Almighty crossover king

Chapter 779 Investing
The Qin family's strength in Malaysia is very good, and the most important thing is that the Qin family has theaters in their hands.60.00% of the theaters in Malaysia are in the hands of the Qin family.

It was precisely because of this that the Qin family was qualified to be in Zhang Fan's eyes.Only then are they qualified to cooperate with Longteng Group.

The two parties established a joint venture company, Longteng Group holds 50.00% of the shares, and the Qin family holds 40.00% of the shares.

A controlling stake is a prerequisite for cooperation, but the president of the company gave it to Qin Kun.Moreover, Longteng Group stated that if the company does not experience large-scale losses in the future, Qin Kun will not move in this position.

The joint venture company established is a cinema company, and what they want to do is the cinema.Longteng Group has brought technology and capital to prepare for a large-scale construction of cinemas with Longteng giant screens in Malaysia.

Everyone knows the fame of Longteng Giant Screen.A Jurassic Park movie made the Longteng giant screen famous.Even now, there are still many tourists going to Huaxia to experience Longteng's super hall.

There are no cinemas of that level in Malaysia.Now Longteng Group is bringing this product and is planning to build [-] large movie theaters in Malaysia.

Although there are only a hundred theaters, the investment in each theater is huge.And each theater can accommodate a lot of people.

It can be said that these one hundred cinemas are the top cinemas in Malaysia.Each theater has eleven halls, including ten standard halls with 240 people and one A-level hall with 600 people.

In other words, a cinema can accommodate 3000 people watching movies at the same time.

One hundred theaters can accommodate 30 people watching movies at the same time.This number is already quite scary, after all, Malaysia as a whole has a population of just over 3000 million.

These one hundred theaters are more than enough.The investment in these theaters is huge, including equipment and housing, and each theater has an investment budget of about [-] million yuan.

One hundred theaters is 100 billion, which is too big.According to the shares, the Qin family needs to spend 49 billion yuan.

For the Qin family, it is naturally impossible to take out this money.But fortunately, Longteng Group is willing to pay in advance.In the future, it will be deducted from the profits of these theaters, and the money will be temporarily lent to the Qin family, but the money has interest, and the interest is not low.

For the Qin family, this is an empty glove white wolf.The Qin family will naturally not refuse, but the Qin family also knows what the Longteng Group wants.

They want to use the Qin family's relationship to develop in Malaysia.The cooperation between the two parties is not just about theaters, the future cooperation in film is the most important.

Theater chains have a large investment, but these theater chains all have a requirement.That is, the house must be their own, that is to say, the house is not rented, but the joint venture company's own property rights.

Calculated in this way, an investment of [-] million yuan in a movie theater is not expensive.After all, the house needed for each movie theater is still very large.

Fortunately, housing prices in Malaysia are not too expensive. If they are comparable to those in first-tier cities in China, you can’t even buy a house with RMB [-] million.

And the houses in Malaysia are all freehold property rights, and you can buy them as your own.

Entertainment industry, this is the first step of the plan.Longteng Group not only invested in theaters, but also established a joint venture film and television industry.

This film and television company has a lot of shareholders. Apart from Longteng Group and the Qin family, there are more than a dozen shareholders. These shareholders are all very powerful people in Malaysia.

They knew what Zhang Fan wanted, and Zhang Fan also knew what they wanted.Joint venture to make money together and jointly develop the Malaysian market.

Xu Hui has achieved good results here, and the negotiation on the other side is coming to an end.

"Pleasant to work with..."

"Pleasant to work with..."

The capital of Malaysia, under the witness of reporters.A takeover has officially come to an end.The acquisition was negotiated back and forth for several months.

Now that the curtain has finally come to an end, the news is also horrifying.When it was announced, both Malaysian and Chinese netizens were shocked.

Longteng Group acquired 4.7% of the shares of Malaysia's Proton Group and 40.00% of the shares of Luster at a price of 50.00 million ringgits.

Not only that, the Tesla Group has also obtained the most important management rights.Proton's largest shareholder, Malaysia's state investment agency, National Holdings, only enjoys dividend rights.

In the future, unless Proton suffers losses for three consecutive years, the Malaysian side may regain control.

There is a strict agreement here, and Longteng Group will naturally do the best.To put it simply, in the future, Proton under the management of Longteng Group may lose its controlling interest unless it suffers huge losses for three consecutive years.

For the Longteng Group, if the future really goes any further.Then the brand is probably meaningless.

Proton Group is a national brand of Malaysia, the largest automobile company in Malaysia, and the only mature vehicle manufacturer in Southeast Asia.

But this glory cannot bring profits, and Proton Group has been losing money for many years.Because the entire Southeast Asian market is dominated by Japanese cars.

The strength of Proton is compared with the technology of Japanese cars.The difference is too much. For this brand, Ma Fang is very emotional.So this time they made a concession, gave up the management rights and so many shares.

It's all about technology, Tesla's electric car technology.Because Tesla promised that Proton will also use it in future shell-changing cars.

Simply put, the position of Proton is the same as that of Hongqi.The future will be Tesla's shell-changing car.

For Longteng Group, the acquisition of Proton is an important step in the automotive industry.After the acquisition of Proton, Proton can be used as a springboard to push electric vehicles to Southeast Asia.

Traditional fuel vehicles cannot compete with Japanese cars, but in the field of electric vehicles, no one dares to challenge Tesla, even Japanese cars.

However, all countries in Southeast Asia are right-hand drive vehicles, so Tesla’s shell-changing vehicles still need to make some changes. After all, the country uses left-hand drive.

With Malaysia as the fulcrum, the target is the entire ASEAN countries.This is the plan of Longteng Group.In terms of physical manufacturing, the electric vehicle industry is what they are best at.

Acquired Proton, and completed the replacement car for production in Malaysia.For Malaysia, this will not only turn Proton into a profit, but also increase employment and allow them to learn advanced technology.

This is the same as domestic joint venture brands, and the idea is the same.The Huaxia Automobile joint venture also took this route back then.

This news has aroused heated discussions in China, and it has also made major car companies around the world nervous.Especially Japanese car companies, they did not expect Longteng Group to extend its hand abroad so soon, and directly extend to the Southeast Asian market they control.

(End of this chapter)