Time flies, and it's August.

Thursday, August 2.

In the early hours of this morning, Iraq brazenly invaded Kuwait.

In the morning, Hong Kong has already received the news that keen investors have sensed the feeling of 'rain is coming'.

In the morning, Lin Zuhui came to the New Era Group, and his mood seemed very good.

Hengjin Investment bought a total of HK$1.2 billion in crude oil futures at an average price of US$16.5 per barrel, and there was no panic during the period.

New Era Group also bought HK$350 million in crude oil futures at an average price of US$17 per barrel.

Everything is ready and only the east wind is owed, and today the east wind is coming, and his mood is naturally very beautiful.

The impact of Iraq's invasion of Kuwait was multifaceted.

In Hong Kong, Lam Cho-fai knows that the stock market will fall by 20% and the real estate 'should not fall'.

The stock market closed at 3,580 points yesterday, and according to the calculation of a 20% decline, at 2,900 points, you can buy the bottom.

The reason why the real estate 'should not fall' is very simple, he remembers that it is because Hong Kong has followed the United States in cutting interest rates twice, coupled with the government's introduction of the 'Civil Servant Home Purchase Scheme'. Two interest rate cuts will lead to an influx of funds into real estate and the stock market, so the stock market will soon restart the upward channel.

In other words, Xiangjiang will usher in a seven-year explosion of economy, real estate and stock market.

The morning newspaper had not yet published the news of Iraq's invasion of Kuwait, because even if the newspaper office received the news, it was still five or six o'clock in the morning, and it was too late to organize a reformatting and printing, so it could only be published in the evening newspaper.

Soon, Liang Zhenxun came to Lin Zuhui's office.

"Boss, have you gotten the news that Iraq has invaded Kuwait?" Liang Zhenxun was a little excited, and with an expression of admiration.

Lin Zuhui said with a smile: "Naturally, we got the news, don't pay attention to it too much, crude oil will skyrocket in the next few months, and the crude oil futures we invested in are waiting to receive money." Hong Kong's real estate will not fall, there is no room for fall, and we don't need to worry. ”

Liang Zhenxun couldn't help but sigh, his own boss is really the company's Dinghai Shen Needle, such a big thing may cause all kinds of complex changes in the situation, after he said it, his mood did not calm down.

"Well, okay! However, Hengchang Enterprises should also get the news that oil will skyrocket next, and their car sales will definitely be affected. ”

Lin Zuhui said with a smile: "What I am waiting for is this opportunity, otherwise how would He Shanheng make up his mind to sell!" Next week, we have to deal with Hengchang Enterprise. I have a lot of plans and are waiting for it! ”

Liang Zhenxun immediately knew that the boss's acquisition of Hengchang Enterprise was not only because of the current achievements of Hengchang Enterprise, but also because he planned to rely on Hengchang Enterprise for great development. This is also the consistent style of their own bosses, and the acquired enterprises will glow with new impetus, and even expand the scale several times soon.

"Okay, I'm ready to prepare!"

After Liang Zhenxun left, Chen Bin came to his office again.

After he finished reporting his work, Lin Zuhui said: "In the next period of time, the land exchange rights and interests will become an existence that no one cares about, and our company can take it all, and when the Hong Kong government grants the land, we will also strive to get more at this time." ”

Chen Bin nodded seriously and said, "Okay, our company's financial strength is sufficient, and we just continue to buy the bottom." ”

Going against the market is Lin Zuhui's forte.

At this point, Sun Hung Kai and Henderson are not comparable, and they are always one step behind.

At the end of the 90s, the real estate development of Xiangjiang has been concentrated in the hands of eight large real estate companies;

These eight property companies have four property companies, which account for 70% of Hong Kong's residential unit supply.

The four major residential development real estate developers are: New Era Group, Sun Hung Kai, Henderson and Cheung Kong.

The rest of the real estate companies, because they do not have enough land reserves, are already very far behind these four real estate companies, including New World Development and Hang Lung Properties. New World Development's focus on hotels and rent collection, and Hang Lung's penchant for asset restructuring have missed good opportunities to reserve land.

Other large real estate companies, such as Wharf Group, Swire Group, and Hongkong Land, have high asset values, but they rely on investment properties (rent collection) and have few residential projects.

A monopoly has been formed!

Following.

In the past month, Hengchang Enterprise has paid a large cash dividend (using more than 800 million yuan), which can not only appease minority shareholders but also reduce the attractiveness of being acquired. Most cleverly, DCH (of which Heng Cheong is the holding company) used HK$150 million in cash to pay pensions to 320 senior employees who had worked before July 1984 in advance, both to take care of their old friends and to reduce their cash holdings on the other.

Lin Zuhui's heart is dripping blood, but he knows who it is, and before the company is at risk of being acquired, he will also reduce his cash holdings.

And it seems that Hengchang Enterprise should still have a lot of cash, so Lin Zuhui decided to take action immediately.

On Friday night, he personally visited Ho Shanheng's home.

Although the relationship between the two is not very familiar, Lin Zuhui's identity is there, and He Shanheng will naturally not refuse.

Ho's private residence.

Lin Zuhui was carrying a gift, and He Shanheng greeted him in person.

"Lin Sheng is too polite, when you come to my mansion, you are already full of brilliance, how can you still get a gift!" He Shanheng said with a smile.

He will not regard Lin Zuhui as a real junior, at least in the business field, Lin Zuhui is qualified to be the same generation as him.

He even deeply felt Lin Zuhui's deep thinking and strategy, Lin Zuhui quoted the price twice, although he rejected it. But he never dared to underestimate Lin Zuhui, for fear that he would make a public acquisition.

At that time, as soon as the offer of 330 Hong Kong dollars comes out, most of the other shareholders may not be able to resist this temptation, and even their old friends He Tian and Liang Qiuzhi have been shaken.

And he himself only holds 30% of the shares, and once Lin Zuhui acquires 51%, he will only have one way to sell.

The price of 330 Hong Kong dollars is definitely quite tempting!

Lin Zuhui smiled and handed the gift to the servant of He Shanheng's family, and said politely: "He Lao is a senior, I am a junior, and a few small gifts can only represent my heart!" ”

He Shanheng did not bother and invited Lin Zuhui to walk into the villa together.

In the living room, the two chatted briefly, and Lin Zuhui began to understand his intentions directly.

"He Lao, yesterday's Iraqi invasion of Kuwait will inevitably lead to a sharp rise in oil, and the auto retail of Hengchang Enterprise will be greatly affected!"

He Shanheng said with a smile: "Then Lin Sheng can still be seen?" ”

Lin Zuhui said frankly: "Of course, my offer remains the same. I fancy Hengchang Enterprise because I fancy the 4,000 foreign trade talents of Hengchang Enterprise, and after the acquisition, they will develop and grow. ”

He Shanheng was finally moved, he got the news yesterday, and also considered that the automobile trade of Hengchang Enterprise would be greatly affected, and he was already planning to sell Hengchang Enterprise. Now that Lin Zuhui's offer remains unchanged, he suddenly feels much better.

However, He Shanheng was still a little dissatisfied and said: "Oil has risen and fallen, and the impact of the moment is not much!" Don't hide it from Lin Sheng, Hengchang Enterprise still has cash and stocks worth 800 million on its books, so its net value has exceeded 8.5 billion! ”

Lin Zuhui said with a smile: "He Sheng, if I make a public acquisition, I'm afraid only you won't agree!" ”

His tone was joking, but with a hint of toughness.

He Shanheng said playfully: "Maybe, do you want to try?" But you may only have one chance, and if you miss it, you won't have a chance! ”

Lin Zuhui said with a smile: "So I still hope that He Lao will complete this acquisition, and I am also willing to fulfill He Lao's one thing!" ”

He Shanheng became curious and asked, "What's the matter?" ”

Lin Zuhui said seriously: "He Lao has worked hard in Hang Seng Bank and Hengchang Enterprise all his life, and he can't sell them all and exchange them for white silver. After I acquire Hengchang Enterprise, how about selling Hengchang Building to you at a price of 880 million? He Lao took this building to collect rent, and he could let the He family have a connection with 'Hengchang'. ”

This is Lin Zuhui's real hole card, Hengchang Building is located in Central, is a high-quality property. It is also a high-quality asset for Lin Zuhui, let alone for the He family.

However, Hengchang Building belongs to Hengchang Enterprise, and it cannot belong to He's family. Now that Lin Zuhui has made this impossible possible, how can He not be moved.

He Shanheng was really very tempted, and said with a smile: "What a business talent, in less than three or five years, Li Chaoren is not as good as you!" ”

Lin Zuhui said modestly: "You are too old to win the award, and I am far from Li Chaoren!" ”

After thinking about it for a while, He Shanheng said: "Although your conditions are very moving, I still can't take the lead in supporting you, because we still have a lot of details to talk about. I will not deliberately block the acquisition, but you need to convince all shareholders and make a public announcement about the acquisition. ”

He Shanheng did this just for fear of being accused of taking kickbacks, and Lin Zuhui certainly understood.

So he said confidently: "Don't worry, we are confident that we can reach this deal!" ”

He Shanheng nodded, he actually knew that the two old partners were already moved, and of course he was already moved!

At the beginning of the new week, Lin Zuhui led Liang Botao, Liang Zhenxun and others to Hengchang Enterprise for talks again. This time, the negotiations took a long time and were very detailed.

The acquisition consortium vowed to guarantee that Hengchang would not be dismantled or dismissed, and that Hengchang's mechanism would continue as always, and that Hengchang, which was pioneered by the older generation, would be carried forward under the operation of the new leadership organization.

The conversation went smoothly that day, and almost all the three elders of Hengchang Enterprise had already expressed their expressions of agreement.

Thereupon.

In the evening of the same day, Peregrine officially proposed the acquisition of Hengchang Enterprise on behalf of New Era Group in the media, at a price of 330 Hong Kong dollars per share, involving 6.93 billion yuan, and the acquisition ended on August 30.

This is a rare acquisition of a non-listed company in Hong Kong according to the practice of listed companies, with a total of 430 shareholders, so Hengchang is no longer a private company, but actually a public company. The only difference between it and a listed company is that it is not listed for trading.

As the takeovers have been made public, unlisted public companies are still required to comply with the Hong Kong Code on Takeovers and Mergers (CMA). That is, when a consortium acquires more than 35% of the shares of a company, it must make a general offer in cash at the highest price of the company's shares within 6 months. Of course, this was originally the goal of New Era Group.

Tuesday, August 7.

Public opinion in Xiangjiang was once again ignited.

The Economic Daily used the headline of "Shocking the largest transaction in the history of Xiangjiang to reach 6.93 billion yuan", and the article pointed out that if this transaction is reached, the New Era Group has become a huge comprehensive group, involving all walks of life in Xiangjiang, and the prospects are very good.

"Oriental Daily" used "not afraid of high debt, the New Era Group wants to spend another 6.93 billion yuan to win Hengchang Enterprise", this newspaper has always been against Lin Zuhui, although he did not step on his feet openly, but he is also an old yin and yang person.

The media is so exciting, and naturally there are also inquiries from friends.

Zheng Yutong called directly and said: "I knew that you were acquiring Hengchang Enterprise, and if you lose to you, I will lose convincingly!" ”

Lin Zuhui smiled and said to Zheng Yutong opposite: "Uncle Tong, you lost to me there, according to He Lao, even if your bid is a little lower, you will be considered!" ”

He pretended not to know that He Shanheng could not actually be sold to Beiyi, because Beiyi wanted to spin off Hengchang Enterprise.

Zheng Yutong smiled bitterly: "I can't afford this price, you know mine, I don't like the top market price." But you dare to make a public acquisition, could it be that Brother He has already agreed? ”

Lin Zuhui said generously: "Eight or nine is not far from ten, otherwise I wouldn't dare to do anything that offends them!" ”

Zheng Yutong's mood seemed to have become better again, and said: "Then congratulations in advance, you have a treat on the weekend, everyone gets together!" ”

"No problem!"