Group is in Kowloon. Even if there are on Hong Kong Island, it is still in the wharf part, which is still less, which is not conducive to the future real estate of Wharf. Establishment and development of business on Hong Kong Island.

But if the milk company is swallowed, Xia Yu's real estate empire will have two thick legs.

At that time, he was not only a big landlord in Kowloon, but also one of the big landlords on Hong Kong Island.

Of course, the ideal is beautiful, but it is very difficult to realize it, and Xia Yu needs to plan carefully.

After all, the situation of the milk company is a bit complicated, and it is quite difficult to swallow it.

This is due to the complicated shareholding structure of the dairy company.

The dairy company went public in the 1960s, and in 1971, Sir Zhou Xiannian, the owner of the Zhou family, one of the old giants in Hong Kong, kept buying equity and became the chairman of the dairy company.

But in 1972, the Jardine Consortium set their sights on the milk company and asked its subsidiary Landmark Group to come forward and propose to acquire the equity of the milk company. Of course, Zhou Xiannian refused, and then the two parties fought each other. In the end, the Jardine Consortium was too powerful and hard Shengsheng took over the milk company and fully privatized it in 1973.

Of course, this incident also became one of the fuses of the stock market crash in 1973, and the Jardine Consortium also gave itself a pit.

After the Landmark Group took over the dairy company, John Keswick was not at ease. In order to better control the company, he started cross-holding. And holdings, Jardine Pacific, Hongkong Land Group and other companies.

Therefore, if Xia Yu wanted to take all the shares of the dairy company, he still couldn't get around the Landmark Group.

But for Xia Yu, the solution is always more difficult than the difficulty. He has already thought of the solution, but it will be a lot of trouble!

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like