Hong Kong's new giants

Chapter 247 [Vancouver]

Vancouver.

Since 1984, the wave of Xiangjiang immigrants to Canada began, and Vancouver, the gateway to Canada’s Asia-Pacific region, has received a large number of Xiangjiang immigrants, which has brought about major changes in the city’s ethnic structure.

This year, Li Chaoren, Li Zhaoji, Zheng Yutong, and the Imperial Bank of Canada won the development project of the former site of the Vancouver World Expo for 5 million Canadian dollars.This project is equivalent to a city within a city. It can be expected that once it is launched, it will be very attractive to those Xiangjiang immigrants who immigrate to Canada.

Lin Zuhui and his party arrived at the Constellation Hotel in Vancouver, which is a four-star executive hotel, and the Constellation Group is the largest executive hotel group in Canada, with four hotels with a total of more than 900 rooms.

The so-called administrative hotel is a customer-themed hotel developed for the needs of administrative customers. It provides all-round services such as the front desk, guest rooms, conferences, catering, entertainment, and business of star hotels, and has administrative functions for administrative customers. Compared with Hotels of the same grade have larger units, usually suites.It can better meet the needs of administrative customers for transportation, aviation, communication, conferences, exhibitions, business communications, negotiations and other administrative activities in hotels during travel.

Rather than saying that Lin Zuhui came to Vancouver this time to inspect the Constellation Hotel, it is better to say that he is inspecting the social environment of Vancouver.

Vancouver, Los Angeles, and San Francisco are all three cities on the west coast of North America, not very far away. Lin Zuhui plans to include these three cities as his family base.

The hotel industry in Vancouver is still much better than the hotel industry in the United States.

Therefore, Lin Zuhui immediately decided to buy 51% of the company's shares after inspecting the four-star Constellation Hotel in Vancouver. The Constellation Hotel Group is a listed company in Canada. After the purchase, the remaining shares have to be purchased from the stock market.

Chinese people buying listed companies in Canada will not be affected in any way, as long as you have money, it is not a problem.After the Sino-British negotiation crisis broke out, Zhan Peizhong moved to Canada and bought five Canadian listed companies in one go. Later, he found that Canadian listed companies were not easy to operate (manipulate), so he had to go to Hong Kong to do his listed "shell" business .

Two days later, Lin Zuhui and the major shareholder of Constellation Group signed an equity transaction agreement, and Cathay City officially took over the hotel group; its management team had been waiting in Vancouver for a long time, so the handover meeting went very smoothly.

After the agreement was signed, Lin Zuhui held a meeting with the management of Cathay City Hotel in the conference room.

Lin Zuhui said: "Everyone knows that after I acquire a listed company, I will never continue to operate as before. That is not my style. I have an indicator called 'purchase digestion' until 'profit expansion'. The acquisition is a real success. Therefore, for the subsequent rectification of the Constellation Group, you should give us a plan as soon as possible!"

Corbett quickly reported that he had been in contact with this hotel for almost two months, and he already had some plans.

"Constellation Hotel has performed well in recent years, but there are still many things that can be rectified. For example, which three-star hotel in Ottawa needs to be renovated. In addition, we can also integrate Aircoa's hotel management network with Constellation hotel combined”

Lin Zuhui nodded and added: "Also, the number of Chinese immigrating to Canada has increased in just a few years, and we still need to strengthen hotel investment. We can invest in a few more hotels through the listed company - Constellation Hotel. Of course, it is not a reconstruction from scratch. , but to expand the scale through acquisition, refurbishment, and inclusion into the Constellation Group!"

In fact, for the hotel industry, Lin Zuhui's final plan is:
New Era Group privatized Cathay City (100% stake) and changed its name to New Era Hotel Division.

Afterwards, the hotel rights and hotel management network acquired overseas were packaged together for overseas listing.New Era Hotel only needs to hold more than 35% of its equity, and the hotel group listed overseas will strive to develop into a world-class hotel group.

The new era hotel department will also directly invest in hotel equity, such as investing in Peninsula Hotel (100% equity, managed by a large hotel), such as investing in Hilton equity (entrusting Hilton to manage), and building its own hotel brand. invest.

Of course, no matter how many plans you have, you can only do it step by step!
The first two acquisitions in North America are expected to increase the debt of Cathay City from 7 million to 12.5 billion.Among them, Constellation Hotel is expected to cost 3.5 million yuan, while Aircoa is expected to spend only 2 million yuan because of asset spin-off.

The debt of 12.5 billion is nothing compared to the debt of 20 billion at the peak.What's more, New Times Group now directly controls 60% of Cathay City's equity, strengthening its control and better supporting the hotel sector.

On Sunday, the last day of this trip to North America, Lin Zuhui planned to accompany the two girls to have a good time in Vancouver.In the previous two days, a tour guide was also arranged to take Liangmei to have a good time in Vancouver for two days.

But in the words of the two women, without Lin Zuhui's company, they feel that some people are not familiar with the place here, and they are not very comfortable with it.

Vancouver is a city surrounded by mountains on three sides and the sea on one side. It is impossible to go to many places in a day, so I took my two girls to get familiar with this place by shopping.

The city here is big, the population is small, and there are not many pedestrians on the road, and everyone seems to be not busy, with a slow look.

"Brother Hui, I found that I suddenly like the environment here!" Wang Zuxian held Lin Zuhui's arm and said yearningly.

After the incident on the beach in Los Angeles, the two women no longer dared to hold his arms at the same time, lest they go out and get into trouble.

Lin Zuhui said with a smile: "I don't worry even if you want to move now! I will give you a five-year adaptation process. During these five years, you will mainly live in Xiangjiang and spend a certain amount of time traveling and working every year. After five years, You tell me the answer again!"

At least two babies have to be brought here, so that Lin Zuhui can rest assured that Jiao Didi's beautiful lady is here.However, Wang Zuxian has a relatively quiet personality and will not betray Lin Zuhui.

"Work?"

"Well, I will invest in some North American industries in your name in the future, don't worry, I won't treat you badly!"

When the wealth reached a certain level, Lin Zuhui planned to distribute the wealth appropriately, and these women who gave birth to his children were the best agents.

Once a woman gives birth to a child, her own capital will be severely reduced, so they can only continue to rely on Lin Zuhui.

The two women were immediately elated. This man is generous, and the property he is talking about must be worth hundreds of millions. It is not in vain to follow him without a name.

On Monday, Lin Zuhui and his party took a flight from Vancouver and began to return to Xiangjiang.

The schedule of this trip is 11 and a half days in total, and Lin Zuhui has already begun to miss everything in Xiangjiang.Of course, it's also because he doesn't have enough property in North America, hasn't arranged for women to establish bases, and doesn't have his luxury villas, etc., so his sense of belonging is indeed a bit weak.

As the plane flew across the clouds, Lin Zuhui said silently in his heart: "Work hard to make money, and strive to become a world-class wealthy family as soon as possible!"

Wednesday.

Lin Zuhui came to the office of News Building and asked Liang Botao to meet to discuss the acquisition of Yulang Group.

At 9 o'clock in the morning, Liang Botao, Long Jingchang, and Zhao Han came to Lin Zuhui's office.

Liang Botao first reported the situation of the acquisition battle to Lin Zuhui: during the period when Lin Zuhui left Xiangjiang, Wanhui Media and Huang Yulang had raised the stock price of Yulang Group to 8.6 yuan per share after two rounds of quotations.

Manfai Media currently holds 31% of the common shares and 2% of the subscription rights, consuming a total of [-] million Hong Kong dollars.

On Huang Yulang's side, he holds 40% of the common shares and [-]% of the subscription rights.

Liang Botao said: "Originally, Standard Chartered Bank and Zhan Jin Finance were forcing Huang Yulang to repay the debt, and Huang Yulang's interest plus principal needed 1.3 million. However, his old friend Qian Guozhong did not give up on him, and joined hands with Lin Jianyue to lend Huang Yulang money to redeem him. Shares back!"

Lin Zuhui was a little surprised when he heard this, why did Lin Jianyue intervene.

"So, Huang Yulang owns 40% of the shares in his own hands?"

Liang Botao said with a smile: "Qian Guozhong and Lin Jianyue are not stupid, they mortgaged the redeemed shares in their hands."

Lin Zuhui was taken aback, these two people also have thoughts about Yulang Group?

"What else does he do?"

Liang Botao said: "It's a little strange to hear that Huang Yulang is selling Yulang Center and "Shengbao" recently. It seems that he is trying to reduce the debt of Yulang Group!"

Lin Zuhui breathed a sigh of relief, this Huang Yulang is still going the same way!
"No, what kind of debt should be paid at this time! I think he is probably in a hurry, planning to make fake accounts to get the company's money, and then use it to counter the acquisition himself! Keep an eye on it, as long as you feel that Huang Yulang's hands are easy, When the takeover battle is confident, report it to the Independent Commission Against Corruption immediately. At that time, we will win immediately!"

The three of them were taken aback. No one could have imagined this. Because of this kind of thing, a chairman of the board of directors of a listed company really dared to defy the law?

After a long time, Long Jingchang took the lead and said: "It's normal to think about it. Before the stock market crash, Huang Yulang boldly used all the money raised from the rights issue to speculate in stocks. There is nothing he dare not do!"

Liang Botao also said: "Indeed! He is at the end of the road now, the shares in the market are all high-priced stocks, and he has no money. If he continues to fight, he will only fail! If we hadn't completed the acquisition at the lowest price, there would be nothing wrong with him! "

Lin Zuhui nodded. Although he likes Yulang Group, he has no plans to privatize it!And once the price is raised too high, if the shareholding exceeds 35%, a full acquisition will be required. At that time, shareholders will respond one after another, and Huang Yulang will take advantage of the high cash to cash out. This is not a cost-effective acquisition.

However, the current price is only 8.2 yuan, which actually has not reached the company's net worth of Yulang Group!
Next, everyone formulated a strategy, still slowly absorbing loose stocks in the market, not in a hurry to make a final decision!
(End of this chapter)