Lukfook Jewelry's headquarters is located in an office building in Central. It covers an area of 2,000 square feet and has a monthly rent of RMB 50,000. It is a first-class office building in Central.
In the past two years, with the transformation of Hong Kong's economic structure and the rapid development of the service industry, a large number of foreign companies have used Hong Kong as a springboard to enter the mainland. The demand for office buildings has continued to rise, causing the vacancy rate to drop from the peak of 20 in 1983.
%, has fallen back to the current level of about 6%, and is still falling. Taking Exchange Square as an example, the rent has now risen to about 28 yuan per square foot per month, and is expected to exceed 30 yuan next year (1987).
This is still when the vacancy rate is 6%. Once the vacancy rate is below 2%, office rents may become even crazier (note: it briefly rose to 85 yuan per square foot per month in the first half of 1989).
Lin Zuhui followed Wang Zuxian to her office. When he came to the door, he couldn't help but look at the words "Executive Director's Office" on the door, and couldn't help but smile on his face.
Wang Zuxian saw Lin Zuhui's expression, took Lin Zuhui's arm coquettishly, and then dragged Lin Zuhui into the office.
"How dare you make fun of me!"
Wang Zuxian pushed Lin Zuhui into his office seat and leaned in front of his desk, pretending to be aggrieved.
Looking at Wang Zuxian, who has entered the workplace from the entertainment industry, she looks somewhat capable even though she is not wearing a uniform; she is the spokesperson of Lukfook Jewelry, so she does not need to wear work clothes, which will have a bad influence.
Lin Zuhui said with a smile: "I'm not making fun of you! I just think it's incredible. The 18-year-old girl in the past has now become a business person like me."
Wang Zuxian looked happy, but she said softly: "It's not you who pushed me to this position. I still think filming is fun!"
"Then you go and film. I'll find someone to replace you!"
Wang Zuxian's face froze, and a sad expression appeared immediately, as if there was no need to brew.
When she saw Lin Zuhui's joking expression, she realized that she had been tricked, but she still lost her temper and turned away from Lin Zuhui.
"Then you go find someone else. Anyway, I am not as beautiful as Sister Guan, nor as beautiful as Sister Ning. Ling Yin is obedient!" After saying that, Wang Zuxian crossed her arms and looked angry.
Lin Zuhui felt that he was blessed to see a scene from his previous life again!
I don’t know why, but he finds these female celebrities as lovers and always likes to relive the impressions of his previous life.
Take Guan Jiahui for example, he always describes the clothes based on the memory in his mind, then asks her to find them by herself, and then wears them for herself.
In the end, Lin Zuhui believed that the memory of his previous life still dominated, so he missed it so much.
"Then I'll take it seriously, tomorrow..."
Before she finished speaking, Wang Zuxian turned around suddenly and said, "No!"
Seeing the evil smile on Lin Zuhui's face, she burst into tears and threw herself into Lin Zuhui's arms.
Lin Zuhui was not in a hurry, and he didn't often appreciate the beauty of pear blossoms and rain. He just wiped her with his thumb.
"You hate me, you just know how to bully me!"
With a little coaxing from Lin Zuhui, Wang Zuxian soon stopped losing his temper!
"Hmph, don't even think about finding someone to replace me. I, the third wife, have been notarized by everyone, and you personally promised it!" Wang Zuxian said seriously, with the blush on her face not dissipating.
Lin Zuhui sniffed his fragrant hands in a mean manner and said, "You know it too! Usually I think you are the most thoughtful, but now you care so much about this position. Why do you want to rebel against me?"
Wang Zuxian immediately lowered her head and said, "No! I get along well with my sisters and Ling Yin, but I'm just not very good at expressing myself!"
Lin Zuhui inadvertently completed the act of beating this woman, and he was very satisfied with the results.
Regardless of whether he settled Guan Jiahui, Cai Ning, or Wang Zuxian, he only invested 10 million; but in fact, he took the trouble to conceive a career suitable for them, and also found helpers for them and provided them with services.
resources, etc.
What he actually paid was far more than what Liu had given in his previous life; of course, he also received more. These women must serve as their wives dutifully.
"That's good. I'm worried that you feel you have wronged yourself, so just tell me properly!"
"No, I'm very happy, Brother Hui!"
Wang Zuxian quickly returned to Lin Zuhui's arms to express her loyalty!
This time, Lin Zuhui did not mess around, but nodded and said: "That's good, I will let you enjoy the best things in the world until you are eighteen years old from now on."
"Thank you, Brother Hui!"
Beat a stick and give a sweet date.
Lin Zuhui also asked Wang Zuxian to sign up for some etiquette and etiquette training courses. After all, she is not the most suitable to endorse jewelry; jewelry spokespersons usually choose beauty pageants such as Miss Hong Kong, whose body shape and body language are more in line with 'elegant and noble'
of jewelry.
Of course, the reason why those Hong Kong sisters have such a temperament is actually just that they have received more than ten days of training from the organizer before the beauty pageant, and they can learn this stuff.
Wang Zuxian readily agreed and felt that Lin Zuhui had considered everything comprehensively.
...
Cathay Real Estate.
Chairman Chen Zhengwen was in his office, looking at the Cathay Real Estate asset restructuring plan sent by New Era Real Estate, and he was obviously not in a calm mood.
Chen Zhengwen feels very comfortable with the new era real estate’s approach of ‘courtesy first, then attack’;
Moreover, the ‘asset restructuring plan’ proposed by New Era is also very beneficial to him.
Who in Xiangjiang doesn’t know the tricks of their boss Lin Zuhui? Any listed company that Lin Zuhui touches will soon rise in value, and his wealth will skyrocket. Rumor has it that Mr. Lin has a magic rejuvenation technique, and a dying sick woman (company) has been treated by Lin’s magic hands
If you touch it, it will restore its three-spring color, like a young girl.
Although he is going to lose his position as the boss of Cathay Land, he doesn't care about this position at all compared to being able to cash out at a high price in the future.
"I injected 100 million Hong Kong dollars in exchange for 48% of Cathay Land's shares. Although my shares have been diluted, as long as the news of New Era Real Estate's acquisition of Cathay Land comes out, Cathay Land's stock will at least double."
"Furthermore, according to Lin Zuhui's method, it is normal for the stock price to not only double, but also triple or five times. By then, as long as I cash out at a high level, I will receive a large amount of cash, which is better than just receiving the director's robe every year now."
Soon, Chen Zhengwen made a decision. He planned to convene the board of directors, announce the plan to everyone, and obtain the board's approval.
At this time, although Chen Zhengwen was the major shareholder of Cathay Real Estate, he only held 25% of the shares, and his equity was not secure.
Of course, Lin Zuhui would not be stupid enough to directly acquire it. This would not only cost a lot of money, but also leave a "notoriety", and such an acquisition would not bring cash to Cathay Real Estate.
Cathay Real Estate has no cash injection, so it will be difficult to support the company's asset restructuring.
At Cathay Real Estate's board meeting, Chen Zhengwen sent copies of the "Asset Restructuring Plan" to all the directors.
"Everyone, New Era Real Estate promises to protect everyone's interests. Don't worry about your shares being diluted. After the asset reorganization, the share price of Cathay Real Estate may be several times higher. Everyone should carefully consider this opportunity to make a fortune."
Of course, all the directors had heard of Lin Zuhui's name. At this time, they were already in ecstasy and looked at the plan seriously.
Because the one-time issuance of 48% of new shares requires a shareholders' meeting, the support of the board of directors will be very important. Of course, with Lin Zuhui's reputation, Cathay Land's shareholders can't wait to welcome it early, so there is no reason to disagree.
Sure enough, at the board meeting, the resolution to accept capital injection from New Era Real Estate was basically passed unanimously.
.......
In mid-September, Cathay Real Estate and New Era Real Estate formally reached an agreement: Cathay Real Estate will issue 30 million new shares, accounting for 48% of the total share capital, in exchange for 102 million in cash from New Era Real Estate. New Era Real Estate took over Cathay Real Estate and carried out
Asset restructuring.
On the board of directors of Cathay Real Estate, Lin Zuhui was elected as the chairman of Cathay Real Estate, Liang Zhenxun was elected as the executive director, and Lu Donglai, the former executive of New Era Real Estate, was elected as the general manager and director of Cathay Real Estate. Cathay Real Estate management has become the leader of New Era Real Estate in the blink of an eye.
The world.
Lin Zuhui first said: "Cathay Real Estate has changed its name to 'Cathay City'. Manager Lu took the time to announce and complete the procedures!"
When Lu Donglai first took on the big job, he was ready to do something big. He immediately straightened his body and said, "Yes, boss!"
He only came to New Era Real Estate five months ago. He also knows that Cathay City will serve as the hotel management flagship company of New Era Real Estate in the future, so he feels honored and passionate.
Then, Lin Zuhui asked Liang Botao, the consultant for this "asset restructuring", to explain the "asset restructuring plan" in detail to the directors and management.
The so-called asset restructuring has three important factors to ensure success:
First, there is the support of banks. In this regard, Lin Zuhui has contacted three banks to provide Cathay City with a loan of 200 million. Together with the capital injection of 100 million from New Era Real Estate, it is enough to complete the asset restructuring.
Second, sell bad businesses and assets and immediately buy high-quality assets; as a professional real estate company, New Era Real Estate’s strength in this area is unquestionable. In less than two years, New Era Real Estate has purchased billions
of high-quality land and properties, and has extensive experience in this area.
Third, raise funds through rights issue and then purchase assets; this step is done by Lin Zuhui personally. Just as the Hang Seng Index is about to skyrocket, he plans to take advantage of the bull market to raise funds through Cathay City rights issue around November; all the funds obtained will be used
To purchase quality properties.
After Liang Botao finished speaking, everyone in the conference room truly felt the legendary "turning stone into gold and rejuvenating" technique.
Then again, why can’t the original major shareholders reorganize their assets?
The reason is very simple. The most fundamental reason is that he has no strength. How can a bank lend you a loan? Creditors will not give you time to pay interest.
A director asked: "If we sell all the catering and industrial businesses, will we lose a long-term stable income project?"
Short-sighted!
The annual income from these businesses is not as good as rent collection; and their own value is far less than that of real estate.
Liang Botao replied: "We have investigated and found that Cathay City's investments in this area are now suitable to be sold at high prices. The annual income of these businesses is not as good as rent collection, and the stability is also very poor. It is just right to sell them at high prices to invest in high-quality
Properties allow the company’s short-term asset appreciation, which is conducive to an increase in stock prices.”
The key is to be able to sell at high prices, and the original asset valuations of these businesses are not high.
Between selling and buying, the company's assets increase, which is the purpose of asset restructuring.
Of course, with this asset reorganization, Lin Zuhui can be said to be riding on a giant - the stock market has soared; otherwise, if the market is average, even if he has great ability, he will not be able to achieve outstanding results.
In his previous life, Luo Xurui acquired Cathay Real Estate in March 1987. In May, he introduced the asset restructuring and announced that the asset value of Cathay Real Estate had increased fivefold. One important reason was that from March to May, the Hang Seng Index rose by 300 points. He took advantage of this.
With the bull market and a wave of rights issues, the company's asset value has naturally increased.
The money raised from the rights issue does not need to be repaid, nor does it need to be paid interest. It is equivalent to giving it to the company for free.
After all the directors had no doubts, Lin Zuhui immediately arranged who would sell the company's assets and business, who would look for high-quality properties, who would be responsible for the stock market, etc.
Soon, everything was in order and a high-speed machine was running. As for him, he only needed to sit in the leadership position and direct the country.
As a consultant, Liang Botao only pays attention to and provides professional advice and can receive a commission;
Of course, the commission is secondary. The real big deal is the loan provided by Universal Baotong, which is the biggest profit.
Cathay City's top priority is to reorganize its assets and restore investors' confidence in it before considering entering the hotel industry. If Cathay City's market value is 7.8 billion, it can raise funds through rights issues before the 1987 stock market crash, and then use that money to invest in the hotel business.
, the effect is very obvious.
As for the hotel field, Lin Zuhui plans to carry out acquisitions and self-construction at the same time, with overseas acquisitions also being a focus.
.......
In the office of New Era Real Estate, Lin Zuhui was sitting in a chair, thinking about some plans.
If Chinese Real Estate needs a rights issue to raise 1 billion (to purchase a building) at the end of the year, New Era Real Estate, as its major shareholder, will need to invest 490 million (holding 49% of the shares). So where will New Era Real Estate come from for this money?
Also, if New Era Real Estate has a debt of 1.5 billion, how can it be reduced to 500 million to 800 million before the stock market crash?
Soon, he wrote in his notebook:
The 5,500 September futures contracts held by New Era can make a profit of 60 million and withdraw funds of 160 million;
The industrial buildings held by New Era can earn a profit of 180 million when sold at the end of the year, and more than 250 million will be paid back to itself;
The blue-chip stocks held by New Era can make a profit of 250 million by clearing the positions at the end of the year, and the funds will be withdrawn from 350 million.
The above are all refunds under ideal conditions, but they should be close to ten.
These are the company's non-recurring profits, which can reach as much as 500 million in the second half of the year, and the capital withdrawn is 760 million.
From this point of view, there is no need to worry about raising funds for the rights issue of Chinese Real Estate!
As for the company's debt, just speculate in futures and blue chip stocks next year and that'll be fine!
As for the company's profits from real estate development, it will continue to purchase land, old buildings, or repay bank interest.
He doesn’t want New Era Real Estate to raise funds through a rights issue this year. Firstly, he cannot afford it, and secondly, he wants to save a lot of money from a rights issue when the stock market reaches 3,000 points.
After confirming that there was no problem with the funds of New Era Real Estate, Lin Zuhui's mood suddenly became brighter. He was relieved to be in debt, but it was always painful to pay off the debt.
"It seems that after my 6,500 September index futures contracts (average 1,880 points) expire, I can continue to buy December index futures contracts."
Currently, the Hang Seng Index has not soared. It is currently hovering between 1,950 and 2,000 points. On the delivery day at the end of September, it would be great to reach 2,000 points.
"If I were not worried about New Era Real Estate's rights issue to raise funds, I would just buy the December futures contract."
"It doesn't matter, just mortgage some of the stocks, get a personal loan of 100 million, and buy the December futures contract below 2,000 points."
"As for the delivery of the September futures contract, most of the withdrawn funds will be used to purchase the December contract, leaving part for your own expenses."
Lin Zuhui currently has a lot of personal expenses. It feels like even 10 million will not be used for four or five months, and it is not a large expense.
There is no other way. If you raise more women, your expenses will naturally increase.
Although the three daughters, Guan Jiahui, Cai Ning, and Wang Zuxian, all have careers, their careers cannot yet provide them with high consumption, so Lin Zuhui took the initiative to write checks to them.
He doesn't care about the small amount of money, although he is not yet 'financially free'.
------Digression-----
Today’s update of 18,000 words ends!
Recommended on July 28th, it is estimated that 25,000 words will be updated that day!
Half will be updated in the early morning (12 o'clock) of the same day, and half will be updated at 8 o'clock in the evening of the same day;
Fortunately, starting from July 29th, the update time will be changed to 8pm.