Hong Kong 1980: The Savage Era

Chapter 350 351 [Otherwise I won’t be able to sleep]

Siu On Real Estate Company Office

The three giants felt a little strange because there was a new person, Bai Jinyan, in the office.

Although Bai Jinyan is a shareholder of De'an Securities Investment Company and Luo Qihong's future wife, she has never appeared in Zhao'an Real Estate Company and is not even a member of the board of directors.

Now Bai Jinyan seems to be entering the power core of Zhaoan Real Estate Company, and he was helped in by Luo Qihong.

"Miss Bai and I are getting married soon. She is also the original shareholder of De'an Company, so I asked her to come and listen to the official affairs of Zhao'an Real Estate Company." Luo Qihong explained briefly.

Chen Zhilong smiled and said, "Do we need to ask the board of directors to nominate Miss Bai?"

Luo Qihong nodded and said, "I have this plan. She will attend the next board meeting. Sister Jinyan will not be responsible for the specific affairs of Zhaoan Real Estate for the time being, but the securities investment work of De'an Securities Investment Company will report directly to me."

"Yes, boss!" the three giants said in unison.

The securities investment work that De'an Company is in charge of has never been the business of the three giants. At most, they would ask a question or convey Luo Qihong's intention. Now that Bai Jinyan has taken over legitimately, it has no impact on them.

"How are the sales of industrial properties going?" Luo Qihong asked.

This is an important investment of Zhaoan Real Estate Company, and the investment period has exceeded 2 years and is close to 3 years.

"We have sold all of them, with a profit of NT$2 million. We no longer have any industrial properties under our umbrella." Kang Wenyi reported. "What is this money used for?"

Luo Qihong said, "I remember that the company has several loans that are about to expire. Let's use this money to repay them first, and give the rest of the money to De'an Company. The stock market is booming now, and we can definitely make some more money."

"Yes!"

"The share offerings and fundraising of Huaguang Real Estate Company and Zhaoan Real Estate have been completed. In order to better privatize Huaguang Real Estate Company in the future, you should make a plan on how to use this fund to purchase properties and maintain the balance of income and expenditure of Huaguang Real Estate." Luo Qihong said.

"Boss, do you want to suppress the stock price of Huaguang Real Estate?" Cheng Jianshen asked.

"Yes, since we are going to privatize, we must of course try to save money as much as possible, but we must also have a good reputation, otherwise privatization will be difficult to succeed," said Luo Qihong.

"The last cooperation with Weimon Investment Company was good. Would you like to cooperate again?" Cheng Jianshen believed that as long as it was beneficial to both parties, they could put aside their grudges.

Luo Qihong shook his head. "Not for the time being. As I said before, we will not launch a full acquisition of Huaguang Real Estate Company in the short term. Weimeng Investment Company is only suitable to assist us in launching a full acquisition plan."

"understand!"

After the three giants left, Bai Jinyan whispered to Luo Qihong, "The person in charge of Weimeng Investment Company has been changed. Gao Kaiquan is very successful in the real estate industry. The new person in charge, Zhong Wei, is a sensible person. He even sent a gift to De'an Company some time ago."

Luo Qihong smiled and said, "There must be some purpose behind his arrogant and respectful behavior. Gao Kaiquan still controls some of the power of Weimeng Investment Company, and Zhong Wei just wants to use his power to gain advantage. If he achieves his goal, he will definitely not be so submissive."

"I know this. Do we need to take action against Gao Kaiquan and also guard against Zhong Wei?" Bai Jinyan asked.

"No need." Luo Qihong waved his hand. "They are all small characters. We don't need to distract ourselves from dealing with them. The tycoons who have close ties with them are also suppressing Weimeng Investment Company. They can't make any big waves."

There are so many people like Gao Kaiquan and Zhong Wei in Hong Kong, how can we possibly guard against them all?

Mid April

Asia Securities announced that its full acquisition of Chinese Estates Holdings had failed and returned the shares of some shareholders. The company still holds 30.64% of Chinese Estates Holdings. Asia Securities is still the second largest shareholder of Chinese Estates Holdings. Liu Luanxiong of Evergreen still needs to face Wei Li.

"Mr. Luo, the shareholders' meeting of Chinese Estates Holdings is about to be held. Asia Securities still holds 3% of the shares, which poses a major threat to us." Liu Luanxiong said with a gloomy face.

"Then what do you want to do?" Luo Qihong was not quite sure what means Liu Luanxiong used in his previous life to force Wei Li away.

Liu Luanxiong smiled bitterly and said, "The Aimico Company is now heavily in debt. What can we do? I just want to ask Wei Li to come out for a talk to avoid a fight that ends in a lose-lose situation. Didn't Luo Sheng have a cooperation with Wei Li? They should have a good relationship, right?"

Luo Qihong nodded and said, "Yes, we have cooperated before. How does Mr. Liu want to convince Wei Li?"

"We are the major shareholder, so it is not a problem for us to take over the management rights. I plan to become the general manager of China Resources Land and give the position of chairman to Wei Li. What do you think, Mr. Luo?" Liu Luanxiong suggested.

Luo Qihong smiled and said, "This is a good idea. Wei Li should not refuse it."

It seems that the position of chairman of the board can control the board of directors. In fact, as the major shareholder of Aigo, it is very likely that Liu Luanxiong controls the board of directors. If he also takes the daily management rights of the company, Liu Luanxiong can basically control China Resources Land, and Wei Li can only interfere.

Of course, Wei Li was also very aware of the tricks involved, but he was at a disadvantage. If he became chairman, there was still hope of recovery. If he couldn't even keep the position of chairman of the board, wouldn't his situation be even worse?

They are all smart people, and it is impossible for Wei Li to get the day-to-day management rights.

"As for the resale of China Entertainment Properties, I would like to postpone it for a while. After clearing out Wei Li, I will resell it to you, Luo Sheng." Liu Luanxiong asked tentatively.

"No problem, but I need to send someone to China Entertainment Properties in advance." Luo Qihong couldn't let Liu Luanxiong lead him by the nose.

Liu Luanxiong's expression froze, and he said, "Okay, I'll coordinate this matter after the shareholders' meeting is over."

"Luo Sheng, what do you think of the Bank of East Asia?"

A sudden sentence made Luo Qihong a little confused. Although he had thought that Liu Luanxiong would attack Bank of East Asia as a revenge, he did not expect it to happen so soon.

"Mr. Liu wants to attack the Bank of East Asia?" Luo Qihong asked in pretended surprise.

Liu Luanxiong nodded and said, "Li Fushu extorted a lot of money from us. If we don't take it back, the outside world may think that we are easy to bully."

"."Luo Qihong was speechless for a moment. You are a stock market sniper. Who dares to offend you? Li Fushu was a bit too much, but it was just a common tactic in the business world.

"Did Paramount Company raise funds previously in order to attack Bank of East Asia?" Luo Qihong asked.

Liu Luanxiong nodded without reservation, "Yes, I plan to buy some shares of Bank of East Asia first, then release the news to cause fear in Bank of East Asia and a surge in the share price, and then sell them for profit."

"Unlike previous sniping, we don't have to announce the acquisition at all."

"This plan is very good. It will allow Paramount Company to accumulate a large amount of funds, which will facilitate future work." Luo Qihong said. This is what Liu Luanxiong did in his previous life.

"America Corporation also needs to accumulate more funds, so I will also let America Corporation participate, but Paramount Corporation will be the leader."

"It seems that Mr. Liu has figured out how to deal with Wei Li." Luo Qihong smiled mysteriously, as if he saw through Liu Luanxiong's thoughts.

"Haha!! Luo Sheng is indeed a securities expert. He saw through my intentions at a glance." Liu Luanxiong laughed heartily, "We must expel Wei Li from China Resources as soon as possible, otherwise I won't be able to sleep."

(End of this chapter)