The rise of Hong Kong's wealthy families

Thursday, September 13

Li Shengluo suddenly came to Huamei Real Estate Company to meet with He Jiahao, with an excited look on his face, and it seemed that he could not suppress his emotions due to what he wanted to talk about.

He Jiahao personally brought him a cup of tea and said with a smile, "Li Sheng has encountered some big happy event. He has been excited until now. Could it be that Li Sheng is getting married?"

Among the four major joyous events in life, marriage accounts for one.

These words made the serious Li Shengluo stunned, then shook his head and said, "He Sheng misunderstood, the real estate market is hot now, I plan to list the low-profit real estate company, what do you think?"

It turned out that he was preparing to go public, completely get rid of "blackness" and become a clean person.

No wonder I am so happy, my life is about to embark on a bright road.

He Jiahao asked, "Is Li Sheng planning to go public through a backdoor scheme?"

It takes five years for a native company to go public. Weili Real Estate Company has only been established for less than two years and does not meet even the most basic conditions. Therefore, it can only go public through a backdoor listing. This is also the simplest way.

"Well, He Sheng, if it goes public, it will be good for you and me. Low-profit real estate can also take the opportunity to grow and develop, and we can get more assets." Li Shengluo was so happy that he almost grabbed He Jiahao's collar and shouted loudly Out.

"Okay, then which 'shell' does Li Sheng like? I'm better prepared." He Jiahao said calmly. He already owned several listed companies, so naturally he didn't feel anything.

"Yiren Real Estate Co., Ltd.! I have already had a preliminary understanding. The market value of this company is about 90 million, with a debt of 60 million, and a debt ratio of more than 60%. Moreover, the major shareholder of this company has already expressed the intention to sell 43.5% of its shares. Now it is a small profit. With more than 54 million in the real estate account, he can definitely take 43.5% of the shares and become the largest shareholder." Li Shengluo looked at He Jiahao with hope, hoping to get a positive answer.

He Jiahao thought for a while and said coldly, "If you want to take all the shares from the major shareholders, I don't agree with this plan. The reason is that the purpose of taking over Yiren Real Estate is to save the company, not just to acquire Yiren." If we want to buy real estate, we need to continue to inject capital, which will drag down low-profit real estate.”

Lee Sung-luo is not Ho Ka-ho and cannot earn a large amount of personal funds from the stock market and then transfer the funds to target companies through other channels.

If all the funds for Low Profit Real Estate are used up, Yiren Real Estate will be left half dead. Wouldn't it be like losing the watermelon and picking up the sesame seeds.

Although it has little impact on He Jiahao, he does not want to lose a profitable company.

Li Shengluo was doused with cold water and began to calm down. After a minute, he slowly understood what He Jiahao meant and said seriously, "He Sheng, do you mean to use another way to go public through a backdoor listing?"

"Yes." He Jiahao nodded, "We must first reach an agreement with the major shareholder to acquire a certain amount of shares from him at the market price, and then issue directional new shares to us. The price of the new shares will be a little lower than the market price, and we have to commit We raised the stock price and allowed previous shareholders to cash out. In the end, we spent the same amount of money to become the major shareholder. At the same time, Yiren Real Estate has a large amount of cash on its books, leaving us room to operate."

"Wonderful, as expected of He Sheng, spending the same money can achieve better results." Li Shengluo suddenly discovered the key, "Then why do we raise the stock price too high?"

He Jiahao pointed at himself proudly and said, "Just these three words He Jiahao."

Indeed, the acquisition of a large company like Hutchison Group at the age of 21 is a legend in itself. When the news is released, how could investors not follow suit?

"Hahaha! I'm talking nonsense. Okay, I'll go talk to the chairman of Yiren Real Estate Company right away."

He Jiahao thought of Wei Lisi, so he said to Li Shengluo, "These all involve securities. You can go to the Golden Gate Tower to find Asia Securities Co., Ltd. to assist in the listing of Weili Real Estate. Just say that I introduced you there."

"good!"

Li Shengluo came in a hurry and left in a hurry. It seemed that he was obsessed with the market.

He Jiahao felt that even if he vetoed the decision to list Weili Real Estate Company, Li Shengluo would do it secretly, and he would become a villain instead.

Soon, He Jiahao put this matter behind him. With the help of professionals like Wei Lisi, the listing of Weili Real Estate Company was a certainty, so he devoted himself to work.

Today, Huamei Real Estate Company is still developing its land parcels on a large scale, with the number being around 6. It has jointly developed 4 sites with Manulife Development and Hutchison Group, for a total of 10 sites. This has not yet reached the limit of Millennium Construction Company.

Huamei Real Estate Company has a land bank of more than 2 million square feet, most of which are located in the New Territories, and only a small part in Kowloon, Hong Kong Island. Because the land in Kowloon, Hong Kong Island is too expensive, the company cannot put all its funds on the land.

At the same time, Huamei Real Estate has invested RMB 200 million in industrial buildings and purchased 18 industrial buildings. According to the memory of his previous life, He Jiahao plans to sell all the industrial buildings in the first half of the next year, and the funds returned will be very generous.

As for the 1 billion loan, the rent of the International, Federal, and Kinmen buildings alone is enough to offset the interest generated. Moreover, profits earned from investments in the stock market, real estate, and fund-raising rights issues can be used to repay some of the loans, and even He Jiahao can be allowed to send cash to Huamei Real Estate through other channels.

Therefore, He Jiahao is not very worried that Huamei Real Estate Company will not be able to repay these loans.

Today, Huamei Real Estate Company owns many properties, such as a quarter of Lan Kwai Fong on Fei Nga Shan Road in Central (with two small commercial buildings), International Building, Federal Building, Golden Gate Building, City Building (First City Corporation's Land (under construction), entertainment building, etc., but the debt is more than one billion, which can be turned around completely.

However, after detailing these matters, he felt that Millennium Construction Company could no longer meet the needs of Huamei Real Estate Company, and Hutchison Group was about to be involved in the infrastructure industry, so he needed a more powerful construction company to join his consortium, so he called 'Shake' He gave birth to Chen Yong and gave them two high gifts.

Huo Jianning was so busy at Hutchison Group that He Jiahao didn't want him to be distracted. He Jiahao believed that Chen Yong and Gao Ci could do a good job in this kind of thing.

"Boss!" The two of them came in at the same time and greeted in unison.

"Sit down!" He Jiahao continued to immerse himself in the documents.

Liang Shan brought two cups of coffee and placed them in front of them.

Seeing Liang Shan go out, He Jiahao slowly said, "I called you here. I am planning to acquire another construction company. It is a company with the ability to build port terminals, tunnels and other infrastructure. Do you have any good recommendations?"

Hearing this, the two of them felt shocked. The boss was going to enter the infrastructure industry and the company was going to take it to the next level.

As a company executive, after receiving this kind of news, you will not be so stupid as not to buy more company stocks and wait for them to rise. This is a way to make a small fortune.

"How large a construction company does the boss want to acquire?" Gao Ci asked.

He Jiahao thought carefully. A company that is too big will spend a lot of money and the difficulty of acquisition will increase exponentially, which is not a good thing for the consortium. A company that is too small may not have enough experience even if it has a construction license.

He said, "Medium-sized."

"My suggestion is Qiangfu Construction Co., Ltd., which has a Class C construction license (can bid for unlimited projects), has participated in the construction of undersea tunnels, some bridges in the New Territories, and the construction of Kwai Chung Pier. It is a medium-sized construction company , It meets the boss's requirements very well." Gao Ci said with some joy, he put forward the suggestion faster than Chen Yong.