I lost my vegetative state, and I became the richest man in the world

Chapter 233 Yang Ming Wants to Acquire and Hold Xiangjiang Water Company!
Federal Building.

Imperial Group Chairman's Office.

Lin Dezhong had already driven back to the Mid-Levels Villa in Repulse Bay, and Yang Ming had to go back to the Empire Group now.

"Lin Xiuzhi, go and call Meris."

"Yes, boss."

Meris is busy in the general manager's office next door.

In the morning, he knew that the boss came to the Imperial Group in a hurry, and after distributing the stock information, he left again.

For more than half a month, he has also been conscientious, taking care of the affairs of the empire group for Yang Ming.

Originally, when the boss came back yesterday, he should have reported the situation of the company for the past half month to the boss.

Meris came to the chairman's office.

"boss."

"Meris, do you know what I have gained in the past half month in China?"

reward?

Merris didn't know what the boss had gained in the country.

He just heard that the boss actually sent a big gift to the country, donating [-] million Hong Kong dollars to the country every year in the name of the Ming Yang Foundation as a national student fund.

This time Yang Ming really returned home with a lot of rewards in the Mainland.

In addition to the invaluable calligraphy and paintings and collectibles.

There are also properties bought in Yanjing.

Merris may not quite understand why the boss invested in these.

This is not what Yang Ming wants to say now.

"Just now I went to the Governor's Mansion to meet with Mr. Meris. This time it is about the acquisition of the Xiangjiang Water Supply Company."

Acquisition of Xiangjiang Water Company?
"Boss, you want to buy Xiangjiang Water Company?"

"Yes, Xiangjiang Water Company may not bring me much profit, but it will play a very important role in my layout and development in Xiangjiang."

"Boss, Xiangjiang tap water is a public welfare undertaking, and it really can't bring much profit. On the contrary, it needs to keep investing."

Compared with Xiangjiang tap water, Merris is more optimistic about Xiangjiang power market.

"There are many reasons involved in this. You will know in the future. Now I asked you to do it. Among them, I sent someone to discuss with the Governor's House Water Supplies Department to acquire all the shares of the Water Supplies Department in Xiangjiang Water Supply Company. I talked with the Governor, Mr. McLehose , Mai Lihao has agreed. In addition, I will let Tang Yun, the person in charge of the Yanjing office, contact the relevant person in charge of Yanjing about further domestic water supply to Xiangjiang. After Yanjing has no problems , I think you will send people to Guangdong Province and the water supply company in Guangdong Province to negotiate, including increasing the amount of water supply, as well as the price of tap water, and related contracts.”

This time, Meris was a little surprised.

He originally thought that the boss was simply buying the Xiangjiang Water Supply Company.

Unexpectedly, he planned to increase the water supply in the country. If that was the case, Xiangjiang Water Company, even if the price was restricted, would still be able to bring a certain amount of wealth to the Imperial Group basically without much change.

"Boss, I understand."

"You arrange someone to do this well first. There are still important things to discuss tonight. However, you will meet me at the Mid-Levels Villa in Repulse Bay."

"Yes, boss."

Meris also went back first.

For Yang Ming, he is the chairman of the Imperial Group, he decides the main decisions, and the people who implement them are people like Meris.

. . .

Meris returned to the general manager's office.

First, I made a few phone calls and asked my subordinates to bring over relevant information about Xiangjiang tap water.

Before Merris buys a company, he must first understand the relevant information.

Such as the acquisition of Li TV Station, the acquisition of properties in the Lan Kwai Fong area, and the acquisition of shares in the current Xiangjiang Water Supply Company.

Xiangjiang Water Supply Company is not a listed company. In addition to the largest shareholder, the Water Supplies Department of the Governor's Mansion of Xiangjiang, there are other large and small shareholders.

Now, Meris wanted to find out.

Judging from the information collected by the subordinates about the Xiangjiang Water Supply Company.

In recent years, the Hong Kong Water Supplies Department has invested heavily. Apart from the Xiangjiang Water Company's own income, most of them also rely on financial subsidies.

There is still a lot of investment in pipelines and maintenance, reservoirs, etc.

The Water Supplies Department of the Governor of Xiangjiang holds more than 51% of the shares of Xiangjiang Water Supply Company, and the rest are shareholders such as British capital and Chinese capital, which are basically a few percent.

Because the water company is not a listed company and its profits are not high, the market value evaluation of Xiangjiang Water Company is not too high.

At present, the market value of Xiangjiang Electric Company is 30 billion Hong Kong dollars, and the market value of CLP Power is 20 billion Hong Kong dollars.

So now the market value of Xiangjiang Water Company is up to 10 billion Hong Kong dollars.

Xiangjiang Water Company still monopolizes all tap water in Xiangjiang, including fresh water and salt water.

It is because Xiangjiang tap water is a public welfare public utility. In addition to the fact that the water price has not increased for many years, a large number of staff costs, pipeline and maintenance costs have to be spent.

Heung Kong Electric Company and CLP Power respectively monopolize the electricity on Hong Kong Island, Kowloon and the New Territories.

These two companies can increase the price of electricity according to market conditions, and their entry will increase the company's profits year by year.

Historically, after Li Jiacheng acquired Heung Kong Electric, Heung Kong Electric also brought many stable dividends to Li Jiacheng year by year. It is these large sums of money that flow into major markets around the world, making Li Jiacheng more and more wealthy.

Xiangjiang Water Company?
Why does the boss look at it?
Yang Ming didn't talk to him too much, and Meris always felt that the boss's layout must be different.

After Malisi carefully read all the information of Xiangjiang Water Company, the more he read it, the more he was surprised, and the more he read, the more he felt that Xiangjiang Water Company is still very promising.

Before get off work that day.

Let his subordinate team of ten people temporarily form a team to acquire the Xiangjiang Water Supply Company.

These teams will negotiate the acquisition on behalf of the Imperial Group and the Water Supplies Department of the Xiangjiang Governor's Mansion.

Regarding the total market value of Xiangjiang Water Supply Company, it is necessary for both parties to negotiate until they are satisfied.

This may take some time.

Originally, Mai Lisi personally led the team to discuss with the Water Supplies Department of Xiangjiang Governor's Mansion, and the boss also said that there is an important matter to discuss at the Mid-Levels Villa in Repulse Bay tonight.

. . .

17:30 in the afternoon.

Yang Ming, Mailis, Lin Xiuzhi, and Tang Shilian got off from the Empire Group, got into the car, and took a Rolls Royce to the Repulse Bay Mid-Levels Villa.

while on the road.

Meris said: "Boss, according to the information I found about Xiangjiang Water Company in the afternoon, Xiangjiang Water Company is actually very promising. Now Xiangjiang Water Company is not listed, but according to the valuation, annual income, and annual profit, it is also very promising. About 10 billion Hong Kong dollars in market value."

Yang Ming is very clear, in fact, water is very profitable.

Historically, there was one richest man in China who was related to water.

"Boss, I have temporarily organized a ten-member acquisition team to hold secret talks with the Xiangjiang Water Supplies Department, and there should be results in the next few days."

Yang Ming and the governor, Mr. McLehose, have already negotiated.

McLehose also agreed to sell the Xiangjiang Water Supply Company to the Imperial Group, and then the people from the Water Supplies Department will talk to the Imperial Group.

Basically, if the price is negotiated, there will be no other problems.

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(End of this chapter)