Reborn in Hong Kong in 1982. In this year, the four major foreign trading houses were gradually declining. The top ten financial magnates and the four major families had already stepped onto the hi...
300 meters west of Cheung Sha Wan Street, Sham Shui Po District, Kowloon Peninsula, Hong Kong.
There stands a ten-story office building.
This is the headquarters of Guanghu Real Estate.
At this time, in a luxurious office on the top floor of the office building.
A war of swords and sabers officially began.
On one side is Hong Kong’s famous “Superman” Li Ka-shing.
One side is Li Guanghu, the founder of Guanghu Real Estate.
The two business tycoons were drinking tea and chatting about recent events in Hong Kong's business world.
It was as if they were old friends, but their words were full of temptation and guidance.
"Brother Li! I'm very sympathetic to what happened to your child. Every child makes mistakes one day. As long as you guide them well, they will surely become successful in the future."
Li Jiacheng drank tea with a smile on his face, and his words sounded like he was trying to persuade the other party to be more open-minded.
But the deeper meaning is that you should not forget who sent your son to prison, so that you can better achieve the goal of cooperation in the subsequent negotiations.
There are two main reasons why we went straight to Li Guanghu this time and stated the purpose of the acquisition directly.
First, he has already acquired 22.3% of the shares from the stock market and Standard Chartered Bank, but has hit a wall with HSBC. He has no other choice but to take over the 25% shares from Li Guanghu.
Secondly, Mo Zhexuan should also hold at least 20% of Guanghu Real Estate's shares in his hands, this is certain, so there are at most more than 30% of the shares left in the stock market, and this is a hurdle that Li Guanghu cannot avoid.
In this case, it would be better to take the initiative and find Li Guanghu to explain the purpose of the acquisition, which would give us the upper hand.
As long as the price is above the same level, Li Jiacheng doesn't believe that Li Guanghu would sell his shares to the enemy who sent his son to prison.
"Thank you for your concern, Mr. Li! It's all my fault that Zhiyuan has reached this point today. As the ancients said, if a son is not well-educated, it's the fault of his father. I don't blame anyone."
There was a slight bitterness on Li Guanghu's lips. In fact, his heart was already full of scars, but he appeared calm on the surface, as if his son being arrested and sent to a juvenile detention center was a trivial matter. However, only he knew the pain in his heart.
As a father, how could he not love his child, especially his only son? But he would not be as fragile as a woman in front of outsiders, and he naturally knew the deeper meaning of Li Jiacheng's words.
In fact, in his heart he has always wanted to compete with Li Jiacheng and other five real estate tigers. Unfortunately, Guanghu Real Estate rose too late and was not listed until 1979.
If it had been listed in 1972 like the Five Tigers of Real Estate, he might have had a place among the top Chinese families in Hong Kong now.
The reason why he ended up in this situation today was that he had not paid much attention to the share price of Guanghu Real Estate recently because of his son's affairs, which allowed Li Jiacheng and Mo Zhexuan to launch a sneak attack.
But the main reason was that after the listing, in order to allow Guanghu Real Estate to catch up with the five real estate giants as quickly as possible, he cashed out and raised funds on a large scale, which led to the fruits of his life's work being reaped by others.
"Brother Li! I know Guanghu Real Estate is the fruit of your life's work. Don't worry! If I acquire it, Guanghu Real Estate will retain its brand and develop independently. At the same time, Cheung Kong Group will immediately invest 500 million Hong Kong dollars."
"I'm here today to make sure you don't suffer any loss. I'm going to offer you HK$800 million to buy your 25% stake. What do you think?"
Li Jiacheng stopped the small talk and directly stated his price, which was really very high.
Currently, the share price of Guanghu Real Estate has risen to around HK$185 to HK$210, with a market value of around HK$2 billion.
If 25% of the shares are acquired for HK$800 million, the market value of Guanghu Real Estate will be HK$3.2 billion, which is similar to the market value of Guanghu Real Estate at its peak, which can be said to be full of sincerity.
"Mr. Li! Your offer is indeed very sincere, but it doesn't meet my expectations. I believe you have also seen the future trend. With the release of the joint statement, the people in Hong Kong have gradually stabilized."
"Hong Kong's real estate market won't continue to stagnate. It's bound to see a surge in prices. That's for sure. Once Guanghu Real Estate develops those plots of land, profits will start at at least HK$500 million. I'd bet the market capitalization is at least HK$5 billion."
"So, it's absolutely impossible to acquire Guanghu Real Estate, a promising real estate company, for only HK$800 million. My price is HK$1.5 billion. As long as you agree, we can close the deal today."
Li Guanghu's face was very calm. He was now sitting firmly on the Diaoyutai, letting the wind and waves rise. No matter whether it was Li Jiacheng or Mo Zhexuan, if either of them wanted to control Guanghu Real Estate, the shares in his hands would be indispensable.
However, he would not be so naive as to insist on selling it for HK$1.5 billion, because Li Jiacheng and Mo Zhexuan are not fools. If they join forces, he will be the first to be eliminated.
Now he is just asking for a sky-high price and then paying back the money. His ideal price is HK$1.2 billion. As long as this number is reached, the deal can be done immediately.
"Brother Li! Your price is too high. This is equivalent to Guanghu Real Estate's market value reaching 6 billion Hong Kong dollars. You have to know that the current market value of Cheung Kong Holdings is only around 7 billion Hong Kong dollars. This is absolutely impossible."
"I'll offer a maximum of HK$1 billion. What do you think? If it's acceptable, we can close the deal today."
Li Jiacheng really couldn't have imagined that Li Guanghu, who was in front of him and was from the same family, would ask for such a huge sum of money. HK$1.5 billion could be used to auction three to four medium-sized plots of land in Hong Kong, so there was no need to acquire Guanghu Real Estate.
The reason for acquiring Guanghu Real Estate this time is mainly because it has a piece of land near the Kwun Tong area of the Kowloon Peninsula. It is well-informed that the Hong Kong government is about to build a subway station there. If it is developed, it will definitely be another prosperous commercial center.
Of course, Guanghu Real Estate’s other assets were also a major reason for the acquisition. The sales of several residential communities developed in Kowloon Peninsula were also very good, especially there were several industrial land plots in Dapu, etc.
Just as Li Guanghu was about to speak, there was a knock on the door. He then said calmly:
"Come in!"
After a while, a square-faced man in a suit walked in quickly and said respectfully:
"Mr. Li! Mr. Mo Zhexuan from Ruitai Securities is downstairs, what do you think?"
"Please bring him up."
A sharp light flashed in Li Guanghu's eyes when he heard this. He had gone to the other party several times for his son's matter but was turned away. Today he would let this young man taste the humiliation.