Hong Kong's new giants
Page 200
Chapter 278 [Layout]
In the conference room of LEIT Group, Lin Zuhui listened to the reports of the heads of various brands, with a faint smile on his face.
The group's annual profit will exceed 2.5 million, and the performance growth rate is gratifying.
This company is positioned by Lin Zuhui as the LVMH Group in Asia. It does not really want to develop into the luxury industry, but is just a comprehensive mid-to-high-end brand group, and its main development is in Asia.
At present, what can be called an "Asian brand" is of course "crocodile shirts". No matter in Southeast Asia, Japan, or Hong Kong, Macao, Taiwan, Korea, and the mainland, the business is developing very well.Under the promotion of strong capital investment, the annual profit of 'Crocodile Shirt' was 1 million yuan when he took over, and it has reached 1.6 million yuan this year, an increase of 6%.
Hong Kong's "crocodile shirt" and France's "crocodile shirt" are in a lawsuit, but Lin Zuhui doesn't take it seriously at all. Can a European brand be as good as an "Asian brand" in Asia?As for the crocodile in Xingdao, it is actually called Cartelo crocodile, which is even less of a concern.
The second best performer is IT fashion retail. This year's profit will increase again, and it is estimated that there will be no problem with 4000 million.
The third performance is the 'manufacturing department', the annual profit is expected to be around 3000 million, because it is an independent operation, so it is also calculated separately.
The fourth place in performance is 'Jeanswest Casual Fashion' and 'Lukfook Jewelery' tied together, with an estimated annual profit of 2000 million.
At the bottom is the underwear brand 'Ouchi Secret Agent', which does not make money.The underwear brand is not the focus of the LEIT Group. The biggest goal is to gain a place in Asia. The important thing is to enter the mainland market and enjoy a wave of benefits.As for the original idea of going to the UK to hold a catwalk show, Lin Zuhui had already passed it. It was costly and laborious, and it may not be successful. It would be better to develop honestly in Asia.When the funds are strong in the future, it will be more cost-effective to acquire in Europe and the United States.
Through this meeting, Lin Zuhui also decided to set up a group management network next year, to make himself more relaxed, and just grab the head of the group's management.Originally, the LEIT Group was created by Lin Zuhui at his convenience, and it was not considered his core industry, so his focus of work will not be on this in the future.
After the meeting, Roger reported the news about Wing On's 'breach of contract' alone.
Lin Zuhui smiled and said, "Should we care? It's just a specialty store! Wing On Department Store is also at sunset!"
Roger nodded and said, "Okay, boss! But this matter is still quite annoying. I've been talking about it for a week, and Yongan Company changed its mind temporarily. Although it didn't sign a contract, it's too unruly."
Lin Zuhui thought for a while, and asked curiously: "Will someone be playing tricks on this matter? Could it be that the rich Yong'an company is not making money? Go and check carefully, is Giordano meddling? If so, then our company and Yong'an How did the news of the company's negotiations leak out?"
Roger also realized that Yongan Company broke the contract without reason, there must be a reason!
"I'll find out!"
Lin Zuhui nodded, and added: "Don't report this matter to me, you can make up your own mind!"
"Yes, boss!"
……
Returning to the office of Huazhi Center, Lin Zuhui took out the information about 'Wing On Group' again.
Wing On Group issued 1.815 million shares, with a share price of HK$7.2 on that day and a market value of 13.07 billion.
Together with its subsidiary Wing On Company, these two listed companies own the following properties: Wing On Center (Central), Wing On Building (Central), Wing On Life Building (Central), Wing On Plaza and the shopping mall at Nanyang Center (Tsim Sha Tsui East).
The 60-square-foot rental property in Wing On Center is worth 4500 billion based on the standard property price of 27 yuan per square foot in the same area.
The total property market value of the two companies: 56 billion!
Lin Zuhui took out the map again, found the location of Yongan Building and Yongan Life Insurance Building, and immediately found a very big opportunity:
These two buildings are adjacent to the Wanbang Building of New World, and the middle of the two buildings is Liao Chongxing Building (Des Voeux Road). These four buildings are all small buildings. First-class land.Based on the plot ratio of 4 times, a first-class building of 15 square feet can be built.
Good guy, plus Wing On Center's 60 square feet of floor space, it suddenly has a first-class commercial building of 120 million square feet in Central.
That means, second only to Hongkong Land, it becomes the second shareholder of Central.
For a moment, Lin Zuhui's eyes were about to light up!
Central is the most expensive place in Hong Kong. As a real estate developer, who would not want to own a huge rental property in Central.However, at present, apart from Hongkong Land, no real estate developer has a large rental property (more than 200 million square feet) in Central.
Lin Zuhui quickly calmed down and began to think about countermeasures!
There are two problems before him:
First, the shares of the Guo family are more than 45% of Wing On Group, so it is difficult to be acquired.But it is also worth noting that about 2% of the shares are in the hands of Yongji 'non-board' members of the Guo family, and the family is not united.
Second, Lin Zuhui doesn't really want a hostile takeover right now. Although he can find a reason to say that Yong'an broke the contract for no reason, this reason is not enough to control public opinion.
Both difficulties were great, and Lin Zuhui fell into deep thought for a while.
The strength of the Guo family is not strong, and the important wealth is shared among dozens of third-generation members. If a takeover war breaks out, as long as they sweep the stocks in the secondary market and drive up the price, the Guo family will have no strength to compete.
Secondly, the two points of shares in the hands of Guo's peripheral members are very important, and often those two points can determine the outcome.
Finally, in the previous life, as the second shareholder of Wing On Group, Sing Tao Overseas Chinese Bank (holding 25% of the shares) intended to sell the property, Feng Yongxiang of Sun Hung Kai immediately notified his friend Zheng Jiachun, and Zheng Jiachun immediately decided to buy Wing On Group.
All kinds of information appeared in Lin Zuhui's mind. In the end, he decided that "the mantis will catch the cicada and the oriole will be the last". Shares sweeping the market.
His idea is very simple, Zheng Jiachun is in the light, and he is in the dark.New World announced a formal acquisition, buying shares in the primary market (hostile takeover); while Chinese Land swept shares in the secondary market.
The best result: The two companies join hands to annex the Wing On Group, carve up the properties, and sell the garbage industries such as department stores, securities, bank investment, and insurance to the Guo family, and let them inherit the ancestral business.
Moderate result: As of the date of full acquisition, both parties have not reached 51%, so everyone sat down to discuss; because Wing On Group has no confidence and strength to rebuild a large-scale Grade A office building in Central, everyone negotiated: a joint venture between Chinese Land and New World The consortium purchased Yongan Building and Yongan Life Insurance Building and prepared for reconstruction. (PS: In this era, there are still many small buildings in Central, and the reconstruction of the buildings has been a feature since the 90s.)
The worst result: Of course, the Guo family gets 51% of the equity. This is where Chinese Land and New World have been welding hundreds of millions of funds for a year or two.
But no matter what, the current market value of Yongan Group is 13 billion, even if it rises to 30 billion, it is still worth buying. (In fact, it is difficult to increase to 30 billion)
Lin Zuhui got up and started pacing in the office!
He can't join a third-party acquisition for no reason, otherwise he will easily offend Zheng Jiachun.
Unless——he has a magic weapon to win—that is, the shares held by the peripheral members of the Guo family, then he will be 'famous'.After all, he can say that he has already been preparing for it, and privately told Zheng Jiachun that you are the third party.Of course, Zheng Jiachun must lose. With Lin Zuhui joining, he should be grateful to Dade.
However, if he wants to acquire the peripheral shares of the Guo family, he and his company cannot come forward directly, otherwise it will attract the attention of others.
You have to find someone you trust, and you have to be good at lip service and tricks!
……
When Fang Jin came to the Chinese Center, he couldn't help but sigh with emotion. Five years ago, the boss was just a young man under 20 years old, without a job and no backer; now the boss is famous in Hong Kong, famous overseas, and worth tens of billions.
He himself is not bad, with a net worth of nearly [-] million, and he has his own business.Of course, these all depend on the support of the big boss, otherwise I would still be one of the people on the street, so how could I be rich!
Coming to Lin Zuhui's office, Fang Jin called out friendly: "Boss!"
Lin Zuhui got up, came to Fang Jin's side, and patted his shoulder to show his closeness.
He occasionally called Fang Jin to the "Zheng Lin circle" to play, and he also supported this younger brother. If the Chongqing Mansion still cannot change the fate of the fire in the future, Lin Zuhui mentioned that this younger brother can be taken down.
After sitting down, Lin Zuhui said: "I called you this time because I plan to give you a difficult task!"
Fang Jin immediately said: "The boss said yes, I promise to use twelve points to finish it for you!"
Lin Zuhui nodded, this attitude is not floating, of course he is not qualified to float in front of him!
He informed Fang Jin of the situation of the Guo family of the Wing On Group, and finally said: "Your task is to find the most suitable third-generation Guo family and use money to lure him. Let him buy the Yongji stocks of the peripheral members of the Guo family. Come down and sell it to you at a high price!"
Fang Jin thought for a while, and said: "It's not that difficult! After all, Yongji's stocks are in a mess, and it's useless for those peripherals to hold them. If another peripheral member of the Guo family is bribed to do things for me, the rest of the Guo's members who own stocks will also No doubt."
Lin Zuhui smiled and said: "I think so too! You can offer a price that is 2% to [-]% higher than the market price to the member of the Guo family who was bought. In this way, he will not have to work hard for you! But there is one thing, You can’t let him buy and sell in the market, you can participate in the stock transactions of both parties as his assistant. And let me tell you, Guo’s peripherals only have [-]% of the shares.”
The net value of Wing On Group's stock is more than 20 yuan, which is much higher than the current stock price of 7.2 yuan. The double purchase is also very cost-effective.
"Don't worry, boss, I guarantee that he won't miss me!"
Lin Zuhui nodded. There are legal documents for the transfer of shares in the primary market, so don't worry too much!
After Fang Jin left, Lin Zuhui no longer took this matter to heart.
If Fang Jin succeeds, everything is possible!
If Fang Jin fails (to startle the snake or fail to buy), Lin Zuhui will give up that idea.
If this matter is successful, Lin Zuhui will not treat Fang Jin badly, and remind him to clear the warehouse in April next year, which can be regarded as a huge reward for him.
Thinking of the huge rent-collecting properties of Huaren Real Estate, Lin Zuhui couldn't help being a little fascinated.
After the plunge, he will continue to buy bottoms, and will start to merge buildings seriously. Many small buildings under his banner are surrounded by small buildings. As long as he succeeds in merging buildings, he will get several times the income.
……
Time flies, and ten days pass in a blink of an eye.
During this period of time, Fang Jin dug up a lot of information about dozens of members of the third generation of the Guo family, and also met a third generation of the Guo family through friends, named Guo Zhili.
This Guo Zhili is also in business, but he is not successful. Instead, losing money is commonplace, and his finances are naturally not abundant.
The most important thing is that Fang Jin heard that Guo Zhili and the current head of Yongan Group, Guo Zhiliang, did not come from the same lineage, but they had a big conflict with Guo Zhiliang.
At that time, Guo Zhiliang's lineage came to power, kicked Guo Zhili's lineage out of the board of directors, and held him accountable for corrupting ink companies, which almost brought him to the court.
Because of this, Guo Zhili has very strong opinions on the Guo family that is now in power.
After Fang Jin determined his goal, he met Guo Zhili through his friends, and we had two meals together.
On this day, Fang Jin treated guests again, and Guo Zhili happily went there.
Guo Zhili is very happy to meet this generous and heroic new friend.
The two went to a high-end entertainment venue this time, and Fang Jin boldly asked Guo Zhili to order two ladies.
After drinking for three rounds, Fang Jin said, "Brother Ren, what is your relationship with Mr. Guo Zhiliang, Chairman of the Wing On Group Board of Directors?"
Guo Zhili's face immediately turned a little ugly, and then he said fiercely: "The relationship is not good, if my brother wants to ask me to find him to cooperate, it may waste a few treats for you!"
At this time, Guo Zhili thought that Fang Jin was so close to him because he wanted to cooperate with Yongji.
Fang Jin said with a smile: "Brother Ren misunderstood! In fact, I want to buy the shares of Yongan Group in your hand, and plan to make a long-term investment!"
Guo Zhili was stunned, a little confused, and then said: "Yongji was messed up by Guo Zhiliang and the others. The stock price is almost the same as that of cabbage. If you want to invest in the long term, why don't you buy individual stocks in the market!"
Fang Jin said with a smile: "The main reason is that I want to invest 5%. Buying from the market may drive up the stock price!"
Guo Zhili was stunned, but regretfully said: "I only have 50 shares, and it's useless if you buy them. It's better to buy them in the market!"
Fang Jin nodded, and said, "You can also buy it in the market, even if the premium is [-] to [-]%, it is very worthwhile for long-term investment!"
Guo Zhili was taken aback, and quickly said, "Do you want a [-]% premium?"
Fang Jin said with a smile: "Yes, anyway, it's a long-term investment. The property value of Yongji is so good, I don't believe it won't double in the future!"
Guo Zhili was heartbroken. The value of the property was good, but other industries suffered so much. The group’s annual profit was only 1.3 million yuan; but Guangyongan Center’s rent collection was almost 2 million yuan, which shows that other industries have lost money.
It is better not to do better, which is the description of Yongji.
"Since you regard me as a friend, how about selling my 50 shares to you for 10.5 yuan?"
Guo Zhili felt a little uneasy in his heart, he didn't regard Fang Jin as a friend, and after finally catching a winner, he naturally wanted to kill more.
Fang Jin hesitated for a moment, Guo Zhili's heart twitched suddenly, he blamed himself for being too dark, even if it was [-]%, he would sell it!
"It's not impossible, but I hope you will come forward to buy the shares held by those who are not members of the Guo family on the Yongji board! Eat what you have at a reasonable price."
Guo Zhili immediately calculated that the peripheral members of the Guo family held almost 2.8% of the shares of Yongji, and he could receive soft hands even for the commission alone.
"No problem, I agree to this deal!" Guo Zhili had no doubts about him, because Fang Jin was just a small builder, doing some renovation work, and he had no threat.
Besides, didn't others say that buying 5 points in the market will definitely increase the share price, and it may be even higher.
Fang Jin felt relieved, taking down Guo Zhili was equivalent to half the success of the plan.
However, he said cautiously: "I'm still buying odd stocks in the market, so I'm also worried that your family members are buying odd stocks in the market, so I hope I can participate in every transaction with you."
"It should be, after all, I can't advance that much money!"
Fang Jin said hahaha: "Money is trivial! Come on, let's have a good time today!"
Chapter 279 [New Year]
Time flies, and in a blink of an eye, it is New Year's Day in 1989.
The "Huiyuan" villa group on Nanwan Road officially welcomed its owners, and it was very lively for a while.In fact, it can be said to be very quiet. After all, it has an area of [-] square feet, and the eight villas are all single buildings.
Each of the seven girls lives in a villa, with 2 to 3 servants arranged, and one more servant if there are children; it seems that everyone is a little independent, but the whole villa group has a professional housekeeper, she can dispatch troops Will.
The only inconvenience is that when going to bed at night, Lin Zuhui may spend a little time 'combining buildings', combining two or three buildings into one bedroom.
It's not that he is greedy, but he has a problem in mind: I will give you a gun. Although there is only one bullet in the gun, it can subdue three people.Even if I tell the three of them that I only have one bullet in my gun, the three of them can only beg for mercy!
And he only has four to five bullets a week (iron kidney category), so naturally he has to cherish every bullet to subdue more enemies.
At an auspicious time in the morning, under the organization of the housekeeper, Sister Fen, a housewarming ceremony was held, officially announcing that the Lin family had entered the 'Huiyuan Villa Group'.
All of a sudden, the seven women went into their own villas, but Lin Zuhui didn't have a specific one, and he was the male owner of the seven villas.
After moving into the "Huiyuan Villa Group" on Nanwan Road, Lin Zuhui plans to sell the three villas on Repulse Bay Road in February.The reason is very simple, there are only eight of these small detached villas.
Next, he plans to buy a luxury villa with a higher value as a legacy for the family.
For example, the luxury houses on the top of the mountain, such as villas such as No. 66 Deep Water Bay and No. 4 Repulse Bay, are worthy of collection.
What's more, the villa on Repulse Bay Road will be sold in February this year. If it is sold, it can make a lot of money!
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