The rise of Hong Kong's wealthy families

Chapter 150 Yunzhimeng is listed on the market

Time flies by and it’s December in a blink of an eye.

In the past half month, He Jiahao's companies have been undergoing renovations and have not taken any action. He Jiahao has not been idle either. He has been carefully investigating and reviewing the operating conditions of his companies to prepare for the company's development plan. .

Relying on its own land development and property rental collection, Huamei Real Estate has repaid a lot of loans. Now it only has a debt of about 900 million, and the debt ratio has been reduced to 42%. Next year, it can start the next round of expansion.

Hutchison Group has completed the sale of the second batch of companies. Now it only has 47 companies left, including Taoda Food and Guang Sang Bank. Its debt has also dropped to 4.5 billion, and there is nearly 1 billion in cash on the account. This makes Ho Jiahao a little bit Contemplation.

It is business as usual at Towngas Company, not much has changed, and Ho Ka-ho is preparing to pay dividends.

Manulife Development is still a big debtor, and its profits are used to pay interest.

Yunzhimeng is a cash cow. Movies, theaters, magazines, comics and newspapers are all profitable industries. It is also the most profitable company owned by Ho Ka-ho. Together with American film companies, the annual profit exceeds 200 million.

Yunzhimeng has met the conditions for listing, and He Jiahao also plans to list Yunzhimeng and then raise funds through a rights issue to start the road to expansion.

Now He Jiahao is eyeing a real estate company called Anmin Real Estate and is preparing to acquire it and let Yunzhimeng go public through a backdoor listing.

He Jiahao sat on the leather chair and checked the situation of Anmin Real Estate Company.

Anmin Real Estate Company, a small real estate company with a market value of more than 40 million, mainly invests in some properties for rent collection. It is a typical rent collection company.

In the past two years, real estate has been booming. The asset value of Anmin Real Estate has increased. The situation is getting better and better. The company's profits have gradually increased. The net asset value is around 50 million. It is considered a well-run company.

Now the major shareholders are willing to sell and cash out to enjoy life. After all, people are old and their ambitions have disappeared.

What He Jiahao negotiated with the major shareholders of Anmin Real Estate was: to purchase 20% of its shares at a price of 11 million, with a premium of 20%; and then inject the movie and theater chain into Anmin Real Estate in the form of a replacement of 30 million new shares, and ultimately account for 20% of the shares. 65% of shares.

The securities company invited this time was naturally Wei Lisi's Asia Securities Company, which assisted the backdoor listing of some of Yunzhimeng's industries.

After taking over Anmin Real Estate, He Jiahao plans to sell most of his high-quality properties to Huamei Real Estate and keep some core properties. This can also pay off the debts of Anmin Real Estate. When the company has enough funds, he will also sell magazines, comics, newspapers Injected into Anmin Real Estate.

He Jiahao plans to leave all the next matters to Qin Haiming, with Lin Han and others assisting him.

"I have already discussed it with the major shareholders of Anmin Real Estate, and you need to follow up on the remaining matters." He Jiahao's personnel involved in this matter continued, "Asia Securities Company will assist us in the backdoor listing. This time, Director Qin (Qin Haiming) ) and Mr. Lin will be the protagonists, and Yunzhimeng will go public through a backdoor merger. When the time comes, we will allocate some stocks to you all."

The tram is one of the oldest means of transportation in Hong Kong. It runs between Shau Kei Wan and Kennedy Town in the northern part of Hong Kong Island, and there is also a circular branch line running between Happy Valley.

Now the MTR Corporation has planned to develop the Hong Kong Island Line, which seems to have the intention of replacing trams, which has caused some panic within the tram company.

In a previous life, the tram company conducted a survey in 1984. The results showed that most citizens were in favor of retaining trams, so the tram company did not close down.

Tram company executive meeting

Manulife Development Company has acquired the tram company. He Jiahao naturally sat in the front seat, glanced at all the senior management, and said, "This is the first high-level meeting since I joined the company. I don't know some people yet, but it doesn't matter. Anyway, there will be plenty of time in the future.

Recently, the MTR Corporation released a development plan to cover the entire Hong Kong Island. There was news that trams would be replaced and the tram company would close. We have not received any adverse news from the Hong Kong government for the time being. You don’t have to be afraid. Even if the trams If the company is closed, I can also arrange employment issues for the company's owners.

Some well-informed people already know my background information. I own Hutchison Group, Huamei Real Estate Company, media companies, clothing companies and other industries, so you don't need to worry. After the meeting, the company will issue an announcement. You must also do a good job for your colleagues and make sure they can work with peace of mind. "

"Yes!" All the senior executives responded in unison.

"The company's operations are very good, and all personnel structures will not change for the time being." He Jiahao continued, "The pay box was introduced in 1976, and now nearly half of the conductors have been eliminated. There was nothing going on before, but now some The employees used the subway incident to cause trouble. If a conflict occurs, the company will take the most severe measures and involve the police in the investigation. Those who deserve to be jailed will go to jail. There is no mercy at all, and the relevant person in charge of the company will also be severely punished. This is a punishment, so the company hopes that everyone can do their job well and don't cause unnecessary problems."

After the meeting, He Jiahao still called general manager Luo Ji, deputy general managers Zheng Yuan, Lin Cheng, and financial director Zhou Ping (who was transferred from Huamei Real Estate) to the office.

"Everyone, sit down!" He Jiahao asked them to sit down, and the secretary also brought four cups of tea.

"This year can be considered a troubled year. The company's management must not be lax, especially on safety issues." He Jiahao also sat down, "I don't expect much money from the tram, but it can't cause me trouble."

"Chairman, don't worry, we will manage the company well and not cause you any trouble." General Manager Luo Ji quickly expressed his position, and the two deputy general managers also agreed.

The boss is here, so he must have a good attitude, otherwise he should get out.

"There is another thing that is a company secret. I plan to relocate the repair shop on Shaodong Street. General Manager Luo will be responsible for the selection and negotiation of the new factory site. The specific plan can be worked out slowly."

Hearing this, the four of them were a little shocked. The Si Tung Street repair shop has tens of thousands of square feet, and the new repair shop can only be located next to the track from Shau Kei Wan to Kennedy Town. The available land is too limited. .

Even if they want to build a track leading to the new garage, the Hong Kong government will not agree.

"Chairman, the funds involved in this plan may be unbearable for the company." Logitech said worriedly.

The tram company's profitability is not strong, and a few hundred million dollars in capital may overwhelm the entire company.

"Don't worry, the land at the Sudong Street repair shop is very valuable. Huamei Real Estate Company will pay a lot of money to buy it. Not only will the company not have capital turnover problems, it will also make a lot of money." He Jiahao said with a smile.

"Yes, I'll do it right away."

"The best places to find new garages are Kennedy Town and Sai Wan Ho."

Ho Ka-ho remembers that after the car repair shop on Si Tung Street in his previous life closed down, it moved to Whitty Street and Sai Wan Ho in Kennedy Town.

Then he asked the financial director Zhou Ping, "How much money does the company have on its account?"

"About 20 million." Zhou Ping replied without thinking.

"Any future financial expenditure exceeding 200,000 yuan must be approved by me."

He Jiahao is afraid that if his supervision is not in place, problems will arise in the company. This can increase his control over the company.

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