Chapter 255 There are so many good things

Chapter 255 There are so many good things
People like Chen Songqing are smart and ambitious, but they all have a similar weakness - lack of patience.

If he came to Hong Kong, he would have been as steady and cautious as Li Huanggua, not rushing forward or seeking quick results.

There is absolutely no problem running a medium-sized public company now.

Compared with Fang Hexuan, he indeed lacked enough luck, but luck brought the former a vision that transcended his time and huge wealth, and these two points were enough to make Fang Hexuan, who was not as capable as him, soar to success.

Shaking his head and not thinking about it anymore, Fang Hexuan pushed the folder in his hand to Chen Songqing across the table.

"Take a look. Everything I want is clearly written above. If you are willing to cooperate, I will ensure that you will continue to live in peace and prosperity for the rest of your life. Otherwise, you know what I want."

This time, Chen Songqing was not as excited and angry as before. Perhaps he had really thought it through. He just frowned, then picked up the document and studied it carefully.

He didn't read quickly, but thought and recalled as he read.

Fang Hexuan sent people to investigate the Jianing Group thoroughly, so he knew exactly what he wanted.

For example, Jianing Group's subsidiary Jianing Real Estate holds a 65% stake in listed shipping company Vinda Shipping.

In the past, Fang Hexuan really had no interest in the shipping industry. Didn’t you see that even the charter kings have started to go ashore?

But now, his thoughts have changed a little.

Because BYD will start full-scale mass production and export cars overseas in the second half of this year, holding shares in a shipping company at this time will help BYD's overseas business development to a certain extent.

When Chen Songqing saw this, he recalled the difficult process of acquiring 65% of Vinda Shipping's shares.

In September 1980, Chen Songqing's Jianing Real Estate announced the establishment of Jianing Shipping. It first purchased a 9-ton dry cargo ship "Xinjin" from Baohua Construction for HK$6100 million and renamed it "Jianing No. 3". It then ordered four dry cargo ships from Japan and West Germany, officially entering the shipping industry.

In 1981, Carrian Properties acquired 2919 million shares of Vinda Shipping by merging Carrian Shipping and Vinda Shipping. It then purchased HK$1.82 million worth of shares from Jardine Matheson and the Li family. In this way, Carrian Properties became the major shareholder of Vinda Shipping.

Now, just like that, Fang Hexuan took it away with just one sentence, and he felt mixed emotions.

In addition to the shipping company, Fang Hexuan also set his sights on Rama Tower's equity.

Because this Thai listed company owns five hotels and also operates insurance and financial companies.

Although the process of acquiring shares in Rama Tower 2 is not as troublesome as that of Vinda Shipping, it is also a step for Chen Songqing to plan the overseas expansion of the Jianing Group.

In September 1980, Carrian Properties reached a share exchange agreement with the company, whereby Carrian issued 9 new shares at a price of HK$17.3 per share in exchange for a quarter of the equity of Rama Tower.

Then, shares of Neon Nikkatsu Film Company also came on Fang Hexuan's menu.

Also in December 1980, Carrian Properties and Neon-listed company Nikkatsu Films reached an agreement to acquire each other. Carrian acquired 12% of Nikkatsu's shares for HK$1 million, while Nikkatsu subscribed for 21 million shares of Carrian for HK$6624 million.

DreamWorks Films and Nikkatsu Films have collaborated many times, especially in the distribution of Big Nose Dragon's films, which were almost entirely handled by the other party.

Considering that Brother Long can still work as an employee for many years, Fang Hexuan believes it is necessary to deepen the ties with Nikkatsu.

In addition, although it was not the purpose, it was also an idea. He was planning to get rid of Takakura Miki, but he couldn't do something as ruthless as pulling out a eagle.

Since the Japanese girl really loves acting, it would be a good idea to let her join Nikkatsu and continue her acting career.

Then, Union Bank, Qichang Life Insurance and New Zealand Insurance were all on the list. In the former, Jianing Real Estate bought a 6% stake at HK$9 per share in June last year.

The middle case was also in June last year, when Jianing Real Estate reached an agreement with Ayala International, the major Philippine shareholder of Qichang Life Insurance, to exchange its 6 million shares for 1500% of Qichang Life Insurance's equity.

This insurance company is listed in Hong Kong. Its business mainly focuses on life insurance, household water insurance and fire insurance. It has branches in the UK, Australia, Malaysia, Singapore and Thailand.

The latter was in November last year, when Carrian Properties exchanged Carrian shares for a 11% stake in the New Zealand insurance company.

Fang Hexuan really admires Chen Songqing's ability to work hard. Very few people can achieve such a level of diversified operations.

Last on the list are the land, building properties and shares of the real estate company that Fang Hexuan wanted the most.

Needless to say, the Golden Gate Building, which was previously sold to Jianing.

Others, such as in December 1980, Carrian Properties, together with Far East Consortium of Chiu Te-kan, Yik Tai Investment of Chung Cheng-man and Sun Hung Kai Securities of Fung King-hey, formed Overseas Chinese Properties. The joint company eventually became a listed company with assets of HK$12 million, of which Carrian Properties held 8.63% of the shares.

1981年8月,佳宁置业(占33%)、置地集团(占25%)、佳宁集团(占22%)、美丽华(占7.5%)和新景丰(占7.5%)五家组成财团,宣布以28亿港币的价格,向美丽华购入其酒店旧翼的一块土地,计划在1995年年底之前建成一座与“置地广场”类似的商业购物大厦。

In August of the same year, the Carrian Group cooperated with Hong Kong Land to purchase 8 square feet of land from United Soda Company for HK$1.2 million to be converted into the Yizhuang Industrial Building.

At the same time, Carrian and Yeo Hiap Seng Company jointly formed Lao Chi Company and took control of United Drinks Company.

The real value of this soda company lies in the large amount of land occupied by its old factory buildings.

Fang Hexuan was not interested in other assets of the Jianing Group, even though it currently has three listed subsidiaries and more than 100 affiliated companies.

Chen Songqing endured the pain and read all the content, and said in a mocking tone:

"Isn't that enough for you?"

Fang Hexuan chuckled and didn't seem annoyed.

"Mr. Chen, the list of companies in the document is all to supplement my current companies, such as movies, hotels, finance, and real estate."

"As for the rest, I'm not interested even if you give it to me. I can even give a listed company as big as Hutchison Whampoa to Li Huanggua without any care. You'll know that I'm really not greedy."

This time, Chen Songqing just snorted slightly and did not respond.

"Indeed, this person has clear goals and only takes what he wants, so he can't be considered greedy."

He thought so in his heart, and then said:

"I will try my best to sell these assets to you legally, but don't expect me to lose a lot of money and let you get a big profit."

"Haha, of course. Even if you dare to sell it at a low price, I dare not really buy it. If I get caught by the ICAC later, it will be a loss."

 Thanks to book friend 20230318044509636 for the recommendation!
  

(End of this chapter)