Hong Kong's new giants
Page 139
At this time, Lin Zuhui made an appointment with Ma Yanzhang, an important shareholder of the hotel. According to Liang Zhonghao, he held about 2% of the shares.
Ma Yanzhang is a veteran businessman, but he is also Chinese, so Lin Zuhui made an appointment, and he politely agreed, of course he knew what was going on.
"Lin Sheng, our shareholders are actually very worried. You will 'develop' the big hotel like the real estate department of the new era. After all, we want to be more stable." Ma Yanzhang said worriedly.
Lin Zuhui said with a smile: "Grand hotels are the hotel industry, and it is impossible to 'expand too fast' like the real estate department of the new era. I have no such plan. However, we must also understand that, as I analyzed in the newspaper, if we If it is too conservative, will the big hotel decline? Therefore, what I hope is to cooperate with the Kadoorie family, we complement each other, and everything is for the better development of the big hotel.”
Ma Yanzhang immediately said: "Do you mainly want to join the board of directors? I can support that!"
Lin Zuhui said: "Chairman of the board of directors, I also want your support. Of course, you don't need to express your opinion! I just want to say that the Kadoorie family is very good at running hotels, but they neglect development and expansion. I think they are deputy , I do the forehand, so that the hotel can be better developed. What needs to be explained is - I have never let investors lose money, and my shareholders have made a lot of money!"
Ma Yanzhang's eyes lit up immediately, yes, has this guy disappointed the shareholders?
Lin Zuhui accepts as soon as he sees a good deal, and does not put too much pressure on any shareholders. He will first keep his position on the board of directors, and then seek the chairman of the board of directors.
……
……
late April.
Lin Zuhui works in New Era Real Estate. He first checked the land sales plan, and then checked the financial statements.
In the whole year of 1987, New Era Real Estate is expected to launch 18 sites with a floor area of about 170 million square feet.
This output is only less than two-thirds of Henderson Land in 1986. Henderson Land sold 300 million square feet of residential floor area last year.
But Lin Zuhui is already very satisfied. Sun Hung Kai and Henderson are known as "building factories", which is not in vain.As for New Era Real Estate, it only took three years to develop before Lin Zuhui took over.
As for the plan for next year (1988), as far as Lin Zuhui knows, Xiangjiang’s real estate only fell by 10-15% after the August 1988th stock market disaster. Four percent.
Overall, the sales plan for 1988 was higher than the sales floor area in 1987, reaching about 230 million square feet.
For the company's performance forecast, Lin Zuhui and the management team are very attentive and have put in a lot of effort; they must grasp the site handover and building construction dates, sales dates and occupancy dates.If every link is delayed, it will inevitably affect profit gains and capital return.
Not only that, but New Era Real Estate needs to let investors and international investment funds know about New Era shares, understand the excellent quality and appreciation potential of the stock; therefore, it takes a long time to promote and accept interviews from funds and newspapers tirelessly. Increased transparency and reliability of earnings forecasts.
Lin Zuhui was very satisfied with the real estate plan, and then checked the accounting issues.
Soon, he called Liang Zhenxun: "I found that the company's cash flow is not bad, and a sum of 2 million yuan can be used for about half a year!"
Liang Zhenxun knew what happened, so he replied: "There is really no problem in using 2 million funds. After all, our follow-up payment speed is very fast, and it will not affect the repayment time of the company's debts and the construction of the real estate."
Lin Zuhui nodded, and then said: "Well, use 2 million funds to invest in the September futures contract, and do it right away! It's still the old rule, buy in batches, don't startle the snake!"
The so-called alarming the snakes is definitely just not to alarm the market too much, but it must have some influence.
Liang Zhenxun said cautiously: "En. The boss infers that this wave is an adjustment, and there is another wave of market prices?"
Since the beginning of March, the Hang Seng Index has dropped from the highest point of 2950 points to 2710 points.The boss bought the futures contract just now, which shows that he is very optimistic about the market outlook and believes that now is the time to buy the bottom.
Lin Zuhui nodded, and said, "In short, it won't fall. It's no problem to rise to 3200 points this round. What's the economic situation of Xiangjiang!"
Liang Zhenxun had no doubts, so he went to work!
At this time, the three parent companies of the New Era Real Estate Department all invested in the securities business:
New Era Real Estate invested 2 million in the September futures contract. According to the current situation, the average price may not be higher than 9 points. In this way, after the delivery at the end of September, New Era Real Estate may make a profit of 2710 million.
Cathay City Hotel Management Company invested 9 million blue chip stocks (3 million deposit), which was purchased at the beginning of the year, with a conservative profit of 3.6 million to 4 million.
Chinese Land invested 2 million in the September futures contract, which was bought in March. The average price is 9 points, and it may also make a profit of about 3 million.
Unknowingly, another 11 billion profits were made for the shareholders of the three companies!
There is no way around it. If Lin Zuhui doesn't make any money, once the stock market crash comes, the debt of each company will be too high, and there may be a debt crisis. At that time, Lin Zuhui, the major shareholder, will lose the most.
Who told Lin Zuhui to let his company expand too fast?
Although Lin Zuhui has made billions for the company, he doesn't feel a loss at all because he will earn back from the company sooner or later!For example, he would take advantage of the stock market crash in 1989, when real estate fell by 30% to 35%, and sell one or two high-quality buildings to his family.Anyway, I was just looking for an opportunity, and I still wanted to earn some money from the company.
To buy so many buildings for the company (and will invest later), there must be a few buildings that are temporarily kept by the family.
……
In the News Building, Lin Zuhui works in his office on the 10th floor. Since the beginning of this year, he has only devoted about one-fifth of his energy to Wanhui Media.Fortunately, Wanhui Media is already a mature media group, and its management team is quite powerful.
After a while, Long Jingchang was the first to report to the office.
"Boss, our "Feng Yun" comic magazine has exceeded 11 copies, and it is already among the top 5 best-selling comic publications in Hong Kong."
Lin Zuhui said happily: "This is a good thing. It took less than four months to achieve this result. It seems that Ma Rongcheng has some skills."
Long Jingchang responded: "There is also a boss's outline with a very good theme, which inspired Ma Rongcheng's team a lot. Otherwise, why would "Feng Yun" surpass his original "Chinese Heroes"!"
That's for sure!
For a movie, a comic, or a novel, the subject matter of the outline must be very important, there is no doubt about it!
"What about the cost of profitability?"
"The monthly profit is currently conservatively around 100 million!"
Lin Zuhui smiled, and said proudly: "It took only half a year for us to prepare for the opening, and the comics industry has reached one-fifth of the Yulang Group. Huang Yulang knows it, so he won't speak out again! "
"Yes, he will! His kind of person can't be changed!" Long Jingchang said without hesitation.
Lin Zuhui was taken aback for a moment, as if it was the same!
"How about Ma Rongcheng's security?" Lin Zuhui said.
In order to learn from the experience of the previous life, Wanhui Media provided Ma Rongcheng with a business car and two bodyguards.
The cost is not much, only [-] more per month (ordinary bodyguards), buy peace of mind!
"No problem! I also asked someone to warn Huang Yulang, he didn't dare to make trouble!" Long Jingchang said firmly.
Lin Zuhui nodded, and after a year, the expenses can be saved.
After Long Jingchang finished reporting his work, Lin Zuhui leaned back on his seat and thought about how 'Wanhui Media' would operate before and after the stock market crash?
At present, the opening of Lin Zuhui's warrants can also offset the 9 million rights issue, while Wanhui Media's market value is around [-] million.
Soon, Lin Zuhui decided to raise [-] million cash from Wanhui Media's rights issue from July to September, and delay the use of funds until after the stock market crash.
At that time, a small bargain-hunting property!
In this way, Wanhui Media is equivalent to property assets worth more than [-] million yuan.
When it is necessary to develop the media field in the future, these appreciated properties will be sold or mortgaged to expand the strength of the media field and develop through acquisitions on a large scale.
Chapter 200 【Smiling Assassin vs Veteran Noble】
In the center of the coastal headland in Tsim Sha Tsui, Kowloon, Hong Kong, No. 22 Salisbury Road stands a group of light-colored buildings that are not eye-catching in appearance. They sit like a lion on the tip of the north shore of Victoria Bay, and feel the vitality and growth of the city every minute. .
This well-located building complex is the world-famous Peninsula Hotel completed as early as 1928. The interior metal decorations of the hotel are all cast in brass, with spectacular or chic ornate lighting, from the lobby, corridors to The rooms give people the noble enjoyment like a royal court.
The Peninsula Hotel was built in the late 20s until it was nearly 20 years old in the 80s. It can be regarded as the top luxury hotel in Hong Kong, and it is the most popular place for Hong Kong celebrities to hold grand events.
Although this old "noble" hotel has experienced half a century of ups and downs, it is still the only international-rated six-star hotel in Hong Kong, and it has the reputation of "six-star peninsula".
The Peninsula Hotel is controlled by Hong Kong listed company 'Hong Kong and Shanghai Hotel Co., Ltd. (referred to as Grand Hotel)'.
Although Lin Zuhui is not a native of Hong Kong, but like many Hong Kong 'natives', he was impressed by the reputation and status of the Peninsula Hotel very early on.In the acquaintance of the past and the past, there are celebrities inside and outside the Peninsula Hotel.The memory of the previous life is too deep, which makes Lin Zuhui still retain a more or less awe of the Peninsula Hotel in this life.
Lin Zuhui, the second generation before becoming rich, would never have imagined that one day, he would become the owner of this magnificent hotel with the most prestigious status in the Peninsula Hotel.
But after earning a lot of wealth in the capital/real estate market, Lin Zuhui often spends a lot of money for the women and things he likes. This is a distinctive label of Lin Zuhui in Xiangjiang.
'The sense of history and antique flavor' Lin Zuhui likes that taste very much. This time, Lin Zuhui's favorite is the Peninsula Hotel in Xiangjiang, which has a symbolic meaning.
In this regard, Lin Zuhui told himself - at any cost!
Monday, May 5.
On this day, 'Hongkong Shanghai Hotel Co., Ltd.' held its annual general meeting of shareholders. The term of chairman Michael Kadoorie had expired, and the shareholders needed to re-elect a new chairman.
On this day, all the media in Hong Kong will focus on the Peninsula Hotel, because there will be a 'fight between dragons and tigers'.
Lin Zuhui, Liang Zhenxun, and Lu Donglai stepped into the Peninsula Hotel under the escort of bodyguards;
Under the guidance of the hotel staff, they walked towards the meeting hall of the shareholders meeting.
As soon as they walked into the conference hall, hundreds of people looked at the three of them.
Everyone has a feeling - the air is almost burning, a sense of oppression in the hearts of every shareholder, today will decide the 'Battle of the Grand Hotel', whether the 'old aristocrat' will win or the 'new hunter' will win ?
Everyone saw a confident smile on Lin Zuhui's face, and some media immediately gave him the title of "Smiling Assassin".
"Mi Gao, I'm very glad to be able to attend the shareholders' meeting of the Grand Hotel today!" Lin Zuhui extended his right hand and greeted Michael Kadoorie first.
Although everyone is a competitor, at least they can maintain a superficial demeanor.
Mi Gao squeezed out a smile on his serious face, and responded: "Lin Sheng, I am also very glad that you can come to the shareholders' meeting today!"
There is still some gunpowder in the words. Lin Zuhui is not only here to participate in the shareholders' meeting today, but to participate in the election.
"I'm not only here to attend the shareholders' meeting, but also to run for the chairmanship of the board of directors!" Lin Zuhui said with a smile.
"NONONO, there is no such item on the agenda of the meeting, only vote 'I am re-elected as chairman of the board of directors'!" Mi Gao said not to be outdone.
This is true, logically it is true that Kadoorie should be the first to vote for 'Chairman of the Board of Directors'!
Of course, if the negative votes are greater than the positive votes, then Lin Zuhui will naturally be elected.
Mi Gao said this confidently, just to embolden himself.
Lin Zuhui shouted to the executives of the big hotels: "Please give us three copies of the meeting topic materials!"
The so-called non-anger self-prestige and exuding aura refers to Lin Zuhui's current state.Several senior executives didn't dare to confront Lin Zuhui at all, and hurriedly arranged positions and handed out materials.The general manager of the Peninsula Hotel is called Weber (foreigner), and his performance is slightly better.
In any case, Cathay City is currently the major shareholder, and the current situation is not one-sided.
With Lin Zuhui and others being arranged on the rostrum, the shareholders meeting officially started.
In the meeting place, all the shareholders will concentrate, it is unusually quiet, and the tense atmosphere is accompanied by everyone.
Master of Ceremonies: "There are many matters that need to be voted on today. I hope that all shareholders will seriously consider and cast your precious vote... The first issue is whether Mr. Michael Kadoorie will be re-elected as the chairman of the board of directors of the 'Grand Hotel'... Alright, now please put your ballots in the ballot box in an orderly manner. After the voting is completed, we will count it on the spot!"
In this round of voting, if Mi Gao's negative votes are greater than the positive votes, then Lin Zuhui's election as the chairman of the board of directors is a sure thing.
Moreover, Lin Zuhui is very serious, he believes that he has a [-]% chance of winning!
The reason is simple, he has never disappointed investors;
Coupled with the fact that he had done so much work beforehand, he felt that his chances of winning were far greater than that of Liu Luanxiong in his previous life.
As the hours ticked by and the votes were done and into the statistical environment, tensions began to creep in.
Cathay City, with 34% of the vote, must have voted against Kadoorie.
When I was half a child, the voting was drawing to a close, and the voting statistics on the blackboard turned out to be even—43%: 43%.
Lin Zuhui smiled, he has secured the second goal!
And Mi Gao has also discovered this problem, so it is very likely that Cathay City will enter the board of directors of the big hotel!
Of course, there is some suspense about whether he can keep the chairman of the board of directors now.
After 3 minutes, the master of ceremonies said excitedly: "The votes in favor of the Michael Kadoorie family are 44.2%, and the votes against Michael Kadoorie's family are 44.1%. Congratulations to Mr. Michael Kadoorie for being re-elected as the chairman of the board of directors of the Grand Hotel .”
Lin Zuhui kept his demeanor, walked to Michael Kadoorie immediately, and said, "Congratulations, Michael!"
Mi Gao was also very excited at this time. He thought it was an absolute advantage today, but he did not expect that the advantage disappeared in the end, and he won this position with a narrow victory.
"Thank you!"
Applause!
After all, Lin Zuhui and others have 34% of the voting rights, and those who actually support them only have 10% of the voting rights; while the Kadoorie family only has 13% of the voting rights, but those who support them have 31% of the voting rights.
Invincible in one battle, Lin Zuhui, Liang Zhenxun, and Lu Donglai did not show disappointment on their faces, but a hint of surprise!
This surprised many shareholders!
However, soon after the voting on an issue began, everyone knew that Cathay Pacific City had not lost completely.
After a while, the master of ceremonies said: "The fifth issue is about Cathay City joining the board of directors and sending three directors. Please vote!"
At this time, the atmosphere in the conference room became tense again!
It was only then that many shareholders remembered that when Lin Zuhui bought the shares of the hotel at the beginning, his request was only to send shareholders to the board of directors.It turns out that the purpose of Cathay City is here!
The answer was revealed half an hour later, with 50.3% of votes in favor and 38% of votes against.
Michael Kadoorie squeezed out a smile, copied Lin Zuhui's previous behavior, and stepped forward to congratulate him.
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