785 famous Chinese businessmen come to see!
Soon Chen Hui's Rolls-Royce team returned to Temasek Building, and after spending a while in the trading room of Temasek Building, Chen Hui returned to his office and slowly looked at the various charts!
When it was almost 12 o'clock at noon, the assistant walked in respectfully and said, "Chairman, Mr. Huang Hongnian, I came to visit you?"
Chen Hui raised his head and said, "Huang Hongnian??"
"Well, yes, Mr. Huang Hongnian has arrived at Temasek Tower and is in the reception room!"
"He also said he must see you today, or he will stay here forever!"
As he spoke, the assistant put a document on Chen Hui's desk.
Chen Hui frowned slightly, and said, "Bring him to my office!"
So Chen Hui also took a quick look at Huang Hongnian's information.
Huang Hongnian, the second son of Singaporean entrepreneur, investor and famous Indonesian consortium leader Huang Yicong. Huang Hongnian was born in Indonesia, and then went to study in the building, and returned to Indonesia after graduation to help his father manage the company, but because he is the second son, the eldest brother has a stable position, he can not inherit the family and become the head, he is born and loves to toss, and then he left the family, set up his own door, and came to Singapore to develop.
In the early 1980s, Huang Hongnian, who crossed the river to Singapore to fight the world, did a big thing and acquired a listed company, United Industries.
United Industries is a joint venture between a Taiwanese company and the Singapore government. When the Singapore government decided to withdraw, the receiver had twists and turns, and the latest buyer had not yet cooked raw rice, Huang Hongnian became Chen Yanjin, who was killed halfway.
After successfully controlling the United Industry, Huang Hongnian quickly shifted his main business to the real estate business, but he did not engage in development by himself, but continued to buy and sell real estate companies or projects through capital operation. In 10 years, it has developed United Industries into the most aggressive real estate enterprise in Singapore. Many companies or projects have been bought and sold, setting new records in Singapore's business community.
For example, in 1988, Huang Hongnian bought the Paragon Building for S$280 million, and then bought the investment company that owns the land at the back of the building for S$77 million. A year later, he sold the building and the land for S$690 million. In one year, a single business made more than S$300 million. It was also the largest property sale in Singapore's history at the time.
A few hundred million Singapore dollars is not a small amount even today, and it was a staggering amount almost 30 years ago. But Huang Hongnian's appetite was not satisfied. He felt that such a reversal project was still slow, so it was better to simply abandon the small fish and eat the big fish, and buy one of the largest real estate companies.
Ambitious, he also had a goal in mind for a long time: Singapore Land (later renamed Singapore Land). Singapore Land is the largest commercial property developer in Singapore, three times larger than the already large conglomerate.
However, many of Singapore's business tycoons at the time also coveted Singapore Land for a long time, but none of them succeeded. Before selling Paragon, Huang Hongnian had already taken a fancy to it, and he had put a lot of thought into it, thinking about how to hold the beauty through capital operation.
Huang Hongnian then sold Paragon, and after holding a lot of cash, he decided to take the bow of the overlord. He figured out the shareholding structure of Singapore Land and the situation of each shareholder, and then lurked like a crocodile and looked for opportunities.
As luck would have it, Huang Hongnian learned that the Kuwait Investment Authority, one of the major shareholders of Singapore Land, intended to transfer 12% of the equity in his hand on the condition that it was 5% higher than the market price, so Huang Hongnian did not sleep all night and strategized. Early the next morning, the board of directors of United Industry held a meeting, unanimously approved his proposal, and quickly bought the 12% stake at a premium of 5%.
After Huang Hongnian's first successful hunt, Huang Hong began to attack Singapore Land head-on from the "front door". He made a general offer and at the same time laid a wide net in the market to acquire shares. Because Huang Hongnian is good at capital operation, and has good personal relations with many fund managers on weekdays, he has long been clear about who has how much equity in Singapore Land, so every attack he makes is very accurate, and most of them are satisfied.
Huang Hongnian relied on the acquisition of shares in the market to swallow Singapore Land, and finally let him get his wish, and overnight took down Singapore Land, which Singapore Land Chairman Tao Xinbo spent more than half a century and decades of hard work to manage!
Upon completion of the acquisition, Mr Wong became the Chief Executive Officer of Singapore Land, making UIL the largest real estate group in Singapore and the largest in terms of total assets outside of Singapore's financial and state-owned companies. This acquisition was also the largest acquisition battle in Singapore's history at that time.
Subsequently, Huang Hongnian turned to the development of international capital markets. Huang Hongnian presided over the "United Industries" in Singapore for 11 years, and through speculation in enterprises, real estate, and stocks, the company's assets increased by more than 230 times, and became a large-scale listed company with a capital of S$4 billion.
But in 2009, because Huang Hongnian lost 800 million US dollars in foreign exchange, because the account was liquidated and forcibly liquidated, the net value of the account became negative, so Huang Hongnian owed Citibank a debt, and that painful loss made Huang Hongnian almost bankrupt!
He then sued Citi Private Bank, which he had worked with for 30 years, because the information Citibank gave him about his trading exposure was always inaccurate, causing him to take a larger exposure.
The people at Citibank thought that Huang Hongnian's statement was worthless, so they started a lawsuit, and in the end, Huang Hongnian's lawsuit failed miserably, and he didn't get a dime.
Citibank is a retail bank under Citigroup, its main predecessor is the "City Bank of Ne York" (City Bank of Ne York) established on June 16, 1812, after nearly two centuries of development, mergers and acquisitions, has become one of the largest banks in the United States, and is also a large international bank with branches in nearly 150 countries and regions around the world, headquartered at 399 Park Avenue in New York City.
Huang Hongnian almost lost everything because of foreign exchange speculation, but then he got up again, and not long ago, because of foreign exchange speculation, he suffered a huge loss again, and Huang Hongnian sued Goldman Sachs Group.
Mr. Huang has filed a lawsuit in New York State Court in the United States and filed documents alleging misrepresentation, breach of fiduciary duty, fraudulent inducement and unjust enrichment. In response, Goldman Sachs denied the accusations and pointed out that the indictment was unfounded and would defend itself.
Goldman Sachs, a leading international investment bank, provides a wide range of investment, advisory and financial services to the world, with a large number of clients in a wide range of industries, including private companies, financial enterprises, government agencies and individuals. Founded in 1869, Goldman Sachs Group Inc. is one of the world's oldest and largest investment banks, headquartered in New York, with offices in Tokyo, London and Hong Kong, and 41 offices in 23 countries.
Then Huang Hongnian lost the case again and did not receive the slightest compensation.
Now Huang Hongnian is the 32nd richest person in Singapore, worth more than 700 million US dollars!
Chen Hui shook his head and smiled: "If you don't speculate in foreign exchange and do your business well, you may now have a net worth of at least more than 4 billion US dollars!"
However, Huang Hongnian has become an enemy with Citibank and Goldman Sachs Bank because of huge losses!
Huang Hongnian suffered heavy losses in the foreign exchange market twice, and he left the false information provided by these two banks, which can be said to be hated to the core!
Chen Hui and Citibank are also enemies, and Goldman Sachs Bank is a potential enemy.
In the future, Chen Hui will definitely have a big conflict with them, and Huang Hongnian and his family in Indonesia are friends who can cooperate!
In Southeast Asia, it is natural to do a good job of Citibank.
At this time, Huang Hongnian also walked into Chen Hui's office under the leadership of Chen Hui's assistant.
Without waiting for Chen Hui to speak, the old guy laughed loudly: "Mr. Chen, I didn't expect you to take time out of your busy schedule to meet Huang, it's really Huang's honor!"
Previously, when he received a call from a director of the Heung Kong Consortium in the morning, saying that he wanted to acquire 14% of the shares of Raffles Education Group in his hands, he immediately thought of Chen Hui, who naturally knew that Chen Hui was the head of the Heung Kong Consortium and absolutely controlled Standard Chartered Bank!
Because among the minority shareholders of Standard Chartered Bank is Indonesia International Bank, and Indonesia International Bank belongs to the bank under the 'Sinar Mas Group' led by his brother Huang Zhiyuan.
At the previous shareholders' meeting of Standard Chartered Bank, the representative of their Indonesia International Bank voted for Chen Hui at that time!
Support Chen Hui to take over the management rights of Standard Chartered Bank from Temasek Holdings!
Now that Temasek Holdings is in bankruptcy and liquidation, their shares in Standard Chartered Bank may have been secretly acquired by Chen Hui!
Although Chen Hui's personal shareholding in Standard Chartered Bank is only 14% on the surface, Huang Hongnian is sure that Standard Chartered Bank, a major international bank, has secretly become Chen Hui's private bank.
He also secretly speculated in his heart that Chen Hui may still secretly hold 40% of the shares of Standard Chartered Bank, because Chen Hui previously held 29% of the shares of Standard Chartered Bank, plus the 25% shares in the hands of Temasek Holdings, it is 54% of the shares, but now Chen Hui only holds 14% of the shares on the surface, so the remaining shares must be secretly held through many companies.
Chen Hui looked at this sharp-eyed, shrewd old guy, and said flatly: "Mr. Huang, sit!"
"Thank you, Mr. Chen!" Huang Hongnian immediately sat down opposite Chen Hui.
It was the first time he saw Chen Hui himself, and the last time he went back to Indonesia to ask his brother Huang Zhiyuan to borrow money, he heard Huang Zhiyuan mention Chen Hui.
At that time, he was still a little unimpressed, but after seeing Chen Hui at this moment, he felt Chen Hui's domineering spirit that looked down on the world, and that kind of powerful aura, which made him, a 65-year-old old guy who had experienced many winds and waves, tremble a little.
At this moment, he was sitting a little restrained in front of Chen Hui, especially Chen Hui's expression that seemed to be smiling but not smiling, and his deep and calm gaze made him a little nervous.
At this time, Chen Hui's assistant brought the tea, and Huang Hongnian was chatting with Chen Hui while drinking tea absentmindedly.
After drinking a cup of tea, after a while, Chen Hui opened his mouth and asked with a smile: "Mr. Huang, do you want to have another drink and talk about things again?"
Huang Hongnian immediately said: "Mr. Chen, don't hide it, Huang came here today to discuss important matters!" , now he has launched all the company's positions and concentrated on being a financial investor, but some time ago he was pitted by Goldman Sachs Group and lost him $300 million!
Fortunately, he still relies on the Huang family in Indonesia, and even when the capital chain was broken in 2009, he was able to come back to life and make a comeback.
But this time, he no longer has liquid cash in his hands, and when he went back to his hometown in Indonesia, the people in the family did not treat him very well, because everyone knew that this guy was coming back to borrow money!
Chen Hui said: "Oh, what about the 14% stake in Raffles Education Group?"
Huang Hongnian's 14% stake in Raffles Education Group is only worth $40 million, and Chen Hui doesn't care about this little thing at all.
Huang Hongnian said: "Mr. Chen, this is just one of the things!"
"I know you're planning for the Heung Kong Consortium to acquire Raffles Education Group!"
"But now Zhou Yusheng has placed 200 million new shares to He Guangping, and the combined shares of the two of them will be as high as 35%, plus some shareholders of the Buddha Education Group are starting a business with Zhou Yusheng, fighting the country, although they hold shares, but the voting rights belong to Zhou Yusheng, and then the total right to speak of these people will be as high as about 50%!"
"Mr. Chen, if you want to acquire the Buddha Education Group, you may have to spend more effort and funds!"
Seeing that Chen Hui's face was a little heavy, Huang Hongnian continued: "But Banyan Tree Resort Group, a subsidiary of He Guangping's family, I got the news that He Guangping's younger brother He Guangzhen is about to blow up the Hang Seng Index because of his previous heavy position, and now he is looking for funds everywhere!"
He Guangzhen usually likes to do financial investment, and Huang Hongnian is a card friend, when playing cards, he intends to mortgage the shares of Banyan Tree Resort Hotel Group to Huang Hongnian, but Huang Hongnian himself has just lost 300 million US dollars, how can there be any liquidity to buy his shares!
He Guangzhen has been resisting the short list of the Hang Seng Index, but the Hang Seng Index has skyrocketed for many days, and He Guangzhen has embezzled a lot of funds from Banyan Tree Resort Group to fill the hole, but the Hang Seng Index has not fallen, He Guangzhen is becoming more and more powerless, and now he not only has to fill the funds of Banyan Tree Resort Group, but also faces the danger of liquidation at any time!
Thinking of this, Huang Hongnian continued: "Mr. Chen, He Guangzhen owns 25% of the shares of the Banyan Resort Hotel Group, and He Guangping owns 35% of the shares of the Banyan Resort Hotel Group, and together they firmly control the Banyan Resort Hotel Group!"
"If Mr. Chen acquires Banyan Resort Hotel Group, it is equivalent to buying Raffles Education Group!"
"It's the best of both worlds!"