Hong Kong 1980: The Savage Era

Chapter 530 532 [Finally Started] (Seeking Monthly Tickets)

Huang Yaozu is a shrewd banker who is quite aware of finance. He may not care much about medicine. After all, medicine cannot make money faster than real estate and finance during their boom periods.

The real estate industry is even more cyclical, but now is the development period of Singapore's real estate industry. Even though Huang Ting Fang is one of the major real estate developers in Singapore, he cannot withstand the Haw Par Center shopping mall in Orchard Road and the Jurong Industrial Park next to Orchard Road. These properties can be regarded as heirlooms, even if Huang Ting Fang is a landlord in Orchard Road.

Luo Qihong was drooling at the sight of such high-quality real estate, but Huang Tingfang said he didn't value it, so he sneered.

“The Yeo Hiap Seng Group acquired by Luo Sheng is still the best. Whether it is property and land assets or food industry, they are all top-notch and have a bright future,” said Huang Zhixiang with shining eyes.

Not to mention the large tracts of land and properties owned by Yeo Hiap Seng Group in Hong Kong and Singapore, its beverages such as soy milk have a good market share in Hong Kong. Even now, 20 years later, as long as the products are modified to suit the tastes of young people, they will still be best-selling beverages in Asia.

"Hawk Par Corporation has its advantages, and Yeoh Hiap Seng also has his own characteristics. They cannot be compared. As your father said, the pharmaceutical industry is the biggest advantage of Hawk Par Corporation. Huang Zuoyao does not know the value of it." Luo Qihong smiled slightly.

In his heart, he was thinking, 'When I take over the Frasers Group, you will be even more shocked.'

According to Luo Qihong's investigation report, after the two groups' land development was completed, the property rental collection would surpass that of Dehe Real Estate Company.

You know, the current market value of Dehe Real Estate Company is already 2000 billion Hong Kong dollars. At its peak in 97, it was worth 3000 billion without any problem.

"The market value of the company that Luo Sheng wants to acquire should not be lower than that of Tiger and Leopard Enterprise, right?" Huang Tingfang probed like an old fox.

Luo Qihong said indifferently, "Almost the same. In fact, I envy Mr. Huang very much. He has over 10 billion assets in Singapore and Hong Kong."

The two of them kept bragging, sometimes asking some serious questions, which gave Huang Zhixiang next to them a feeling of verbal battle.

Yeo Hiap Seng Group offices.

The decoration here is similar to Luo Qihong's office in Hong Kong, which makes it convenient for Luo Qihong to work.

Yeo Hiap Seng Group has been privatized by Hengan Investment Company, which currently holds 88% of the shares of Yeo Hiap Seng Group and has absolute controlling rights.

Yeo Hiap Seng Group's assets are worth more than HK$300 billion, including land in Hong Kong.

On the grounds that Yeo Hiap Seng Group needed funds for development, Lo Chi-hung had sold all of his factory land in Hong Kong to Tak Hop Properties, cashing in HK$120 billion.

Of course the Yang Jinglian family opposed it, but unfortunately it was ineffective. However, Luo Qihong also agreed to the Yang family's proposal to share HK$100 billion in dividends. After all, he would personally receive HK$88 billion in cash flow.

According to this calculation, Dehe Real Estate Company only needs to pay HK$32 billion to obtain factory land worth more than HK$150 billion.

According to the architect's estimate, these plots of land can be used to build a floor area of ​​nearly 500 million square feet, with a value of more than HK$300 billion, which means that Luo Qihong can make a profit of tens of billions of Hong Kong dollars and have a shopping mall of 60 square feet.

"When running a business we cannot rest on our laurels. We must be vigilant at all times and adapt our company's products to the development of the times. We must cater to the young people's market. There are many different flavors of milk tea in Hong Kong. We can completely produce our own bottled milk tea and milk products," Luo Qihong warned the senior executives in a serious manner.

"Yes! We have already sent people out to investigate the market, and will improve our products based on the dietary characteristics of each country." President Guo Puhuai said respectfully.

"How's the development of the functional beverage we talked about last time going?" Luo Qihong asked.

Functional beverages are a new field and occupy a huge market, so it is possible to make a fortune in the future.

"There are some clues, but it will take some time." Vice President Han Bin replied. Luo Qihong thought for a while and said, "I heard that a functional beverage appeared in Thailand. You can go to Thailand to learn from them. If it doesn't work, you can consider acquiring the company or buying the secret recipe."

"We have the distribution rights for Pepsi-Cola in our hands. We must make good use of this opportunity to open up the beverage markets in various countries, especially the Chinese mainland market. This is the most important thing for us."

This huge market of nearly 10 billion people is larger than the entire Southeast Asia. Once it captures it with the help of PepsiCo, it will be difficult for Yeo Hiap Seng Group not to become a Fortune 500 multinational company.

"Once the funds are in place, we will immediately use Hong Kong as a springboard to enter the Chinese market. We plan to have the group's beverages occupy the coastal city markets in China within three years," said Vice President Chen Haicheng.

"Well, how is the factory relocation plan progressing?" Luo Qihong continued to ask.

"We have already discussed with the Malaysian side and have secured the land for the new factory. However, the construction of the factory building and other facilities will take another year, and the overall relocation will also take another half a year. It is expected to be completed by 96," said Guo Puhuai.

"Okay! Complete all relocation work before 96." Luo Qihong nodded.

We will strive to complete the construction of the science park and open it for business before the 21st century, and recruit half of the companies to move in, so that the Yeo Hiap Seng Group will have a stable income.

Late May.

Hengan Investment Company finally acquired 23.1% of the shares of F&N Group, which is only 3.3% less than the largest shareholder, and became the second largest shareholder of F&N Group.

Seeing that the shareholding was almost complete, Luo Qihong immediately went to meet with Guo Lingcan. However, Guo Lingcan did not dare to agree to Luo Qihong on his own, so he could only ask Guo Lingming, the person in charge of the Urban Development Company, to come out for discussion.

"Hello, Mr. Luo! How did you know that I was buying shares of F&N Group?" Guo Lingming asked with a smile.

Hearing this, Luo Qihong was slightly relieved. Guo Lingming did not discover that Heng'an Investment Company was secretly absorbing stocks, so the negotiations were a bit hasty, and the situation was in his favor.

“Because I already hold 25% of the shares of F&N Group, and my staff discovered long ago that your company had commissioned a securities company to secretly absorb the shares.” Luo Qihong smiled.

Guo Lingming frowned. He knew what Luo Qihong meant. The project of City Development to acquire F&N Group had failed. Although he was unwilling to accept this, the only option now was to maximize the benefits.

"Mr. Luo, let's be business-like. Please forgive me if I say anything unpleasant later." Guo Lingming remembered Guo Lingcan's instructions.

"Mr. Guo, please speak! Your brother and I are friends and I won't be angry." Luo Qihong still smiled.

"The Kuok family has been in charge of the F&N Group for many years. What right does Mr. Luo have to fight against them? They have the OCBC Bank behind them, which is one of the three largest banks in Singapore." Kuok Leng Ming said mercilessly.

"How to fight is my business. Mr. Guo doesn't need to worry about it." Luo Qihong didn't want to answer this question. Those who knew knew it, and those who didn't know wouldn't believe it.

"Mr. Guo, please tell me what conditions you want and I will try my best to meet them," Luo Qihong added.

Guo Lingming was a little unhappy, but he also felt that what Luo Qihong said made sense. "What if I say I want to run the F&L Group together with Mr. Luo?"

Luo Qihong raised his lips and smiled. "Your brother has been doing business in Hong Kong for many years. He knows my strength and my character. I am a domineering person. I am sorry that it is difficult for me to do what Mr. Guo asked."

(End of this chapter)