Reborn in Hong Kong as a Tycoon

Chapter 410 Joining forces

"First of all, let's determine the total investment amount of the joint venture company."

"Since we want to acquire Hutchison Whampoa's foreign trade business, and even if no one competes with us, the transaction will cost at least [-] million Hong Kong dollars, so our investment amount must be more than this figure."

"I am a major shareholder of Hutchison Whampoa, but the company I hold shares in acquires Hutchison Whampoa's foreign trade business. To avoid suspicion, this transaction must be a public auction, and there may be competitors."

Lin Baicheng said to the four of them.

Bao Yugang nodded slightly: "The possibility of competitors appearing is relatively high. If I hadn't established a foreign trade company with a few joint ventures, I would have chosen to participate in the competition when I learned that Hutchison would sell its foreign trade business."

Bao Yugang has already decided to abandon the ship and go ashore. It is true that Wharf is his key investment, but he does not mind investing in other things.Another thing is that the foreign trade business is complementary to his shipping company, and the freight is directly taken over by its shipping company, which not only saves the cost of the foreign trade company, but also allows the shipping company to have more business.

Iwasaki Mineryu said: "[-] million Hong Kong dollars is just the minimum turnover. If there are competitors, we really can't determine the final turnover."

Logan Rockefeller said: "I think it is necessary for us to set a purchase price ceiling for the acquisition of Hutchison Whampoa's foreign trade business. Above a certain price, we will no longer compete. After all, there is no point in paying too much premium. And if there is no acquisition and Remembering the foreign trade business of Whampoa, then our initial investment is not necessary so large, so we should decide on two possible investment plans.”

Phil Smith nodded in agreement and said: "Logan is right. If the acquisition of Hutchison Whampoa's foreign trade business is successful, we will naturally have to invest a lot of money. But if the acquisition fails, we must either acquire a small foreign trade company, or To establish a foreign trade company from scratch, the investment amount in both cases does not need to be too large.”

"That's right, that's the truth."

Lin Baicheng agreed with this. He said: "Let's first discuss the upper limit of the price for acquiring Hutchison's foreign trade business. The transaction price is at least 8.5 million Hong Kong dollars. If someone really competes with us, it will never be less than [-] million. Hong Kong dollars, what do you think?"

"I think it can be a little higher. Even if the upper limit is [-] million Hong Kong dollars, it is acceptable."

Bao Yugang said that in his opinion, since he wants to invest, even if he loses at the beginning, it is acceptable, just like he bought Wharf.

Iwasaki Mineryu nodded: "[-] million Hong Kong dollars is almost the same."

"I have no opinion."

After pondering for a while, Phil Smith gave an answer.

"[-] million Hong Kong dollars, I can accept it."

Logan Rockefeller silently calculated in his heart that 1.5 million Hong Kong dollars was the profit of Hutchison Whampoa last year. In the past two years, the profit of Hutchison Whampoa's foreign trade business has grown at a growth rate of about 15%. As long as the world economy does not experience another crisis , so even if you buy it at a price of [-] million Hong Kong dollars, it will not be a loss.

As for what to do if the economic crisis causes losses, there is no way. Under the economic crisis, it can be said that basically all investments lose money, and they can only admit that they are unlucky.

"Since everyone thinks that the upper limit of [-] million Hong Kong dollars is more appropriate, let's set the upper limit of the purchase price of [-] million Hong Kong dollars."

After hearing this, Lin Baicheng did not object. After all, he holds half of Hutchison's shares, and the higher the transaction price, the greater the benefits for him.As for the joint venture company, although the respective shares have not been determined yet, it is definitely impossible for Lin Baicheng to hold half of the shares, so when the two parties conduct transactions, of course, the more he and Huang earn, the greater the benefits to Lin Baicheng.

"Since the minimum purchase price is [-] million Hong Kong dollars and the upper limit is [-] million Hong Kong dollars, then if we succeed in acquiring Hutchison's foreign trade business, the total investment amount will be one billion Hong Kong dollars. I think everyone should have no problem with this?"

"No problem!" "This number is just right!"

Bao Yugang, Iwasaki Mineryu, Phil Smith and Logan Rockefeller all nodded.

Lin Baicheng was not surprised when he saw this, and turned to say: "Then, let's discuss how much money we should invest in the event that the acquisition of Hutchison's foreign trade business fails. Let me talk about a figure first, everyone's total investment amount At least [-] million Hong Kong dollars, investment below this figure is too little.”

"It really can't be less than [-] million Hong Kong dollars."

The four of them agreed with this very much. Everyone has a lot of capital. If the combined investment of the five people is less than [-] million Hong Kong dollars, the scale of the company they start is too small for them.

Iwasaki Mineryu said: "Let me talk about it first, [-] to [-] million Hong Kong dollars, a big investment and a big harvest."

But Bao Yugang said: "If the acquisition of Hutchison Whampoa's foreign trade business is not successful, there is no need to invest too much at the beginning, just invest [-] million Hong Kong dollars first. When the company is short of funds, we can continue to raise funds .”

Logan Rockefeller agreed: "Mr. Bao is right. It is enough to invest [-] million Hong Kong dollars at the beginning. When it is really short of funds, we will not be too late to refinance."

Phil Smith said with a smile: "I can do both, but since Logan and Mr. Bao have said so, let's invest [-] million Hong Kong dollars first."

"The minority obeys the majority, then our total investment amount is set at [-] million Hong Kong dollars to establish the company."

Upon seeing this, Lin Baicheng made the final decision: "I will hold Hutchison's board of directors tomorrow and the day after tomorrow to discuss the sale of Hutchison's foreign trade business at the board meeting. Our joint venture company is participating in the auction, and if we can succeed in the acquisition, then we will pay according to our respective shares to increase the company's registered capital to one billion Hong Kong dollars."

"Just do it!"

The four of them nodded after hearing this.

The next five people first discussed the name of the joint venture company, and finally decided to call it Yuanyang Import and Export Trading Company, referred to as Yuanyang Trading, and the company's headquarters will be in Xiangjiang.

After that, it was time to discuss their respective stakes in the ocean trade.

After some discussion, Lin Baicheng holds 30% of the company's shares, Iwasaki Mineryu holds 20% of the company's shares, Phil Smith and Logan Rockefeller each hold 17.5% of the company's shares, and Bao Yugang holds 15% of the company's shares. How much to invest in the same proportion.

Although Bao Yugang has the least shareholding, the trading company's shipping orders are handed over to his shipping company, so he is actually not losing money.

Lin Baicheng became the chairman of Sino-Ocean Trading Company, and Bao Yugang, Iwasaki Mineryu, Phil Smith and Logan Rockefeller all became directors of the company.There are exactly five directors in the company, and each of them has one vote, even Lin Baicheng, the chairman, is no exception.

Everyone's joint venture is to make money together, so there are important decisions to be discussed, and people will be stationed in the ocean trading company, so it is impossible to be a hand-off shopkeeper.

　(Thanks to 'Wutong Lantern q' for the 233 rewards and support!)

　　
　
(End of this chapter)