Chapter 163 163 [Return to the banner]
"I am really in some difficulties now. It will take a long time. I hope the price will be better." Lin Luoqi glanced at Luo Qihong guiltily, and he also knew This is unlikely.
Luo Qihong smiled and said, "Lodge, Zhao'an Real Estate Company's debt is close to 200 million yuan, and it needs to repay hundreds of thousands in interest every month. I'm afraid it will be difficult to help you. For the sake of my friends, I suggest you pledge your shares in Best Real Estate Company, acquire some equity from Zhaoan Real Estate Company, and increase your shareholding to a position where you are not afraid of challenges."
Lin Luoqi's breathing began to worsen, and his expression became darker. Luo Qihong was so gloomy that he refused to help, and he had no family backing. It would be difficult for him to repay his personal debt if he added to it.
Luo Qihong has tolerated the unbacked Lin Luoqi to the extreme, but considering the past situation, he still suggested, "There is another plan, which is to sell Dehe Real Estate Company, which will allow you to increase your equity stake. to a secure position.”
Lin Luoqi still has a strong aura of a 'rich second generation'. He thinks that others will give him this face, but he doesn't know that face is given by himself or the forces behind him, not by self-righteousness.
Nowadays, he has poor entrepreneurial ability and is greedy. He ignored Luo Qihong's reminder earlier. Now he is stuck in the quagmire and has lost his roots.
Now it’s up to Lin Luoqi to choose whether to keep Dehe Real Estate Company or risk keeping Best Real Estate Company, which has many problems.
If Luo Qihong were in Lin Luoqi's position, he would not hesitate to abandon Best Real Estate Company, exchange the funds for the development and expansion of Dehe Real Estate Company, and wait for the next opportunity to attack.
This kind of abandonment requires a lot of courage and clear development ideas, which Lin Luoqi, a certain 'mama's boy', naturally does not have.
Luo Qihong knew that Lin Luoqi must have asked Xu Jiawen for instructions, and the order to 'keep Best Real Estate Company' was indispensable. Lin Luoqi would also be greedy and believed that only by listing the company could he earn face in front of his family.
What Luo Qihong didn't expect was that Lin Luoqi responded decisively, "The current asset value of Dehe Real Estate is around 35 million yuan. I hope you can use 40 million yuan to calculate it. "
"No problem!" Luo Qihong nodded. "The current stock price of Best Real Estate Company is 0.9 yuan, with a market value of 270 million yuan. Zhao'an Real Estate Company holds 90 million shares, and Rocky you hold 81 million shares. "
"The total share capital is 300 million shares. If you acquire all these shares, you will need 81 million yuan to hold more than 50% of the shares, triggering the bottom line of a comprehensive acquisition. , I suggest you hold 49% of the shares, and the funds required will be much lower.”
Lin Luoqi already holds 27% of the shares, and only needs 22% of the shares to reach 49%, and Zhao. An Real Estate Company holds 30% of the shares. If it takes all of it, it will be in big trouble.
"What are you going to do with the remaining 8%? Are you going to sell it directly on the stock market?" Lin Luoqi asked.
"Probably, if it weren't for our friendship, I wouldn't have taken over Dehe Real Estate at this time. What Zhaoan Real Estate needs is cash, not a company." Luo Qihong said to Lin forcefully. Rocky asked for a favor. After all, this favor should not be given in vain.
Lin Luoqi nodded, acknowledging the favor.
Dehe Real Estate Company is worth 40 million yuan, and Lin Luoqi Private still has to pay 26 million yuan in cash.
Luo Qihong does not think that Xu Jiawen and Lin Luoqi had the funds, otherwise they would have increased their equity stakes long ago, instead of allowing Zhaoan Real Estate Company to remain the largest shareholder for so long.
News of the acquisition challenge broke out on the second day. Best Real Estate's share price rose by 1 cent, its market value exceeded 300 million yuan, and its debt ratio further dropped to 30%, making it a real estate company with good operating conditions.
Lin Luoqi worked very quickly. He signed a contract with Luo Qihong on the same day, and held a press conference in the afternoon to announce that he held 49% of the shares and became the largest shareholder of Best Real Estate Company.
Office of Zhaoan Real Estate Company
Sitting opposite Luo Qihong was an uninvited guest. He had a lot of troubles with Luo Qihong, more than any opponent.
“I would like to ask, how much equity does Yiren Real Estate currently hold in Best Real Estate?” Luo Qihong asked.
Lin Luoxun, who was opposite, responded with a smile, "Yiren Real Estate Company has acquired 7.5% of the equity of Best Real Estate from Century City Company, plus the 13% acquired from the stock market, for a total of 20.5% of the equity."
The 20.5% equity makes Yiren Real Estate Company the second largest shareholder of Best Real Estate Company. The control of Best Real Estate Company is still in the hands of Lin Luoqi, and Lin Luoxun cannot shake it. Zhaoan Real Estate Company holds 8% of the shares. If sold to Yiren Real Estate Company, it will hold 28.5% of the shares.
This is a potential threat to Lin Luoqi. If there is a slight problem, Lin Luoxun may turn against customers and take advantage of the situation to seize control of Best Real Estate Company.
Of course, this has nothing to do with Luo Qihong, and if Lin Luoqi loses control if he holds 49% of the shares, it is better to be a rich second generation.
"The premium is 10%, and the price of 1.2 yuan per share is naturally hard for me to refuse." Luo Qihong said with a faint smile.
"Then we have a happy cooperation?!" Lin Luoxun extended his right hand towards Luo Qihong.
Luo Qihong shook hands with Lin Luoxun, "It's a pleasure to cooperate! But I hope Yiren Real Estate Company can settle the payment in one go, because Zhaoan Real Estate Company is anxious to use the funds."
Lin Luoxun thought about it. I thought, "Okay! Please give me a week."
This request is not in compliance with the rules, but if Luo Qihong refuses and holds the 8% stake for a long time, it will give Lin Luoqi a huge opportunity. Confidence, Lin Luoxun's strategy to seize control of Best Real Estate Company faces challenges.
Moreover, Lin Luoxun was worried that Luo Qihong would take advantage of the situation and eat up Best Real Estate Company, so wouldn't he have made Luo Qihong's wedding dress?
So, now we must drive Luo Qihong out of Best Real Estate Company and cut off Luo Qihong's thoughts.
This transaction involves 28.8 million yuan, plus 26 million yuan from Lin Luoqi’s personal payment and 40 million yuan from Dehe Real Estate Company, for a total of 94 million yuan. 800,000 yuan.
The profit gained by Zhaoan Real Estate Company was 49.8 million yuan, with a profit rate of more than 100%.
Although this is somewhat different from Luo Qihong’s expected profit, it is still good overall.
The profit this time can completely make up for the capital expenditure caused by Chen Zhilong's acquisition of small listed companies.
After Lin Luoxun left, Luo Qihong personally called Lin Luoqi to inform him of the news and make him feel prepared.
Then Chen Zhilong and Cheng Jianshen came in hand in hand, holding documents in their hands, ready to report on their work.
“Currently, the funds on the company’s books have bottomed out, including a large amount of funds withdrawn from commercial building renovation projects. However, we have already acquired Yonghua Company with a market value of 36 million yuan, holding 49.6% of the shares. , costing 21 million yuan," Chen Zhilong reported.
The market value of Yonghua Company is too low. It can be called the bottom real estate company in Hong Kong. The properties it holds are also very scattered, causing a lot of cost waste to management.
Luo Qihong read the report and ordered: "Sell all the properties owned by Yonghua Company at market prices, and then sell one of the old commercial buildings in Kowloon City held by Siu On Real Estate Company to Yonghua Company, and then pledge and loan The funds will then be used to jointly acquire a high-quality commercial building with Dehe Real Estate Company. "
The purpose of these plans is to increase the stock price of Yonghua Company. After all, Zhaoan Real Estate Company did not want to operate Yonghua Company for a long time from the beginning. , but acted as a matchmaker to marry Yonghua Company to a 'Weishui Lao' (a rich man).
After Chen Zhilong's matter was over, Cheng Jianshen reported, "Dehe Real Estate Company currently owns a Baofeng Building in Kowloon with a market value of 27 million and 6 shops under renovation, with a total asset of 3 15 million yuan. ”
“The business situation is good, but I suggest that some employees of Dehe Real Estate Company be replaced because they are disloyal to the original owner and are slack in their work. I am worried that there will be big problems in the future.”
"This is just a trivial matter, just change it." Luo Qihong waved his hand, and he still had to give Cheng Jianshen this bit of face.
(End of this chapter)