We are all reborn, who wants to be the richest man?
Chapter 105 Luo Family Group
Chapter 105 Luo Family Group
February 2rd, 3 days until the New Year.
The New Year atmosphere can be seen everywhere on the streets. Various New Year products and snacks in shopping malls are lined up on the shelves, and housewives are everywhere buying New Year goods.
Just when people were immersed in the joy of the New Year, Yunhua Investment suddenly announced that it had acquired more than 30% of Hong Kong Electric's shares, becoming its largest shareholder, and requested a board meeting.
This news made the chairman of Hong Kong Electric look livid and smashed a lot of things in his office.
"fxxk, shit, who betrayed us? Those sons of bitches, they say they share the same hatred on the surface, but secretly they escaped first."
Don't blame him for being so angry, the situation now is different from a few days ago.
Luo Nianzhong has already obtained more than 30% of the shares. In addition, there is a traitor on the board of directors. Now it is hard to say whether the original directors of Hong Kong Electric hold more shares than Luo Nianzhong.
In fact, he didn't know that most of the shares held by Luo Nianzhong belonged to the Guo family and the Zheng family, and less than 5% actually came from the directors of HK Electric.
This is also because Hong Kong Electric, like Qingzhou Yingni, does not have a real controller. After a hundred years of development, the equity is dispersed, and the number of directors alone has reached 19.
They all have their own interests, so it would be strange if they could work together as one. Historically, Land also used this to successfully win over Hong Kong Electric.
If the board of directors hadn't agreed to have a group visit last time, we wouldn't be running like this now.
These people basically don't have much assets in Hong Kong. There is nothing wrong with selling stocks when the price is right. Are they talking about business?
Wesley is not afraid of Luo Nianzhong's 30% stake. He is worried that once the news is opened, people will disperse.
The smashing and cursing in the office made people outside become more cautious, and the frightening noise was so loud that people inside wanted to be invisible.
But the more you are afraid of something, the more you get.
"Ring, ring, ring," the phone rang. When the secretary answered the call, he found that it was the front desk, and then his face turned bad.
Putting down the phone, he came to Wesley's office door, took a deep breath, and knocked on the door.
"who". The voice inside asked almost in a roar.
The startled secretary still opened the door and said, "Mr. Weasley, Luo Sheng is here and said he wanted to visit you. He is downstairs."
Wesley, who originally had a bad look on his face, was stunned when he heard Luo Nianzhong's arrival. Then he calmed down and said, "Bring Mr. Luo to the conference room and ask someone to clean up the office."
"OK".
After agreeing, the secretary turned around and left as if running for his life, not wanting to stay any longer.
In the conference room of Hong Kong Island, Wesley met the young man who stood at the top of Hong Kong Island at a young age.
People on Hong Kong Island say that Far East Group is the only world-class enterprise on Hong Kong Island, and its glory has become the symbol of Hong Kong Island and the pride of Hong Kong people.
You may not know who the Governor of Hong Kong is, but you must know the glory.
Like all foreigners from Hong Kong, Wesley also has a Chinese name, Levi.
"Hello, Luo Sheng. My dear, Wesley, you can also call me Levi."
Wesley kept his stance very low. He had no choice but to do so. Form was stronger than people. The internal alliance was obviously no longer reliable. He had to think about himself and his family.
"Hello Mr. Weasley, nice to meet you".
Seeing the secretary bringing coffee, Luo Nianzhong thanked him with a smile.
"Mr. Wesley, you should know the purpose of my coming here today. I hope that both parties can resolve the Hong Kong Electric issue amicably. After all, you also know that once I control Hong Kong Electric from the open market, then your share of the shares will probably be lost." It’s not worth what it is now.”
Of course Wesley knows this. Once Luo Nianzhong controls HK Electric, these people who are unwilling to cooperate will definitely be his first target of suppression.
However, Wesley also knew that as Luo Nianzhong held more and more shares, it would be more difficult for him to acquire it.
Even though Hong Kong Electric has a large number of outstanding shares, no one knows how many shares there are like Guo Henian and Shark Tong.
After all, as one of the two major power companies on Hong Kong Island, Hong Kong Electric is definitely unable to lose money. It is just a matter of making more or less.
Many people will use HK Electric's shares as a bargaining chip. The reason is, of course, value preservation and inheritance.
For Luo Nianzhong's next acquisition, if the price is not raised again, it will not be easy to control Hong Kong Electric, otherwise he will not come to see him.
"Luo Sheng, can't we really coexist?" Wesley wanted to understand and wanted to fight for it.
"Can".
Luo Nianzhong's words made Wesley look at Luo Nianzhong in surprise, but he was destined to be disappointed next.
"I welcome everyone to join me in building and developing Hong Kong Electric, but only if they are willing to invest funds from their pockets like me."
Luo Nianzhong's words made Wesley smile bitterly. He knew these current directors of Hong Kong Electric very well.
They just regard Hong Kong Electric as a money bag. If the electricity produced by Hong Kong Electric cannot satisfy Hong Kong Island, and they do not want to let China Electric Power come in, they will not even spend money to build new power stations.
There are definitely people who are willing to take money to develop, but they are definitely in the minority.
If you don't pay dividends and use profits for development, is it possible to let these people take out the money? Stop dreaming. "Can I know what Lawson's plans are after he takes over HK Electric?"
Luo Nianzhong frowned, and Wesley also knew that he was a bit presumptuous, "Luo Sheng, don't get me wrong, I want to know if I am qualified to be a member of Roche Harbor Lighting.
Luo Sheng may not know that from the day our family became the majority shareholder of HK Electric, we put all our efforts into HK Electric.
I don’t want to be the one who loses HK Electric, although I lose the controlling stake, I hope to be involved.”
Seeing Wesley showing his true feelings, Luo Nian thought about Chris's evaluation of him.
He has strong management skills and good affinity, but his overall view is slightly poor.
If there is someone with a big picture to guide him, he can manage and develop a company very well.
This is a general, not a handsome man.
There is no problem in taking over the throne, but don’t expect him to be able to do it by himself.
Luo Nianzhong was not familiar with the electric power industry, but he could find people who were familiar with the industry to manage it.
If there is such a person, he is definitely intentional about his future plans, and there is no need for him to dominate the country. He can't be the commander even if he wants to.
After thinking for a while, Luo Nianzhong told Wesley all about his plan. Wesley didn't close his mouth for a long time. He was really frightened by Luo Nianzhong's plan.
After the surprise, there was excitement. If it were as described by Luo Nianzhong, even though he could only become a small shareholder, neither wealth nor influence would be the same as it is now.
Of course, agreeing to Wesley's participation was not without cost. He needed to help Luo Nianzhong figure out which shareholders and directors of Hong Kong Electric.
Two days later, Yunhua Investment announced that it had reached an agreement with HK Electric. Yunhua Investment had successfully acquired HK Electric, accounting for 48% of the shares. The Wesley family increased its stake in HK Electric to 17%.
Luo Nianzhong knew that the Wesley family had made a desperate move. Excluding Hong Kong Electric's assets, their family's wealth in other industries was probably less than 100 million yuan.
Just when the people of Hong Kong felt that Luo Nianzhong was showing his domineering power, he once again won British-owned industries and greatly boosted the morale of Chinese-owned enterprises.
The new moves of Hong Kong Electric and Yunhua Investment have made Hong Kong Island excited.
Hong Kong Electric and China Electric Power announced a merger suspension. The new company, China Power Electric Group, has the following shareholdings.
The Kadoorie family holds 23%, Yunhua Investment holds 24.7%, and the Wesley family holds 8.8%. The new company will invest large sums of money to develop the Southeast Asian market with the goal of becoming a world-class power group.
But these are all things that will happen later. The merger of the two companies in a short period of time will take some time.
The new group will be fully managed by the Kadoorie family, with the Wesley family as deputy. This is also the agreement between Luo Nianzhong and the old Kadoorie.
In the last generation, the Kadoorie family developed Hong Kong Electric into a world-class power company. Luo Nianzhong believed that with his blessing, the group would become even stronger, so he was confident to hand over the management of the new group to the Kadoorie Group.
In addition to entering the power industry, Luo Nianzhong's biggest reason for acquiring HK Electric is that Far East Group is a semiconductor group.
Needless to say, the electricity consumption in this industry was huge. He didn’t want to end up using love to generate electricity due to electricity problems in the future.
Old Kadoorie also saw that Luo Nianzhong wanted to bind capable companies or families to his own chariot, and planned to use this to form a large consortium centered on the Luo family.
Regardless of whether this matter is successful or not, for now, it will be beneficial to the Kadoorie family, and he has no reason to object.
In addition to the merger of power companies, Yunhua Investment has also invested in the Hong Kong Island Magic Hotel Group. The current hotel group only has two hotels, the Peninsula Hong Kong Hotel and the Peninsula Manila Hotel.
Luo Nianzhong’s investment in the hotel is aimed at making The Peninsula Hotel quickly become a world-class top hotel brand.
15 billion Hong Kong dollars to obtain 30% of the shares of the Grand Hotel Group, and loan 20 billion Hong Kong dollars to the Grand Hotel Group without interest for a period of 10 years.
Don't think it's expensive, this brand is worth the price.
Compared with the top hotel brand Peninsula Hotel, those five-star hotels can be said to be worth mentioning now. This is the first choice for the real rich people.
The Peninsula Hotel has been rated as one of the top ten well-known hotels in the world. It is the first choice for political dignitaries and top businessmen, and has the title of the noble lady of the Far East.
Historically, in 04, the asset valuation of the large hotel group with only six hotels reached 180 billion, and it could contribute hundreds of millions and billions of Hong Kong dollars in profits every year.
This is an asset with a low return rate and a long return cycle. Why do so many wealthy people and family offices prefer the high-end hotel industry?
The first is education and inheritance.
For a family, education is particularly important. Education not only includes academic education, but also life and cultural education.
Top-notch, historic hotels have the functions of living, culture and education, and can also pass on family wealth well.
Then there is the cultivation of quality of life. As Luo's population increases and branches in the future, it is impossible for everyone to have a lot of money to buy a house in every city like Luo Nianzhong.
The family hotel facilitates this and helps them connect with other entrepreneurs.
The addition of Yunhua Investment has reduced the Kadoorie family's shareholding to 38%, making it still the largest shareholder of the Grand Hotel Group.
In the future, the Kadoorie family will make every effort to develop the power industry and the hotel industry, opening up and expanding territory for the Law Group in these two industries.
(End of this chapter)
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