Chapter 118 118 [Press Conference]
The down payment for the AXA Center Building is NT$31.5 million. There will still be a gap of NT$4.5 million in funds raised from the sale of the Lee Fat Building in Bute Street, Kowloon. , if private individuals and Zhaoan Real Estate Company are allowed to enter the situation, this will naturally be easily solved.
However, Luo Qihong does not want to distribute profits to private individuals and Siu On Real Estate Company. At this time, Paramount Company needs more than 200 million yuan. Excluding the funds withdrawn from Lifa Building and Southeast Tenement House, it still needs 200 million yuan. , it is impossible to raise all the profits from just one AXA Center building.
Luo Qihong was thinking about how to hype the AXA Center Building. The previous methods were no longer suitable for the AXA Center Building, and he needed to come up with a new plan.
The first plan that came to his mind was Chen Songqing's method of hyping up the Golden Gate Tower. Unfortunately, this method focused on increasing the stock price and market value of the company he owned, not the property itself.
Of course, this is also beneficial to Paramount Company, but where can Luo Qihong find an enemy like Baishunning Group? Even if he can find one, he still needs to distribute profits to the cooperative company.
For now, we can only focus on advertising. By borrowing the reputation of Cheung Kong Industrial Company, we may be able to increase the value of the AXA Center Building.
To Luo Qihong’s surprise, news came from Hong Xiaolian before get off work that afternoon that Cheung Kong Holdings had agreed to sell Wan Chai AXA Center Building to Paramount Company for NT$105 million. However, Paramount Company was required to raise a down payment of NT$31.5 million within a week.
Luo Qihong asked Yangtze River Industrial Company and Paramount Company to jointly hold a press conference to announce the acquisition.
Hong Xiaolian naturally has no reason to refuse. This is a big property acquisition case.
Therefore, Luo Qihong took advantage of the situation and reached an agreement with Hong Xiaolian, and held a press conference at the Hilton Hotel tomorrow afternoon. Both Luo Qihong and Hong Xiaolian would attend.
So, Luo Qihong left work very happily. His initial goal was achieved. After the matter is fermented, he will slowly spread the selling price of the AXA Center Building in order to test the reaction of buyers. .
Ulsan Garden in Mid-Levels, Central
Luo Qihong was sleeping paralyzed on the sofa in the living room, closing his eyes, thinking about any good examples as a reference plan, how to make money in just 4 months to 200 million yuan.
"A Hong, are you asleep?" Luo Qixing called softly in his ear.
Luo Qihong opened his eyes and said, "No, I'm thinking about other things. If you have anything to say, just tell me, I'll listen."
Luo Qixing nodded, "Yulang International Company has attacked another printing company. Yes, the boss was very anxious, so I contacted him this afternoon and he was willing to sell the company to Shengyun Printing at the market price."
Hearing this, Luo Qihong sat up and said to Luo Qixing, "Yes. Any specific information documents? I need to know about this company."
Luo Qixing had already prepared the documents and handed them to Luo Qihong immediately.
The company is called "Shenzhen Bao Printing". It is small in scale, with 4 sets of equipment and 28 employees. At its peak, it had a monthly profit of 64,000 yuan. The current market price is 1.02 million yuan.
"How much does Yulang International want to pay to win Shenbao Printing Company?" Luo Qihong closed the document and looked at Luo Qixing and asked.
Luo Qixing thought for a while and replied, "I heard that Yulang International Company gave him two options. One is to sell the company to Yulang International Company. They are willing to give the boss some cost expenses, totaling 500,000 yuan. Second, Yulang International Company invested 300,000 yuan and obtained 51% of the equity. Shenzhen Bao Printing was handed over to Yulang International Company for operation, and the original boss could enjoy the dividends. "
Luo Qihong said with a smile, "It still looks ugly. , I guess the boss would be willing to choose the first option."
Luo Qixing was slightly startled and asked, "Why do you think so?"
"Shenzhen Bao Printing Company handed over to Yulang. In international operations, Yulang International has the final say on how to distribute dividends. What if Yulang International doesn't pay dividends within a few years? I'm afraid the boss has nothing to do. It's better to just sell it out and get 500,000 bags of peace. " Luo Qihong analyzed and said with a smile.
Shenbao Printing Company does not pay dividends, and Yulang International does not receive profits. However, Shenbao Printing Company is run by Yulang International and can use the company's funds to do things, and even misappropriate company funds for personal profit. As long as the funds can be replenished in time and the accounts are done properly, the original boss can do nothing to Yulang International and Huang Yulang himself.
“Well!” Luo Qixing nodded thoughtfully and asked, “Then at what price should we acquire Shenbao Printing Company?”
Luo Qihong said “102 Ten thousand yuan is impossible. It’s not that I want to lower the price, but that we need funds to deal with Yulang International Company, and the reputation of Shenbao Printing Company will be damaged. These factors must be taken into consideration. 820,000 yuan, this is ours The highest price, if it exceeds this price, we can basically give up."
"Then I can make a counter-offer of 700,000 yuan, okay?" Luo Qixing asked without confidence.
"Brother, in fact, as long as your bid is higher than 500,000, it will be fine." Luo Qihong said with a smile, "Don't be nervous! This is our experimental product. If the acquisition is not successful, it is not a big deal."
"But Once we bid with Yulang International Company, won't we lose everything if we don't gain anything?" Luo Qixing asked.
Luo Qihong suddenly felt that Luo Qixing was enlightened, and smiled and said, "Who analyzed the matter for you? You actually have such an opinion."
Seeing that Luo Qixing was unwilling to answer, Luo Qihong did not force himself, and continued. "Actually, there is not much loss. Yulang International Company itself is our enemy."
Luo Qihong added, "Be careful lately. Huang Yulang has some connections with those societies. I'm worried that this guy has a hot head and will Do something bad.”
Luo Qixing looked at Luo Qihong blankly, and it took him half a minute to react, "Then let's not provoke him, right?"
Luo Qihong sneered, "What's there to be afraid of? Many people in Xiangjiang have problems with the society. Relationship, then the company is not developing? Don’t worry, this world is still full of money. Huang Yulang is not as rich as us. If he angers me, I will spend 10 million to buy his life. ”
Luo Qihong doesn’t want to have too much contact with the society, but if someone uses the society to cause trouble, he won’t be polite, it’s just to spend more money.
Luo Qihong comforted Luo Qixing and went to have dinner.
During the meal, Luo Qihong saw that Lin Ya was very busy, so he suggested hiring a servant.
Unfortunately, the frugal Lin Ya refused. The reason was that these had always been her job and she had been doing it for decades, so there was no need to spend the extra money.
Luo Qihong can only temporarily cease all activities and talk about this matter later.
The next morning, Luo Qihong successfully sold the basement of Huahai Plaza, No. 80 Shanghai Street, Jordan, for NT$4.5 million.
Luo Qihong made a private profit of 1.62 million yuan, with a return rate of more than 56%. However, because a lot of energy needs to be invested in the business of Paramount Company, he had to stop the renovation project for private profit.
At 3:30 in the afternoon, the signing ceremony held at the Hilton Hotel was successfully held, which attracted many newspaper reporters.
In this era, reporters' reporting is still valued. According to the rules, every reporter who enters the venue will receive a red envelope.
Luo Qihong wanted to use reporters' reports to achieve hype, so he stuffed a thousand-yuan bill into each red envelope to bribe these reporters a little.
"Ms. Hong, how much profit did Yangtze River Industrial make from this project? What is the rate of return?" a female reporter wearing full-frame glasses asked Hong Xiaolian.
(End of this chapter)