Hong Kong 1980: The Savage Era

Chapter 537 Chapter 539 [Not a Good Person]

Luo Qihong glanced at Bai Jinyan. He remembered that after 95 in his previous life, Asia's economy began to have problems. The bubbles in various regions were burst and they were no longer suitable places for investment.

Therefore, some arrangements must be made this year to gradually withdraw and withdraw investments in Asia. As for the investment in Hong Kong, he will not give up because Hong Kong is the base and cannot be completely abandoned.

"Okay, let's go to the United States. Take out half of the funds and invest in American technology stocks and bank stocks. Keep the remaining half in Asia. You can buy Sony Electronics shares first. At the same time, don't forget to keep a close eye on the Hong Kong market." Luo Qihong thought about it carefully and continued, "Pay attention to the investment in the Thai market. You can start selling some investments, especially real estate."

Bai Jinyan responded, "In the past two years, cities like Bangkok in Thailand have built a large number of office buildings, luxury apartments and hotels, most of which are driven by foreign investment. The economic prosperity is somewhat false, and supply and demand have begun to become unbalanced. We should withdraw."

"Take it slow. Thailand's economy is still at its peak and will not fall off a cliff for the time being. Jianshen, the expansion of Thailand's hotel industry has been suspended. Some non-core hotels can be sold off, but don't make too big moves." Luo Qihong instructed Cheng Jianshen.

In the mid-80s, Siu On Real Estate acquired Thailand's Rama Tower Company. Today, this company has become Siu On Real Estate's flagship company in Thailand. Its main businesses include hotels, insurance, securities investment and a small amount of finance. It is one of Thailand's major listed companies and one of the 46 blue-chip stocks with a market value of more than HK$ billion.

When Luo Qihong's woman went to Thailand to speculate in real estate, it was Rama Tower that arranged the trip, which saved Luo Qihong a lot of energy.

"Yes! I will arrange it as soon as possible." Cheng Jianshen knew that this was the time to prepare to evacuate Thailand.

Singapore Hengan Investment Company Office.

In order to establish its headquarters in Singapore, Hengan Investment Company spent S$1.6 million to buy a commercial building with a floor area of ​​48 square feet on Orchard Road and renamed it Hengan Building.

However, Hengan Investment Company has only a hundred employees, occupying two floors. The remaining floors are mainly rented out. According to the current office rents in Orchard Road, the annual rental income can reach 5 million Singapore dollars.

"Mr. Luo, the government is gradually reducing its stake in Singapore Airlines. I found that many foreign financial groups are very interested in the airline and have begun to acquire its shares." Zhang Wenhe reported.

Singapore Airlines has always been controlled by the government. Even after it went public in 85, the government maintained more than 50% of its shares. The practice of reducing its shareholding now is really strange.

Luo Qihong does not think that the government will give up its control over the airline. Considering the rapid development of Temasek in recent years, perhaps the government wants to change its control method and reduce its fiscal expenditure at the same time.

The aviation industry in many countries is a loss-making industry, but its ancillary industries can bring profits. However, Singapore's aviation industry is poorly managed, perhaps because it does not understand the business philosophy behind it.

Luo Qihong read the information and said earnestly, "It is impossible for the acquisition to succeed, but we can make a lot of money. Just relying on the government's attention to the airline, the stock price will definitely rise sharply."

"Will this offend the Z government?" Zhang Wenhe also meant to profit from it rather than participate in the acquisition war.

Luo Qihong smiled and said, "No, we didn't make the acquisition. We are just promoters and only invest in airlines. Can't we invest in listed companies?"

"Then I will arrange to buy airline stocks now. How much do you think is appropriate?" Zhang Wenhe asked cautiously. This was a big deal and he would not be able to handle it if anything went wrong.

"The more the better. No need to buy secretly, just do it openly. If a reporter interviews you, don't admit that you have an acquisition plan, and don't deny it either, just be ambiguous." Luo Qihong has been involved in so many acquisitions, but he has not been a stock sniper very often.

The targets of his attack now were foreign financial groups and the Singapore government. He felt his blood boiling, as if he had returned to the time when he had acquired Towngas.

"Yes!" Zhang Wenhe then changed the subject. "The acquisition of Tiger Balm Enterprises is progressing quite smoothly. The new company already holds 20% of the shares and is entering a tense stage."

"Don't worry too much about this acquisition. We are just supporting roles, and the Huang Tingfang family is the main character. If we interfere too much, it will cause dissatisfaction among the Huang Tingfang family. However, we can't just leave it alone. We just need to pay attention to it occasionally." Luo Qihong was not very interested in the Tiger and Leopard Enterprise acquisition. Huang Tingfang and his son were not mediocre. Once the acquisition was successful, Luo Qihong would have no way to seize power. It would be better for him to be the second largest shareholder and receive more dividends every year.

"Okay. There is one more thing. F&N Group submitted a document about Australia's CSR company. They want to acquire this company and monopolize one-third of Australia's sugar industry." Zhang Wenhe handed over the document very seriously.

It was the first time that Luo Qihong had heard of this sugar company. Of course, he liked to do monopoly business. It was because of the sugar industry that Robert Kuok became the richest man in Malaysia and was known as the Sugar King. This shows how huge the profits of the sugar industry are.

If we can rely on this CSR company to monopolize one-third of Australia's sugar industry and then radiate to other European and American countries, the profits will be very considerable.

You have to know that white people love to eat sugar, and Australia has a developed planting industry. Southeast Asia is the main producing area of ​​sugarcane. The cost of sugar production is low, and doubling the profit is easy.

CSR was founded in 1855 and monopolized sugar production and sales in Australia, New Zealand and Fiji in the early st century. From the middle of the century, its business expanded into building materials, aluminum and real estate, and sugar industry gradually became less of a focus.

After reading the documents, Luo Qihong was delighted. This company was very good and could open up other markets in Australia for the family. Among them, the building materials industry caught his attention.

This building material includes many fields, such as gypsum board, glass, insulation materials, and roof tiles. The glass industry alone is enough for the group to develop.

"The market value of 22.7 billion Australian dollars is approximately 130 billion Hong Kong dollars. Does F&N Group have such financial reserves?" Luo Qihong asked in a deep voice.

Personally, he still wanted Heng'an Investment Company to be responsible for the acquisition. After all, Li Jiaxin's family was the dominant one in Australia.

Of course, F&N and Yeo Hiap Seng also have considerable investments in Australia, but none of them are monopolistic companies like CSR. CSR has good development prospects and may pose a hidden danger of family infighting.

"The top management of F&N Group meant that Hengan Investment would be the major shareholder and they would be responsible for the operation and at the same time assist them in opening up the Australian food market," said Zhang Wenhe.

Luo Qihong believes that he is not too old, and even if F&N Group manages CSR, it can be handed over to Li Jiaxin's family in the future. The current holding is messy, but there is a lot of room for operation.

"Okay, let's get started. We can take things slowly. We can even combine the family's influence in Australia to divide up CSR company." Luo Qihong immediately set the tone for the acquisition.

"Okay!" Zhang Wenhe said excitedly.

The next day, Hengan Investment Company bought Singapore Airlines shares on the stock market with great fanfare, which caused quite a stir and sparked speculation from the outside world.

Many people believe that Hengan Investment Company wants to acquire Singapore Airlines and enter the aviation industry.

As Hengan Investment Company has been making frequent acquisitions in recent years, the media has done a lot of analysis and the public has some understanding of the situation of Hengan Investment Company, so they have considerable confidence in Hengan Investment Company's acquisition of Singapore Airlines.

Although Zhang Wenhe, general manager of Hengan Investment Company, did not explicitly express his intention to acquire the company, his attitude was extremely ambiguous, indicating that he intended to make a low-key acquisition. As a result, the share price of Singapore Airlines rose by nearly 12% in one day.

Those foreign investors who have already invested and want to acquire the airline, as well as the Singapore government that does not want to lose the airline, are feeling a bit troubled. Luo Qihong is not someone who can be easily dealt with.

(End of this chapter)