Chapter 198: Conspiracy at the Grand Hotel

After explaining the affairs of the newspaper group, Jiang Tianen turned his attention to Xu Wenbiao of the real estate company.

Xu Wenbiao adjusted his eyes and cleared his throat.

"Boss! A 150-unit unit of New Territories Meiye Homes (formerly the residential land of Wuxian Group) was sold out as soon as it opened last month, with a return of 380 million; the office building in Causeway Bay received [-] million; a total of [-] units in Wan Chai and Sai Kung A total of NT$[-] billion was withdrawn from the project, and a total of NT$[-] million was withdrawn from the three plots of land. After repaying Huaye’s loans and interest and the builder’s project payment, there is still a net profit of HKD [-] billion left in the book balance.”

Jiang Tianen nodded with satisfaction. The development funds of this real estate company are considered empty-handed. It was started with Huaye funds. He did not invest an extra cent. This quarter, it brought in a profit of [-] billion Hong Kong dollars. How strange is that? It is said that the most profitable business in Hong Kong, besides real estate, is finance!

Seeing the approval of his boss, Xu Wenbiao also looked proud. The Jiang Group has developed faster and stronger than the original Litian Real Estate. After all, in order to raise development funds, Litian Real Estate raised external financial interest rates to 18%. , there are not many people here to raise funds, and we can only rely on Ye Rongtian to create stories in the stock market to make money.

Jiang's Real Estate is different. It relies on Huaye Bank and has a steady stream of low-interest loans.

The only thing that restricts the development of real estate companies is capital. As long as there is continuous financing investment, Xu Wenbiao is confident that Jiang's Real Estate will be among the top ten in Hong Kong within five years!

Huaye Bank is the biggest backer of Jiang's real estate. There are no complicated approval procedures or risk reviews; as long as it is financing for real estate companies, its own friendly banks will provide unlimited support.

Real estate companies are like tigers with wings, unstoppable.

"Boss, all the property rights of the old houses in Yiu Tung Estate, Shau Kei Wan, Eastern District are in our hands." Xu Wenbiao said another piece of good news.

The old house in Yaodong Village was the land that was to be developed by Ye Rongtian Litian Real Estate. After it was acquired by the group, it was outsourced to Han Bin's construction company to take over the house. It was also the place where the previous battle with Huang Zhenlong took place.

The entire plot covers an area of ​​more than [-] acres, which is considered a big project in Xiangjiang itself.

Just the first step of closing is a difficult job.

Fortunately, there are community members like Hongxing who are at the front, and all the dirty work that companies cannot do is left to professionals like them, so that the house can be completed in just half a month.

Even better is that this land is adjacent to Quarry Bay.

"Boss, we have planned this land to build a high-end community and maximize profits."

Jiang Tianen shook his hand: "Yes, but the developed houses will not be sold for the time being!"

"Boss, I'm afraid the financial pressure will be great."

Real estate is a high-turnover project, and generally the shorter the time required to acquire land for development and sale, the better.

But the boss actually asked that the project being developed be temporarily not available for sale?

Xu Wenbiao looked at his boss with doubtful eyes.

Little did he know that news about the large-scale development of Quarry Bay would be announced soon. The surrounding government would launch supporting facilities in the near future. If he wanted to maximize the profits from this land, of course he would stock it up and wait for the government supporting facilities to be built before selling it.

Of course, as a boss, you don’t have to explain everything to your subordinates: “Just do it.”

Seeing that his boss's will was firm and unchangeable, Xu Wenbiao had no choice but to nod in agreement.

Finally it's Jimmy Tsai's turn.

"Boss! The filming of "Saw" has been completed. There are no special effects shots for this movie. The post-production will only take a few days. The production of promotional posters will begin. We also need the support of Mr. Chang's New Territories Printing Factory."

Chang Man from the newspaper group nodded quickly: "This is what it should be."

"When are you going to schedule Jimmy's schedule?"

"Boss, I've done some research. Next month in September, there will be a fight among the gods in the Hong Kong film industry. There will be Wong Kar Wai's Chungking Express, Kung Fu Emperor Jet Li's Fist of Heroes, and Xing Zai's Ninth Grade Sesame Officer. In October, Fat Brother's God of Gamblers, Cheng Long Drunken Master. Should we avoid the limelight for these two months?"

Jiang Tianen lit the cigarette in his hand.

[-] is also called the pinnacle year of Hong Kong movies. Not to mention the past two months, there will be a lot of blockbusters from the next to the end of the year. Action movies include Jackie Chan and Jet Li, comedies include Star Wars, and feature films include Chow Yun-fat. These are all box office successes. A multi-million blockbuster movie.

Although Jimmy is full of confidence after watching the film, he still has some concerns about competing with many blockbusters.

Jimmy once went to investigate and found that there are more than [-] theaters in normal operation in Hong Kong, and most of them belong to the three major film companies.

Golden Harvest Film Company's Jiale Cinemas, Shaw Brothers Movies, and the Lei Family's Golden Princess Cinemas.

By the way, Lin Jianyue, who was once jealous of Jiang Tianen, also has some scattered theaters.

In addition to the above, there are also some left-wing cinemas and independent cinemas, such as Imperial Cinema and Asia Star’s own cinemas.

Jiang Tianen guessed that for new film and television companies like Asia Star, the number of screenings given by big theaters would be pitiful.

Even though the Chiang Group is reserving theater locations in commercial real estate for the future, water from afar cannot quench the thirst for nearness.

"Jimmy, I suggest that instead of premiering in Hong Kong, you find some post-production dubbing to change the entire film into English (the cheapest way is not to find dubbing, just change the subtitles to English, but European and American movies are not in the habit of reading subtitles. ) Didn’t that damn Liangkun’s pornographic film company have in-depth cooperation with those Americans? Try to release the film in Europe and the United States."

Whether people in Hong Kong love watching horror movies, of course they do.

But what they like to watch are comedies, action movies, and romance movies disguised as horror movies.

Pure CUT films like Saw may not have a big market.

Jiang Tianen's impression is that in the parallel world, this film has no chance of being released in Hong Kong Island. Instead, it has become a huge hit in Europe and the United States.

These European and American ghosts love plasma tablets with strong flavors. The production cost was only a few million, but the box office revenue was over [-] million. The video revenue was a full [-] million U.S. dollars. I don’t know how many European and American perverts collected and purchased it.

"Okay, boss, I will communicate well with those overseas channels."

"Jimmy, remember! We can make concessions on the overseas box office commission of this film, or even spend money to co-release it, but it is limited to this one; and the most important thing is that the revenue from the video tape must not be compromised."

Without major profit concessions, those overseas channels will simply not distribute a foreign work.

Most of Heung Kong's overseas distribution is a buyout system, that is, foreign companies come to buy out the overseas distribution rights at a fixed price. As for the post-production video tapes and box office revenue, Heung Kong Film Company has nothing to do with it.

Other film companies have small businesses and cannot afford to lose money, but Asian Star is different because it relies on the Chiang Group and has an endless source of money behind it.

Jiang Tianen is ready to use his financial capabilities to open up overseas distribution channels, and is even willing to give in on box office revenue.

The first step of the Long March is the most difficult. In the early stage, you need to ask others to cooperate.

He believes that as long as the first film is an instant success, the eight major Hollywood film and television companies will surely wave their money to seek cooperation after seeing the benefits.

After Jimmy heard the boss's arrangement, he immediately knew: "Boss, I know how to deal with it!"

The three CEOs of real estate, newspaper and film and television companies finished their reports.

The information of these three branches is published at any time, and there is no undisclosed information.

As for the legal department, under the leadership of Ou Yong'en, they registered Mr. Whammy and VCD patents around the world.

Next was a secret working meeting between Asia Dragon Investment Company and Huaye Group. There were many people talking, and the branch office that had finished the report was asked to leave.

Only the group president Gan Guoqing, investment company vice president Chen Taotao (Fang Zhanbo and Luo Minsheng had already rushed to the United States to short-sell U.S. debt), Huaye Bank Liang Jinsong, and Minutes Secretary Su Na were the only ones left at the scene.

When there were only a few people left in the conference room.

Jiang Tianen turned to Chen Taotao and asked, "By the way, Yang Zhiyun died of lung cancer some time ago. How is the Miramar Hotel now?"

The Yang Zhiyun mentioned by Jiang Tianen is the founder of Miramar Hotel.

It was founded in 1957. At that time, the other two co-founders, He Shanheng and He Tian, ​​were also legendary figures in Hong Kong. He Tian is the brother of King Ho Xian of Macau. Several of them also founded the famous Hang Seng Bank in Hong Kong. They invented the famous Hang Seng Index.

Miramar Hotel, located at 118-130 Nathan Road, Tsim Sha Tsui, Kowloon, Hong Kong, is a luxurious five-star hotel in Hong Kong. It opened in 1957 and provides a total of 525 rooms, including 183 single rooms and 329 double rooms. rooms and 13 suites. The hotel is managed by Miramar International Hotel Group.

Miramar Hotel is strategically located and has convenient transportation. It is close to Tsim Sha Tsui Station on the MTR Tsuen Wan Line, East Tsim Sha Tsui Station on the West Rail Line and the China Ferry Terminal. It only takes ten minutes to get to and from Hung Hom Station on the MTR East Rail Line/West Rail Line. The hotel once stood on an old site, but it was demolished in 1988 and rebuilt into today's Miramar Mall.

This brand has an extraordinary status in the hearts of Hong Kong people. Together with Peninsula Hotel, it is known as the two major hotel brands in Hong Kong.

Yang Zhiyun passed away in 1985, and his son Yang Bingzheng took over the Miramar Hotel. The company's equity belongs to the Yang family trust fund, and the beneficiaries include Yang Bingzheng's mother and several of his brothers and sisters. At that time, except for Yang Bingzheng, most of the other brothers and sisters had immigrated to the United States and Canada, so they all hoped to sell their shares in Miramar Hotel and then develop their own careers. Yang Bingzheng hoped to continue developing his father's career, so internal conflicts arose. Yang Bingzheng has been working at Miramar Hotel since he was young. He started as an ordinary employee and later became the top leader of the company after his father passed away. However, Yang Bingzheng's ability has not been recognized by the market and other shareholders of the company. Yang Bingzheng once expressed his bitterness to the media, saying that his plans were often hampered and he was unable to truly exert his abilities. Because Miramar Hotel is caught in internal and external troubles.

In the past few years, the fight for family property among his subordinates has become increasingly fierce, and they even went to court.

The second generation of the Yang family has no idea of ​​continuing to develop the hotel.

The competition has even caused many hotel talents to leave, and the profits of hotel operations have been declining year by year.

This year the struggle became more intense, and no one was convinced; so they simply announced the sale of Miramar! Cash out and leave.

This incident directly ignited the whole of Hong Kong, causing various financial groups to take action.

Follow another timeline.

Li Bancheng is a business master, so he naturally saw this opportunity.

This company owns a lot of property assets in Hong Kong and has also entered the mainland market. At that time, the Miramar Hotel owned three properties in Tsim Sha Tsui, Hong Kong. Among them, the Miramar Hotel and Kee Wen Building had equal redevelopment value. When these two properties were being built, the height of the project was restricted due to Kai Tak Airport, so the project The floor area ratio was not used up. Later, Kai Tak Airport was demolished, so the two business towers could be rebuilt to increase the height. According to market estimates at the time, the cost of rebuilding the two properties was 9.5 million, and the total value increased by 22.33 billion after reconstruction.

The market value of Miramar Hotel exceeds [-] billion, second only to Peninsula Hotel. If calculated in terms of real net assets, Miramar is even higher than Peninsula Hotel. This company's business is spread all over the world, and it has invested in hotel properties in Canada, the United States and Japan. Its core industries in Hong Kong are the Miramar five-star hotel and Miramar Tower, and it also controls several time-honored catering brands in Cuiheng Village.

The name is resounding.

This is an extremely plump piece of meat, and countless people are staring at it and thinking about it.

So Li Bancheng started to pay attention to this company.

At that time, many people were attracted to the Miramar Hotel, including Rong Zhijian, a wealthy mainland man. The status of Rong Zhijian's father at that time was beyond the comparison of ordinary people. In addition, Hong Kong jewelry king Zheng Yutong secretly absorbed shares in the Miramar Hotel in the market.

Later, Rong Zhijian and Li Bancheng cooperated to form a consortium and announced the acquisition together. CITIC Futai, controlled by Rong Zhijian at the time, had a market value of 300 billion and was one of the top ten consortiums in Hong Kong. Not long before the consortium was established, Li Bancheng and Rong Zhijian had just joined forces to acquire Hengchang Company, one of the shareholders of Miramar Hotel, He Shanheng, which involved 60 billion in capital at the time. This acquisition made Li Bancheng himself 7.8 million, and also helped Rong Zhijian successfully swallow up Hengchang Company, greatly strengthening his own power. Two years later, the two of them repeated their tricks and targeted the Miramar Hotel. Soon Li Bancheng and Rong Zhijian announced the acquisition of Miramar Hotel for 2 yuan per share. Yang Bingzheng believes that the company is worth at least 15.5 yuan per share. At that time, Li Bancheng said that his side was directing the kind acquisition after Yang Bingzheng. Yang Bingzheng said in the media that Li Bancheng and others made a hostile takeover, but the strange thing is that a few days later, Yang Bingzheng came out to apologize.

Another acquisition force is Lee Shau Kee.

Yang Zhiyun was a good friend of Lee Shau Kee. The two men once opened a gold shop together in Xiangjiang. After Yang Zhiyun's death, Li Bancheng planned to annex the Miramar Hotel. At this time, the Yang family asked Li Shaoji to help. As a result, Li Bancheng did not give Li Zhaoji face, and the two started a capital war.

What Li Bancheng didn't expect was that the acquisition he was bound to win was suddenly taken over by Lee Shau-kee. Soon after, Yang Bingzheng suddenly announced that he had sold 34.7% of the shares of Miramar Hotel to Li Bancheng's good friend Li Shauji at a price of 17 yuan per share. Li Shauji spent a total of more than 80 billion.

 The new book "Entertainment: Add a little bit to become a king" seeks support

  

 

(End of this chapter)

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