Hong Kong, Galaxy Tower.
"Guo Sheng, you're so early." As soon as Chen Zhiwen arrived at the company, he saw Robert Kuok already waiting for him, which was earlier than the time they agreed.
"I have no choice. Now Hong Kong reporters are staring at me. I can only leave the hotel early. Fortunately, the Hilton Hotel cooperated to provide cover. Otherwise, I might be discovered by some reporters when I came here." Robert Kuok laughed. said with a smile.
"So that's it." Chen Zhiwen nodded and said. What Hilton Hotels is best at is keeping secrets for hotel customers. This has nothing to do with him, but is an operating strategy of Hilton hotels around the world. Therefore, many celebrities like to stay here because The hotel is particularly strict with journalists.
"Chen Sheng, I know that you, like Bao Sheng, have purchased the stocks of many large hotels. I can purchase them at 20% of the current market price. How about that?" Kuok Henian said.
"Have you acquired the shares in Pao Yugang's hands?" Chen Zhiwen asked: "Yes, I also acquired the shares in his hands at the same price." Kuok Henian said.
"Then you really want to buy a big hotel?" Chen Zhiwen nodded and said, "Okay, I can sell it to you at this price."
The strategy he and Bao Yugang decided on at the beginning was to conduct a feint attack on the hotel and actually attack the China Electric Power Group. However, even if it was a feint attack, one would still need to have a certain amount of stocks in hand. In addition, in the past two years, with the recovery of the tourism industry and the As land prices have doubled, the stock price of Grand Hotel Group has also increased significantly. Even if it is only used as an investment, you can still make a lot of money. In addition, due to the acquisition, the stock price of Grand Hotel Group has risen sharply. On this basis, the stock price will increase. 20%, then your investment is really a high return.
"Thank you very much. With the stocks in your hands, I am more confident." Robert Kuok said with a smile: "The Kadoorie family only owns 12% of the hotel stocks. In this way, I will become more powerful than them." We need a big shareholder.”
"The only problem is the stocks in the hands of the Liang family. Whoever can acquire the stocks in their hands now will win." Chen Zhiwen continued.
Anyone who knows a little bit about the history of Hong Kong’s business war may know that in 1985, when Pao Yugang was preparing to acquire Wheelock, the world knew that Wheelock’s real major shareholder was the Chang Yuliang family.
The same is true for large hotel groups. The Kadoorie family is actually only the second-ranked shareholder, and the first one is a family surnamed Liang.
"I have made an appointment with Mr. Liang Zhonghao. He owns 20% of the hotel's shares. As long as he is dealt with, the hotel will be fine." Robert Kuok said with a smile.
"The relationship between the Liang family and the Kadoorie family is pretty good. How do you plan to convince him?" Chen Zhiwen asked with a smile. Because they were just preparing to pretend to attack the hotel before, they had never contacted the Liang family. However, since the Liang family will The management of the hotel was given to the Kadoorie family, and they still trusted them.
"The core of the Kadoorie family in recent years has been CLP Power. The Liang family has actually had objections for a long time, but it is not easy for them to fall out. As long as my price is high enough, I think it won't be a problem." Robert Kuok laughed. said.
"Indeed, I hope Guo Sheng can achieve his wish as soon as possible." Chen Zhiwen said with a smile. Kuok Henian has developed in Southeast Asia all his life. To be able to win the title of "World Sugar King", his financial resources are actually no less than Pao Yugang, because The Kadoorie family, whose strength was greatly damaged by the oil crisis, is not necessarily his opponent.
"If it succeeds this time, if Mr. Chen is interested, when I take over the hotel, Mr. Chen can also invest and become a shareholder. Anyway, according to Hong Kong law, I only have 34.9% of the equity at most." Robert Kuok said with a smile. .
"Okay, no problem." Chen Zhiwen nodded and said, "However, because of Bao Sheng's purpose, Guo Sheng had to take part in the acquisition of the hotel this time. As far as I know, Kadoorie went to HSBC yesterday. I guess Got a loan."
"Don't worry, Chen Sheng, I've already prepared. Just wait and see the show." Robert Kuok said confidently.
"Okay, I'll just wait and watch the show." Chen Zhiwen said with a smile.
Although Kuok Henian did not dominate Hong Kong, his ability to rise in Southeast Asia and become the local down payment is undoubtedly undoubted, and there is certainly no shortage of relevant talents. In addition, with sufficient funds, there must be a large banking consortium in Southeast Asia behind him. For big acquisitions, Hotel, shouldn't be a problem.
Moreover, this is also a process for him to prove his ability. With Chen Zhiwen and Pao Yugang's previous acquisition of about 14% of the hotel stocks, if he still can't get it, how can he invest in Hong Kong?
Because the current stock price is relatively high, Kadoorie and Robert Kuok have not continued to make acquisitions in the stock market. Instead, they have used their connections to try to persuade other shareholders to either sell their stocks to them or promise other benefits to support them.
Chen Zhiwen didn't know the specific details, and there was no need to ask. He had already received some benefits, and he would just wait.
The time has quickly arrived in mid-July.
It has been half a month since Robert Kuok officially publicly acquired the Grand Hotel. During this period, the shares of the Grand Hotel Group have been very strange. Sometimes they soar into the sky, and sometimes they fall like a waterfall. The two parties make large-scale acquisitions in the stock market, or there are sudden rumors. When the news comes out, one party gives up, and various rumors continue to spread everywhere in the stock market, and it is difficult to distinguish between true and false for a while.
At noon one day, Pao Yugang came to the Hilton Hotel again. Since there was no harassment from reporters, Robert Kuok had been living here during this period. Needless to say, Chen Zhiwen was the owner of the property here, so it was normal for him to come here. Besides, Hilton has also been preparing a suite for him for a long time.
"Both of you, let me tell you some good news. Liang Zhonghao is willing to sell half of his shares to me. In this way, the shares in my hands will exceed 25%." In addition to Hu Yingxiang who went to the mainland to deal with investment matters, Several people from the Taishan Club were also gone, so Robert Kuok shared the good news.
"He still has 10% in hand, so will he be willing to vote for you at the shareholders' meeting?" Bao Yugang asked.
Robert Kuok shook his head and said: "He didn't want to because the Liang family has a good relationship with the Kadoorie family. At the beginning, he didn't even want to see me. It was because I gave him certain benefits in Southeast Asia that he agreed to the deal.
But no matter what conditions I offered, he would only sell half of the shares. Otherwise, the acquisition would basically be a win. "
"He probably doesn't want to put his eggs in one basket, whether it's Hong Kong or Southeast Asia." Chen Zhiwen analyzed.
As time moves forward to the 1980s, many people in Hong Kong are considering whether to immigrate. For some middle-class families in Hong Kong, it is a choice between two, but for the super rich, it is a distribution issue. This was also the case in the 1980s. It is a golden period for investing in Hong Kong.
"No matter what, your shares have far exceeded those of the Grand Hotel Group. As long as you obtain another 34.9% of the shares, you need to find a way to convene a shareholders' meeting and get all shareholders to vote for you. Only in this way can the acquisition be truly successful." Bao Yugang thought for a while and said.
This is also a very unfriendly policy towards "hostile acquisitions" nowadays. When 34.9% is reached, acquisitions are no longer allowed, and then the company must rely on the shareholders' meeting to obtain company management rights. However, a company with no major operating problems wants to kick out the original shareholders. For management, the difficulty is relatively high.
"I have been preparing for this for a long time. My people are already contacting some shareholders and giving them enough benefits to let them vote for me when the time comes." Kuok Henian said.
"What are the Kadoorie family doing recently? Apart from making acquisitions in the stock market?" Chen Zhiwen asked.
"Same, I'm trying to convince each shareholder, but there are so many shareholders, it's impossible for him to convince everyone. As long as I can get an additional 15%, that will be enough. As long as the money is in place, there will be no difficulty." Kuok Henian smiled.
"That means we still need to acquire another 10%. How do you plan to acquire it?" Chen Zhiwen asked.
"To cut the knot with a quick knife, I am going to buy it directly in the stock market tomorrow at a high price in cash, HK$70 per share, only HK$500 million is enough." Kuok Henian said.
"500 million? Isn't this price too high?" Bao Yugang said with a frown.
"Actually, it's acceptable. The location of the Peninsula Hotel itself is excellent. In addition, there are a large number of properties under the hotel. If we really develop it, we can still make money." Robert Kuok thought for a while and asked: "What does Mr. Chen think?" ? '
(End of chapter)
