Reborn Tycoon Rise

Chapter 318 Another purpose

"5%." After hearing this, Bao Fuda breathed a sigh of relief. This ratio requirement is not high. After all, the loan is several billion Hong Kong dollars, and the value of 5% of Land's shares is less than 500 million Hong Kong dollars. This ratio also affects Not to mention that he has full confidence in the Miramar Hotel project, which has already completed mutual control.

Xu Zhi smiled and said: "Jianing Group also needs to provide stocks of the same value, or unmortgaged fixed assets, but I have one more request!"

Chen Songqing asked: "What's the request?"

Xu Zhi said: "I hope that Land and Goodwill can mutually guarantee each other's debts in this loan."

"Mutual guarantee?" Chen Songqing's expression changed after hearing this, but he didn't say anything more.

After hearing this, Bao Fuda frowned and said, "We have provided enough collateral, is Xu Sheng still worried?"

Xu Zhi said with a smile: "Stock mortgages naturally have certain risks. Land's stock price has risen a lot in the past two years. I don't want my company to make the same mistake as the milk company."

In 1974, Land Corporation deliberately raised its own stock price in order to acquire a dairy company with a large land reserve. After exchanging shares for shares to acquire the dairy company, Land's stock price returned to normal, which defrauded countless ordinary shareholders.

Bao Fuda looked very unhappy and said in a deep voice: "I can't decide this now."

Chen Songqing also said: "I also need to reconsider."

Xu Zhi smiled and said: "No problem, but there are many real estate companies contacting our bank during this period. You also know that the funds available to Bank of East Asia are not too much, so I hope you two can make a decision as soon as possible."

Chen Songqing asked: "Xu Sheng, if one of us doesn't agree to mutual guarantee, I wonder if this loan can still be approved?"

"Then we can only look forward to the next cooperation." Xu Zhi said with a smile, asking Land and Jia Ning to guarantee each other, just so that when Jia Ning goes bankrupt in the future, this debt can be pressed on Land, otherwise the money You must not borrow, otherwise it will be your own bank that will die.

If Land agrees to guarantee now, and after Carining goes bankrupt, it will suddenly have more than one billion debts that originally belonged to Carinth. Even if Landmark has completed mutual control, it will still have to shed a layer of skin.

"Okay, we will give Xu Sheng a reply in a few days." Chen Songqing and Bao Fuda looked at each other and said.

"I hope we can cooperate as soon as possible!" Xu Zhi nodded and said. In fact, he was not very worried that the two people would not agree. Many real estate companies in Xiangjiang will form consortiums when acquiring land, and some of them also need to guarantee each other when lending money. This is One of the important conditions for banks to lend with confidence.

It's just that this situation often occurs in some small companies, but less so in large companies such as Land and Jianing. However, Xu Zhi also showed his sincerity. With a commercial interest rate of 13%, in 1981, it was absolutely impossible to find a lower one.

Land has begun to change its investment strategy after the acquisition of Yizhi Mutual Control. It has invested heavily in the real estate industry in Xiangjiang. It is obvious that it is very confident in the future of Xiangjiang. In Bao Fuda's eyes, the Miramar Hotel project is bound to make a lot of money. As long as the project can make money, everything will be profitable. There is no risk in the mortgage. Moreover, even if you lose money, as long as you take out the money to repay the debt, any mortgage can be recovered.

Not to mention Jianing, it is a complete and shocking scam. As long as you have money, you can pledge anything. Signing a guarantee agreement is just like playing games.

After the dinner, Bao Fuda and Chen Songqing were not in a hurry to leave. Instead, they went to a gym on the 16th floor of the hotel with Xu Zhi.

After running on the treadmill for a few minutes, Chen Songqing turned off the machine while sweating profusely, walked off, picked up the mineral water prepared by the waiter next to him, and drank it all.

"As we get older, we can no longer run. We can't compare to Xu Sheng!" Chen Songqing said with a smile.

Xu Zhi smiled and said: "Chen Sheng is only forty years old, which is the golden age for men. He is probably too busy and has little time to exercise. As long as he trains every day, his physical fitness can be improved."

"Haha, I'm only interested in making money now, I'll talk about other things later." Chen Songqing smiled, looked around again, and sighed: "I really envy Xu Sheng. After acquiring Hutchison Whampoa Company, I got With so many industries, the location of this Hilton Hotel is the envy of countless people.”

"The scale of Jianing Group is not small now. I think it will only be a matter of time before it surpasses Hutchison Whampoa." Xu Zhi said with a smile.

Although Hutchison Whampoa is one of the four major foreign companies, it currently only specializes in a few core areas of its own. However, Carnegie Group is completely different. It acquires various companies everywhere. The Hong Kong Economic Times' financial edition once publicly ridiculed Carnea Group for being like a decade-old company. Married women who don't go to supermarkets buy whatever they come across with huge shopping carts, completely regardless of whether they can digest it. They only look at the scale. It's not a problem for Carnegie to surpass Hutchison and even Jardine.

Chen Songqing said: "Xu Sheng, just at the banquet, I suddenly thought of another business. I wonder if Carnegie and Land can acquire the Hilton Hotel property?"

"You want to buy Hilton Hotel?" Xu Zhi was also shocked. Now he suddenly understood why these two people took the initiative to ask for a loan from him and also made an appointment here. The loan was just an excuse. The real purpose was for Hilton. hotel.

Chen Songqing nodded and said: "Yes, Xu Sheng, although the Miramar Hotel is larger than the Hilton, it is far inferior in terms of location. Even the Miramar can be sold for more than 2 billion Hong Kong dollars, and the Hilton Hotel must be far more than this." Numbers, isn’t Xu Sheng not moved at all?”

"It's my asset in the first place, what's so exciting about it?" Xu Zhi shook his head and said.

"You can't say that. As far as I know, Hilton Hotel Group has signed a 50-year operating contract with Hutchison Whampoa. That means that under normal circumstances, Hutchison will have to wait another 30 years if it wants to actually buy this hotel. So, For a long time, I don’t think even Xu Sheng’s age can wait!” Chen Songqing said with a smile: “Why don’t we join forces to terminate the contract with Hilton Hotel Group first, and then demolish the hotel. According to the location and area of ​​the hotel, The size is enough to build a building that is taller than Hopewell Center and become the tallest building in Hong Kong. By then, whether you own it yourself or sell it off the plan, it will be much better than a hotel."

Bao Fuda had also walked over at this time and was listening to the plan without any change in his expression. It was obvious that he had known about this for a long time.

"A good idea. According to the current housing prices, this project can indeed make money." Xu Zhi smiled and asked: "But why does Chen Sheng think that I will give up such a good project?"

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