Chapter 134: Port of Filisu

Now that Hong Kong people hold British passports, there is no conflict in discussing this issue.

What's more, when doing business in London, it is impossible not to deal with customers, so when he heard that John Shi was a conservative, he immediately donated 100 million pounds.

In fact, Liu Zhicheng donated money mainly because conservatives have been in power in the past few years, and he hopes to establish some relationship with the conservative Fat Peng, and hope to take care of him at the Hong Kong container terminal in the future.

He did not want to receive special "attention" in the future competition for Kwai Chung Pier.

In his previous life, the reason why Li Chaoren's "Hutchison Whampoa" failed repeatedly in the competition for Kwai Chung Pier was because of Fat Peng's "care".

Western banquets are very free, with a group of people chatting with each other. HSBC attached great importance to Liu Zhicheng's trip to London and always gave him warm hospitality.

On Wednesday, Liu Zhicheng, on behalf of the newly established Wharf Holdings Limited, and Wilson, president of British Shipping Company, formally signed an agreement on the transfer of shares of Felixstowe Port, involving a sum of HK$10 billion.

After this transaction, Wharf Holdings Limited now owns 75% of the shares of Felixstowe Port, and has signed a preliminary agreement with Orient Overseas for the remaining 25%.

At this point, Wharf Container Terminals Company officially took over Felixstowe Port, taking a solid step forward in its overseas strategy.

The day after the agreement was signed, Liu Zhicheng flew to the United States because Bit informed him that Exxon Energy was willing to transfer its shares in China Power and had reached a preliminary agreement with Pacific Investment Company.

Due to special conditions, Liu Zhicheng had to go there in person to confirm before Bit dared to sign the transaction.

In fact, the content of the transaction is not complicated, but the matter is relatively serious. In summary, there are four points

18.2. Exxon Corporation will transfer all of its % stake in China Light and Power to Pacific Investment Company under Liu Zhicheng.

A total of 2673 million shares were transferred in this transaction, with a transfer price of HK$45.3 per share, which was the same as the stock price on the exchange yesterday. The total transaction price was HK$12.1 billion.

60. Exxon Corporation will transfer its % equity interest in Hong Kong Qingshan Power Generation Company to Pacific Investments Corporation.

Heung Kong Castle Peak Power Generation Company: Hok Yuen Power Station in Hung Hom, Kowloon, Castle Peak Power Station in Tuen Mun, New Territories, and Lantau Island Power Station.

3. Exxon Corporation transferred the rights and interests of the power plant and distribution network in the New Zealand port city of Porirua to Pacific Investments Corporation.

4. Liu Zhicheng will transfer 70% of the rights and interests in the North Sea oil fields to Exxon Group.

If the agreement is reached, Liu Zhicheng will also pay Exxon 2 million US dollars in cash. In this way, the oil field is only exchanged for Qingshan Power Generation Company, a power plant and distribution network rights in New Zealand.

On the surface, it seems like a huge loss, so Bit dare not make the decision and Liu Zhicheng has to go to the United States in person.

Because everything needs to be kept secret, Liu Zhicheng will not come out to negotiate, and he is not yet ready to block China Electronics.

After signing and confirming the internal document, Liu Zhicheng flew back to Hong Kong.

The Pacific Investment Company, which was responsible for signing the agreement with Exxon at that time, was a purely American company.

…………

Time quickly came to May.

Today, Liu Zhicheng entertained guests at the Whampoa Hotel in Sheung Wan.

"Mr. Li, welcome!" Liu Zhicheng welcomed Li Shaozhu and his party from Charoen Pokphand Group at the door of the private room today. A middle-aged man was accompanying him.

"Hello, Mr. Liu. Let me introduce you. This is Mr. Guo Henian," Li Shaozhu introduced.

"Mr. Guo, I have long heard of your great name."

"Mr. Liu, I have long heard of your great name. My fame is far from yours." Guo Henian laughed.

"Mr. Guo is too modest. The title of Asia's Sugar King is not undeserved. Everyone in Southeast Asia knows him." Liu Zhicheng said with a smile.

The visitor was none other than Kuo Henian, the richest man in Malaysia, who is known as the world’s sugar king and hotel tycoon.

In his previous life, his name was not only a household name, but also had become synonymous with wealth and success.

In the 70s, Shangri-La Hotel Group was established to enter the hotel industry. Could it be that you came to Hong Kong today also for the hotel industry?

"History is history after all. Our era has passed. Mr. Liu is the future of us Chinese." Guo Henian said with a smile.

"Mr. Guo, Mr. Xie, please come in." Liu Zhicheng did not continue to be modest and invited Li Shaozhu and Guo Henian into the hotel's luxurious private room.

"Okay, please." Guo Henian and Li Shaozhu said politely.

Several people, along with some of their assistants, entered the hotel room together, while the bodyguards stayed outside.

"Mr. Liu, your hotel is even more luxurious than the Peninsula Hotel." Guo Henian said after sitting down.

"Mr. Guo, that's great. The Whampoa Hotel is newly built. It just looks more luxurious, but its heritage is not as good as the Peninsula Hotel."

"Mr. Liu, how much did you spend to build this hotel property?"

"I didn't spend much money, only 1.2 million Hong Kong dollars," Liu Zhicheng replied.

"As expected of Mr. Liu, the hotel's land is now worth 1.2 million Hong Kong dollars, and such land is not something you can buy in Hong Kong with money," Guo Henian said with emotion. "Haha, Mr. Guo, Mr. Liu paid tens of millions of Hong Kong dollars himself, and the rest was a bank loan," Li Shaozhu also said.

"This rate of return must triple." Guo Henian said with a smile.

"Thank you for the compliment. It was originally just for the development of Huangpu Group." Liu Zhicheng said with a smile.

Because Huangpu Hotel is a hotel, its rate of return is far inferior to current real estate developments.

If you develop office buildings, you will already make a lot of money, so even if a hotel works hard for a hundred years, the money earned will not be as much as that from real estate development.

"To be honest with you, Mr. Liu, I had been planning to buy hotel assets in Hong Kong for some time, but unfortunately the oil crisis broke out and I had to stop. Now it seems that I missed the golden period." Guo Henian shook his head and smiled bitterly.

The current housing prices in Hong Kong have reached the peak of this wave of prices. The price of land recently auctioned has exceeded 2 per square foot.

At present, the land area for an office building alone is probably hundreds of millions of Hong Kong dollars.

However, compared with the future housing prices in Hong Kong, the current prices are still at a low point, but most people cannot predict it.

"Mr. Guo, if you are determined, any time is the golden age." Liu Zhicheng said with a smile.

After listening to this, Guo Henian nodded, then changed the subject and said, "In fact, Mr. Li and I came here this time to set up a motorcycle factory in Malaya with Mr. Liu and your Chigo International."

After hearing this, Liu Zhicheng was very surprised. He initially thought that Guo Henian came to Hong Kong to develop the hotel industry and came to pay a visit.

Now that he has proposed to jointly build a motorcycle factory, he has deviated from Liu Zhicheng's understanding of the history of his previous life.

After thinking for a while, he slowly said, "I don't know how to cooperate."

At this time, Li Shaozhu said, "Mr. Liu, Chigo International will provide the technology and engine supply, accounting for 3% of the shares, and Mr. He and I will provide the construction funds, and we will each hold 3% of the shares."

Currently, Chigo International’s motorcycle market is mainly in Thailand. Since the company can already produce its own engines, it must find a way out.

Liu Zhicheng thought for a moment and said, "If the new joint venture factory specifies purchasing engines produced by Chigo International, our team can negotiate this."

Li Shaozhu and Guo Henian were very happy to hear what Liu Zhicheng said, because the motorcycle production joint venture was basically a done deal.

After congratulating each other, Guo Henian continued, "Mr. Liu, my visit to Hong Kong this time, in addition to the motorcycle cooperation, also aims to investigate the investment situation in Hong Kong."

"Mr. Guo, I wonder what industry in Hong Kong you are interested in investing in?" Liu Zhicheng asked.

"My Shangri-La Hotel wants to enter Hong Kong, and I hope to have the opportunity to cooperate with Mr. Liu."

One of the purposes of Guo Henian's visit to Hong Kong this time is to carry out in-depth cooperation with Chigo Industries under Liu Zhicheng.

Naturally, some investigations were conducted on Liu Zhicheng, especially on his Whampoa City and Harbour City, which are very influential real estate projects and are easy to find.

In particular, three new hotel assets were built in Huangpu City. Guo Henian wanted to lease one to first establish the Shangri-La Hotel brand in Hong Kong and then seek development.

"What does Mr. Guo mean?" Liu Zhicheng asked back.

"Didn't Mr. Liu build three new hotel properties in Huangpu City? I want to jointly operate a Shangri-La Hotel with Mr. Liu, is that okay?"

Guo Henian had made sufficient preparations, first with motorcycles and now with a joint venture hotel, which caught Liu Zhicheng off guard.

If three hotels are built in one place and all called Huangpu Hotel, it would feel a bit inappropriate.

Liu Zhicheng thought for a moment, nodded and said, "Okay, Mr. He can send someone to contact the Huangpu Hotel."

Liu Zhicheng couldn't do such a small thing himself, so he just decided the general direction himself.

Southeast Asia will definitely be Liu Zhicheng's key development area. When his companies enter Southeast Asia in the future, they will definitely need partners.

Being able to get in touch with the Sugar King today is definitely a good choice.

.........

The next day, Liu Zhicheng explained to Han Chunxi in his office about the cooperation between Chigo International and CP Group, as well as the cooperation between Huangpu Hotel and Shangri-La Hotel, and asked him to convey it to Niu Guangli and Hao Qingwen.

Then, he asked about China Power's fund-raising situation.

"Mr. Liu, we have currently raised about 9.1%. If we add Pacific Holdings' 18.2%, we already hold 27.3% of CLP," Han Chunxi reported.

In order to protect British capital, the Hong Kong government has now lowered the threshold for raising stakes from 50% to 35%. Therefore, it is still 7.6% away from CLP's threshold.

Pacific Investment Corporation is an American company, and Liu Zhicheng can completely ignore the threshold for raising the stake, and Shanfeng Investment can directly acquire 34.9%.

Then, launch a blitzkrieg, convene a board meeting to seize power directly, and take control and management rights at once.

In order to prevent the CLP management from using a poison pill plan to dilute its own shares, Liu Zhicheng instructed Han Chunxi to acquire another 7.6% of the shares and obtain a veto power.

(End of this chapter)