MTL - Rebirth of Hong Kong 1981-Chapter 984 Big Liu hits a wall
Chapter 984 Big Liu Hits a Wall
After eating, Yang Chen began to listen to Lan Meiren's work report.
Every day, Yang Chen spends about an hour to understand the situation of his company. Every other week, he will hold a meeting in the secretary's office to arrange the general development of his group company.
Yang Chen has maintained this habit for several years now. With the secretarial office assisting in the management of the Yang Consortium, he can not only easily grasp the development of the Yang Consortium, but also arrange some things in advance.
After reporting her work, Lan Meiren suddenly thought of something, so she said, "Boss, the latest results are already available at the Hong Kong Hotel."
"Oh?" Yang Chen moved his hand, "What's the result?"
Lan Meiren said: "As you expected, boss".
Yang Chen smiled and said, "Tell me about the specific experience."
"The Kadoorie family, through other shareholders of the Heungkong Hotel, expelled Boss Lin, the chairman of Lai Sun Group, and Boss Liu, of China Real Estate, from the board of directors of the Heungkong Hotel, and then sucked in a large amount of the hotel's shares in the market.
At the same time, Mr. Mi Gao of Kadoorie personally found Mr. Weili, another major shareholder of China Real Estate, and released rumors that the two sought control of China Real Estate. After hearing the news, Mr. Liu, who is known as a sniper in the stock market, immediately heard the news. Withdrew from the acquisition war.
Lixin Group's boss Lin was unable to support himself, and also withdrew from the acquisition station. Now the Kadoorie family has become the actual controller and major shareholder of Heung Kong Hotel through the stock acquired from the market. "
Heung Kong Hotel was founded in 1866. Its assets include the famous Peninsula Hotel, Kowloon Hotel, Repulse Bay Park, Peak Tram and St. John's Building in Central District.
Heung Kong Hotel has always been managed and managed by the Kadoorie family. Since the Kadoorie family tends to be conservative in management, the stock performance of Heung Kong Hotel has been sluggish for a long time, which is similar to that before Li Chaoren acquired Hutchison Whampoa. The stock market value is significantly lower than the net asset value.
Although the Kadoorie family has always held the right to operate the hotel, it only holds 12% of the Hong Kong Hotel. The major shareholder of the Hong Kong Hotel has always been owned by the Chinese businessman Liang Zhonghao's family, which holds 10% of the hotel. Thirty shares.
It’s just that the two families have long-term tacit cooperation. The Kadoorie family is in charge of the company’s hotel business, and the Liang family is in charge of the hotel real estate business, so the two have been at peace on the board of directors.
However, at the beginning of this year, the Liang family wanted to withdraw from the hotel industry, so they sold their 30% stake in the hotel to China Entertainment, a subsidiary of Fan Liu, and Lixin Development, a subsidiary of wealthy businessman Lin Baixin.
China Entertainment holds about 20% of the shares, and Lai Sun Development Company holds the remaining 10%. After Fan Liu obtained the shares of the hotel, he joined hands with Lin Baixin to meet with Michael Kadoorie, the chairman of the hotel, and asked to join the board of directors. , and then seek control of the Hong Kong Hotel.
However, the wishful thinking of the two fell through and was directly rejected by Mi Gao.
If he could not enter the board of directors, he would not be able to gain control of the hotel, so Liu Lin and his family together attacked the Kadoorie family at the general meeting of shareholders of the Hong Kong Hotel in May.
However, it is a pity.
Michael was elected with a narrow majority by virtue of the influence of the Kadoorie family, but in the end, the Liu Lin family refused to go out.
So far, the unconvinced Liu Lin family has officially joined forces, and the Kadoorie family, who has always been low-key, has completely clashed. The battle has been going on from May until now, and it took several months before the results were determined.
To say that Hong Kong is still up to the British, the Kadoorie family, relying on their personal connections, complained to the Hong Kong Acquisition and Merger Committee that Liu Lin and the two were “actors in concert”. The hotel shares exceed 35%, so the next step is to propose a comprehensive acquisition to the Hong Kong Hotel at the highest price in the past six months.
The Hong Kong Hotel itself is a giant company with a market value of more than 10 billion. The three companies have already raised their stock prices in order to acquire stocks from the market. They want to fully acquire the entire Hong Kong Hotel, not to mention the two Liu Lin, that is, someone else. Searching the whole Xiangjiang, except for Boss Yang, no one can do this.
Legally, Liu Lin teamed up to face many obstacles, and it was no longer possible to increase his stake in the hotel.
In addition, the Kadoorie family is also quite ruthless. If they don't make a move, they will go to Da Liu's seven inches to say hello, and directly attack the Chinese real estate, so that Da Liu immediately raises the white flag and surrenders.
After Lan Meiren finished speaking, she couldn't help but despise: "Before, the media still boasted about how powerful that fan salesman was, so he was about to be compared with your boss. Now, looking at that person, he is as timid as a mouse. I don't even accompany the boss to carry shoes."
"I'm a little timid." After hearing this, Yang Chen echoed with a smile.
Thinking of how Da Liu has always followed the path of his previous life in the past few years, and since he acquired Chinese Property in one fell swoop last year, he has become even more maddened.
I never thought about it, now I was slapped hard by Kadoorie, and I don't know if I was awakened by this slap. According to the development of Da Liu in the previous life, after that blow, Da Liu seems to have restrained a lot in the business world. I love to go out and mess with flowers.
"Boss, don't you want Xiangjiang Hotel?"
"Yes, why not?"
Lan Meiren said: "But now that the hotel is back in the hands of the Kadoorie family, are they willing to sell it to us?"
Yang Chen didn't take it seriously and said, "If they don't sell it, then we'll grab it. In fact, your boss, I'm more interested in Chunghwa Electric Power than in the Hong Kong Heung Kong Hotel. If they don't agree, then it's better. There's an excuse to do it."
When Lan Meiren heard this, she couldn't help but wonder: "Boss, didn't you say that the Kadoorie family is difficult to deal with? You also said that the turtle shell is not easy to move."
Yang Chen nodded and said: "It's not easy to move, but they reached out to the high-tech industrial park, and they want Chunghwa Electric Power Company to provide electricity there."
"Some people always think that your boss, I am young and easy to bully. They think I won't care if I put a paw in, but they forget that your boss, I am a very careful person."
To be honest, if he hadn’t considered the impact, he really wanted to acquire Chunghwa Electric Power Company, and then unify the power supply market of Heung Kong.
Don't look at the fact that the Kadoorie family used only two tricks to scare Da Liu away, and incidentally taught Da Liu a lesson, but this kind of thing has to be divided up. Hong Kong dollar, and this is only the market value, not the asset, maybe after this stock market crash, the value of the stock has shrunk by half.
The reason why Yang Chen said that the Kadoorie family is not easy to deal with is mainly because the other party has a very wide influence in the British capital circle, and has a solid foundation. The Kadoorie family has always been stable and steady, although it is not developing fast, it definitely belongs to the turtle level, and it is very tough. .
Anyone who thinks about it, if the strength cannot crush the opponent, he must collapse two big die.
Da Liu is now the best example. . .
——
(end of this chapter)
