Started from Hong Kong Island

Chapter 316 Chapter 314 [Tit for Tit]

Dasheng Real Estate Company is worthy of being the flagship company of an old family like Ma Jincan. It has a strong recovery ability. It lost tens of millions in the anti-takeover case and the acquisition of Yongchangsheng Real Estate Company, but recovered in just a few months.

According to Zhang Wentao's report, Dasheng Real Estate Company has sold many of its properties, which seems to be a big move. Zhang Wentao guessed that it was an acquisition, otherwise it would not require so much money.

Dasheng Real Estate Company already has a large amount of land reserves. Ma Kam-chan does not have the same long-term vision as Sun Hung Kai Properties' Kwok Tak-sheng. He believes that Dasheng Real Estate Company's current land reserves are sufficient for development, and what will happen in a dozen years is still unknown, so there is no need to increase land reserves on a large scale.

When Li Wendi was researching Dasheng Real Estate Company, he had already guessed Ma Jincan's strategy and firmly believed that this was not an acquisition of land.

"Boss, if this is a takeover case, should we snipe Ma Jincan?" Zhang Wentao said with fighting spirit in his eyes.

Li Wendi certainly wanted to snipe Ma Jincan, but he was very calm. Changxin Real Estate Company did not have sufficient cash. After the acquisition by Guoda Real Estate Company, it was competing with Dasheng Real Estate Company for the land released by Chinese Estates Company. Cash was difficult to supply.

"How much funds does the company have left?" asked Li Wendi.

Zhang Wentao felt a little guilty and said, "Maybe a few million."

Zhang Wentao reported the matter in order to attack the acquisition, but he knew that Changxin Real Estate Company did not have enough funds to attack, which seemed to be a clear way to create problems for his boss.

"Let Manager Lin prepare. We need to call on investment funds from the stock market at any time." Li Wendi added, "We need to hurry up and transfer the land of Guoda Real Estate Company. I plan to resell Guoda Real Estate Company to Chinese Estates Holdings. This way, we will have enough money to snipe Dasheng Real Estate."

Li Wendi was worried that the acquisition of Dasheng Real Estate would take place before the sale of Guoda Real Estate, so that funds in the stock market could be used first.

Chinese Estates Company?!
Zhang Wentao was a little surprised. Could it be that they had reached an agreement when they went to discuss the land project? The boss was really amazing. He killed two birds with one stone!
"Okay, I will speed up the process." Zhang Wentao responded.

Li Wendi ordered, "Go make a list of Guoda Real Estate's assets, including the properties that have not yet been transferred, and send it to Chinese Estates."

"Yes!" Zhang Wentao nodded.

Li Wendi really misses the time when the stock market was booming. Raising funds and issuing shares could solve the problem of funds, and there was no need to worry like now. He remembered that in his previous life, Liu Luanxiong raised funds and issued shares several times within a year, with the amount reaching more than 20 billion yuan.

It can be said that Liu Luanxiong became rich thanks to his previous life's Chinese Estates Holdings and China Entertainment Holdings. Without these two companies, Liu Luanxiong would not have been able to become one of the top ten candidate chaebols in Hong Kong.

The Lu Yu extortion case has cooled down a lot. Reporters have already found out the court's opinion on the case. Lu Yu has been found guilty of extortion. As for how many years he will be sentenced to, it is still under discussion, and the probability is that it will be three years.

The reason is that Lu Yu cashed a check from the bank, but before he had time to spend it, he returned the money to Li Wendi in time. He pleaded guilty, so the sentence would be slightly lighter.

The British Chief Justice has a very bad temper and may not even give face to the Governor of Hong Kong, so reporters dare not question the court's judgment, even if the verdict has not yet been issued.

After being comforted by He Qijun, Li Xiaonan's mood improved greatly and he is now studying professional courses with a tutor.

He Qijun told Li Wendi that Li Xiaonan was not afraid of rumors, but felt that he had done something wrong and brought great trouble to Li Wendi, so he was in a low mood.

"Silly girl!" Li Wendi scolded with a smile, "We are all family, there is no need to cause any trouble. You too, if you need any help, please speak up as soon as possible to avoid making things worse."

"Yes, I know!" He Qijun smiled and nodded, "We are a family."

"Let's get married next year." Li Wendi looked at He Qijun tenderly, "What do you think? Or do you want to continue observing me?"

He Qijun shook her head and said, "Okay, then we'll get married next year. But I want a grand wedding, which will probably cost a lot of money."

Li Wendi raised a finger and said with a laugh, "1 million, is that enough?"

He Qijun was slightly stunned. She was thinking that 20 or 30 million would be enough, but Li Wendi directly offered 100 million.

She is not a woman who spends money profusely. She knows very well how much one hundred million can do.

"No need for so much! 2000 million is enough." He Qijun said.

"Well, let's let others start helping us prepare, and I will also start reserving funds for processing." Li Wendi touched He Qijun's head.

Li Wendi had the idea of ​​getting married a long time ago, but he was always busy with important tasks. Now that he has taken over two major companies, Wharf Holdings and China Gas Company, the foundation of the Li family's wealth has been laid. Even if he cannot take over other high-quality large companies, it will definitely be one of the four or five major families in Hong Kong.

One daughter, Li Wan, is not enough. It is not that a daughter cannot inherit the family business, but that the offspring are not prosperous enough and accidents must be prevented.

Of course, Li Wendi is only 26 years old and can arrange everything calmly and easily.

The second hearing of Lu Yu's extortion case was in mid-to-late May, and Li Wendi appeared in court alone.

The judge and jury completed the process and announced the verdict: Lu Yu was found guilty of extortion and sentenced to four years and six months in prison, suspended for three months.

Li Wendi was not very satisfied with the result, but he would not have any objection. After all, in Stanley Prison, many things could change.

This time, when Li Wendi came out of the court, he no longer accepted interviews from reporters because the matter had come to an end. Reporters would only focus on Li Wendi's attitude, so there was no need to pay attention to them at this time.

However, those reporters still chased after Li Wendi, trying to create some news to increase the sales of newsprint.

Watching Li Wendi's car go away, a beautiful reporter said, "Let's go to the Repulse Bay Villa and wait. I don't believe the Li family won't do other things."

Upon hearing this, other reporters also went to Repulse Bay or Li Wendi’s company to wait.

Back to Changxin Real Estate Company
Zhang Wentao handed the acquisition proposal of Guoda Real Estate Company sent by Chinese Estates to Li Wendi and said, "Boss, this is the acquisition proposal sent by Chinese Estates. Chinese Estates is willing to sell the land at No. 15 Chuk Yuen Road, Wong Tai Sin District to us for 1800 million."

Li Wendi took the document and flipped it open to read, "What is the current share price of Guoda Real Estate Company?"

The land on Zhuyuan Road was priced at a premium, so the acquisition by National Development and Reform Commission must also be priced at a premium.

"According to the boss's intention, the share price has been raised in advance. It is now 1.13 yuan per share." Zhang Wentao said with a smile, "The 73% equity we hold is worth more than 5700 million yuan, which is more than 1000 million yuan higher than before."

Although the previous share price was 0.56 yuan, it was at a premium when it was acquired, so there was a profit, which was caused by Li Wendi's prior preparation.

Chinese Estates' offer was 6500 million, a premium of more than 1%, which was quite generous. However, the down payment was 3500 million, and the remaining 3000 million plus interest would be paid off within six months. Li Wendi nodded, this method was still acceptable, "Let's increase the down payment to 4000 million. As for the interest, we can waive it, it's only a few hundred thousand."

The down payment of 4000 million yuan is enough for the new real estate company to recover its cost funds. Of course, the value of those properties is still unable to estimate losses or profits.

However, at present, Changxin Real Estate Company paid a considerable price to acquire millions of square feet of land from Cathay Real Estate Company.

"Yes, I will propose it to the people from Chinese Estates Holdings in person. I don't think they will refuse," said Zhang Wentao.

"What's the news from Dasheng Real Estate Company?" Li Wendi asked.

Zhang Wentao replied, "Ma Qingwei from Dasheng Real Estate often goes in and out of Huoduoli Company. He should have started to secretly purchase target companies. We can't find out their specific actions for the time being."

There are many listed companies in Hong Kong. Large-scale screening will require a lot of manpower and resources.

Li Wendi thought for a moment and said, "Give me a list of high-quality small and medium-sized enterprises that own a large amount of real estate. Make sure it's detailed and quick."

"If it's new, it may take a longer time. If it's from last year, I do have a copy." Zhang Wentao glanced at Li Wendi and said.

"Bring it to me, and call some staff to help." Li Wendi was well aware of the workload involved, and he and Zhang Wentao had no idea how long it would take to finish.

"Yes, I'll go right away!" Zhang Wentao left the office.

A moment later, several employees gathered in the conference room. According to Zhang Wentao, they were all capable talents of the company.

Li Wendi nodded, said a few words of encouragement, and then began to explain some screening criteria, such as the proportion of properties and how much the asset value is higher than the market value.

After an afternoon and several hours in the evening, the nine people narrowed down eight companies that met the requirements.

Li Wendi went through the information of these companies one by one, and eliminated three of them. He gave the list of the remaining five companies to Zhang Wentao and asked him to find a securities company to keep an eye on them. If there were any changes in the stocks of these companies in tomorrow's stock market, he would then look for the account companies that purchased them.

Li Wendi was busy until after two in the morning before he returned to the Repulse Bay villa to rest.

Around 11 o'clock the next morning, Zhang Wentao made an emergency call and said that he had found the company.

Li Wendi got up immediately, tidied up his personal appearance, and hurried to Changxin Real Estate Company.

"Boss, I found out. It should be Gaofu Real Estate Co., Ltd. However, it is not only Dasheng Real Estate Company that is acquiring this company. There is another company as well. We don't know the name yet. We just found out the entrusted securities company." Zhang Wentao reported.

"Do the two companies know of each other's existence?" Li Wendi asked thoughtfully.

"They should know. They have already made some moves to buy shares, but they are afraid of alarming shareholders and causing the stock price to rise sharply," Zhang Wentao replied.

"Then we can't rush into the stock market to grab shares. Even if we rush in, we won't be able to buy many stocks." Li Wendi murmured to himself. Having two companies competing for shares has both advantages and disadvantages.

The advantage is that Dasheng Real Estate Company's shareholding is definitely not high. The disadvantage is that Changxin Real Estate Company cannot start from the stock market and move on to shareholders, which can easily cause market reactions.

The overall situation is not favorable for Changxin Real Estate Company's sniping, but it can still do it by force, and its chances of winning are higher than Dasheng Real Estate Company. After all, it is a two-on-one situation.

Changxin Real Estate Company wanted to make a profit and exit, not to really acquire Gaofu Real Estate Company.

"Immediately collect detailed information about Gaofu Real Estate Company, especially the information about the directors who hold shares." Li Wendi stared at Zhang Wentao and said, "Hurry up, this is our only chance."

Li Wendi glanced at Zhang Wentao's back. The specific shareholdings of the two companies should be similar, otherwise one of them would have raised the stock price and taken the opportunity to cash out.

He liked this kind of stalemate very much, because with the presence of a third party, it was easy to break the balance and Changxin Real Estate Company would make a lot of profit.

"Ma Jincan, you will have to pay me back what you owe me sooner or later." Li Wendi sneered, as if he had already won the acquisition battle.

At the same time, Li Wendi did not forget to instruct his subordinates to spread the news of the acquisition of No. 15 Zhuyuan Road and the sale of Guoda Real Estate Company, so as to increase the stock price and facilitate the implementation of the subsequent fundraising and share offering.

Metropolitan Real Estate Company
Gao Yi handed over a very interesting document. The content of the document was an industrial building that seemed to be fine but actually had risks.

Li Wendi looked at Gao Yi with some doubts. Gao Yi explained very tactfully, "Cai Ziming's company is still frantically acquiring industrial buildings. Perhaps we can give this gift to him."

Li Wendi suddenly realized and nodded, but asked, "We can see that there is a problem, and Cai Ziming may also be able to see it. How do you want to prevent Cai Ziming from seeing it?"

"Cai Ziming's subordinates who are responsible for collecting information have a bad habit of making money. As long as the owner has money to bribe, Cai Ziming may not see these problems." Gao Yi said.

"It's a good idea! But it can't have anything to do with us. If Cai Ziming calls the police, we will be in trouble." Li Wendi had long wanted to punish Cai Ziming. He was responsible for Lu Yu's extortion case.

"Don't worry, I will handle this matter properly and it will not have anything to do with Capital Real Estate Company." Gao Yi assured.

Li Wendi nodded slightly. An industrial building only cost a few million. It would not make Cai Ziming bankrupt, but it could put Cai Ziming in big trouble, and he would be so busy that he wished he could learn the art of splitting himself.

Don't forget that Li Wendi was also questioned by the directors at the beginning. It is not easy to convince the directors. What about the shareholders?

I'm afraid it would make Cai Ziming's scalp tingle.

Several people who colluded with Cai Ziming have been found, such as Chen Fenben and his son from Chen's Jewelry Company, Hu Zengqiang from Taiwei Real Estate Company, and Wu Lixing from Mingcheng Real Estate Company. There are even some signs that they are targeting Jardine Matheson Company.

These people bribed some newspapers, either openly or covertly, to fan the flames, and even contacted Lu Rui directly and made some promises to Lu Rui, causing the matter to become more and more rampant.

Now that Li Wendi has escaped, he naturally has to "repay" them one by one, but there is no rush, nor is he worried that they will form an alliance, because Li Wendi does not want to spend a lot of money to deal with them, so it seems to be a good idea to keep them always on edge.

This reminded Li Wendi that the wealthy people in his previous life didn't seem to be as capable as he was. Unlike him, they didn't have as many troubles as he did. Others seemed to have only some lawsuits and competition.

In fact, what Li Wendi didn’t know was that the wealthy people in his previous life also had the same troubles, but they didn’t want to be laughed at by others, so they just dealt with it coldly, and even spent a lot of money to buy newspapers to intercept the news.

(End of this chapter)