Chapter 56 056 [Acquisition of Paramount]
Luo Qihong has no objections to Fenggui Development Company’s attempt to explode the intermediary market in North Point. After all, Fenggui Development Company will suffer more and greater losses. He There is no such effort to establish Fenggui Development Company, and Fenggui Development Company has already paid the price for its previous targeted actions.
In Luo Qihong's eyes, those colleagues are just a group of scum who only care about immediate interests and are not even qualified to face them.
The newspapers in the office were rustling, Luo Qihong stared at an article in particular trance, and sighed, "It is really an era full of miracles, and the market value has skyrocketed so wildly."
Hong Kong's top ten Listed real estate companies: British Land ranked first with a market value of 11.5 billion yuan; second place was Cheung Kong Holdings with a market value of 7.92 billion yuan; Sun Hung Kai Properties ranked third with a market value of 7.34 billion yuan; Sino Properties ranked third with a market value of 3.381 billion yuan , ranked ninth, followed by Heng Lung Company.
Luo Qihong guessed that the publication of this article must have caused changes in the stock market. What surprised him was that the biggest shock was to Sino Land. This company will not be listed on the market for a few days, but there are already buyers on the market offering 3 yuan a piece. shares and acquire the subscription shares of Sino Land Company.
This is a 50% profit before it even starts. Of course, few investors are willing to give up their chips so quickly. After all, many people know that the share price of Sino Land will not be lower than 5 yuan per share. .
Under this situation, Luo Qihong's return on investment in Sino Land's shares will not be less than 1.8 million yuan, and the price of 5 yuan per share will rise to 5 yuan in a short time.
Giggle! !
The knock on the door interrupted Luo Qihong's thoughts.
"Luo Sheng!" Yang Mingkun sat on the chair opposite at Luo Qihong's signal, "The renovation project of those two shops has been completed. When will our next project come in?"
Luo Qihong smiled. "Hasn't Yang Sheng received any other business?"
Although Dehe Real Estate has many target stores, it cannot withstand Yang Mingkun's overtime work day and night. The project volume that originally required a week was forced on him It took five days to finish, and Luo Qihong was a little stressed.
“There was a residential decoration project before, but we had to rush to renovate the store, so we turned it down.” Yang Mingkun said that this was what Luo Qihong had promised in advance, guaranteeing that the project could be started for at least three weeks a month.
"Yang Sheng, those of you who are working on projects should also pay attention to rest. If there is no special instructions for Dehe Real Estate's projects, there is no need to rush the work, and we also need to withdraw funds before we can carry out more projects. " Luo Qihong politely advised Yang Mingkun not to work too hard.
Yang Mingkun smiled sheepishly and said, "I had to pay my son and daughter's tuition fees a few days ago, so I worked hard, but I won't do it anymore."
Luo Qihong nodded, took out a document from the drawer, and handed it to Yang Mingkun said, "This is the decoration plan for the office room on the 6th floor of Lide Building in Wan Chai, with an area of 5,900 square feet. The property on this floor has been sold by Dehe Real Estate Company to other companies, but I won this one for Fengtu Construction Company For the decoration project, the customer paid a decoration fee of 130,000 yuan."
Yang Mingkun happily accepted the plan. This is a big project. "Is there a time limit?"
"Yes, half. It will be completed within a month. The other party is anxious to move in and work." Luo Qihong moved the check from the table to Yang Mingkun.
"Okay! Guaranteed to complete it within half a month." Yang Mingkun promised with a smile. The work in the first half of March has been secured. When Dehe Real Estate Company's shops are sold, they can have the second half. months of work on the renovation project.
"Yang Sheng, you work in construction engineering. You should know a lot of people. If you have any news about the sale of large-area stores in the future, you can call me and let me know. I will give you some commission accordingly." Luo Qihong's staff It is limited and sometimes it is not possible to find a suitable store in time.
And now many people have begun to follow the trend, and it is becoming more and more difficult to find large-area stores, so Luo Qihong has to recruit a few more helpers.
"Okay! I will help keep an eye on it." Yang Mingkun said with a smile.
On Thursday, March 5, the Xiangjiang MTR Corporation announced that Hang Lung Corporation had won the bid for the property development rights project above the Fortress Hill MRT station in Hong Kong Island. The bid proposal was to pay the MTR Corporation 430 million yuan in land purchase costs. The entire project incurred The MTR Corporation shares 50% of the profits
This project covers an area of about 48,000 square feet and can be built into a commercial building with a floor area of 624,000 square feet. Compared with Sai Ying Pun MTR Station, Fortress Hill MRT The location of the station is more advantageous. There are a large number of residential buildings nearby and the population is denser. The price of the commercial buildings built is naturally not comparable to that of Sai Ying Pun.
When such a high-quality project falls into the hands of Heng Lung Company, the stock price will inevitably rise slightly. In fact, when the bidding case was registered, Heng Lung Company made a loud voice because Heng Lung Company had already won 2 Property development rights above a Hong Kong Island MTR station.
At the same time, news came from Liang Botao that Paramount Restaurant Company had acquired 25.23 million shares, accounting for 29% of the total share capital, at a cost of 7.569 million yuan.
Yesterday morning, Liang Botao had sought Luo Qihong's consent and would meet with Wu Wenbai, the second largest shareholder of Paramount Restaurant Company, on the 5th. This person holds 14% of the shares of Paramount Restaurant Company.
Private room of a restaurant in Central
Wu Wenbai is a middle-aged uncle in his forties. He has an average appearance, but his dressing style is relatively youthful. He looks a bit like a playboy.
"Wu Sheng, hello!" Liang Botao introduced Luo Qihong to Wu Wenbo, including the failure of Luo Qihong's acquisition of Gide Real Estate Company. It was not that he was looking down on Luo Qihong. His subconscious thought was that Luo Qihong had experience in acquisitions and could withdraw and choose other options. company.
"Hello, Luo Sheng! You are really young and promising. Luo Sheng will acquire listed companies in his 20s. I am ashamed of myself." Although Wu Wenbo suspected that Luo Qihong was a rich second generation, He won't show this.
After all, some rich second generations don't like such praise. They prefer others to praise their abilities, not the family's power.
"Wu Sheng, thank you." The three of them sat down. Luo Qihong and Liang Botao sat on the same side.
After complimenting each other for a few words, Luo Qihong took the lead to get to the point, "Wu Sheng, the current stock price of Paramount Restaurant Company is 0.3 yuan. I am willing to buy 14% of the Paramount Company shares from you at a premium of 10%. What do you think?"
Wu Wenbo put a piece of fish belly into his mouth, chewed it several times, and said, "The fish belly here is not very good. I bought Luo Sheng at a 10% premium. I think it is too low. If Luo Sheng can be purchased at a 100% premium, , that’s about it.”
“Luo Sheng came to me and didn’t ask Xu Haizhi because he thought that Xu Haizhi’s price was too high and it would be difficult to get it. 6 cents per share is still worth it.”
Luo Qihong understood what Wu Wenbo meant and said, "6 cents is a bit high. The fixed price is 5 cents per share, which is a premium of nearly 70%."
Wu Wenbo still shook his head, " What Luo Sheng doesn't know is that Xu Haizhi has many good stock-holding directors on the board of directors. If Luo Sheng doesn't hold more shares than them, it will be difficult for him to control the board of directors. Moreover, I can help Luo Sheng contact those who have no relationship with Xu Haizhi. and shareholders.”
Luo Qihong and Liang Botao looked at each other and both thought they could agree. Although the price was high, contacting the shareholders later would be effective. After all, Wu Wenbai had some friendship with those shareholders.
"Okay! But I hope that the asking price of other shareholders is 5 cents per share. If Wu Sheng can negotiate a lower price, the difference will belong to Wu Sheng." Luo Qihong said with a smile.
Wu Wenbai's eyes lit up slightly and asked, "Luo Sheng wants to acquire 49% of the equity?"
"Yes, to 49%." Luo Qihong nodded.
(End of this chapter)