Started from Hong Kong Island

Chapter 390 388 [Baohua Construction]

Li Wendi does not have high hopes for this huge project. For the leader, it is difficult to have the energy to work on other projects during this period, and the chance of failure is so high.

Tin Shui Wai is geographically very remote and far away from the city. Even if the transportation is convenient, it will be difficult to develop. No one wants to live in a remote place, and everyone yearns for a big city.

In fact, Li Jiacheng and Li Wendi have the same goal, which is to use this project to make friends with Huarun Group, a company with a strong background, to lay the foundation for entering the mainland, and they can even continue to cooperate in the future to reduce other troubles.

After all, few people dare to cause trouble for the Huarun Group.

Li Jiacheng, who is deeply influenced by Confucianism, understands the culture of the mainland better. So even if he loses some money, Li Jiacheng will still rush to win over the Huarun Group. This guy won the favor of Shen Bi of HSBC by relying on this, and now he also wants to use this to get into the sight of the Huarun Group.

After seeing Huang Qingshan off, the two Lis returned to the hotel private room to discuss other matters.

"Mr. Li, the second phase of Amoy Gardens has been completed and can be sold immediately. Will the Cheung Kong Group sell all residential properties as it did last time? Or will it keep those rental properties?" asked Li Jiacheng.

Li Wendi nodded and said, "Changxin Group will not hold any properties in Amoy Gardens and will choose to sell them all."

"Well, Cheung Kong Holdings is also planning to sell off all its properties and will not hold any," Li Jiacheng said, and then changed the subject, "Mr. Li is already the chairman of the board of directors of TVB. I wonder if he is still interested in investing in other TV stations?"

Damn! Could this dead man have set his sights on Rediffusion Television?

Li Wendi thought for a moment and said, "Mr. Li, are you interested in Rediffusion Television?"

Li Jiacheng in this life is different from his previous life. Many high-quality large companies have been acquired by Li Wendi, and there are not many that Li Jiacheng can take a fancy to. The Rediffusion Television, which he looked down upon in his previous life, has also become a popular company.

"Nowadays, TVB dominates television broadcasting. I want to challenge it." Li Jiacheng said with a smile, as if testing Li Wendi's attitude.

"Mr. Li, do you plan to manage it yourself? Or do you want to hire a professional manager?" Li Wendi asked. Of course, he wanted to take over the management rights.

Li Jiacheng was a shrewd man. He saw through Li Wendi's thoughts and said, "Why don't we take turns in management, or hire a manager to manage it."

"Why don't you let Mr. Li be the chairman of the board, and I be the executive director. I'll hire people to do the daily management, and we can discuss major matters together. If we can't reach an agreement, we can do it according to Mr. Li's wishes, but I will reserve my opinion." Li Wendi suggested.

There is nothing wrong in giving the decision-making power on major matters to Li Jiacheng. At most, we can try to make a big deal out of a small matter. Daily management is the most important thing, or in other words, whoever is in charge of management is the person's man.

"Okay!" Li Jiacheng hesitated for a moment and finally agreed. Of course, he also wanted to take over the management rights, but he thought that Li Wendi was the chairman of TVB, so perhaps he could make some efforts here, so he gave up the right for now.

Admiralty Centre Building
Zhang Wentao came in with a stack of documents, "Boss, take a look at this document."

Li Wendi picked it up and flipped through it. The words "Baohua Construction Company" appeared in his eyes. "You want to acquire Baohua Construction Company? Our group doesn't lack construction companies, right?"

Zhang Wentao replied, "Boss, Baohua Construction Company is a very high-quality company. It owns a Grade A commercial building in Wan Chai and holds shares in many real estate companies. It is one of the top ten construction companies in Hong Kong. Our group is about to develop a large-scale real estate project. With the help of Baohua Construction Company, the group will be more at ease."

Li Wendi continued to read on and did not respond to Zhang Wentao immediately. When he found that Baohua Construction Company had a profit of 79 million yuan in 1.6, he immediately thought it was a good piece of fat meat. "What is the budget for the acquisition?" Li Wendi asked.

Zhang Wentao laughed when he heard this. The boss was excited. "We already hold 6.1% of the shares of Baohua Construction Company. Next, we only need to acquire about 40% of the shares to control Baohua Construction Company. It will cost about 5-6 million yuan."

"Go contact Wells of Asia Securities and ask him to assist the group in acquiring Baohua Construction Company." Li Wendi gave the order.

"Okay!" Zhang Wentao said happily. Now he has another powerful construction company under his command. Baohua Construction's goal is to catch up with Kinmen Construction Company.

Half a month later, the secretary told Li Wendi that Pao Yue-Kong of Global Shipping Company wanted to visit him the next day and asked if he had time.

Of course, Li Wendi would not offend the shipping tycoon, so he asked his secretary to inform the other party that he would be waiting for the shipping tycoon to come to the office.

The next day, the boat charter king came with his son-in-law Wu Guangzheng. At this time, the boat charter king had aged a lot, probably because of cancer.

"Mr. Bao, long time no see!" Li Wendi stood up to greet Bao Chuan Wang, while supporting his other arm. "I heard that your Global Shipping has reduced the tonnage of its ships to more than 800 million tons, and is still selling ships. Is the shipping winter coming soon?"

The charter king smiled and said, "Mr. Li can't fail to see this, can he? Wheelock Shipping and United Enterprises are selling a lot of ships. Mr. Li is not just trying to make up for the debt, right?"

Li Wendi said, "It is indeed to repay the debt. Otherwise, we have to sell those high-quality properties. Bao Sheng, you know that I like commercial buildings and residential buildings in the city the most. I am not willing to sell them, so I can only sell those ships."

The charter king didn't believe Li Wendi's lies, and even Wu Guangzheng next to him didn't believe it.

"I came here today because of the matter of Baohua Construction Company. I heard that Changxin Group wants to acquire Baohua Construction Company. The boss of this company has some connections with me, so I came here in person to ask for favor." Pao Yue-kong laughed, "To be honest with you, Mr. Li, Kai Tak Real Estate Company also needs the participation of Baohua Construction Company."

"So Bao Sheng wants to acquire Baohua Construction Company?" Li Wendi asked.

"I guess so, but the management rights will still be returned to the original owner. It's just that Kai Tak Property Company can develop the land more smoothly." Pao Yue-Kong said honestly without hiding anything.

"Since Bao Sheng has come to my door, I will of course give him this face. However, I hope Bao Sheng can let Changxin Group continue to hold shares in Baohua Construction Company and become a director. I also guarantee that Changxin Group and any of its subsidiaries will not make any more acquisitions of Baohua Construction Company." Li Wendi said with a faint smile.

"Of course I believe in Mr. Li's character. I'll take care of this matter." Pao Yue-Kong added, "I didn't expect to owe Mr. Li such a big favor again. If Mr. Li needs any help, please let me know."

"Bao Sheng, you're being too polite. It's just a matter of convenience. Baohua Construction Company doesn't play a big role in Changxin Group. They can acquire it or not." Li Wendi said.

"If I owe you a favor, I owe you a favor." The ship charter king waved his hands. He was not the kind of person who would refuse to pay his debts.

Li Wendi smiled and did not refute.

Wu Guangzheng sat aside thoughtfully. Such a big project was settled in just a few words. Moreover, the other party was Li Wendi, who was famous for his domineering attitude in Hong Kong. He actually respected his father-in-law so much. He couldn't help but sigh at his father-in-law's ability.

(End of this chapter)