Started from Hong Kong Island

Chapter 364 362 [Adventure]

Wan Chai Jianli Building, Xiangjiangzai Jinghui Garden, Wan Chai Phoenix Terrace Luxury Residential Building
When Zhao Lekai opened the document, he was dumbfounded. Although he only had half the rights and interests in most of the properties, they were all priceless. It could even be said that even if he had money, he might not be able to buy them all.

"Boss, this is a property owned by Cheung Kong Holdings. Are they planning to exchange it for our shares in Hutchison Whampoa?" Zhao Lekai asked doubtfully.

Li Wendi nodded and said, "Yes, Li Jiacheng plans to acquire 6% of Hutchison Whampoa's shares at a 3% premium, and the properties will be traded at market prices."

Zhao Lekai's eyes widened. This was a huge bargain. These properties were worth more than 6% of Hutchison Whampoa's shares.

In fact, whether a property worth 5 million yuan is worth 6% of Hutchison Whampoa shares is a matter of opinion, but for Li Jiacheng, it is definitely worth the money.

Only as long as Li Jiacheng controls Hutchison Whampoa can Cheung Kong Holdings usher in a qualitative change. After all, Cheung Kong Holdings has withdrawn from the plastics industry and focused on real estate development and rental of a small amount of properties.

Watsons, a subsidiary of Hutchison Whampoa, is a flagship retail company with businesses including retail, supermarkets, pharmaceuticals, beverage production, etc. Kwan Yik Warehouse is the largest warehouse company in Hong Kong and holds shares in international container shipping companies.

These are just the businesses of the two listed companies. Hutchison Whampoa itself also has huge businesses, including ship repair, transportation, manufacturing, etc.

This will allow Cheung Kong Holdings to successfully enter many fields and occupy some markets. Otherwise, it might take Cheung Kong Holdings more than ten years to build an industry of such scale.

In Li Wendi's opinion, let alone a property worth 5 million yuan, even if it was a property worth 15 billion yuan, Li Jiacheng would exchange it without hesitation.

This is the difference between small entrepreneurs and big entrepreneurs.

"Starlight Real Estate Company only holds 4.7% of Hutchison Whampoa's shares. We don't have 6%." Zhao Lekai suddenly remembered this cruel fact.

Li Wendi waved his hand and said, "Don't worry! Changxin Group holds 1.4% of Hutchison Whampoa's shares. You just need to prepare some funds and acquire those properties."

Zhao Lekai nodded. It turned out that the boss had already thought about it, so there wouldn’t be many problems.

"How much money is left in the company's account?" Li Wendi suddenly asked.

Zhao Lekai thought for a moment and said, "1.2 million!"

1.2 million yuan is just enough to pay the Changxin Group. Today, Starlight Real Estate Company has expanded in size, and the number of employees has increased to nearly 40, so a lot of working capital is needed. All of it has to be paid to Changxin Group at once. Li Wendi is worried that there will be some problems with the turnover.

"This money can be paid to Changxin Group first. In two weeks, we will also have a payment coming into our account, which will be enough to keep up." Zhao Lekai guessed his boss's concerns and took the lead in explaining.

Li Wendi nodded. "Okay! Just don't affect the company's operations."

Under the guidance of Li Wendi, Zhang Yan acted decisively and lured Ruisheng Company with a high price. Originally, Ruisheng Company was thinking of waiting for the right price.

Seeing that Ruisheng Company still wanted a higher price, Zhang Yan left abruptly after making two unsuccessful bids.

Just when everyone thought they had no chance of getting Jinmu Real Estate Company, Ruisheng Company suffered a "Waterloo" at Yingjun Real Estate Company. Luo Yingshi said that the maximum premium was 3%, and he did not believe Ruisheng Company's claim that Ruixing Real Estate Company had a 4% premium.

In fact, Luo Yingshi did not have so much money to acquire Jinmu Real Estate Company. A large amount of funds of Eagle Properties Company had been invested in real estate development and the Eagle Center Building project in Wan Chai. It was impossible for him to give up these advantageous projects for Jinmu Real Estate Company.

Therefore, Ruisheng Company hurriedly contacted Luckin Coffee and expressed its willingness to accept a 4% premium.

This time, Zhang Yan was not willing to buy the company at such a high price, and he reduced the premium to 33%. Ruisheng Company had no choice but to accept it.

After Changxin Group acquired the Twin Towers, it moved here to work, occupying offices on 4 floors of Building A, the 32nd, 31st, and 29th floors, while the high-rise offices are all on the 32nd floor.

Zhang Yan looked at Li Wendi's new office, which was luxurious and impressive, and wondered whether Luckin Coffee Company should also rent such an office in Central.

"I heard that you have already acquired Jinmu Real Estate?" Li Wendi held the document and looked up at Zhang Yan.

"Of course we won. Eagle Properties is no match for me." Zhang Yan said with a smile, "Luckin Properties' market value has increased by 7 million, and now it is 4.8 million."

The market value of 4.8 million yuan has just touched the threshold of a medium-sized real estate company, but Luckin Real Estate’s stock price is still rising, and there is not much suspense about becoming a medium-sized real estate company.

Li Wendi smiled and said, "Although Jinmu Real Estate's debt ratio is not high, Luckin Real Estate's debt ratio is not low. It seems that it is not the right time to be proud of it now."

"Just some debts." Zhang Yan waved his hand nonchalantly.

"You should be very busy at this time. Is there something you want to talk to me about? Just tell me directly." Li Wendi smiled slightly. He was very busy and didn't want to chat with Zhang Yan.

Zhang Yan was silent for a moment, then said, "Someone asked me for help and wants to see you."

"Who wants to see me?" Li Wendi roughly guessed who it was.

Zhang Yan replied, "It's Chen Songqing from Jianing Group and Zhong Zhengwen from Yida Group. They probably want to talk to you about the Golden Gate Building."

Hearing this, Li Wendi frowned and stared at Zhang Yan, "You are involved in this too?"

Zhang Yan shook his head and said, "No, I've already quit."

"Do you want me to meet them?" Li Wendi asked Zhang Yan.

Zhang Yan still shook his head. "I don't know! I just helped pass on a message."

Li Wendi was actually interested and wanted to see the deception ability of this number one liar, so he smiled and said, "Okay, then I'll meet them and test their quality."

"Wendy, you still have to be careful. Chen Songqing is quite capable with his words. Their plan should be to develop through borrowing. As long as the city is prosperous enough, their company will not fail." Zhang Yan said thoughtfully.

"I know! Have they already reached an agreement with the Jardine Matheson Group?" Li Wendi asked casually.

Zhang Yan was a little uncertain. "I'm not sure, but since they dared to come to you, they must have reached an agreement."

Suddenly, Li Wendi really wanted to help Chen Songqing, because this would allow him to cheat the Hong Kong Land Company and get some bargains at the same time, such as the commercial properties on Jardine's Street in Causeway Bay, the commercial buildings on the site of the old Dairy Farm, and even the Golden Gate Building.

Of course, there are many things to avoid in this transaction, and one may get into a quagmire if not careful. In fact, Li Wendi is not very confident that he can get things done.

If you miscalculate, losses of tens of billions are possible.

(End of this chapter)