Started from Hong Kong Island

Chapter 317 315 ​​[Good news comes one after another]

Soon, Zhang Wentao delivered the detailed information of Gaofu Real Estate Company to Li Wendi's desk, along with a survey report on the company's shareholders. The content was also very detailed, even including specific descriptions of these people's preferences.

Li Wendi was very satisfied with the report. He had to say that Zhang Wentao was very good at collecting information, which was also what Li Wendi admired about Zhang Wentao.

Ko Fu Properties was established in 1965. Initially, it specialized in the acquisition and leasing of properties. It suffered little loss during the crisis in the 60s, so it took advantage of the low prices in the late 60s to acquire a large number of high-quality properties. It went public at the end of 72, raising HK$4000 million and acquiring two commercial buildings in the urban area of ​​Kowloon, both of which had two or three-story shopping malls.

Although the big crash in 73 had some impact on Gaofu Real Estate Company, the impact was not significant. Although Gaofu Real Estate Company did not have the spare capacity to buy many high-quality properties at low prices, it was enough to protect itself.

These two commercial buildings are small properties, but their locations are quite advantageous. Furthermore, they are connected together, so they can be completely demolished and rebuilt. If a Grade A commercial building is built, their value can be doubled.

Of course, Gaofu Real Estate Company currently does not have the strength to demolish and rebuild, and can only wait for future opportunities.

Li Wendi was also tempted when looking at these high-quality properties. They were all good things. No wonder Dasheng Real Estate Company wanted to spend a huge price to acquire Gaofu Real Estate Company.

"Let's make an appointment with the shareholders of Gaofu Real Estate Company. I will talk to them personally and try to get more than 10% of the shares." Li Wendi said thoughtfully.

"Okay, I'll do it right away." Zhang Wentao did not leave immediately, but continued to report, "I have already found out that the other company is Xinchang Group, which is not much weaker than Dasheng Real Estate Company. They already know each other's details, and a takeover battle is inevitable."

Zhang Wentao handed over the information documents of Xinchang Group. "Xinchang Group is a non-listed real estate and construction company. It has a good relationship with the Hong Kong government. Many of its previous businesses were public works of the Hong Kong government. It also has a lot of experience in the construction of bridges, residential buildings, Grade A commercial buildings, and hotels. It has even participated in the construction of important properties such as hospitals and university facilities. It is a very powerful construction company."

"Xinchang Group's acquisition of Gaofu Real Estate may be an attempt to go public through a backdoor listing and take the opportunity to increase its strength in the local real estate industry."

Li Wendi did not respond and continued to read the documents. He had to fully understand the strength of Xinchang Group, otherwise how could he discuss cooperation.

There is no possibility or need for this company to be acquired because there is no shortage of companies with construction experience under Li Wendi's control.

"It's a good thing for us if Xinchang Group is more capable. This way we will have less pressure and can make more profit, and Dasheng Real Estate will suffer greater losses." Li Wendi crossed his fingers on the table, his face quite gloomy.

"Once we get almost enough shares, let's contact Xinchang Group." Li Wendi gave the order.

Li Wendi believes that Dasheng Real Estate Company chose to compete with Xinchang Group for the acquisition of Gaofu Real Estate Company at this time because he felt that Xinchang Group was deeply involved in the scandal of the extortion case and had no time to pay attention to the actions of Dasheng Real Estate Company. In this way, Dasheng Real Estate Company can more easily take over Gaofu Real Estate Company and complete a new round of expansion and development.

This decision was certainly correct, but unfortunately Ma Jincan underestimated the progress of the blackmail case and overestimated the strength of Dasheng Real Estate Company, causing the acquisition to be delayed to this point.

The beginning of April

Changxin Real Estate Company and Chinese Estates Holdings Limited jointly held a press conference on the acquisition of Guoda Real Estate Company, announcing to the outside world that Chinese Estates Holdings Limited acquired 6500% of the shares of Guoda Real Estate Company from Changxin Real Estate Company for RMB 73 million, becoming the holding company of Guoda Real Estate Company.

At the same time, Chinese Estates Holdings resold the land at No. 15 Chuk Yuen Road, Wong Tai Sin District to Cheung Sun Properties Limited for HK$1800 million.

At the press conference, reporters asked about the resale of 98.6 square feet of land by National Development Group to Changxin Real Estate Company. Li Wendi honestly stated the plan of Changxin Real Estate Company and the exchange of a large number of properties with National Development Group, including industrial buildings in North Point, Kowloon Bay and other areas, and popular shops in the urban area of ​​Kowloon.

Li Fook-Chiu of Chinese Estates Holdings took the opportunity to announce the asset value of National Development Group and some important property assets, letting many reporters know that National Development Group is worth the price.

This also invisibly exposed the strength of Changxin Real Estate Company. A reporter grasped this key point, but Li Wendi said that this was a press conference of Guoda Real Estate Company and it was not convenient to answer questions about Changxin Real Estate Company.

Li Wendi's words aroused the curiosity of the reporters, who all wanted to know the true strength of Changxin Real Estate Company.

Li Wendi is of course happy to let reporters dig deeper, as this will not only satisfy the public's curiosity, but also increase the share price of Changxin Real Estate Company. After all, share prices are generally linked to asset value.

At the same time, the Hong Kong Chuang's Group held a press conference and announced the merger of Chuang's Development Co., Ltd. to further integrate the Chuang's family power.

合并方案是每10股面值3元庄士集团新股置换每40股面值0.6元的庄士发展公司股票，每股庄士发展公司股票附加0.2元现金。

Li Wendi had previously exchanged a lot of shares of Chuang's Development Company from Sun Hung Kai Securities, accounting for about 7% of the total share capital. If calculated according to the merger plan, Li Wendi will hold about 1% of the shares of Chuang's Group. Therefore, due to Li Wendi's identity and the shares he held, Chuang's Group sent someone to Changxin Real Estate Company to discuss the stock exchange.

The Chuang's Group was established in 71 and listed in 72. Its founder is Chuang Chung-man, who started out as a condiment manufacturer. In 60, he entered the tableware market and produced stainless steel tableware. He was known as the tableware king of Hong Kong. When he was listed in 72, he entered the textile industry and established "Chuang's Fibre Co., Ltd.". Now, he has established the well-known "Neng Da Technology Co., Ltd." in his previous life, specializing in electronic quartz watches, telecommunications equipment and other products.

The reason why Nengda Technology Company became famous is due to Liu Luanxiong's sniping. It is Liu Luanxiong's second sniping company. Although it only made a profit of 650 million yuan, it caused the Chuang's Group to lose more than 2000 million yuan, and hated Liu Luanxiong to the core.

Li Wendi thus remembered this company. Of course, Nengda Technology Company has not yet been listed.

However, with the support of the Chong Hing Group, the rise of Nengda Technology Co., Ltd. is just around the corner.

Zhuang Zhongwen was born in 12 and is now 64 years old. Although his suit fits him well, his skin is loose and he looks like an elderly person.

He brought his 25-year-old son Zhuang Shaosui to discuss with Li Wendi the matter of 7% of the shares of Zhuangshi Development Company, which seemed more sincere.

"Mr. Zhuang, you are the senior, and I should be the one visiting you." Li Wendi said politely and shook hands with the father and son of the Zhuang family with a smile.

"Mr. Li, you are too polite! I am here to ask for help. It is unreasonable for me to let the person I am asking for help come to me." Zhuang Zhongwen and Zhuang Shaosui sat down, some distance away from Li Wendi's seat.

Li Wendi smiled and changed the subject, "I have heard from my subordinates about the purpose of Mr. Zhuang and Mr. Xiao Zhuang's visit. I have no objection to your plan, but I hope to increase my holdings in the Zhuangshi Group. I wonder if Mr. Zhuang can agree to it?"

"Don't worry, Mr. Zhuang! I just want to join the board of directors of Zhuangshi Group. This is just an investment. I don't have any other ideas about Zhuangshi Group. In fact, the most important purpose is that my electronics company hopes to cooperate with Nengda Technology Company to develop the market for electronic products."

The business of Gad Electronic Manufacturing Company is more focused on the processing of electronic products rather than research and development. He Qijun does not attach much importance to Gad Electronic Manufacturing Company, so the company is now in a half-dead state. Li Wendi is too busy to take care of the plans he had previously thought of for Gad Electronic Manufacturing Company.

Now is a good opportunity. Even if it becomes a processing manufacturer of Nengda Technology Company, it will be a good thing for Gad Electronics Company to understand the market situation of electronic watches in advance.

Seeing this, Zhuang Shaosui whispered in Zhuang Zhongwen's ear, and then Zhuang Zhongwen responded, "Mr. Li wants to join the board of directors of Zhuang Group. I can agree to this request, but Mr. Li and your company cannot hold more than 16% of the shares of Zhuang Group. This requires an agreement. What do you think, Mr. Li?"

Li Wendi smiled and nodded, "Okay."

"As for the cooperation with Nengda Technology Company, I still need to discuss it with the directors. Mr. Li, please understand!" Zhuang Zhongwen did not agree directly.

"Okay, I'll wait for Zhuang Sheng's good news." Li Wendi said.

After the Zhuang father and son left, Li Wendi immediately called Hu Jinyan and asked him to purchase about 5% of the shares of Zhuangshi Group from the stock market. There was no need to purchase it secretly, but to do it openly.

With the sale of Guoda Real Estate, Changxin Real Estate's funds were greatly supplemented. Li Wendi then met with six shareholders of Gaofu Real Estate in one day and acquired 6% of the shares from them at a 2% premium.

Such a move naturally quickly attracted the attention of Xinchang Group and Dasheng Real Estate Company. Initially, the two companies did not want to take action too early to make shareholders alert, causing the stock price to rise sharply. As a result, their plans were ruined by Changxin Real Estate Company in one go.

Stock investors noticed that Changxin Real Estate Company was planning to acquire Gaofu Real Estate Company, so a large number of stock investors flocked into the stock market and bought shares of Gaofu Real Estate Company. The stock price skyrocketed in a short time, with the increase reaching 10% within an hour.

Dasheng Real Estate Company, feeling the pressure, announced its acquisition in public, purchasing Gaofu Real Estate Company's shares at a 3% premium. Xinchang Group naturally did not want to lag behind, and also announced its acquisition, with the price slightly higher than that of Dasheng Real Estate Company.

Investors have learned a lesson from many acquisitions and are no longer willing to give up their shares too easily or too early. They insist on waiting for the price to rise again.

The top management of Xinchang Group was very happy because they knew that Changxin Real Estate Company only held 8.3% of the shares and was not suitable to acquire Gaofu Real Estate Company. In addition, Li Wendi, the boss of Changxin Real Estate Company, was the sworn enemy of Dasheng Real Estate Company, so the situation became favorable for them.

Therefore, the helmsman of Xinchang Group immediately visited Li Wendi, hoping to get Li Wendi's support to defeat the strong opponent Dasheng Real Estate Company, successfully acquire Gaofu Real Estate Company, and complete the company's new round of plans.

Of course, Li Wendi would warmly entertain this "enemy of my enemy". He was also thinking of giving Dasheng Real Estate Company a severe setback.

(End of this chapter)