Hong Kong's new giants
Page 106
"No, I'm very happy, Brother Hui!"
Wang Zuxian quickly returned to Lin Zuhui's arms to express her loyalty!
This time, Lin Zuhui didn't mess around, but nodded and said: "That's good, I will let you enjoy the best things in this world year after year."
"Thank you Brother Hui!"
Hit a stick and give a sweet date.
Lin Zuhui asked Wang Zuxian to apply for some training courses on etiquette and etiquette. After all, she is not the most suitable to endorse jewelry; jewelry spokespersons usually choose beauty pageants such as Miss Hong Kong. Their body and body language are more in line with "elegance and nobility". jewelry.
Of course, the reason why those Hong Kong sisters have such a temperament is actually nothing more than ten days of training by the organizer before the beauty pageant, and you can learn this stuff.
Wang Zuxian readily agreed, feeling that Lin Zuhui had considered everything comprehensively.
……
Cathay Properties.
Chairman Chen Zhengwen was in the office, looking at the asset restructuring plan of Cathay Pacific Real Estate sent by New Era Real Estate, his mood was obviously not calm.
Chen Zhengwen feels very comfortable with the new era real estate's practice of "beginning with etiquette and then soldiers";
Moreover, the 'asset restructuring plan' proposed by the new era is also very beneficial to him.
Who in Xiangjiang doesn't know their boss Lin Zuhui's method, any listed company that Lin Zuhui has touched will soon rise and his net worth will skyrocket.It is rumored that Mrs. Lin has the art of rejuvenation with the wonderful hand, and the sick woman (company) who is dying, after being touched by Mrs. Lin's wonderful hand, will regain her spring color, like a young girl.
Although he will lose his position as the head of Cathay Pacific Land, he doesn't care about this position at all compared to being able to cash out at a high price in the future.
"1 million Hong Kong dollars in capital injection, in exchange for 48% of Cathay Real Estate shares. Although my shares have been diluted, as long as the news of New Times Real Estate's ownership of Cathay Real Estate comes out, the stock price of Cathay Real Estate will at least double."
"Furthermore, according to Lin Zuhui's method, it is normal for the stock price to go up more than double, or triple or five times. At that time, as long as I cash out at a high position, I will get a lot of cash, which is better than just receiving the chairman's fee every year now."
Soon, Chen Zhengwen made a decision. He planned to convene the board of directors, announce the plan to everyone, and obtain the approval of the board of directors.
At this time, although Chen Zhengwen was the major shareholder of Cathay Real Estate, he only held 25% of the shares, and his shareholding was not secure.
Of course, Lin Zuhui would not be so stupid as to buy directly, which would not only cost a lot of money, but also leave a 'notoriety', and such an acquisition would not bring cash to Cathay Properties.
Cathay Pacific Real Estate has no cash for capital injection, so it is difficult to support the company's asset restructuring.
At the board meeting of Cathay Real Estate, Chen Zhengwen sent a copy of the "Asset Reorganization Plan" to all the directors.
"Everyone, New Era Real Estate promises to protect everyone's interests. Don't worry about your shares being diluted. After the asset restructuring, the stock price of Cathay Real Estate may be several times higher. Everyone should carefully consider this opportunity to make a fortune."
Of course, all the directors had heard of Lin Zuhui's name, and they were already in ecstasy at this moment, looking at the proposal seriously.
Because a one-time issuance of 48% of new shares requires a general meeting of shareholders, the support of the board of directors will be very important at that time.Of course, with Lin Zuhui's reputation, the shareholders of Cathay Properties could not wait to welcome him early, so there is no reason to disagree.
Sure enough, the board of directors basically passed a unanimous vote—the resolution to accept the capital injection from New Era Real Estate.
……
In mid-September, Cathay Real Estate and New Era Real Estate formally reached an agreement: Cathay Real Estate issued 9 million new shares, accounting for 3000% of the total share capital, in exchange for 48 million in cash from New Era Real Estate.New Era Real Estate acquired Cathay Real Estate and carried out asset restructuring.
On the board of directors of Cathay Real Estate, Lin Zuhui was elected as the chairman of Cathay Real Estate, Liang Zhenxun was elected as the executive director, and Lu Donglai, the former executive of New Era Real Estate, was elected as the general manager and director of Cathay Real Estate.In the blink of an eye, the management of Cathay Real Estate has become the world of real estate in the new era.
Lin Zuhui first said: "Cathay Property has changed its name to 'Cathay City', Manager Lu hastened to announce and go through the formalities!"
When Lu Donglai was in charge at the beginning, he had the mentality of preparing for a big fight, so he immediately straightened his body and said, "Yes, boss!"
He only came to New Era Real Estate five months ago, and he also knows that Cathay City will be the flagship hotel management company of New Era Real Estate in the future, so he feels honored and passionate.
Then, Lin Zuhui asked Liang Botao, the consultant of the 'asset restructuring', to explain the 'asset restructuring plan' in detail to the directors and management.
The so-called asset restructuring, there are three important factors to ensure success:
First, there is the support of the bank. Lin Zuhui has already contacted three banks to provide Cathay City with a loan of [-] million yuan, plus the [-] million capital injected by New Era Real Estate, which is enough to complete the asset restructuring.
Second, sell non-performing businesses and assets, and immediately buy high-quality assets; as a professional real estate company, the strength of New Era Real Estate in this area is unquestionable. In less than two years, New Era Real Estate has bought billions of High-quality land and properties, full experience in this area.
Thirdly, rights issue to raise funds, and then purchase assets; this step, Lin Zuhui personally operated, just as the Hang Seng Index was about to skyrocket, he planned to take advantage of the bull market to raise funds in Cathay City around November; all the funds obtained will be used In the purchase of high-quality properties.
After Liang Botao finished his speech, the people in the conference room really felt the legendary art of "turning stone into gold and rejuvenating hands".
Then again, why can't the original major shareholder reorganize its assets?
The reason is very simple, the most fundamental reason is that he has no strength, how can the bank lend you a loan, and the creditor will not give you time to kick the interest rate.
A director asked: "Will the sale of all catering and industrial businesses lose a long-term and stable income item?"
short-sighted!
The annual income of these businesses is not as good as rent collection; and their own value is far less than that of real estate.
Liang Botao replied: "We have investigated, and the investment in Cathay City is now suitable for selling at a high price. The annual income of these businesses is not as good as rent collection, and the stability is also poor. It is just right to sell at a high price and invest in high-quality ones. Property, allowing the company's temporary asset appreciation, is conducive to the improvement of stock prices."
Being able to sell at a high price is the skill, and the original asset valuation of these businesses is not high.
Between selling and buying, the company's assets have increased, which is the purpose of asset restructuring.
Of course, Lin Zuhui can be said to be riding on a giant in this asset reorganization - the stock market has soared; otherwise, if the market is average, even if he has supernatural powers, he will not be able to make outstanding achievements.
In his previous life, Luo Xurui acquired Cathay Real Estate in March 300. In May, he introduced the asset restructuring and announced that the asset value of Cathay Pacific Real Estate had increased by five times. One important reason was that the Hang Seng Index rose by [-] points from March to May. With the big bull market and a wave of rights issue fundraising, the company's asset value has naturally risen.
The money raised by rights issue does not need to be repaid, nor does it need to pay interest, which is equivalent to giving to the company for nothing.
After all the directors had no doubts, Lin Zuhui immediately arranged who would specialize in selling the company's assets and business, who would specialize in finding high-quality properties, and who would be in charge of the stock market.
Soon, everything was in order, and a high-speed machine was running.As for himself, he only needs to sit in the position of leader and give pointers to the country.
As a consultant, Liang Botao can get a commission just by paying attention and providing professional advice;
Of course, the commission is secondary, and the real big one is the loan provided by Wanguobaotong, which is the biggest profit.
Cathay City's top priority is to restructure its assets and restore investors' confidence in it before considering entering the hotel industry.If Cathay Pacific City has a market value of [-] million or [-] million yuan, a round of rights issue before the August [-]th stock market disaster, and then use that money to invest in the hotel business, the effect will be very obvious.
As for the hotel industry, Lin Zuhui plans to carry out acquisitions and self-construction at the same time, and overseas acquisitions are also the focus.
……
In the office of New Era Real Estate, Lin Zuhui sat in a chair, thinking about some plans.
If Chinese Land needs to raise RMB 10 billion through rights issue at the end of the year (to purchase a building), New Times Real Estate, as its major shareholder, needs to invest RMB 4.9 million (holding 49% of the shares), so where does New Times Real Estate come from for this money?
Also, New Era Real Estate has a debt of 15 billion, how can it be reduced to 5 million to 8 million before the stock market crash?
Soon, he wrote in his notebook:
The 5500 September futures contracts held by New Era can make a profit of 6000 million and withdraw funds of 1.6 million;
The industrial buildings held by New Era can make a profit of 1.8 million by the end of the year, and return more than 2.5 million to themselves;
The blue-chip stocks held by New Era can make a profit of 2.5 million yuan by the end of the year, and return funds of 3.5 million yuan.
The above are the repayments under ideal conditions, but they should be close to each other.
These are the company's non-recurring profits, which can reach 5 million in the second half of the year, and 7.6 million of funds will be withdrawn.
From this point of view, there is no need to worry about raising funds for the rights issue of Chinese Land!
As for the company's debts, it's fine to speculate in index futures and blue-chip stocks next year!
As for the company's real estate development profits, it will continue to purchase land and old buildings, or repay bank interest.
He doesn't want New Era Real Estate to raise funds through rights issue this year. First, he can't afford it himself. Second, he wants to keep the stock market at 3000 points, and then raise a large amount of funds through rights issue.
After confirming that there was no problem with the funds of New Era Real Estate, Lin Zuhui's mood suddenly became brighter. It was a moment of relief to be in debt, but it was always painful to pay off the debt.
"In this way, after my 6500 September futures contracts (average 9 points) expire, I can continue to buy December futures contracts."
At present, the Hang Seng Index has not skyrocketed, and is currently hovering between 1950 and 2000 points. On the delivery day at the end of September, it should be very good to reach 2000 points.
"If it wasn't for worrying about New Era Real Estate's rights issue to raise funds, I would directly buy the December futures contract."
"It doesn't matter, just mortgage part of the stock again, get a 1 million personal loan, and buy the December futures contract below 2000 points."
"As for the September futures contract, after the delivery of the futures contract, most of the returned funds will be used to buy the December contract, and some of it will be used for personal expenses."
Lin Zuhui now has a lot of personal expenses, 1000 million yuan doesn't feel like it will take four or five months, and it's not a big expense.
No way, if there are more women to support, the expenses will naturally increase.
Like Guan Jiahui, Cai Ning, and Wang Zuxian, although they all have careers, their careers cannot provide for their high consumption, so Lin Zuhui took the initiative to write a check to them.
He doesn't care about that little money, although he is not yet 'financially free'.
Chapter 167 [Wonderful Hand Rejuvenation]
As soon as the news that New Era Real Estate became the owner of Cathay City was announced, the market value of Cathay City rose to 2 million in just five trading days, an increase of nearly [-]%.
For stockholders, any sick women (companies) touched by Lin Zuhui will soon become young beauties under his skillful rejuvenation technique.
Last month, Hong Kong and Macau Development (formerly Carnival Real Estate) was the best example; from a minimum market value of 2500 million, the current market value has stabilized at 1.6 million, an increase of more than six times.
Cathay Pacific City's asset restructuring is proceeding in an orderly manner, holding 1 million in cash (2 million in capital injection, 1.5 million in loans), and is repaying some creditors. It is estimated that it will need to spend 1.5 million, and there will be [-] million in cash left.
At the same time, the sales of catering, industrial and other businesses have already released rumors, and it is expected that more than 1.5 million funds will be withdrawn.
The general manager of Cathay Pacific City, Lu Donglai, hurried to Lin Zuhui's office with a faint smile on his face.
"Boss, a real estate agent told me just now that Hongji Building on Connaught Road is for sale!"
Lin Zuhui's face was also happy, and he repeated in his mouth: "Hongji Building... Hongji Building!"
Lu Donglai quickly said: "The building was occupied in the late 70s. It covers an area of 6500 square feet, is 20 floors high, and has a property area of 13 square feet. The rent of that building this year is 20 yuan per square foot per month, and the vacancy rate is 10. %; the lower three floors are shops, and the rent ranges from 50 yuan to 300 yuan per square foot per month."
Hearing Lu Donglai's words, Lin Zuhui also brought back his memory. He seems to have read reports in his previous life, saying that Emperor bought Hongji Building for 1993 million in 6.5, and sold it to Chinachem for 8.8 million two months later. 2.
Because when I read the news at the time, I thought it was incredible. Why did it skyrocket by more than 2 million in two months!
Only now did Lin Zuhui understand that the so-called real estate speculation and building speculation, the market price is just a reference, as long as there are Weishui people (described as rich) to buy, it is normal for a few months to rise by a few percent.
For example, in the early 80s, Li Chaoren also speculated on Federal Building and International Building. In less than a year, the price of 12 billion was sold to 22 billion. This price may still be high until now (the Sino-British negotiation plummeted 40%).
"Well, you go and get in touch with it first! Although this building is good, if it is too expensive, we may not be able to buy it!" Lin Zuhui still planned to let his men go down to find out.
Lu Donglai said: "I heard from the agent that the owner is planning to immigrate and then sell it. It should be possible to negotiate a good price."
Lin Zuhui was also surprised for a moment, it seems that this is really possible; since this year, a huge wave of overseas immigration has begun to hit Xiangjiang, many people have lost confidence in Huaxia and Xiangjiang, and emigrated one after another; therefore, many owners took advantage of With the property market booming, properties are for sale.
Of course, despite the fact that these owners have sold a lot of properties, since this year, Japanese, Australian, and Southeast Asian capitals have begun to invest in Xiangjiang; A lot of money is invested overseas, and Xiangjiang is one of their goals.
"Well, you go and test it out!"
"it is good!"
Lin Zuhui's psychological price for this property is 2.5 million to 2.8 million. If it exceeds 2.8 million, Lin Zuhui may not buy it because it is not suitable for Cathay City.
If it can be purchased at an appropriate price, it will be equivalent to the exhaustion of Cathay City's funds, including funds for the sale of catering, industrial and other businesses.
If you buy this building, wait a month before revaluing the property in Cathay City to increase the asset value; in this way, with the boom in the stock market, the stock price of Cathay City will naturally soar.
At that time, the loan and rights issue fundraising will be carried out at the same time, and then a wave of property purchases will be made. Cathay City's asset restructuring will be considered a success.
The goal of this year is to restructure Cathay Real Estate's assets and increase its market value, asset value, and net assets;
Cathay Pacific will not invest in the hotel sector until next year.
……
Three days later, Lin Zuhui brought people to Hongji Building, where the shoppers on the first floor had a good traffic flow, and there were many well-known brands, such as the local fast food leader 'Café de Coral', as well as many boutiques.
This building is close to two buildings, which looks a bit crowded, but it is the characteristic of Central, the buildings are next to each other, every inch of land.
Lin Zuhui made an unannounced visit to Hongji Building two days ago and found that the reason for the 10% vacancy rate here is not the problem of the building itself (the average vacancy rate in Central is 6%), but the owner's poor management.
In this way, Lin Zuhui knew very well!
Coming to a conference room, Lin Zuhui and his group met Chen Ji'an, the owner of Hongji Building. The two parties had communicated before, and Lin Zuhui basically came to make a final decision.
He will not be too preoccupied, nor will he rely too much on other people's eagerness to immigrate to lower the price; after all, other people also have multiple choices.
After we sat down, we had a brief chat and then went straight to the topic.
Lin Zuhui said tentatively: "Chen Sheng, can you accept the installment payment and settle it within half a year?"
It is very normal to pay for such a large property by installments. For example, Carrian bought the Golden Gate Building before and paid it off in nearly a year; the payment was paid off after the hype was over.
Chen Ji'an immediately shook his head and said, "We only accept cash for settlement within the month. I'm really sorry, Lin Sheng!"
"Then if you raise the price to 2.6 million, we can pay it off at the end of the month!"
Lin Zuhui cut another 1000 million, and 2.7 million was Chen Ji'an's last offer.
Around this price, the two sides clashed for several rounds. Lin Zuhui looked for the building's faults, and Chen Ji'an talked about the market price.
You'll Also Like
-
Zongman: The Traveler In Our Dreams
Chapter 83 11 hours ago -
Cyberpunk Starts With Signing In The Legendary Mantis Knife
Chapter 83 11 hours ago -
Pokemon: A Review Of Ash’s World Championship Moments
Chapter 117 11 hours ago -
Demon Slayer: Add friends to become stronger! Zenitsu is my best friend
Chapter 150 11 hours ago -
Zombie Contract: After the doomsday crisis, the strongest zombie is born
Chapter 171 11 hours ago -
People in Naruto: Many Children Bring Blessings to Revitalize Uchiha
Chapter 62 11 hours ago -
Transformed into the Mother Tree of Desire, it's not too much to give birth to gods
Chapter 98 11 hours ago -
The field increases by 1 ghost per second. I am the ghost king in Tokyo.
Chapter 156 11 hours ago -
Supreme Beauty, I summon the heroes to establish the Supreme Divine Dynasty
Chapter 177 11 hours ago -
Yuan Beng Tie: A list of 30 popular characters at the beginning
Chapter 98 11 hours ago