Started from Hong Kong Island

Chapter 430 428 [Kadoorie Family]

Monday, September 10
Li Wendi and Liang Zhonghao met in a private room at the Mandarin Oriental Hotel, and Li Wendi also invited Zheng Jiachun to accompany them.

Zheng Yutong is very close to Liang Zhonghao's father Liang Chang, and Zheng Jiachun also has a good relationship with Liang Zhonghao and can help out at critical moments.

The three of them chatted for a while and then got down to business.

Li Wendi smiled and said, "Mr. Liang, your family is interested in selling its assets to make up for the losses recently. I wonder if it includes the shares of the Grand Hotel Group?"

Liang Zhonghao was slightly stunned. It turned out that Li Wendi was interested in the Grand Hotel Group. "Mr. Li, my family has a verbal agreement with the Kadoorie family. We can only sell the shares with their consent. My family has no intention of selling the shares of the Grand Hotel Group for the time being."

Li Wendi smiled and thought to himself, "If you don't want to sell it, why would you say something about a verbal agreement? Isn't this just trying to cover up the truth?"

Zheng Jiachun next to him even had his pupils slightly dilated. Li Wendi was really amazing. He had just finished working on the land company and now he was setting his sights on the big hotel.

"Mingcheng Real Estate Company, a subsidiary of Changxin Group, is willing to purchase Mr. Liang's shares in the hotel at a 3% premium. What do you think, Mr. Liang?" Li Wendi said.

The 3% premium made Liang Zhonghao very excited, but he was also a shrewd person who had been in the business world for many years and knew that this was not Li Wendi's bottom price, so he pretended to be embarrassed and said, "Mr. Li, your offer is not low, but we still need to discuss it with the Kadoorie family."

"A 4% premium! This is the highest price I have ever offered." Li Wendi continued, "I know Mr. Liang is worried that my acquisition of the Grand Hotel Group will bring bad reputation to Mr. Liang and your family. I can guarantee that Mingcheng Real Estate Company will not acquire the Grand Hotel for the time being. Mingcheng Real Estate will only manage the real estate business of the Grand Hotel Group on behalf of Mr. Liang, and the Kadoorie family will still be the owner of the Grand Hotel."

Liang Zhonghao glanced at Li Wendi, thought for half a minute, and responded, "If Mr. Li is willing to pay a 5% premium, I can go back and discuss it with my father and give Mr. Li a reply tomorrow."

"Okay! Then I'll wait for Mr. Liang's good news." Li Wendi picked up the wine glass and clinked it with Liang Zhonghao.

An hour later, Liang Zhonghao left the table, leaving only Li Wendi and Zheng Jiachun.

Seeing this, Zheng Jiachun asked, "The Grand Hotel is a tough nut to crack. When do you plan to eat it, Wendi?"

Li Wendi smiled and said, "Wait until the Kadoorie family is at its weakest. But before that, I still have to do a business deal with the Kadoorie family."

Zheng Jiachun's face was filled with envy. At this moment, he had not yet mastered all the rights to the development of New World. For the time being, he did not dare to go against Zheng Yutong's wishes and could only be a "good boy".

The next day, Liang Zhonghao called and expressed his willingness to sell 31% of the shares of the Grand Hotel Group to Mingcheng Real Estate Company and withdraw from the board of directors of the Grand Hotel Group.

Li Wendi signed the contract with Liang Zhonghao in person, but the amount of 7 million yuan was paid in three installments. The first installment required 9050 million yuan to be paid, and the remaining amount was paid in two equal installments.

This acquisition shocked the entire industry. Many people believed that this was a prelude to Li Wendi's acquisition of the Grand Hotel Group. As a result, a large number of investors tried their best to buy shares of the Grand Hotel Group. The stock price began to soar. In just one morning, the stock price exceeded 20 yuan.

Kadoorie Family Villa at the Peak

As a super-rich family in Hong Kong, the Kadoorie family is good at making money but not at having many children.

The first generation of Kadoorie, Eli Kadoorie, established a kingdom, but he never married, and finally let his two nephews inherit the family business. When it came to the second generation head, Lawrence, he only had one son and one daughter, and the family was quite small.

Lawrence's son Michael was born in 41. At the age of 46, he was still a bachelor. Lawrence urged him many times, but Michael remained indifferent.

However, Michael was not the third-generation head of the Kadoorie family. His uncle Horace Kadoorie was. However, both Horace and his uncle Eli did not marry or have children.

Lawrence Kadoorie had the frugal qualities of the Jews and was reluctant to eat even some expensive seafood, but his son Michael Kadoorie was a hedonistic tycoon whose clothes had to be custom-made and he drove luxury cars and helicopters.

Of course, Michael is not a playboy who only knows how to eat, drink and have fun. He has enough ability to maintain the status quo.

Lawrence was very anxious about his not getting married, but there was no rush.

Since Lawrence was old and focused on the CLP Group, he handed over the Grand Hotel Group to Michael.

In the eyes of Hong Kong people, they only know that the Grand Hotel Group is the family business of the Kadoorie family, but they don’t know who its major shareholder is.

Only three people attended the family meeting held by the Kadoorie family: Lawrence, Horace and Michael.

"I didn't expect the Liangchang family to be so untrustworthy. For the sake of money, they would tear up the agreement and trade with someone like Li Wendi." Lawrence said angrily.

"Michael, the Grand Hotel Group is one of the foundations of our family. We cannot give it up to others. You have to protect it well and fight to the death with this evil wolf Li Wendi." Horace said to Michael.

Michael's face was full of difficulty. Not to mention that Li Wendi had already stated publicly that the acquisition of the Liang Chang family's hotel shares was not for the purpose of acquiring the hotel, but as a long-term investment. The Kadoorie family's control over the hotel group was very weak today, and it was impossible to recover the investment in China Power Group. How could they withstand Li Wendi's attack?

"Maybe Li Wendi really wants to invest in a big hotel. Why don't we make peace with Li Wendi?" Michael suggested in a low voice.

"What?" Lawrence stood up suddenly and shouted at Michael, "You're thinking about retreating before the battle even starts. This is not how an heir should think."

"That's right, Michael!" Seeing this, Horace persuaded, "Although Li Wendi is very capable, the foundation of our Jardine House is not comparable to that of an upstart. As long as we win the recognition of those shareholders, Li Wendi will have no choice but to admit defeat."

"Okay! Then what should we do? Contact those shareholders and directors first?" Michael asked.

"Yes, we need to contact the shareholders and directors, but this is not enough. We have to tell everyone that Li Wendi cannot be trusted. He is just a vicious wolf. If we cooperate with him, we will all be eaten by him." Lawrence said viciously.

"Then let's contact those newspapers and ask them to list and report Li Wendi's evil deeds, and let the people who have been framed by Li Wendi stand up and accuse Li Wendi." He Lishi added.

Michael's face was full of worry. How could such a weak family be a match for Li Wendi, who was at the peak of his career? If the situation really got out of control, the hotel would really have to change hands.

Michael couldn't stop the two elders, nor could he stop Li Wendi's subsequent counterattack. All he could do was to prevent the Kadoorie family from losing so badly.

(End of this chapter)