The upcoming US$3.8 billion acquisition of Universal Pictures, a subsidiary of General Electric, and DreamWorks was exposed by the media, causing major shareholders Wang Yaocheng, Schwarzenegger and some small and medium-sized investors to be dissatisfied.
Wang Yaocheng expressed regret that board members Spielberg, David Geffen and others had unilateral contacts with Universal Pictures in private, and said in public:
He will use his influence and voting rights to veto this deal.
The Royal Fund holds 26% of DreamWorks shares and can influence the attitudes of Julia Roberts, Schwarzenegger and other small and medium shareholders, and is fully capable of creating huge obstacles to reaching an agreement.
under heavy pressure
Taking into account the huge influence of the Wang consortium, Universal Pictures announced that it had withdrawn its original acquisition plan. They were not willing to let 11 months of hard negotiation efforts go to waste and claimed that they would propose a new attractive plan.
The merger and acquisition case is full of complications, causing the seven major Hollywood studios to pay attention.
Seeing an opportunity, Paramount Pictures proposed to buy DreamWorks, and therefore sent a negotiation team to have close contact with DreamWorks board members.
Such a trivial matter does not require Wang Yaocheng to personally come forward.
At this moment, he has led a large team of people across the Pacific and flew to Hong Kong, where the consortium's headquarters is located, to prepare for the 2004 second fiscal quarter CEO summit and the inauguration ceremony of the headquarters building to witness with his own eyes the glorious moment of his life.
June 18, 2004
clear
Along the blue Victoria Bay, there are densely populated high-rise buildings on Hong Kong Island, an international financial capital composed of skyscrapers.
In the meantime, there is a complex of combined skyscrapers towering into the sky, piercing the sky.
This is the headquarters of the Royal Family Consortium that took several years of hard work to build, and is the world's number one skyscraper complex - Royal Plaza.
The entire skyscraper complex consists of a main building, the Royal Center Building, which is the world's tallest with a height of 828 meters, and four auxiliary buildings with a height of 588 meters, namely the Oriental Building, the Southern Building, the Western Building and the Northern Building.
The entire building complex is magnificent in style and stands proudly on the top of Hong Kong Island, with a panoramic view of the mountains and hills.
The drawings used for the 828-meter-high Royal Center Building, the world's tallest, are one of the hesitant Burj Khalifa alternatives by Dubai Ruler Mohammed Al Maktoum, and have just passed the preliminary screening.
It was spotted by the royal family fund at first sight, and it was purchased from the famous American architectural designer Adrian Smith at a high price, and he was hired to design four auxiliary buildings with the same style.
Under the dazzling sunshine of June
The Royal Plaza on the edge of Victoria Bay is like the mythical Optimus Pillar, rising into the sky. The four skyscrapers standing next to it further enhance the visual impact and bring an extremely shocking feeling.
If we use the metaphor of a sky-high giant, the densely packed buildings on Hong Kong Island only reach the knee level, which further highlights the majestic and majestic size of Royal Plaza in the sky and below, which is breathtaking.
The 828-meter-high main building of the Royal Center Building was completed, doubling the original 345-meter height of Central Plaza, Hong Kong's tallest building. It also has a curve, and the skyline has increased by as much as 485 meters.
Seen from a distance, it looks like it stands out among the chickens.
At the opening ribbon-cutting ceremony
Leaders from the central government, the British Crown Prince Prince Charles and his wife, Hong Kong Chief Executive Mr. Dong, together with Wang Yaocheng, cut the ribbon for the opening of the Royal Plaza and announced the completion and operation of the global headquarters of the Wang Group.
All of a sudden
The opening ceremony was filled with loud gongs and drums and the blast of firecrackers.
Tens of thousands of white pigeons flew into the blue sky, and countless ships in Victoria Harbor sounded their whistles to celebrate this grand opening ceremony.
subsequently
The fireworks bombs on Victoria Peak soared into the sky and bloomed in the blue sky. They were so dazzling that they could be seen anywhere in Hong Kong and Kowloon, arousing cheers from the citizens.
In the opening ceremony venue
The 2,000-strong Saibei Mighty Gong and Drum Troupe from the mainland gave a thunderous performance, and dozens of local dragon and lion dance troupes from Hong Kong also dedicated their wonderful skills to add luster to this grand opening ceremony.
Seeing this shocking scene in front of him, Wang Yaocheng was filled with emotion. Scenes from his past and present life flashed back in his mind, making his mind agitated and unable to calm down for a long time.
The completion of the consortium headquarters project represents the Wang Consortium standing tall in the world with a new and confident attitude. It is like a declaration, which means that the Wang Consortium can compete with major consortiums in Japan and the United States.
Since we can no longer hide in the bushes, let’s show ourselves openly and see who is a hero and who is a good man.
The opening ceremony entered the live concert stage, and many big-name singers appeared on stage to perform songs, bringing the enthusiastic atmosphere of the opening ceremony to its peak.
now
The family members were equally excited and felt great honor and pride.
Guests and leaders such as Wang Guodong, Chen Xiulian, Si Wanru, Julia Roberts, Cai Linlin, etc. were sitting on the rostrum, with crystal tears in their eyes, and they were singing "Tomorrow" softly along with singers from both sides of the Taiwan Strait and three places.
It'll Be Better" song.
Tsai Chin:
Gently wake up the sleeping soul
slowly open your eyes
Andy Lau:
Look at the busy world
Are you still wandering around lonely?
Su Rui:
The incomprehensible spring breeze blows the hearts of young people
Na Ying:
Let the tears on yesterday’s face
Dried with memory
Jacky Cheung;
…
chorus:
sing your passion
stretch out your hands
Let me embrace your dream
Let me have your true face
Let our smiles be filled with the pride of youth
Let us hope that tomorrow will be better
…
in singing
Wang Yaocheng sat quietly in the center of the rostrum, looking at the majestic buildings towering into the clouds. He had to sigh at the miraculous craftsmanship of human creativity. It really has the extraordinary power to move mountains and reclaim seas. It is simply a miracle in the history of world architecture.
The main building of the Royal Center Building is 828 meters high, with a total of 162 floors. The comprehensive cost is 1.5 billion US dollars. The construction of the building itself cost 1.15 billion US dollars. This does not include its internal large shopping mall, interior decoration, countless equipment and four 588-meter buildings.
Meter-high auxiliary building construction costs.
The entire building complex cost more than 3 billion US dollars, and the comprehensive cost including internal decoration costs exceeded 4.3 billion US dollars. A total of 1.01 million cubic meters of concrete, 236,000 tons of reinforced steel bars, and 399,000 square meters of glass were used.
Massive resources have been invested, and what emerges are skyscrapers reaching into the sky before people's eyes. They are extremely huge, with a total construction area of 1.76 million square meters.
More than 12,000 construction workers worked hard for four years to finally build this huge project, which can be called a world miracle, demonstrating the vigorous development momentum of the Wang Group.
What is the concept of 1.76 million square meters in Hong Kong, where land is at a premium?
Harbor City, a subsidiary of the consortium, is located in Tsim Sha Tsui, Kowloon, Hong Kong. It is the largest shopping mall and famous brand center in Hong Kong. It includes Ocean Center, Ocean Terminal, Marco Polo Hong Kong Hotel Mall and Gateway Mall, collectively known as Harbor City.
Among them, the shopping mall covers an area of 200,000 square meters, including about 50 restaurants, 2 large cinemas, 3 hotels and about 700 retail stores.
The office building part covers an area of 440,000 square meters, and the other part covers an area of 600,000 square meters, including 3 high-end hotels, 500-room serviced residences, a private club (Kowloon Pacific Club) and more than 2,000 parking spaces
.
The entire building complex totals 1.24 million square meters, making it the largest building complex in Hong Kong.
Nowadays, this resounding title is well deservedly replaced by Royal Plaza with 1.76 million square meters.
The main building of the Royal Center Building is connected to the podiums of the four auxiliary buildings in the southeast, northwest and northwest. The podium is 22 stories high and has seven floors underground. This part alone has a considerable area, reaching 840,000 square meters.
Among them, there are eight mid-to-high-end shopping malls, an ice and snow park, a surf park, a shopping street of the world's top brands, a five-star Peninsula Hotel, a Hills Hotel, a Waldorf Astoria Hotel, a four-star Miramar Hotel, and a Koryo Hotel.
hotel.
In addition, the entire Royal Plaza complex also has 1,200 luxury apartments, Marvel Fantasy Playground, a large number of business office spaces for rent, etc. In addition to the consortium's own use, about half of the area can be used for rent.
Currently, all the units available for rent are fully booked, and the total rent for commercial offices plus shops is considerable.
It is conservatively estimated that rent alone can reach an annual average of more than 7 billion Hong Kong dollars, about 900 million U.S. dollars, and the cost can be recovered in five to six years.
to know
The property rights rules of real estate projects in Hong Kong are learned from the United Kingdom. The entire project's land lease is as long as 999. It is really a chicken that can lay golden eggs.
With such a project in hand, dozens of lifetimes are enough.
If possible, Wang Yaocheng really wants to invest in several more real estate projects like this.
Unfortunately, good dreams are ultimately empty. Looking around the entire Hong Kong Island, we can no longer find such a large piece of land for construction.
The entire Royal Plaza project covers an area of 345 acres and is the result of two very large real estate projects that were put together with great difficulty.
Seriously
The Royal Plaza project was snatched from the hands of the fourth uncle, Lee Shau Kee, and together with the land previously held by the Wharf Group, the merger of the two made it possible to achieve its current scale and complete this miracle in the history of human architecture.
Most of this excellent land was originally owned by Henderson Land Development, totaling approximately 260 acres. It was the last prime location on Hong Kong Island that could be used to build skyscrapers.
Henderson Land plans to cooperate with the Hong Kong Monetary Authority to build the second phase of the Hong Kong Financial Center, a 420-meter skyscraper and ancillary buildings.
After completion, it will become the tallest building in Hong Kong, far exceeding the Bank of China Tower (315 meters) and Hong Kong Central Plaza (346 meters).
This major investment project is also a heavyweight leading project for Henderson Land Development. For this purpose, a lot of effort and effort have been put into it, and through demolition, mergers and acquisitions, etc., such a large piece of prime land in Victoria Bay has been accumulated.
Preparatory work lasted eight and a half years, with more than 20 buildings and other buildings on the original site blasted and demolished, and finally this treasured land was pieced together.
Who would have thought?
The Wang consortium attacked Hong Kong Island like a gust of wind and fire. It used its strong financial resources to defeat the British-owned Swire Group and acquired shares in the Hong Kong and Shanghai Hotel, Hong Kong and China Gas Company, Hong Kong China Electric Power Company, Wharf Group and other heavyweight enterprises.
With great effort, he won the Hong Kong PCCW Telecommunications Company, which the Li family had invested heavily in.
This series of large-scale mergers and acquisitions has set off waves of turmoil, putting all the top wealthy families in Hong Kong in danger.