"Director Chu, regarding Zhulu Real Estate's sale of Jia Ning's shares, we Jian Ning are willing to repurchase it. I hope you can agree to it, Director Chu!"
After meeting Chu Huan, Chen Songqing seemed very calm, even though he was about to be exploded by this incident, even if he really wanted Chu Huan to take back his decision to sell Jianing's shares.
However, Chen Songqing did not show any of these things, but calmly stated that Jianing wanted to repurchase the Jianing shares held by Zhulu Real Estate!
Chen Songqing's performance made Chu Huan understand that there is no difference between this Chen Songqing and Chen Songqing from another time and space. They are both extremely crazy guys at heart.
In order to show that Jia Ning is not short of money, Chen Songqing's strategy is to never argue with others about money.
When Jianing was just starting out, Jianing wanted to buy the Baoguang Group's Jinghua Bank Building. Before the transaction started, Baoguang's management had been reluctant to make an offer, because among Baoguang's management, some
Some people think that the price should be HK$1,500 per square foot, and some people think that the price should be HK$1,800 per square foot.
As a result, Jianing directly quoted 2,800 Hong Kong dollars per square foot, and then it was a direct transaction that everyone was happy with!
Otherwise, there would be no economic commentators this year calling Jia Ning a crazy housewife visiting the supermarket.
Now that this is his image to the outside world, Chen Songqing definitely cannot let this situation change at this time.
So Chen Songqing, who found Chu Huan at this time, happily expressed his intention to buy back Jia Ning's shares!
Chu Huan naturally has no problem with such a request, "Of course, if Chen Sheng wants to buy back Jia Ning's shares, we naturally welcome it. I have always said that business is business. As long as the price is right, it can't be sold."
s things."
Chen Songqing also smiled and said: "The current market value of Jianing is 100 million Hong Kong dollars. In order to thank Director Chu for your support over the years, we at Jianing are willing to increase this price by 10% to acquire Zhulu Real Estate in Jianing 10
% of the shares!”
This is the courage of the biggest swindler in the business history of Xiangjiang. Others keep lowering prices, but Chen Songqing just raises prices, giving outsiders the impression that he is rich and willful!
Chu Huan smiled and said: "If that's the case, then I have to thank Chen Sheng!"
Chen Songqing said grandly: "That's right. If it weren't for your care, Mr. Chu, for so many years, our Jia Ning wouldn't be where we are today!"
Chu Huan smiled, and then asked Wu Shuhan to call He Bingguang and ask He Bingguang to come up to discuss the specific transaction details with Chen Songqing.
.
In the evening, Chen Songqing met Luo Yingshi from Great Eagle Real Estate in a private club in Lan Kwai Fong.
After many previous collaborations, the two now seem to be very good friends.
"Luo Sheng, you should already know about Zhulu Real Estate's desire to sell our Jia Ning stock, right?"
After meeting Luo Yingshi, Chen Songqing preached straight to the point.
Luo Yingshi nodded and said with a smile: "This matter is making a big fuss in Xiangjiang now, how could you not know about it! Chen Sheng should be worried about this matter now, right?"
Chen Songqing smiled reservedly and said: "What's there to worry about? Luo Sheng, you don't know about the development of our Jia Ning. Giving up Jia Ning's shares now can only be said to be Chu Huan's loss. There are also three
The Yue Hongmian Building is about to be completed. According to the current land price in Xiangjiang, it will definitely be sold out as soon as it opens, and the stock price of Jianning will definitely reach a higher level by then."
Luo Ging-shi looked at Chen Songqing with some envy. Last year, the MTR Corporation's bidding for the property development rights above nine subway stations was actually won by Chen Songqing's Jiani. In this moment, Jiani became the top real estate company in Hong Kong.
The market value of his Great Eagle Real Estate, not to mention Great Eagle Real Estate, or the entire Great Eagle Group is inferior to that of Carin.
"Then why did Chen Sheng invite me over this time?" Luo Yingshi gave up his thoughts and began to ask Chen Songqing why he invited him over.
Chen Songqing said: "Last year, Luo Sheng's Eagle Real Estate was the real estate company that had the most cooperation with our Caring Company. I remember that Luo Sheng mentioned to me many times before that he wanted to invest in our Caring Company.
, isn’t now the best time?
We, Jianing, have reached a consensus with Zhulu Real Estate and will repurchase 10% of Jianing's shares held by Zhulu Real Estate at a price of HK$100 million. At that time, Luo Sheng can use part of the Eagle Group's equity and cash to acquire this part.
shares, when the time comes, the cooperation between you and me will be even closer, and this win-win situation will definitely make the stock prices of our two groups rise again!"
This is the reason why Chen Songqing made an appointment with Luo Yingshi.
Although Chen Songqing spoke so arrogantly in Chu Huan's office in the morning, he actually knew the situation of Jianing. At this time, Jianing simply could not come up with 1 billion Hong Kong dollars in cash to repurchase Jianing.
of shares.
Part of it could be solved through a loan from HSBC, and then he set his target on Luo Gingshi.
The assets of Jianing are artificially high, but the assets of Eagle Series are not artificially high. If it can be done at this time, if Eagle Series is a listed company.
In this way, the risk can be shared equally, and at the same time, he can also obtain a part of high-quality assets.
Chen Songqing's calculations were loud and clear.
Luo Yingshi was in a tangle at this time. In the past two years, he had seen Jia Ning making rapid progress in Xiangjiang like a rocket. It was impossible to say that Luo Yingshi was not envious.
But now that the opportunity is in front of him, Luo Gingshi is hesitant again.
Although everyone in Xiangjiang now generally agrees that Jia Ning is backed by big capital, in any case, Jian Ning's development is so fast that it is inevitable to make people suspicious.
And Luo Yingshi happened to be a cautious person.
"Of course, if Luo Sheng has any difficulties, he might as well tell him directly. I think the entire business community in Xiangjiang knows what the situation of Jianing's stock is now in Xiangjiang. If it hadn't been for the cooperation between us over the past year,
A lot, and it was very pleasant during the cooperation. We at Jianning still hope to cooperate with more powerful real estate developers!"
This chapter is not over yet, please click on the next page to continue reading! Chen Songqing saw Luo Yingshi's hesitation and faint sermon.
It seems that allowing Luo Yingshi to invest in Carining is Caring's care for Yingjun.
Luo Yingshi sneered and said: "Chen Sheng, you should also know our difficulties. Our Yingjun is different from Jianing. We are three listed companies. The combined market value is less than half of Jianing. This is a need
It’s a very detailed work, and it also involves cash replenishment, so it’s inevitable to think more.”
Chen Songqing nodded and said with a smile: "Well, I'll give you Luo Sheng three days to think about it. At that time, regardless of whether Luo Sheng is willing to deepen our cooperation, you only need to give us a definite answer!"
"
What Luo Gingshi wants is time to think about it. This matter is too big. He needs to discuss it with the shareholders of Great Eagle Real Estate after he goes back!
"Thank you Chen Sheng!"
.
‘Since the beginning of 1982, the largest equity transaction in Xiangjiang has been completed!’--"True News"
A few days later, the transaction between Jiali and Zhulu Real Estate for Jiani’s 10% equity was completed, and the transaction immediately appeared in the newspapers.
As soon as the news came out, the whole of Xiangjiang was once again shocked by Jia Ning's generosity.
To be honest, when Zhulu Real Estate wanted to sell the equity of Jianing, it aroused many people's suspicions about Jianing's shares. But now Jianing has not only fully repurchased this part of the equity, but also purchased it at a higher price. Sure enough, it belongs to Jianing
Consistent style.
This also makes more people think that Jianing is still the same Jianing.
In fact, the discussion about this transaction at this time was divided into two directions.
Ordinary Xiangjiang stockholders discuss more about the situation of Jianing, while the Xiangjiang business community discusses Zhulu Real Estate more.
As a real estate group under Jiaku, Zhulu Real Estate’s behavior can be said to be the first time that a group under Jiaku has raised cash by trading the stocks it holds.
Everyone has discussed this matter before, and the conclusion is that Jiaku is no longer satisfied with the local market in Xiangjiang. In other words, Jiaku is no longer satisfied with its business territory at this time.
It is based on the light industry model.
Take a look at the industry in Jiaku in the past.
Clothing, animation, games, media, real estate, finance, and retail are all asset-light industries, which means that these industries are all low-investment, high-return, and short-cycle projects.
Now the development direction of Jiaku has obviously begun to develop in the direction of heavy industry. This is the case in Australia and Brazil's investment in iron mining.
Even in Hong Kong, they have reorganized Wheelock Shipping into Wheelock Steel.
To put it simply, Jiaku is undergoing transformation at this time!
They began to participate in heavy industry that had a far-reaching impact on the world.
Everyone has different views on this transformation of Jiaku. Some people think that places like Xiangjiang simply do not have such soil. Even if Jiaku has put these investments overseas, compared to the local area, Jiaku is after all
Migrant households, let alone how many policy preferences they can afford, do not have an advantage in competition with local enterprises.
Not to mention that such industry investment is quite huge, and it is difficult to see profits in a short period of time!
Some people are not optimistic about it, but naturally some people are optimistic about it. In the eyes of many people, Jiaku has formed a monopoly trend in the fields it has been involved in. If Jiaku cannot open up a new industrial chain.
No one knows whether Jiaku will be able to maintain its current situation more than ten years from now.
One more road means one more chance of survival!
There are different opinions, but there is one thing that everyone agrees on, that is, at this time, Jiaku must indeed have encountered the most serious cash flow problem for them since its establishment!
Faced with such comments from the outside world, Jiaku remained unmoved and did not care about these things at all.
Soon, it was time to announce the winning bid for the land in Central!
February 12, 1982!
The Hong Kong government announced the winning bid for the Central landmark through newspapers and media.
Xiangjiang Zhulu Real Estate won the bid for the terminus of minibuses and minibuses in Central at a price of HK$4.5 billion. This land has also become the highest unit price since the opening of the Hong Kong port!
At the same time, this price exceeds Cheung Kong’s 4.3 billion and Sun Hung Kai’s 3.8 billion!
Subsequently, Zhulu Real Estate announced that it would build three Grade A office buildings on this land, called Exchange Plaza, with a total investment of HK$8 billion!
As soon as the news came out, Xiangjiang was shocked again.
At this time, two people were discussing this matter in an office building in Hong Kong Central.
This is the headquarters of Xiangjiang Eagle Group's Bailibao business, and it is Luo Xurui, the second son of Luo Yingshi, who is responsible for Bailibao's business!
In 1975, Luo Xurui, who graduated from the Department of Architecture at Xiangjiang University, joined Great Eagle directly.
In May 1980, Great Eagle formed its hotel business into Regal Hotels Group, and in October of the same year it was listed in Hong Kong. It publicly sold 160 million new shares at a price of HK$1.9 per share, raising HK$300 million for the construction of the hotel in Hong Kong.
Two Regal hotels in East Tsim Sha Tsui and the airport.
Later, through Regal Hotels, Great Eagle acquired 10% of the equity of Wing Cheong Shing, a small listed real estate company, for HK$106 million.
In January 1981, Wing Cheong Shing acquired a number of properties from Regal Hotels in cash and by issuing new shares, including the site of Regal Riverside Hotel in Shatin, as well as approximately 10% equity interests in CMB and KMB each, and subsequently changed its name to Bailey Investments.
At the same time, Palibo, Great Eagle Properties and Regal Hotels are the three major listed companies in the Great Eagle family.
Before, when Chu Huan invested in CMB, he had said that in fact, in another time and space, Bailibao also launched an acquisition of CMB.
Not only CMB, but in fact, Bailibao also wanted to get the KMB. However, in another time and space, Li Zhaoji took the lead in acquiring KMB, and Bailibao had no choice but to set his target on CMB.
This chapter is not over yet, please click on the next page to continue reading! However, in this acquisition, the Yan family was united and finally resisted Bailibao's acquisition. However, Bailibao also gained a lot through this acquisition.
Cash Profit!
But now, whether it is CMB or KMB, the largest shareholder is Jiaku, which makes Bailibao have no guts to acquire CMB or KMB.
But that was what I thought before. Now there are sudden reports in the market that Jiaku has a possible cash crisis, which makes Luo Xurui once again see the opportunity to acquire CMB!
In fact, at this time, Luo Xurui not only wanted to acquire CMB, but he also wanted to acquire the two groups of Bailibao and Regal Hotels!
Everyone read it correctly. Although these two groups belong to the Great Eagle family, in Luo Xurui's view, these two groups belong to the Great Eagle family, but they do not belong to him.
Fights within wealthy families have always been the most common sight in the business history of Hong Kong!
After the death of Eagle King Real Estate, the Luo family's internal struggle reached its peak, and Luo Eagle's widow became an important bargaining chip in the hands of his children.
So at that time, we could always see their children pushing the widow of Luo Gingli, who was no longer able to walk, in public!
As for the ghost guy who is currently with Luo Xurui, he is also a figure who plays a decisive role in the business history of Hong Kong!
Wei Li!
The most famous corporate doctor in Xiangjiang, in another time and space, after HSBC acquired Hehe International, it invited Wei Li to be the chief executive of Hehe International. It was he who led Hehe International out of difficulties, merged Huangpu Shipyard, and established Hehe International.
yellow!
But later, during the competition with Li Jiacheng, he had no choice but to leave Hutchison Whampoa.
Being invited by HSBC to serve as the chief executive of Hehe International shows that Wei Li was already very famous in Xiangjiang before that!
Wesley is a Scotsman who was born in Australia in 1932. He worked as a lumberjack and an apprentice in his early years. In 1951, he left Australia to work for Warner Bros. Ltd., the largest car dealership company in Malaysia. He was promoted from engineer to manager and became an amateur racing driver.
.
In 1964, Weili was invited to come to Xiangjiang to take charge of Xiaba Automobile Company. Three years later, he successfully developed the company into a huge enterprise group. In 1973, he was invited to take over Xinchang Enterprise, which was on the verge of bankruptcy, and turned the company around from losses to profits.
The name of Wei Li became famous in Xiangjiang.
Originally, according to the development of another time and space, Wei Li would be hired as the president of Hehe International in 1975, but due to Chu Huan's intervention, Wei Li lacked this level of experience.
It also made his life change at this stage.
Originally, Wei Li would join Baileys after leaving Hutchison Whampoa, but because he did not have the experience of Hutchison in the past few years, Wei Li would have joined his private company Asia Securities after leaving Baileys.
Acquired Yiren Real Estate, a small listed company in Xiangjiang, and changed its name to Asia Securities International!
Asia Securities International later also participated in the acquisition of Chinese Real Estate. Now it seems that this matter is impossible to happen.
But now this matter is ahead of schedule.
But at the same time, Wei Li was also invited by Luo Xurui to join Bailibao as a director of the company.
"Wei Li, I think now is the best time to acquire CMB. Chu Huan can give up Jianing's shares for the development of Zhulu Real Estate. Now we have reason to believe that they will also sell CMB for their own capital allocation.
shares!”
Luo Xurui preached with some excitement at this time.
Wei Li said with some worry: "Now that Zhulu Real Estate has completed the bidding for the land in Central, will they still lack funds?"
However, Luo Xurui said with confidence: "There will definitely be a shortage. You must know that the total investment in the entire Exchange Square project is 8 billion Hong Kong dollars. Zhulu Real Estate only received 1 billion Hong Kong dollars from selling Jianning's shares. This is not enough for them to deliver this piece of land."
As for the land transfer fee, and the initial investment for this project must be at least HK$700 million, I don’t believe that Zhulu Real Estate can come up with so much cash.
Otherwise, they wouldn’t have sold such high-quality assets as Jiani Real Estate!”
Wei Li nodded and said: "Although I agree with this matter, assets like CMB and KMB are not shares in the real estate industry. There are only these two bus companies in the whole of Hong Kong. With them, together with Zhulu Real Estate
Only those residential projects we cooperate with can open minibus stations as soon as possible, and I am worried that Jiaku will not give up its shares in these two bus companies."
Luo Xurui has his own thoughts on this matter.
"Of course I know this, but in this case, one bus company is actually enough. The two bus companies are actually a bit bloated for Jiaku. Now we are buying one of them, I think Chu Huan
There won't be any problem.
And the most important thing is that I have already discussed it with the Yan family. Although Chinese Real Estate has never been involved in direct management of the development of CMB, Chu Huan has always had some opinions on the next generation of the Yan family taking over CMB.
, this is not what Yan Chengkun wants to see, so they are very willing to cooperate with us.
After winning the operation rights of CMB, Bailibao will be responsible for the development of CMB land, while the Yan family will continue to operate CMB!"
Wei Li was a little surprised. He did not expect that Luo Xurui had secretly contacted the Yan family and received support from the Yan family.
Luo Xurui continued with a smile: "According to the Xiangjiang Public Utilities Management Regulations, public utility companies such as CMB are not allowed to hold wholly-owned shares. Now Chinese Real Estate is only their largest shareholder, but in fact the shares they hold are the same as Yan
The homes are not much different.
If we now add our shares in CMB, we can completely tie with Chinese Land’s shares in CMB. As long as we acquire some more shares in CMB, the shares of both companies can even exceed that of Chinese Land!”
Wei Li immediately reminded: "You must not do this unless it is a last resort. Jiaku only has some cash flow problems in its business in Xiangjiang at this stage, but Jiaku's influence is still there. This is something we cannot
Neglect, if possible, I definitely don’t want to be enemies with Jiaku in Xiangjiang!”
Luo Xurui nodded and smiled: "Don't worry, I naturally know this, so my strategy is to be polite with Jiaku before fighting. I plan to talk to Chu Huan about this matter first. It will be good if Chu Huan can agree to our acquisition."
Well, if you don’t agree, then you can only rely on your own abilities in the mall!”
It can be seen that at this time Luo Xurui has made up his mind to obtain the operating rights of CMB!
Wei Li reminded: "Should we discuss this matter with Luo Weng?
This time, there is no chance that he and Jiaku will have a head-on confrontation in the shopping mall. At first, Yingjun only did some small tricks on the matter of Qingzhou Yingni, but he was almost suppressed by Jiaku and was out of breath.
Later, Luo Griffith asked Roy Bentley for help, and the matter was finally over.
Now that Luo Xurui wants to compete with Jiaku again, Wei Li is naturally worried!
Luo Xurui waved his hand and said: "No, let's wait until Chu Huan and I meet!"
When Wei Li saw what Luo Xurui said, he stopped trying to persuade him.
In fact, during this period of time, rumors about the quarrel between father and son, Luo Griffiths and Luo Xurui, have been spreading within the Great Eagle Department. Luo Griffiths is cautious and safe in doing business, while Luo Xurui is radical and risky in doing things!
This is a theoretical disagreement between the two father and son, but in fact it is difficult to reconcile.
In fact, next year, the Great Eagle Department will face its biggest difficulty since its establishment.
At that time, although there was no way to compare the debts owed by the Great Eagle Group to Land's, the losses of the Great Eagle Group were indeed as high as those of the Land Group, or even more.
As of September 1983, according to the financial results of the Great Eagle family at that time, the losses of the three listed companies were: Great Eagle - a recurring loss of HK$95.6 million and a non-recurring loss of HK$443.6 million, with a total loss of nearly HK$5.
40 million Hong Kong dollars.
Regal——Recurring losses were HK$355.5 million, non-recurring losses were more than HK$247.5 million, and including other losses, the total was about HK$1.2 billion.
Bailibao - Recurring losses were HK$399.3 million and non-recurring losses were more than HK$247.5 million, totaling approximately HK$650 million.
The total losses of the three listed companies reached HK$2.4 billion, which was twice the loss of Land at that time!
Under such circumstances, Luo Yingshi's idea is to sell Regal and Palibo and keep Great Eagle's core company, Great Eagle Real Estate.
Luo Xurui is not satisfied with Luo Gingshi's decision. He believes that Regal and Bailibao only suffered short-term losses. From a long-term development perspective, the potential of these two groups is still great.
But at that time, the helm of the Great Eagle Department was still Luo Yingshi. No matter how dissatisfied Luo Xurui was, there was nothing he could do. In the end, Luo Yingshi announced the sale of Regal and Bailibao.
As a result, what surprised the entire Xiangjiang business community was that it was Luo Xurui, the son of Luo Griffiths, who acquired these two groups!
It can be seen from this incident that Luo Xurui is a very independent person.
In fact, he has long been dissatisfied with some of his father's operations. Now he plans to deal with it first and then talk about it later!
Later, Luo Xurui called Jiaku's office and asked to meet Chu Huan, and made his intention to meet Chu Huan clear!
result
"Boss, Luo Xurui from Bailibao has asked to meet with you to discuss the development of China-Pakistan!"
After Xu Yi received the call from the office, he told Chu Huan about the incident!
After hearing this, Chu Huan asked casually: "Isn't the management right of CMB now in the hands of the Yan family? What does he have to talk to us about?"
Xu Yidao: "According to the information from Mr. Wu, Luo Xurui has met with the Yan family many times during this period, and the Yan family seems to have made a decision about the successor!"
Chu Huan understood the meaning: "So, Yan Chengkun is a little dissatisfied with the things we discussed with him before?"
Xu Yi smiled and said: "Although we promised Yan Chengkun not to interfere in his arrangement of successor, we also said at the time that if his successor cannot lead China and Pakistan to continue to be glorious, we have
The right to take over the management rights of CMB.
Yan Chengkun should have some opinions on this treaty!"
Regardless of whether my descendants have the ability to run CMB better, I hope that CMB will always be in the hands of our Yan family.
I'm afraid this is what Yan Chengkun was thinking at this time, right?
Yan Chengkun was able to agree to Chu Huan's treaty before because Yan Chengkun was still very energetic at that time, but now that Yan Chengkun is getting older, he has to consider his successor.
Naturally, there have been some changes in my mentality!
"So, when Luo Xurui meets me this time, he wants to force me into the palace?"
Chu Huan said funnyly.
Xu Yidao: "It's not a matter of forcing the palace. I think the other party wants to acquire our shares in China and Pakistan!"
Chu Huan smiled disdainfully and said to Xu Yi: "Let him find Wen Mingzhang. Wen Mingzhang is in charge of this matter now. Besides, I don't have time to see him!"
"yes!"
Thank you everyone, typos will be corrected first and then~