1281【Leveraged Buyout】
After talking to Michelle on the phone, he accompanied Wang Qixian to breakfast, and then took a car to Wenhe Group. Pen fun and pavilion www.biquge.info
"Mr. Xia~" Liang Botao saw him and hurriedly greeted him, "You have come back from the United States!"
"Yes. Summer nodded, "How is it going, how is the operation of the company during my absence?"
"Everything is in order. Liang Botao said with a smile, "Moreover, I have made 150 million Hong Kong dollars by speculating in foreign exchange during this time." ”
"Well, good news!" Xia smiled with satisfaction when he heard this, "By the way, Bo Tao, help me count my current assets and see how much money I have now." ”
He's about to buy Columbia-Samsung Pictures, which is a big deal of more than $3 billion. He has to know how much he has in order to be able to do so.
The key to the fact that Asia Television, Tianxia Pictures, Magazines, Comics, Ming Pao Group, and other companies that have not yet been listed is difficult to say what their value is, and they must be evaluated in detail by professionals.
"Okay. Liang Botao nodded, "Mr. Xia, are you preparing for the acquisition of a Hollywood film company?"
"Yes. This acquisition may cost more than $3 billion, and I don't know if my capital is enough. Summer smiled.
"It should be about the same. The cash you have in hand now is HK$15 billion, plus the shares of Wenhe Group, which is worth at least HK$16 billion. Taken together, there are already 30 billion Hong Kong dollars.
If you count the assets of Tianxia Pictures, Asia Television, Tianfeng Records and other assets in your hands, they will be at least 35 billion Hong Kong dollars. You haven't been spending a lot of money lately, so I think that should be enough money for you to buy a Hollywood studio. Liang Botao said with a smile.
"But I have a place where I need to spend money, and it's not a small amount of money. Summer thought to herself.
The disaster will break out at some point, and in order to take advantage of the fire and maximize his own interests, he has been hoarding a large amount of cash in his hands in the summer.
Now, if he buys Columbia Pictures, it will cost him half of his money. In this way, once the stock market crash breaks out, then he will have less than half of the cash to use, and the income will naturally be halved or even doubled.
"Bo Tao, is it possible to buy a very large company for a small amount of money?" asked Xia expectantly.
It would be best if you could buy Columbia-Samsung Pictures with little or no money at hand. It's just that there is such a cheap thing in the world?
"Yes, with leveraged buyouts, you can complete the acquisition with a small amount of money and achieve 'snake swallowing elephants'. Liang Botao nodded and said with a smile.
"Really?!What is the leveraged buyout method, help me talk about it carefully. When Xia heard that there was really such a thing, his eyes lit up and he hurriedly asked.
"The so-called leveraged buyout is also known as financing mergers and acquisitions. Usually the acquirer will only contribute a small part of the money, and the rest of the money will come from bank loans, institutional borrowings or the issuance of junk bonds. It is also secured by the assets and future cash flows and earnings of the acquired company, and is used to repay principal and interest. Liang explained.
"However, leveraged buyouts, although they can be small and big, snake swallow elephants, seem to take advantage. However, the high interest and principal to be paid in the future will also put a lot of pressure on the future operation of the enterprise. If the interest and principal cannot be repaid on time, the company's operation will be paralyzed, and eventually it will end in bankruptcy and liquidation. Liang Botao reminded again.
Summer nodded, understanding that this so-called "leveraged buyout" is to eat food and overdraft future earnings in advance. In this way, if the company does not manage well in the future and cannot fill this hole, the company will run into trouble. But he wasn't worried. In this stock market crash, his income has at least doubled, so he can afford to pay no matter how high the interest is.
"It seems that this is a solution. Summer smiled in her heart.
……
"By the way, Bo Tao, I asked you to get the film fund before, how about it?" asked Summer with a smile afterwards.
Knowing that the funds for the acquisition of Columbia-Samsung Pictures have been resolved, he is now in a particularly comfortable mood.
"I've already drawn up a plan. Liang Botao nodded, "Let's set up a fund company with a registered capital of 100 million Hong Kong dollars, and then launch fund products, and the brokerage and bank will be responsible for sales, or we can sell them directly." ”
"Good. When Xia heard this, he smiled and nodded, "Then let's do it." When will it be done?"
"Soon, it shouldn't take more than a week. Liang Botao said with a smile.
As a free trade port and a world financial center, Hong Kong has relatively relaxed regulations on the management and registered capital of fund companies in order to attract investment funds from all over the world.
In the Mainland, it is agreed that the capital of the sponsor of the fund company shall not be less than RMB300 million. Hong Kong only agreed not less than one million Hong Kong dollars.
However, although Hong Kong has relatively loose capital requirements for fund companies, it has very strict requirements for practitioners. The directors of the fund company must have a good reputation and sufficient experience to perform their duties, and secondly, the promoters and partners must have good credit standing, no bankruptcy, no debt restructuring records, etc.
But in general, setting up a fund management company in Hong Kong is much simpler than setting up in the mainland. It takes about a month to register a fund company in the mainland, but in Hong Kong, because the procedures are simplified, it is almost a week.
"That's fine. When Xia heard this, he smiled happily, "Bo Tao, hurry up, in a week, I hope to see the establishment of the fund company." ”
"Don't worry, Mr. Xia, wrap it up on me. Liang Botao nodded and said, "By the way, Mr. Xia, what's the name of the fund company?"
"I'll have to negotiate the names of the other two. Prepare the other materials first, and I'll tell you the name when I get back. Summer waved his hand.
This fund company was established by him at the invitation of Golden Harvest and Xinyicheng, and of course the name is not good, so he makes his own decisions. This is not because he is afraid of Golden Harvest and Xinyicheng, but out of respect for his partners.
"Okay. Liang Botao nodded.
……
In the summer, I stayed at Wenhe Group for a while, and then took a car to Asia TV.
On the way, he called Zou Wenhuai from Golden Harvest and Mai Jia from Xinyi City and asked them to have a light meal together at noon. Let's talk about the film fund, and about the acquisition of Columbia-Samsung Pictures.
Both of them readily agreed, and agreed to meet at Fulinmen Restaurant at noon.
"Mr. Xia, you're back from the United States!" Zhou Liang Shuyi said with a smile when she saw Xia.
"Yes, Mrs. Zhou, I came back yesterday. Summer nodded, "Well, everything is okay in my absence." ”
"It's all right, I'm about to report back to you. Zhou Liang Shuyi smiled and nodded, "The third original song contest held by us in cooperation with Tianfeng Records has been successfully concluded, and the ratings of this competition are still very high, with an average rating of eighty percent, and it reached nine out of nine in the finals, and there are almost no ratings on wireless."
And this competition also selected a lot of outstanding musical talents, such as the island band, City Beats, Boundary Band and so on. In addition to these bands, there is also a gentleman named Hu Weili, who does not sing, but plays pure music with a sheng pipe flute, and is also very talented. ”
"Who?!" Summer was stunned when she heard the name, and then asked in surprise.
"Island Band, City Beat ......" Zhou Liang Shuyi couldn't help but be stunned when he asked this, and then reported the name of the winner.
"No, no, I asked if it was the bands, but the one who came on stage with a flute and played pure music. Summer hurriedly waved his hand.
"Oh, his name is Hu Weili, and he only came to Hong Kong from the mainland last year. What, Mr. Xia, do you recognize him?" Zhou Liang Shuyi couldn't help but ask suspiciously when she saw Xia's reaction so strange.
"Of course I know him. Summer thought to herself.
Hu Weili is a well-known soundtrack master in Hong Kong, and he has countless works in his life, such as "Drunken Fist 2", "The Legend of Deer and Ding", "Tai Chi Zhang Sanfeng", TVB Lu Songxian's version of "Smiling Proud Jianghu", "Jiupin Sesame Official", "Tang Bohu Dots Autumn Fragrance", etc., which are definitely not inferior to Huang Zhan, Gu Jiahui, Chen Xunqi's soundtracks.
Summer liked his music very much in his previous life, such as "Stealing Gong", "Market", "Snow Qianxun", "Smiling Proud Jianghu Song Qin and Xiao Ensemble", etc., which are all classics that I never get tired of listening to.
I didn't expect this master to enter his Tianfeng record now, which is really unexpected.
"Oh, when I went to the mainland last year, I heard his name and heard that he was a very talented musician, but unfortunately I didn't have the opportunity to meet him. I didn't expect him to come to Hong Kong to develop, it's really fate. Summer then made up a reason.
"Ah, I also heard him say that he is well-known in the mainland, has written many works, and has performed for national leaders. Zhou Liang Shuyi said with a smile, "I thought he was bragging, but I didn't expect you to know, Mr. Xia, it seems that he is really a real person who does not show his face." ”
Xia smiled and nodded, "There are one billion people in the mainland, the hidden dragon and the crouching tiger, and there are many capable people, which cannot be underestimated." ”
"Hmm. Zhou Liang Shuyi also smiled, "In addition to tapping a lot of musical talents, we also received 35 million Hong Kong dollars in advertising fees, 15 million Hong Kong dollars in naming fees, and in addition to all costs, we also made a profit of 33 million Hong Kong dollars." ”
"Yes, yes. When Summer heard this, she smiled and nodded.
"In addition to the 3rd Original Song Contest, ATV recently cooperated with Yuedong TV to shoot "Hero Huang Feihong". Zhou Liang Shuyi said again.
"Huh!?" Summer was stunned.