The rise of Hong Kong's wealthy families
Chapter 31 Land Exchange Rights Letter
He Jiahao knew what Li Shengluo meant, but said, "A Ming is my brother, not an outsider."
Hearing this, Qin Haiming, who wanted to go out, stopped, his eyes filled with gratitude.
Li Shengluo did not dwell on this and said in a deep voice, "Qin Sheng was also a member of the United Society before. He Sheng should know that the society will be banned sooner or later, so I have to bleach the society, but the government will not give us the opportunity in vain. We only Able to find a way out.
Nowadays, real estate developers are everywhere, and most of the land is in the hands of the government. The auction prices are too high, and the profits of real estate developers have been reduced. If He Sheng cooperates with the United Societies, the United Societies will be very willing to help in acquiring land.
He Sheng, don't worry. Since we are going to bleach, we will not use the previous methods again. The land we get will definitely be clean. The government will not find any problems. The United Society just hopes to avoid the government. take care of. "
I'll give you cheap land and you'll bleach it for me. It seems like a good deal, but it's not, because the benefits are not worth He Jiahao's risk.
"Li Sheng, this reason cannot convince me. Although the land is expensive, it is safe and has no hidden dangers. And I don't lack the money." He Jiahao shook his head and said.
Li Shengluo continued, "What He Sheng said makes sense! He Sheng thinks that the benefits are not enough. Half of the land of the new company can be sold to He Sheng's private company at the original price. The financial department will be directly controlled by someone sent by He Sheng, and each person will have half of the management rights. The legal person association will be in my name, so if something happens, nothing will be involved."
"Li Sheng directly bought a listed real estate company. Wouldn't it be possible to use the name of listing to weaken the government's influence?" He Jiahao still refused.
Li Shengluo smiled bitterly and said, "Does He Sheng think I haven't tried it? After taking direct control, all those shareholders ran away. They said it would be better to invest in other listed companies with the money. They thought it would be too troublesome to cooperate with us."
"Li Sheng, I need to be honest, I am not willing to cooperate with your association. If they engage in money laundering, threaten citizens to sell land and buildings, etc., then I won't have to do business."
Why can the previous society do any business without hindrance?
That's because the association is powerful and is involved with certain people in the police force, so there are naturally no disadvantages.
Now that even the police force is overwhelmed by the Independent Commission Against Corruption, who dares to commit crimes against its will.
"He Sheng, I guarantee that this kind of thing will never happen. In fact, I originally wanted to slowly bleach myself out, but now the citizens are very dissatisfied with this situation. So many people in the police force have been purged. I'm afraid they will soon go to the community , so I can’t tolerate taking my time.”
Lee Sung-ra was helpless, "Because of my style, people from some societies have gone to my opponents. The pressure from the joint societies is great, but my father is very supportive of me."
He Jiahao remembered an incident in his previous life, Liu Luanxiong and a certain club in Austria! The members were very good, and they jointly opened a company, but they were involved in bribery and money laundering cases and were very distressed.
But this is indeed an opportunity. There are many ways for associations to obtain more land.
"Let's do this. According to the conditions just now, if there is a problem with the company, I will quit immediately, and I may also report it to the relevant departments. Don't blame me when the time comes, Li Sheng."
"No, if there is a problem, I will report it and get rid of the trouble."
“I would exit the new company within five years.”
"Thank you He Sheng. As for that Huang Yulang, I will help He Sheng teach him a lesson."
He Jiahao almost forgot about that guy and said in a deep voice, "We are going to open a new company soon. Li Sheng's move is very bad, but the rival club is a good choice."
"I understand, don't worry He Sheng."
Ho Jiahao believes that he will become a tycoon in five years, so these stains must be cleared away.
"Li Sheng, the new company can start with the exchange of land rights and interests and the acquisition of old buildings. I am prepared to invest 2 million first."
The land exchange rights and interests document is a land expropriation compensation method adopted by the Hong Kong government from the 1960s to the 1980s. It is divided into type A land exchange rights and interests documents and type B land exchange rights and interests documents. Type A land exchange rights and interests documents are based on development One square foot of housing land within the area is exchanged for one square foot of housing land outside the development area. Type B land exchange rights and interests are to exchange five square feet of agricultural land for two square feet of housing land.
Land exchange rights documents can only be bought, sold and renamed in the market. Nowadays, many land bidding and auctions in the New Territories only allow real estate developers with land exchange rights documents to participate, so now is also the time when land exchange rights documents are very popular.
Next, the two of them discussed the name and address of the new company, the amount of investment, which region to start with, and other issues.
Returning to Yunzhimeng, I told Huo Jianning what had happened. Huo Jianning sighed, "It seems like the benefits are great, but the risks are also very high. If you are not lucky, boss, you will be in trouble."
"Yes, working with the association is undoubtedly a time bomb, but you can get a lot of things. Please prepare, we are going to enter the process of exchanging land rights documents."
"But our capital chain is already very tight, and we don't have much money to purchase the rights and interests." Huo Jianning felt that the boss was too crazy and had a strong gambling habit. If a gust of wind came, he might go bankrupt.
"We will collect whatever we can. We will have a large amount of funds coming in next April, so we don't have to worry too much."
Hearing this, Huo Jianning felt relieved a little. Although he didn't know where the boss got the funds, the boss was not someone who just talked nonsense.
"Okay then, I'll go make arrangements."
"I need you to keep an eye on the new company." He Jiahao reminded him one more time.
"Well, I will manage the new company myself."
He Jiahao was just about to take a rest when he caught a glimpse of the newspaper headline on his desk, "Tender for 2 million square feet of residential land in Yuen Chau Kok, Sha Tin District, New Territories."
"This is the first city in Shatin!" Ho Ka-Hao finally remembered the name of this piece of land in later generations.
In order to develop the new Sha Tin town, the Hong Kong government plans to carry out a reclamation project of more than 6 million square feet in Yuen Chau Kok. Seventy-seven of the land will be returned to the government for the development of public housing and community facilities, and the remaining approximately 2.5 million square feet will be privately owned.
This is a huge investment. The reclamation project alone may cost several hundred million, and then building a building will cost several hundred million more, and the payback period is not short.
Ho Jiahao sighed. He knew that in his previous life, this land was led by Henderson Land Development, and Black \u0026 Decker Real Estate, a joint venture between four real estate companies, New World Development, Sun Hung Kai, and Yellow River Industrial, won the bid. Even a large company like Land cannot handle it.
He Jiahao still picked up the phone and dialed a number so that Li Shengluo could touch the land next to Yuanzhoujiao. The bosses eat meat, so you can order some soup for yourself.
Now that the news has just been released in Yuenzhou Kok, most real estate developers have not yet reacted, so the opportunity is relatively large.
"Money, money, money." He Jiahao shouted in confusion.
He was a little crazy.
The stalls are constantly expanding and funds are constantly flowing out. If it were not for the investment in the stock market, it might really collapse.
He Jiahao didn't care at all.
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