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 sympathize with what happened to your child.
All children make mistakes one day, but as long as they are guided well, they will 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 never forget who sent your son to prison.
In this way, the goal of cooperation can be achieved more easily 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.
They hit a wall again with HSBC, and there was no other way except to take over the 25% stake held by Li Guanghu.
Second, Mo Zhexuan should also hold at least 20% of Guanghu Real Estate's shares.
This is certain, so there are only about 30% of 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 Mr. Li for your concern! Zhiyuan has come this far.
It's all my fault. As the old saying goes, if a son is not well educated, it's the fault of his father. I don't blame anyone else."
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.
It was as if his son being sent to a juvenile detention center was a trivial matter, but only he knew the pain in his heart.
As a father, how could he not love his child, especially his only son?
But naturally, he is not as fragile as a woman in front of outsiders.
And he naturally understood the deeper meaning of Li Jiacheng's words.
In fact, in his heart, he has always wanted to compete with Li Jiacheng and other real estate bigwigs.
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.
Maybe he will have a place in one of Hong Kong's top Chinese families now.
I have fallen into this situation today.
On the one hand, because of my son’s affairs recently, I haven’t paid much attention to the stock price of Guanghu Real Estate.
This allowed Li Jiacheng and Mo Zhexuan to launch a successful sneak attack.
But the main reason is to enable Guanghu Real Estate to catch up with the five real estate giants as soon as possible after the listing.
The large-scale cashing out and fundraising resulted in 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 hard work, don't worry!
If I acquire the company, Guanghu Real Estate will retain its brand and develop independently, and Cheung Kong Group will immediately invest HK$500 million."
"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 exchanging pleasantries and directly stated his price.
This price can really be said to be 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.
This is almost the same as the market value of Guanghu Real Estate at its peak, which can be said to be full of sincerity.
"Mr. Li! Your price is indeed very sincere, but it does not 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 will not continue to slump, and will definitely see a surge in prices.
This is certain. Once Guanghu Real Estate develops those plots of land, the profit will start at at least HK$500 million.
I would venture to estimate the market value to be at least HK$5 billion."
“So they wanted to acquire Guanghu Real Estate, a promising real estate company, for HK$800 million.
This is absolutely impossible. 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.
Now he sits on the Diaoyutai and lets the wind and waves rise.
Whether it is Li Jiacheng or Mo Zhexuan.
If either of them wants to control Guanghu Real Estate, the shares in his hands are indispensable.
But he wouldn't 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 they are just asking for a sky-high price and paying a low price.
His target price is HK$1.2 billion, and as long as this figure is reached, the deal can be completed 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 remember that the current market capitalization of Cheung Kong Holdings is only around HK$7 billion, so 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 expect that Li Guanghu, who was from the same family as him, would ask for such a huge reward.
HK$1.5 billion can be used to auction three or four medium-sized plots of land in Hong Kong, so there is no need to acquire Guanghu Real Estate.
The reason for acquiring Guanghu Real Estate this time was mainly because it had a piece of land near the Kwun Tong area of the Kowloon Peninsula.
Well-informed people judged that the Hong Kong government was 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 are also a major reason for the acquisition.
Sales of several residential communities developed in the Kowloon Peninsula are also very good, especially in Dapu, where there are also several industrial land plots.
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 Jinshi Securities is downstairs, what do you think?"
"Please bring him up."
A sharp light flashed in Li Guanghu's eyes when he heard this.
I went to the other party several times to ask for my son's help, but was turned away every time.
Today, let this young man have a taste of humiliation.
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