Hong Kong 1980: The Savage Era

Chapter 167 [At Worst, We Can Just Retreat]

Monday, September 12
永华公司宣布，发行新股3千4百万股，每股2元，集资6千8百万元用于收购锦兴置地公司旗下价值1亿7千万元的铜锣湾、中环物业。

As soon as the news came out, the market immediately became excited.

Many people have noticed that Yonghua Company is only a small company with a market value of 3 million yuan, but it dares to "swallow a whale" and swallow a property worth 6 million yuan. Aren't they afraid of being bloated to death?

When someone found out that the company behind Yonghua Company was Zhaoan Real Estate Company, most of the voices of doubt disappeared immediately. After all, Luo Qihong's reputation as the "company doctor" was not for nothing.

Luo Qihong successively revived and expanded the Paramount Restaurant Company and Hongpu Real Estate Company, and the market value of the Paramount Restaurant Company was close to 10 billion yuan, making it one of the top medium-sized real estate companies.

Of course, there are also many people who think that Yonghua Company's foundation is unstable and Luo Qihong's approach is too hasty. This "company doctor" is likely to suffer a "Waterloo".

Botanical Garden on the Rooftop of Landlords Club
In the last battle for Best Real Estate Company, the landlord association made a profit of 1 million yuan under Zhong Wei's operation, but ultimately failed to take over the real estate company.

Although the helmsman Gao Kaiquan has accepted his fate, he still wants to get greater benefits, so he hyped up Best Real Estate Company for the second time.

"Luo Qihong wants to hype Yonghua Company in the same way with the help of Zhaoan Real Estate Company. This is our chance, Gao Sheng." Zhong Wei glanced at the steaming tea and a gust of cold wind blew past, making him shiver.

Gao Kaiquan picked up the teapot and poured tea for Zhong Wei, who immediately pretended to be flattered.

"Duo duo!" The tea made a falling sound.

After pouring the tea, Gao Kaiquan smiled and said, "What do you think is the chance that we can seize the opportunity to take over Yonghua Company?"

Zhong Wei was stunned. Seizing Yonghua Company now would be like pulling teeth from a tiger's mouth. Luo Qihong was not someone to be trifled with. Besides, everyone could see that Yonghua Company's market value would double and there would be huge profits to be made.

If a takeover war with Luo Qihong were to start, others would most likely smell the blood and join in. At that time, it would be even more difficult for the landlord to take over Yonghua Company, and it would also offend Luo Qihong.

"The chances of taking over Yonghua Company are slim unless Luo Qihong is willing to let go." After Zhong Wei said this, he immediately understood what Gao Kaiquan meant.

"Gao Sheng wants to discuss the acquisition of Yonghua Company with Luo Qihong?" Zhong Wei asked urgently.

Gao Kaiquan smiled mysteriously, "Yes and no. Luo Qihong is definitely unwilling to sell it now. When Yonghua Company's hype is over, the market value will skyrocket again. The price we spent is too high, so I want to start buying more Yonghua Company's shares now."

"What if Luo Qihong asks for an exorbitant amount of money?" Zhong Wei asked.

"Then let's go for it. It's good for us anyway. The most we can do is cash out and leave."

"Does Gao Sheng want to leave the Landlord Association after acquiring Yonghua Company?" Zhong Wei thought about it again and again and finally asked.

Gao Kaiquan took a deep look at Zhong Wei and said, "It depends on how much it costs to acquire Yonghua Company. If it is too high, I can't afford it. I can only control Yonghua Company together with the Landlord Association."

Zhong Wei suddenly felt discouraged. This old guy was still reluctant to give up the benefits brought by the Landlord Association. He had already gained 100 million or 200 million yuan from the Landlord Association. How could it not be enough to acquire Yonghua Company?

Unfortunately, Zhong Wei still did not have the strength to rebel, so he could only keep a low profile and wait for an opportunity.

Yonghua Company's stock price soared. As the major shareholder of Yonghua Company, Zhaoan Real Estate Company also saw a small increase in stock price, and its market value successfully exceeded 4 million yuan.

Zhaoan Real Estate Company finally acquired 20% of the shares of Jie Lian Enterprise Company and launched the acquisition of Jie Lian Enterprise on the 7th, which caused a violent reaction in the market.

Mandarin Oriental Hotel, Central
The dinner was organized by Cheng Yu-tung and his son, and the invited guests included Luo Qihong, Chen Songqing and Zhong Zhengwen of Yida Group.

Cheng Yutong sat in the first seat, looked around, and laughed, "We are all Chinese, there is no need to fight, why not sit down and have a good talk. Jie Lian Enterprise was originally a company under New World Development, and now it has been transferred to Jianing Company. Luo Sheng holds 20% of the shares of Jie Lian Enterprise. It's time to have a good talk." Chen Songqing smiled faintly, "If Luo Sheng wants to acquire Jie Lian Enterprise, Jianing Company is willing to let it go."

After hearing this, Luo Qihong suddenly became restless. He originally wanted to make a fortune and leave. Who would be willing to take over Jie Lian Enterprise Company?

Luo Qihong smiled and said, "Mr. Chen, are you willing to do that? Jie Lian Enterprise is of such high quality, it is more important than most of your companies. In fact, I am willing to make friends with Mr. Chen, and with the face of Mr. Zheng Da and Mr. Zheng Xiao, I can withdraw."

Zhong Zhengwen said arrogantly, "Luo Sheng made such a big deal to acquire the company, just to make friends? Isn't this price a bit too high?"

Luo Qihong replied, "Since I can make money and make friends, it's a double win, why not do it?"

Jie Lian Enterprise Company has great potential. According to Luo Qihong's calculations, Chen Songqing is very likely to want to build another Jianing Real Estate Company, and its market value will definitely not be less than 10 billion yuan.

However, Luo Qihong could not wait that long. What he had to do was to enter and exit quickly and make profits quickly to fill the debt gap of Private and Zhaoan Real Estate Company.

After thinking about it, Cheng Yutong still wanted Jianing Company to take over Jie Lian Enterprise. The reason was simple. He was worried that Luo Qihong would sell Jie Lian Enterprise after running it for a period of time.

This is his hard work, so naturally he doesn't want Jie Lian Enterprise to remain a commodity without a home.

"Since Mr. Luo is willing to sell it, what price does Mr. Chen want to take over?" Cheng Yutong asked first.

Chen Songqing understood what Cheng Yutong meant, so he said, "Let's increase the market price by 1% today. What do you think, Mr. Luo?"

Luo Qihong smiled and said, "How about 2%?"

He knew that such a premium was a bit unfair, but considering that Jianing Company would not last long and had already offended Chen Songqing, he might as well ask for more benefits, otherwise he would suffer a loss.

Cheng Yutong and his son looked at Chen Songqing, who put down his cigar and said with a smile, "Okay, then we'll pay a 2% premium, but Jianing Company only wants 14% of the shares, and Luo Sheng will handle the remaining 6% himself."

If the shareholding exceeds 50%, there will be a full acquisition, and Chen Songqing naturally does not want a full acquisition.

"OK!" Luo Qihong made a gesture.

Soon, Chen Songqing took Zhong Zhengwen away on the pretext of having something to do, leaving only the Zheng father and son and Luo Qihong in the box.

Luo Qihong tactfully raised his glass and said to the Zheng family father and son, "I toast to Mr. Zheng, elder and Mr. Zheng, younger!"

Cheng Yutong waved his hand, picked up the wine glass, and said, "Mr. Luo, you're welcome!"

After chatting for a few words, Luo Qihong took the opportunity to establish a relationship with him and said, "Uncle Tong, you are too polite. Just call me Ah Hong."

Cheng Yutong was a generous person. Although he did not approve of what Luo Qihong did, he admired Luo Qihong's operational ability and wanted to make more connections for the Cheng family so that the family could last longer.

"Okay, I'll call you Ah Hong from now on." Cheng Yutong asked, "Did you set up the Jianing Company just for today's banquet?"

Luo Qihong nodded readily and said, "That's partly the reason. It's also for profit. We can make money."

"Haha!" Zheng Yutong laughed, "You are amazing! You have offended Mr. Chen. Jianing Company has a lot of influence."

Luo Qihong said indifferently, "It doesn't matter. At most, we can sell Zhaoan Real Estate Company and focus on the gas business in the future. Jianing Company should not affect China Gas Company."

(End of this chapter)