The Kadoorie family spread many rumors in the market, and Lin Zuhui quickly responded in Tiantian Daily and Economic Daily, a subsidiary of Wanhui Media.
At this time, the Economic Daily had been published for nearly two months, with sales of about 40,000 copies, which initially met Lin Zuhui's requirements.
It's still the same female reporter as last time, but this time the questions are all set by Lin Zuhui.
Question: "The stock price of big hotels has started to skyrocket in the past week. Is it because Cathay Pacific City is buying goods in the market?"
Answer: "Cathay City does intend to increase its shareholding to 34, which is reasonable. After all, there is not much difference between 31 and 34. Cathay City is the major shareholder of the hotel. However, I believe that the reason for the skyrocketing share price of the hotel is because
Investors are optimistic about our joining the Grand Hotel. I believe many people should know that I have some titles, such as the magic hand of rejuvenation, company doctor, etc. I believe that many investors have invested in the Grand Hotel because of this."
He specifically emphasized that Cathay City is a major shareholder, just to prepare for his subsequent request to join the board of directors. After all, joining the board of directors is a reasonable requirement for Cathay City.
Question: "Some people say that Cathay City plans to spin off the Grand Hotel. Is it true?"
Answer: "We haven't even joined the board of directors. How can it be true? Grand hotels have great potential for development, especially the hotel business. If they are managed carefully, they can become a world-class hotel brand and let the golden brand of Peninsula Hotels appear in the world."
many places."
Question: "There are rumors in the market that Cathay Pacific City's debt is too high and the company has already encountered big problems?"
Answer: "Haha, we have only borrowed for less than a month. How could we not consider this issue with the shrewdness of bankers! Cathay City's net assets have reached 1 billion, and its net assets were less than 200 million half a year ago. As for
Acquiring shares in a big hotel has caused the company to have too much debt. In fact, what I want to say is that we have bought a very high-quality asset, so banks are willing to lend."
Lam Cho-fai refuted the rumors one by one, causing public opinion to once again favor Cathay City and the Kadoorie family's plan failed.
...
Saturday, February 21st.
Lin Zuhui and Michael Kadoorie met in a hotel box. Obviously, this was not a pleasant meeting.
"Lin Sheng, our Kadoorie family has been running the hotel for half a century, and we will never give up the management rights of the hotel!"
Lin Zuhui nodded and showed a faint smile: "Mi Gao, I have no intention of competing for the management rights of the hotel. I just hope that based on our shareholdings, we can reasonably arrange for three directors to join the board of directors. In the future, the two of us will cooperate and work together."
Develop big hotels.”
Mi Gao raised his eyebrows and said: "No! Your style of doing things is advancing by leaps and bounds, which is completely different from our hotel's step-by-step style. Moreover, you are strong and we are weak, and jointly managing the hotel is just a one-sided statement on your part, a temporary solution.
"
Lin Zuhui said calmly: "Okay then!"
Michael suddenly showed joy and said happily: "So, you are willing to withdraw from the competition for the Grand Hotel?"
Lin Zuhui said calmly: "I mean, I hope one day we can work together. I won't mind your one-sided view of me today! Our current demand is still: According to the company law, we should send three
Directors enter the board of directors of large hotels. There is no legal support from any country in the world, and major shareholders cannot even enter the board of directors. I hope you will consider this issue carefully, we are still very sincere!"
His words were still very sincere, not just because he felt in his heart: no matter what, he was sure of victory.
What's more, he doesn't need to be aggressive.
The meeting naturally ended on bad terms, but news of the meeting between the two will be published in the newspapers tomorrow.
Next, Lin Zuhui no longer needs to worry too much about the affairs of the hotel. Lu Donglai can fight the war of words.
The only thing he has to do is to take the time to persuade the shareholders of some big hotels and strive to successfully run for the chairman of the board of directors. Or, the second best thing is to get shareholders to vote for Cathay City to join the board of directors.
At this time, Cathay City had 34 voting rights, which was 4 lower than the voting rights of Liu Luanxiong and Lin Jianmin in the previous life. Therefore, Lin Zuhui did not have much confidence in defeating the Kadoorie family at the board meeting in early May.
After all, the Kadoorie family has never done anything harmful to society for so many years in Hong Kong, and they have also been in charge of the hotel for half a century. It is reasonable for shareholders to support them.
However, Lin Zuhui also has an advantage, that is, he built a tens of billions empire in two years, and there is no doubt about his ability. Moreover, his reputation is much better than that of Liu in his previous life, which is also an advantage.
No matter what, Lin Zuhui will eventually get a big hotel!
Because he is not Liu, he will never be able to make a comeback after losing the election. The bank also put a lot of pressure on Da Liu, telling him to let go.
Lin Zuhui is different. After losing the election, banks will definitely ask questions, but they will never doubt the strength of the New Era Real Estate Department before the stock market crash. As long as the front line is extended, it will definitely be very beneficial to Lin Zuhui, and there will even be no problem in fully acquiring a large hotel.
Assuming that the maximum price of a large hotel before the stock market crash is 80 yuan, and after the stock market crash, the maximum is only 50 yuan, with a market value of 5 billion. For privatization, you only need to pay a premium of 4 billion at most. Lin Zuhui can use his personal funds to unite with Tai City to privatize at the same time, and the pressure will be relieved.
will be greatly reduced.
.......
The next day, Sunday.
Sure enough, both sides are engaged in a public opinion war, but Cathay City still has the advantage. Lin Zuhui is the media tycoon!
Cathay City's request is very reasonable. It just wants to send three directors to the hotel's board of directors in accordance with the regulations. However, the Kadoorie family is too unreasonable and bullying. With only 12% of the equity, they exclude the hotel's major shareholder from the board of directors.
It doesn't make sense at all.
In this life, Cathay Pacific City purchased the hotel alone, unlike in the previous life when Liu Luanxiong and Lin Jianmin gave the Kadoorie family a reason to complain about delaying the purchase.
In his previous life, Liu Luanxiong held 26 hotel shares and Lin Jianmin held 12 shares. Therefore, the Kadoorie family accused Liu Luanxiong and Lin Jianmin of being persons acting in concert. Once the accusation is successful, Liu Luanxiong and Lin Jianmin must launch a comprehensive campaign at the highest price in the past six months.
The acquisition, which was the highest price at that time, was 80.5 yuan per share at which Liu and Lin were a little frightened.
Fortunately, this accusation was not passed, but it also delayed for a long time, causing the bank to put pressure on Liu Luanxiong.
...
No. 12, Repulse Bay, Zheng House.
This is Zheng Yutong's mansion, covering an area of 16,000 square feet, with a swimming pool and tennis court. Looking from a distance, the villa among the greenery looks like a European royal vacation villa seen in the movie.
At this time, in the secret room of Zheng's house, there were Zheng Yutong, Li Shauji, Huang Tingfang, Guo Desheng, and Li Ka-shing, the five most wealthy elders in Hong Kong.
What a big thing, the wily Li Chaoren, the bold and brave Zheng Yutong, the first-mover Li Shauji, the steady and steady Guo Desheng, and the cross-river famous Huang Tingfang. These five people gathered together. It was obvious that they had a big plan.
It turned out that it was Zheng Yutong who acted as the initiator and liaison, inviting several people to discuss the issue of land acquisition.
Several people unanimously recommended Li Chaoren as the coach, because Li Chaoren has the greatest wealth and is a master of stock market acquisitions. He has competed with Jardine Matheson Land several times without losing.
However, this time it is a real estate acquisition, and it requires the collective efforts of everyone to succeed.
Why do you say that?
Land's current market value seems to be only 17 billion, but its net asset value is much higher than the market value. If the new consortium wants to acquire from the stock market, Charter King's acquisition of Wharf is a lesson learned from the past. At that time, Wharf's stock price was more than 14 yuan, and at its peak it was 105
Yuan!
Land's property in Central may be worth over 20 billion, not to mention other properties which are conservatively worth 10 billion. If the new consortium wants to defeat Yice in the stock market, the price will be very high and very difficult.
The only possibility is to buy 26% of its shares from Yice.
This is not just a simple buying strategy. The methods and timing are very complicated and require several months of preparation!
This gathering was the first time for the five richest people to gather for Land, so everyone only had a simple exchange.
After simply forming a new consortium, Zheng Yutong said: "Lin Zuhui has been having a great fight with the Kadoorie family recently. I think he is also a good player. Do you want to invite him to join us?"
Li Chaoren said with a smile: "If you support your junior, you will not drag him into the fire pit. Although the New Era Real Estate Department is also a consortium with tens of billions of assets, it has high debts and a large market value. In addition, he is now being taken over by a big hotel.
If you are entangled, you are not strong enough to join us."
Lee Shau-kee, however, also missed the feelings of fellow villagers and said: "It doesn't necessarily mean that he will hold a large number of shares. It's just that everyone is familiar with each other, so I don't think it's a big deal!"
Although Huang Tingfang had dealt with Lin Zuhui, he did not want Lin Zuhui to join. He also felt that Lin Zuhui was not qualified yet.
Guo Desheng was steady and felt that Lin Zuhui was too brave and impulsive, so he did not agree to join.
Zheng Yutong finally said with a smile: "It's just a suggestion. I am very optimistic about him, and it is right not to let him be distracted! Do you think he will succeed in acquiring the hotel this time?"
Huang Tingfang said directly: "There is almost no chance of winning! Seeing his final possible outcome, I cashed in the profits, but in this way, it confirmed his nature as a sniper."
Zheng Yutong defended: "I don't think so. He seems to be very confident. We will wait and see."
Li Chaoren said nothing. Many media praised Lin Zuhui as Lin Chaoren, which made Li Chaoren somewhat disagree. He felt that Lin Zuhui was similar to Chen Songqing, relying on various tricks to raise the stock price, and then raising funds through rights issues and borrowing money.
Take advantage of the real estate boom to expand the company's scale.
But in fact, the debt ratio of the New Era Real Estate Department is very high, and the ability to resist risks is very poor. It has the ability, but it is definitely not Lin Chaoren, Li Chaoren thought. But after all, he is a junior, and it is difficult for him to speak out.