Started from Hong Kong Island

Chapter 440 438 [Intensified Family Infighting]

Starting from the beginning of 86, the competition between the United States and the Soviet Union directly affected the situation in the Middle East, and the international oil price plummeted to a historical low of US$11 per barrel.

A large number of oil companies could no longer operate and began to go bankrupt on a large scale.

Therefore, Li Wendi sent people to Canada for inspection in the second quarter. Husky Energy Ltd., one of the largest energy companies in Canada, was naturally the focus of Li Wendi's attention.

In the previous life, this company was acquired by Li Jiacheng, so it should have some good points.

Li Wendi found from the information that there was no major problem with the company's business. It was mainly due to the great impact of the market and the low oil prices that the company was in a loss-making state.

So Li Wendi found Bond from the Canadian Commercial Bank and asked him to act as an intermediary. He wanted to invest in Husky Energy.

"Mr. Li, Husky Energy is suffering from a serious loss, almost 500 million yuan a day. Do you really want me to contact Husky Energy?" Bond asked cautiously. Li Wendi has always been a big client of commercial banks. If he doesn't explain clearly on this transaction, and if the bank is blamed, wouldn't he lose a big client?

"Mr. Bond, I know the affairs of Husky Energy very well. I believe that the low oil price is only a temporary situation. It will go back up in the future, and then we will definitely make back the losses." Li Wendi smiled faintly. 500 million yuan a day is only 16 billion yuan a year, which is totally affordable.

"Okay, then I'll help Mr. Li to make the connection. This will also be a very good thing for Canada," said Bond.

"Mr. Bond, I hope to take control of Husky Energy at a very low price, rather than simply injecting capital," Li Wendi said with emphasis.

If it was just an investment, Li Wendi would certainly not do such a thing.

"I understand! I will save money for you, Mr. Li, and take control." Bond nodded.

In fact, the funds of Li Wendi's companies and family companies began to have a lot of redundant funds, and they needed to find investment projects. The energy field was just one of his directions.

He doesn't want to follow Li Jiacheng's example and list these energy companies. He wants to learn to develop in a low-key manner and conduct his business empire in secret, especially his investments in the mainland.

After 87

The stock market has somewhat resembled that of 81. Coupled with Pao Yue-kong's fight against Lloyds Bank to acquire Standard Chartered Bank, investors began to invest in the stock market in large numbers, and the Hang Seng Index soared.

The share price of Standard Chartered Bank alone has risen to 20 yuan, with a market value of over 120 billion yuan, and is still rising.

In February, Sing Tao News Group announced that it would sell the 2-storey News Building on King's Road in North Point. Ho Ki-kwan and Wong Yuk-long engaged in fierce competition, and the price soared to HK$10 million, a 7700% premium.

Qi Nian Newspaper Company Office

Li Wendi sat on the sofa, browsing a magazine, and asked casually, "I heard that you are competing with Yulang International for the News Building of Sing Tao Newspaper Group. How is it going? Can you beat Wong Yulang?"

To be honest, Li Wendi still looked up to Wong Yuk-long. This guy knew very well who He Qijun's backer was, yet he still came up to compete for it, not afraid of being hit afterwards.

"Humph! Wong Yuk-long is nothing but a clown. This guy recently raised 1 million yuan in capital and shares, and he's a little arrogant." He Qijun said angrily, "Qinian Newspaper Company is one of the four major newspaper companies in Hong Kong. How can we not be able to defeat him?"

Li Wendi laughed and said, "In terms of capital, Wong Yuk-lang certainly can't beat you, but if you continue bidding, I'm afraid you'll lose money." "Also, the international situation is not good, it is likely to trigger a large-scale economic crisis, you have to be prepared."

"Are you sure?" He Qijun was slightly surprised. When a crisis comes, cash is king. It is really not worthwhile to continue fighting with Wong Yuk-long.

"It's basically confirmed, but it's still not too late to make a big profit before the storm comes." Li Wendi said with a smile.

"If that's the case, then I'd better withdraw from this bidding." He Qijun nodded silently.

"If you know the limits, you can still trick Wong Yuk-lang." Li Wendi said with a smile.

"The think tank believes that 8000 million yuan is the highest price that Wong Yuk-long can offer. What do you think?" He Qijun certainly wanted to ask the real estate tycoon Li Wendi for his opinion.

"Raise the price again, 7800 million. If Wong Yuk-long raises the price, then give it to him." Li Wendi turned a page of the magazine and said lightly.

"Okay!" He Qijun asked again, "When do you plan to sell your investment properties?"

"Starting from June, you can now sell in small quantities," said Li Wendi.

"Wong Yuk-lang is so arrogant that he will definitely suffer heavy losses in the next stock market crash. You should be prepared to acquire Yuk-lang International and Sing Tao Newspaper Group." Li Wendi added, "If the funds are insufficient, you can join forces with your family to acquire them."

"No need. The strength of Qinian Newspaper Company is sufficient." He Qijun felt more and more that her status in the family was declining, and there was a trend that she would be replaced by Lin Dongmei. She had to take advantage of the stock market crash to expand Qinian Newspaper Company.

Li Wendi smiled and said nothing. He had always known that these women were competing with each other. It was a good thing that He Qijun felt urgent. After all, a hostess should have the authority of a hostess, otherwise the family might be in trouble.

Early December
News came from Singapore: Yeo Tien Onn, chairman of Yeo Hiap Seng Group, died of illness, and his son Yeo Chee Yaw was elected chairman of the board of directors of Yeo Hiap Seng Group, becoming the third-generation head of Yeo Hiap Seng Group.

Li Wendi was very clear that this was a sign of the beginning of internal strife within the Yeoh Hiap Seng Group and the Yeoh family.

Under the instruction of Li Wendi, Singapore's Cheung Kong Investment Company began to step up its acquisition of Yeo Hiap Seng Group shares, expecting to increase its stake to 20%. At the same time, it frequently contacted the other four branches of Yeo Jinglian's family, expressing its support for them to replace Yang Zhiyao as the person in charge of Yeo Hiap Seng Group.

As a result, this move intensified the internal strife within the Yang Jinglian family. Everyone had ulterior motives and wanted to become the chairman of the group and control this huge family business, but they ignored the covetousness of external enemies.

Singapore's Changxin Company also worked hand in hand with Yang Zhiyao, encouraging him to "perform well" and expand aggressively, such as high-tech shrimp farming, opening a fruit processing plant in North America, and acquiring Chongqing Food in the United States.

Li Wendi was naturally not afraid that members of the Yang Jinglian family would suddenly realize their mistakes and unite to fight against Changxin Company, because Changxin Company had made considerable profits in the past few years of operating Tiger Balm International Company. In addition to its investment in the Singapore stock market, it now had a total of 10 billion Singapore dollars in its account.

If there is any sign of trouble in Yang Jinglian's family, Changxin Company will immediately launch a full acquisition, not giving Yang Jinglian's family any time to react.

Yeo Hiap Seng Group is not only the largest food and beverage manufacturing company in Southeast Asia, it also owns land and properties worth tens of billions in Hong Kong, which is very coveted.

(End of this chapter)