Hong Kong's new giants

Chapter 770 [Successor of Trillion Consortium]

Time flies, and December (12) comes in a blink of an eye.

The stalemate for a long time in Singapore's F&N Group's acquisition battle entered the bidding process on December 12. The two bidders were New Times Group and TCC Asset Management led by Thailand's wealthy businessman Su Xuming.

Since TCC Asset Management, which originally bid lower, did not raise its price that day, New Era Group won.This means that New Era Group has no competitors in the bidding war, and has repelled consortiums from six countries in total.

However, for New Era Group to complete the acquisition, it still needs the approval of other shareholders of F&N Group.

At this time, New Era Group's shareholding has reached 43%, while TCC Asset Management has only 16%. The balance of victory has already tilted towards New Era Group.

However, as the European and American economies are sluggish again, the shareholders of F&N Group must be eager to sell.

The final price given by New Times Group was S$10.25 per share, valuing F&N Group at S$147.6 billion (US$121 billion), a premium of about 20%.

At present, the businesses still held by Frasers Group include real estate, beverage and publishing businesses.

the other side.

In the contest with Heineken Group, New Era Group also won a strong victory, spending 52 billion US dollars to win the shares of Asia-Pacific Brewery held by Heineken Group. Heineken Group has almost withdrawn from the Asian market that has been deployed for 80 years.

And 'Times & Newcastle Beer Group' acquired 14 breweries and 30 brands owned by 'Asia Pacific Brewing' in 26 countries (14 brands controlled by Heineken Group quit Asia Pacific Brewing), including the famous Tiger brand beer.

This acquisition involved more than US$240 billion (US$120 billion for Asia Pacific Brewery and US$121 billion for F&N Group), and was promoted to the top ten global M&A cases of the year, and was widely reported by the media.

The American media described the consortium led by Lin Zuhui as "every less than two years, the world's top ten acquisitions must have the footprints of the world's richest man".

At the same time, many media focused their reports on the second generation of Lin Zuhui's family, using the term "successor of a trillion-dollar consortium" to make big reports.

New Era Group headquarters.

In Lin Zuhui's office, he called a meeting of several high-level executives, including the group's quartet—Chen Bin, Liang Zhenxun, Yuan Tianfan, and Lin Wenjie.

"The acquisition case has come to an end, and it coincides with the global financial crisis, so we can't really win." Lin Zuhui commented.

Due to the strong determination and ambition shown, the price this time was almost US$30 billion higher, of which US$20 billion was spent on Asia Pacific Brewing.

Of course, if it weren't for the 30 billion US dollars, it would not be New Era Group's turn to win long-term assets such as F&N Group and Asia Pacific Wine.

Lin Zuhui understands the truth that 'asset speculation' can only be a 'temporary solution' rather than a 'long-term solution'.

If he wants to build a more stable country for his son, he can only buy those old brands, and Tiger Beer and F&N Group are all old brands in Singapore.Needless to say, Tiger beer, but F&N Group has such an evaluation in the hearts of Singaporeans that "F&L Group's products must be high-quality goods", referring to the properties developed by it.

The four immediately understood the meaning of Lin Zuhui's words, and waited for Lin Zuhui to continue to comment.

"The next step is to integrate resources and take a long-term view, which is the real victory. Asia-Pacific Brewing should quickly integrate into the 'Times & Newcastle Beer Group'. While integrating resources, it must also maintain a certain degree of independent operation to achieve a win-win situation."

With the acquisition of Asia Pacific Brewing Group, 'Times & Newcastle Beer Group' has become the third or fourth beer group in the world, and it is estimated that it is only behind 'Anheuser-Busch InBev' and 'Heineken Group'.

"For the Frasers Group, we must support its independent operation, deeply cultivate the Southeast Asian market, and then radiate overseas. The Frasers Group has three major business areas: 'high-quality residences', 'serviced apartments', and 'commercial real estate investment, construction and management'. In the field, we must continue to play. The time is ripe to re-list in Singapore."

Just a few comments, but directly set the general direction.That is to say, the assets acquired this time must ensure a certain degree of independent operation, rather than forcibly integrating resources; while operating independently, they must share resources with the headquarters and accept supervision and management.

"Yes, Chairman!"

"Wenjie, follow everyone and study hard!"

"Okay, Chairman!"

It goes without saying that it is to let the three carriages take Lin Wenjie to accumulate more experience.

This time, Lin Wenjie was deeply involved in the $240 billion acquisition, and he was almost the leader. Yuan Tianfan became a qualified tutor, who supervised and guided while delegating power.

After the acquisition, there are still a series of tasks, and naturally the three masters will teach apprentices together.

In fact, some people don't understand, Lin Zuhui is only 47 years old, why is he in such a hurry to retire?

Fortunately, the eldest son of the boss has indeed inherited the mantle of the boss, which made everyone very satisfied with his skills.

At the end of the meeting, Lin Zuhui left Lin Wenjie behind.

"Do good work. In the next one or two years, I will transfer most of the shares of New Times Group to you in the form of trust!"

In 2006, Xiangjiang had already abolished inheritance tax and other related taxes, so the inheritance of the rich does not need to worry about reducing assets.

Lin Wenjie was shocked and said, "Father."

Lin Zuhui waved his hand and said: "You just need to know, don't think too much, and work hard. In short, wealth is not an issue for our family, only families with insufficient wealth will fight over it. I will give you most of it earlier. Shares also hope to dilute wealth and keep a low profile."

He plans to donate 34.8% of New Times Group shares to Lin Wenjie in one or two years, and keep more than 16% of the shares for himself.

"Okay, father." Lin Wenjie said calmly after stabilizing his emotions.

"Well, let's go!"

Lin Wenjie should understand that he can only get the majority shareholder of New Times Group, and his two younger brothers will get Octopus Financial Group and Media Group.

As for the LEIT Group, there is no candidate yet, but he won't count on it, because his father didn't let him know about the rest of the company, and obviously he didn't intend to give it to him.

In fact, as Lin Zuhui's son, Lin Wenjie also knew that his father was in very good health, and he might not be able to outlive him.But because of his father's good health, his energy is not all on his career.

People in Hong Kong say that Lin Zuhui is extremely romantic, but he gave birth to a dedicated son. Lin Wenjie married his first love and received a lot of praise.

After getting off work in the evening, Lin Zuhui drove to the 'Twelve Peaks (Twelve Peaks)' at No. 12 Mount Kellett Road. The security guard at the gate saw Lin Zuhui sitting in the car and immediately let him go.

The security here is not ordinary security, but a security company belonging to Lin Zuhui's family. Why is this so?
original:

'TWELVE PEAKS (Twelve Peaks)' is a land purchased by New Times Group at a price of 2006 billion Hong Kong dollars in 19.2. Later, it spent a huge amount of money to build 12 independent villas. The construction and decoration cost exceeded 12 billion Hong Kong dollars. The total property area is 4.88 square feet, with an average of 4000 square feet per building, and each building has its own swimming pool.

The Twelve Peaks were originally built for Lin Zuhui personally, so in recent years, Lin Zuhui and his women have used offshore companies, investment companies, and personal names to take down these twelve villas at a total cost of 58 billion Hong Kong dollars. An average of 5 million Hong Kong dollars per building.

Because it is either an offshore company, an investment company, or someone you are not familiar with, and New Times Group has kept the sale of TWELVE PEAKS very secret; therefore, it is quite mysterious here.

Reporters only know that the mansion is built here, but they don't know who lives in it, and it is impossible for reporters or intermediaries to enter TWELVE PEAKS.

Lin Zuhui came to a southernmost villa, only to see Gu Li and the nanny opened the door for his car.

"Brother Hui" saw Lin Zuhui getting off the car, and Gu Li happily greeted him.

Lin Zuhui put his arms around Qianxi's waist and asked with a smile, "How are you, are you used to Hong Kong?"

Gu Li said happily: "I like Xiangjiang very much, and I am not uncomfortable at all with Sister Bingbing and Sister Yuanyuan taking me to play!"

It is true that Xiangjiang looks down on mainlanders, but in fact it is the same as people in Shanghai look down on outsiders.

But anyway, as long as you have money, you can look down on anyone.

Lin Zuhui nodded, and said: "Your sister Bingbing and Yuanyuan have been in Xiangjiang for almost ten years, and they are very familiar with this place. I believe you will soon be integrated into life here. It would be nice to come here often for vacation."

"Well, then I have to work hard to learn Cantonese!"

The two chatted and walked into the villa.

"Gu Li, this villa will be your home in Hong Kong in the future." Lin Zuhui said comfortably, leaning on the sofa.

Gu Li flashed a hint of surprise, and immediately leaned in front of Lin Zuhui, coquettishly said: "Brother Hui, you are so kind to me, and you are so hardworking, don't be afraid that I will dump you, wouldn't it be a waste of time!"

Lin Zuhui approached and said, "Are you willing?" After speaking, he looked at Gu Li playfully.

How could a woman be willing to give up just a few dollars?Lin Zuhui seems to give these women a lot of money, but it's just a drizzle to him.

Many women have been with Lin Zuhui for more than ten years, and their wealth has risen to billions or tens of billions. They still want to continue to make a fortune.Of course, these women were indeed conquered by Lin Zuhui, not just because of money.

Gu Li decisively kissed Lin Zuhui and left for a long time.

"Hee hee, I can't bear it!"

After a while, Fan Binbin and Gao Yuanyuan brought their children to the villa for a party, and Lin Zuhui took the opportunity to interact with the children for a while; in the middle of the night, the nanny took the children back to their villa, leaving the three daughters to accompany Lin Zuhui.

Of course there are shows, Lin Zuhui likes to watch the three girls dance the most, especially Gu Li's dance.

In fact, the twelve villas in TWELVE PEAKS (Twelve Peaks), here, have become Lin Zuhui's private palace.

This is also the reason why Lin Zuhui obtained these properties through offshore companies or investment companies. He just wanted to keep them secret. Even the security and properties were from the Lin family.

As for whether or not the 12 people need to know each other, Lin Zuhui thinks that at least the four Koreans don’t need to be introduced to everyone, they just form a single team.

Kowloon, Barings Bank Building.

Lin Zuhui listened to Lin Wentao's work report on "Canada Goose".

"I invested 2.5 million US dollars to buy 65% ​​of the shares of Canada Goose, and the founder's family still holds 35% of the shares. Reese, the third generation of the founder's family, is a talent who is good at management. He intends to use this fund to Marketing Canada Goose products and we Barings Bank will strive to launch Canada Goose on the market within five years.”

Lin Zuhui said with satisfaction: "How is your relationship with that Reese?"

Lin Wentao replied: "It's okay, everyone is relatively young, and many ideas can coincide with each other."

"Well, you can invite Canada Goose to come to Xiangjiang to open a special store, sponsor top Hong Kong stars, and bring Canada Goose to Asia through airport catwalks and other methods. In fact, the same is true for marketing in Europe and the United States. To make a powerful impact, Canada Goose is just a 'manual workshop', and it is unrealistic to increase too much production, so it must be good to take a luxury and fashionable style."

Lin Wentao's eyes lit up, and he realized that his father was teaching him his skills, so he quickly said, "Thank you, Chairman, for your guidance!"

Lin Zuhui nodded and said, "Just give them advice, I believe others understand these principles."

"Ok"

After Lin Wentao left, Lin Zuhui looked pensive. Through observation and understanding, Lin Zuhui would definitely be able to transfer Lin Wentao to Octopus Bank as executive director in another year, and gradually take over the entire Octopus Financial Group.

His so-called succession is to let these sons be the president, and he retains the position of chairman; and even if 34.7% of the shares are handed over to them, Lin Zuhui still holds more than 16% of the shares, and these shares will not be handed over unless Lin Zuhui was too old to work.

As for the wealth of other private companies, it is even more impossible to hand it over, after all, the sons have already got too much.He is confident that he will outlive many of his sons, so the private wealth may end up in a trust model.

After a while, Andre and Liang Botao, two of the twelve executives of Barings Bank, came to Lin Zuhui's office together.

Andre is the president, and Liang Botao is the vice president in charge of Asian affairs.

"How is the Japanese investment going?"

Andre first said: "We simultaneously 'buy Nikkei futures' in Singapore and Tokyo, investing a total of 3 million US dollars, and prepared a large amount of margin."

Liang Botao then said: "We also arranged for Peregrine to invest in Sony, Panasonic and other stocks in Japan, with a total investment of 20 billion U.S. dollars, using leverage."

After listening to the work report of the two, Lin Zuhui felt very comfortable.

At the end of this month, when Ambey took office as the Prime Minister of Japan, it is expected that monetary easing will be implemented immediately, and the yen will depreciate sharply. This is naturally an opportunity for Lin Zuhui to make money.

Because he knew that in the first half of 2013, with Ambey coming to power, the yen depreciated (currently around 83 index); while the yen depreciated, it drove the export of Japanese products (increased competitiveness), so the Nikkei index It will skyrocket, and stocks such as Sony and Panasonic will also skyrocket.

Some memories of the previous life, coupled with the analysis of this life, made Lin Zuhui decide to make a small profit, and arranged a three-pronged approach in November:
Buy Nikkei futures, buy Japanese stocks, buy USDJPY forex.

It is estimated that this wave can earn billions of dollars.

(End of this chapter)