Lin Zuhui came to the conference room at the Yang Hiep Seng Group headquarters. Many senior executives inside greeted him one after another, but they rarely saw the boss.
After Yang Xiecheng Group was acquired by New Era Group, it has retained its status as a listed company. However, New Era Group also took advantage of the financial crisis to increase its shareholding to 68%.
The Yang Xiecheng Group has developed very well in recent years, and has made great achievements in the fields of condiments, beverages, and real estate. Its current market value is about 18 billion Hong Kong dollars (equivalent), and its actual assets must be greatly underestimated.
Calculated in this way, in less than ten years, the net assets of Yang Xiecheng Group have increased nearly ten times.
Because of this, New Era Group is also a well-known company in Singapore.
In terms of condiments, the Yang Hiep Seng Group has greatly increased its business by acquiring the Totole brand in the Mainland. In particular, Totole's performance in the Mainland is very impressive, and it has become a condiment giant in the huge Mainland market (mainly selling chicken essence, soy sauce, and oil consumption).
).
In terms of beverages, Yang Xiecheng Group is originally a large beverage enterprise in Southeast Asia. It is authorized by PepsiCo to produce Pepsi-Cola, 7-Up, Mirinda, Mug Root Beer, etc. in Asia. It also has a variety of beverage products of its own and is the Southeast Asian agent of Hengchang Beverage and Food.
.
In terms of real estate, it mainly cooperates with New Era Real Estate to develop land projects under the "Yang Hip Seng Group", and also invests in many rent-collecting properties in Southeast Asia.
Why does Lam Cho Hui retain the listing status of Yeoh Hip Seng Group?
Because owning a local listed company is equivalent to having a "leader", investing in Southeast Asian industries will not be "acclimated".
In the conference room, there were not only Gao Hongming, the president of Times Retail, but also Lu Wenqing, the president of Yang Xiecheng Group, and Chen Bin, the group president who accompanied Lin Zuhui on official business.
After Lin Zuhui sat down, he quickly asked: "At what stage have the negotiations for Shoudehui Supermarket entered?"
Lu Wenqing said quickly: "Since Shoudehui Supermarket was interested in selling it, it attracted us, as well as Dairy Milk International's bid. At present, we should have a better price advantage and are expected to win."
But he didn't dare to vouch for it. After all, the price quoted by the two parties wouldn't be too different, and Milk International might also raise its price.
Shoudahui Supermarket has 35 supermarkets in Singapore and is the third largest supermarket brand in Singapore.
Currently, the largest supermarket brand in Singapore is a supermarket owned by the Singapore Employees Fund, and the second largest supermarket brand is a supermarket owned by Milk International.
Dairy Milk International was the milk company in Heung Kong back then. After being acquired by Land, it took over the retail business. Later, Dairy Milk International was delisted in Heung Kong and re-listed in Singapore. It has many assets, including 7- in Heung Kong and Southeast Asia.
11 convenience stores, Wellcome supermarkets, etc., have businesses all over Asia. Jardines has kept a low profile in Xiangjiang in recent years, but in fact they have always been in Asia, and their main business is in Asia.
To be honest, the Keswick family of the Jardine family did not have a big vision for business and misjudged the opportunities several times. I won’t mention the previous ones. In the future, when they saw the booming development in the mainland, they also began to invest heavily in the mainland. In fact,
The best opportunity has been missed; later, he invested heavily after 2020. I don’t know whether this investment was correct, and Lin Zuhui didn’t know either. After all, he only knew about things in 2023, but it must not have been a good time.
After thinking for a while, Lin Zuhui said: "Once Dairy Milk International completes the acquisition of Shoudahui Supermarket, they will become the largest supermarket group in Singapore. This is their advantage, or determination. On the contrary, Singapore's No. 1 supermarket
The group is a brand owned by a public fund, so Singapore does not want Dairy Milk International to be the only one."
Lu Wenqing's eyes lit up and he immediately added: "The shareholders of Shoudehui Supermarket are famous people in the new government and business circles, so at the same price, they will definitely consider us to take over."
Lin Zuhui nodded and said: "So, you need some public relations activities. Of course, the price must be reasonable. Supermarkets may not necessarily make a lot of money, and it is not in our interests if the price is too high."
"Ok, I see!"
Next.
Lin Zuhui said: "This acquisition of Shoutehui Supermarket is a cooperation between Yang Hip Seng Group and Times Retail. Both of you must make full use of the advantages of the sister companies. For example, in sharing and enriching the supply chain, Yang Hip Seng Group has local advantages, and Times
Retail has industry advantages.”
"Okay, boss!" Lu Wenqing, Gao Hongming and others said in unison.
This is not the first time that Times Retail has entered Singapore. There are almost a hundred convenience stores under its franchise in Southeast Asia, including Singapore, while Yonghui Supermarket has not entered places outside Hong Kong and the Mainland. Currently, Times Retail operates in Hong Kong and
The development in the mainland is still very good, especially the development in the mainland is relatively good.
Lin Zuhui continued: "This entry into supermarkets in Singapore is an unexpected investment. If Shoudahui Supermarket hadn't intended to make the move, the group would not have considered it. But since we have done it, we must do it well. Singapore has developed well, and Southeast Asia
Maybe try to get in."
Lu Wenqing responded: "After we acquire Shoudehui Supermarket, we plan to maintain the current management for the time being and make adjustments according to the situation... In terms of supply chain, the fruit supply chain of Shoudehui Supermarket can complement the Xiangjiang side;
Times Retail’s Huaxia products can also supplement Shoudehui Supermarket’s supply chain. By joining forces, we can achieve great synergy.”
The discussion was lively. After all, the boss is here, and who doesn’t want to be active?
The acquisition of Shoudehui Supermarket is a good opportunity. Although Singapore is a small place with a small population, it can be a springboard to Southeast Asia.
........
In the swimming pool.
After Lin Zuhui swam a few times, he stopped when he saw the scene on the shore.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content! Li Zhi was seen wearing a triangle one-piece swimsuit and slowly walked out of the villa. Lin Zuhui had some impression that this swimsuit was actually the one she wore when she danced with Zhong Chuhong in her previous life.
, but there is nothing around the lower body.
"How's it going? Do you like it?" Li Zhi showed off his figure on the shore and said expectantly.
Although she knows that she is very attractive to men, this man obviously does not lack all kinds of beauties, so she is also a little unsure.
Lin Zuhui said: "Lean forward a little bit!"
Li Zhi did as he was told, and then with an "Ah" sound, his center of gravity was unsteady and he fell towards the swimming pool.
I knew this was the result...
"Woo"
Wet stockings are obviously very good too!
While admiring Li Zhi, a beautiful woman walked out of the villa again. She was wearing an open white shirt over a suspender skirt. The corners of the shirt were knotted, revealing her waist. She was none other than the charming Zhang Min.
Lin Zuhui left Li Zhi behind and swam to the shore. He looked up at the style in his short skirt. It was...
He hugged Zhang Min's calves and put them into the swimming pool. Not to be outdone, the woman sank into the water and then stood up.
Wet temptation!
Zhang Min did not forget to comb back her shoulder-length short hair. She is still as beautiful as ever. Time has only made her more charming. Qimeng is still the same Teacher He.
It was inevitable to admire it, but soon Lin Zuhui's eyes were attracted again by the people walking on the shore.
With long legs, a stunning figure, and a pretty face, this woman is also very good. The important thing is that her pitiful appearance always makes men unable to help but 'demonize' her.
As soon as she reached the shore, Lin Zuhui pulled her into the water.
Zhou Huimin was slightly frightened, and when she emerged from the water, she had an innocent and pitiful expression on her face.
"Brother Hui, I have prepared the swimsuit for a long time!" But he thought Lin Zuhui was not satisfied, so he said pitifully.
Lin Zuhui smiled and tickled her nose and said, "I just like to bully you, a woman, haha!"
Only then did Zhou Huimin realize that Lin Zuhui was teasing her, and then, admiring her pitiful appearance, she couldn't help but pounce on Lin Zuhui.
It's a pity that Lin Zuhui's reaction ability is impossible to achieve no matter how close she is, under the circumstances Lin Zuhui wants.
Sure enough, Zhou Huimin jumped directly into the water and emerged again in shock.
"Brother Hui"
Next, everyone chased each other playfully in the swimming pool.
.......
Two days later, a consortium formed by Yeo Hiap Seng Group and Times Retail successfully acquired Shoudaihui Supermarket, which became an important business news in Singapore.
Milk International.
CEO Ron Floto was furious in his office.
"What's going on? We at Milk International have not yet quoted a second price, but Shoudehui has finalized the deal so quickly?"
Singaporean Vice President Guo Bojun said: "It is said that some people were worried that Dairy Milk International's acquisition of Shoudahui Supermarket would become the largest supermarket in Singapore and create a market monopoly. Therefore, they intervened."
"It's so abominable! This is a very bad behavior, not a normal business practice. I want to sue them! Who is it?"
Facing the roar of listing, Guo Bojun was secretly happy in his heart, because he was the most promising person to take over Dairy Milk International; if Fang Lizu left Dairy Milk International, he would become the first Singaporean to serve as president of Dairy Milk International.
"I'm afraid it is of no use, but will affect our reputation. First, they have done it very covertly, and public opinion has been biased towards them, and they are worried that we will create a monopoly; second, if we have not conducted a second bidding for a long time, Shoudehui shareholders will feel that
They had no problem doing this; thirdly, the price given by Yang Hiep Seng Group was very reasonable and a little higher than our first bid."
Fang Litu immediately calmed down and said with regret: "We could have given you this price! The first benefit for the acquisition was what the headquarters really wanted to see, but now it is lost in our hands. Alas, Singapore's supermarkets have become saturated.
, we can only expand through mergers and acquisitions, which is a missed opportunity!”
In fact, Fang Lizu was worried that his status would not be guaranteed.
"It is said that Lin Zuhui came to Singapore in person to fight. It seems that Times Retail is bound to win this time. It is almost impossible for us to compete." Guo Bojun advised. He is still his boss, so he can't overdo it.
Fang Lizu's eyes lit up. Isn't this the best excuse to give to the headquarters?
There is still someone in this world who can defeat the world's richest man, so it is natural that he will be defeated this time.
However, Fang Litu was worried: "Times Retail has developed in the mainland and Xiangjiang. Once it targets the fat meat in Southeast Asia, I am afraid that not only the supermarkets, but also their Xistoo convenience stores will also expand. By then, the
Our impact is huge.”
Guo Bojun nodded. He felt that Times Retail's move into Singapore's supermarkets was a good one.
........
Before returning to Hong Kong, Lin Zuhui held a family meeting with Li Zhi, Zhang Min and Zhou Huimin.
"This time, I have planned a series of development plans for Smart Real Estate. Please take note of them today." Lin Zuhui said in the study.
At this time, the three girls specially changed into office and OL clothes, which looked quite beautiful.
It's a pity that Lin Zuhui will not buy a property in Mingzhi because he doesn't want too many people to know about his relationship with the third daughter.
Of course, Wise Real Estate Company has several talents introduced by Lin Zuhui. After all, he needs to support the three women's business growth.
"Well, we'll remember it!" Li Zhi said holding a pen and paper with a serious and eager expression.
Lin Zuhui said: "First, upgrade Wise Real Estate to 'Wise Group'. The group currently has total assets of about 16 billion and liabilities of 1 billion, so even if it borrows another 5 billion Hong Kong dollars, it is very reasonable. Subsequently, loans will be used to significantly expand the scope of business.
, investment property assets.”
The three women became excited. They understood that with this man supporting them, it didn't matter if they were in debt of 10 billion. Anyway, he would not ignore the situation.
After Li Zhi wrote it down, he said: "Liabilities don't mean immediate loans. If you have investment projects, then make mortgage investments. That's what it means, right?"
This chapter is not finished yet, please click on the next page to continue reading the exciting content! "Smart!"
Li Zhi became happy.
Then, Lin Zuhui said: "Second, in terms of stock investment, CapitaLand, DBS Bank, and United Overseas Bank increased their holdings to 3%, and BreadTalk found a way to get 10% of the shares."
This is stock investment. Logically speaking, these stocks can have an increase of more than five times. BreadTalk can even increase by dozens of times. Unfortunately, the market is small; but CapitaLand, DBS Bank, and UOB are all
A large plate of stocks.
Lin Zuhui doesn't need much memory from his previous life to know that these three stocks have grown very well because the shareholders behind them are very important; what's more, these three companies are indeed representative shares of Singapore in future generations.
Originally, Sing Telecom should have great potential, but since Xiangjiang Telecom intercepted Australia's second largest telecommunications company, Sing Telecom's potential has not been great.
"Third, increase holdings of commercial real estate in Singapore and the Mainland. In the Mainland, priority will be given to office buildings or shopping malls in the capital city."
The real estate talents of Mingzhi Group include management from New Era Group, introduced by Lin Zuhui, so Mingzhi Group can invest in real estate in the mainland. Otherwise, they are not familiar with the business at all, and there will be no cooperation with New Era Group (China).
partner.
In the field of real estate, Mingzhi Group is undoubtedly stable and has sufficient talents.
"Fourth, regarding the acquisition of three Seibu department stores in Singapore, I will introduce a talent in the department store field to join later. He will form a team and then go to Japan to seek transactions."
This is the benefit of connections. Without connections, if you want to do this business, you won’t be able to do it.
Li Zhi interjected: "Japanese products are very popular in Singapore, so the department store industry is quite good."
Lin Zuhui emphasized: "Don't expect these three department stores to have any prospects. They can only make a small profit. Department stores are a sunset industry. The important thing is that Smart Group has gained experience in the retail field."
The three women nodded, there was no need to doubt this man's vision.
"Fourth, Mingzhi Group will set up another 'fast-selling women's clothing' brand with a 'Hong Kong style' style, targeting young women in Southeast Asia. Later, I will introduce experts to report to Mingzhi Group and form this team."
Lin Zuhui thought that Hong Kong style has a great influence in Southeast Asia, so it would be good to cultivate a "Hong Kong style" clothing fast-selling brand in Singapore. When the time is right, we can also expand the online industry chain and become Singapore's first Internet clothing brand
, and then do business in Southeast Asia.
When they heard about the establishment of a clothing brand, the three women became even more happy. After all, there is no woman who doesn't like clothes.
"Don't attach too much importance to it, because the competitive pressure of clothing brands is great, and it cannot be the core of Mingzhi Group."
"Well, I wrote it down!"
Finally, Lin Zuhui said: "Later, I will send a team of consultants to Mingzhi Group to provide corporate consulting to make this company more competitive."
The three women nodded and became even more happy. Who didn't know that this man was surrounded by talents and advisors.
After talking about the matter, Lin Zuhui couldn't hold himself any longer.
"Okay, now it's time for us to tell a story that the office has to tell!"
"What kind of office is this?"
"Next time, why don't you go to the office in Central to reward me?"
The three girls were also chirping, making Lin Zuhui's heart tickle!