Hong Kong 1980: The Savage Era

Chapter 172 [Waiting for the Opportunity to Come]

Seeing that his younger brother was the first to speak without knowing the rules, Lin Luoxun warned him with his eyes but did not say anything.

"Xiao Linsheng said it well. Luo Qihong has always liked to do evil things and rob other people's property. Now he is attacked from both sides by us and Li Zhaoji. He deserves it." Liu Jiehui said with a laugh.

In Liu Jiehui's view, this is not only a revenge, but also an expansion of business and network. All the people present have companies and definitely need loans.

"I think we should find a real helmsman for Yonghua Company. This person must have good management skills and the ability to hold a high proportion of shares. What do you think?" Zhao Qichen looked around and could see all the expressions.

It is obvious that Zhao Qichen's words mean that he wants to take over the management rights of Yonghua Company. He certainly has the ability to do so. His shareholding in Zhaoan Real Estate Company alone can make him a major shareholder of Yonghua Company.

Gao Kaiquan and Lin Luoxun did not express their opinions first. They looked intriguing, as if they did not agree with Zhao Qichen's suggestion.

"Mr. Zhao wants to take away the management rights of Yonghua Company?" Lin Luoshi looked at Zhao Qichen very seriously. He also wanted to take away Yonghua Company. It felt so wonderful to be the master of a listed company.

Zhao Qicheng was an old fox, so how could he let the situation go on without any room for maneuver? So he smiled and said, "Mr. Xiaolin, you misunderstood. I was just making a suggestion. I don't have to be the operator of Yonghua Company."

Hearing this, Lin Luoshi restrained his expression a little, but still stared at Zhao Qichen with dissatisfaction, but Zhao Qichen didn't mind at all.

Liu Jiehui tried to smooth things over and said, "Let's take over Yonghua Company first and then talk about the management rights. Now we need to unite and deal with Luo Qihong."

Lin Luoshi believed that since Luo Qihong was concentrating on dealing with Li Zhaoji, he could take over Yonghua Company alone without the help of others. As for the support from Standard Chartered Bank, he could just find another bank to replace it.

"Mr. Liu, which of the three of us do you think is more suitable to manage Yonghua Company? My Lin family has always been in the real estate business, so we should have more experience and strength than the others."

Lin Luoshi spoke so quickly that Lin Luoxun had no time to stop him.

When these words reached everyone's ears, the atmosphere at the dinner table suddenly became solemn.

Lin Luoshi's underestimation naturally made others unhappy. Perhaps Gao Kaiquan would be a little worse, but Zhao Qichen had been engaged in real estate for more than ten years, so how could he not be as good as Lin Zuhui's family.

Liu Jiehui has been in a high position for many years. Facing such coercion, he still has a good temperament. He smiled and said, "Xiao Linsheng, do you mean that you are the most suitable to take over Yonghua Company? I think the strength of the other two companies is not bad either."

Lin Luoshi wanted to open his mouth to argue, but was stopped by Lin Luoxun. "Mr. Liu has misunderstood. We will discuss who will own the management rights of Yonghua Company later. Now we should hurry up and take over Yonghua Company."

Everyone knew that Lin Luoxun was the one who made the decision, but Lin Luoshi was Lin Luoxun's pawn. After hearing these words, they realized that Lin Luoshi's words only represented Lin Luoshi himself.

Liu Jiehui didn't want to ruin the alliance, so he changed the subject. "I received news that Luo Qihong's De'an Securities Investment Company is selling Yonghua Company's shares, and it seems that they intend to abandon Yonghua Company."

Hearing this, Lin Luoxun frowned. Based on his understanding of Luo Qihong, Luo Qihong was not someone who would give up easily. Perhaps he was retreating to advance.

"Mr. Liu, Luo Qihong holds 49.6% of Yonghua Company's shares. Originally, we only needed to acquire 26% of the shares to threaten Luo Qihong, but now we may need more capital investment." Gao Kaiquan explained.

The atmosphere became quiet again.

With their investment increasing and the fact that they might not get the operating rights even if they succeeded, they began to want to back off, after all, their investment might have to double.

Lin Luoxun held a different point of view. "I think it would be better for us if Luo Qihong sold more stocks. We can have more money to take over Yonghua Company without having to cancel its listing status. Wouldn't it be better for us after taking over Yonghua Company?" "That makes sense! But Luo Qihong is not a fool. If we can think of it, he must have thought of it too. What I'm worried about is that Luo Qihong will be stuck at the best shareholding ratio, making us pay the biggest price." Zhao Qichen retorted.

"There is nothing we can do about it. We have already started, and we cannot give up halfway." Gao Kaiquan said, "If we retreat now, we will easily suffer losses."

Lin Luoxun thought for a moment and said with a smile, "Everyone, if the acquisition is successful, I can take over everyone's equity and let everyone make a profit. As for Luo Qihong, I will go to negotiate in person, but I have one condition, which is to retain Yonghua Company's listing status. How do you think?"

After the acquisition, Yonghua Company has already established its reputation, so there will be no problem in raising funds and issuing shares.

It seems not bad to spend some money to acquire Yonghua Company with a market value of 2 million yuan.

Zhao Qicheng and Gao Kaiquan immediately understood Lin Luoxun's "wishful thinking", and Zhao Qicheng was the most advantageous among those present, because Zhao Qicheng held a large number of shares in Zhaoan Real Estate Company and could negotiate with Luo Qihong, so Zhao Qicheng would not let go easily.

Seeing that everyone was eager to make a move, Liu Jiehui said, "It seems that everyone has no objection to the proposal to continue to acquire Yonghua Company. Then, shall we announce the acquisition tomorrow?"

Everyone nodded in agreement.

In the afternoon, De'an Securities Investment Company held a press conference and announced that Hehong Real Estate Company would acquire another 3% of China Gas Company shares and would withdraw from the acquisition war.

At the same time, Bai Jinyan arranged people to publicize the news in the four major stock exchanges, which immediately caused a commotion among investors. Many investors began to rush to Dean Securities Investment Company to register to sell their China Gas Company stocks.

Sun Hung Kai Securities General Manager's Office
After hearing the news, Feng Jingxi and his son and Li Zhaoji in the office were silent.

It is becoming increasingly difficult to continue the acquisition. The funds required may double, or even triple, and the chances of success are slim.

Once the shareholding ratio is high, the acquisition fails, and the stock price falls, Li Zhaoji will be trapped with a large amount of funds or suffer serious losses.

I don't hold many shares now, so I can still exit with a profit.

"Aji, I think there is little point in continuing the acquisition. It is better to make a profit and leave." Feng Jingxi suggested.

Among the three swordsmen of Sun Hung Kai, Li Zhaoji is the youngest and ranks third.

Li Zhaoji sighed and said, "From the beginning I knew that it would be very difficult to acquire China Gas Company, but I still wanted to give it a try. China Gas Company is really too good. Without it, my plan will be greatly affected."

Feng Yongxiang, the son of Feng Jingxi, suggested, "Uncle Ji, there are many companies like China Gas in Hong Kong. You can acquire other companies."

Li Zhaoji glanced at Feng Yongxiang and shook his head, saying, "In Hong Kong, the only companies that can compete with China Gas are the Hong Kong Electric Company and the China Light and Power Group. It is unlikely that these two companies will be acquired."

Feng Jingxi said, "We can only wait for the opportunity, Aji. While the share price of China Gas is still high, Axiang, you go and notify the staff to start selling China Gas shares and try to sell them all at a price above 15 yuan."

"Yes, Daddy!" Feng Yongxiang nodded and walked out of the office.

At this time, Feng Jingxi said to Li Zhaoji, "As far as I know, the Land Development Company has been aggressive in recent times and is in serious debt, but the real estate market is not doing well. Perhaps this is your chance."

(End of this chapter)