Hong Kong's new giants
Page 207
If the three have negotiated to divide the property, then he can delay buying the property after the plummet. The cheap money is enough to offset his purchase of stocks this time.
But no matter what, a Central building with an area of up to 60 square feet is absolutely priceless.
The important thing is that according to Lin Zuhui's plan, including the funds for purchasing stocks, he will not spend more than 27 billion on this building.
……
The next day.
The Guo family published an article in the newspaper, first saying that the run on New World Development was a hostile takeover and raising prices; then they pointed out that the net value of Wing On Group's stock was 21.8 yuan, so that shareholders should not be fooled.
After Lin Zuhui saw the Guo family's newspaper, he said with a smile: "Will the hunter be merciful if the prey begs the hunter to put down the shotgun?"
Li Hao said with a smile: "The Guo family is no longer able to participate in market acquisitions, so they published an article in the newspaper! Boss, are we still going to sweep the shares of Wing On Group?"
Lin Zuhui nodded and said: "The Guo family said that Yongji's stock is worth 21.8 yuan. How can we be stingy? Today, we bought a large amount of Yongji's stock and increased our shareholding to 20%."
"it is good!"
……
On the same day, Guo Zhiliang hurriedly went to the Stock Exchange to apply for a suspension of trading on the grounds that Wing On Group's stock rioted.So in the evening, Yongji announced that it would suspend trading for one day on Wednesday.
At this time, Chinese Real Estate had no choice but to jump to the front, so it announced through the financial company Peregrine that night: Chinese Real Estate joined the acquisition of Wing On Group, and currently holds 20.3% of the shares.
For a time, public opinion was in an uproar.
Although some people speculated that Lin Zuhui was sweeping the shares of Wing On Group, after all, it was just speculation. Once the truth came out, everyone still couldn't believe it.
Lin Zuhui is not a sniper in the true sense, he can only say that he has maliciously acquired several companies, so this time naturally he is not a sniper, but intends to acquire Yongji.
And Lin Zuhui and the Zheng family have a close relationship, and the media have speculated whether the two families made an appointment to buy together.
All of a sudden, things became confusing!
Many analysts believe that if the Guo family sues the two companies as "acting in concert", if it succeeds, then the two companies can only make a comprehensive acquisition at the highest price of 21.6 yuan.
Although this move will not lose money, the price is also quite huge!
Chapter 288 [Closed]
The public opinion was turbulent, but it did not stop the acquisition of Huaren Real Estate. However, Huaren Real Estate did not respond to the outside public opinion, as if it was unwilling to achieve its goal.
Although trading was suspended on Wednesday, Chinese Land offered a purchase price of 21.8 yuan per share, and there were countless investors registering with Peregrine.
By the close of the market on Friday, Chinese Land owned 25.5% of Yongji's shares.At this time, the odd shares of Wing On Group are only about 5%.
On the exchange, the shares of Wing On Group have soared to a sky-high price of 23.5 yuan.Naturally, Chinese Land will not buy odd stocks anymore, because they have already won!
The Guo family did not go to the court to sue the two companies for acting in concert, because no matter whether they win or not, the Guo family lost the Wing On Group.The so-called "acting in concert", once the lawsuit wins, New World and Chinese Land will launch a full acquisition of Wing On Group at a price of 23.5 yuan. The price is still acceptable to the two giant real estate companies.
At that time, the Guo family will completely lose the Wing On Group.
……
Saturday, October 2.
Newspapers on the market have published a gossip: In November last year, the Jeanswest brand under the LEIT Group negotiated cooperation with Yongan Company and leased stores, and everything went very smoothly; however, just before signing the contract, Yongan Company 'Break the contract' and turn to cooperate with Jeanswest brand competitor Giordano.
People in the media speculated that it was precisely because of this incident that Lin Zuhui, who had always been "notorious", focused on Yongan Group, and it was also the root cause of the Guo family's disaster.
For a time, public opinion was mixed.
Guo family.
Guo Zhiliang threw the newspaper in front of Guo Zhiren, and couldn't help but said: "We can't avoid a strong enemy, but you are better off, take the initiative to provoke!"
For a while, Guo Zhiren was accused by all his brothers, and he regretted it very much!
"He, Lin Zuhui, has a good reputation and has already been spying on our Yong'an Group. Otherwise, how could he have so many shares in Yongji? This fully shows that he has been secretly purchasing as early as half a year ago! This matter, but It's just an excuse he made!"
Immediately, a member of the Guo family said: "What he wants is an excuse, but you just want to give him an excuse! You will not break the contract for no reason, you must have taken the benefits of the fat Li."
"That's right, for the sake of hundreds of thousands and millions, you have actually incurred such a powerful enemy. Sooner or later, this family will be defeated by you!"
"What nonsense are you talking about? It's their hostile takeover. Without this, wouldn't it have happened?"
"There is also that Guo Zhili, I suggested that he be removed from the family, and he actually joined forces with outsiders to coax the family's shares away."
"Find him, I want him to look good!"
For a while, the Guo family was in a mess!
After a long time, Guo Zhiliang said loudly: "Okay! The matter has come to this point, we want to discuss countermeasures, and we will talk about it after we investigate the responsibility!"
Only then did the members of the Guo family calm down, but they all had a look of sadness on their faces!
……
The conference room of China Estates.
Lin Zuhui is also holding a meeting with the high-level executives of the acquisition, including Peregrine representative Liang Botao, China Land Investment Gao Yi, Hengjin Investment Li Hao and others.
Lin Zuhui said: "We no longer need the shares of Wing On Group!"
Liang Botao said: "I believe that by the end of the acquisition day, there should be no one to register. After all, there are only 5% of Yongji Distributed shares left in the market, and it is easy to maintain more than 22 yuan."
Lin Zuhui nodded, and said to Li Hao, "How much did we spend this time?"
Li Hao immediately said: "A total of 7.8 million was spent, within a reasonable range!"
Lin Zuhui nodded. If it weren't for the 10% of low-priced stocks backing the acquisition, the price of this acquisition would be even greater.
And New World also holds 25% of the shares, but it only spent more than 5 million yuan, which is of course more cost-effective.
"Okay, the Yongan Group's acquisition has come to an end. Next, it's time to bargain with Guo, and I'm not in a hurry!"
At this time, Lin Zuhui was of course unwilling to make a full acquisition, so Guo did not go to the court to sue the two companies for "acting in concert", but it was convenient.Of course, even if you sue, you can't win.
……
Monday.
Chinese Land, New World Development, and Wing On Group met in the conference room of Yongan. This time, it was the Guo family who took the initiative to invite them to make contact.
As soon as they met, Lin Zuhui could see the 'unfriendly' eyes of the Guo family. Unfortunately, Lin Zuhui was not frightened, and his expression seemed unaffected.
After the three parties sat down, Guo Zhiliang took the lead to ask: "Lin Sheng, Zheng Sheng, celebrities don't speak secretly. Since you attack and own 50.5% of the shares, why don't you initiate a full acquisition?"
Lin Zuhui said calmly: "Why doesn't Guo Sheng sue us for 'acting in concert' first? If we win, we can only initiate a full acquisition!"
Zheng Jiachun acted as a good old man, and said: "Guo Sheng, you should have read the newspapers. This time, our New World did not communicate with Huazhi. It was just that Huayin wanted to sell Yongji shares, so I took it over. At first, I didn’t intend to initiate an acquisition, but only hoped to discuss cooperation with Yongji Company. Later, after the stock market rose too high, I had no choice but to initiate a comprehensive acquisition, because I didn’t want to be too passive!”
It's a pity that the Guo family doesn't accept this.
Guo Zhiliang went on to say: "I don't think you guys want to make a full acquisition. If that's the case, what do you really want?"
Lin Zuhui suggested: "My idea is that Yongji's property is dragged down by other industries and cannot play its due role. Taking advantage of the current high market price, we Chinese real estate will buy Yongan Center, and New World will buy Yongan Building and Yongan Life Insurance building!"
The fox's tail is finally exposed!Members of the Guo family glared at the two of them.
Guo Zhiliang said calmly: "These three properties are the symbol of Wing On Group and our ancestral property. It is impossible to sell them!"
Lin Zuhui sneered in his heart, he seemed to remember that Wing On Group sold the building in 1991 in his previous life!
He smiled and said, "Wing On started out as a department store. After selling these three properties, you still have two shopping malls."
Guo Zhiliang immediately said: "At most, we will sell you Yongan Building and Yongan Building to support your reconstruction of the Central property. Wing On Center will not be sold! Moreover, you need to sell part of the equity to us!"
His idea is that by selling these two buildings, he can at least increase his shareholding to 51%, and he can buy it safely.
Naturally, Zheng Jiachun would not take the initiative to agree. Although his goal has been achieved, he and Lin Zuhui are in the same trench now.
Lin Zuhui said with a smile: "Selling part of the shares to you means that we have lost a lot of money, which is equivalent to throwing more than one billion into a puddle! We will not agree to this proposal."
The two spent a total of 13 billion. Assuming they only bought the two buildings and transferred part of the shares to Guo, the remaining billion would be equivalent to buying a junk stock, which is completely unacceptable.
For a while, the meeting was deadlocked, and in the end they had to break up unhappy.
……
Back at Huazhi Center, Lin Zuhui invited Zheng Jiachun to his office.
"It seems that Mrs. Guo will not give in easily!"
Zheng Jiachun nodded and said, "Then what are you going to do?"
Lin Zuhui said: "Let's stand still for now. The public opinion is not good for us now, even if it is a full acquisition, it is not worthwhile! You, New World, will hold the 25% of the shares for me. Once Yongji's stock falls, the highest price in the past six months If I can accept it again, I will buy your shares first, and then fully acquire Yongji. At that time, even if the Guo family does not sell my own shares, I can use voting rights to control Yongji’s board of directors.”
Zheng Jiachun immediately said: "I have no reason to reject this proposal. After all, I can get those two rebuilt properties, and the price is not as high as yours!"
Lin Zuhui said with a smile: "Wing On Center and the two shopping malls in Tsim Sha Tsui East are all owned by Hua Zhi, and I will be very satisfied!"
Not to mention the three properties he acquired, he can also sell other properties to the Guo family.
Both of them laughed.
At this point, Lin Zuhui is waiting for the stock market crash and plummet. Whether it is a full acquisition or property acquisition, he can save a lot of money and take the initiative.
After that, if Mrs. Guo comes to follow him, he only said that he intends to invest in the long term.
Chapter 289 [Promotion to the Four Great Plutocrats]
In late February, the "Battle of Yongji" that had been raging a lot began to subside slowly. Chinese Land and New World Development did not act aggressively, nor did they ask to join the board of directors of Yongji.
It's just that news came out that the three companies were discussing cooperation, but Yongji directly rejected it.
Some critics analyzed that: Chinese Land holds 25.5% of Yongji shares at a price of about 8 million yuan; New World Development holds 25% of Yongji shares at a price of 5.8 million yuan.The two companies can only be used as long-term investments (considering the high cost of comprehensive acquisitions), however, investors who have no brains will not easily take unpopular stocks that are going from bad to worse and have been in a long-term downturn as long-term investments.The two companies are equivalent to salting more than 13 billion funds into Yongji shares, which puts a heavy financial burden on the company.
Although the final result was unsatisfactory, some media also discovered the wonderful part of the "Battle of Yongji": that is, through secret channels, Huaren Real Estate actually took the non-members of the board of directors of the Guo family into The shares were wiped out.As a result, Chinese real estate has actually taken the initiative.If Yongji's stock falls within the acceptable range, Chinese Land can acquire the equity of New World Development first, and then launch a general acquisition offer.At that time, the victory and defeat will be established in one fell swoop.
As soon as this comment came out, Lin Zuhui's image was elevated again among the citizens, and he became the "Napoleon" in the battle of commercial acquisitions in one fell swoop.Even a company with such tight defenses as Yongji has been found by him.
Of course, the Yong'an Guo family has also become a joke in the mouths of the citizens. There are endless civil strife in the family, and the conduct of the members is uneven!
However, savvy investors will always consider a question: Lin Zuhui is currently standing still, is he waiting for a good opportunity to defeat the Guo family in one fell swoop?
Leaving too many discussions and questions, I believe that in the near future, everyone will understand Lin Zuhui's brilliant strategy and precise analysis of the market.
……
Friday, April 2.
In the morning, Lin Zuhui came to the office of Huazhi Center, picked up the newspaper and read it, and his assistant Li Ke prepared tea for him.
A piece of news from Hong Kong Economic Journal made Lin Zuhui look seriously.
"Top Ten Chaebols in Hong Kong in the Fourth Quarter of 1988"
664. The Li Ka-shing family (11.6 billion, accounting for [-]% of the total market value)
581. The Keswick family (10.1 billion, accounting for [-]% of the total market value)
464. The Swire family (8.1 billion, accounting for [-]% of the total market value)
351. The Lin Zuhui family (6.1 billion, accounting for [-]% of the total market value)
238. The Bao Yugang family (4.2 billion, accounting for [-]% of the total market value)
228. The Kadoorie family (4 billion, accounting for [-]% of the total market value)
171. Lee Shau Kee family (3 billion, accounting for [-]% of the total market value)
165. Guo Desheng family (2.9 billion, accounting for [-]% of the total market value)
142. Zheng Yutong family (2.5 billion, accounting for [-]% of the total market value)
108. The Chen Zengtao family (1.9 billion, accounting for [-]% of the total market value)
The listed companies controlled by the top ten chaebols account for 55% of the total market capitalization of Xiangjiang.
Of course, the most eye-catching thing is Lin Zuhui's ranking, which has directly promoted several places, becoming the fourth largest chaebol in Xiangjiang and the second largest chaebol in Huazi.
新时代集团的市值已经168亿、华人置业的市值112亿,国泰城市的市值15亿、万辉传媒21亿、LEIT集团23亿、富利地产12亿。
The market value of Shanhuaren Real Estate has even surpassed that of Hang Lung, Henderson Land, and Jiahong (a real estate company spun off from HK Electric), ranking sixth among the top ten real estate developers in Hong Kong.
Although the market capitalization of Lin Zuhui's listed companies has always been low, even so, the ranking of the fourth largest chaebol is well deserved.
Because the Bao Yugang family has hidden wealth, but Lin Zuhui also has tens of billions of hidden wealth, no less than the Bao family.
Of course, everyone knows that the Bao family's wealth is hidden a lot, but they don't know that Lin Zuhui's wealth is hidden. He is still a billionaire with "billions in debt".
In 1988, there was no statistics on the list of billionaires, only the rankings of the top ten real estate companies and the top ten listed consortiums.
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