Chapter 98 10 million deal!
At ten o'clock in the morning on July 25, Su Cheng met Lin Xiufeng at the Bainingshun Group Building.
"Mr. Su, please sit down. I have admired your name for a long time. When I see you today, you are indeed young and promising!" Lin Xiufeng said with emotion.
It is incredible to think that someone in his early twenties takes control of Hutchison Whampoa, a former British-owned bank.
At this time, the place where the two of them were was the office of the chairman of Bainingshun Group.
Bai Ningshun Group is a listed company basically controlled by the Lin family.
"Mr. Lin is just kidding, I'm just lucky." Su Cheng sat on the sofa and said with a smile.
Lin Xiufeng sat across from Su Cheng and said directly: "I wonder what Mr. Su wants from me, Lin?"
"Since Mr. Lin asked directly, then Let me just say it straight, I heard that Jiashi TV Station, which is controlled by the Lin family, is having a hard time right now?" Su Cheng said directly.
"Who in Xiangjiang doesn't know this? Why would Mr. Su tease me knowingly? The Xiangjiang government doesn't want me to control Jiayi TV. It has investigated Jiashi again and again. Now I no longer have any confidence in Jiashi. ”
Although Lin Xiufeng didn't know why Su Cheng asked him about Jiashi, he still told the truth because it was something everyone knew and there was no need to lie about it.
"If I want to buy Jiayi TV Station, how much can Mr. Lin pay for it?" Su Cheng asked directly.
"Mr. Su wants to buy Jiayi TV Station? Why?" Lin Xiufeng thought he heard wrongly.
You know, who knows the dilemma of Jiayi TV Station? If you still want to take over Jiayi TV at this time, isn't it just a big fish?
Su Cheng looks like a fool? Lin Xiufeng didn't think so.
This is a man who can take Hutchison Whampoa as his own without any hesitation.
Although he is young, who dares to underestimate him?
It is impossible for Taipan, the first Chinese man in a major British-owned bank in Hong Kong, not to be able to see the specific situation of Jiashi.
So, there must be a reason.
"I heard that Jiayi TV has never made a profit since it was established. Instead, it has been burning money, right?" Su Cheng asked.
"Well, I might as well say it bluntly. It has never been profitable. It has been able to support it until now only because of my continuous capital injection. At the beginning of July, I still had high hopes for it. Unfortunately, even if I burned through the money invested this time, it still has no results. , so I have no hope in Jiayi TV. If Mr. Su wants to buy Jiayi, I can give you a preferential price and let you take over." Lin Xiufeng said directly.
In fact, the main reason why Lin Xiufeng was disappointed with Jiashi was that the Hong Kong Government had been obstructing the Lin family's control of Jiashi, and only gave up completely when he found that continuing to invest in Jiashi had no significance for development. Good looking.
He knew that it was too easy for a business tycoon like Su Cheng to investigate the specific situation of a company.
So even if he lies and exaggerates the performance of Jiayi TV, it is useless and completely unnecessary.
“In fact, there is no reason why I want to buy Jiashi, because there are currently only three TV licenses in Hong Kong. If I buy TVB and Li’s TV stations, the price will definitely be high. After all, they are both developing very well. Only Jiashi, which has always only burned money, has a low price, so I chose to come over and chat with Mr. Lin to see what price Mr. Lin could offer. If the price was right, I bought Jiashi. If not, I can only choose between TVB and Li TV," Su Cheng said with a smile.
"Isn't Mr. Su afraid of the shortcomings of educational programs?" Lin Xiufeng still couldn't figure it out. Anyone with a discerning eye can see that Jiashi will not be able to make a profit unless it solves the problem of broadcasting educational programs every day.
"To be honest, the TV station is just a gadget to me. So what if I lose money every month?" Su Cheng said flatly, as if losing a small amount of money didn't count.
When Lin Xiufeng thought about the net worth of the person across from him, he understood that for this big boss with a net worth of tens of billions, the TV station's loss of one to several hundred thousand Hong Kong dollars every month was really nothing. money.
This may not be as much as other people’s pocket money.
It’s so irritating that people are so different from each other! Lin Xiufeng was very emotional.
At this time, he was also confused about how much he would sell Jiashi for if he sold it to Su City.
Jia Shi's "July Offensive" has been considered a complete failure. Lin Xiufeng has completely given up the illusion that Jiashi can rise.
Since 1976, the Lam family has invested a total of HK$40 to 50 million. It was impossible to get his money back, but he was not willing to lose too much.
Originally, he planned to give up on Jiashi completely and apply for bankruptcy liquidation directly after Jiashi spent all the money.
Unexpectedly, now there is an opportunity for him to get back some capital, and he must seize it.
But how much is good?
"Mr. Su, let me make a call first to discuss it with the family, and I will talk to you later." Lin Xiufeng thought for a while and finally said.
The Lin family does not have the final say alone. This matter must be discussed with the family members.
Moreover, he cannot be the only one to take the blame.
"Okay, I'll wait for you." Su Cheng smiled.
So, Lin Xiufeng left the office directly and went to the office next door to make a call.
After all, he couldn't invite Su Cheng out of the sofa and make a phone call in the office.
Or if we beat him in front of Su Cheng, wouldn’t it mean that the Lin family’s bottom line has been ignored by Su Cheng?
About ten minutes later, Lin Xiufeng finally came back.
"Mr. Su, after discussing with several key figures in the Lin family, if you give us 20 million Hong Kong dollars, we will immediately transfer all the equity to you, and I will also help you with the equity of other shareholders. Lin Xiufeng said directly as soon as he entered the door.
"Mr. Lin, you are too loud. Is Jiashi worth 20 million Hong Kong dollars?" Su Cheng said speechlessly.
He had no intention of paying so much money to buy Jiashi. If he really wanted to pay this price, he would not buy it at this time. Instead, he would wait until Jiashi went bankrupt and then go through Governor Mailiho’s Relationship to take over Jiashi.
After all, after Jiashi goes bankrupt, the Hong Kong High Court will appoint a bankruptcy administrator as the provisional liquidator to take over Jiashi’s assets.
When the time comes, it won’t be difficult to win Jiashi, but I’ll just owe Maliho a favor.
Su Cheng would not owe Mailihao a favor easily unless he had to.
"Mr. Su, our family's employees have invested nearly 50 million Hong Kong dollars in Jiashi, and if we sell it for 20 million, they only get back less than half of the capital. This is not a big deal. Lin Xiufeng shook his head and said.
“There is no guarantee of profit in business, and it is normal to lose money. This has nothing to do with the current value of Jiashi. Mr. Lin does not need to bring this up. If it is 20 million, I will I'm not interested in Jia Shi. It seems that it will be difficult to get a satisfactory answer when I visit Mr. Lin today." Su Cheng sighed.
"Don't worry, Mr. Su. Businesses are negotiated. Once both parties agree, the deal can be concluded. So how much is Mr. Su willing to pay?" Lin Xiufeng said hurriedly.
Twenty million Hong Kong dollars is naturally not their bottom line. After all, they did not expect Jiashi to get back some of their capital.
"I'm not a difficult person to talk to. Let's do this. I'll buy 100% of Jiashi's shares for 10 million Hong Kong dollars, and you'll have to deal with the other shareholders. If Mr. Lin agrees, we'll close the deal. Otherwise, I'll have to make another decision." Choose something else." Su Cheng said very directly.
In one sentence, if you agree to HK$10 million, the deal will be done, if you disagree, it will be over.
"Now that Mr. Su has reached this point, I won't dwell on the price anymore, so let's make the deal at this price!" Lin Xiufeng finally agreed.
Because it won’t work if he doesn’t agree. Apart from Su Cheng, it is absolutely impossible for Jiashi to find another successor.
If Su City really doesn’t want Jiashi anymore, then Jiashi will really have no choice but to fall into his own hands.
"Then, happy cooperation!" Su Cheng said with a smile.
"It's a pleasure to cooperate." Lin Xiufeng sighed helplessly.
Although I am a little reluctant, I still have to face reality.
(End of this chapter)