In the evening, in a banquet hall of the Ritz-Carlton Hotel, Huang Hongnian, CEO of Standard Chartered Investment Bank, Chen Pengcheng, Chairman of Singapore Power Group, Teo Kwok Leung, Chairman of Singapore Power Holding Group, Zhou Tianqing, Chairman of Singapore International Tourism Group, Lim Yuan Siang, Executive Director of Singapore Telecom Group, Koh Wei Sheng, Chairman of Singapore MRT Group, Zhang Qimu, Chairman of Singapore Technology Telecom Media Company, Li Wenxian, Chairman of Singapore Media Holding Group, Zhong Shiping, Chairman of Surbana Jurong Holding Group, Yang Shoucheng, Chief Executive Officer of Caesars Hotel Group, and others gathered together。

Of course, the senior management and some directors of major group companies are indispensable!

Although everyone is a bigwig-level figure in the public and even among entrepreneurs, they can brag at will, pretend to be forced, and point out the country in the news media, but in front of Chen Hui, the super boss, they must be cautious, respectful, and dare not have the slightest words and deeds that cross the line.

Everyone eats and drinks together, and there are naturally female companions around them, these female companions are some female stars, female models, and of course, some celebrities and noblewomen.

At this time, Yang Shoucheng, who was beside Chen Hui, said respectfully, "Chen Shao, at present, we at Caesars Hotel Group have acquired the Ritz-Carlton, Wanhuala Hotel, Parkroyal Hotel Pickering, The Fullerton Hotel Singapore, Fairmont Singapore Hotel... …… 20 hotels in total!"

Saying that, Yang Shoucheng also briefly reported to Chen Hui the recent progress of work, Caesars Hotel Group is now in a period of rapid expansion, and these hotels have become the famous brands of Caesars Hotel Group.

Chen Hui nodded and said, "Lao Yang, now that Caesars Hotel Group has so abundant funds, you can take a bigger step!" Previously, Caesars Hotel Group had borrowed $10 billion from the French banking community at a high interest rate, and with its own funds, the scale of assets was also expanding rapidly in the wave of acquisitions.

Caesars Hotel Group has many subsidiaries and hotel brands, and many of these subsidiaries and hotel brands are not fully controlled by Caesars Hotel Group, but Caesars Hotel Group is the majority shareholder of these subsidiaries and hotel brands, controlling their management and management rights!

Caesars Hotels & Resorts is now present throughout Asia!

Today, Caesars Hotel Group has a debt of 10 billion US dollars, and its asset scale has reached 16 billion US dollars in a series of mergers and acquisitions!

Caesars Hotels & Resorts has a debt ratio of 62.5%, and the current available cash flow for the entire hotel group is still more than $9.5 billion, thanks to the $10 billion loan at high interest rates and its own assets.

After all, by acquiring the shares of many hotels and becoming their majority shareholders, it is just a matter of allowing these hotels to join the Caesars Hotel Group system!

Therefore, it did not cost much money, and the acquired hotel also had a lot of liquid assets that could be utilized.

Now Chen Hui feels that Yang Shoucheng's pace is a little slow!

At this moment, Yang Shoucheng's face was a little embarrassed, but fortunately he was prepared tonight, so he said: "Chen Shao, a major shareholder of Singapore Raffles International Hotels Group also came here with me tonight, do you want to meet him?"

Singapore Raffles International Hotels Group mainly operates Raffles Singapore hotels, and this time Yang Shou Seng is ready to acquire it!

Raffles Hotels International Singapore is a hotel group under the former Temasek Holdings, which holds 40% of the shares of Raffles International Singapore and 30% of the shares of Singapore's sovereign wealth fund.

However, after the bankruptcy of Temasek Holdings, all these 40% shares went to Asian financial investment companies, and Yang Shoucheng has quietly bought these 40% shares after many efforts, spending a full 200 million US dollars.

Chen Hui thought for a moment and said, "Let him come over! I will have one more place to live in the future!"

Built in 1886 by the Shackles brothers, one of the world's largest remaining 19th-century hotels, the Raffles Hotel Singapore was built by the wealthy Shackles brothers from Armenia, and was a favorite of writers and movie stars. Singapore's famous cocktail, Singapore Sling, is made here. Somerset Maugham, Rudyard Kipling, Joseph Conrad and Charlie Chaplin are its most famous residents.

It is a hotel known for its luxurious suites, fine dining restaurants and historic hotels. There is a tropical garden, museum and Victorian theatre. Raffles Hotels is to Singapore what The Peninsula Hotels are to Hong Kong.

Once renovated for S$160 million, she has restored her former charm and dignity.

It is a tourist attraction and a hotel that usually receives international VIPs, dignitaries, aristocrats, and royal families in Singapore!

After Yang Shoucheng heard Chen Hui's words, he immediately said, "Yes, Chen Shao, I'll bring him over!"

After a while, a white middle-aged man followed Yang Shoucheng, his name is Christian Westbeld (Christian Estbeld), who is one of the major shareholders of Raffles Hotels International Singapore, holding 10.5% of the shares, and is the executive director of Raffles Hotels International Singapore!

Yang Shoucheng gave Chen Hui a brief introduction to Christian Westerfeld!

After a brief chat, the three of them finalized the cooperation, Christian Westerfeld will be responsible for the Raffles hotel brand operation of Caesars Hotel Group, and will also serve as the deputy general manager of Caesars Group Southeast Asia!

··

At this time, Christian Westfeld said: "Mr. Chen, before we came, we had already held a general meeting of shareholders of Singapore Raffles Hotels International, and now Singapore Raffles International Hotels Group should be acquired by Caesars Hotel Group!, and now Caesars Hotel Group will once again have a top hotel brand!"

Chen Hui didn't expect the two of them to give him a little surprise, and said to Yang Shoucheng: "Old Yang, you have done a good job, I am very satisfied!"

Yang Shoucheng suddenly turned on the news again.

At 7 p.m., Lianhe Zaobao:

Caesars Hotels & Resorts has acquired Raffles Hotels International Singapore, and Raffles Singapore is now a brand of Caesars Hotels & Resorts!

At this time, Yang Shoucheng said: "Chen Shao, we have specially arranged Suite 666 of Raffles Hotel for you, and we are waiting for you to stay at any time!"

Chen Hui said with great satisfaction: "Lao Yang, you still understand me!

Chen Hui said: "Take advantage of the abundant liquidity now, hurry up and build the first hotel in Asia! Don't worry about the debt problem of Caesars Hotel Group!" Caesars Hotel Group's $10 billion loan is a special repayment agreement signed with French banks, and these French banks will suffer heavy losses in the future!

Yang Shoucheng suddenly said excitedly: "Chen Shao, there have been some problems with Shangri-La Hotel Group recently, I plan to go to Malaysia and talk about Shangri-La Hotel Group!"

Chen Hui patted Yang Shoucheng on the shoulder and said, "Old Yang, don't worry, I support you!"

··

In the evening, Singapore Raffles International Hotel Group held a general meeting of shareholders, and then Singapore Raffles International Hotel Group was acquired by Caesars Hotel Group, and Raffles Hotel became a hotel brand under Caesars Hotel Group!

Suddenly, he slammed the table!

'Bang' resounded in the huge office!

An assistant was covered in a cold sweat, trembling in front of Lin Zhaojie!

His body trembled a little and said: "Mr. Lin, I don't know why it became like this, the people of Caesars Hotel Group suddenly appeared at the shareholders' meeting, and the votes for supporting Caesars Hotel Group's acquisition of Singapore Raffles International Hotel Group also exceeded 50%!"

"It should be Christian Westerfeld, the majority shareholder, who turned his back on us!"

··

Lin Zhaojie said angrily, "What an idiot!!"

"Idiot, get out of my office!"