Through the wealth life

Chapter 722 Interest Exchange
After a two-day investigation in Singapore, on the night of April 4th, Li Guangyu and Zheng Yutong attended a welcome dinner held for them at a hotel owned by Qiu Teck Puat.

For nearly a year, the Singaporean consortium has cooperated with them in many aspects, allowing the two consortiums to change from the previous hostile and competitive relationship to the direction of cooperation with allies, which has beneficially changed the relationship between the two parties.

A prominent feature of the Singapore consortium headed by Qiu Deba, Guo Fangfeng, Huang Zuyao, Li Chengwei and others is that their ancestral home is Fujian Province, which is also an important link for their consortium, allowing them to unite and cooperate with other Groups compete.

And this consortium is mainly based on the financial industry. The core of their consortium is Khoo Teck Puat's May Bank, Huang Yaozu's Singapore United Overseas Bank, and Li Chengwei's OCBC Bank, which together form their financial flagship.

At the same time, they also take into account the two main industries of real estate and hotels, and also involve some other manufacturing industries.

They are very similar to the Xiangjiang Consortium, but the Xiangjiang Consortium is mainly engaged in the real estate industry, and the financial service industry is also supplemented.So the two of them are actually in competition in many markets.

It's just that the Li's consortium is too strong, which makes the Singapore consortium choose to back down in some places, and exchange some benefits for the cooperation between the two.

At the same time, the Hongkong Consortium and the Lee Consortium have also made some concessions. In their main markets, Singapore, Malaysia and Indonesia, they will not vigorously enter the real estate and hotel business, and will only carry out a small amount of layout in important cities, which will not affect the Singapore consortium in these areas. Benefit.

In the hotel reception room, after Li Guangyu and others came in, Qiu Deba, Guo Fangfeng and others warmly welcomed Li Guangyu and his party.

After sitting down, Guo Fangfeng said: "Mr. Li, the construction of Cathay Pacific's Changi International Airport base is over halfway, and it will be put into use by the end of this year. By then, Cathay Pacific's development will have a qualitative leap. At the same time, we are at Jakarta Airport. The construction of the base is also advancing simultaneously, and it will be put into use at the beginning of next year."

As a cooperation project between the two consortiums, the development of Cathay Pacific Airways, the Singapore consortium attaches great importance to this. Before the acquisition, it is already preparing for this aspect. Once the construction of these two bases is completed, their consortium will The influence of Southeast Asia will be further deepened.

As for another cooperation project, Heung Kong Electric Group, although Guo Lingming is still the chairman of the group, the development there is still in the hands of the Heung Kong consortium, and the Singapore consortium will not intervene too much.

They are very satisfied with the current development of Xiangjiang Electric Group. Although they have invested a lot of money, the market value of the group is constantly rising, and they have already made a lot of profits.

Li Guangyu said: "We are very relieved that Cathay Pacific is managed and planned by you. I believe that Cathay Pacific can regain its glory under your hands. In the future, Cathay Pacific will be one of the top airlines in Asia and even the world."

Qiu Deba and others were very happy to hear Li Guangyu's words, but they knew in their hearts that Cathay Pacific Airline could not be compared with Xiangjiang Airline, and they did not have as much financial resources as the Li's consortium to invest in the airline.

They don't have such big ambitions for the time being. Cathay Pacific is currently mainly focusing on routes to Southeast Asia and routes to the mainland.

Guo Fangfeng said: "Mr. Li, we have cooperated very happily in the past year, and we hope that we can strengthen the cooperation between the two parties in the future. We can jointly invest in some projects, which not only strengthens our strength, but also reduces the risk of one party. .”

Guo Fangfeng is different from the other core members. His main business is the Hong Leong Group, mainly engaged in real estate, shipbuilding, hotels, tires and hardware industries.

This time he hopes to increase the cooperation between the two parties, especially when Bentley Group establishes a production base in Malaysia this time. He hopes to get the supply of truck tires from this base. With this cooperation, his tire manufacturing company will have A steady stream of orders.

Moreover, this time the Lee consortium joined hands with the Hong Kong consortium to invest 40 billion Hong Kong dollars in the construction of Chinatown in Singapore. His cement company also hopes to eat up the cement supply for this project.

As for shipbuilding, he is not looking forward to it for the time being. Now that the major shipping groups in Xiangjiang are looking to sell off their ships, they will not order ships again. This time they ordered four cargo ships from the state-owned shipyard, and more are still considered. political reasons.

Li Guangyu said: "Our industries under the Li family have always hoped to cooperate with all parties to achieve mutual benefit and win-win results. We are also very willing to increase cooperation with your major groups to promote the common development of both of us so that our industries can complement each other and strengthen the competitiveness of our business."

Li Guangyu is naturally aware of some of Guo Fangfeng's industries. Since they came to Singapore to develop, they naturally need to cooperate with local companies in some aspects. The Singapore consortium is currently an ally with them, and it is better to continue to strengthen cooperation with them.

At the same time, Li Guangyu also has a good understanding of Li Chengwei's industry. The previous generation was a rich man in Southeast Asia. After he took over the family business, he maintained the momentum of the family's development. In addition to OCBC Bank, he also owns the Nanyi Group, which is mainly engaged in food processing. Group, this time Li Guangyu will also reach some cooperation with him.

In the future, the products of Nanyi Group can enter the Hengyu Supermarket Group, as long as there are Hengyu Supermarket stores, the products of Nanyi Group can enter these markets.

Of course, the cooperation between Li Guangyu and the Singapore consortium will also help their hotels and financial institutions to gain a firm foothold in Singapore, so that the development of the Li consortium in Southeast Asia will be smoother.

Since both parties have the desire to cooperate, both parties at the dinner tonight were very happy. Both Guo Fangfeng and Li Chengwei got the results they wanted.

The core members of the Singapore consortium are very clear that their strength is still somewhat inferior to the families of the Xiangjiang consortium, but the assets of the Li family consortium are more than the assets of their entire consortium. This time, they can reach further cooperation with the Li family consortium. , which is very good for them.

The Singapore consortium will not forget the mainland market, where the Xiangjiang consortium has more advantages than them, and their friendly cooperation with the Xiangjiang consortium will benefit their future development in the mainland market.

As for the Hongkong consortium's financial and hotel establishment in Singapore, they don't care too much about it. The benefits here are far from what they get from the Li's consortium.

Just the few cooperations reached with Li Guangyu this time can bring huge returns to their consortium.

They also know that the Li's consortium and the Xiangjiang consortium will not lose money. Singapore is the economic center of Southeast Asia and has an important position in the world. Although it is not as good as Xiangjiang in this respect, the financial market here is still huge.

After Li's consortium and Xiangjiang consortium's financial institutions gain a firm foothold here, they will also get rich returns. This cooperation is beneficial to both parties. It is mutually beneficial and win-win cooperation.

In the future, the mainland market will be huge, and neither party will be able to capture such a huge market. Their future cooperation there will allow both parties to obtain more benefits.

(End of this chapter)