Lin Zuhui is determined to enter the field of traditional Chinese medicine without considering the actual situation, nor is he eager for success; he believes that this is a long-term investment and requires a long-term battle of 10 or even 20 years.
Therefore, at the beginning, he just asked New Era Group to set up a subsidiary of "Era Medicine" to recruit talents and survey the market. This was his job in 1990.
As for the slogan "Traditional Chinese Medicine Port", he did not immediately raise it. He planned to raise it again when the Hong Kong government cracked down on real estate in the future to divert the pressure on himself.
The so-called "Traditional Chinese Medicine Port" is to allow a large number of China's patent medicines to be exported batch by batch through the frontier of Hong Kong, becoming the main port for dumping into the European and American pharmaceutical markets, thereby changing the "Japanese use of China's medicinal materials."
The phenomenon of then selling to the world and the mainland. In the previous life, the world's traditional Chinese medicine market was as high as 30 billion U.S. dollars, but China only had a 5-8% share, and the rest was occupied by Japan and South Korea.
However, he doesn’t know much about this industry at the moment, so he will wait until the expert report comes out after Times Pharmaceuticals is established!
On Saturday, Lin Zuhui made an appointment with Dong Jianhua to play golf at the Clear Water Bay Golf Course.
It is easier for people to feel relaxed when playing waves and talking about business at the same time, just like when a Japanese businessman comes to Hong Kong, it is easier for him to play waves and talk about business when you entertain him.
Before kick-off, Dong Jianhua said with a smile: "I heard that Lin Sheng is a wave field master. It seems that I will do my best today!"
Lin Zuhui tried on the club to feel the fit, and said: "Young and strong, you have an advantage! Dong Sheng, do you want to play a winning game?"
Only when there is a lottery, there is energy. There are very few people who do not play with the lottery among the rich. Ordinary people know it well, but they will definitely not be caught. After all, it is just words. Where does it come from?
evidence to others.
Dong Jianhua said enthusiastically: "Then let's take 50,000 a shot! I heard that you are a master, so I will be conservative!"
Lin Zuhui nodded and then prepared a little!
He is not guaranteed to win. After all, youth does not necessarily mean good skills. Technology is still the most critical.
Lin Zuhui was not entirely focused on playing waves. When he reached the seventh hole, he took the initiative to talk about business.
"Sir Dong, how much equity does OOCL have in the British port of Felixstowe?"
Dong Jianhua suddenly understood. No wonder this young man asked him to go to the port. It turned out that he was interested in the largest and busiest port in the UK (at that time).
"We hold 20% of the shares, 55% of the shares are in the hands of the British Railways Steamship Company, and the rest of the shares are scattered in the hands of multiple companies. Lin Sheng, do you intend to enter overseas container terminals?"
Lin Zuhui nodded and said calmly: "New Era Group has abundant funds, so it plans to diversify its operations."
Abundant? Why did he hear that he was the ‘King of Debts’? Dong Jianhua said in his mind.
However, New Era Group, the ‘debt king’, has not been abandoned by investors in Hong Kong. After all, it has developed rapidly and has extremely high net assets.
Dong Jianhua said: "Lin Sheng, the container terminal in the UK is not as good as the Kwai Chung Container Terminal in Hong Kong. First of all, the business is not as busy as Kwai Chung. Secondly, the fees are also subject to multi-party controls. At the current level, the annual return rate of Felix Du Port is
It’s incomparable to Xiangjiang!”
Firstly, he was reluctant to sell, and secondly, he didn’t want to cheat Lin Zuhui, so he said it very straightforwardly.
Lin Zuhui nodded and said seriously: "We intend to invest in the Port of Felix Du. The most important thing is to take the first step into the European container terminal industry, which is of great significance. As for the rate of return, I believe that 8% is still possible.
!”
Dong Jianhua shook his head and said: "European and American economies have not been doing well in the past two years, and that project has a return rate of almost 7%, which is the best!"
Well, when shipping recovers in the 1990s, the rate of return can increase by more than 10%. The important thing is that it is of extraordinary significance, symbolizing that Lin Zuhui will enter the container industry in Europe more than Li Chaoren.
However, Dong Jianhua still doesn't want to sell. Could it be that the relationship between the two is not as good as his relationship with Li Chaoren, so he is in such a dilemma. You know, he sold his shares to Li Chaoren in his previous life, which is probably
Things for next year.
Therefore, Lin Zuhui felt that there was an exchange of interests and said: "Dong Sheng, 96 is approaching, you must have some ideas! I personally am very willing to support you!"
Dong Jianhua was shocked and immediately overjoyed. As a media, communication tycoon, and business tycoon, this young man has top influence and financial resources in Hong Kong. With his support, apart from anything else, he will be a great player in Hong Kong's economy in the future.
can go more smoothly.
"Okay, I can sell my shares to you!"
"Thank you Dong Sheng for everything!"
"You're welcome, my small share won't actually affect your plans. As long as you take the shares of British Railways, you will still be the major shareholder!"
"I can't say that, but thank you anyway!"
In the golf match that day, Lin Zuhui lost 300,000 Hong Kong dollars because he was not skilled enough and there was no need for him to play fake waves!
With the support of Dong Jianhua, Lin Zuhui did not feel that he could successfully win Felix Du Port;
In fact, this port is worthless. Lin Zuhui seems to remember that in his previous life, Li Huanggua only spent HK$1.1 billion to acquire 75% of the shares in 1991.
But he had to consider some zz factors. After all, the Port of Felixstowe is the UK's number one port. Last year, it handled a total of 1.4 million standard containers and 15.5 million tons of cargo, and also received 3.5 million passengers. The port has considerable rolling stock.
Shipping and breakbulk handling facilities and warehouse equipment, and a berth for ocean-going oil tankers.
Hutchison Whampoa was able to get it because Hutchison Whampoa has a large proportion of British capital.
Therefore, Asian Container must also join British investment in order to have a certain degree of competitiveness. The important thing is that when the No. 9 Kwai Chung Container Terminal and the River Terminal were tendered, Hong Kong's economy had recovered (the mainland was re-opened), so British investment was bound to be eyeing it.
Will the Hong Kong government be partial to this cake?
It is unknown, but Lam Cho Fai decided to let Jardine join the Asian Container.
This chapter is not finished yet, please click on the next page to continue reading the exciting content! In fact, in the previous life, Yihe did join the Asian Container led by Zheng Yutong.
Lin Zuhui’s idea is to persuade several companies that own 14% to sell their shares to Jardine. If that doesn’t work, he can only raise funds and dilute everyone’s shares.
He is not worried about the reduction of New Era Group's shares in Asia Container. In the future, there will be opportunities to increase its shareholding by investing overseas and in mainland container terminals.
Lin Zuhui once again took the initiative to find Simon Keswick, which made the leader of Jardine simply love and hate him. Lin Zuhui made a great contribution in helping Land evacuate its assets over the years, paying tens of billions of funds to Land, allowing Land to
Jardine evacuated successfully.
However, Land now has no assets in its hands that can be sold. The only one that is still possible is No. 9 Queen's Road in Central District, but Land obviously does not want to 'sell it at a low price'.
No. 9 Queen's Road is a full 38-storey building with a floor area of 358,000 square feet. The important thing is that the location and construction are not of high quality. And the office buildings are currently sluggish. Even if Lin Zuhui pays a premium of 20 to 30%, the land is still not worth it.
Simon Keswick joked: "It was New Era Group and Lin Sheng who made a lot of money this time by buying real estate at the bottom. It seems that you are very keen on this kind of investment that goes against the market!"
Lin Zuhui said modestly: "It's just a slight profit, which is not proportional to the risk. After all, the office buildings and shopping malls in Xiangjiang have not yet recovered due to the impact of this crisis. I don't know when they will rise sharply again! But Mr. Ximen can rest assured that this time
I’m not here to seek shopping, but to attract investment from you!”
Simon was immediately curious and asked immediately: "What investment?"
Lam Cho-fai said: "As far as I know, Jardine Matheson was also an investor in Kwai Chung Container Terminal back then, but it was just the charter king who fought for love and lost the business. But no matter what, I believe the Keswick family is still optimistic about it.
Kwai Chung Container Terminal, right?”
Thinking of the disastrous defeat that year, Simon Keswick had a heartbroken expression on his face, but when he heard Lin Zuhui mention the cooperation and Kwai Chung Pier, he immediately came with great interest.
"Mr. Lin doesn't want to sell 25% of Modern Container's equity to us, right?" After asking, Ximen actually showed a hint of surprise.
Lin Zuhui suddenly said bitterly: "If that's the case, how can I gain a foothold in the Chinese business circle!"
Simon Keswick immediately realized, how could this person do such an offending thing for Jardine!
"What kind of cooperation is that? Is it to join Asia Container?" Simon Keswick seems to be quite interested in the container industry.
Lin Zuhui nodded and said: "If Mr. Ximen is interested, you can join Asia Container and you can probably get 15% of the equity. I am willing to act as an intermediary for you."
The current valuation of Asia Container is in the range of 8 billion to 10 billion. If Jardine chooses to join, Lin Zuhui will persuade other allies to sell 15% of their shares to them.
Simon Keswick is not stupid. This door-to-door business must come with a price. The first thing he thought of was that Lin Zuhui brought Yihe in to compete for the No. 9 Kwai Chung container in the future.
"Mr. Lin, 15% of the equity is a bit small, not even three shareholders!" Simon Keswick said easily.
Jardine did not choose to participate in Container Terminal 8, but this does not mean that Jardine is not optimistic about this industry. It is that Jardine had too much time to take care of itself at the time. Now that someone is wooing Jardine, it is natural to have more chips.
Lin Zuhui said with a smile: "Mr. Ximen, having more shares is not necessarily a good thing! I am already preparing to acquire overseas container terminals, and Asia Container is committed to developing a global container company. If anyone is not willing to inject capital in the future, the shares will only be diluted.
.So, if you are really optimistic about this industry, don’t worry about your small shareholding now, as you will have plenty of opportunities to increase your holdings in the future!”
Such a huge ambition, Simon Keswick was shocked in his heart. People outside were saying that Lin Zuhui had made huge gains in foreign exchange, overseas securities investment, and gold, and that he was a real stock god; otherwise, he was of no use to himself.
Endless cash.
Now it seems that this person's wealth is probably much higher than everyone imagined. At least in the past few years, no one has desperately used their own money to raise funds for companies. Even Li Chaoren has not done so.
"I agree to this cooperation because we are also optimistic about the container terminal industry!"
Lin Zuhui nodded, and the two started chatting.
During this period, Lin Zuhui couldn't help but ask: "Is No. 9, Central District Avenue, for sale?"
Simon Keswick smiled bitterly, knowing that this person was looking at Landmark to make money. Fortunately, he didn't ask about the other seven buildings in the Central District, otherwise he would have been a little angry.
"If we don't sell it, the real estate market is not good now, and we have to consider the loss!"
"If so, if I pay a premium of 50%, the total price will be 3 billion, and the unit price will be 8,250 yuan!"
Simon Keswick was stunned for a moment. Is this man a fool? But he couldn't be, because the properties he bought from Land have already made money.
"We need to think about it. If we are interested, please contact us later!"
"It doesn't matter. In fact, New Era Group has no money now. I plan to ask again at the end of the year, but I just want to ask today."
It can be seen that Simon Keswick is already tempted!
Lin Zuhui doesn't care. If it is paid at the end of the year, 3 billion to 3.2 billion is acceptable. You know, this building in the previous life was sold for a sky-high price of 3.8 billion Hong Kong dollars after the spring of 1992.
He bought in advance not because he wanted to pick up the slack, but just to make a move in advance. The bank loan interest of 3 billion yuan for one and a half years is only more than 400 million yuan, which is still a good deal.
This building will be handed over in December next year, and we can still earn more rent.
Lin Zuhui now plans to hold 50% of the equity in these buildings to Hengjin Real Estate, which will not only reduce the debt of New Era Group, but also increase the interests of the Lin family.
This time, Asia Container's equity changed again. Lin Zuhui negotiated with many parties. It didn't matter if the small shareholders didn't sell, and he wouldn't force others.
He just stated a few points:
First, Asia Container wants to invest in the Port of Felixstowe in the UK. The first step to break into European container terminals means that everyone has to inject capital (partial loans) based on shares;
Second, as for the global development layout of Asian containers, there will be no return on long-term investment, and subsequent capital injection will be required;
In the end, after many discussions, the small shareholders chose to profit and exit because the investment was too large and it was a long-term investment.
After the asset reorganization of Asia Container, New Era Group holds 28% of the shares, New World holds 26% of the shares, Sea-Land Container Transport holds 21% of the shares (U.S.-owned), Jardine Matheson holds 15%, and Henderson holds 10%.
After signing the contract, everyone came to the conference room.
Everyone is very willing to Lin Zuhui's proposal to acquire Felix Du Port. At this time, foreign investment in Asian containers already accounts for 36%, which can be considered to have a certain degree of competitiveness in Europe and the United States.