Since 1984, the wave of immigrants from Hong Kong to Canada began, and Vancouver, as Canada's Asia-Pacific gateway, has accepted a large number of immigrants from Hong Kong, which has brought significant changes to the city's racial structure.
This year, Li Chaoren, together with Li Shauji, Zheng Yutong, and the Canadian Imperial Bank, even acquired a development project at the former site of the Vancouver World Expo for 500 million Canadian dollars. This project is equivalent to a city within a city. It can be expected that once it is launched, it will
Hong Kong people immigrating to Canada are very attractive.
Lin Zuhui and his party arrived at the Constellation Hotel in Vancouver, which is a four-star executive hotel. The Constellation Group is Canada's largest executive hotel group, with four hotels totaling more than 900 rooms.
The so-called executive hotel is a customer-themed hotel developed to meet the needs of administrative customers. It provides a full range of services such as the front desk, guest rooms, conferences, catering, entertainment, and business of a star-rated hotel. It has administrative functional supporting facilities that meet the needs of administrative customers. Compared with
Hotels of the same grade have larger apartments, usually suites. They can better meet the needs of administrative customers for transportation, aviation, communications, and administrative activities such as meetings, exhibitions, business communications, and negotiations in the hotel during their travels.
Rather than saying that Lin Zuhui came to Vancouver this time to inspect the Constellation Hotel, it would be better to say that he was inspecting Vancouver's social environment.
Vancouver, Los Angeles, and San Francisco are all on the west coast of North America. They are not very far apart. Lin Zuhui plans to make these three cities his family's base.
The situation of the hotel industry in Vancouver is still much better than that of the hotel industry in the United States.
Therefore, after Lin Zuhui inspected the four-star Constellation Hotel in Vancouver, he immediately decided to buy 51% of the company's shares. Constellation Hotel Group is a listed company in Canada. Currently, the major shareholder only holds more than 30% of the shares, so once
After purchasing, you have to purchase the remaining shares from the stock market.
Chinese people will not be affected in any way when buying Canadian listed companies. As long as you have money, it will not be a problem. After the Sino-British negotiation crisis broke out, Zhan Peizhong moved to Canada and bought five Canadian listed companies in one go. Later, he found that Canadian listed companies did not exist at all.
It was easy to operate (manipulate), so he had to go to Hong Kong to do his listed 'shell' business.
Two days later, Lin Zuhui and the major shareholders of Constellation Group signed an equity transaction agreement, and Cathay City officially took over the hotel group; its management team had been waiting in Vancouver for a long time, so the handover was very smooth.
After the agreement was signed, Lin Zuhui held a meeting with the management of Cathay City Hotel in the conference room.
Lin Zuhui said: "Everyone knows that after I acquire a listed company, I will never continue the business as before. That is not my style. I have an indicator called 'acquisition digestion' until 'profit expansion'
The acquisition is a real success. Therefore, for the subsequent rectification of Constellation Group, you should give us a plan as soon as possible!"
Colbert quickly made a report. He had been in contact with this hotel for almost two months and already had some plans.
"Constellation Hotel has performed quite well in recent years, but there are still many areas that can be improved. For example, which three-star hotel in Ottawa needs to be renovated...Also, we can also add Aircoa's
The hotel management network and Constellation Hotel are combined..."
Lin Zuhui nodded and added: "Also, as Chinese immigrants to Canada have increased in recent years, we still need to strengthen investment in hotels. We can invest in a few more hotels through the listed company Constellation Hotels. Of course it is not a reconstruction from scratch.
, but to expand the scale through acquisition, renovation, and inclusion in the Constellation Group!”
In fact, Lin Zuhui’s final plan for the hotel industry is:
New Era Group privatized Cathay City (100% shareholding) and changed its name to New Era Hotels Division.
Afterwards, the hotel interests acquired overseas and the hotel management network will be packaged together for overseas listing. New Era Hotel only needs to control more than 35% of its equity, and the overseas-listed hotel group will be committed to developing into a world-class hotel.
hotel group.
The new era hotel sector will also directly invest in hotel equity, such as investing in Peninsula Hotel (100% equity, handed over to the management of the hotel), such as investing in Hilton equity (entrusted to Hilton for management), and other hotel investments, such as building its own hotel brand.
invest.
Of course, no matter how many plans you have, you can only do it step by step!
The first two acquisitions in North America are expected to increase Cathay City's debt from 700 million to 1.25 billion. Constellation Hotel is expected to cost 350 million, while Aircoa is expected to spend only 200 million due to asset spin-offs.
The debt of 1.25 billion is still nothing compared to the debt of 2 billion at the peak. What's more, New Era Group now directly controls 60% of Cathay City's equity, which has strengthened control and can better support the hotel sector.
.......
On Sunday, the last day of this North American trip, Lin Zuhui planned to accompany the two girls to have a good stroll in Vancouver. In the previous two days, a tour guide was also arranged to take the two girls to have a good time in Vancouver for two days.
However, in the words of the two women, without Lin Zuhui accompanying them, they felt that there were some unfamiliar people here and they were not very adaptable.
Vancouver is a city surrounded by mountains on three sides and the sea on one side. We couldn’t go to many places in one day, so we took the two girls to get to know the place by shopping.
The city here is big, the population is small, there are not many pedestrians on the road, and everyone doesn't seem busy, they seem to be taking their time.
"Brother Hui, I find that I suddenly like the environment here!" Wang Zuxian held Lin Zuhui's arm and said with a look of longing.
After what happened at the beach in Los Angeles, the two women no longer dared to hold his arms at the same time to avoid getting into trouble when they went out.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! Lin Zuhui said with a smile: "Even if you want to immigrate now, I won't worry! I will give you a five-year adaptation process. In these five years, you will mainly be in
To live in Hong Kong, spend a certain amount of time traveling and working every year. Tell me the answer in five years!"
At least two babies must be brought here before Lin Zuhui can rest assured to leave the delicate and beautiful girl here. However, Wang Zuxian has a quiet personality and will not betray Lin Zuhui.
"Work?"
"Well, I will invest in some North American industries in your name in the future. Don't worry, I won't treat you badly!"
When his wealth reached a certain level, Lin Zuhui planned to spread it appropriately, and these women who gave birth to his children were the best agents.
Once a woman gives birth to a child, her own capital will be severely reduced, so they can only continue to rely on Lin Zuhui.
The two women suddenly felt happy. This man was so generous, and the property he mentioned must be worth hundreds of millions, so they followed him without any name or status.
...
On Monday, Lin Zuhui and his party took a flight from Vancouver and began their return to Hong Kong.
The schedule of this trip lasted for 11 and a half days. Lin Zuhui had already begun to miss everything about Xiangjiang. Of course, he did not have enough industries in North America, nor had he arranged for women to establish a base, nor did he have a luxurious villa of his own.
etc., so his sense of belonging is indeed a little worse.
As the plane passed through the clouds, Lin Zuhui said silently in his heart: "Work hard to make money and strive to become a world-class wealthy family as soon as possible!"
...
Wednesday.
Lin Zuhui came to the office in the News Building and made an appointment with Liang Botao to discuss the acquisition of Yulang Group.
At 9 o'clock in the morning, Liang Botao, Long Jingchang, and Zhao Han came to Lin Zuhui's office.
Liang Botao first reported the acquisition battle situation to Lin Zuhui: During the period when Lin Zuhui left Xiangjiang, Wanhui Media and Huang Yulang had raised the stock price of Yulang Group to 8.6 yuan per share after two rounds of quotations.
Wanhui Media currently holds 31% of the ordinary shares and has 30% of the stock options, consuming a total of HK$200 million in capital.
Huang Yulang holds 40% of the common shares and also has 30% of the stock subscription rights.
Liang Botao said: "Originally, Standard Chartered Bank and James Finance were forcing Huang Yulang to repay the debt, and Huang Yulang's interest plus principal would cost 130 million. However, his old friend Qian Guozhong did not give up on him, and teamed up with Lin Jianyue to lend money to Huang Yulang to redeem him.
Got the shares back!"
Hearing this, Lin Zuhui was a little surprised, why did Lin Jianyue intervene in this matter?
"So, 40% of the shares in Huang Yulang's hands are in his own hands?"
Liang Botao said with a smile: "Qian Guozhong and Lin Jianyue are not stupid. They mortgaged the redeemed shares in their hands."
Lin Zuhui was stunned. Do these two people also have ideas about Yulang Group?
"What else does he do?"
Liang Botao said: "What is a bit strange is that I heard that Huang Yulang has recently sold Yulang Center and "Sing Pao", which seems to be to reduce the debt of Yulang Group!"
Lin Zuhui breathed a sigh of relief. Huang Yulang still followed the same old path!
"No, what kind of debt is there to pay at this time? I think he is probably in a hurry, planning to make false accounts to get money from the company, and then use it to fight the takeover himself! Keep an eye on it, as long as you feel that Huang Yulang's money is easy,
When you feel confident in the takeover battle, report it to the Independent Commission Against Corruption immediately. By then, we will win immediately!"
The three of them were shocked. This was something that no one could have imagined. Because of this kind of thing, a chairman of the board of directors of a listed company actually dared to test the law?
After a long while, Long Jingchang took the lead and said: "It's normal to think about it. Before the stock market crash, Huang Yulang boldly used all the money raised from the rights issue to speculate in the stock market. Is there anything else he wouldn't dare to do!"
Liang Botao also said: "Indeed! He is now at the end of his rope, the shares on the market are all high-priced stocks, and he has no money. If he continues to fight, he will only fail! If we hadn't completed the acquisition at the lowest price, he would have had nothing to do!
"
Lin Zuhui nodded. Although he is interested in Yulang Group, he has no intention of privatizing it! Once the price is too high, if the shareholding exceeds 35%, it will have to be fully acquired. At that time, investors will respond one after another, and Huang Yulang will take advantage of it.
High cash out, this is not a cost-effective acquisition.
The current price is only 8.2 yuan, which actually has not reached the company’s net worth of Yulang Group!
Next, everyone formulated a strategy, still slowly absorbing individual stocks in the market, and there was no rush to make a final decision!