NABC Chapter 231
Chapter 231
Text Chapter 231 Acquisition of Hong Kong Island Electric Company [Seeking flowers! Ask for a monthly pass! ]|A hundred years of a family, the rise from Hong Kong Island|A hundred years of a family, the rise from Hong Kong Island Chapter Read-Siku Bookstore
Chapter 231 Acquisition of Hong Kong Island Electric Company
“Can you come up with four billion in cash?” Paul said in surprise.
This is 4 billion Hong Kong dollars in cash, and it would cost 500 million to convert it into U.S. dollars. Such a large sum of money, even the Kaiti Mai family in its heyday, is not easy to get out.
Can this young man in his twenties really take it out?
Facing Paul’s doubts, Su Shaoze chuckled: “Of course, four billion Hong Kong dollars is only, is that a lot?” Is it a lot?
Versailles!
Regarding Su Shaoze’s pretentious tone, Paul didn’t say anything, but slowly fell into silence.
The Kaisemai family’s main business is concentrated in the real estate industry.
And real estate is the most capital-intensive industry. The Kasemey family looks like a huge business, but it has always been burdened with huge bank loans.
Now the Kasemey family is on the verge of breaking the capital chain, and all the creditors have begun to come to ask for the account.
Because of the death of old Henry, the bank was worried that the Kasemey family would not be able to survive, so they did not dare to continue lending to the Kasemey family.
Now the capital chain of the Kasemai family is almost broken, and 08 questions have arisen in all aspects, and they have begun to prepare to sell part of the land and buildings in exchange for cash flow.
But it’s not enough!
You must make some sacrifices!
And the British Island’sThe real estate company is the foundation of the Kaisemai family, and the company holds the best quality land.
At this time, if you sell too much, it is tantamount to cutting your own foundation.
Even after the Kasemai family has survived the crisis, what remains is just a mess, and it is difficult to restore the original appearance!
The market has been eaten by competitors!
And HK Electric is different!
Hong Kong Island Electric Company, far away on Hong Kong Island, is a non-core enterprise of the Kasemey family.
And the return of Hong Kong Island is a foregone conclusion, and the Kasemey family will withdraw from Hong Kong Island sooner or later.
Therefore, at this critical moment when the life and death of the family are at stake, selling Hong Kong Island Electric has become the best choice.
But as Su Shaoze said, there are many people who are interested in HK Electric, but very few people can get 4 billion Hong Kong dollars in cash.
Don’t look at the fact that there are many rich people in the world, each with billions or tens of billions, but that doesn’t mean they have so much cash.
But four billion Hong Kong dollars is far below the actual value of HK Electric.
Previously, Old Henry’s bottom line for HK Electric was seven billion Hong Kong dollars, while the original price in the negotiation was eight billion.
Although Paul was reckless, he knew the essentials of negotiation under the influence of his eyes and ears.
Don’t panic, just pressure the other party to raise the price a little bit!
“Four billion Hong Kong dollars is only 500 million US dollars, and the value of HK Electric is at least 6 billion Hong Kong dollars!”
“And our transaction method must be all cash, no installment payment is accepted, the contract is signed, and the funds will be available immediately!” Paul said with a serious face.
The mule opened his mouth wide, and the asking price was fierce.
But there was a flash of fluctuation in the depths of his eyes, obviously he was already tempted.
What the Kasemey family lacks the most right now is cash.
If there are 400 million US dollars in cash, the Kasemey family can immediately stabilize to a certain extent.
And can bring 400 million US dollars in cash to the family group, then Paul is completely the hero of the Kasemey family.
The ZTE figures who saved the family from distress are fully qualified to get most of the family shares and become the head of the Kasemai family.
And Su Shaoze scoffed at Paul’s counter-offer!
“Six billion Hong Kong dollars? You want to eat your fart.” Su Shaoze leaned on the sofa and raised his legs, and said with a light snort.
“4.5 billion Hong Kong dollars, no more, this is my reserve price.
“According to what you said, all cash transactions, the contract is signed, the payment is made immediately, and the settlement is settled on the spot.”
Su Shaoze didn’t give Paul face, this guy obviously has developed limbs, has a reckless personality, and has no sense of shrewdness.
Doing business is far worse than his father!
Change to old Henry, even if it is 6 billion Hong Kong dollars, Su Shaoze may not be able to win HK Electric.
But for Paul, at 4.5 billion, Su Shaoze wanted to take advantage of it.
And the actual value of HK Electric is very high.
In less than three years, the market value can be directly doubled, breaking through 10 billion Hong Kong dollars!
Seeing Su Shaoze’s apparent loss of patience for negotiation, Paul couldn’t help himself.
4.5 billion Hong Kong dollars, although it did not meet the expectations of the Kasemai family, but the key is that Su Shaoze settled in cash!
And it was paid in full on the spot, and there was no such thing as returning the songs in installments.
This is something no one else can do!
With this money, and selling some other non-core industries, the core business of the Kasemey family can be basically stabilized.
You can get through the difficulties slowly!
So as soon as he gritted his teeth, Paul nodded directly: “Okay, on behalf of the Kasemai family, I agree to your request!” Su Shaoze smiled!
The business is done!
HK Electric is about to fall into its own hands!
Killing an old Henry saved himself more than two billion Hong Kong dollars. His death was so worth it!
However, Su Shaoze still said: “Ask me, where is your brother Mr. Pete…”
“My 907 means I don’t want any controversy over this business!”
And Paul seemed to be offended by his dignity, and immediately said: “Of course there will be no controversy, I am the eldest son of the Kasemey family.”
“Father is gone, I have the final say on the Kasemey family!”
I am here to save the Kasemite family, Paul said in his heart.
“That’s great, we should have a drink to celebrate!”
“Happy cooperation!”
Su Shaoze poured Paul a glass of red wine, touched the glass, and started drinking.
As long as HK Electric gets his hands on it, he doesn’t care what happens to the Kasemey family!
And he does like Paul, who has a somewhat reckless personality. He must be good for the Galaxy Group when he is the head of the Kasemey family.
“cheers!”
Paul was holding the glass, showing his white teeth and laughing.
He doesn’t have the energy-raising skills of old Henry. When he thinks that he can surpass Pete and even completely control the family, he can’t hold back his excitement.
On the second day, the lawyers of both parties drew up an agreement.
Su Shaoze purchased 45% of the shares of Hong Kong Island Electric, controlled by the Kasemey family, at a price of HK$2.25 billion.
Since then, in the hands of Su Shaoze, HK Electric’s shares have reached 77%.