Chapter 316: My Sister's Marriage
Midea Building, the headquarters of the Hong Kong Real Estate Association.
Originally, the Hong Kong Real Estate Association was preparing for the construction of the Global Building, but Lin Zhichao was worried that the Hong Kong government spies would be watching, so he set up his headquarters in an office building in the Midea Building. In this way, at least it will not affect Lin Zhichao's mood in the two companies of the Global Building.
At the same time, Lin Zhichao knew that the mainland was eager to establish contact with real estate developers after six or seven years, so he left an opening for this possible thing - entrusting the affairs of the real estate chamber of commerce to Airship Tai, so that he could have real power in the real estate chamber of commerce, which was conducive to future contact.
As for Lin Zhichao, he was entrusted by the Hong Kong government to serve as the president of the Real Estate Chamber of Commerce, so he simply behaved. To put it simply, Lin Zhichao doesn't want to offend anyone, and he is left and right.
Now the Hong Kong government believes that the presidents of the Hong Kong Real Estate Association are Lin Zhichao and Sir Lam, and they are a little relieved; In fact, Lin Zhichao handed over the rights to Airship Thailand, which allowed the mainland to contact Guo Desheng, Lee Shau-kee, Feng Jingxi, Wang Dehui and others through Airship Thailand in the future, and perhaps Li Jiacheng.
As for Lin Zhichao, it doesn't hurt for him to meet with the people who are in Hong Kong. But it must be seen at the airship Taijia, so that at least it can show that it is not an active meeting.
In fact, there are two 'own people' in the real estate chamber of commerce opposite-Wang Kuancheng and Liang Shen, but neither of them has any influence in the real estate chamber of commerce; Wang Kuancheng is the president of the Chinese General Chamber of Commerce, which is clearly a pro-domestic group, but he is only a director of the Hong Kong Real Estate Chamber of Commerce, not even an executive director, and has little influence; Liang Shen is only an alternate director, and his influence is even less.
Generally speaking, it is expected that from the end of the 60s, the mainland authorities will have to try to contact Hong Kong real estate developers, because the influence of this chamber of commerce is too great, and many of them are the objects of control.
Lin Zhichao, as the president of the Chamber of Commerce, needs to have a good balance. Of course, he also knows that at the beginning, everyone chats, not politics; But at the end of the day, we have to talk about it.
Twenty-five directors gathered together and are in a meeting.
Lin Zhichao was holding the 'Chamber of Commerce Memorandum to the Government' prepared by Airship Tai, and he began to discuss:
"Where a member of the Chamber of Commerce encounters a failure in the construction of a construction site, he requests permission to postpone the commencement of construction, and the government approves a one-year extension to waive the fine. This is very good, the recent market has affected many people, and if this happens, the fine will only make it more difficult for the real estate developer. ”
"Urge the government to change the method of public land investment and suspend the construction of housing land in order to adjust the property market. There is no problem with this suggestion, the biggest problem in the market now is the imbalance between supply and demand, oversupply, and it takes time to digest. ”
According to the opinions, the Hong Kong government is required to improve the sales system and improve the management of buildings. This is not bad, from the perspective of customers, it is very important to dispel our worries and improve various systems and building management. ”
"Vice President Huo, the opinions you have formulated are very good, I am touching everyone's light!"
Airship Tai said with a smile: "This is our duty, Mr. Lin, as our association, and communicating with the Hong Kong government is also a very important task!" ”
The two are friends, Lin Zhichao gave him power, and Airship Tai himself was also very happy.
Lin Zhichao was no longer modest, but continued: "Although I have been abroad for a while, I have also considered two suggestions, and we will discuss them together: First, the Chamber of Commerce and the Hong Kong government jointly initiated and held a building model exhibition to introduce the real estate development of Hong Kong in recent years to the public, and to activate and stimulate the dull property market. Article 2: The Chamber assists the Hong Kong Housing Loan Company (HKHBC) in launching a low-interest loan housing scheme to cater for the white-collar class in Hong Kong. ”
It seems that after he became the president of the Real Estate Chamber of Commerce, he did not make any contributions, and he did not even start the development of the site; But in fact, by virtue of winning the bid for the Navy Yard project, Hong Kong real estate has a stable effect, which is equivalent to his willingness to be optimistic about the prospects of Hong Kong real estate as the president of the real estate association.
Therefore, at this time, the influence of his president is very great.
Now his opinions are no weaker than those of the previous ones, and they are immediately respected by all the directors.
Many opinions were compiled into a memorandum by the staff of the chamber of commerce, and Lin Zhichao passed on to the relevant departments of the Hong Kong government on behalf of the Hong Kong Real Estate Association later; This is the first 'appearance' of the real estate chamber of commerce, which is naturally very important.
"President Lin, I'm afraid your investment in the naval dockyard is very large, right?" After the meeting, Hu Hanhui stepped forward to communicate.
In fact, Hu Hanhui's real estate company is not large, and the reason why he can become an executive director is his influence in the gold and silver trading field.
Others also came up curiously and inquired about the project.
Lin Zhichao said with a smile: "The investment is obvious, and I can only plan and build in stages, so let's do it slowly!" Now that Hong Kong is in a state of digesting inventory, it happens that I am investing my money in commercial real estate. ”
Seeing this, everyone pondered a little, the real estate situation still seems to be unstable, and even this one does not open real estate!
"Now the real estate is not easy to sell, whether to start construction or not, everyone is waiting and seeing!" Zhong Minghui said worriedly.
As the president of the Real Estate Chamber of Commerce, Lin Zhichao can only preach: "The real estate is not easy to sell, so we must work hard to package and sell, and sell it as soon as possible if there is a certain profit!" Whether you can start construction or not, you have to look at your own strength, and you should pay attention to real estate such as rotation, but you can still consider more debt. ”
"Taught, Lin Sheng!"
"Teachable, teachable!"
Everyone immediately arched their hands and said convincingly.
Lin Zhichao is not wrong, low price does not mean no profit, because the land is also low, it can only be said that there is a small profit; In fact, by May 1967, there was still a need to digest the inventory, so it was still possible to hand it over.
As for after May 1967, it was an emergency, and Lin Zhichao couldn't predict it, so everyone wouldn't be wrong.
After some exchange, everyone separated.
Lin Zhichao's work is quite simple, it doesn't take much time to hold a meeting and communicate with the relevant departments of the Hong Kong government.
In the evening, the family eats dinner together.
"Xin'er, how did you talk to Lin Benfeng?" Lin Zhichao is concerned about his sister's marriage.
He can't really let his sister die alone, naturally he is doing work such as attention or introduction in this regard, and Lin Xin'er is currently in a relationship with a young man who works at HSBC. The other party also studied abroad, but the family can only be regarded as a medium-sized family, and what can make Lin Zhichao appreciate is - motivated.
Lin Xin'er is no longer as young as she was at the beginning, after all, she is 32 years old, and after seven years of professional career, she has begun to take on the momentum of a strong woman. Her appearance has naturally changed a lot, far less youthful and beautiful than her two sisters-in-law, and it is time to get married.
She raised her head and said, "I still have to test him, brother, you don't know, I'm five years older than him, who knows what he thinks in his heart!" ”
Lin Zhichao suddenly said: "What you said, everyone has their own secrets in their hearts, can you see through everything if you get along for a long time." Now that you all have a good impression and have been talking for another year, I think it's time to do it! You can rest assured, I will always be your backing, what are you afraid of! ”
Lin Xin'er said dissatisfiedly: "Brother, it's not our turn to take the initiative in this matter!" He didn't propose to me, should I take the initiative to marry him, you can't afford to lose this person when the time comes! ”
Lin Zhichao was suddenly a little embarrassed and said, "This makes sense!" What's the matter with this kid, even if he is afraid of you, he won't even be embarrassed to mention marriage! ”
Lin Xin'er was suddenly a little embarrassed and said, "Brother, I'm so terrible!" It's obvious that he's timid! ”
Lin Zhichao shook his head helplessly, others performed very well in the bank, self-motivated, diligent, flexible, in short, he inquired very clearly.
But after thinking about it, Sir Lin's sister is also an executive of Miramar Hotel, and she is indeed domineering enough, Lin Benfeng is a low-level bank manager with four years of work experience.
"So be it! You move to the bungalow I gave you in the middle of the mountain, give someone something to hint at, and strive to tie the knot in the past two years, and have another child. ”
I have to be anxious, this sister is getting older, and she has to make people gossip.
Lin Xin'er diverted the topic and said, "Brother, I heard that you want to invest in a five-star hotel in Xingdao?" ”
Lin Zhichao nodded and said, "Yes!" This hotel brand will be our family's hotel group in the future, and it will be separated from the real estate group. ”
Lin Xin'er immediately said: "Then I'll go to Xingdao to participate in the preparations, I have also worked for so many years!" With a hint of longing.
Lin Zhichao immediately vetoed: "No! In the past few years, you don't have to think about it, get married honestly, have children, and go to work at the Miramar Hotel. In the future, after the establishment of the family hotel brand, you will be left with a management position. ”
Lin Xin'er has the ability, after all, she has studied and been trained by Lin Zhichao.
Shangri-La Hotels and Resorts, which will later be the hotel group of the Lin family, will also be under this group even if it acquires other five-star brands. However, Lin Zhichao doesn't really want to go public, so even if he wants to give his sister shares, it will be in the future.
He is not thin on this sister, and he has given her a lot of properties after seven years of work, including a bungalow in Mid-Levels, a mansion in Mid-Levels in Causeway Bay, and a shop in Causeway Bay, about seven or eight properties. A lot of cash is also given, with 500,000 Hong Kong dollars in cash every year.
But if this sister helps him with anything, it is completely unreasonable, after all, although she has worked for Lin Zhichao for seven years, she is just a missing management after all.
Generally speaking, because Lin Zhichao has two daughters, he doesn't attach so much importance to this sister. In the future, she will have to rely on her ability to fight for the shares of the hotel group, and it will definitely be very small, not more than 5%. After all, the investment of this group is very large in itself.
Lin Xin'er could only say: "Oh! Brother, didn't you say it before."
Lin Zhichao said calmly: "This is the same as being a father, the daughter is young, and she must be guarded against; When the daughter is older, she has to urge; If the daughter is a little older, but the father is in a hurry to understand? Anyway, I won't hurt you. ”
Lin Xin'er suddenly had mixed tastes, and she didn't know how to express her emotions at this time.
Xu Caiying immediately said: "Eat, eat!" ”
Wu Wenying, on the other side, does not express her opinion, she is older, although she worries about her daughter's affairs, but the head of the family is her son; The eldest brother is like a father, and the son has always been in charge of these things.
The next day, Lin Zhichao convened the board of directors of Asia Shipping.
At this time, the global group has two listed companies - Asia Shipping and Longfeng Investment, holding 52% and 43% of the shares respectively; Almost all of the increased shares were cashed out by Wheelock, although it was at the peak of 1964, Lin Zhichao still ate it correctly.
After all, this is equivalent to Wheelock Group's voluntary withdrawal from these two companies, which is cash-out; At this time, Global Shipping increased its shares, which can be regarded as a dignified and upright position.
In the conference room, there were a total of four directors sent by the Global Group, while the Wheelock Group only had one director left.
Lin Zhichao said: "What is the debt situation of Asian shipping? ”
Today's Asian shipping has a deadweight of 500,000 tons, of which 300,000 tons are oil tankers (3), and the development is fast.
"The bank debt and bonds issued are a total of 72 million Hong Kong dollars, and the cash flow is 3.6 million Hong Kong dollars!" The financial department then reported.
Lin Zhichao said: "At present, the annual profit of Asian shipping is almost two years to pay off. However, I plan to continue shipbuilding, so I don't have enough money. I propose to issue 20% of the new shares to raise funds for development! ”
52% of the shares, not enough, to increase to 60~70%.
Because of the upcoming eight-year shipping season, it is natural to eat a little more.
Ma Deng said at this time: "Is it the subscription of the Global Shipping Group, or the public issuing new shares!" ”
Lin Zhichao said: "Issued to the Global Group! ”
Xiao Ma Deng nodded, there is no surprise, at this time, the issuance of new shares, shareholders do not buy it; Although it is more cost-effective for Global Group to issue new shares at this time, there is nothing wrong with doing so, after all, it is the only way to raise funds.
General manager Norbert naturally will not object, he has now recognized Lin Zhichao as the boss, and the global group as the parent company.
Then everyone agreed.
In this way, Universal Group will increase its stake to 60.8%.
As for the price, the market value of Asia Shipping reached 260 million last year, and now the market value is only 200 million, so it will probably take less than 40 million Hong Kong dollars to subscribe for 20% of the new shares.
This money, of course, is to build a new ship, a new ship of 150,000 tons. Asia Shipping was originally the main ship in the future oil tanker operation, so since Lin Zhichao joined the board of directors, it has always adhered to this policy.
Nowadays, the cost of shipbuilding in Japan has risen a lot, and a 150,000-ton oil tanker costs more than 15 million US dollars.
In fact, the amount of money raised is not enough, but Lin Zhichao can still take out loans through Japanese banks and the like.
After the meeting, Ma Deng found Lin Zhichao: "Sir Lin, do you still need the shares invested by Longfeng, do I intend to transfer 10%?" ”
During this period, Xiao Ma Deng did not like to invest in shipping, although there were two companies that cooperated with the world and HSBC, but according to Lin Zhichao, Xiao Ma Deng did not contribute money at all, and it was all a loan given by HSBC.
At the same time, throughout the sixties, Wheelock had been investing in trade, retail, real estate, etc., and was often underfunded, so it cashed out shipping assets to embezzle.
And Lin Zhichao became his 'pick-up man', he cashed out 10% of Asian shipping last year, which was enough to ask Lin Zhichao for 25 million Hong Kong dollars.
Fortunately, the stock market has fallen this year, and now 10% of Longfeng Investment's shares are worth about 12 million.
Because of Longfeng Investment, there is no development at present, and Lin Zhichao has no energy to take care of it.
Even if you don't have the energy to develop, the listed companies in your hands will definitely have great use in the future.
"Yes! Mr. Madden also knows that the global group does not have a listed company, and intends to cultivate two good listed companies. ”
Now it is a little difficult for Chinese people to go public, which is like a British-funded company, which will make its subsidiaries go public, and it will soon be listed.
Therefore, it is completely correct to say that Chinese people are discriminated against in the securities market. Because the Hong Kong Club is the base camp of British capital.
"Okay, these two companies have Mr. Lin to develop, and the prospects must be ambitious, and I am very happy to transfer." Little Madden said with a smile.
For each company, Wheelock has left a little share, about 8~10%, and if it develops in the future, the remaining shares of Wheelock will also rise.
The important thing is that these two companies can really develop because of Lin Zhichao's connections, otherwise everything would be impossible.
Back to the company.
In the office of Global Shipping, Lin Zhichao is still thinking about how to develop the Global Group.
Universal Group, which is the parent company;
Global Shipping, Universal Shipping, Asia Shipping, Huaxing Shipping, and Longfeng Investment are subsidiaries;
There are also many grandson companies, almost every ship is a company, and there are hundreds of grandson companies. The largest grandson company, of course, is Hong Kong Airlines.
Among the five subsidiaries:
Global Shipping is 100% owned by the group and has the largest capacity, which is a little more than twice that of Universal Shipping. This business will not go public and can hide wealth.
Universal Shipping is a cooperative enterprise with HSBC, the group accounts for 60% of the shares, and the capacity is a little more than 30% of that of 'Global + Universal', and it will not be listed.
Asia Shipping, as the flagship listed company of the Global Group, Lin Zhichao will be carefully cultivated.
Longfeng Investment, which was re-cultivated in the 70s, may be used as a surprise soldier in the acquisition of Wharf in the future.
Huaxing Shipping, which currently operates the Victory Ship handed over by Global Shipping, intends to convert it into a container ship in the late sixties; The company, which would later specialize in container shipping, would raise capital to go public in the early 70's and later become the flagship listed container shipping company of the Universal Group.
Soon, Lin Zhichao had a clue for development.
The eight years of 1967~1973 will be the peak period of shipping;
The two years of 1974~1975 were the trough period of shipping, because Middle Eastern oil was not sold to Western countries; During this time, Lin Zhichao will definitely have to avoid these two years through long-term contracts, or sell some ships without contracts in advance.
In 1975~1978, the shipping market should be okay and could continue to operate;
After 1978, European oil extraction, especially British oil extraction, could almost meet a large demand in Europe; Japan's transportation capacity has also weakened due to the oil crisis, which has led to a large increase in oil reserves and the development of nuclear power plants.
So since 1978, Lin Zhichao has had to reduce the ship, and in the early eighties, it could not exceed 8 million tons at most.
(End of chapter)