Rebirth: The Era of Hong Kong Tycoon

Chapter 311 [The development of Hutchison Whampoa]

XNUM X Year X NUM X Month.

Hutchison Whampoa and the Lin Rongheng family acquired 32% of Husky Energy at a price of HK$52 billion; Canadian Imperial Bank also bought 5% of the shares, and the remaining 43% of the shares are in the hands of Canadian Nova Group.

The Lin Rongheng family holds 9% of the shares of Husky Energy, which means that the Lin family is Lin Rongheng's fourth concubine Lin Qingxia. At this time, Lin Qingxia has given birth to two daughters and a son for Lin Rongheng, and all four of them are Canadian citizens.

In Husky Energy's conference room, Lin Rongheng brought Hutchison Whampoa's two directors into Husky Energy and held a meeting with all the senior management; Hutchison Whampoa's investment in Husky Energy was not a shareholder, but a shareholder. A substantial shareholder who participates in the operation of the company.

And Lin Rongheng is also sitting in the main seat. He is the permanent chairman of the board of directors of Husky Energy, and John, the president of Husky Energy, always takes the second seat.As for Zhao Yazhi, although he is nominally the acting chairman of the board of directors of Husky Energy, he will not participate in any affairs and will not come to the meeting at all.

In the conference room, Lin Rongheng took the lead in expressing his views on the company's next operations: "To get through this oil crisis and wait for the oil price to rise, we will undoubtedly have to do a lot. First, we have to invest money to increase equipment and increase oil production. Second, we need to increase our oil wells and annex oil companies of the same size as ours. Of course, this can be investigated slowly, and we can start with suitable targets.”

There is no doubt that Lin Rongheng's opinion has won everyone's approval.

Of course, the second largest Nova Group is not very involved in specific affairs in this company. The management of Husky Energy are all migrant workers, so Hutchison Whampoa has a great say.

Lin Rongheng's strategy is not wrong. As far as he knows, this oil turmoil will last for three or four years. Husky Energy must vigorously exploit oil and sell oil in large quantities to keep the company in a good financial position; Sufficient oil can be stored, and when the price of oil rises, Husky Energy can start the dividend mode.

Back at her home in Vancouver, Brigitte Lin hurriedly greeted her, squatted down to put on slippers for Lin Rongheng, and then took the coat Lin Rongheng took off.

"dinner's ready?"

"kindness!"

After washing my hands, I came to the table. Everything was set up, even the red wine was poured.

Brigitte Lin has not completely moved to Canada to live, and her three children are still in Hong Kong. She just comes to Canada often to manage her wealth.At this time, Lin Rongheng had bought three five-star hotels for Lin Qingxia, built a grade-A office building, and held about 10% of the shares of Shanmei Computer and 9% of the shares of Husky Energy, which had just become a stake.

Of course, there are also some less valuable investments, including some shops, residences, etc.

Lin Rongheng said: "At Husky Energy, I planned the development of the company today. As long as you wait four or five years, you can at least distribute one or two hundred million in dividends every year!"

Lin Qingxia was surprised: "So many?"

Lin Rongheng nodded and said: "This company has encountered Saudi Arabia as a spoiler, otherwise we would have no chance to acquire it. Now Saudi Arabia has begun to soften, and oil will rise in a few years. The oil that originally sold $10 a barrel, if If you sell it for $30 a barrel, you're saying you're not going to make a fortune!"

Lin Qingxia took a piece of lobster meat with chopsticks and fed it to Lin Rongheng, then said with a smile, "You are amazing!"

Lin Rongheng's LSP expression activated, and he said playfully, "It's amazing there?"

Lin Qingxia glanced at Lin Rongheng amorously, and then said, "It's all amazing, head office! I almost added a fifth wife and sixth wife!"

Which pot is not open to mention which pot!
Some time ago, Guan Zhilin and Li Zhi had a quarrel, and some media also asked Lin Rongheng for confirmation. Lin Rongheng rejected all the facts on the spot, and then sent the two women away completely.Fortunately, Lin Rongheng was generous, otherwise the two girls would have been banned.

Lin Rongheng said with a smile: "Your husband is Tang Sengrou, those little stars want to pull me up, blame me!"

Lin Qingxia twisted Lin Rongheng lightly and said, "I was also a little star back then, and I was the one who pulled you to the top!"

Lin Rongheng hugged Lin Qingxia's waist and said, "I took the initiative to hook up with you, a big star and the number one beauty in Taiwan."

It was a very interesting meal. Lin Rongheng had known these women for more than ten years, but his relationship was very good. Mainly, Lin Rongheng was not with them every day.

Back in Hong Kong, there is good news again. Hutchison Whampoa, British Rail Line and OOCL have also reached an agreement. Hutchison Whampoa will acquire 75% of the shares of Phyllisdu Port in the UK from the two companies. The transaction amount is 10 billion Hong Kong dollars.

So far, Hutchison Whampoa's port business has entered the first step into European container terminals.

Another year in the blink of an eye.

In August 1987, under the leadership of Hutchison Whampoa, Husky Energy annexed another Canadian oil company, Canterlot Energy, and its assets doubled immediately, from the original 8 billion Canadian dollars (about 20 billion Canadian dollars). US dollars) to 20 billion Canadian dollars.

The funds for the acquisition of Canterlot Energy naturally have to be shared equally by shareholders, so it is still a big burden for the second largest shareholder, Nova Group. Lin Rongheng knows that sooner or later they will sell their shares to themselves at a low price, because they can’t wait for the spring. arrival.

At this time, Lin Rongheng called Huo Jianning to Canada, intending to let him lead the affairs of Husky Energy.

In the office, Lin Rongheng said to Huo Jianning, "I can only give you one suggestion - open source and cost reduction and technological transformation are the core methods of Husky Energy in recent years. Only in this way can we wait until the company is profitable."

Huo Jianning was good at these things, and naturally said with confidence: "Well, after nearly a year of development, Husky Energy's operating conditions are much better than other North American oil companies, which shows that the boss's strategy is right. I will Restructured Husky Energy to ramp up production as soon as possible"

After chatting for a while, Huo Jianning started his first big task.

In the past year, Huo Jianning has also done a lot of things, successively acquired several pager companies in Australia, and established Hutchison Telecom (Australia) Company;

In the UK, it also acquired Quadran Group's mobile phone business (mobile phones), which opened the first step in developing the European telecommunications industry, and established Hutchison Telecom (UK).

Originally, someone from Hutchison Whampoa's executive suggested that Hutchison Whampoa buy 5% of the shares of Dadong Telegraph Bureau, but Lin Rongheng directly refused.

First of all, this transaction is worth a full 29 billion Hong Kong dollars, which is too expensive;

Secondly, Lin Rongheng knew that even if he bought 5% of the shares and became the major shareholder of Dadong Telegraph Bureau, Hutchison Whampoa would never be able to enter the board of directors, so what's the use!

Finally, this company will not grow well in the next few years, and it may not make 10% in three or four years.

(End of this chapter)