People in Hong Kong create super chaebols

Chapter 98 1000 Sales!

At ten o'clock in the morning on July 7, Su Cheng met Lin Xiufeng at the Bainingshun Group Building.

"Mr. Su, please sit down. I have admired your name for a long time. When I see you today, you are indeed young and promising!" Lin Xiufeng said with emotion.

It’s incredible to think that someone in his early 20s takes control of the former British-owned bank Hutchison Whampoa.

At this time, the place where the two of them were was the office of the chairman of Bai Ningshun Group.

Bai Ning Shun Group is a listed company basically controlled by the Lin family.

"Mr. Lin is just kidding. I'm just lucky." Su Cheng sat on the sofa and said with a smile.

Lin Xiufeng sat across from Su Cheng and said directly, "I wonder what Mr. Su wants from me, Lin?"

"Since Mr. Lin asked directly, let me tell you directly. It's like this. I heard that Jiashi TV Station, controlled by the Lin family, is having a hard time right now?" Su Cheng said directly.

"Who in Hong Kong doesn't know this? Why would Mr. Su mock me knowingly? The Xiangjiang government doesn't want me to control Jiayi TV. It has investigated Jiashi over and over again. Now I no longer have any confidence in Jiashi."

Although Lin Xiufeng didn't know why Su Cheng asked him about Jiashi, he still told the truth because it was something everyone knew and there was no need to lie about it.

"If I want to buy Jiayi TV, how much can Mr. Lin pay for it?" Su Cheng asked directly.

"Mr. Su wants to buy Jiayi TV Station? Why?" Lin Xiufeng thought he heard wrongly.

You know, who knows the predicament of Jiayi TV Station?If you still want to take over Jiayi TV at this time, isn't it just a big fish?

Su Cheng looks like a fool?Lin Xiufeng didn't think so.

This is a man who can take Hutchison Whampoa as his own without any hesitation.

Although he is young, who dares to underestimate him?
It’s impossible for Taipan, the first Chinese man in Hong Kong’s major British-owned bank, not to be able to see the specific situation of Jiashi.

So, there must be a reason.

"I heard that Jiayi TV has never made a profit since its establishment. Instead, it has been burning money, right?" Su Cheng asked.

"Well, I might as well say it bluntly. It has never been profitable. It has been able to support it until now only because of my continuous capital injection. At the beginning of July, I still had high hopes for it. Unfortunately, even if I burned through the money invested this time, it still has no results. , so I have no hope in Jiayi TV. If Mr. Su wants to buy Jiayi, I can give you a preferential price and let you take over." Lin Xiufeng said directly.

In fact, the main reason why Lin Xiufeng was disappointed with Jiashi was that the Hong Kong Government had been obstructing the Lin family's control of Jiashi. He only gave up on Jiashi completely when he found that continuing to invest in Jiashi had no development significance.

He knew that it was too easy for a business tycoon like Su Cheng to investigate the specific situation of a company.

So even if he lies and exaggerates the performance of Jiayi TV, it is useless and completely unnecessary.

"In fact, there is no reason why I want to buy Jiashi. It is because there are only three TV licenses in Hong Kong at present. If I buy TVB and Li's TV stations, the price will definitely be high. After all, they are both developing very well, but they will only burn money." Only Jiashi’s price is low, so I chose to come and chat with Mr. Lin to see what price Mr. Lin can offer. If the price is right, I will buy Jiashi. If it is not suitable, I can only buy it from TVB I have chosen one of the two TV stations, Heli TV." Su Cheng said with a smile.

"Isn't Mr. Su afraid of the shortcomings of educational programs?" Lin Xiufeng still couldn't figure it out. Anyone with a discerning eye can see that Jiashi will not be able to make a profit unless it solves the problem of broadcasting educational programs every day.

"To be honest, the TV station is just a gadget to me. So what if I lose money every month?" Su Cheng said flatly, as if losing a small amount of money didn't count.

When Lin Xiufeng thought about the net worth of the man opposite him, he understood that for this big boss with a net worth of tens of billions, the TV station's loss of one to several hundred thousand Hong Kong dollars every month was really nothing.

This may not be as much as other people's pocket money.

It’s so irritating that people are so different from each other!Lin Xiufeng was very emotional.

At this time, he was also confused about how much he would sell Jiashi for if he sold it to Su City.

Jiashi's "July Offensive" has been considered a complete failure, and Lin Xiufeng has completely given up the illusion that Jiashi can rise.

Since 1976, the Lam family has invested a total of 5000 to [-] million Hong Kong dollars.It was impossible to get his money back, but he was not willing to lose too much.

Originally, he planned to give up on Jiashi completely and apply for bankruptcy liquidation directly after Jiashi spent all the money.

Unexpectedly, now there is an opportunity for him to get back some capital, and he must seize it.

But, how much is good?

"Mr. Su, I'll make a call first to discuss it with the family, and I'll talk to you later." Lin Xiufeng thought for a while and finally said.

He is not the only one who has the final say in the Lin family. This matter must be discussed with the family members.

Moreover, he cannot be the only one to take the blame.

"Okay, I'll wait for you." Su Cheng smiled.

So, Lin Xiufeng left the office directly and went to the office next door to make a call.

After all, he couldn't invite Su Cheng out of the sofa and make a phone call in the office.

Or if he beat him in front of Su Cheng, wouldn't it mean that Su Cheng had heard all the bottom line of the Lin family?
After about ten minutes, Lin Xiufeng finally came back.

"Mr. Su, after I have discussed with several key figures in the Lin family, if you give 2000 million Hong Kong dollars, we will immediately transfer all the equity to you, and I will also help you with the equity of other shareholders." Lin Xiufeng said directly as soon as he entered the door.

"Mr. Lin, you are too loud. Is Jiashi worth HK$2000 million?" Su Cheng said speechlessly.

He had no intention of paying so much money to buy Jiashi. If he really wanted to pay this price, he would not buy it at this time. Instead, he would wait until Jiashi went bankrupt and then take over Jiashi through Governor Mailiho's relationship.

After all, after Jiashi goes bankrupt, the Hong Kong High Court will appoint a bankruptcy administrator as the provisional liquidator to take over Jiashi's assets.

When the time comes, it won't be difficult to win Jiashi, but he will just owe MacLeho a favor.

Su Cheng would not owe Mailihao a favor easily unless he had to.

"Mr. Su, our family's employees invested nearly 5000 million Hong Kong dollars in Jiashi, and selling it for 2000 million only brought back less than half of the capital. This is not a big deal." Lin Xiufeng shook his head and said.

"There is no guarantee of profit or loss in business, and it is normal to lose money. This has nothing to do with the current value of Jiashi. There is no need for Mr. Lin to bring this up. If it is 2000 million, I am not interested in Jiashi. It seems that if you come to visit Mr. Lin today, it will be difficult to get a satisfactory answer." Su Cheng sighed.

"Mr. Su, don't worry. Businesses are negotiated. Once both parties agree, the deal can be concluded. So how much is Mr. Su willing to pay?" Lin Xiufeng said hurriedly.

2000 million Hong Kong dollars is naturally not their bottom line. After all, they did not expect Jiashi to get back some of their capital.

"I'm not a difficult person to talk to. Let's do this. I'll buy 1000% of Jiashi's shares for 100 million Hong Kong dollars, and you'll have to deal with the other shareholders. If Mr. Lin agrees, we'll close the deal. Otherwise, I'll have to choose another one." Nothing else." Su Cheng said very directly.

In a word, for 1000 million Hong Kong dollars, if you agree, the deal is done, if you don't agree, it's over.

"Now that Mr. Su has reached this point, I won't dwell on the price anymore, so let's make the deal at this price!" Lin Xiufeng finally agreed.

Because it won’t work if he doesn’t agree. Apart from Su Cheng, it is absolutely impossible for Jiashi to find another successor.

If Su Cheng really doesn’t want Jiashi anymore, then Jiashi will really have no choice but to fall into his own hands.

"Then, happy cooperation!" Su Cheng said with a smile.

"It's a pleasure to cooperate." Lin Xiufeng sighed helplessly.

Although I am a little reluctant, I still have to face reality.

(End of this chapter)