Hong Kong's new giants

Chapter 167 [Asset Reorganization]

Chapter 167 [Asset Reorganization] (1200 Monthly Ticket Plus Update!)
The headquarter of Lukfook Jewelery is located in the office building in Central, covering an area of ​​2000 square feet, with a monthly rent of 5, which belongs to the first-class office building in Central.

In the past two years, with the transformation of Xiangjiang’s economic structure, the impact of the rapid development of the service industry, and a large number of foreign companies using Xiangjiang as a springboard to enter the mainland and other comprehensive factors, the demand for office buildings has continued to rise, resulting in the vacancy rate from the peak in 1983. 20 %, dropped to the current 6% or so, and continued to fall.Taking Exchange Square as an example, the rent has risen to about 28 yuan per square foot per month, and it is expected to break through to more than 1987 yuan next year (30).

This is still when the vacancy rate is 6%. Once the vacancy rate is below 2%, the rent of office buildings may become even crazier (note: in the first half of 89, it briefly rose to 85 yuan per square foot per month).

Lin Zuhui followed Wang Zuxian to her office, and when he came to the door, he couldn't help but look at the words "Executive Director's Office" on the sect, and couldn't help but smile on his face.

Seeing Lin Zuhui's expression, Wang Zuxian took Lin Zuhui's arm coquettishly, and then forced Lin Zuhui into the office.

"Damn it, how dare you make fun of me!"

Wang Zuxian pressed Lin Zuhui on her office seat, and leaned against the desk, pretending to be wronged.

Looking at Wang Zuxian, who has stepped into the workplace from the entertainment industry, although she is not wearing a uniform, she still looks a bit capable; she is the spokesperson of Luk Fook Jewelery, so she does not need to wear work clothes, which will not affect the effect.

Lin Zuhui smiled and said: "I didn't make fun of you! I just find it incredible that the little girl in the past has now become a business person like me."

Wang Zuxian showed happiness, but said softly: "It's not you who forced me into this position, I still think filming is fun!"

"Then go and film, I'll find someone to replace you here!"

Wang Zuxian's face froze, and a sad expression appeared immediately, as if there was no need to brew it.

After seeing Lin Zuhui's playful face, she realized that she had been tricked, but she still had a small temper and turned away from Lin Zuhui.

"Then go find someone else, anyway, I'm not as beautiful as sister Ning, nor as obedient as sister Ning and Ling Yin!" After finishing speaking, Wang Zuxian crossed her arms, looking angry.

Lin Zuhui felt that he was blessed, and saw a scene from his previous life again!
I don't know why, but he finds these female stars as lovers, and he always likes to reproduce the impressions from his previous life.

For example, Guan Jiahui, he always used the memory in his mind to describe the clothes, and then asked her to find them by herself, and then wear them for him to see.

In the end, Lin Zuhui believed that the memory of his previous life still dominated, so he missed it so much.

"Then I'll take it seriously, tomorrow"

Before she finished speaking, Wang Zuxian suddenly turned around and said, "No!"

Seeing Lin Zuhui's smirk, she threw herself into Lin Zuhui's arms while tears fell.

Lin Zuhui was not in a hurry, and the beauty of the pear blossom with rain was not often admired, so he just wiped her with his thumb.

"If you hate ghosts, you know how to bully me!"

After Lin Zuhui coaxed her for a while, Wang Zuxian soon stopped losing her temper!
"Hmph, you don't want to find someone to replace me. My third wife has been notarized by everyone, and you have personally promised it!" Wang Zuxian said seriously, the blush on her face has not yet dissipated.

Lin Zuhui sniffed his fragrant hand in a humble manner, and said, "You know it too! Usually I think you are the most thoughtful, but now you care so much about this position. Why, do you want to rebel against me?"

Wang Zuxian immediately lowered her head and said, "No! I get along well with my sisters and Ling Yin, but I'm not very good at expressing it!"

Lin Zuhui inadvertently completed the behavior of beating this woman, and he was also very satisfied with the results.

Regardless of whether he placed Guan Jiahui, Cai Ning, or Wang Zuxian, he only gave an investment of 1000 million yuan; but in fact, he took great pains to conceive a business that suits them, and he also found helpers and provided them with resources and so on.

What he actually gave was far more than what Liu gave in his previous life; of course he also got more, these women must do their duty as their wives.

"That's good. I'm worried that you feel that you have wronged yourself, so please tell me!"

"No, I'm very happy, Brother Hui!"

Wang Zuxian quickly returned to Lin Zuhui's arms to express her loyalty!
This time, Lin Zuhui didn't mess around, but nodded and said: "That's good, I will let you enjoy the best things in this world year after year."

"Thank you Brother Hui!"

Hit a stick and give a sweet date.

Lin Zuhui asked Wang Zuxian to apply for some training courses on etiquette and etiquette. After all, she is not the most suitable to endorse jewelry; jewelry spokespersons usually choose beauty pageants such as Miss Hong Kong. Their body and body language are more in line with "elegance and nobility". jewelry.

Of course, the reason why those Hong Kong sisters have such a temperament is actually nothing more than ten days of training by the organizer before the beauty pageant, and you can learn this stuff.

Wang Zuxian readily agreed, feeling that Lin Zuhui had considered everything comprehensively.

Cathay Properties.

Chairman Chen Zhengwen was in the office, looking at the asset restructuring plan of Cathay Pacific Real Estate sent by New Era Real Estate, his mood was obviously not calm.

Chen Zhengwen feels very comfortable with the new era real estate's practice of "beginning with etiquette and then soldiers";
Moreover, the 'asset restructuring plan' proposed by the new era is also very beneficial to him.

Who in Xiangjiang doesn't know their boss Lin Zuhui's method, any listed company that Lin Zuhui has touched will soon rise and his net worth will skyrocket.It is rumored that Mrs. Lin has the art of rejuvenation with the wonderful hand, and the sick woman (company) who is dying, after being touched by Mrs. Lin's wonderful hand, will regain her spring color, like a young girl.

Although he will lose his position as the head of Cathay Pacific Land, he doesn't care about this position at all compared to being able to cash out at a high price in the future.

"1 million Hong Kong dollars in capital injection, in exchange for 48% of Cathay Real Estate shares. Although my shares have been diluted, as long as the news of New Times Real Estate's ownership of Cathay Real Estate comes out, the stock price of Cathay Real Estate will at least double."

"Furthermore, according to Lin Zuhui's method, it is normal for the stock price to go up more than double, or triple or five times. At that time, as long as I cash out at a high position, I will get a lot of cash, which is better than just receiving the chairman's fee every year now."

Soon, Chen Zhengwen made a decision. He planned to convene the board of directors, announce the plan to everyone, and obtain the approval of the board of directors.

At this time, although Chen Zhengwen was the major shareholder of Cathay Real Estate, he only held 25% of the shares, and his shareholding was not secure.

Of course, Lin Zuhui would not be so stupid as to buy directly, which would not only cost a lot of money, but also leave a 'notoriety', and such an acquisition would not bring cash to Cathay Properties.

Cathay Pacific Real Estate has no cash for capital injection, so it is difficult to support the company's asset restructuring.

At the board meeting of Cathay Real Estate, Chen Zhengwen sent a copy of the "Asset Reorganization Plan" to all the directors.

"Everyone, New Era Real Estate promises to protect everyone's interests. Don't worry about your shares being diluted. After the asset restructuring, the stock price of Cathay Real Estate may be several times higher. Everyone should carefully consider this opportunity to make a fortune."

Of course, all the directors had heard of Lin Zuhui's name, and they were already in ecstasy at this moment, looking at the proposal seriously.

Because a one-time issuance of 48% of new shares requires a general meeting of shareholders, the support of the board of directors will be very important at that time.Of course, with Lin Zuhui's reputation, the shareholders of Cathay Properties could not wait to welcome him early, so there is no reason to disagree.

Sure enough, the board of directors basically passed a unanimous vote—the resolution to accept the capital injection from New Era Real Estate.

In mid-September, Cathay Real Estate and New Era Real Estate formally reached an agreement: Cathay Real Estate will issue 9 million new shares, accounting for 3000% of the total share capital, in exchange for 48 million in cash from New Era Real Estate.New Era Real Estate acquired Cathay Real Estate and carried out asset restructuring.

On the board of directors of Cathay Real Estate, Lin Zuhui was elected as the chairman of Cathay Real Estate, Liang Zhenxun was elected as the executive director, and Lu Donglai, the former executive of New Era Real Estate, was elected as the general manager and director of Cathay Real Estate.In the blink of an eye, the management of Cathay Real Estate has become the world of real estate in the new era.

Lin Zuhui first said: "Cathay Property has changed its name to 'Cathay City', Manager Lu hastened to announce and go through the formalities!"

When Lu Donglai was in charge at the beginning, he had the mentality of preparing for a big fight, so he immediately straightened his body and said, "Yes, boss!"

He only came to New Era Real Estate five months ago, and he also knows that Cathay City will be the flagship hotel management company of New Era Real Estate in the future, so he feels honored and passionate.

Then, Lin Zuhui asked Liang Botao, the consultant of the 'asset restructuring', to explain the 'asset restructuring plan' in detail to the directors and management.

The so-called asset restructuring, there are three important factors to ensure success:
First, there is the support of the bank. Lin Zuhui has already contacted three banks to provide Cathay City with a loan of [-] million yuan, plus the [-] million capital injected by New Era Real Estate, which is enough to complete the asset restructuring.

Second, sell non-performing businesses and assets, and immediately buy high-quality assets; as a professional real estate company, the strength of New Era Real Estate in this area is unquestionable. In less than two years, New Era Real Estate has bought billions of High-quality land and properties, full experience in this area.

Thirdly, rights issue to raise funds, and then purchase assets; this step, Lin Zuhui personally operated, just as the Hang Seng Index was about to skyrocket, he planned to take advantage of the bull market to raise funds in Cathay City around November; all the funds obtained will be used In the purchase of high-quality properties.

After Liang Botao finished his speech, the people in the conference room really felt the legendary art of "turning stone into gold and rejuvenating hands".

Then again, why can't the original major shareholder reorganize its assets?
The reason is very simple, the most fundamental reason is that he has no strength, how can the bank lend you a loan, and the creditor will not give you time to kick the interest rate.

A director asked: "Will the sale of all catering and industrial businesses lose a long-term and stable income item?"

short-sighted!

The annual income of these businesses is not as good as rent collection; and their own value is far less than that of real estate.

Liang Botao replied: "We have investigated, and the investment in Cathay City is now suitable for selling at a high price. The annual income of these businesses is not as good as rent collection, and the stability is also poor. It is just right to sell at a high price and invest in high-quality ones. Property, allowing the company's temporary asset appreciation, is conducive to the improvement of stock prices."

Being able to sell at a high price is the skill, and the original asset valuation of these businesses is not high.

Between selling and buying, the company's assets have increased, which is the purpose of asset restructuring.

Of course, Lin Zuhui can be said to be riding on a giant in this asset reorganization - the stock market has soared; otherwise, if the market is average, even if he has supernatural powers, he will not be able to make outstanding achievements.

In his previous life, Luo Xurui acquired Cathay Real Estate in March 300. In May, he introduced the asset restructuring and announced that the asset value of Cathay Pacific Real Estate had increased by five times. One important reason was that the Hang Seng Index rose by [-] points from March to May. With the big bull market and a wave of rights issue fundraising, the company's asset value has naturally risen.

The money raised by rights issue does not need to be repaid, nor does it need to pay interest, which is equivalent to giving to the company for nothing.

After all the directors had no doubts, Lin Zuhui immediately arranged who would specialize in selling the company's assets and business, who would specialize in finding high-quality properties, and who would be in charge of the stock market.

Soon, everything was in order, and a high-speed machine was running.As for himself, he only needs to sit in the position of leader and give pointers to the country.

As a consultant, Liang Botao can get a commission just by paying attention and providing professional advice;
Of course, the commission is secondary, and the real big one is the loan provided by Wanguobaotong, which is the biggest profit.

Cathay City's top priority is to restructure its assets and restore investors' confidence in it before considering entering the hotel industry.If Cathay Pacific City has a market value of [-] million or [-] million yuan, a round of rights issue before the August [-]th stock market disaster, and then use that money to invest in the hotel business, the effect will be very obvious.

As for the hotel industry, Lin Zuhui plans to carry out acquisitions and self-construction at the same time, and overseas acquisitions are also the focus.

In the office of New Era Real Estate, Lin Zuhui sat in a chair, thinking about some plans.

If Chinese Land needs to raise RMB 10 billion through rights issue at the end of the year (to buy a building), New Times Real Estate, as its major shareholder, needs to contribute RMB 4.9 million (49% of the shares), so where does New Times Real Estate come from for this money?

Also, New Era Real Estate has a debt of 15 billion, how can it be reduced to 5 million to 8 million before the stock market crash?

Soon, he wrote in his notebook:

The 5500 September futures contracts held by New Era can make a profit of 6000 million and withdraw funds of 1.6 million;
The industrial buildings held by New Era can make a profit of 1.8 million by the end of the year, and return more than 2.5 million to themselves;
The blue-chip stocks held by New Era can make a profit of 2.5 million yuan by the end of the year, and return funds of 3.5 million yuan.

The above are the repayments under ideal conditions, but they should be close to each other.

These are the company's non-recurring profits, which can reach 5 million in the second half of the year, and 7.6 million of funds will be withdrawn.

From this point of view, there is no need to worry about raising funds for the rights issue of Chinese Land!
As for the company's debts, it's fine to speculate in index futures and blue-chip stocks next year!

As for the company's real estate development profits, it will continue to purchase land and old buildings, or repay bank interest.

He doesn't want New Era Real Estate to raise funds through rights issue this year. First, he can't afford it himself. Second, he wants to keep the stock market at 3000 points, and then raise a large amount of funds through rights issue.

After confirming that there was no problem with the funds of New Era Real Estate, Lin Zuhui's mood suddenly became brighter. It was a moment of relief to be in debt, but it was always painful to pay off the debt.

"In this way, after my 6500 September futures contracts (average 9 points) expire, I can continue to buy December futures contracts."

At present, the Hang Seng Index has not skyrocketed, and is currently hovering between 1950 and 2000 points. On the delivery day at the end of September, it should be very good to reach 2000 points.

"If it wasn't for worrying about New Era Real Estate's rights issue to raise funds, I would directly buy the December futures contract."

"It doesn't matter, just mortgage part of the stock again, get a 1 million personal loan, and buy the December futures contract below 2000 points."

"As for the September futures contract, after the delivery of the futures contract, most of the returned funds will be used to buy the December contract, and some of it will be used for personal expenses."

Lin Zuhui now has a lot of personal expenses, 1000 million yuan doesn't feel like it will take four or five months, and it's not a big expense.

No way, if there are more women to support, the expenses will naturally increase.

Like Guan Jiahui, Cai Ning, and Wang Zuxian, although they all have careers, their careers cannot provide for their high consumption, so Lin Zuhui took the initiative to write a check to them.

He doesn't care about that little money, although he is not yet 'financially free'.

 Today's update of 18000 words is over!
   It was recommended on July 7, and it was estimated to be 28 words updated that day!
  Half of it will be updated in the early morning (12 o'clock) of the same day, and half will be updated at [-] o'clock in the evening of the same day;
  Coincidentally, from July 7th, the update time will be changed to 29:[-] pm.

  


(End of this chapter)

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