When Lin Zuhui arrived at the New Era Real Estate office building, he could clearly see the fanatical admiration in the eyes of the employees.
"Boss, morning!"
"boss!"
Everyone is in high spirits and the new week is full of passion.
Lin Zuhui nodded and walked towards his office. He is a dignified young boss. He doesn't like to get too close to his employees at the moment. This is probably instinct.
However, New Era Real Estate has good wages and good prospects, so everyone has a high sense of belonging. In addition, Lin Zuhui is the idol of young people in Hong Kong and has gained countless fans from his own company's employees.
After sitting in the office, Lin Zuhui read the newspaper for a while. Various media were still surrounding "Tiantian Daily" in the newspaper, and they were advertising for "Tiantian Daily" in disguise. They didn't know this reason.
The deal is done, "Tian Tian Daily" has announced the end of disguised price reductions on the 20th of this month, and is also happy to accept huge advertising fees. The losses are short-lived, and Wanhui Media can earn back the money it lost in "Tian Tian Daily" in at most three years.
More than 120 million were spent on it.
After reading the newspapers, no major newspaper criticized him by name. Lin Zuhui was in a good mood instantly!
If you dare to scold yourself directly, you will let "Tiantian Daily" and "Fresh Weekly" respond to their boss and write their boss to death.
As for criticizing Sang and Huai, he can only pretend not to know.
After reading the newspaper for a while, Lin Zuhui started thinking again - about the New Era Consortium.
Currently, as the Hang Seng Index has approached 1,800 points from more than 1,600 points in March;
Coupled with the prestige of New Era Real Estate's acquisition of the established real estate company, Huaren Real Estate, New Era Real Estate's market value rose again by 10%, reaching 2.3 billion (3.6 yuan per share, total equity 636 million shares).
The share price of Chinese Land remains above 19.5 yuan, with a market value of 550 million; the share price of China Entertainment Group is 6.3 yuan, with a market value of 360 million.
Therefore, the market value of the entire New Era Consortium is 3.2 billion!
Lin Zuhui plans to wait until the Hang Seng Index breaks through 2,000 points to conduct a rights issue to raise funds for the whole system to develop the real estate business, which is expected to be completed around September this year.
So in the intervening five months, the three companies could only proceed step by step!
Fortunately.
At present, New Era Real Estate has completed asset adjustment and has huge development potential:
It has five properties for sale, and started construction on two more sites in the first four months of this year. The value of the properties under construction is worth 500 million, with thousands of residential units.
The market value of New Era Real Estate's land and old buildings is expected to reach 1 billion in the next month. This is the company's land reserve status; while the rent-collecting properties have been less than 600 million, and the proportion has been greatly reduced;
The rest are the foreign exchange market value of nearly 200 million, and the 51% stake in Chinese Real Estate (valued at 270 million);
Total assets have reached more than 2.5 billion, debts exceed 800 million, and net assets have risen again to 1.7 billion!
In terms of Chinese Real Estate, the high-quality properties it holds are about 700 million yuan, the value of the securities it holds is also 250 million yuan (including 49% of China Entertainment's shares), the asset value is 950 million; its loans are 360 million, and the company's net worth is 600 million
.
As for the Chinese Entertainment House, the Entertainment House is a building built in 1963. The site area of the Entertainment House is not large, only 5,800 square feet. The Entertainment House was the location of the first generation of Hong Kong Club in 1846. In 1928, the entire building
Together with the "Contrast Theater" behind it, it was demolished and rebuilt into the first-generation "Entertainment Theater" with air-conditioning in 1931. There was a dance hall and "Jinghua Restaurant" on the building. In 1963, the Entertainment Theater was demolished and rebuilt and built into the second-generation "Entertainment Theater".
A new type of "entertainment theater" for the modern era.
Although the entertainment store occupies a small area, due to its excellent location, there is no problem with its current value of 300 million. (PS: In the previous life, in 1987, it was purchased by the parent company Huazhi for 400 million and rebuilt. It was rebuilt into the neoclassical style we see today.
It is a 32-storey-style skyscraper with a property area of more than 150,000 square feet. The ground floor is a fashion store, a Western restaurant and a Chinese restaurant, and the upper floor is an office building. It was completed in 1993 and has been purchased by the wealthy family and the fourth wife of the gambling king. The highest value is 80
100 million.)
China Entertainment also owns other properties worth about 200 million, with loans of less than 100 million. It is a very good listed company that only collects rents.
"After the August 7th stock market crash, China Entertainment must be privatized! The entertainment industry must also be rebuilt!" Lin Zuhui said softly.
The so-called privatization means letting Chinese Real Estate hold 100% of the shares.
At this time, Lin Zuhui held 33% of New Era Real Estate's shares, New Era Real Estate held 51% of Chinese Land, and Chinese Land held 49% of China Entertainment.
"My Iceberg Beauty Wife"
Interlocking, chain holding!
Perfect!
Although Lin Zuhui's personal interest in it is very small, after all, his financial strength is inherently insufficient. In the early stage, he just controlled the business empire first, and then looked for opportunities to expand his profits in it (increased shares in New Era and privatized Sun Company).
...
There are rumors in the market that Aimeeco, controlled by Liu Luanxiong, bought 10 million shares of China Gas from Chinese Land;
Sensitive stock traders speculate that the Liu Luanxiong brothers' next target will be to snipe coal.
Towngas has been established in the 19th century. In the early days, it mainly provided gas lights for Hong Kong. In 1960, Towngas was listed in Hong Kong through a share placement. At that time, the chairman of Towngas was John Madden, chairman of Wheelock, and the four directors were Hutchison & Company.
, Junyicang Chairman Kou Cha, Li Mingze, Li Fushu.
In 1983, Lee Shau-kee acquired Towngas and became a subsidiary of Henderson Land. Because Lee Shau-kee was a low-key figure, the battle with China Coal was not as earth-shattering as the acquisition of Hutchison Whampoa and Wharf by Lee Chao-kee and the chartering king.
China Coal is the only gas supply monopoly company in Hong Kong, with stable income; this year (1986), Li successively sold China Coal's profits and shares for cash, which was used to develop the real estate industry. Li's weight reduction promoted China Coal's
The stock price has fallen and is currently only over 13 yuan per share.
After Liu Luanxiong took 10 million shares of Towngas, he took advantage of the low price and spread the news, so that Lee Shau-kee could also come to raise funds and push up the price of Towngas.
Lee Shau Kee learned that the acquirer was Liu Luanxiong, a "villain". Although he told the media that he was not afraid of someone acquiring Towngas, in fact, he secretly did not dare to take it lightly and spent a large amount of funds to absorb the shares he had originally given up.
This plays into Liu Luanxiong's plan. He knows that Li Shauji will not be so kind and buy the stocks in his hands at a high price. Then he can use Li Shauji to buy back the stocks. When the price of China Coal is pushed up to a certain price, he can directly buy it in the market.
Sell on.
At this time, Liu Luanxiong only owned a listed company called Aimei Gao. In fact, the possibility of acquiring Towngas was very low. However, Li Shauji was also worried that someone would join forces, and his own shareholding was indeed too low, so he planned to increase his shareholding to 35%.
Liu Luanxiong himself also deeply felt that the market value of Aimeigao was too low, and he continued to search the market for real estate companies with unstable major shareholders to use as his future flagship.
Soon, he set his sights on Huamei Real Estate. This company was listed in 1972 and was a very high-quality real estate company. The major shareholder only held more than 20% of the shares, which strengthened Liu Luanxiong's determination.
This time he was determined to take it.
Of course, this is something for later, so I won’t mention it for now.