Hong Kong's new giants

Chapter 134 [Taking the Daily Daily]

Chapter 134 [Taking Tiantian Daily] (please book in full!)

Monday, May 1.

When Liang Botao came to New Era Real Estate, he couldn't help but think of New Era Real Estate a year ago, from a net asset of 5000 million to a net asset of more than 10 billion. completed within the time.

He also remembered Lin Zuhui's "joke" at the beginning - if I were Li Chaoren in the future, would you be my Du Huilian?

Will it really grow to the level of Superman Li?

Or will it fall to the level of Chen Songqing?
One side heaven, one side hell.

Lin Zuhui warmly received Liang Botao, and said with a smile: "Brother Liang, work has been going well recently!"

Liang Botao responded: "Thanks to everyone's trust!"

Last year, he took on the investment banking business of Citicorp Bank (Heung Kong), and soon it went smoothly and the business increased.

And Lin Zuhui knew that because of Liang Botao's strong business ability, he and Du Huilian co-founded Peregrine two years later (1988).

After all, relying on the contacts and business brought by Citibank (Citicorp), Peregrine soon developed into a consortium with a market value of several billion (acquired listed companies such as Guangsheng Bank).

Even Lin Zuhui's company used to hire Liang Botao as a financial consultant for the rights issue fundraising.

After the two sat down, Liang Botao reported: "At present, we have secretly purchased 5.2% of the shares of China Land, and the stock of China Land fluctuates at the normal level of 16.2 Hong Kong dollars per share."

Lin Zuhui said without hesitation: "Stop the secret purchases and wait for the opportunity!"

"Row!"

Because of the good relationship between the two, Liang Botao couldn't help but ask a question he really wanted to ask: "Lin Sheng, Feng Li and Hutchison hold nearly 60% of the shares. Fluctuation, I am afraid that your 2000 million yuan is not enough to pay the interest!"

Lin Zuhui nodded and said: "It's okay, our company does not lack more than 2000 million yuan. But if there is civil strife on their board of directors, that is my chance. And as far as I know, Li Fuzhao has always wanted to join the board of directors of the Bank of East Asia, but was delayed. Li Fushu and other brothers refused, so even the Li family already had the seeds of conflict. Needless to say, the Feng and Li families, the friendship of the seniors may not be passed down to their generation. Opportunities are reserved for those who are prepared. And I was waiting for an opportunity."

"Opportunities are reserved for those who are prepared." Liang Botao repeated softly, and then said happily: "Okay, Lin Sheng is worthy of being a business genius. I feel that I can learn a lot from being friends with you."

Lin Zuhui nodded with a smile, Liang Botao didn't want to 'make himself king'!

After chatting with Liang Botao for a while, he left Lin Zuhui's office.

Both of them are very busy people, and they only occasionally take time to eat and exchange ideas.

After he left, Lin Zuhui became thoughtful. His consortium department (as Xiangjiang said in this era) had already beckoned to him. After more than two months, his status in Xiangjiang has been improved to a higher level.

Huaren Real Estate was established in 1922 by Feng Pingshan and Li Guanchun, two famous families. It is an old Chinese-owned company in Hong Kong. It was listed in 1968. The company invested in high-quality properties and securities. It originally owned the well-known Chinese Bank in Central. The property was sold to HSBC Bank, and HSBC Bank cooperated with Changshi to rebuild Xinhua Pedestrian Bank.

With the proceeds from the sale, Chinese Land acquired 1000% of China Entertainment (a listed company), which owns the Entertainment Building in Central; Chinese Land also owns 1.3 million shares of China Gas, currently worth 1000 million; It was these [-] million shares of China Gas that made Liu Luanxiong decide to attack China Gas in his previous life and made a huge profit of nearly [-] million yuan.

In addition to China Entertainment's 1000% stake and 6 million shares of China Gas, Chinese Land also owns a large number of high-quality properties and blue-chip stocks; it can be said that its net assets should be around [-] million, which is much lower than its market value.

There is another advantage of acquiring Huaren Real Estate, that is, controlling China Entertainment, which has a market value of nearly 3 million, which is equivalent to 'buy one get one free'.

What's more, Huaren Land is an established company with excellent reputation and great influence.

The purpose of Lin Zuhui's acquisition of Huaren Real Estate is very simple, that is, he lacks a real estate company (to invest in rental properties). After the acquisition is completed, Huaren just becomes his company for investing in rental properties and high-quality securities.

After New Era Real Estate completes this acquisition, it will also become a consortium of Xiangjiang, and may become one of the top ten consortiums of Xiangjiang in two years.

Xiangjiang Media suddenly broke out that Wanhui Media was acquiring "Daily Daily", which immediately caused a stir in the media circle.

Wanhui Media may not have enough influence, but Lin Zuhui, the boss of Wanhui Media, is very well-known; many people are surprised by Lin Zuhui's large investment, and even more amazed at the rapid development of Lin Zuhui's media empire.

Founded at the end of 1984, do you want to build a media empire comparable to Sing Tao Group and Ming Pao Group in less than two years?
Many people couldn't help asking!

Many people have also begun to notice that Wanhui Media has a great potential to raise funds through rights issues, and Lin Zuhui has a large number of warrants; if we look at the experience of New Era Real Estate, Wanhui Media may really build a real estate in a short period of time. media empire.

Many people are asking: "Is traditional management really outdated?"

Since Lin Zuhui was the first to snipe at Amergo in the stock market, there have been stock market snipers like Liu Luanxiong and Fang Jin in Xiangjiang one after another; this is unprecedented in the previous business history of Xiangjiang.

The so-called snipe at a listed company is not aimed at the success of the acquisition, but mainly engaged in the commercial behavior of "robbing" the major shareholders.

In the meeting room of Oriental Press, the content of this meeting is finally about Wanhui Media.

"Daily Daily" has always been a competitor of "Oriental Daily". The two newspapers are both popular and comprehensive newspapers. It is a law that the ebb and flow of each other is a law, and everyone knows it.

"You don't need to worry. What can be published well may not be able to run a newspaper well. Our "Oriental Daily" has been the number one in sales for many years, so there is no need to be too nervous." A director said relaxedly.

The words of this director have been approved by most of the top management!
In their view, Lin Zuhui is at best a talent in the capital market, and his ability to run a newspaper may not be very strong.

"Hehe, he thought he could learn the essence of running a newspaper with Jin Daxia eating hairy crabs and watching a few plays with him? Little did he know that even Jin Daxia's "Ming Pao" sold only half of ours." A senior executive Cater to everyone's ideas.

They selectively forget that Ming Pao Group's profit is twice that of Oriental Press. "Ming Pao" sells 20 copies, but its advertising expenses are comparable to "Oriental Daily" with sales of [-] copies.

At this time, a senior executive said cautiously: "That Wanhui Media seems to be targeting us on purpose!"

As soon as the words fell, the cripple immediately said: "So what if it is aimed at us, what are you afraid of him!"

The executive replied: "Oriental Daily is not afraid, but the Ma family is in trouble!"

The lame horse said angrily: "What trouble can we have? Does Lin Zuhui dare to trouble us?"

The executive nodded and said, "I heard that his DreamWorks is preparing to make a movie. It seems to be called "Four Families: Dragon Brothers and Tiger Brothers". It is a biographical film based on the deeds of the former boss brothers."

The members of the Ma family were stunned. Why are they so low-key in Xiangjiang? Isn't it because their father and uncle are still wanted by the Hong Kong government.

If this movie is made, it will be equivalent to directly announcing the deeds of their father and uncle to the public, and I am afraid that they will have to behave with their tails between their legs in the future.

Some high-level executives and directors immediately felt refreshed. In fact, they wanted people from the Ma family to leave the company so that everyone would not have to tiptoe around.

After all, the lame Ma didn't say a word. Ma's family in Xiangjiang has long since sundowned, and has become an existence that everyone shouts and beats. "Oriental Daily" is even called "white powder newspaper"; even if the association has some friendship, the association cannot Taking the risk of offending a rich and powerful new force; what's more, Lin Zuhui's connections are deep, and there are big bosses behind him to support him. He usually has five or six bodyguards in and out, so how could the club make trouble for him.

In the meeting room of Tiantian Daily, Lin Zuhui came to discuss the acquisition in person. Long Jingchang and He Shizhu had almost reached the end of the negotiation.

He Shizhu was the first to speak, and said, "Lin Sheng, your company has also reviewed our finances, and it's time to make a decision! I don't want to delay for too long, lest the company's hearts fluctuate and cause me unnecessary losses."

Lin Zuhui said with a relaxed expression: "He Sheng, since I am here, I naturally agree to your request. We will take 7000 million! But I hope there are two small requests."

He Shizhu's joy flashed by. In less than a year, he made a net profit of 1500 million from buying and selling, which was amazing.

Eight years ago, Liu Tian bought 165% of the equity of "Daily Daily" for only 75 million, and now it has doubled.

The sales volume of "Daily Daily" is only 13 copies, and it is not considered profitable. The profit scale is even less than 1500 million a year. Including Tian Tian's color printing, it is only 1500 million a year.

Moreover, such a daily newspaper may go downhill in two or three years, who would dare to gamble!

"Let's talk about it, Lin Sheng, I'll think about it!"

Lin Zuhui said: "First, we hope to pay in three installments, each for one month, and pay in full within three months, and we will pay interest."

This requirement is very reasonable, and it is normal for some large-scale properties to be paid off in one year.

"Yes, I am very assured of Lin Sheng's reputation!" He Shizhu readily agreed.

Lin Zuhui nodded and continued: "Second, I hope you can help us persuade the Wei clan to sell their shares. Tell them that if they are not willing to sell, because we have to invest a huge amount of 5000 million yuan, we will have a huge impact on "Daily Daily" 》Carry out re-publicity, poach talents with high salaries, and create a lot of momentum, their shares will be diluted, and there will be no dividends in the short term.”

He Shizhu was taken aback. What is the concept of 5000 million? The sales volume of "Oriental Daily" is 20. I am afraid that it will take nearly two years (Dongfang Daily has more than one newspaper).

"Yes, Webster is the founder of "Daily Daily". Lin Sheng's practice of "beginning with courtesy first and then soldiers" is admirable. I will try my best to persuade them to sell their shares."

"Thank you He Sheng!"

He Shizhu asked curiously again: "Your company bought "Daily Daily", won't it suspend publication and republish it?"

"Of course not, wouldn't that be a loss of customers!"

"I'm relieved of this!"

Nonsense, are you that stupid?

Of course, while poaching talents with high salaries and making a big splash, they are also preparing for the new edition of "Daily Daily" in two months' time!
The two parties agreed to sign a share transfer agreement in the lawyer's office the next day, and Lin Zuhui led the team back to Wanhui Media.

 Today's 15000-word update is over!
  
 
(End of this chapter)

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