Reborn Tycoon Rise

Chapter 141 Jingzhou Yingni Acquisition Battle (8)

"Build all industrial office buildings?" Li Jiacheng shook his head and said, "Xu Sheng, this method won't work!"

Xu Zhi asked: "Why?"

Xu Zhi remembers that before the real estate crisis in 1982, industrial office buildings had been very popular. Although it could not compare with the residential market, if it was done well, the profits would not be low.

Li Jiacheng said: "First of all, the land area of ​​Yingzhou Yingni in Hung Hom is too large. If all industrial office buildings are built, even if the floor area ratio is only 2-3, the built area will be as high as 2 million square feet. With so many industrial office buildings together If it affects the entire market, I'm afraid prices will fall instead.

Although industrial office buildings are currently relatively popular in Xiangjiang, they are far behind compared with commercial and residential demand. If the more than 2 million square feet is commercial or residential, it doesn't matter, but industrial office buildings are not.

Second, industrial rents in Hung Hom are high because commerce here is becoming more and more developed, but there are few industrial office buildings. The Hong Kong government originally planned to move industry to the New Territories. If you want to turn all this land into industrial office buildings, then the Hong Kong government It is impossible for the border examination and approval office to agree. "

Xu Zhi also understood and said: "Then we can use the second method. Hung Hom has a good geographical location. If it can be built as a business, it will definitely attract countless capital. What I mean is to start with some other real estate developers. After collecting funds and making up the price difference, the land will be converted into commercial land, and then part of the land will be allocated to these real estate developers as agreed in advance.

The advantage of this is that we don’t need to raise so much money. For another 800,000 square feet of land, even if we pay the price difference alone, we can’t afford so much money for subsequent development. This way we can kill two birds with one stone! "

Li Jiacheng thought for a while and said: "Xu Sheng, your method is indeed feasible, but our profits will be reduced a lot. Moreover, with so many real estate businessmen buying scattered land, if a good business plan cannot be formed, , I'm afraid we won't get the best results. It's better to wait a few more years. We can develop it independently, and the profits will inevitably be more. Xu Sheng is less than 20 this year. Even an old man like me can wait a few years. Can't Xu Sheng still not do it? "

Xu Zhi smiled and said: "Li Sheng, your Yangtze River Industrial has tens of millions of square feet of land reserves. I intend to enter the real estate industry. I can't just wait for a piece of land to appreciate! If Li Sheng is really unwilling to develop it now , how about we negotiate a price and I buy the land entirely, or I buy Li Sheng’s shares at a premium now, and when the Qingzhou Yingni Company acquires it, I will transfer the cement plant to you, how about that?”

"This..." Li Jiacheng hesitated!

"Let you pretend that you can't do it for the land!" Xu Zhi was very happy when he saw Li Jiacheng was speechless. Li Jiacheng might really want to buy the cement factory, but if he didn't do it for the land, even pigs could buy it. Tree!

"Li Sheng?" Xu Zhi reminded friendly.

"Oh, I'm sorry..." Li Jiacheng realized that he had indeed encountered an embarrassing moment. He had actually been coveting the land in Yingni, Qingzhou for a long time, but he had been busy with the Wharf business some time ago, and it was finally over. , but met Xu Zhi, a new rich man, who took action in advance!

In his mind, he had already thought about how to develop this piece of land, but the current situation is that the other party holds the major shares, and the purpose is this huge piece of land.

If they don't cooperate, everyone will probably break up. Although he can go back and continue to cooperate with the Kane family, his original intention is to develop this land by himself!

As long as Xu Zhi agrees not to develop it for the time being, he is sure to completely annex this land in the future, but now it seems that the other party wants to develop it immediately!

Xu Zhi smiled and said: "Well, Li Sheng, I have one last way. This piece of land is 800,000 square feet. If we can't agree on how to develop it, then we can just divide the land into two. Everyone Everyone is responsible for their own work, and you can develop it however you want, okay?"

"That's okay!" Li Jiacheng frowned and said, "But how are we going to divide this land?"

"I am six and you are four!" Xu Zhi said: "I am the major shareholder in this acquisition, so I only want 10% more, which is not too much!"

Li Jiacheng smiled and said: "Xu Sheng, whether this matter can be successful or not does not depend on who has more shares. This operation cannot be done without anyone. I think it is more fair for one person to take half."

Xu Zhidao: "Li Sheng, your Yangtze River Industry owns more than 10 million square feet of land. Do you care about this 10% share? What's more, everything is first come, first served. I initiated the acquisition first."

Li Jiacheng smiled and said: "Okay, let's follow Xu Sheng. This is the first time we cooperate, and we will make Xu Sheng a friend!"

Xu Zhi smiled and said, "Then I will act as planned tomorrow!"

The next morning:

The stock market has just opened, and Duoli sent out a message. Evergrande Group entrusted it as a securities dealer to acquire the shares of Qingzhou Yingni at a premium of 60%. This acquisition is a limited acquisition. Once the acquisition target is reached, it will be stopped immediately!

When the news came out, the already silent stock market immediately became popular, and the stock price of Qingzhou Yingni skyrocketed instantly.

Many stock commentators were quite embarrassed. Just yesterday, they continued to advocate on the TV station that the acquisition was over, and Xu Zhi, the new rich man, was completely defeated.

But the slap in the face came quickly, and it was still very loud!

In the office of President Yingni of Qingzhou:

William Kane is the fourth generation head of Yingzhou Yingni. His family has broken the traditional saying that Chinese people can only be rich for three generations. The trick is to stick to their own business and not invest in industries in which they are not professional!

Although somewhat conservative, the company has been developing well.

However, it is not the fault of ordinary people, but it is the crime of cherishing jade.

The huge land bank owned by the cement factory still attracted attention, but after many years of operation, the company has lost its complete controlling interest in the company.

Looking at the newspaper in his hand, William asked the assistant beside him: "Have you contacted Standard Chartered and Kowloon Bank? When will their funds arrive?"

Because it is facing a hostile takeover by external capital, although it has increased its shareholding voting rights to 38% through capital operations, it is not absolutely safe in Xiangjiang without 49.9% of the shares in hand.

Therefore, for safety reasons, the Kane family decided to use all of its shares in Jingzhou Yingni as collateral and borrow enough cash from Standard Chartered to prepare to increase its shares to the safety line of 49.9%.

"Standard Chartered has received a message back. If you want to get the money today, the interest must be increased by another 3 points!" the assistant said without confidence.

"Damn it!" William slapped the table angrily, with a ferocious expression on his face, but after the meeting, he still said angrily: "Promise them."

If it weren't for the threat to his own industry, how could he be willing to accept such a thing? In fact, when Evergrande first proposed the acquisition, he contacted several major British companies and banks, including Swire and Jardine, but Jardine While busy with Wharf, Swire took the opportunity to propose the acquisition of land in Hung Hom.

The only one that didn't make any excessive demands was the Chinese-owned enterprise Cheung Kong Holdings, and Li Jiacheng only asked to develop the land together!

However, William certainly did not believe the other party, but urgently needed funds to maintain the family's control of the company. After Li Jiacheng accepted a series of conditions, William agreed to the other party's investment.

Originally, using the other party's funds, I had obtained close to 40% of the equity. Under normal circumstances, the acquirer should give up because even if there is a chance, it will cost the acquirer a greater price. !

However, as a man obsessed with industry, William never imagined how big a piece of fat the old site of his cement factory would be.

Xu Zhi naturally knew that the Hung Hom Crane Garden developed by Li Jiacheng in later generations used this land. When it was launched in the 1990s, the price was as high as HK$4,000-6,000 per square foot, and the total real estate market value was close to HK$10 billion.

So now, no matter what the price is, I am determined to get this land!

The company has been too busy in the past few days, so I will update it temporarily.

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