We are all reborn, who wants to be the richest man?

Chapter 100: Season of Harvest (Page 12)

In December, the Hong Kong government finally discovered the problems mentioned by Luo Nianzhong after conducting in-depth investigations into light industrial enterprises.

Although the current situation is not very serious, the profits of enterprises have dropped visibly, and preparations must be made for a rainy day.

Through this investigation, the Hong Kong government discovered that a group of business owners have become interested in rabbits.

Especially the cheap labor there makes these business owners who want to move their factories there eager to try.

What is lacking now is just an opportunity, or a forerunner.

Hong Kong Governor MacLehose invited Luo Nianzhong to visit the Hong Kong government three times within a week. In addition to learning about the current situation and difficulties of Far East Group, he also learned about the development and prospects of semiconductor, computer and other industries.

On December 12, the Hong Kong government issued the "Strengthening Subsidy Policy for Semiconductors and High-tech Technologies."

This policy, which was originally unknown in history and was later known as the Far East Recommendation in the world, aroused discussion as soon as it was released.

It is mentioned in it that the taxes of semiconductor and high-tech companies will be exempted and halved, and the land of such companies will be subject to a low-price policy (the land area is linked to revenue).

In order to prevent real estate developers from taking the opportunity to speculate on land, the land of such enterprises can only be used by themselves, and commercial use requires huge land exchange fees.

Hong Kong Polytechnic was upgraded to Hong Kong Polytechnic University to enhance teaching staff and cultivate science talents.

The Hong Kong government and Far East Land jointly developed a technology startup park in Shatin District, north of the Far East headquarters, and rented it to semiconductor and high-tech startup companies at low prices.

This area was also chosen for the construction of a new Shatin town. It is hoped that more people will move here through this science and technology innovation park.

This series of policies can be said to have shocked the entire Southeast Asia, and soon some thoughtful turtles and relevant people from other countries came to consult.

In addition to these reforms, Luo Nianzhong also made a gentleman's agreement with MacLehose.

Luo Nianzhong promised that the Far East Group would not be involved in tax haven countries. The Hong Kong government promised that all the taxes collected by the Far East Group would be used for land reclamation. 7% of the land obtained would be auctioned and 3% would be owned by the Far East Group.

As for the specific reclamation location, it is up to both parties to negotiate together. Isn’t the land on Hong Kong Island scarce? Taking advantage of the fact that there are not so many environmental protection organizations at this time, let’s expand the land area first.

This agreement is acceptable to both parties.

According to normal policies, a company carries out reclamation and land reclamation, and the company bears all costs, and the land received fluctuates between 50 and 50.

Luo Nianzhong could accept it because he didn't spend a penny. As for the extra tax revenue, he felt that Hong Kong Island could develop better, and the people who would benefit the most were not the British and the Hong Kong government, but him and Rabbit.

The Hong Kong government can also accept that although it uses their tax money, if Far East Group, like other companies, takes its registered address to a tax haven, they will lose a lot of tax revenue.

Although Hong Kong Island’s taxes are not high, there are now a lot of policies to support this type of industry.

However, the Hong Kong government is overjoyed when thinking about Far East Group's huge revenue capabilities.

Ten days later, on Christmas Eve, due to the toughness and public relations of the Fuji Foundation, and Luo Nianzhong "leaking the situation of RYPC-10 to the Fuji Foundation" through Hitachi, the Fuji Foundation and the Japanese government were close to death.

In the end, the island country's government made concessions, and the Far East Group finally signed contracts with five companies of the Fuji Consortium.

The specific signing details are as follows.

Far East Group invested US$14 billion to acquire 24% of Nissan's shares and became its major shareholder.

Far East Group invested US$16 billion to acquire 28.5% of Hitachi's equity and became its major shareholder.

Far East Group invested US$8 million to acquire 26.7% of Canon's shares and became its major shareholder.

Far East Group invested US$5.5 million to acquire 24.5% of Marubeni's shares and became its major shareholder.

Far East Group invested US$4.7 million to acquire 22.3% of Fuji TV's shares and became its major shareholder.

Because it is a TV station, it also has the largest premium among the companies that cooperated this time.

The Far East Group’s total investment this time was US$48.2 billion, plus Ajinomoto’s US$7.1 million, for a total cost of US$55.3 billion.

Even though it cost a lot of money, Luo Nianzhong knew that this was definitely a great deal.

Luo Nianzhong ignored the concerns of the Fuji Consortium.

The Fuji Group reduced the shareholding proportions of each company on the grounds that the government intervened and these companies could not become foreign companies. Luo Nianzhong knew all about this.

Although the Far East Group is nominally the major shareholder of these companies, privately, the combined shares of these families and Fuji Bank are 5% to 10% more than the shares of the Far East Group.

As long as he is wary of the stock price, it will be difficult for Luo Nianzhong to attract more shares in the stock market.

Not to mention that Luo Nianzhong does not have this intention, even with him it is difficult to do it. It is no problem to acquire about 1% to 2% of the stock. If he wants to acquire more, it is basically impossible to hide it from the people who dominate the island country's financial industry. Fuji Foundation.

In other words, if Luo Nianzhong can lead everyone to make a fortune, then of course it is good for you and me and good for everyone.

If not, Far East Group will not only be sidelined, but may even be kicked out.

Don't think that they can't do it. If they really do it at all costs, they can still do it with the cooperation of the island country's officials.

For example, if the policy is formulated so that foreign capital cannot account for more than 20% or even less of the stocks of enterprises in accordance with the relevant regulations of the country, the Far East Group can only choose to sell the stocks in its hands.

However, it is not a last resort, and the government of island countries will basically not do so. This will seriously damage the investment environment of the country and the credibility of the government.

After all, they are not a beautiful country. They don't have a father to look after them, and they can deceive others as much as they want.

In addition to the shareholding ratio being less than their combined total, there is another point that shows that Far East Group cannot fully control the companies it acquires, and that is the board of directors.

In addition to Ajinomoto's absolute control, the Far East Group holds basically 20% of the board seats of several other companies.

It is Canon, which holds 36.7% of the shares, and the Far East Group only occupies three of its 13 board seats.

Luo Nianzhong didn't say anything about this. Making money is secondary to investing in these companies. The main purpose is to find an entry point into the island country's economy in order to control its own economy in the future.

Like South Korea, the island nation's businesses are now xenophobic.

Luo Nianzhong occupies the best position first. When the disappearing twenty years come, he will run faster than everyone else.

The final result is just like the beautiful country controlling the South Korean economy and becoming one of the island country's largest chaebols.

In addition to these gains, Luo Nianzhong also paid a lot.

The first is the ten-year loan term for Far East Group to borrow US$100 billion from Fuji Bank with normal interest.

The Fuji Foundation needs someone to help it consume such a large amount of debt. Now that the global economy is basically in a downward trend, is there any better customer than the Far East Group?

With this loan of US$100 billion, it can be said that Fuji Bank's lending tasks for the next three to five years have been completed.

Then there is the newly established Honor Computer Company. Luo Nianzhong promised to let the Fuji Foundation get no less than 15% of the shares, but not now.

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