The rise of Hong Kong's wealthy families
Chapter 193 It’s all for profit
Inside the private room of The Peninsula Hotel in Tsim Sha Tsui
The positions of Luo Yingshi, Chen Zengxi and He Jiahao formed a triangle, with Luo Xurui and Chen Qizong sitting diagonally behind their respective parents.
"Hong Kong is so lively during this period. I wonder if I have a chance to participate?" Chen Zengxi said with a smile.
In his previous life, Chen Zengxi took over the Kowloon Bus Company. Although it did not cause a big sensation, it was still a classic case. He Jiahao had seen such a record, which was just a few words of description.
Luo Yingshi looked silly, but was extremely shrewd. He looked at He Jiahao as if he was asking for He Jiahao's opinion.
"How does Chen Sheng want to participate?" He Jiahao asked.
"How about taking over the Kowloon Bus Company together. Athlone is the holding company of Kowloon Bus, and Hang Lung holds 35% of the shares. How about that?" Chen Zengxi is a little suspicious of taking advantage of the situation, but Hang Lung has the capital.
Ho Ka-ho is not willing to give Hang Lung to the Lee family. Anyway, the interests of the Kowloon Bus Company will be reduced. After all, it can get a lot of compensation from the Lee family.
"What do Luo Sheng think?" He Jiahao turned to Luo Yingshi and asked, and he naturally accepted it.
"How about 30% for Chen Sheng and 20% for He Sheng?" Luo Yingshi did not want to reduce the shares of the portfolio company, but he also made a sacrifice: Bailibao Investment will not hold shares in the Kowloon Bus Company.
"I think it's feasible. Where is Chen Sheng?" He Jiahao asked with a smile.
Chen Zangxi thought for a moment and said, "After taking over the Kowloon Bus Company, I hope to sell 60,000 square feet of land from the Kowloon Bus Company to Hang Lung."
Luo Yingshi and He Jiahao both nodded and agreed to Chen Zengxi's request.
"Now that we have discussed the issue of proper distribution, let's move on to the next thing, how to defeat the joint anti-takeover by the Li family and the Lei family." Luo Yingshi said with a naive smile.
"I think we can have a chat with the Lei family." Chen Zengxi looked at He Jiahao and said, his eyes seeming to hope that He Jiahao would make some concessions. If he negotiates with the Lei family, he must give up the interests of the Kowloon Bus Company.
"I think it's feasible. If the Lee family is willing to give up No. 1 Enping Road, I can also sell the property next to Enping Road at a premium of 30% to let them keep the family business." He Jiahao said frankly, with a hint of warning in his words: Can you Can't let me lose.
Chen Zengxi picked up the tea cup and took a sip absentmindedly. Luo Yingshi was still smiling, like a Maitreya Buddha.
After thinking clearly, Chen Zengxi smiled and said, "Okay, I'll go talk to Li Mingze, but there's no guarantee of immediate success."
"With Chen Sheng taking action, it shouldn't be a big problem." He Jiahao complimented.
"Let's talk about something else. I heard from people at the MTR Corporation that at least nine subway station roof projects will be launched tomorrow. I wonder if Luo Sheng and Ah Hao are interested in cooperating again?" Chen Zengxi said.
"I have agreed to cooperate with Sun Hung Kai for the Sham Shui Po MTR station superstructure project next month, but the remaining projects have not been settled." Ho Ka-ho said with a smile.
Luo Yingshi shook his head and said, "I'm not very interested in the subway station roof project. Let's work together."
Bidding for subway station superstructure projects generally involves hundreds of millions, and even if the projects are sold, it will take a year to recover the investment.
Eagle Real Estate lacks experience in this area, so the proportion allocated should not be large, and the profits among them are not much. Calculated carefully, I am afraid it cannot be compared with the profits of slightly larger properties.
Hearing this, Luo Xurui on the side stopped his movements and sighed slightly.
"Since Luo Sheng is not interested, Ah Hao, let's talk about it later." Chen Zengxi said to He Jiahao.
Everyone chatted for a while and then left.
The car was driving on the highway, and He Jiahao was sitting in the back seat, analyzing what had just happened.
Winning over Chen Zengxi will be very beneficial to the acquisition of Kowloon Bus Company. It can not only increase the acquisition funds, but also make the Lee family worry.
He Jiahao does not need to compensate Bailibao Investment Company after the acquisition failed. Although it seems that he has lost 30% of the share dividend profits, in fact he can get part of it back from the Lee family. With the land on Enping Road, it is just right. It was even, and it also reached cooperation with Hang Lung on the subway station roof project.
This time, it is certain that the Lee family has suffered losses, and no one can change this fact.
Because He Jiahao has broken into the core area of the Li family, if the Lee family wants to keep their ancestral business, they must come up with something that satisfies He Jiahao. Otherwise, He Jiahao dares to build a commercial building in front of the Li family's house, making them a joke throughout Hong Kong.
Office on the 31st floor of Central International Building
He Jiahao called Tan Zhenzhen over and ordered, "Oil has soared to US$38/barrel, sell the 300 million oil stocks immediately."
"Yes, I'm ready." Tan Zhenzhen said seriously.
"HSBC isn't taking any action, is it?" He Jiahao asked. It was Tan Zhenzhen who had been dealing with HSBC.
Tan Zhenzhen thought for a while and said, "For the loan a few days ago, HSBC asked us to check our financial situation. The reason is that the company has too much debt and is worried about our capital turnover problems."
He Jiahao smiled and said, "It doesn't matter, then we will reduce our business dealings with HSBC."
Of course he knew that it was Shen Bi who gave him a little revenge. Such a lame reason was obviously to embarrass Huamei Real Estate Company. Jianing Group started by borrowing money. HSBC didn't give it a loan anyway, and he didn't hear that HSBC wanted to investigate. Accounts of Jianing Group.
"Yes, which bank will it be transferred to?" Tan Zhenzhen asked.
He Jiahao thought for a while and found no suitable bank, so he said, "You can cash out first. I will tell you which bank it is later."
Standard Chartered Bank is not very reliable, and Universal Bank cannot have too many investments. Most of the other banks are private banks or are too small in scale.
Half an hour later, Gao Ci walked in and reported, "Boss, we have acquired a lot of properties in Causeway Bay at a premium. We have now spent nearly 100 million yuan. The properties are located on Pasir Ris Road, Hysan Road, and Leighton Road. "
"The main purpose of the property acquisition is to prevent Hysan Properties from merging buildings in Causeway Bay. However, we must pay attention to cost control. We are not trying to stop it at any cost. It is very likely that these properties will be sold in the future. In any case, the company cannot be exposed to losses. .”
"I know, the main thing is that Hysan Industrial Company competes with us. We usually stop selling if the price exceeds 20% of the premium. But Hysan Industrial Company does not care about the cost. They will charge a premium of at least 30%, which can consume a lot of their funds." Gao Shi Dede said.
The enmity between the boss and the Lee family has long been spread in the company. As employees of Huamei Real Estate Company, they naturally share the same hatred.
He Jiahao nodded, "Since the Li family likes it so much, let them buy it at a premium, but they must get the shops in the core areas. This is the magic weapon to restrict the Li family."
"Don't worry, boss, I've already killed the Li family and will definitely cause the Li family heavy losses." Gao Ci acted as if he had a grudge against the Li family.
If possible, Ho would not mind continuing to merge properties in Causeway Bay, seizing the title of Lee's Causeway Bay landlord and becoming the largest charterer in Causeway Bay.
But this is difficult. After all, the core interests of the Li family are involved. Obtaining the Enping Dao Jialan Center is already the bottom line of the Li family. If the occupation continues, the Li family may have to use the "no matter the cost" strategy to defeat He Jiahao.
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