Huang Hongnian took his assistant to the Paragon building and walked into the office of its owner, George.

"Mr. George, I wonder if you are satisfied with our price?"

George is a cunning British, and although they did not sign a contract for the Wharf Group's price of S$230 million, he also verbally agreed. It's just that the more he thinks about it, the more he feels that he is losing money, so he introduces new competitors.

Huang Hongnian walked in, and he immediately said with a smile: "Mr. Huang, Wharf Group has added S$5 million to your offer, that is, the latest quote is S$240 million. ”

Huang Hongnian is not surprised, he is very clear about the value of the Paragon Tower, this building is located on the increasingly prosperous Orchard Road, coupled with Singapore's economic growth rate, it only takes 1~2 years, he believes that he can earn more than 50% of the profit from Paragon.

Therefore, Wharf Group raised the price by S$5 million (US$1 equals S$0.7), but he felt that his opponent lacked confidence. After all, it is a Hong Kong consortium, and he still does not have enough understanding of Singapore's property potential.

However, Huang Hongnian deliberately said: "Mr. George has a good means to pull me in to compete with the Hong Kong consortium, so that you can take advantage of the fisherman." ”

George laughed: "The Paragon Mansion is a quality property, and it is a normal thing to introduce a competitive model. ”

Huang Hongnian said: "But it seems that there are no other buyers who are interested in it except for our United Industry!" ”

George said, "No, no, of course there are other buyers, but they are not as sincere as the two of you. Mr. Wong, we don't need to argue about this, just talk about your new offer for the Paragon Building, I believe this building is definitely worth more than S$240 million! ”

Huang Hongnian gritted his teeth and said, "For the price of S$248 million, I'll add S$8 million!" ”

George applauded happily and said, "I see your sincerity!" ”

Just when Huang Hongnian was happy, George changed his words and said, "I will immediately call the people of the Wharf Group to see if they can give a higher price." ”

Subsequently, George actually dialed Jiang Chao's phone in person.

"Mr. Jiang, your competitor, United Industries, has already bid S$248 million, I wonder if you can bid again?"

"We gave S$250 million"

George didn't hang up the phone, and asked Huang Hongnian directly: "Mr. Huang, they paid 250 million Singapore dollars, do you still pay it?" ”

Huang Hongnian's face was pale, this Englishman actually bid like this, and suddenly felt that he was being played with.

But he still stubbornly said: "I'll raise the price by another S$5 million"

George smiled happily and immediately said into the phone: "Mr. Jiang, United Industries is now bidding S$255 million, do you still need to bid?" ”

The other side was silent for a while, and said, "Mr. George, you know, I am a part-time worker, and I need to ask my boss for instructions. However, he should be on the plane now, so he might as well give you an answer later. And your bid today is too sudden, we hope to talk about it next time we sit in the office, how about it? ”

At this time, it has been three days before the president comes to Singapore, and the president is already preparing to sign a contract, and he needs a little time.

When George heard this, he immediately said: "No problem, it's true that I didn't think it through, so I'll arrange for the two of you to come to the company to bid together one day." ”

Huang Hongnian's face changed, he didn't expect that this George would be so shameless!

In the end, he and the secretary could only say goodbye, and after walking out of the Paragon building, the secretary said, "Boss, could this be a trap?" George and Jiang Chao deliberately inflated the price of the Paragon Mansion and asked us a sum of money! ”

Huang Hongnian was stunned for a moment, and he suddenly had this feeling, because of the whole operation, Lin Ruihai, the president of Wharf Group, was not involved, but the head of the Singapore business department was talking. Moreover, George's performance is simply what 'this kind of person' looks like.

"Don't worry, the price in my heart is S$280 million, and there is still a lot of space. So it doesn't matter if they have a yin over us or not, we just don't exceed that number. Also, we will delay the time later, if it is really a joint price increase, I believe George will be in a hurry! ”

"Well, it makes sense, as long as we are not in a hurry, we can stabilize the situation, and we can also make George mess with himself."

For a while, the Wharf Group was also dragging and Singapore United Industry was also dragging it, but George was in a hurry.

Two days later.

The secretary hurriedly came to Huang Hongnian's office and said, "The boss, Lin Ruihai, the president of Wharf Group, has actually come to Singapore a long time ago. ”

Huang Hongnian said curiously: "Since you have come to Singapore, why don't you negotiate the Paragon Building in person?" ”

The secretary said: "Because, he is personally involved in the acquisition of Jubilee and has already reached an agreement. The Marco Borough Hotel (a listed company in Singapore, also controlled by the Singapore Marco Borough Hotel) under the Wharf Group, was awarded the Silver Jubilee Company for S$75 million. ”

Huang Hongnian was stunned for a moment, and sighed later: "What a powerful young man!" ”

For the Paragon Building, they have also done research, and believe that if they buy the Paragon Building, and then further buy the land at the back of the Paragon Building, then the value of the entire project will be huge.

Paragon is a product of the mid-60s, and the real value is to be able to build a shopping complex on Orchard Road if it is a merger site.

Now smart people can see that the prospect of Orchard Road is very large, and the comprehensive commercial buildings of shopping malls + hotels, shopping malls + office buildings are the most potential.

"Do we want to participate in tomorrow's bidding?" The secretary also understood that they had lost the opportunity.

If United Industries spends a huge amount of money to win the Paragon Tower, then it will have to buy the Jubilee Company from the Marco Polo Hotel in Singapore, and the two huge expenses are not at all affordable for United Industries.

Huang Hongnian also thought about it seriously!

If you get the Paragon Building at the top price with the Hong Kong consortium, then the Hong Kong consortium will definitely use the land of the Silver Jubilee to slaughter him again; And he bought the Paragon Building purely for 'speculation', not really operating and rebuilding; So in this way, it is not a good thing for him to win the Paragon Mansion at the top price, after all, others are one step ahead of him.

If it is to go to the top price and let the Hong Kong consortium get it, it seems completely unnecessary, after all, there is no injustice between the two sides, so why go thankless.

After thinking about it, Huang Hongnian said decisively: "We still have some financial difficulties when we eat the Paragon Building, especially in the Jubilee area, there is no need to get involved." In this way, let's be a favor again, tomorrow you go to the Paragon Building for me, and directly in front of George and the Hong Kong consortium, announce our withdrawal. ”

The secretary nodded and said, "Okay, I just don't know if the other party agrees or not?" ”

Huang Hongnian said with a smile: "There's no need to care, anyway, we are the ones who intervene." ”

In 1980, Huang Hongnian established Singapore United Industries (UIC), which focuses on acquisition and development, to put it bluntly, it is to obtain considerable profits through acquisitions, and in layman's terms, it is an enterprise with the nature of "investment bank", so in the case of losing the opportunity, Huang Hongnian will not be stupid to fight with a large consortium.

Next.

George, the owner of Paragon Tower, greeted Lin Ruihai and Jiang Chao of Wharf Group, as well as representatives representing Singapore United Industries.

However, when he saw only Huang Hongnian's secretary, he suddenly felt a little bad.

Sure enough, the secretary said directly: "Mr. George, my boss has decided to give up this bid, and specially asked me to say sorry to you!" ”

George suddenly lost his demeanor and said: "I am very disappointed that he did not keep his word!" ”

The secretary sneered: "Mr. George, everything is just a verbal agreement, just like when you suddenly announced that the Paragon Mansion was going to be sold, destroying the agreement that had been almost negotiated. And our boss suspects that you are deliberately topping the price and making us pay a bigger price. ”

George's face immediately turned red, after all, he was embarrassed in front of Lin Ruihai and Jiang Chao.

"Get out, please get out right away!"

The secretary sneered, and then showed a smile to Lin Ruihai and Jiang Chao to show friendship.

Lin Ruihai showed a smile and responded to Huang Hongnian's secretary.

But after Secretary Huang Hongnian left, Lin Ruihai and Jiang Chao sat opposite George and his men.

George had no confidence at this time, and said: "Mr. Lin, I am very happy that you have come to Singapore, and the price of the Paragon Building can be traded according to the 250 million Singapore dollars negotiated earlier!" ”

Lin Ruihai smiled: "We talked about S$230 million, before I came to Singapore. Mr. George, did you say yes? ”

George was immediately embarrassed, and it was clear that after withdrawing from a competitor, the Wharf Group had become difficult to talk to.

"The price of the Paragon Tower is more than S$230 million, otherwise you wouldn't have paid up to S$255 million."

"If it weren't for Mr George's strategy, he wouldn't be worth S$255 million, but S$230 million. ”

George immediately said, "You must have joined forces and wanted me to sell at a reduced price!" ”

Lin Ruihai said: "Mr. George, do you think we will unite for one or two million Singapore dollars, after all, we were still competitors at the beginning. In this way, the transaction is still at a price of S$230 million, and we can sign the contract immediately. ”

George's mind immediately worked, and he didn't believe that Huang Hongnian and Lin Ruihai could unite in a short period of time, it seemed that Huang Hongnian thought that this kind of top price was too obvious.

Suddenly, George began to worry, and his heart was already three points weaker.

"S$240 million, this price is already my biggest concession!"

"We're adding up to S$5 million, S$235 million, and that's our biggest concession."

Seeing Lin Ruihuan's attitude, which was that kind of 'serious expression', George could only say: "Okay, just S$235 million!" ”

Prior to this, no other consortium had offered a suitable price except for the Singapore United Industries Auction, so he didn't plan to waste his time.

"Happy working together!"

Subsequently, the two parties arranged to sign the contract.

After signing the contract, George asked a little puzzled: "Mr. Lin, are you really not united?" ”

Why Huang Hongnian withdrew, he still can't figure it out, and now that the contract has been signed, he also wants to 'die' to understand.

Lin Ruihai said: "Absolutely not, we won't do this kind of thing!" ”

George said distressedly: "Then why did he give up at the last minute? ”

Lin Ruihai said: "Possibly. He's worried that we're playing a trap with you to get them to buy the Paragon building at a high price. ”

George suddenly realized and said, "I didn't expect it, I didn't expect that you Chinese people have so many thoughts!" ”

Lin Ruihai and Jiang Chao couldn't help but want to give George a kick, who was the one who played tricks at the beginning, and the two almost let George lead the nose.

And Lin Ruihai didn't tell George, mainly because he bought the Silver Jubilee Company as soon as possible, so that Huang Hongnian took the initiative to withdraw; Of course, there is no need for him to explain to George, this kind of untrustworthy person is not worth it at all.

When George reacts, let him slowly annoy!

Back in Hong Kong, Lin Ruihai reported his recent work to his father Lin Zhichao.

After Lin Zhichao heard this, he said, "Well, it's a good job!" ”

Singapore has purchased three assets in a row – Bowlong Place Tower, Jubilee Investment, and Paragon Tower, all of which are high-quality assets. The Thai side is also making very good progress, and the work has already begun.

Of course, high-quality assets are secondary, but Lin Ruihai's performance makes Lin Zhichao more reassured, especially in the acquisition of Paragon Building.

Lin Ruihai was immediately encouraged, and then said: "Father, the acquisition of two assets (Prolong Place Building, Jubilee Investment) by the Marco Bolo Hotel in Singapore has spent a total of S$180 million (US$126 million, about HK$950 million), which is already very indebted, and the stock price has fallen a lot recently, should we consider privatization?" ”

The Marco Boros Hotel Singapore, which is actually just a four-star hotel, has some small property investment; Now that a full 950 million Hong Kong dollars have been spent, it does make shareholders think that the expansion is too fast, so the stock price is not performing well.

Lin Zhichao said with a smile: "Privatization and comprehensive acquisition are only carried out when the stock market is at a low ebb, and we, as people at the top of the food chain, must be patient enough and wait for better opportunities." ”

Of course, after the 87 stock market crash, it was privatized!

"I see!"

Lin Ruihai said decisively.

Listening to his father's meaning, there might be a low ebb in the Singapore stock market, he thought to himself.

Lin Zhichao nodded with satisfaction, he didn't want his son to be 'too assertive' in investment, so he consulted Lin Zhichao on major matters and made his own decisions on small matters. After all, he still has 36 years of advanced insight and experience.

"What is the financial situation of Wharf?"

Lin Ruihai immediately said: "Although the acquired properties are as high as more than 2 billion Hong Kong dollars, Wharf Group only invested 500 million Hong Kong dollars in the Singapore market; Thailand and Malaysia also tentatively set an initial capital of HK$1 billion, and then both adopt a larger loan ratio. Therefore, Wharf Group still has sufficient cash flow, as well as a steady stream of profits, and the support of local banks."

Lin Zhichao said: "Well, my analysis is: in the next 8~10 years, there will be a wave of economic bubbles in Southeast Asia, which will drive the property prices in Southeast Asia to rise sharply. This is a process of the new economy and the beginning of the economic malaise in Europe and the United States. The same is true in Japan, where the bubble has been getting bigger and bigger since the Plaza Accord, and it is estimated that it will last for three or five years! ”

Lin Ruihai asked: "What will happen to the Japanese bubble in the end?" ”

Lin Zhichao said with a smile: "The economy has been sluggish for 10~20 years, and at the moment when the bubble burst, countless people went bankrupt. ”

Lin Ruihai was shocked, and then said, "Then how does my father know when the bubble will burst?" ”

Lin Zhichao said: "When everyone is crazy, the bubble is about to burst. Our investment in Japan, in fact, has not been anything new this year. ”

The father and son communicated this kind of thing, and Lin Zhichao didn't have too much defense, of course, he was talking about it from an analytical point of view.

(End of chapter)