Hong Kong 1980: The Savage Era

Chapter 399 400 [Help]

"I heard that Mr. Guo holds a lot of shares in large hotel groups. I hope to acquire all of them." Luo Qihong said, "Mr. Guo should know about my relationship with the Kadoorie family. The negotiations have been fruitless, so I can only find another way."

"Okay, the shares of the Grand Hotel Group that I hold were acquired from the stock market and have nothing to do with the Kadoorie family. I wanted to hold them for a long time for dividends, and now is a good time to cash out at a high price." Robert Kuok also had some opinions about the Grand Hotel Group's conservative stance in recent years and had already considered selling it, so it was a good opportunity to use it for the transaction.

"I always do things promptly. How about a 1% premium?" Luo Qihong originally wanted to offer a 2% premium, but considering the equity issue of Hong Kong Television Company, he lowered the price by one level.

"Okay, then we'll do the transaction at this price." Robert Kuok said readily.

The Kuok family holds approximately 6.7% of the shares of the Taipei Hotels Group, while Lo Chi Hong holds 36.2%. After the transaction is successful, they will be able to hold 42.9%.

Such a high proportion of shareholding will inevitably lead to a new round of negotiations with the Kadoorie family.

The last negotiation had disappeared without a trace, and of course Luo Qihong did not ask Michael Kadoorie about the result.

After Luo Qihong left, Run Run Shaw sighed, "Young people nowadays don't like us older generations anymore. They always like to talk about benefits."

Robert Kuok knew Run Run Shaw's character very well and said with a smile, "There are advantages to talking about favors, and there are conveniences to talking about interests. Favors are not easy to repay."

Run Run Shaw has always valued money and always talks about face with others, but when it comes to selling his shares, he has another excuse.

To put it bluntly, they hope to get a bargain and don't want to suffer any loss.

But Robert Kuok is different. He is a shrewd businessman who also values ​​friendship. He knows that friendship is harder to repay than profit, so he would rather give up profit to keep friendship.

Soon, Dehe Real Estate Company signed a transaction agreement with the Kuok family, spending 3 million yuan in cash.

This move shocked the entire Hong Kong market, proving that Luo Qihong was going to target the big hotel groups again.

Then Dehe Real Estate Company announced that it would acquire shares of the Grand Hotel Group at a price of RMB 65 per share until it held 51% of the shares, without any additional conditions.

Although the Kadoorie family has acquired a lot of big hotel stocks during this period and successfully increased its stake to 22%, it is still far behind the 42.9% held by Dehe Real Estate Company, which makes people somewhat unconfident.

So Michael Kadoorie found Luo Qihong again to discuss the matter.

"Mr. Michael, the board of directors of the Grand Hotel Group is really busy. I submitted my application to join the board more than half a year ago, but I haven't received a response. Also, there has been no response to the instructions you said you would give me. What's going on?" Luo Qihong laughed at himself, "Could it be that I, Luo, am not qualified?"

"No, it's actually my fault. I was so busy that I forgot about what happened with Luo Sheng. I'm really sorry." Michael couldn't say anything else except to apologize.

"Really? You forgot to congratulate the Jardine family for increasing your stake to 22%. You completely forgot about our affairs, but you didn't forget to increase your stake. Do you think I can't do anything to you?" Luo Qihong pressed further.

"No, I really forgot." Michael knew that he couldn't anger Luo Qihong anymore, otherwise it would be difficult to discuss the next things.

"Okay, now that you remember what happened between us, please give me an answer." Luo Qihong said with a smile, "If you still want to discuss it, then there is no need to say more. Let's just have a couple of drinks."

Michael was silent for a moment, then said, "There is already an answer to the previous matter. We can allow Luo Sheng to have three board seats and take charge of the property management of the hotel. However, Luo Sheng needs to reduce his shareholding to 3%. Is this possible?"

"I can't do that. Let's just drink. We may not be able to sit together and drink peacefully in the future." Luo Qihong flatly refused.

What a joke!
He was about to win, but he still agreed to an unreasonable treaty? If the news got out, wouldn't he become a lackey of the Kadoorie family?

"Mr. Luo." Michael wanted to persuade him again, but was interrupted by Luo Qihong. "My request is very simple. Four seats on the board of directors and full control of the property industry. I will not agree to any of your requests."

"Mr. Michael, you are now at an absolute disadvantage. You have no right to make demands. Moreover, I have been tolerant, but you have secretly increased your shareholding to make up for the gap between us." "Are you planning to kick me out of the board of directors once you hold enough shares?"

'No such thing'

Luo Qihong interrupted again, "If you agree, we will sign the agreement today. If you don't agree, we can only meet on the battlefield."

"If Mr. Michael continues to persuade me, I will have to leave rudely."

After much deliberation, Michael decided to call for instructions.

Finally, he was forced to agree, but asked Luo Qihong to stop acquiring shares of the Grand Hotel Group.

Luo Qihong said yes, but he would have to wait until the contract was signed before stopping.

He has never been someone to be trifled with. In order to take revenge on the Kadoorie family, he called Su Qishan in front of Michael and asked Su Qishan to raise the purchase price and try to acquire more shares.

Such an order made Michael sigh, but he could do nothing about it.

After all, it was the Kadoorie family who acted unjustly first, and Luo Qihong who resorted to trickery later.

Chinese Estates Holdings Limited.

Luo Qihong and Liu Luanxiong sat on the sofa and chatted about some interesting things.

"Big Liu, you are much more romantic than me. The latest magazines are all about your scandals." Luo Qihong joked with Liu Luanxiong.

In his previous life, Liu Luanxiong was really good at having fun, otherwise he wouldn't have had a kidney transplant.

Although he no longer has Guan Jiahui in his life, Liu Luanxiong's love life is still as wonderful as ever.

Strangely, Bao Yongqin had no opinion on this.

Liu Luanxiong shook his head and laughed, "It's all just a show, not real. Doesn't Luo Sheng do it often?"

This reminded Luo Qihong of another most beautiful woman in Hong Kong - Li Jiaxin, who seemed to be participating in the Miss Hong Kong pageant this year.

Li Jiaxin is indeed very beautiful, but she has a very aggressive personality and she uses her beauty to commit crimes, which not everyone can handle.

Such a woman is even less suitable to be a wealthy wife than Guan Jiahui. She is too likely to do stupid things.

Luo Qihong was a little absent-minded, wondering whether he should get involved with Li Jiaxin?
"Mr. Luo." Liu Luanxiong called in a low voice. Of course, he didn't know what Luo Qihong was thinking.

Luo Qihong smiled and said, "Sorry, I was lost in thought."

"Mr. Luo, you didn't come to visit me today just to chat with me, did you?" Liu Luan smiled.

"Of course not, Big Liu, you should have heard about what happened between me and the Kadoorie family. I want you to do me a favor." Luo Qihong said.

(End of this chapter)