Chapter 140 140 [Cleaning Company]
“Okay, then let’s pay a premium of 25%, and the price is 22 million yuan!” Guo Zhiren responded immediately.
Luo Qihong remembered a piece of information about Yongan Group in its previous life. Since the third generation of the Guo family came to power, the group's strategy has become more conservative, but it bought properties in large quantities at the highest point in 1973, causing heavy losses. (Economic Crisis of 1973), the group suffered a lot of damage.
Now that I have started buying again at the peak, it is really ‘the right time’. The foundation accumulated by two generations is certainly not enough to be ‘enterprising’ by one generation.
This naturally has nothing to do with Luo Qihong. Since someone is willing to buy it at a high price, he is happy to get it. Zhaoan Real Estate Company originally needs a lot of funds. This is like 'if you want to sleep, someone will send you a pillow.'
With this 22 million yuan in funds, Zhaoan Real Estate Company can use these funds to start investing in some projects and go all out to clear debts for Zhaoan Real Estate.
Guo Zhiren also thought about paying the money in installments, but Luo Qihong refused directly, saying that Yongan Group owned Yongan Bank, so there was no need to pay it in installments, and Zhaoan Real Estate Company urgently needed the funds to withdraw money.
Guo Zhiren could only say that he would go back and consult the directors on the board of directors for their opinions. Luo Qihong nodded and agreed, saying that he could wait for two days.
After seeing off Guo Zhiren, Luo Qihong began to think about how to invest the funds. Although the cooperation with Li Yulong lacked funds, he was not in a hurry and could make some short-term investments first.
Hongpu Real Estate Company Conference Room
There were still four people attending the meeting, Luo Qihong, Lin Luoqi, Li Yude and executive Wu Feng.
Luo Qihong browsed the information carefully, frowned slightly inadvertently, and read faster and faster.
“I didn’t expect that the small Best Real Estate Company would be acquired by five companies (including Hongpu Real Estate). It was really lively.” Luo Qihong said with a cold face, this is indeed spectacular.
Luo Qihong has already had the idea of exiting. It is not worth it to go to war for a heavily indebted Best Real Estate Company and even suffer losses. They can completely shift their goals and do not need to stay under a tree. Hang yourself.
"We have already acquired 14.3% of the equity of Black & Decker Real Estate Company, and now we are in a difficult situation." What Lin Luoqi said seemed to mean that he did not want to quit.
Luo Qihong put down the information and said with a smile, "The equity can be released completely, or it can be released after a lot of hype. Our goal is to acquire a listed real estate company, then reorganize debts and assets, and finally make a profit. There is no need to worry about this company." Is it Best Real Estate? "
Li Yude echoed, "Ah Hong is right, there will be Qianshi Real Estate without Best Real Estate. It is of no benefit to us to go head-to-head with our opponents. It is better to make a profit and leave. And Hongpu The real estate company has insufficient funds and it is difficult to win an acquisition war. "
Lin Luoqi became obsessed because Yiren Real Estate Company joined the acquisition war. He wanted to defeat the Lin Luoxun brothers and win back what he had lost. Yiren Real Estate Company lost face.
"I saw in the information that Yiren Real Estate Company was also involved. We might as well take advantage of Yiren Real Estate Company's weaknesses and make a good profit." Luo Qihong glanced at Lin Luoqi and smiled, "I suggest Hongpu Real Estate Company immediately announced its acquisition of Best Real Estate Company, and the momentum should be larger to increase the stock price."
Li Yude smiled and said, "I think this plan is feasible, what do you think of Luo Qi?"< br>
"Okay, then just do as Ah Hong said." Lin Luoqi was helpless, but the only good thing was that he could give Brother Lin Luoxun a hard fall.
"Since Best Real Estate has ruled out our plan, we should hurry up and collect information on the next acquisition company. I think it is best to leave this task to Luo Qi. What does Uncle Li think?" Luo Qihong didn't want Lin Luo to Qi gave up his job at this time.
Luo Qihong didn't trust Li Yude very much. Lin Luoqi took charge of these matters and acted as a check on Li Yude, making his position safer.
He also wants to concentrate on running Zhao'an Real Estate Company and does not want to spend too much time on this project. After all, Zhao'an Real Estate only gets partial profits.
Luo Qihong also plans to make more profits from the acquisition, and even take the opportunity to clear out his personal debts and the debts of Zhaoan Real Estate Company.
"Okay, leave the collection of information to me." Lin Luoqi responded still unhappily.
After leaving Hongpu Real Estate Company, Luo Qihong immediately called Bai Jinyan and asked him to help Zhaoan Real Estate Company buy shares of Black & Decker Real Estate. He also specifically asked not to be exposed easily.
At this time, Black & Decker Real Estate's stock is in a period of chaos, and it is not easy to attract others' attention by absorbing some small amounts of individual stocks.
Although it is not possible to make big money from Best Real Estate Company, "no matter how small an ant is, it is still meat." Zhaoan Real Estate Company needs to increase the principal it holds in order to make big money.
A few days later
Luo Qihong signed a formal contract with John Madden. 31% of the shares of Towngas Company were transferred to Luo Qihong's Hehong Real Estate Company. Together with the 5% shares of China Gas Company acquired from the Chinese Real Estate Company, today's Hehong Gas Company Hong Real Estate Company holds 36% of the shares and becomes the largest shareholder of Towngas Company.
Luo Qihong did not immediately deprive John Madden of his position as chairman of the board of directors. Instead, he made himself the executive director and general manager, directly ousting John Madden.
Under such operations, Luo Qihong gained a good reputation and gained actual control of the China Gas Company. This was two birds with one stone.
In fact, the reason why Luo Qihong adopted this approach was to leave himself some time to deal with the personnel issues of Towngas Company, so as not to push those people too hastily, which would easily lead to them jumping over the wall in a hurry.
However, Luo Qihong ignored John Madden's character of preferring face to profit. As a result, Wheelock Company announced the acquisition, the profits, and the board of directors' continued appointment as chairman the next day. .
This caught Luo Qihong off guard. Although it had little impact on the management of China Gas Company, it had a huge personal impact on him. Many people in Xiangjiang focused on him, making it less convenient to do things.
Such astonishing news was inevitably reported and added to by major newspapers, making Luo Qihong’s name even more dazzling.
The title of "Sing Tao Daily" is 'A new generation of tycoons is rising! ! ’
The headline of "Oriental Daily" is 'Another British-owned company falls into Chinese hands! ! ’
Some even compare Luo Qihong with Li Jiacheng who acquired Hutchison Whampoa Company and Pao Yugang who acquired Wharf Company, calling Luo Qihong the leader of the new generation of Chinese tycoons.
Some magazines began to report on Luo Qihong's background and deeds, and some newspapers even wrote that he was the illegitimate son of Luo Yingshi, the owner of Great Eagle Real Estate Company.
Fortunately, Luo Qihong himself has a complete family and a network of relatives that spans more than ten years, otherwise he would really not be able to explain clearly. Such news spread throughout Xiangjiang. Naturally, many second- and third-generation heirs of Xiangjiang Chinese families were very dissatisfied with this. They believed that Luo Qihong was just a "flash in the pan" without much support and would become the history of Xiangjiang sooner or later.
This gave Luo Qihong a headache. He had no good way to stop it and could only bear it silently, thinking that if he didn't respond, the news would disappear in a few days.
Yiren Real Estate Company Office
Lin Luoxun looked at the newsprint and his face was a little livid. Luo Qihong actually acquired such a high-quality specialized company. Now he has the courage to confirm that Luo Qihong sold Paramount Company entirely to raise funds to acquire China Gas Company.
"This Luo Qihong has such a deep mind!" Lin Luoxun put down the newsprint and sighed.
If Luo Qihong really "swallows the whale" and eats the China Gas Company, it will definitely become a trend, and it will be difficult for Lin Luoxun to catch up, or even come close.
Lin Luoshi sat next to him with an extremely ugly face, "The market value of Paramount Company is 920 million yuan, and Luo Qihong's maximum profit is 460 million yuan. How can such a huge amount of funds be obtained for acquisitions?" The China Gas Company must have borrowed money from the bank, and may not be able to afford it."
Lin Luoxun said, "Two-thirds of the loan is indeed amazing, but I don't think Luo Qihong will fail. It was so much in the first place. People are not optimistic about Paramount Company and Hongpu Real Estate Company, but Luo Qihong still saved these two companies. What's more, there is no problem with the operation of China Gas Company, so Luo Qihong still has a high chance of digesting China Gas Company. ”
Lin Luoshi was still unconvinced, but he remembered another thing, "Should we continue with Best Real Estate Company?"
Lin Luoxun knew that Lin Luoshi was worried, but he shook his head, "Of course To continue, this is a money-making project, and it is normal business behavior. No matter how powerful Luo Qihong is, he cannot threaten us."
"Well, let's continue," Lin Luoshi nodded, "But brother, if it's Luo Qihong. As we grow, we may not be able to restrain Lin Luoqi, after all, they are partners."
Lin Luoxun looked at Lin Luoshi and said seriously, "You want to join China Gas Company, which has a market value of 2.2 billion yuan? It's a big company. The market value of Yiren Real Estate Company is only a few hundred million, and it can't be pried at all."
Lin Luoshi pursed his lips and said with a smile, "Brother, in addition to China Gas Company, Luo Qihong also owns Zhaoan Real Estate. Company? I have investigated and found that the current market value is 140 million yuan, but Luo Qihong’s shareholding is very high.”
Lin Luoxun became a little angry, "We all know that Luo Qihong holds a high shareholding, why are we intervening? Will we provoke hatred?"
Lin Luoshi said calmly, "Luo Qihong is now in debt of hundreds of millions. I think he is very rich." We may reduce our holdings in Zhao'an Real Estate Company. Then won't our opportunity come? As long as we operate it properly, it won't be a problem to expel Luo Qihong from the real estate industry."
This statement has to be said to be somewhat true. It makes sense, because Towngas Company is of higher quality than Zhaoan Real Estate, and Towngas Company's holding is not very stable. Of course Luo Qihong will not abandon China Gas Company and choose Zhaoan Real Estate.
Lin Luoxun did not respond immediately, but fell into deep thought. In fact, he did not want to enmity with Luo Qihong anymore, but if Lin Luoqi made a comeback, everything he had done before would be in vain, and the family business would most likely fall to Lin Luoqi. The hands of Rocky and his son.
Didn’t the two brothers work in vain, making wedding clothes for Lin Luoqi’s mother and son?
He could not let Lin Luoqi develop and must take countermeasures.
As for reconciliation with Luo Qihong, Lin Luoxun has not thought about it, but even so, it cannot prevent Luo Qihong and Lin Luoqi from cooperating.
He and Luo Qihong had some minor disputes, and it was difficult for them to achieve a level of 'intimate' cooperation.
This is nothing more than the difference between drinking 'strong poison' and 'chronic poison'. After all, you cannot avoid the threat of death.
Rather than sit back and wait for death, it is better to take the initiative and extend the time for Luo Qihong's rise.
"Okay! But don't use the funds of Yiren Real Estate Company to buy it, but use the funds of Haofeng Real Estate to buy it. This is safer." Lin Luoxun finally agreed.
Haofeng Real Estate will still be in the hands of Lin Zuhui for the time being, and Yiren Real Estate Company may change hands at any time, so it is not safe.
The two brothers looked at each other and smiled, as if their plan had succeeded.
The Paramount Company has been handed over to the Chinese Real Estate Company, and Luo Qihong placed some of the staff headed by Kang Wenyi in the Siu On Real Estate Company, and the other staff headed by Su Qishan in the China Gas Company.
He did not directly add people to certain departments of Towngas Company, because doing so would only distract the strength and be targeted by certain executives, so he created a new department - the General Manager Secretariat, All the people in Su Qishan's department are placed in the general manager's secretariat.
The secretariat is nominally assisting the general manager, but in fact it is investigating the interpersonal network of Towngas Company and the attitudes of managers, and at the same time infiltrating various departments.
This is the best solution Luo Qihong could come up with. It is also the solution with the least loss and the best effect.
If John Madden hadn't made the matter bigger without authorization, Luo Qihong would not have been so passive and could have dealt with the China Gas Company's problems more calmly.
Towngas Company General Manager's Office
"Boss, most of the foreign management are ready to make a move. They don't want to accept Chinese bosses." Su Qishan reported with a serious face.
Luo Qihong nodded. This was expected. "To appease them, the company cannot do without them for the time being. How is the investigation you were asked to do?"
"Most Chinese people are willing to report to Let's get closer. As for whether there are any foreign spies inside, we need to check again." Su Qishan smiled and said, "There are also three foreign managers who are willing to surrender to us. They are the deputy manager of the sales department, Reske, and the deputy manager of the transportation department. Zamas and Director Finch. "
"If I promote them to department managers, can they take full control of the department?" Luo Qihong asked.
Su Qishan pondered for a moment and said, "You can give it a try, but it should be difficult."
"Don't worry, you first talk to the two deputy managers of the sales department and transportation department. Once you have a chat, you can tell them that I intend to promote them as managers, but they must ensure that there is no turmoil in their department.”
(End of this chapter)