Chapter 96 096 [Fund Raising and Rights Issue]
According to the memory of the previous life, after losing the Wharf, Land Corporation began to set its sights on some large companies in Hong Kong, preparing to spend huge sums of money to acquire them to make up for the loss. Losses on Wharf Corporation.
In fact, Land Company also took aim at another company - Xiangjiang Telephone Company, but this company was not a listed company and had been controlled by the British for a long time.
As a free port, Xiangjiang has a large number of foreign-funded enterprises, and local enterprises in Xiangjiang also have a large number of overseas businesses. As a mainstream communication tool, the telephone is naturally a specialized industry similar to the bus company, and it is a cash cow with more advantages than the bus industry. .
Although Luo Qihong intends to hype, he has no chance to intervene. Those British guys will definitely not give up the shares of such a company. Even if they want to give up, they will not give it to a Chinese.
Luo Qihong judged that the Land Company would take action in the near future and slowly absorb it. Now was his good opportunity.
Zhang Taotao nodded doubtfully, "Okay!"
"Just call me to inform me about the sell-off. I will sign those documents and contracts at once next time I come over." Luo Qihong was not superfluous. The time is waiting here.
When he came to Sun Hung Kai Securities Company, Luo Qihong issued the same order, asking Bai Jinyan to sell 780,000 shares of Henderson Land Development Company held by Paramount Company, and withdraw funds of 10.778 million yuan. At the same time, Bai Jinyan was asked to transfer all the withdrawn funds to the bank account of Paramount Company.
At this time, Paramount Company had 5 million in cash on its account. Adding this funds, the total amount came to 15 million yuan, which was still far from the 30 million demand bottom line set by Luo Qihong. 15 million.
Luo Qihong took a sip of coffee and said, "Sister Jinyan, the stock account of Paramount Company will be cleared soon. Are you interested in taking over the stock securities business of my Zhaoan Real Estate Company?"
"Interested" "Isn't Paramount Company's business situation very good? Why do you want to clear the account?" Bai Jinyan asked in confusion, actually secretly guessing that Luo Qihong wanted to leave Paramount Company.
"These are secrets for the time being and cannot be disclosed to the outside world yet." Luo Qihong added, "If it weren't for our relationship, I wouldn't be able to reveal the slightest bit to the outside world."
Bai Jinyan nodded. , "Paramount Company still has a large number of shares of Cheung Kong Industrial Company and New World Development Company on the stock market, worth about 20 million yuan. I do not recommend selling now, because the stock prices of both companies are rising, and there are relatively large ones. Profit potential."
After chatting with Bai Jinyan for a while, he drove to Huoduoli Company and approached Liang Botao.
"Liang Sheng, the purpose of looking for you this time is to hire Huduoli Company as the financial consultant of Hehong Real Estate Company to assist me in acquiring Zhao'an Real Estate Company. I plan to use 20 million yuan to acquire the Zhao'an Property Company. At the same time, he transferred the 10 million pledged loan from HSBC Bank to Hehong Real Estate Company," Luo Qihong said frankly.
Liang Botao was a little confused by Luo Qihong's operation. He had just acquired Zhaoan Real Estate Company not long ago, and now he wanted to take it from Paramount Company. He spent a lot of money over and over again. Could it be that Do you want to use this to bring private funds into Paramount Company? Then just issue new shares directly.
Even though he was confused and could not understand, Liang Botao did not ask, but nodded and said, "Luo Sheng, I am leaving Huduoli Company soon. Can you hand over this acquisition case to my new company?" Do it?”
“Which company will Liang Sheng switch to?” Luo Qihong asked with a smile.
"I have discussed with Wanguo Baotong Bank to open Wanguo Baotong International Financial Consulting Co., Ltd., and I will hold a certain share in this company." Liang Botao glanced outside to see if there were any outsiders. Be present.
"Haha! It turns out that Liang Sheng is going to be his own boss. Congratulations! Let the acquisition case be handed over to Wanguo Baotong International Financial Consulting Company. But will this affect the processing of the mortgage loan transfer procedures?" Luo Qihong said.
"In the terms of the agreement, it is clearly written that Luo Sheng and Paramount Company have the priority to redeem the pledged shares. I will immediately communicate with Wanguo Baotong Bank and apply for 10 million "Lend it to Luo Sheng to repay this debt." Liang Botao explained seriously, "Don't worry, Luo Sheng, I will handle the matter beautifully." "Liang Sheng said that, I feel relieved." He laughed.
A few days later
On behalf of Paramount Company, Luo Qihong signed the acquisition contract of Warwick Building in Sheung Wan with Zhao Shizeng of Wah Kwong Real Estate Company. The acquisition funds were discussed last time Okay, 41 million yuan, 20% will be paid first, which is 8.2 million yuan.
After the transfer was completed, Paramount Company had about 7 million yuan on its account. Paramount Company's liabilities successfully exceeded 110 million yuan. The balance of more than 90 million yuan owed to Huaguang Real Estate Company could only be repaid through a pledge loan. .
Although these things were expected by Luo Qihong, he still felt tremendous pressure, which was one of the reasons why he wanted to empty Paramount Company's stock account investment in Sun Hung Kai Securities.
More than 20 million yuan of funds can greatly alleviate Paramount Company’s debt situation. As for the future, it can only be handed over to the ‘successor’.
Luo Qihong bribed major newspapers and hired them to publicize Paramount Company's acquisition of Huaguang Real Estate Company's newly built Shifeng Building and Warwick Building. At the same time, Luo Qihong announced the assets of Paramount Company. The financial situation chose to be concealed, after all, the financial situation was not good-looking.
With such large-scale publicity, Paramount Company’s assets increased by another 110 million yuan, making Paramount Company a hotly discussed topic among the citizens of Xiangjiang.
The stock price successfully exceeded 2.6 yuan, and the market value exceeded 220 million yuan. Its strength has risen to the middle level of Xiangjiang's small real estate companies.
Of course, Paramount's stock price is still on the rise. Experts predict that it will exceed 3 yuan per share, with a market value of more than 250 million yuan.
Then Luo Qihong released news about Paramount Company's profits in the stock market and property speculation. The stock price rose to 3.5 yuan on July 10, and the market value successfully crossed the 300 million yuan threshold.
Dehe Real Estate Company
Luo Qihong and Lin Luoqi discussed the matter of warehouse parking lots in Sham Shui Po. All these parking lots have been delivered to Weifu Parking Management Company, and they have gained from it. The profit was more than 2.2 million yuan, of which Dehe Company received more than 800,000 yuan.
The current Dehe Real Estate Company has more than 3 million yuan in capital on its books. It owns a first-floor office building in Central and several invested shops, with an asset value of around 18 million yuan.
Most of this is due to Luo Qihong. Although he has to manage Paramount and Zhaoan Real Estate, he has not really delayed the development of Dehe Real Estate Company.
"Paramount Company has only been in your hands for a few months. From the verge of bankruptcy to the current market value of 300 million, it is really amazing, Ah Hong." Lin Luoqi said to Luo Qihong The operation is amazing. Except for Chen Songqing of Jianing Company, it is Luo Qihong who has been more successful in this.
Luo Qihong smiled modestly and said, "It's just a trick. I learned it from Chen Songqing."
Lin Luoqi sighed and said, "I also want to try these methods, but it's a pity that my mother Neither Mi nor Daddy agree, and I can’t do it alone.”
Luo Qihong patted Lin Luoqi's shoulder and comforted him, "It's right to run the company steadily. We are different. You have a backer, but I have nothing. I just try hard with an adventurous mentality. If it fails, , I'm afraid I will be in debt."
"Yes!" Lin Luoqi suddenly smiled and said, "Speaking of something happy, Gide Real Estate Company has successfully acquired the Gide Building in Sheung Wan. The next step is publicity. I plan to raise funds for a rights issue, and all the proceeds will be used to acquire the Keeley Building in Central. I will issue a rights issue in a few months. "
"I also have the idea of a rights issue, but it is not appropriate yet. The timing." Luo Qihong smiled lightly.
(End of this chapter)