Rebirth of the Strongest Tycoon

Chapter 397: 13.2.7 billion working capital

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Seeing Liu Shihao's departure from the back, Xia Yu felt a trace of anticipation in his heart.

This Liu Shihao is indeed a talent who was discovered by accident. The most important thing is that the company's development ideas are in line with what he wants. This means that this is a talent who can execute his orders and ideas well.

There are many talents in the world, but it is very difficult to find talents that coincide with his own ideas. Xia Yu was lucky and found one just when he needed it most.

It was precisely for this reason that he had chatted with Liu Shihao for so long and gave him such high expectations.

Before Xia Yu took the Wharf, when he was free, he roughly made a development plan for the Wharf in his heart.

Wharf said it is a company, but it is actually a group, its full name is Wharf Group Co., Ltd. It is the parent company that is listed.

Under the Wharf Group, excluding the affiliated companies that invest in shares, there are four subsidiaries, namely Wharf, Haigang Enterprise Co., Ltd., Heung Kong Tram Co., Ltd. and Star Ferry. In addition, there are also buildings and Ma Copolo Hong Kong Hotel and other assets.

From the beginning of the wharf warehouse, Wharf has developed into the largest freight port in Hong Kong today, with deep-water wharves, open-air cargo yards, and freight warehouses. It is the proper landlord of Hong Kong.

And most importantly, the wharf and warehouse sites of Wharf in Tsim Sha Tsui, Hong Kong Island, and New Territories are all prime locations and priceless. The real estate predators in Hong Kong are not to mention eye-catching, but they are scared by the power of the Jardine Consortium. Don't dare to think.

However, under the control of the Jardine Consortium, although Wharf has successively built famous properties such as Harbour City, Ocean Center Tower, and Ocean Terminal, its management methods are very low.

Adhering to the concept of building buildings with own funds, only renting but not selling, the return of funds is slow, and the group's capital chain is tight. In order to alleviate the burning eyebrows, a large number of bonds were issued, which in turn caused debts to become high, credibility declined, and stocks depreciated, step by step toward desperation.

In the previous life, until the shipping king Bao Yu first took over the Wharf Group, he immediately made drastic reforms, starting with Harbour City.

Repair the first built Ocean Terminal, reinstall the Marco Polo Hong Kong Hotel, build a new Ocean Center Tower, and build Gateway Tower, Star City, various office buildings, high-end shopping malls, etc., and make full use of the huge site of Wharf Wharf. It has become the largest shopping mall in Hong Kong.

Harbour City is a representative of a typical commercial complex.

In the later generations, the asset value of Harbour City alone will reach more than 160 billion Hong Kong dollars. The annual rental income after excluding the hotel has reached more than 10 billion Hong Kong dollars. The total retail sales of all tenants in Harbour City has reached more than 50 billion Hong Kong dollars. It accounts for more than 7% of Hong Kong's total retail sales, ranking first in Hong Kong!

A hen that will lay golden eggs!

After that, the Wharf Group made full use of the land in its hands to once again create a down-to-earth, civilian-oriented Times Square. The passenger flow was also full, and the money was soft.

The two Optimus Primes of Harbour City on the one hand and Times Square on the other have allowed the Wharf Group to sit firmly on the throne of one of the four major real estate giants in Hong Kong.

History has proved that urban complexes are really the mainstream of the development of the real estate industry, especially in a densely populated place like Xiangjiang, which is more suitable.

In this life, the Wharf Group is in the hands of Xia Yu, with the correct guidance that has been taken in the previous life. Coupled with Xia Yu's knowledge, Wharf will definitely develop rapidly in the real estate industry! Go fast and steady!

In addition to Wharf and Seaport Enterprise Co., Ltd., the other two subsidiaries of Wharf Group are not simple.

Among them, Xiangjiang Tram Co., Ltd. was acquired by the Wharf Group in 1974 and established in 1902 to monopolize the tram transportation industry of Xiangjiang.

The Star Ferry is not bad. It is a well-known cross-sea transportation tool with a long history in Hong Kong’s Victoria Harbour. Every day, more than 70,000 people take the Star Ferry to and from Hong Kong Island and the Kowloon Peninsula. It is a common means of transportation for Hong Kong citizens. With the voice of an exclusive monopoly, the tourist transportation business of Victoria Harbour is all eaten by it.

The Star Ferry is also a means of transportation with a long history as famous as the Hong Kong Tram and the Victoria Peak Tram.

Of these three, two belong to the Wharf Group!

Daylight flashed by. Under Xia Yu’s strong rectification, the entire Wharf Group’s employees left a deep impression on the new boss Xia Yu. Although the company was chaotic, under Xia Yu’s strategy, Soon settled down.

In addition to dealing with the Wharf Group, Wang Qi is responsible for repurchasing shares, and Xia Yu ordered Yan Shining to cooperate with Li Wuming to strengthen the security of himself and his family.

Xia Yu is not stupid. After provoking, he knows that the Jardine Foundation will retaliate, he must strengthen the security of himself and his family.

Although the security personnel training was not completed, Xia Yu asked Yan Shining to suspend the training and pulled the people out.

Ordinary security personnel do ordinary words, such as maintaining order and patrolling.

For example, Yan Shining’s old subordinates, as well as some of the more capable employees recruited, are arranged around Xia Yu and his parents and family members to protect their personal safety.

He started to be a low-key person, and the security force was strengthened, Xia Yu finally breathed a sigh of relief.

It's time to take stock of your achievements!

Xia Yu made 1.413 billion Hong Kong dollars in gambling, and then spent 96 million on Li's TV stations and RVs, leaving 1.317 billion in working capital.

Of course, this liquidity is calculated separately from the accounts of Jiuding Securities Company, Jiuding Newspaper Company and other companies, and the remaining money after gambling.

And then spent 20 million Hong Kong dollars to buy Guangan Bank.

Immediately afterwards, the Jardine Air Cargo Terminal made a profit of 424 million Hong Kong dollars.

Then came the battle of Jardine Insurance Consulting Group, which swallowed 60% of the equity and cost 296.8 million Hong Kong dollars.

Then there was the earth-shattering battle of Jardine Machines Group, which made a profit of 1.003 billion Hong Kong dollars, of which 30% of the equity of Jardine Insurance Consulting Group and 853 million Hong Kong dollars in cash.

In addition to these, the Galaxy Fund’s other investment profits and equity threat exchanges, etc., add up to about 20 million.

Finally, Wharf is the Wharf. From the beginning to now, he has taken a 62.2% stake in the Wharf Group, which cost him 970 million Hong Kong dollars.

However, 395 million Hong Kong dollars of this were spent earlier, and it was spent by Jiuding Securities Co., Ltd. when it acquired the stocks. Among them, 285 million was obtained by using 28.5 million to ask HSBC to leverage ten times.

Xia Yu has already completed the internal settlement and transferred the equity from Jiuding Securities to the Galaxy Fund, and the Galaxy Fund has given the Jiuding Securities a cost of HK$395 million.

After Jiuding Securities got the money, it immediately removed the financial leverage. The 285 million yuan immediately shrank to 28.5 million, plus the original own funds of 142 million and the profits made during this period. Own working capital reached 185 million Hong Kong dollars.

Xia Yu's money from Jiuding Securities Co., Ltd. will not be integrated into it for the time being, leaving aside, continue to count the Galaxy Fund.

Calculating the ins and outs like this ~www.readwn.com~ His current liquidity has reached about 1.327 billion Hong Kong dollars, which is nearly 10 million Hong Kong dollars more than the 1.317 billion Hong Kong dollars before the action.

But don’t forget!

Compared to before, he now has another Guangan Bank in his hands, 90% of the equity of Jardine Insurance Consulting Group, which was originally valued at HK$500 million, and 62.2% of the equity of Wharf Group!

The more than one billion Hong Kong dollars he earned from gambling was originally for the acquisition of Wharf. Who knew that the progress would be so smooth. After some tossing, not only the money was not small, but the things he wanted were obtained!

After taking such an inventory, Xia Yu's heart felt refreshed.

"However, when we are not satisfied, the current market value of Wharf is definitely an insult. To complete the privatization, nearly 38% of the equity is needed and a lot of money is needed, but 1.327 billion is definitely enough!"

"Continue to keep a low profile and make every effort to complete the privatization goal of the Wharf Group!"

Xia Yu smiled and thought to himself.

(=)

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