We are all reborn, who wants to be the richest man?
Chapter 119: Forward to Temasek
Chapter 119: Forward to Temasek
Peninsula Hotel, since Luo Nianzhong held 30% of the shares of the Grand Hotel Group, Far East Group will choose this hotel when it needs to receive important guests.
It can be said that the two parties have reached a tacit strategic cooperation, but they have not signed a contract. This can be regarded as the hidden value that Luo Niazhong, a shareholder, brings to the Grand Hotel Group.
Luo Nianzhong's investment and interest-free loans allowed the Grand Hotel Group to have a huge capital of more than 36 billion Hong Kong dollars, and history was advanced.
Just a month ago, the old Kadoorie announced an expansion project. A 48-story new wing will be built to the north of the original hotel. There will be a helipad on the roof to facilitate guests traveling to and from close places such as Haojiang.
Moreover, after discussions between Lao Kadoorie and Luo Nianzhong, they decided to build the Peninsula Hotel into a top luxury brand. The hotel group will also create a new hotel brand to create a high-end hotel between high-end and light luxury.
As for the standard five-star hotels at the next lower level, they will be delayed first.
When we came to the Peninsula Hotel again, the staff greeted Luo Nianzhong warmly, and their attitude was different from before.
I can't help but be enthusiastic. I suddenly changed from a guest to a host. How dare you not serve me?
"Luo Sheng, Mr. Li is in the presidential suite. I'll take you there."
Luo Nianzhong and the slender, well-dressed female manager in the lobby nodded her thanks and asked as they walked, "Who is here today?"
The female manager understood that he was asking about members of the Kadoorie family and quickly replied, "Mr. Michael is working in the office."
Luo Nianzhong had an idea in his mind for a moment, but gave up.
If it weren't for today's special guest, Luo Nianzhong would have really wanted the general manager, Michael Kadoorie, to personally come and pick him up as one of the major shareholders.
For no other reason than seeing the other person deflated, he was happy.
Arriving at the door of the presidential suite, the female manager pressed the doorbell for Luo Nianzhong. After a while, the door opened.
The person who opened the door was a man in his thirties, wearing a suit and leather shoes. He should be a secretary or something.
The person who opened the door obviously knew Luo Nianzhong and said enthusiastically, "Hello, Mr. Luo, Mr. Li is waiting for your arrival. Please come in quickly."
"Mr. Li is too polite." After thanking the female manager who led the way, Luo Nianzhong walked in.
As soon as he entered the living room, he saw an old man wearing a white shirt with gray hair already standing up and waiting for him, which made Luo Nianzhong a little flattered.
This is a very contradictory person, or to put it another way, this is a person who can swing left and right for better development.
He adheres to the Western style, but he respects the current person very much.
Contributed a lot to the development of Rabbit and met with all the leaders of Rabbit Start.
Some people say he is open, but he controls the media, prevents foreign media from entering Temasek, and engages in economic alliances and state-owned economies.
He also formulated various rules and regulations, including no chewing gum, no spitting, no littering, etc.
Some people say that he is a dictator, but in his government, the salaries of civil servants are the highest in the world and they have great power.
No matter who violates the law, officials have the right to punish him.
Moreover, he respected talents, created the provident fund system, established the Independent Commission Against Corruption, reformed the education system, and spent all his money on the people.
Diplomatically, he is like a good old man in the workplace. He does not offend anyone and can be friendly with everyone. He always chooses what suits him best and is most beneficial to him.
Later, Temasek had a pro-Western tendency, and that was because of interests.
At Temasek now, Luo Nianzhong feels that he has the ability to make some changes.
Just when Luo Nianzhong was sizing up the old man, Li Laoli stretched out his hand to say hello in advance after sizing him up, "Mr. Luo is really young and prestigious. It's better to meet him than to be famous."
Luo Nianzhong was no longer surprised by such compliments, and replied politely, "Mr. Li is a hero with great wisdom. Under your leadership, Temasek has been prospering and developing rapidly in recent years."
Li Guanglao "I didn't expect that Mr. Luo would think so highly of me."
"Mr. Luo, please don't be polite. Please take a seat."
Luo Nianzhong was not restrained and sat down after thanking him.
"Mr. Luo, you must know the purpose of my coming to Hong Kong Island this time. I don't know what you have in mind."
Luo Nianzhong did not answer in a hurry, but asked an aside, "I heard that Mr. Li is planning to carry out education reform in Temasek? Will the mainstream language be English?"
Lao Li was surprised for a moment and then quickly calmed down.
Although he looked calm on the surface, there was a huge wave in his heart.
Although 70% of Temasek is Chinese, it is indeed a multi-ethnic country, so no matter which official language is chosen, domestic ethnic conflicts will arise.
In addition, there are powerful enemies around this city-state. If you want to develop, you must find a big leg to hold you firmly.
The beautiful country is undoubtedly the best choice now, which is one of the reasons why he wants to set the official language as English.
However, this strategy was only communicated to the top management internally. He did not expect that Luo Nianzhong actually knew about it, which frightened him.
He wondered if someone inside had been bribed to become the spokesperson of the Far East Group.
If this is true, then we should be careful about asking Far East Group to invest in Temasek.
Luo Nianzhong obviously knew that what he just said made Lao Li worried, and explained, "Mr. Li, don't worry, this news is just something we got by chance, and it has nothing to do with your country's officials.
Old Li was half convinced and asked in confusion, "I wonder why Mr. Luo suddenly asked this question?"
Luo Nianzhong behaved very calmly and somewhat forcefully, "This has something to do with whether our group invests in Temasek and how much it invests."
Seeing the puzzled look on the other side, Luo Nianzhong continued, "Our group has begun to implement the localized talent policy and vigorously cultivate Chinese talents from Rabbit, Bay, Hong Kong, Macao and Southeast Asia.
A country that is conducive to our language environment and cultural habits is more conducive to our development."
When Lao Li was talking to Luo Nianzhong, his eyes kept staring at him intelligently, but he didn't see anything.
He did not believe Luo Nianzhong's explanation. He must know that although the current official language of Hong Kong Island is Chinese by MacLehose, there are more upper-class people who can speak English.
Thinking of this, Lao Li suddenly understood, yes, why not follow the example of Hong Kong Island?
Designating Chinese as the official language will definitely cause dissatisfaction from other ethnic groups, but Chinese can be designated as the official language, but classes in English and native Tamil should be opened at every age, and bilingual and multilingual education should be implemented.
But if he wants him to do this, it depends on whether the Far East Group can pay the price.
Although he didn't understand why Luo Nianzhong cared about Temasek's official language, it was enough for him to know that the other party had needs.
"Mr. Luo, the Temasek government does have this idea, but it is not inflexible. You must know that we are making changes in order to attract foreign investment for development."
Luo Nianzhong understood. This was telling him what the Far East Group could do to get Temasek to modify its policies to cooperate with him.
Luo Nianzhong did not answer and asked another question, "I don't know if Temasek Holdings, a wholly-owned state-owned company under the jurisdiction of your country's government, needs financing."
This is the benefit Luo Nianzhong wants most from this meeting.
Temasek Holdings is known as the most mysterious company in the world. Because it is wholly owned by the Temasek government, it has not disclosed specific financial reports.
Let’s talk about how huge this company became later. It can be said that the status of the four major state-owned enterprises in the country is far different from its status in Temasek.
At its peak, the company controlled the world's second-largest port, Temasek Port, and had stakes in ports in multiple countries.
Temasek and Malay media, newspapers, banks, aviation, telecommunications, Southeast Asia's largest real estate company.
It even appears in China Bank, China Construction Bank, Industrial and Commercial Bank of China, CITIC Securities, Ping An, Pacific Insurance, etc. In 14, it even took 24% of Watsons shares.
This is just Asia. It also wants to be active in Europe and the United States, and it can be found in many large world-class companies.
It controls and invests in too many companies and is a true international investment giant.
But in this life, because of Luo Nianzhong, it will definitely not develop as smoothly as in the previous life.
However, as long as it controls some industrial economies in these Southeast Asian countries, it will be a supplement to Luo Nianzhong. Hearing Luo Nianzhong mention Temasek Holdings, Lao Li fell into deep thought.
To be honest, he couldn't accept both of Luo Nianzhong's conditions.
Education involves the stability and future development of Temasek, a multi-ethnic country, and Temasek Holdings is the guarantee of financial measures.
Why did Temasek later have so much money to build people's livelihood enterprises, improve citizens' various benefits, and even provide houses for citizens to live in for free?
It relies on two major state-owned companies, Temasek Holdings and Government Investment Corporation. These two companies are also known as one of the most mysterious companies in the world.
Therefore, accepting Luo Nianzhong's investment and shareholding means that Temasek's economy has been truly penetrated by the Far East Group, which he does not allow.
Playing tricks to shift the focus like a government investment company? This is a bad idea for the country. A good image is the most important thing to attract investment.
Compared with the economy, education is more flexible and easier to accept.
Lao Li felt that the business tycoon in front of him was really insightful and knew everything about him. No wonder he had made such a career at such an age.
"Mr. Luo, Temasek Holdings is a wholly-owned state-owned company, and we have no plans to introduce other investors." Lao Li still declined politely, "We can show more sincerity to Far East Group in terms of policies and resources. I hope Mr. Luo can understand."
Luo Nianzhong will not let go of this piece of fat just because of these few words. Because of the two major backings of Hong Kong Island's policies and the Far East Group, the advantage and initiative in negotiations now clearly lie in Luo Nianzhong's hands.
"Mr. Li, you have to know that our Far East Group can get more of what you said in other countries, such as land."
What Luo Nianzhong said is true, if Far East Group wants to set up branches or build factories in other countries for investment.
Not only the Far East Group, but also the location of the Far East Group's branch offices will definitely be a major factor they consider when building factories overseas around the Far East Group's supporting factories in the future.
Could Temasek not be aware of this situation? If they didn't know, they wouldn't have come to Hong Kong Island to visit Luo Nianzhong.
To put it bluntly, with Far East Group, there is a science and technology industrial park. Just look at the current Wanwan Hsinchu Science and Technology Industrial Park.
Because of Far East Chip's decision to build a factory, many supporting industries have moved in, such as packaging.
Compared with other countries, the city-state Temasek obviously cannot give the Far East Group much in terms of land.
The advantage in talent cannot be reflected now.
As for policies, as long as the Far East Group makes its announcement, I believe many countries are willing to take measures that are the same as, or even better than, Temasek’s.
Lao Li also knew in his heart that Luo Nianzhong's threats were indeed correct and true.
Before coming, he thought about various concessions on policies to attract investment from the Far East Group.
But I didn't expect that Luo Nianzhongken didn't care about the policies and preferential measures he provided. He didn't even ask, and he directly fell in love with Temasek's own daughter and wanted to marry her by force.
Do you agree? My daughter may not be so close to me in the future.
Don't agree. He just took the money to the next village for development and construction. He doesn't care about what your village will be like in the future. This will make him face the villagers in the future.
Luo Nianzhong knew that this old man was always interested in profit, so he added fuel to the fire.
"How about $30 billion?"
This offer made Lao Li, who was still thinking, look up at Luo Nianzhong. He wanted to know if Luo Nianzhong was lying to him.
What is the concept of an investment of 30 billion US dollars? This will be a huge investment 30 years later, let alone now.
Temasek's GDP last year was only US$120 billion. If Far East Group really invests US$30 billion, it is expected to drive peripheral industries worth at least US$200 billion.
It will be effective immediately within a few years, without counting the influence of industrial upgrading and other hidden values.
However, Lao Li was not dazzled by the US$30 billion and asked calmly, "How many years and specific investment projects?"
"In ten years, Far East Group and its holding companies have invested a total of no less than US$30 billion in Temasek.
Of course, according to my estimate, this time may not take 10 years at all, and the total investment will definitely be more than 30 billion US dollars.
Specific projects are mainly focused on technology semiconductors and port business."
In the 80s, the island country's economy officially began to take off. Temasek controlled the transit station on the Asia-Europe route, and prosperity and development were inevitable.
For port construction, more than half of the US$30 billion investment will be used.
After the island nation declines, the rabbit economy takes off and becomes the world's factory. At that time, Temasek's port business will only become more prosperous.
Luo Nianzhong can, on the one hand, take a stake in Temasek Holdings, and on the other hand, let the Far East Port Management Company cooperate with them to jointly establish a port and terminal container company.
This will be the second largest port in the world after the Port of Magic in the future. Owning it will undoubtedly make Luo Nianzhong one step closer to becoming a port tycoon.
Luo Nianzhong's conditions were still too tempting, and Lao Li made a compromise.
"20%, that's the bottom line."
Luo Nianzhong was very happy when he heard this number. Originally, his goal was only to get 10%, but he didn't expect there would be an unexpected surprise.
But it is understandable. The current Temasek Holdings is not the giant that it was later. If it is given too little, Luo Nienzhong will not agree.
My heart was filled with joy, and there was a trace of hesitation on my face, as if I was at a disadvantage.
"Okay, I agreed. But if Temasek Holdings raises funds again, Far East Group has priority."
Luo Nianzhong was afraid that after he made this move, Temasek Holdings would deviate from the track and become a listed company.
"Don't worry, this won't happen again."
Finally, the two parties discussed it and reached a rough agreement.
Temasek recognizes the dual languages of English and Chinese as national languages and conducts multilingual education.
Compared with later suppressing the Chinese language, Luo Nianzhong could only do this. This was considered sacrificing his own interests for the country.
He didn't know that it was his condition that prevented the Chinese people at Temasek from weakening their affection for rabbits, and also prevented Temasek from completely turning to the beautiful country.
Far East Group acquired a 12% stake in Temasek Holdings for US$20 billion, which was not included in the US$30 billion invested in Temasek.
Each holding company under the Far East Group must invest no less than US$30 billion in Temasek in the next ten years.
The Temasek government will actively cooperate with the implementation of various investments and provide various policies.
However, if Far East Group fails to complete the investment agreement amount, Temasek officials will have the right to confiscate 20% of its Temasek Holdings shares.
This supplement is mainly because Lao Li is afraid that the various industries of Lao Li Group will be affected by changes in the global economic situation, and is unable to make such a large investment.
It also reflects how tense the international situation is now and how pessimistic the global economy is.
The last point is that more than half of Far East's investment must be invested in the technology semiconductor industry, and Far East Chip needs to build a factory in Temasek.
After the general framework was agreed upon, Lao Li declined Luo Nianzhong's invitation and hurried back to China.
He wants to organize personnel to welcome the Far East Group's representative team, negotiate the details, and implement this matter as soon as possible.
I'm not allowed to write my name. Isn't that okay if I change my name?
(End of this chapter)
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