Chapter 203~204 [Snake Swallowing Whale, the Curtain Opened] (Ask for a monthly pass!) )
Liang Zhonghao, the third generation head of the Liang Chang family.
His father was Leung Chik Wai, one of the founders of Hang Seng Bank.
His grandfather is Liang Chang, a celebrity in Hong Kong and Macao, and his influence spanned Hong Kong, Macao and Taiwan at that time, whether it was the government or the underworld forces at the time, they all visited Liang Chang at the dock, Liang Chang is naturally also a ruthless character, in addition to the silver business on the surface, it is said that he is also engaged in gold smuggling.
It is said that the person who threatened the gambling god to leave Macau may have been Liang Chang or Luo Bao.
This time, Liang Zhonghao wants to get out of the business world, presumably for two reasons: first, his ancestors are out of the way; Second, after the conclusion of the Sino-British negotiations, they do not trust the mainland and intend to invest in the mainland.
The so-called capital is not necessarily immigration, but buying property insurance; Divide the assets into two, one part will remain in Hong Kong and the other part will be invested overseas; The same is true of family members, some of whom emigrated, and some of whom continued to stay in Xiangjiang.
.....
The rise of Zheng Yutong has a lot to do with Hang Seng Bank, when Zheng Yutong entered the real estate industry and received a lot of funding from Hang Seng Bank; Hang Seng Bank's S.H. Ho is the chairman of the board of directors of New World, Cheng Yu-tung is only the general manager, and the Leung family is also one of the directors of New World Land.
When Zheng Yutong came to Liang's house, he was naturally welcomed, and Liang Zhiwei and Liang Zhonghao received Zheng Yutong.
After chatting for a while, Zheng Yutong said: "Someone is willing to accept the shares of the Liang family's big hotel and ask me to be a lobbyist!" If the Liang family intends to put the plate on the plate, you can consider him! ”
Liang Zhiwei didn't speak, and looked at his son, who was old and had already handed over his career to his son. If it weren't for Zheng Yutong being an old friend, he wouldn't have come out to meet him.
Liang Zhonghao said calmly: "I did say this in front of my brother Jiachun, I want to cash out the shares of the hotel, but I didn't expect someone to take a fancy to it so soon!" Uncle Tong, who is that character you are talking about, could it be your new friend Lin Zuhui? ”
Zheng Yutong nodded and said, "It seems that he is very famous, you can know it as soon as you guess!" ”
Liang Zhonghao said with a smile: "He swallowed 'Furama Hotel' and 'Huazhi Center', which set off a wave of public opinion in Xiangjiang, how could I not know!" I do intend to sell my stake in Grand Hotel and then work full-time in property development. However, if I transfer the shares to him, I am also worried that I will be scolded by the Kadoorie family for 'treachery'. So I think I should have a good talk with Lin Zuhui about this, and I may not necessarily sell all the shares to him, so that he does not threaten the dominance of the Kadoorie family. ”
Zheng Yutong nodded, and said naturally: "I'm just introducing you to each other, whether it's successful or not has nothing to do with me!" ”
After chatting about things, Liang Zhiwei invited Zheng Yutong to lunch to catch up.
After Zheng Yutong left, Liang Zhiwei said: "You want to sell the shares separately for the two families? ”
Liang Zhonghao nodded and said, "Well, father." The main thing is that I am worried that if I sell 31 million shares to Lin Zuhui, he will go toe-to-toe with the Kadoorie family, and then we will become accomplices and bear the notoriety of 'treachery' in vain. If he sells only 20% of the shares, he can only ask for a maximum of two board seats and can only make long-term investments. ”
Tomato is free to read
"Then others may not be willing! Moreover, even if he obtains 31 million hotel shares, he will definitely not be able to swallow a large hotel with a market value of more than 5 billion with his strength. I see, don't rush to make a decision yet, talk to someone else, as long as the price is reasonable, we can sell it all to him. In the past few years, the Kadoorie family's achievements in managing the hotel have not satisfied the shareholders! ”
Liang Zhonghao looked at Liang Zhiwei and felt a little incredible!
Seeing this, Liang Zhiwei repeated: "The benefits are great! ”
Originally, the two parties had an agreement that the Kadoorie family would manage the hotel's hotel business, and the Leung family would manage the hotel's rent collection business.
However, if Liang wants to get out of the business world now, he naturally wants to get more benefits first.
........
Sunday, January 18.
Lin Zuhui and Liang Zhonghao made an appointment in the box of the Regal Hotel, and Lin Zuhui also deliberately pulled Cheng Jiachun as an accompaniment to act as an intermediary.
The two sides didn't have any friendship, and after simply praising each other, they started to talk about business.
Lin Zuhui said with a smile: "Liang Sheng, you intend to put it on the plate, and I intend to take it." I think the focus of this deal should be the price, right? ”
At present, the stock price of the hotel is only 45 yuan, which is two percent lower than the 53 yuan bought by Da Liu in the previous life.
Of course, Lin Zuhui did not expect to buy the shares of the Liang family at the original price, but the price difference of 8 yuan was equivalent to giving Lin Zuhui a lot of room for negotiation.
Liang Zhonghao saw that Lin Zuhui was so direct, and he was also worried that he would lose the upper hand, so he planned to divert the topic first: "I heard that Lin Sheng won the Furama Hotel at a premium of 80%, and won the 'Twin Towers' that will be completed in a year at a high price, it seems that you really love high-quality properties and buildings!" ”
The implication is that Lin Zuhui has been promoted to the role of a 'big household'.
Lin Zuhui doesn't care, he has his own low price, and if it exceeds this price, he will not force it to buy.
"Quality property, everyone loves! Uncle Tong likes big projects, and the New World Center and Convention and Exhibition Center are his representative works; I don't have the ability to do that big project now, but I'm willing to invest in big projects. Lin Zuhui led the topic to the Zheng family, which could not only not snub Zheng Jiachun, but also defuse Liang Zhonghao's attack.
He wants to treat himself as a Kaizi again, but unfortunately the market value of the hotel is already very high, and Lin Zuhui really has no money.
Zheng Jiachun saw that the topic was introduced to him, so he said: "In this way, Zu Hui, you quote a price, and Zhong Hao will talk about the conditions and answer." You don't have to talk all at once, try to understand each other's intentions first! ”
Cheng Kar-shun is 41 years old this year, and Leung Chung-ho is three years younger than him, but they are both directors of New World, and the two families have a good personal relationship. And Lin Zuhui and the Zheng family have been very close recently, so he is willing to be an intermediary this time.
At this time, Cheng Kar-chun recognized Lin Zuhui's leveraged buyout of properties and companies, and thought about how he should make a big deal after he came to power, learning from his father who likes big projects and Lin Zuhui who likes to use leveraged buyouts.
Liang Zhonghao nodded, and then said to Lin Zuhui: "I can only sell 20 million shares to you!" ”
Lin Zuhui immediately said: "If you keep the 11 million shares for investment, I have nothing to say!" If you find another buyer, I want to buy them all. I know what you're worried about, but I can assure you that I'm not a stock market sniper, and I'm going to make a long-term investment and try not to mess with Kadoorie as much as possible. Of course, I'm willing to buy at a premium! ”
Hearing the premium acquisition, Liang Zhonghao's brows jumped.
Coupled with Lin Zuhui's guarantee that it was a long-term investment and a goodwill acquisition, his last doubts were dispelled.
"What price?"
Lin Zuhui said without hesitation: "I need to prepare for a month!" No matter how the stock market rises and falls during this time, I hope we agree on a fixed price, and I am willing to pay 50 yuan per share! ”
There is no malicious price reduction, everyone is not a fool!
Liang Zhonghao is very excited, but it is more than 1.5 billion in cash!
"How much does $51 cost? Our Liang family has become a wicked person, so naturally we also have to consider the benefits! ”
Lin Zuhui said happily: "No problem! I'm a person who doesn't mind buying something more expensive. I say that this price is one, there is no possibility of raising the price, even if a month later, the stock price of the hotel rises to 55 yuan, I will not pay a penny more. ”
Liang Zhonghao looked at Zheng Kar-chun, and then said with a smile: "We all have mutual friends, if something goes back on our word, wouldn't it be shallow." Lin Sheng, you said yes, right? ”
"It's nature! When the deal is complete, then we are friends! ”
"Why wait for the deal to be completed, Lin Sheng is my friend now!"
"Haha, it's my slip of the tongue!"
The three of them soon enjoyed the food and started talking.
In fact, with such a large transaction, it is impossible to bargain too much!
It's like Li Chaoren buying HK Electric, and the bargaining is just a few words, and everyone hits it off.
On the contrary, it is more time-consuming to review the data.
.......
.......
On Monday, Lin Zuhui invited Liang Botao to his office.
Liang Botao is a Chaoshan native and a Chaoshan businessman's 'capital military advisor', but he is also Lin Zuhui's personal 'securities adviser', which is no secret in Xiangjiang.
Some people make fun of Lin Zuhui for not being able to do anything, and they also want to learn from Li Chaoren and Du Huilian; But Liang Botao did not deny this, which made people in the industry re-examine the relationship between the two.
Of course, that's the old question!
Today, Lin Zuhui controls a listed company with tens of billions of assets and a market value of tens of billions, who dares to say that Lin Zuhui will be inferior to Li Chaoren in the future! Even if he thinks so in his heart, no one dares to say it, unless he does better than Lin Zuhui at the same age!
Lin Zuhui and Liang Botao sat on the sofa, first sipping tea unhurriedly.
Putting down the teacup, Lin Zuhui said: "I have already negotiated with the Liang family, the majority shareholder of the hotel, and plan to acquire 31% of the shares of the hotel!" ”
The look of surprise on Liang Botao's face flashed, and he quickly returned to normal.
It turned out that he now also knew Lin Zuhui's true strength.
Not to mention Lin Zuhui's listed companies, there are two net profits of one billion this year, which is a miracle in itself.
Let's just say that the 2.5 billion blue chips (500 million margin) invested by Lin Zuhui are now also 1 billion profits; In addition, it is rumored that Lin Zuhui made a lot of profits from last year's futures index contract, and Liang Botao guessed that Lin Zuhui had made a profit of 500 million yuan from the futures index contract at least last year.
Whether it is the strength of the company or the strength of personal funds, Liang Botao will not be too surprised by Lin Zuhui's large investment.
"What do you think? The market value of the hotel is 4.5 billion, and if there is a dozen acquisitions, it is possible to be 7 billion. You own 31% of the shares, but the Kadoorie family is trusted by the shareholders of the hotel! Liang Botao thought about it for a while and said.
The implication is that the price of a comprehensive acquisition is too great, and Lin Zuhui may not bear it.
If you want to defeat the Kadoorie family through the shareholders' meeting, Lin Zuhui's connections are insufficient.
"As a long-term investment, I want to live in peace with the Kadoorie family! But if Kadoorie doesn't even let me in the board, I will stretch the battle line until I defeat the Kadoorie family in one fell swoop! Back then, the charter ship king acquired Wharf, and I endured it for a year and a half, and I don't mind fighting a protracted war! ”
Liang Botao saw that Lin Zuhui was full of confidence, and his arrogance increased, and said: "Okay, since you have determination, I will do my best to help you!" I guess you should not just let me act as an advisor, the bank loan has not been negotiated yet! ”
He also envied the Chinese-funded and British-funded war back then, and only hated that he didn't participate in it, and now Lin Zuhui is challenging the Grand Hotel, which can be said to be the last swan song of Chinese-funded and British-owned.
Lin Zuhui nodded happily and said: "I plan to use Cathay Pacific City to stage a snake swallowing whale, Cathay Pacific City can raise 300 million yuan through rights issue recently, and the remaining 1.28 billion loans, I plan to use bank loans all." How much can GIC undertake? ”
Liang Botao gasped, this is simply a fraction!
"With such a huge debt, you may now have to borrow from an overseas syndicate, and it is difficult for local banks to agree! In addition to introducing you to Gitika Bank, I can also introduce two Japanese banks, they have invested heavily in Hong Kong in recent years, and they should agree! ”
Lin Zuhui naturally didn't expect to rely on Liang Botao's relationship, and said with a smile: "I also have a lot of business dealings with Sun Hung Kai, and Feng Yongxiang has promised me to introduce Merrill Lynch (USA) and Bailida (Europe), I believe it is not a big problem!" ”
Liang Botao nodded, this person has a rich background and is a banker's sweetheart.
"As long as there is a new era and your guarantee, the 1.28 billion loan is not a problem. Moreover, once we take Liang's shares, we will use the shares of the Grand Hotel as a guarantee, so that you and the new era can get out of the way. ”
Lin Zuhui nodded, it is indeed like this, where does the asset value of the hotel come from, so the stock is also very valuable.
The two discussed for a long time, and Lin Zuhui also planned to promote Liang Botao to his military advisor and fully participate in this 'Battle of the Grand Hotel'.
Lin Zuhui thought about three possibilities for this battle of the hotel:
The first possibility: Although the Kadoorie family refused to allow Liu and Lin Jianmin to enter the hotel as directors in their previous lives; But in this life, will Lin Zuhui's reputation be better than Liu Luanxiong, and the Kadoorie family will agree to Lin Zuhui to become a director; In this way, Lin Zuhui does not mind cooperating with the Kadoorie family to make long-term investments, and only asks to be the vice chairman of the board.
The second possibility: the Kadoorie family still regards Lin Zuhui as a flood beast, and is unwilling to give even the most basic directorship position (according to reason, he should get three seats); In this way, Lin Zuhui will be aggrieved in the media and occupy the righteousness; Then lobby the shareholders of the Grand Hotel to get them to support themselves.
It is said that in his previous life, Liu Luanxiong only lost the election for chairman of the board of directors with only 2% of the voting rights! Of course, at that time, he and Lin Jianmin owned a total of 38% of the shares, while Kadoorie only had 12% of the shares; But the Kadoorie family won instead, which shows that the minority shareholders are still more willing to trust the Kadoorie family.
However, Lin Zuhui definitely does not have the notoriety of Liu Luanxiong, and perhaps by persuading minority shareholders to support himself, he can change the outcome. As a result, he successfully ran for the position of chairman of the board of directors of the hotel.
In this way, Lin Zuhui still holds sincerity and lets the Kadoorie family share the hotel with him.
The third possibility: Lin Zuhui was defeated at the shareholders' meeting, just like Liu Luanxiong in his previous life! But he is not Liu Luanxiong, he can afford it, although the bank interest is high, he will not care, once it drags on after the 87 stock market crash, his wealth is not comparable to the Kadoorie family.
At that time, Lin Zuhui will not give face to the Kadoorie family, and will make a full acquisition! The comprehensive acquisition is generally acquired at the highest price in the past six months, and Lin Zuhui only needs to delay until the spring of 1988, when the price is about 60 yuan, and he can win the hotel. Although the cost is huge, it can be highly leveraged.
As for the Kadoorie family's counterattack, Lin Zuhui is not worried, their family has withdrawn a lot of money to invest in electricity in recent years, so the strength may not be enough.
......
Lin Zuhui came to Sun Hung Kai Company and met with Feng Yongxiang.
"Feng Sheng, how is the purchase of my futures contract?" Lin Zuhui asked with a smile.
He wanted to buy a total of 30,000 September futures contracts, and 10,000 were entrusted to Sun Hung Kai Securities.
Feng Yongxiang replied: "It is going well, and it will definitely be completed in 20~30 trading days." So far, we have purchased 5,000 tickets, and we intend to buy them in 15 trading days. ”
Lin Zuhui nodded, this progress is okay, he is very satisfied!
Then, Lin Zuhui explained his intention again, and he still obtained a loan for the acquisition of the hotel. Of course, Sun Hung Kai is too small, and Lin Zuhui is interested in the Arab banks behind Sun Hung Kai, as well as the relationship between the Feng family and Merrill Lynch.
Feng Jingxi's surprise was also just a flash, he probably knew that Lin Zuhui's strength, to be able to win so much in foreign exchange and futures contracts, must be more than just the strength on the surface.
"There is no problem with this, Lin Sheng has been an important big customer of our Hongkeji Bank (Sun Hung Kai after the renaming), and I am very happy to promote such a cooperation!"
"Thank you!"
Although Lin Zuhui is very famous in Xiangjiang, if he finds these banks directly, he may not be introduced smoothly.
......
Before the Lunar New Year, Lin Zuhui finally invited six banks to the meeting room of Cathay City and handed everyone the details of Cathay City to read.
When everyone saw that Cathay Pacific City had only 700 million in debt, but its net asset value was 800 million (asset value of 1.5 billion), they all showed appreciative expressions.
As for the assets of the hotel, Lin Zuhui also found a way to get a copy for everyone.
"The net assets of the hotel are 5 billion, which means that if we buy it at a price of 51 yuan, the value of its stock is equal to the property assets of the same value, and there is no risk in any case. Once our acquisition is completed, we are willing to pledge our shares to various banks. ”
As long as these bankers agree to the stock pledge, then the new era and Lin Zuhui personally will naturally have to release the guarantee.
After all, Lin Zuhui personally plans to swallow the whale 'crocodile shirt', but he doesn't want his shares to be pledged.
Pete, the head of Wang Guobaotong Bank, took the lead in saying: "We, at GIC, are very confident in Mr. Lin's strength, so we first determined the loan amount of 300 million. ”
He had heard Liang Botao say that Lin Zuhui's personal strength was also quite strong, and the company would not be at risk.
Next, various banking companies began to express their willingness to accept loans. At this time, Lin Zuhui's reputation also has a big factor, and the most important thing is the strength of the real estate department in the new era.
The matter of the loan was solved, Lin Zuhui suddenly put his mind at ease, and then it was time to sharpen his knife to the pigs and sheep.
No, it's about to be the Spring Festival, and I have to think about accompanying my family.