Years: Salted fish life since going to the countryside.

Chapter 1752 The Grand Duke of the Cinema Building

Chapter 1752 The Grand Duke of the Cinema Building
The first thing Anita Koch mentioned was news about Shaw Brothers cinemas.

Not long after the Spring Festival, Shaw's nephew approached Anita Koch again.

This story begins last year when many Hong Kong residents were pessimistic about the future of the city. At that time, some wealthy people had the idea of ​​selling their properties and immigrating abroad.

Some members of Shaw Brothers shared similar ideas, but their preferred option for selling assets was the film industry, which had not been very profitable in recent years.

However, because the situation in Southeast Asia, Taiwan, and mainland China was more stable than in Hong Kong, Shaw Brothers decided to sell only the cinemas in Hong Kong.

However, Shaw Brothers only had 16 cinemas in Hong Kong. When Han Li received this information from Anita Koch, he said that the number was too small to be worth the investment. In reality, he was not rich at the time.

So Anita Koch relayed a message to Shaw Brothers' nephew, saying that the investors were dissatisfied with the small number of cinemas and that they would consider it if they could help increase the number of cinemas acquired.

Since the Sino-British talks on September 24 last year, the number of people in Hong Kong who want to emigrate has increased significantly.

From that day on, there were so many people waiting in front of the immigration office to submit their documents and receive immigration approval.

Some busybodies did a rough calculation and found that on the day the queue in front of the Immigration Agency was the longest, the line stretched for five or six miles, like a snake coiled around the ground.

While members of the Shaw family don't have to queue up like ordinary people to immigrate, it's not easy for them to sell their assets.

Shaw Brothers' increased investment in TVB and reduced investment in the film industry in recent years have caused Shaw Brothers films to lose their former luster.

In addition, most wealthy people and middle-class families in Hong Kong are thinking about emigrating, and wealthy people in many areas around Hong Kong are not optimistic about the future development of the area.

Therefore, it was difficult for Shaw Brothers to find a new owner with a reasonable price and willingness to take over its cinema chains at this time, given the pessimistic outlook of the public.

Therefore, the news that Anita Koch's financial backers disliked the lack of cinemas naturally became one of the few options Shaw Brothers currently had.

Shaw Brothers has been the leading force in the Hong Kong film industry for many years. If you were to ask them to negotiate with Golden Harvest or Golden Princess, two giants whose cinema chains have been no less powerful than Shaw Brothers in recent years.

Shaw Brothers couldn't bring themselves to do it, and the other party wouldn't give them that same courtesy either; it might even damage Shaw Brothers' reputation.

However, Shaw Brothers still held considerable influence over the scattered cinema alliances in Hong Kong, or even the owners of only one or two cinemas.

Given the current situation in Hong Kong, Shaw Brothers was very confident in persuading those people to sell their cinemas.

Taking advantage of the Lunar New Year, some of the family leaders were doing this.

The matter is progressing as smoothly as Shaw Brothers had anticipated; so far, they have reached agreements with the owners of seven cinemas.

Shaw Brothers cinemas own 16 cinemas, plus 7 more cinemas in the scattered cinema alliance, for a total of 23 cinemas.

If Han Li were to acquire all of these cinemas, he would immediately become the top cinema chain in Hong Kong.

The second-ranked chain is Jiahe Cinemas, which has 19 cinemas, and the third-ranked chain is Golden Princess Cinemas, which has 18 cinemas.

As for those scattered cinema alliances, after Shaw Brothers took the lead in selling off a batch of them.

The remaining cinemas won't amount to much. Even if they're acquired by Golden Harvest or Golden Princess, it'll be difficult to affect the top cinema chain. As for Han Li's mention of the permanent ownership of Shaw Brothers' entire film library, in this era of very vague copyright awareness and a lack of understanding of the commercial value of original works...

Shaw Brothers didn't take it seriously at all; they treated the ownership of their film library as a bonus in this theater deal.

After several negotiations with the Shaw Brothers' nephew, Anita Koch negotiated a price of HK$140 million for the 23 cinemas, including the Shaw Brothers cinema chain.

It's worth noting that Shaw Brothers' nephew previously offered 160 million for just 16 cinemas, and Anita Koch offered a "interested" price of around 70 million.

The number of cinemas has now increased to 23, but the price is only 140 million.

However, according to Anita Koch, the price of 140 million can be negotiated down.

However, she hasn't been able to contact Han Li recently and doesn't know what her sugar daddy is thinking. Fearing that he might change his mind, she hasn't dared to lower the price any further for the time being.

Regarding the cinema chain, Han Li's reply to Anita Koch was that he wanted to acquire these 23 cinemas, but he wanted to continue to push the price down.

The second thing Anita Koch mentioned was that Han Li asked her to find a shady drug dealer and discuss the purchase of the Lianbang Building.

Anita Koch also received this news after the Lunar New Year. Although the unscrupulous drug dealer expressed interest in selling the Lianbang Building, the asking price was HK$780 million.

The amount of money was too large, and Han Li hadn't even given her a rough estimate of the acquisition price, which made it impossible for Anita Koch to continue the negotiations.

Han Li knew that in the mid-to-late 1980s, Li Mou Xiong had acquired the 26-story Wantong Building in Central for more than 400 million Hong Kong dollars.

After collecting rent for two or three decades, Li Mou-xiong sold the property to Mr. Xu, the owner of a well-known song and dance troupe, for HK$125 billion in 015.

According to this news, the Lianbang Building owned by the unscrupulous drug dealer is not worth 780 million yuan at all, even though its location is more advantageous than the Wantong Building.

So Han Li told Anita Koch to try to lower the price as much as possible, but he didn't tell her his own expected purchase price.

The third thing Anita Koch mentioned was Han Li's commission of the High T Brothers law firm to acquire Tai Sui worldwide.

Neither the people at the T Brothers law firm in charge of this matter nor Anita Koch knew about the different types of Tai Sui, and Han Li wouldn't bother to provide them with any information about it.

After more than a year of effort, GaoT Brothers Law Firm acquired a number of Tai Sui (a type of rare fungus). Because storing these Tai Sui had to be done according to Han Li's requirements, the storage and guarding fees would require a large amount of money.

Therefore, these Tai Sui (a type of rare fungus) have been shipped to Hong Kong from all over the world some time ago.

Neither the people at the T Brothers law firm in charge of this matter nor Anita Koch knew about the different types of Tai Sui, and Han Li wouldn't bother to provide them with any information about it.

Han Li only knew the approximate arrival time of this batch of Tai Sui, but he didn't know what kinds of Tai Sui there were, or whether these Tai Sui had been used before.

After hanging up with Anita Koch, Han Li thought about the unscrupulous drug dealer.

So he made his next call to Kennan Spencer of World Law Firm to find out the current status of the Nationality Building that the other party had been in contact with.
(End of this chapter)

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