Hollywood starts with an agent

Chapter 677 is getting more and more tempting.
"Is Dai-Ichi Kangyo Bank, Fuji Bank, and Industrial Bank of Japan going to form Mizuho Financial Holdings through a share swap?"

"If these three companies were to merge, Mizuho Financial Holdings would become the world's largest financial group by assets!"

"It's really interesting. Large financial groups in the United States are also merging, and Japan has started as well."

"Oh, the Furama Hotel and Mandarin Oriental Hotel in Hong Kong are for sale. Go and make contact; if the price is right, take them!"

Furama Hotel and Mandarin Oriental Hotel are both long-established hotels located in Central. The former belongs to Lai Sun Development Group, while the latter belongs to Jardine Matheson's Hongkong Land Group.
Having just experienced the Asian financial crisis, Hong Kong's real estate industry is on a downward trend, especially Lai Sun Development, which is burdened with high debt.

That night, in a suite at the Lisboa Hotel, Aaron and Edgar Irwin were on the phone. "Whatever," Aaron said, "I'll be coming to Hong Kong in a couple of days. Both hotels are in excellent locations; even if they're demolished, new Grade A office buildings can be built."

"By the way, how's the Berkshire Hathaway stock I asked you to acquire coming along?"

"Oh, 40000 shares cost $22 billion, that's $55000 per share on average, okay!"

After hanging up the phone, Aaron went to the window and admired the night view of Macau.

After taking a shower, Li Zhi came out wearing a sexy off-white silk nightgown. "Aaron, what brings you to Macau all of a sudden?"

“Ha,” Aaron put his arm around the other person and casually pointed, “Of course it’s about entering the gambling industry in Macau. In a few years, my casino hotel resort will be here.”

"is it?"

“Hmm, but it’ll be a few years,” Aaron pulled the woman into his arms and kissed her. “You’re getting more and more alluring!”

"How do you like it?"

“Of course,” Aaron reached into the woman’s pajamas and caressed her soft skin. “You didn’t run into any problems in Hong Kong, did you? Do you have enough money?”

“Hmm,” Li Zhi grunted, “That’s enough, and there’s also work arranged by Media Asia, so there won’t be any problems in Hong Kong.”

Lai Chi's family wasn't well-off, but ever since she met Aaron Anderson, she's never lacked money. He even gifted her a villa in Kowloon Tong!
As Aaron felt the tenderness in his arms, he said, "Let's spend two days in Macau first, and then go back to Hong Kong."

“Yes, that’s perfect. I starred in a movie that’s about to be released,” Li Zhi said, her breathing quickening. “I also need to go back to Hong Kong for promotional activities!”

Soon, the two of them got to the bed...

Aaron was too lazy to put any effort into the Macau gaming industry before the gambling licenses were successfully auctioned off; that was definitely something Sheldon Adelson would handle.

Aaron was responsible for providing the funding behind the scenes, enabling him to compete with other gambling tycoons around the world.

In 1997, at the peak of Hong Kong's real estate market, Lai Sun Development, a real estate conglomerate, spent a huge sum of money to acquire the Furama Hotel in China at a premium.

With the outbreak of the Asian financial crisis, the Hong Kong real estate market bubble burst, and Lai Sun Development was burdened with high debt. The sale of the Furama Hotel was also to reduce the debt!

"What a spendthrift! Haha, now America has Edgar Bronfman Jr., and Hong Kong has Peter Lam."

In their Repulse Bay villa in Hong Kong, Aaron and Edgar Irving sat on the sofa in the living room.

"However, there are competitors, such as Singapore's Baiteng Group and the American insurance and financial institution AIG (American International Group); "AIG wants to acquire the Furama Hotel, then demolish it and build its own Asian headquarters, while Baiteng Group is a real estate investment!"

Hearing Edgar Irwin's explanation, Aaron wasn't surprised. "Lixin Development is short of money right now. What is Baiteng Group? How can it compete with me?"

"As for AIG, cooperation is possible. The Furama Hotel opened in the 1970s and is long overdue for major renovations. In fact, I also agree with demolishing it and building a new high-end office building."

"Just sign a lease agreement with AIG, how much will it cost approximately?"

Edgar Irwin thought for a moment, “Based on the current market conditions, the Furama Hotel is valued at no more than HK$25 billion.”

Aaron shook his head. "Ha, three years ago, Peter Lam acquired the Furama Hotel for a total price of HK$69 billion, didn't he?"

At the time, Hong Kong's real estate market was booming, and this guy made a purchase at a premium. Even though everyone else thought he had overpaid, he felt he had made the right decision.
However, the Furama Hotel is located at 1 Connaught Road Central, Central, Hong Kong, a prime location!

Edgar Irwin cautioned, "Richwood Development's intention now is to sell most of its shares in Furama Hotels, while they also want to retain a minority stake."

Aaron waved his hand, "Lai Sun Development is desperately short of cash right now. You go directly to negotiate; Haihua Real Estate is willing to acquire it for cash."

"I can pay a higher price. I want the complete Furama Hotel, and I want them to continue operating it until the new project is redeveloped!"

Once the acquisition is complete, the demolition of the Furama Hotel will only take a year or two, so Aaron doesn't care.

Edgar Irving nodded. "Understood."

Aaron then asked, "Then what about the Mandarin Oriental Hotel, which is under Jardine Matheson? Why are they selling the Mandarin Oriental, Hong Kong?"

The Mandarin Oriental, Hong Kong is their flagship hotel!
Edgar Irving shrugged. "The Mandarin Oriental is going to enter the American market, and this year the Mandarin Oriental Hotel Group acquired the Italian Rafael Hotels Group and renovated the Mandarin Oriental in Hyde Park, London."

"Currently, they are preparing for the Mandarin Oriental New York Hotel. It is normal for them to want to introduce capital and sell some of their shares in the Hong Kong flagship store."

Aaron leaned back on the sofa, tapping his knee with his fingers, seemingly unintentionally. "The Jardine Matheson group, haven't they all fled to England? Are they worried about Hong Kong and the mainland?"

"But I intend to develop the real estate industry in mainland China, including the hotel industry. The Mandarin Oriental brand is quite good!"

As he spoke, Aaron looked at Edgar Irving and asked, "Do you think it's possible that Henry Keswick might sell the Mandarin Oriental Hotel Group?"

Edgar Irving's eyes widened. "Aaron, you want to acquire the Mandarin Oriental Hotel Group?"

Aaron shrugged. "Isn't acquiring the Mandarin Oriental Hotel quite normal? As the economy develops, the value of high-end hotels will only increase."

"Furthermore, I am very optimistic about the future of China's real estate market!"

Edgar Irving considered for a moment, "The Mandarin Oriental Hotel Group is an important asset of Jardine Matheson, and the Keswick family values ​​it quite a bit."

"Although the Asian real estate market is sluggish after the financial crisis, it will still take some effort to acquire the Mandarin Oriental Hotel Group."

(End of this chapter)