Hong Kong's new giants
Page 225
Showroom lobby (20 square feet)
Restaurants and Recreational Venues
"How much interest do you plan to sell?" Lin Zuhui asked.
Zheng Jiachun stretched out two fingers and said, "[-]% interest!"
The so-called [-]% interest is of course only an estimate, and the actual transactions are all sold by floor.
Lin Zuhui asked again: "What price do you plan to sell?"
Although the two are friends, they came to the company today to discuss business matters. However, Lin Zuhui intends to buy the property of the convention and exhibition center for Hengjin Real Estate, that is, to hold it personally.
Zheng Jiachun said bluntly: "5000-6000 Hong Kong dollars per square foot, this is the trump property of the Convention and Exhibition Center, and it is worth the price!"
Not expensive, and this price is only available at this time.Although the Convention Plaza is located in Wanchai, even the office buildings in Wanchai have different levels of rent. Before the sharp drop, the rent here was at least 50-55 yuan per square foot.
Lin Zuhui didn't bargain, after all, this thing is rare in the market.
Next, Lin Zuhui carefully looked up the information on the sale of office buildings (sold by floor), with a total area of 15 square feet and a total price of 8.3 million Hong Kong dollars.
Finally, Lin Zuhui said: "Choose a day to sign the contract!"
Zheng Jiachun asked curiously, "Aren't you going to bargain?"
Lin Zuhui asked back: "Why should I counter the price, it is worth the money!"
For a while, Zheng Jiachun felt that Lin Zuhui's funds were unfathomable, and he was very envious.
The purchase of the flagship property in the Convention and Exhibition Center is only a part of the investment of Hengjin Real Estate. After all, Lin Zuhui personally prepared a total of 80 billion for bottom hunting; 30 billion of which were bought in securities and index futures, and the other 50 billion will be used for investment Property (including 10 billion spent by the Garden Road Land King).
……
Lin Zuhui came to No. 1 Peak Road, Cha Liangyong's residence, carrying a gift.
Speaking of Peak Road, the most expensive villa is of course No. 75 Peak Road - Ho Tung Gardens. This villa has always been vacant, and it was sold for 63 billion in later generations.Of course, Lin Zuhui was not interested in this villa at all.
Jin Daxia warmly received Lin Zuhui. Of course he knew why Lin Zuhui came to him, but he was most optimistic about Lin Zuhui taking over Ming Pao Group.
Lin Zuhui saw the "Little Dragon Girl" who was only five years older than him and 29 years younger than Jin Daxia pour tea for him, so he quickly said thank you!
"You're welcome, it's not your first time here!" Xiao Longnu said with a smile.
Lin Zuhui smiled, he had seldom played with Jin Daxia in the past few years, there were too many things.
After tasting the tea, Lin Zuhui explained his intentions: "Jin Lao, Wanhui Media intends to take over Ming Pao Group, and I hope to think about it."
He didn't need to talk about money, Jin Daxia also knew that Lin Zuhui was not short of money, so he didn't care too much.
A trace of worry flashed across Jin Yong's face and said: "You were my favorite, but you are now focusing on real estate. Besides, are you planning to let Wanhui Media integrate my Ming Pao Group directly?"
His worry is very reasonable. If someone else wants to sell the property, Lin Zuhui can simply merge the newspapers into Wanhui Media.But Jin Daxia is different. He also wants to succeed Ming Pao Group to carry forward the Ming Pao Group, and the Ming Pao brand will continue to spread.
Therefore, Lin Zuhui said confidently: "Of course not! My idea is that we will first buy you and Mr. Shen a total of 70% of the shares. During the period, you will continue to be the chairman of the board of directors, and we Wanhui Media will lead Ming Pao The group went public. After listing, Ming Pao Group is essentially a public company. Its management in all aspects integrates Chinese and Western methods and adopts a relatively independent management method. Moreover, my idea is to attach importance to the distribution of overseas "Ming Pao"... In short, we We will continue to develop Ming Pao Group, rather than sit back and enjoy dividends."
Ming Pao Group only made a few dollars, and the entire 90s is estimated to be around 15-20 billion. It can only be said that Wanhui Media has made a little bit of money; but if you use the money from buying Ming Pao to invest in properties, I don’t know how many times it will earn .
What he fancy is influence!
When Jin Daxia heard that Lin Zuhui planned to list Ming Pao and then conduct a more independent business model, it was very useful; moreover, Ming Pao had the resources and support of Manfai Media.
"I am keen to seek a young man who is smart, capable, enthusiastic about journalism, and sincerely working hard to take over the Ming Pao Group. In every respect, you are the best candidate. The only disadvantage is that you are too busy!" Jin Yong smiled Said.
Steady!Lin Zuhui thought to himself.
Lin Zuhui immediately said: "Old Jin, what do you think of ATV's performance in the past two years?"
Jin Yong nodded, even showing a look of admiration, and said: "The performance is naturally very good, all the people in Hong Kong praise it, Hong Kong finally has two channels that I like to watch! And I also know that everyone said you accounted for half of the More than credit!"
Lin Zuhui said modestly: "Half of the credit is definitely not there. After all, I work at ATV for half a day every week."
Jin Yong was relieved, and then he remembered that Lin Zuhui's memory and wisdom are far superior to ordinary people!
"I'm afraid you won't even stay in Ming Pao half a day?"
"Old Jin, Wanhui Media has a lot of talents, you must be aware of it. Moreover, Ming Pao itself is also full of talents, so why worry about it. Besides, with you and me watching, and the integration of resources from a large group, I believe "Ming Pao" will have a better development."
Anyway, it's all deceitful words, so Lin Zuhui will say more.Regarding the development of Ming Pao, his original intention was to proceed step by step, and let Wanhui Media provide some support in news materials. To put it bluntly, it was resource sharing and distribution.
Jin Daxia nodded, no doubts.
Instead, Lin Zuhui took the initiative to mention: "In terms of price, Wanhui Media has 5 million in cash and is willing to pay you and Mr. Shen for [-]% of the equity!"
Sure enough, Jin Yong didn't care about the price, but asked curiously, "Why is there so much cash in the account of a newspaper group?"
Unexpectedly!
Lin Zuhui said with a smile: "Currently, Wanhui Media's annual profit is more than 3 million yuan. We are no longer a single newspaper/magazine group. Our comic industry accounts for 5000% of Hong Kong's profits, hundreds of millions of yuan in net profits; not only that, we The manga branch in Japan can earn more than [-] million a year in Japan... We also have a huge property, and a lot of money is earned from selling the property.”
Jin Yong sighed and said: "You have completed the media group and the real estate group!"
Lin Zuhui said: "I'm planning for a rainy day! The newspaper industry in Xiangjiang has always been uneven. I think that if you want to run a newspaper with peace of mind, you should have a huge group and huge profits to support the long-term operation of the newspaper industry. For example, "Huaqiao Daily" has a history of more than 60 years, if Cen has a strong financial strength to carry out modern operation and revision, why should he plan to change hands."
Jin Yong has to admire Lin Zuhui's brain, others think very long-term and steadily.
On the same day, the two had almost finalized the deal, which shows that Lin Zuhui's investment over the years has been very effective.
You know, we talked about it for two years in the previous life.
According to rumors, there were more than 10 consortia wanting to acquire Ming Pao, including:
The acquisition partner formed by acquisition experts Liang Botao and Zheng Jinghan;
British newspaper tycoon Maxwell;
Li Ka-shing, the richest man in Hong Kong;
Jardine Matheson, the chief foreign firm in Hong Kong, and an Australian media tycoon;
Rupert Murdoch, major shareholder of the South China Morning Post;
Yu Pinhai, owner of Tokuma Bookstore in Japan and his consultant.
In this life, Jin Daxia is not only satisfied with the price given by Lin Zuhui, but also satisfied with Lin Zuhui's choice.
Although they agreed verbally, the transaction between the two parties still required contact at the company level, as well as communication with Shen Baoxin, another shareholder of Ming Pao Group.Therefore, it is estimated that it will take some time to be officially completed.
Of course, Lin Zuhui believes that Jin Daxia is not the kind of person who breaks the contract. After all, Yu Pinhai was so poor in his previous life, and Mr. Jin was willing to sell it. There is no reason why Lin Zuhui would not believe it.
Chapter 313 [It's too early to be happy]
Huazhi Center.
Lin Zuhui was in the office, looking at the stock price of New Times Group on the computer, and was very satisfied.
If other companies dare to have such a high debt, the stock price will definitely perform poorly.
Take New Era Group as an example, with a debt of RMB 100 billion, the normal annual interest is RMB 9 million. The interest engulfs the profit in a large amount, and the net profit will naturally decrease greatly. It is no wonder that the stock price has performed well.
In another year, "New World Development" will have such a situation. Its annual profit will not even exceed that of Hang Lung, and its market value will naturally fall behind.
However, this year, New Times Group has made a total of 12 billion non-recurring profits in futures and foreign exchange, which is enough to make investors and stock commentators shut up.Moreover, 100 billion of the 50 billion was borrowed after the plunge, and the annual interest of New Era Group should be more than 7 million.
As for the profits made in real estate, this year New Times Group is also very eye-catching, because it has sold more than 10 billion rental properties, which is also considered a non-recurring profit (costs must be deducted); there are also sales of real estate and construction, etc. The profit should also be 13 billion to 15 billion.
Taken together, this year's annual profit is still more than 20 billion, which is at the same level as Cheung Kong and Sun Hung Kai.
This still does not include Chinese home buyers!
Chinese Land has sold more than 40 billion properties this year. If the purchase cost of the year is deducted, the profit is very considerable.
Therefore, although the two companies have high debts, their stock prices still perform well!
Don't worry about it next year, firstly, the value of the purchased property will increase substantially, secondly, you can make a fortune in oil, and thirdly, your net profit in real estate will increase greatly.
After a while, Lu Donglai walked in and reminded Lin Zuhui that he was going to the Hong Kong Sea-Land Container Transport Company.
The New Era Group and the sea-land container transport have communicated several times about the equity transaction. Lin Zuhui's visit has naturally entered the final stage of negotiation.
……
"Mr. Quian, hello!"
"Mr. Lin, that's good!"
A group of people sat down in the conference room of the sea-land container transport!
As the person in charge of the sea-land container transport in Hong Kong, Kui An can only be regarded as a small player, but he has been authorized by the US headquarters in advance to be fully responsible for the negotiations.
"Mr. Lin, I want to know if you are really sure to win the bid for the future Kwai Chung No. [-] pier?"
Lin Zuhui said seriously: "This is not necessarily true, I can only say that we will try our best! Moreover, if we acquire 50% of your equity, the main operator of Xiangjiang sea-land container transport will become our New Times Group. Given your We will also strengthen our technology in this area and seek multiple allies to bid jointly.”
Kui An immediately said: "It's not that our technology is insufficient, but that the No. [-] pier is too small, and our investment was not large at the beginning. But we also have an advantage, and that is in land freight."
Hailu is weak in the container terminal industry, but has an advantage in the container truck transportation industry. It has a huge container fleet and its business scope radiates to Hong Kong and the mainland.
Lin Zuhui emphasized again: "In any case, I hope that we will lead the sea and land containers, and you will help us manage and provide technology. Because it takes a lot of strength to compete for the No. [-] container terminal."
Kui'an had communicated with the headquarters long ago, and the opinion of the headquarters was to give up the leading power to the New Times Group, and then invest with the locals.
"There is no problem with this, after all, your shares will be the largest after the transaction is completed!"
After this aspect is negotiated, the next step is the question of price!
Kwai Chung Pier No. 12.2 has only one berth and a small storage area, but their land transportation system network is really good.Therefore, Sea-Land Container Transport proposed to sell it at a price of [-] billion, and Lin Zuhui agreed.
This price is not expensive. If there is no crisis, the United States Sea and Land will not agree to this price.
On the same day, the audit and legal affairs of New Era Group entered the Hailu container and signed the contract that night.
……
The next day.
Xiangjiang’s media disclosed the details of the transaction, which aroused considerable public opinion in Xiangjiang.
Most people think that New Era Group developed too late, and entering this business now, it will be difficult to get a share in the future.
However, when Li Chaoren saw the news, he immediately began to pay attention to it.
Although the Sea-Land Container Terminal is not worth mentioning and does not have much strength to compete for Kwai Chung No. [-] Container Terminal, Li Chaoren believes that Lin Zuhui will not give up so easily.
For a while, Li Chaoren recruited Ma Shimin from Hutchison Whampoa to discuss countermeasures.
Ma Shimin thought for a while, and said: "The two largest container companies in Xiangjiang are our International Containers and Modern Containers. If the two of us jointly bid, almost no one can take them away. If we add another insurance, invite the Chinese enterprise Huaxia Ocean , then it’s a sure thing.”
Li Chaoren's eyes brightened, and he immediately added: "Not bad! After winning the bid, the four terminals will be divided equally, and the modern container will be divided into two. We will jointly develop the other two with Huaxia Ocean."
The idea of the two is very good. After all, they have drawn all the capable ones together to bid, and then divided the cake. In this way, the defense is almost watertight.
Ma Shimin also said: "Recently, New Times Group is preparing for 'Times Telecom' and investing in sea and land freight. Lin Zuhui has a lot of ambitions! Xiangjiang's territory is so big, and his rise will seriously affect our development. After all, the loss of the two projects of Lantian Subway Station and Crane Park is because of him!"
Li Chaoren nodded and agreed with Ma Shimin's statement, but he also said: "He is the owner of newspapers, magazines, and TV stations, and the Hong Kong government has to take care of him. Moreover, he is a villain. We are in the Legislative Council He didn't miss any of the well-friended members of the Administrative Bureau. He not only gave those members their director's fees (a dry salary, Xiangjiang is not illegal), but also let those members invest in their Hengjin No. 1, earning a lot Money. So, in terms of relationship with the Hong Kong government, he is no weaker than me."
Ma Shimin frowned, saying that Li Chaoren is the darling of the Hong Kong government, and there are many discounts for land premiums.Unexpectedly, another Superman Lin came out now.
"I don't think so. Recently, I heard that they are discussing with the Hong Kong government about the land subsidy fee for Crane Park. I believe that if the boss talks about it, it will be very cheap; but if Lin Zuhui talks, it may not be settled without 40 billion!"
Li Chaoren had no choice but to say: "Don't worry about it, if you lose it, you lose it. We have already looked at the world, and he is still developing in Xiangjiang!"
Ma Shimin continued: "Boss, if you look at the world, it doesn't mean that someone has dug our rear. This time, Jin Daxia intends to sell Ming Pao Group. You can give it a try. After all, you also need a little power of public opinion."
The citizens and reporters outside are not very friendly to these big real estate developers, especially the four major real estate families; after all, Lin Zuhui developed later, and he himself supports a large number of reporters.
Li Chaoren was really moved, but he said worriedly: "Lin Zuhui and Jin Daxia have a very close relationship, I'm afraid it won't be our turn. But... we have to try anyway!"
……
12 Repulse Bay.
Lin Zuhui and Li Zhaoji came to Zheng's mansion one after another.
The two sat down with Zheng's father and son in a secret room.
Li Zhaoji couldn't wait to say: "Zu Hui, why did you invite me to Ah Tong's house?"
Zheng Yutong didn't completely retire, and said with a smile: "I think it's because of the container terminal. You are amazing. You won 50% of the equity of the sea-land container transport at once, and became a major shareholder in one fell swoop."
Zheng Jiachun added from the side: "The price is very good! I didn't expect them to sell the equity, otherwise I would have done it first!"
Lin Zuhui saw that everyone knew what he was doing. It seemed that the New Times Group's stake in the sea-land container transport has attracted everyone's attention, including Li Chaoren of course.
He said: "The reason why I was able to obtain the general equity of Hailu is because I promised to lead Hailu to compete for Kwai Chung No. [-] Pier."
Everyone was very surprised, and Lee Shau Kee even said: "I heard that the No. [-] Kwai Chung Container Terminal will invite tenders early next year, and the strength of the sea and land containers has no hope of winning the bid."
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