Hong Kong 1980: The Savage Era

Chapter 461 [Waterloo? ]

An estate in suburban Sydney.

This is an industry owned by the Benda International Group, which has both villa leisure facilities and vast grape plantations.

The scenery here is very nice and it is not far from the city, only 45 minutes drive.

Luo Qihong stood in front of the huge floor-to-ceiling window, looking at the girls playing happily on the tennis court. He couldn't help feeling a little excited. There were also a few white girls among them.

It's not that he doesn't like white people, but he feels that women of the same skin color better meet his aesthetic standards.

There were two people sitting at the table behind, Pang Yalun and Zhang Yuliang.

They were preparing for the second round of negotiations. Even though Luo Qihong and Zhang Yuliang were already confident of victory, they still had to eliminate the potential threat of Pang Yalun.

"Mr. Pang, to be honest, you have no choice. If Mr. Zhang and I can't get what we want, what's the point of launching a takeover war? The current plan is in your favor. Benda International has only lost the mining company, and its other assets are not damaged." Luo Qihong drank the last sip of red wine.

The plan mentioned is that Luo Qihong splits up the mining company, Benda International will be retained, Pang Yalun will still be the boss of Benda International in name, and the actual boss will be Zhang Yuliang.

Penta International will become the new generation of 'Wheelock' and Zhang Yuliang will also recreate his Zhang family in Hong Kong.

In fact, there are huge differences between Australia and Hong Kong, but Zhang Yuliang seems not to notice it, or doesn't care.

Of course, this has nothing to do with Luo Qihong.

Pang Yalun gnashed his teeth in hatred, but there was nothing he could do about it. It was all his fault that his investment had failed and there was a huge flaw, which gave outsiders an opportunity to take advantage.

But he still wanted to fight for it. "Mr. Zhang, Mr. Luo, I know you just want to make a profit. How about this? I will provide you with a profit of HK$10 billion, which will be distributed to you over three years in exchange for you letting go? How about that?"

"Mr. Pang, do you think we are the ones who need 10 billion Hong Kong dollars?" Zhang Yuliang sneered, "If Mr. Pang said 10 billion US dollars, I would be a little interested."

Upon hearing this, Pang Yalun frowned. One billion US dollars is one-third of the market value of the entire Benda International. How could he possibly earn that in three years?

"Does Zhang Sheng have to be so aggressive?"

Luo Qihong spoke again at this time, "Zhang Sheng, I have said long ago that this date is meaningless. Pang Sheng will not give in, even if he has apparently lost."

"The foreign shareholders of Benda International are a good choice. Like John Madden, they are more in line with your requirements. There is no need to waste your breath here. I have an appointment, so I'm leaving first."

Luo Qihong didn't want to stay any longer. He had no relationship with the two people in front of him when he was in Hong Kong, and now the benefits he was supposed to get were already set in stone.

Moreover, Zhang Yuliang's ideas are somewhat weird, or even superstitious. He is quite obsessed with his past achievements and wants to do it again, as if this will make it easy to reach his previous state.

Luo Qihong doesn't really believe in rigid models. He only believes that a place has unique survival rules that cannot be imitated by another place.

Seeing this, Zhang Yuliang had no choice but to stand up and prepare to leave.

"Wait. Okay, I agree with your plan, but I require a reduction in Benda International's shareholding. The current shareholding is highly concentrated, which does not comply with current regulations for listed companies." Pang Yalun was immediately discouraged and sat in the chair somewhat listlessly.

"Okay, then let's discuss the issue of equity holding." Zhang Yuliang and Luo Qihong looked at each other and both agreed to this suggestion.

"You need to reduce your holdings to no more than 40%, and my shareholding will be reduced to 25%. How about this plan?" Pang Yalun took out the final plan. Zhang Yuliang nodded, "No problem, then follow the plan Pang Sheng said."

"You, Mr. Pang, are still the chairman of the board and general manager of Benda International Group. Mr. Luo and I are just shareholders. However, all the real estate companies of Benda International are under my management. The head office cannot interfere easily, and the final decision-making power is in my hands."

The corner of Pang Yalun's mouth twitched, and he nodded awkwardly, "Okay."

In fact, such a plan at least allowed Pang Yalun to retain many industries, and the two pillar industries were divided up. He secretly made up his mind that he would definitely take back Benda International.

Luo Qihong, however, doesn't like to play these overt and covert tricks. He likes to grasp practical things and doesn't like too many potential threats.

He just wants to get attention. He is very popular in Hong Kong, so having one more Australian is not a problem.

On the second day, the three parties signed an agreement. Luo Qihong still retained 6.6% of the shares of Benda International Group, and Zhang Yuliang held 33.4% of the shares, becoming the largest shareholder.

It was announced to the public that the acquisition war was over, and nothing else was said.

After Luo Qihong finished handling the acquisition of the mining company, he also flew back to Hong Kong.

What Luo Qihong did not expect was that the wind of acquiring Benda International blew to Hong Kong. Some media said that Luo Qihong encountered the biggest Waterloo in his life and suffered an unprecedented failure in Australia.

He smiled and told the reporter, "I am not a god, I am a human being. It is normal to fail."

"So Luo Sheng is still planning to continue his march into Australia?"

Luo Qihong glanced at the dense crowd and the airport security guards who were maintaining order. "Yes, not only Australia, Europe and America are all in my investment plan."

"Does this mean that you, Luo Sheng, are not optimistic about Hong Kong's future or that you want to transfer assets?"

The reporter's words became even more sharp.

But Luo Qihong still kept smiling. "You can check. A lot of my money came from investments in the international market. Although I made my first fortune in Hong Kong, I no longer need to use that money, so there is no such thing as transferring assets."

"The market in Hong Kong is very good and I think it has great prospects. My family's base is still in Hong Kong and this will not change."

"Then how do you explain Zhaoan Real Estate Company's investment in overseas markets?"

"So what this reporter means is that Hong Kong companies are not allowed to invest overseas? Once they invest overseas, will it be immediately considered as transferring assets? I think Hong Kong citizens are not so narrow-minded. Hong Kong is a free market. Foreign capital can come in. Our Hong Kong capital should also go out and show the world the style of Hong Kong people, instead of staying in this small piece of land."

The reporter who was scolded by Luo Qihong had a ruddy face, and her fellow reporters looked at her with some contempt, as if to ask why she asked such a stupid question? Did she think she was one of those uneducated rich people?
Luo Qihong stood and answered reporters' questions for a full half hour. Later, he felt that it was too long, so he could only smile and leave the airport under the escort of his bodyguards.

The topic of asset transfer has always been around, and it has been quite hot and of concern to citizens.

They all believe that the money earned in Hong Kong should be spent in Hong Kong, and don't even think about taking a penny away, otherwise it would be transferring assets.

In fact, all the money that Luo Qihong earned overseas was remitted into his account in Hong Kong. For example, Dehe Real Estate Company was supported by profits from the international market.

The money earned in Hong Kong only accounts for half of the total assets, and much of the money invested overseas is earned from overseas. At the same time, the investment made in the name of the family does not have much to do with listed companies, but citizens should not care about these.

(End of this chapter)