Chapter 166 166 [Paving the way for the future]
Luo Qihong is a strong man, and with his current achievements, he naturally does not want to be teased by Bai Jinyan, and Bai Jinyan does not understand his position clearly.
"Sister Jinyan, I think you don't want others to interfere in your private life." Luo Qihong continued, "The transaction between the Li Bingjun family and me involves tens of millions of yuan. This is no joke."
< br>Bai Jinyan knew this was a warning and could only nod obediently, "Yes, I understand. Didn't you sell Hongpu Real Estate Company to Dehe Real Estate Company before? How did it fall into the hands of Li Bingjun's family?"< br>
Private matters cannot be discussed, but official matters can be discussed, and Luo Qihong cannot refuse.
So, Luo Qihong explained the joints to Bai Jinyan, which of course saved him a lot of trouble.
Bai Jinyan smelled that Yonghua Company's project could be profitable, so he suggested with a smile, "Do you need De'an Securities Investment to get involved?"
Luo Qihong smiled and waved his hand. He said, "I still don't want it. The cake is too small and there are many people sharing it. However, Dean Company can invest in Hong Kong and Kowloon Shipping Company, a subsidiary of Far East Development, and buy about 15% of the stock."
"Hong Kong and Kowloon Shipping?!" Bai Jinyan was silent for a moment and said, "When I was at Sun Hung Kai Securities, I seemed to have heard the senior management mention this company. Is someone planning to acquire it?"
Luo Qihong He whispered, "There is such news. The company is taking the lead, but they are still negotiating."
Bai Jinyan secretly exclaimed that as long as Jianing Company takes the lead, the market value of Hong Kong and Kowloon Shipping Company will not be low and will be more profitable than Yonghua Company.
"Besides De'an Company, which other companies will you arrange to buy?" Bai Jinyan was obviously not satisfied with such a small amount of equity and wanted to take the opportunity to make a fortune.
Luo Qihong saw Bai Jinyan's thoughts and smiled, "Don't be greedy! This company is developed in the Far East, so at least three companies have entered the game. You can get 15% of the current shares, which is already good." "
"I will buy some shares personally, about 10%. According to my estimation, this sale can make a profit of 5 times."
Bai Jinyan immediately said. The greedy thoughts were extinguished. After all, Luo Qihong himself only bought 10%, and De'an Company had already taken a big advantage.
So, Bai Jinyan changed his angle and said coquettishly, "Isn't it because today's matter has nothing to do that you don't plan to hand over this project to De'an Company?"
Luo Qihong chuckled and said, "I must say it." , but it will be later."
"I believe you." Bai Jinyan saw the smile on Luo Qihong's face and took the opportunity to say, "I want to make a deal with Li Bingjun and the others. Do you know if you will agree?"
Luo Qihong blinked and looked at Bai Jinyan in confusion, "What deal?"
"I'll give it a try, but don't worry. It will definitely be beneficial to us." Bai Jinyan smiled mysteriously.
Luo Qihong nodded. He didn't think Bai Jinyan would do anything harmful, so he didn't think much about it.
Hexiang Trading Company Office
Luo Qihong carefully browsed the report submitted by his subordinates, which was the sales data for November.
The 'bundled sales method' implemented by Luo Qihong began to work. Both classic fans and Isuzu cars were popular, with sales exceeding 14 million yuan and a profit margin of 21%.
Hexiang Trading Company made a profit of 2.94 million yuan, an increase of 100% compared with October. It can be said that it made a lot of money.
The 300,000 fans provided by Amego have been sold out, and Amego is now quickly replenishing its positions, and some of them need to be shipped to Singapore and other places.
Among them, the sales of Isuzu cars have experienced explosive growth, and trucks are the best-selling car type, with a total of 15 units sold.
Luo Qihong felt that this speed was still not fast enough and more channels were needed for sales, so he accelerated the acquisition journey of Hexiang Trading Company. Wan Chai Kam Hing Real Estate Company
This is a company owned by the Cheung Yu-liang family and holds a large number of properties in Central, Causeway Bay and other places.
Since the scandal broke out in the Zhang Zhushan family (Zhang Yuliang's father), Zhang Yuliang has begun to prepare to leave Hong Kong and invest in Australia. Therefore, during this period of time, Zhang Yuliang has been selling off family properties to withdraw a large amount of funds.
Luo Qihong took a sip of tea, pursed his lips and smiled at Zhang Yuliang and said, "I heard that Jinxing Land Company wants to sell a group of properties in Central and Causeway Bay. I wonder if they have found a good buyer?"
Of course, this is nonsense. If a buyer is found, Zhang Yuliang will naturally not see Luo Qihong again.
However, Zhang Yuliang is not a fool. He knows that competitive sales can maximize his own interests.
“We haven’t found a buyer yet, but many colleagues have already come to bid.” Zhang Yuliang said calmly.
"Can you tell me what the highest price is?" Luo Qihong had many plans in mind, but Zhang Yuliang had to be satisfied.
“The premium is 10% for the time being.” Zhang Yuliang was worried that the asking price was too high and would scare Luo Qihong away.
Because Zhang Yuliang knew that Luo Qihong still owed Wheelock Company several hundred million yuan in balance payments, it was difficult to come up with a large amount of funds, and the current highest asking price was not a 10% premium, but a 5% premium.
Luo Qihong thought about it for a moment. According to the current market conditions, the premium of 10% is not low. This price is within his acceptable range. However, he has decided that these properties are not acquired by Zhaoan Real Estate Company, but by Zhaoan Real Estate Company. It was Yonghua Company that came to swallow it.
This batch of properties includes Dana Building, 25 Yiu Wah Street, Causeway Bay, four-storey properties on the 12th, 13th, 14th and 16th floors of Barit Building, Wyndham Street, Central, and Des Voeux De Shing Building, Central. The two-storey shopping mall is worth NT$156 million, and after a 10% premium, the price is NT$171.6 million.
This price is 4.8 times that of Yonghua Company, which has a market value of NT$36 million. It can be said that it is like a snake swallowing a whale. If you are not careful, you will choke to death.
"Okay, how about a 10% premium?" Luo Qihong said with a slight smile.
Zhang Yuliang took a deep look at Luo Qihong and said, "For the same price, why should I sell it to Luo Sheng? This requires Luo Sheng to give me a strong reason."
Luo Qihong He immediately replied, "I believe that Zhang Sheng's properties will not only be sold in this batch, but we will definitely cooperate again in the future. Zhang Sheng knows that I am a cheerful person, and I think I have good financial resources. This reason should be able to convince Zhang Sheng." Right? "
"What Luo Sheng means is that he can buy the next batch of properties from Jinxing Real Estate Company at a premium of 10%?" Zhang Yuliang didn't want an ambiguous reply, but a promise.
"As long as the property is of high quality, of course you can swallow it." Luo Qihong smiled lightly.
It is impossible for Zhaoan Real Estate Company to take advantage of these premium properties, because it has no intention of selling Zhaoan Real Estate Company. In this case, the premium will mean losses and increase Zhaoan Real Estate Company’s liabilities.
This is a very big hidden danger.
"Well, Luo Sheng's strength is obvious to all, and we may have other cooperation in the future." Zhang Yuliang admired Luo Qihong's courage. He started from scratch at a young age and successively swallowed several listed companies, including China Town Gas. No company is immune.
Such talents will sooner or later become the dominant force in Hong Kong, which may be helpful to the Zhang family.
After all, Zhang Yuliang does not plan to withdraw all investments in Xiangjiang, but only sells most of the property assets. Wheelock Company's status as the major shareholder will still be retained.
"Haha!! Thank you very much, Mr. Zhang." Luo Qihong said, "I have another unkind request. I hope that this amount can be disposed of according to the transaction of the China Gas Company. What do you think of Mr. Zhang?" "
Zhang Yuliang thought carefully and nodded. After all, Luo Qihong has a lot of property and will not default on his debts.
(End of this chapter)