Hong Kong's new giants

Chapter 352 [Felix Du Port]

Lin Zuhui's determination to enter the field of traditional Chinese medicine will not ignore the actual situation, nor will he be eager for success; he believes that this is a long-term investment, and he must do a long-term battle for 10 or even 20 years.

Therefore, at the beginning, he only asked New Times Group to set up a subsidiary of 'Times Medicine' to recruit talents and investigate the market. This was the job in 1990.

As for the slogan of "Chinese medicine port", he did not immediately put it forward.When the Hong Kong government is preparing to crack down on real estate in the future, he will bring it up again to transfer the pressure on himself.

The so-called "Chinese medicine port" is to allow a large number of Chinese patent medicines to be exported batch by batch through the frontier of Hong Kong, and become the main port for dumping to the European and American pharmaceutical markets, thereby changing the "Japanese take Chinese medicinal materials, Re-sell to the world and the Mainland' phenomenon.In the previous life, the Chinese medicine market in the world was as high as 300 billion U.S. dollars, while China only had a 5-8% share, and the rest was taken up by Japan and South Korea.

However, he still doesn't know much about this industry at the moment, so we'd better wait for the experts to report after the establishment of Times Medicine!
On Saturday, Lin Zuhui invited Dong Jianhua to play golf at the Clear Water Bay Golf Course.

Talking about business while making waves makes it easier for people to feel relaxed, just like a Japanese businessman coming to Hong Kong, it is easier to talk about business when you entertain him to make waves.

Before the kick-off, Dong Jianhua said with a smile: "I heard that Lin Sheng is a master of Tron, it seems that I will do my best today!"

Lin Zuhui tried the cue to feel the fit, and said: "Young and strong, you have an advantage! Dong Sheng, do you want to play a good game?"

If you have a lot of money, you will have energy.It's rare for rich people to play tricks among the rich, and ordinary people know it well, but they will definitely not be caught. After all, it's just talk, and the evidence from there will be given to others.

Dong Jianhua said enthusiastically: "Then it's 5 a shot! I heard that you are a master, so I'll be more conservative!"

Lin Zuhui nodded, and then prepared a little bit!
He is not guaranteed to win. After all, being young does not necessarily mean having good skills. Skills are still the most important thing.

Lin Zuhui's mind wasn't all about hitting waves, and when he hit the seventh hole, he took the initiative to chat about business.

"Dong Sheng, how much equity does OOCL own in the British port of Philisto?"

Dong Jianhua suddenly realized that it was no wonder that this young man asked himself to play waves, so he had his eyes on the largest and busiest port in the UK (at that time).

"We hold 20% of the shares, 55% of the shares are in the hands of the British Railway Shipping Company, and the rest of the shares are scattered in the hands of many companies. Lin Sheng, do you intend to enter overseas container terminals?"

Lin Zuhui nodded, and said calmly: "New Times Group has sufficient funds, so it plans to conduct diversified operations."

Sufficient?How did I hear that I was the 'Debt King', Dong Jianhua thought to himself.

However, the "debt king" of New Times Group has not been abandoned by investors in Xiangjiang. After all, he has developed rapidly and has a very high net worth.

Dong Jianhua said: "Sheng Lin, the container terminals in the UK are not as busy as the Kwai Chung container terminals in Hong Kong. First of all, the business is not as busy as Kwai Chung, and secondly, the charges are also subject to multi-party control. As far as the current level is concerned, the annual return rate of the Port of Felix Doo Can't compare with Xiangjiang!"

First, he was a little reluctant to sell, and second, he didn't want to cheat Lin Zuhui, so he said it very bluntly.

Lin Zuhui nodded and said seriously: "We intend to invest in Felix Dou Port, the most important step is to enter the European container terminal industry, which is of great significance. As for the rate of return, I believe 8% is still available." !"

Dong Jianhua shook his head and said, "The European and American economies have not been good in the past two years, and the return rate of that project is almost 7%!"

It’s ok, when shipping resumes in the 90s, the rate of return can rise by more than 10%.The important thing is that it is of great significance, which symbolizes that Lin Zuhui has stepped into the container industry in Europe more than Li Chaoren.

However, looking at Dong Jianhua's intentions, he still doesn't want to sell. Could it be that the relationship between the two is not as good as that between him and Li Chaoren, so it's so difficult.You know, he sold his shares to Li Chaoren in his previous life, probably next year.

Therefore, Lin Zuhui felt that the benefits were exchanged, and said: "Dong Sheng, since September [-] is approaching, you must have an idea! Personally, I am very willing to support you!"

Dong Jianhua was shocked, and was immediately overjoyed.As a media and communication tycoon, this young man is also a business tycoon, with top-level influence and financial resources in Hong Kong. With his support, not to mention other things, Hong Kong's economy will be smoother in the future.

"Okay, my shares can be sold to you!"

"Thank you, Dong Sheng, for being complete!"

"You're welcome, my small share actually won't affect your plans, as long as you take over the shares of British Railways, you will be a major shareholder!"

"I can't say that, but thank you anyway!"

In the golf game that day, Lin Zuhui lost 30 Hong Kong dollars. It was because he was not skilled enough, and he didn't need to play fake waves!
With Dong Jianhua's support, Lin Zuhui didn't think he could win Port Felice du Port smoothly;

In fact, this port is not worth much. Lin Zuhui seems to remember that in his previous life, Li Cucumber only spent 1991 billion Hong Kong dollars in 11 to get 75% of the shares.

But he had to consider some ZZ factors. After all, Felix Doo Port is the number one port in the UK. Last year, it handled 140 million TEUs and 1550 million tons of cargo, and received 350 million passengers.The port has considerable ro-ro and breakbulk handling facilities and warehouse equipment, and has a berth for ocean-going tankers.

Hutchison Whampoa can get it because Hutchison Whampoa has a large proportion of British capital.

Therefore, Asian containers must also join British capital to be competitive.The important thing is that when the No. 9 Kwai Chung Container Terminal and Riverside Terminal were tendered, Hong Kong's economy had already recovered (the mainland was re-opened), so the British capital must also be eyeing this cake. Will the Hong Kong government be partial?

It is not known, but Lin Zuhui decided to let Jardine join the Asian container.

In fact, the former Jardine did join the Asian container led by Zheng Yutong.

Lin Zuhui's idea is to persuade several companies that own 14% to sell their shares to Jardine Matheson.If it doesn't work, you can only raise funds and dilute everyone's shares.

He is not worried about the reduction of New Times Group's shareholding in Asian containers. In the future, it will invest in overseas and mainland container terminals, and there will be opportunities to increase its shareholding.

Lin Zuhui took the initiative to find Simon Keswick again, which made the head of Jardine He love and hate. Jardine evacuated smoothly.

However, now that Hongkong Land has no assets to sell, the only remaining property is No. 9 Queen's Road, Central District, but Hongkong Land obviously does not want to 'sell cheap'.

No. 9 Queen's Road is 38 stories high and has a floor area of ​​35.8 square feet. The important thing is that the location and construction are not of high quality.However, the current office buildings are sluggish. Even if Lin Zuhui pays a [-]-[-]% premium, Landmark still thinks it is not worth it.

Simon Keswick jokingly said, "It's both New Times Group and Lin Sheng who made a lot of money by buying real estate at the bottom this time. It seems that you are very keen on this kind of investment that goes against the market!"

Lin Zuhui said modestly: "It's just a little profit, which is not directly proportional to the risk. After all, the office buildings and shopping malls in Xiangjiang have not yet recovered due to the turmoil. I don't know when they will rise again! But Mr. Ximen, don't worry, this time I’m not here to buy property, but to attract your investment!”

Simon suddenly felt very curious, and immediately asked, "What investment?"

Lin Zuhui said: "As far as I know, Jardine was also an investor in Kwai Chung Container Terminal back then, but it was just the charter king who won the love and lost the business. But anyway, I believe the Keswick family is still optimistic about it. Is it Kwai Chung Container Terminal?"

Thinking of the disastrous defeat that year, Simon Keswick showed a heartbroken expression on his face, but when Lin Zuhui mentioned cooperation and Kwai Chung Pier, he immediately became excited.

"Mr. Lin doesn't mean he wants to sell 25% of the shares of Modern Containers to us, does he?" After asking, Ximen showed a hint of surprise.

Lin Zuhui suddenly said bitterly: "If that's the case, how can I gain a foothold in the Chinese business circle!"

Simon Keswick immediately realized, how could he do such an offending thing for Jardine!

"What kind of cooperation is that? Could it be to join the Asian container?" Simon Keswick seems to be quite interested in the container industry.

Lin Zuhui nodded and said, "If Mr. Ximen is interested, he can join Asia Containers and get about 15% of the shares. I am willing to act as an intermediary for you."

The current valuation of Asia Container is in the range of 80 billion to 100 billion. If Jardine chooses to join, Lin Zuhui will persuade other allies to sell 15% of the shares to them.

Simon Keswick is not stupid. There must be a price to pay for this door-to-door business.The first thing he thought of was that Lin Zuhui pulled Jardine in for future competition for the No. [-] Kwai Chung container.

"Mr. Lin, isn't 15% of the shares a bit small, even three shareholders!" Simon Keswick said relaxedly.

Jardine did not choose to participate in Container Terminal [-], but it does not mean that Jardine was not optimistic about this industry, but that Jardine was too busy to take care of itself at the time; now that someone is coming to win over Jardine, it is natural to call for more bargaining chips.

Lin Zuhui said with a smile: "Mr. Ximen, having more shares is not necessarily a good thing! I am already preparing to acquire overseas container terminals, and Asia Containers is committed to developing a global container company. Whoever wants to inject capital in the future will only be diluted one way." So, if you are really optimistic about this industry, you don’t have to worry about the lack of equity right now, but you will have opportunities to increase your holdings in the future!”

Such great ambition, Simon Keswick was shocked.People outside are saying that Lin Zuhui is a real stock god who has made a lot of money in foreign exchange, overseas securities investment, and gold; otherwise, he would have inexhaustible cash from him personally.

Now it seems that this person's wealth is probably far higher than everyone imagined.At least in the past few years, no fortune has desperately used its own money to finance the company, even Li Chaoren did not do so.

"I agree with this cooperation, because we are also optimistic about the container terminal industry!"

Lin Zuhui nodded, and the two started chatting.

During the period, Lin Zuhui still couldn't help asking: "Is No. [-] Zhongqu Avenue for sale?"

Simon Keswick smiled wryly, and knew that this guy was staring at Landmark, luckily he didn't ask about the other seven buildings in the Central District, otherwise he would be a little angry.

"If you don't sell it, the real estate market is not good now, so we have to consider the loss!"

"If that's the case, I'll pay a 30% premium, then I'll use the total price of 8250 billion, and the unit price of [-] yuan!"

Simon Keswick was taken aback for a moment, is this person a fool?But it's impossible, because the properties he bought from Hongkong Land have already made money.

"We need to think about it. If we are interested later, please contact us again!"

"It doesn't matter. In fact, the New Era Group has no money now. I plan to ask at the end of the year, but today is the right time to ask."

It can be seen that Simon Keswick has already been tempted!
Lin Zuhui doesn't care, if it is paid at the end of the year, 30 billion to 32 billion is acceptable.You know, in the previous life, this building was sold for a sky-high price of 1992 billion Hong Kong dollars after the spring of 38.

He bought it in advance, not because he wanted to miss out, but to start in advance. With 30 billion funds, the bank loan interest for one and a half years is more than 4 million, which is still very cost-effective.

The building will be ready for delivery in December next year, and it can still earn some rent.

Lin Zuhui now plans to hold [-]% of the equity in these buildings by Hengjin Real Estate. In this way, it can reduce the debt of New Times Group and increase the interests of the Lin family.

This time, the equity of Asia Containers changed again. Lin Zuhui negotiated with many parties. It doesn't matter if the minority shareholders don't sell it, and he will not force others.

He just stated a few points:
First, Asian containers are going to invest in the Port of Philisto in the UK, the first step to enter the European container terminal, which means that everyone has to pay for capital injection (partial loan);

Second, as for the global development layout of Asian containers, there will be no return on long-term investment, and follow-up capital injection is required;
In the end, after various communications, the minority shareholders chose to make a profit and get out, because the investment was too large and it was a long-term investment.

资产重组后的‘亚洲货柜’,新时代集团占股28%、新世界占股26%、海陆货柜联运占股21%(全美资)、怡和占股15%、恒基占股10%。

After signing the contract, everyone came to the conference room.

Everyone is very willing to Lin Zuhui's proposal to acquire Felix Du Port. At this time, foreign investment in Asian containers has accounted for 36%, which can be regarded as having a certain degree of competitiveness in Europe and the United States.

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