Hong Kong 1980: The Savage Era

Chapter 114 [Next Project]

"What if Yulang International Company and Shengyun Printing really become enemies?" Luo Qixing seemed a little excited, which also proved that Luo Qixing only wanted to maintain his current life rather than expand it.

Luo Qihong smiled and said, "Let's not talk about whether Yulang International can beat us or not. Even if it can, we can change the way we invest. What do you think about investing in some companies that have grudges against Yulang International and enjoying dividends, and buying a few shops to collect rent?"

"I can't say I'm rich, but at least I don't have to worry about my three meals a day, and I can travel abroad when I have time."

Luo Qihong has already thought of a way out. At worst, he can take care of the future of his family and just buy some properties and assets.

Luo Qixing suddenly felt conflicted. It seemed a bit embarrassing to let his younger brother "support his future life", and he also wanted to have his own career and didn't want to be a "waste".

"We really won't lose?" Luo Qixing asked.

Luo Qihong smiled and said, "The possibility of losing is not high. It depends on you and my parents whether to do it or not. You still need to do the specific operation. I am just a military advisor and can also provide some funds."

Luo Qihong doesn't want to spoil his eldest brother. This is the family business inherited by Luo Qixing's side. It's not good for him to keep interfering. In the end, Luo Qixing himself needs to be able to run it.

Luo Zegui is a decent person and doesn't want to cause trouble. "Let's just do our business honestly. There's no need to make people hate us."

Luo Qihong knew Luo Zegui's weakness and said with a smile, "Dad, Yulang International has been buying up other people's businesses at low prices, causing many people to suffer heavy losses. We are now taking over those people's businesses at market prices. At least we will not treat them unfairly and help them in disguise. Don't you want to see others lose all their money?"

Luo Zegui turned to look at Lin Ya and asked, "What do you think?"

Lin Ya was very clear-headed. She rolled her eyes at Luo Zegui and said, "I can't argue with your youngest son. Shengyun Printing Company belongs to Ah Xing. If there is any problem, it is Ah Xing's problem. The two brothers just need to discuss it."

Luo Zegui sighed and said, "Then you two brothers should discuss it. I can't help you with anything."

Luo Qihong laughed dryly twice, and Luo Qixing didn't know how to defend himself.

Next, Luo Qihong explained to Luo Qixing some situations in which he could take action, and told Luo Qixing not to leave in a hurry, and to wait until the business owner became anxious before visiting him to discuss the acquisition.

The next morning, the stock price of the Electric Light Company rose less quickly than the day before, and it did not rise to 10 yuan until 7.4:.

Shareholders began to get a little impatient, as they had never encountered such a situation before, so some people speculated whether the two parties to the acquisition had conducted private negotiations and transactions.

After receiving Zhang Taotao's report call, Luo Qihong immediately called Bai Jinyan of Sun Hung Kai Securities and asked him to start selling small shares of Hong Kong Electric Company.

He was not worried about any private dealings between the Connor family and the Landmark Group because the relationship was irreconcilable.

The Connor family can leave the Electric Company, but they will definitely want to make a fortune, which the Landmark Company will not agree to. Bao Fuda, the president of the Landmark Company, does not think that the small Connor family can be a match for the Landmark Company, and that it does not cost a lot to get the Electric Company.

However, the Connor family is likely to cash out while the stock price is high and make a profit to compensate for the loss of the electric light company.

Therefore, Luo Qihong was worried that the Connor family had already started to cash out, which would cause him certain losses.

Southeast Tenement Building, No. 329 Shanghai Street, Yau Ma Tei is an old building built in 1948, covering an area of ​​only 8529 square feet. Each floor is about 5100 square feet, the rental area of ​​each floor is only 4500 square feet, the floor area is 7.65 square feet, and the building is 15 stories high.

Although it is close to Shanghai Street and Wenmingli, its exterior decoration is already mottled and looks old and shabby. It does not have the temperament of a commercial building at all, but rather looks a bit like a dilapidated building.

The owner of this commercial building is a private individual and does not have sufficient funds for repairs at the moment. The real estate developers of the commercial building next door have asked for exorbitant prices for the buildings they are building next to, which has discouraged many developers and also made it impossible to sell the Southeast Tang Building.

After all, it would be useless to take over the Southeast Tang Building if you can't take over the commercial building next door. It would be better to invest the funds in other building merger projects.

Luo Qihong looked at the commercial building. Its appearance was indeed a bit shocking. Although there were no problems with the foundation and walls, the funds required for renovation would be considerable. Therefore, he called Yang Mingkun and asked him to secretly calculate the cost of renovation.

"Mr. Luo, I've taken a look around and estimate that a full renovation will cost 160 million and will take at least half a year." Yang Mingkun whispered in Luo Qihong's ear.

The owner Zheng Fan looked at the two people whispering, and he naturally had some guesses, but this was a normal operation, and he couldn't let the buyer make a random offer.

"Half a year won't work, that's too long. Can we form another engineering team, so that three engineering teams can start construction together?" Luo Qihong shook his head and said.

Yang Mingkun hesitated for a moment and said, "Fengtu Construction Company still has some projects to complete. It is unlikely that the two engineering teams will be able to work here all the time. It will also take time to form a third engineering team, so they may not be able to help."

"Mr. Yang, my company will gradually take over more old commercial buildings in the city, renovate them and sell them. I hope the profit can be made by our company." Luo Qihong warned seriously, implying that if Fengtu Construction Company would not take the job, other construction companies would.

Yang Mingkun thought for a long time and responded, "Don't worry, Mr. Luo! I promise to hand over a brand new building to you within 4 months, and the quality will be guaranteed."

Luo Qihong nodded and tactfully did not ask Yang Mingkun what he planned to do. As long as nothing went wrong, he didn't care what method Yang Mingkun used.

"Mr. Zheng, please name a price." Luo Qihong walked slowly to the owner Zheng Fan and asked.

"2 million!" Zheng Fan raised two fingers and said seriously.

Luo Qihong smiled when he heard this and said, "I believe this price is expensive in the entire Kowloon city area. If Zheng Sheng insists on this price, then we really have nothing to discuss."

Zheng Fan also knew that the price he proposed was a bit high. Seeing Luo Qihong's determination, he lowered the price a bit, "Then let's go with 1 million."

Luo Qihong shook his head. "It's a 33-year-old building. How can it possibly compare to those similar buildings that are 7% to 8% new? If Mr. Zheng had repaired it before, it would be worth the price. Let me make an offer, 1 million."

"Too low!" Zheng Fan's face turned ugly. Luo Qihong directly cut 4 million, which was a bit unexpected for him. "1 million!"

"Since Mr. Zheng has lowered the price by 50, I will also raise it by 30, 1." Luo Qihong smiled slightly, "I have already investigated before coming here. To be honest, I just want to get the Southeast Tang Building at a cheaper price. If it is this price, I still have many options. There is no need to buy the Southeast Tang Building and cause the trouble of not being able to sell it in the future."

"Shanghai Street is in such a great location, how could it be difficult to sell? Mr. Luo, don't be fooled by others." Zheng Fan certainly would not admit that Southeast Tanglou was difficult to sell.

"Isn't it already known to everyone? Mr. Zheng, why bother deceiving yourself? I'll give you the final price. If it works, we'll sign the contract. If not, I'll leave immediately." Luo Qihong made a phone gesture, "1 million, the final price."

(End of this chapter)