Started from Hong Kong Island

Chapter 140【Targeting listed companies】

Wednesday, May 10

Zhang Wentao happily carried a document across the office area and went straight to Li Wendi's office, seemingly holding good news in his hands.

Knock, knock! There was a knock on the door.

"Come in!" Li Wendi's head was still buried in his official duties, and he didn't care at all who came in.

Zhang Wentao adjusted his mood, then slowly walked into the office and sat down at Li Wendi's signal.

"Boss, we have investigated Wei Zuhui's recent business issues." Zhang Wentao handed over the documents respectfully, "Here are the specific information."

Li Wendi finally raised his head from his work, his eyes stayed on the document for a few seconds, then he took it impatiently.

"Man Fai Limited, owned by Wei Zuhui, is preparing to be listed on the Kowloon Stock Exchange, offering 1500 million new shares to the public and raising HK$1500 million. Man Fai has announced that all the funds raised will be used to purchase property land in Causeway Bay, and the search for a co-developer is still ongoing." Zhang Wentao briefly outlined the plans of Man Fai Limited.

It was a big pie in the sky, and the plan was already complete before fundraising even started.

The key is that Hong Kong citizens are really optimistic about such companies. They are known as visionary and ambitious real estate developers.

This is certainly great news. If Wei Zuhui didn't want to go public, Li Wendi would have to set up a trap for him. Now with this shallow pit, Li Wendi has saved a lot of effort.

"Haha!! Someone brings a pillow just when I doze off!" Li Wendi couldn't help but raise the corner of his mouth and sneered, "Mobilize funds and secretly acquire the shares of Wanhui Co., Ltd. We have to fight a serious acquisition war."

"Boss, Wei Zuhui holds 40% of Wanhui Company's shares, which is not a low proportion. Isn't the success rate of the acquisition war a bit low?" Zhang Wentao is more inclined to make a big profit. If the acquisition war fails, the loss will not be small.

Li Wendi glanced at Zhang Wentao and had to admit that what Zhang Wentao said made sense. The original shareholders had a high shareholding rate and the success rate had indeed dropped significantly. However, Wei Zuhui was so hateful that he didn't want Wei Zuhui to escape, even though he knew there might be losses.

"Go ahead and do it. My face is worth the money." Li Wendi's voice was heavy, and it was obvious that this decision could not be changed.

Zhang Wentao knew his boss's character, so he had to leave the office and go to prepare.

Li Wendi does not intend to bring anyone into this battle. He will conduct the acquisition battle alone. He previously planned to acquire listed companies at low prices during the economic crisis. Now he has figured it out. This is God's will. He must own a listed company before 73. So he does not intend to struggle. After all, there are many benefits to taking over a listed company.

The most important thing is that Li Wendi has never been played like this before, and he couldn't swallow the anger accumulated in his chest.

The camera then switches to the scene where Li Wendi and Deng Jiaren are discussing the joint acquisition of Gongbei Bank Building.

"I agree with your previous proposal. Let's go to the law firm to sign the contract later." Deng Jiaren said somewhat unwillingly.

"Okay, happy cooperation!" Li Wendi picked up the teacup and gestured to Deng Jiaren with a smile.

"Then let's talk about the specific acquisition plan. The owner of the Gongbei Building has just released the news. Since there are many buyers, the owner plans to use the method of submitting a tender document to let the buyers bid. What do you think is a suitable bid for us?" Deng Jiaren asked.

"The reserve price is HK$2500 million. According to market conditions, the price is usually 1% to 2% higher than the asking price. Our bid price must be above a 2% premium. Central is the most prosperous area in Hong Kong, and property prices cannot be speculated based on common sense. I suggest raising the asking price to HK$3500 million." Li Wendi analyzed with a heavy face. This price is already very high, and ordinary real estate developers would never be able to offer this price.

Deng Jiaren was a little surprised. His ideal price was 3000 million, and he thought 3000 million was already very high (4% premium). Many companies could not afford this price. He did not expect Li Wendi to be so aggressive and directly offer a 3% premium. This price was of course very safe, but the Gongbei Building was not worth this price. He did not know when it would go back up. "There is no need for such a high premium. A % premium is enough." Deng Jiaren gave in and did not dare to say the original price.

Li Wendi shook his head. "That depends on your determination, Brother Jiaren. For me, it's just an investment project, but it's different for you. Driving up the price of Gongbei Building will help promote the name of Dengji Real Estate Company. This is free advertising, and it will let at least half of the people in Hong Kong know that Dengji Real Estate is a company with absolute strength and scale."

"A 3% premium seems to be acceptable. I guess this is the ideal price in the minds of many real estate developers. So how can we win this high-quality commercial building? If we let 3500-foot real estate company win, even if this price makes -foot real estate lose millions, according to the increase in land prices in Central, it will be worth more than million in less than a year."

The little guy in Deng Jiaren's heart kept jumping back and forth between the two options of agreeing and opposing, and couldn't make up his mind for a while.

"How about Brother Jiaren, why don't you make a phone call and ask Uncle Deng what he thinks?!" Li Wendi suggested with a smile.

In fact, he couldn't help but sigh in his heart. It was really ironic that a young man was not as decisive as an old man.

How can such a person accomplish great things? In this era where opportunities are lost in an instant, only decisiveness and agility can give a chance of rising.

"Okay, then you wait a moment." Who would have thought that Deng Jiaren answered without thinking, stood up and left his seat. It seemed that he often asked Deng Songlian for instructions.

Li Wendi smiled and nodded, picked up the magazine beside him and started reading it attentively, paying attention to Deng Jiaren's facial expressions and movements when he was calling, trying to guess what he meant, but it didn't make much sense, because he would find out later that Deng Jiaren didn't have the courage to hide his intentions from Deng Songlian.

Ten minutes later, Deng Jiaren came back with a worried look on his face, and his expression was complicated when he looked at Li Wendi.

"My dad agreed and the price is 3500 million." Deng Jiaren hesitated for a few seconds before saying it.

"Okay, then let's go to the law firm to sign the contract. The day after tomorrow is the day to submit the bid." Li Wendi drank the tea in the cup, his eyes revealing a questioning look.

So the two of them went to the law firm, and since the contract had not yet been negotiated, the signing took several hours.

Before the stock market opened in the afternoon, Li Wendi stayed in the trading hall, waiting for the market to open.

"Mr. Li, Cheung Kong Holdings is preparing to go public. Do you need my help in buying some subscription shares?" Wu Xiong asked.

前世的长江实业公司于11月1日挂牌上市，此时的长江实业公司法定股本为2亿元。实收资本8400万元，分4200万股，准备以每股3元的价格公开发售1050万股新股，集资3150万元。

In fact, at this point in time, Cheung Kong Holdings was insufficient in both scale and strength. It only had 35 square feet of rental buildings, most of which were industrial buildings, with annual rental income of only HK$390 million. In addition, it had 7 sites under construction, of which only 4 were wholly owned.

However, Cheung Kong Holdings had already announced that its annual profit for 72 was expected to be 1250 million yuan. It wanted to use this as good news before listing and lay some foundation for the stock price to surge on the first day of listing.

Li Wendi couldn't help but secretly sigh at Li Huanggua's prudent business operations. This news was not real news, but it was supported by evidence, leaving people speechless.

"Of course I do. This time, Mr. Wu must do his best to help me. The potential of Cheung Kong Holdings is not much worse than that of Sun Hung Kai Properties." Li Wendi said seriously.

"I understand!" Wu Xiong thought about it and decided to give Li Wendi a heads-up. "I should be able to get 20 shares, but I can't say how much more."

"As many as possible. I'm like Han Xin recruiting soldiers. The more the better." Li Wendi remembered that Li Huanggua seemed to have issued several new shares before the economic crisis in order to buy more land. Now is just the first chance.

(End of this chapter)