Hong Kong Movies: The Boss's Global Empire

Chapter 210: One is Lu Wendong’s abundant funds

Judging from the prime land and properties that Swire Properties holds, it can definitely overcome the difficulties.

As a result,

I can sit firmly on the throne of the head of the Jardine Matheson Department,

The Keswick family's interests in the Jardine Matheson Group will also be protected! "Boss."

Li Huanggua said anxiously, "I heard that Hong Kong Land and HK Electric both announced a trading halt. What happened?" Simon shrugged, "Dear Li, you know this is a commercial secret. I can't disclose it."

Li Huanggua's heart suddenly sank: "Big boss."

He said with difficulty: "If you are interested in selling Hong Kong Electric, I hope you can sell it to me." "It's too late!"

Simon was disdainful in his heart,

Why did you say it after the contract was signed?

Why didn't you talk to yourself before?

He had heard his cousin talk about Li Huanggua, saying that this person had a dull personality.

Always like to use some Jiang Taigong fishing tricks!

He just wanted people to come to him to cooperate, so that he could maximize his profits!

dream!

Ximen said calmly, "The contract has been signed. The penalty is three times the purchase price."

Li Huanggua's eyes turned black.

His body almost collapsed.

Don't be fooled by Cheung Kong's dominance in Hong Kong Island.

Actually,

Supporting the foundation of Cheung Kong,

It was Hutchison Whampoa that he acquired in the past! After acquiring Hutchison Whampoa,

Cheung Kong not only acquired the terminal as a cash cow,

They also acquired a large amount of high-quality land from Hutchison Whampoa, which enabled them to rise rapidly in the real estate market!

Why does Li Huanggua covet Hong Kong Electric?

In addition to HK Electric's stable profitability,

The main reason is that HK Electric owns a large amount of land!

You have to remember that when HK Electric was first established, Hong Kong Island was just beginning to develop!

The franchise rights of HK Electric are located in Hong Kong Island, and he holds a considerable amount of land.

And the locations are quite good. For example,

Causeway Bay, North Point and other places have old power plants and dormitories of Hong Kong Electric. Once these are demolished,

You can build a building! You can earn hundreds of millions at least.

As many as a billion!

This money is like falling from the sky!

How could Li Huanggua not be envious? And how could he not be heartbroken?

Li Huanggua trembled: "Boss, I wonder who is so lucky?" "You know, this is also a business secret."

Ximen said leisurely, "But he's already preparing for the press conference, so I might as well tell you." "Lu Wendong!"

HK Electric is a public utility.

The change of ownership can't be as quiet as it was with Wheelock and Overseas Trust Bank; there has to be a press conference to officially announce it!

A large number of reporters gathered in front of the Causeway Bay Food Angel.

Fluorescent lights flicker!

Lu Wendong was talking to himself on the podium. Everyone could see that he was very excited!

"Everyone, I am very honored to announce a good news to you."

"Just now, I, Lu Wendong, in my personal name, acquired approximately 4.54 million shares of HK Electric from Hong Kong Land at a price of HK$6.4 per share, accounting for approximately 34.6% of HK Electric's issued shares. The capital involved is HK$29.05 billion."

"The entire acquisition has been completed! The funds have been paid." Hong Kong Electric is a public utility.

When it was first established,

Its stocks have already been circulating in the market.

I always have a share of HK Electric in my hand. So,

Although Lu Wendong's shares do not account for 51%! However,

It is the absolute majority shareholder.

The rights that can be exercised are no different from those of absolute control. It is very simple.

No one can gather so many retail investors to fight against Lu Wendong. Of course,

Lu Wendong would not leave any hidden dangers for himself.

He would soon take action on this.

The audience erupted in excitement: "Mr. Lu, you acquired HK Electric from Hong Kong Land?" "Yes."

Lu Wendong nodded with a smile, in the future,

The reason why Li Huanggua was able to become Asia's superman was because of two companies.

Hutchison Whampoa, HK Electric! Now,

This thigh is taken by myself!

Lu Wendong's eyes were full of ambition: "From now on, I am already the largest shareholder of Hong Kong Electric!" Lu is a calm person.

He rarely shows his joy to others, but at this moment he smiled repeatedly.

If the acquisition of Peninsula Hotel represents success,

Then the acquisition of HK Electric means that the foundation of Mr. Lu's kingdom has been laid! Its most important significance is that

There is a company that will continuously provide Lu Wendong with cash flow.

Currently, it may only be 3 to 4 million per year, but this number will continue to increase!

In the Hong Kong Island area,

HK Electric can bring Lu Wendong a stable cash flow of over a billion every year!

As long as he holds on to his shares, the Lu family will remain undefeated!

Lu Wendong spoke eloquently, "I have always studied high-cap companies like HK Electric." "Now I am lucky to have Hong Kong Island under my wing."

"it's here."

Lu Wendong looked at the reporters in front of him with a sharp gaze: "I solemnly promise to the general public that HK Electric is a long-term public service." "It will unwaveringly take root in Hong Kong Island, serve Hong Kong Island, and contribute to Hong Kong's economic development!"

In Cheung Kong's office,

Li Huanggua, who was watching TV, angrily swept away the decorations on the table: "It's mine!" Hong Kong Electric!

Cash cow!

It's gone just like that! Li Huanggua's mind was secretly moved.

This Lu Wendong is doing mergers and acquisitions everywhere.

The technique is exactly the same as Chen Songqing's. Aren't you afraid of getting too full?

quickly,

Lu Wendong's speech appeared in various media and newspapers, especially Tiantian Daily.

It even used a large page to single out Lu Wendong's acquisition of Hong Kong Electric, and generously gave a series of praises.

What national hero?

To boost the morale of the Chinese people and to destroy the prestige of the foreigners.

The Chinese in Hong Kong, who had been ruled by British colonists for a century, were now proud of themselves. Mr. Lu is indeed a descendant of the dragon and the pride of Chinese businessmen around the world.

It has greatly inspired and enhanced the Chinese people’s national confidence and self-esteem…

so various,

Lu Wendong felt a little embarrassed watching this. To be honest,

His acquisition of HK Electric was a purely commercial act.

It was to take his Lu Kingdom to a higher level!

But I don’t have such big ambitions… Ding!

Tip: Congratulations to the host for successfully acquiring Hong Kong Electric, which has enabled the system to raise troops through the field. Currently, 200 death squads can be recruited! This is what Lu Wendong appreciates most about the system.

Always able to keep up in time.

As for other rewards?

Lu Wendong didn't really care.

He now controls Wheelock, Hong Kong Electric, Chinese Estates, Overseas Trust Bank, and Hang Lung Bank. His hegemony is already apparent.

Even without the system,

He can also build an extremely powerful empire based on the current foundation! "Boss."

Tap tap tap, tap tap tap,

Ma Shimin, Huang Shitong, and Luo Deyong boarded the yacht at the Causeway Bay Yacht Club almost instantly. "Mr. Ma."

Lu Wendong was the first to shake hands with Ma Shimin: "You are the main contributor to the Hong Kong Electric battle." "Congratulations, from now on, you are also the CEO of Hong Kong Electric."

Ma Shimin took a deep breath and said, "Thank you, Boss. I will definitely not let you down."

Lu Wendong smiled and patted the back of Ma Shimin's hand: "Of course, I believe that Mr. Ma will be able to lead Wheelock and Hong Kong Island forward." This foreigner has worked in foreign companies such as Jardine Matheson and Hutchison Whampoa.

Possess extensive experience in managing large groups.

Lu Wendong couldn't find anyone more suitable than Ma Shimin. "Mr. Luo Deyong, responsible for all my financial audits.

This is definitely the most trusted one among the trusted ones.

Ma Shimin quickly shook Luo Deyong's right hand: "Mr. Luo, nice to meet you."

"Mr. Huang Shitong, non-executive director of Chinese Estates Holdings, responsible for listing, mergers and acquisitions, and other businesses." Lu Wendong introduced the three people.

Then he took them to the deck rest area.

"Mr. Ma, you are quite familiar with HK Electric. Tell us about the situation." HK Electric is a rare and high-quality company in Hong Kong Island.

No need to worry about losses, because it is guaranteed to make money!

Even if the government cancels HK Electric's franchise,

Allowing other power companies to participate in Hong Kong Island's electricity supply will not allow these companies to shake HK Electric's position!

Hong Kong Electric,

It can be said that it has been with Hong Kong Island for almost its entire existence, and its power grid has long been spread across the entire island!

Is it possible for a newcomer to achieve the same kind of setup as HK Electric? How much would that cost?

and,

If a new power company enters the market, won't HK Electric be able to launch a price war? Will the new company be able to outperform HK Electric? Absolutely not!

This is the core competitiveness of HK Electric.

It has in fact monopolized the electricity business in Hong Kong Island! However,

No matter how excellent HK Electric is,

It is also impossible for it to earn back 29 billion for Lu Wendong immediately.

So Lu Wendong needs to find a way on his own. Fortunately,

HK Electric has unlimited potential.

Ma Shimin immediately said: "In addition to its power business, HK Electric also wholly owns nine subsidiaries including Fortress and Harbour City, as well as five joint ventures including International City.

Its businesses include electricity, real estate, engineering, industry, trade, retail, insurance, and more. Its current annual profit is HK$12.8 billion, marking the first time in HK Electric Group's history that its annual profit has exceeded HK$10 billion.

"I believe that as Hong Kong's population grows and construction projects continue to commence, annual profits will increase next year."

After hearing this number, everyone was very excited!

How many companies in Hong Kong Island can guarantee an annual profit exceeding HK$10 billion? You can easily count them on one hand!

Huang Shitong sighed: "Lusheng's foundation is stable."

Lawrence Lu smiled slightly: “Lucky, and also Mr. Ma’s helper.”

In the acquisition of Hong Kong Electric,

There are two decisive factors:

One is Lu Wendong's abundant funds,

He gave out the black money he had just collected!

Lu Wendong not only received more than 4 million in commissions, but also cleaned up the money neatly! Of course,

There will inevitably be some costs involved!

But in terms of revenue, that's nothing.

The other one is naturally Ma Shimin!

If it weren't for him acting as a go-between and convincing Simon, it would have been much more difficult to take over HK Electric.

"I've called everyone here today to celebrate our successful acquisition of HK Electric."

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like