Legend of Xiangjiang Tycoon - Chapter 532

Originally, Li Zhiwen was optimistic about bringing Culture Oriental Hotel under his command, but he had such ability and plan before.

But it is a pity that when Li Zhiwen, Huo Yingdong and Bao Yugang besieged Jardine Matheson, Huo Yingdong proposed to take the Culture Oriental Hotel.

At that time, Li Zhiwen was already interested in the Kinmen Building and the Milk Company, so Huo Yingdong could only let the Culture Oriental Hotel be brought under his command.

Since the Cultural Oriental Hotel has no choice, Li Zhiwen can only go to other hotels.

This time, Li Zhiwen took a fancy to the Miramar Hotel.

The Miramar Hotel was founded in 1949 for several Spanish priests. It was just a small church hotel to receive clerics who were expelled from the mainland. Later, these people served in various dioceses successively, and the priest hotel was gradually opened to the public, and the proceeds were used as funds for the church.

In 1957, the newly appointed bishop, dissatisfied with his subordinates engaging in the hotel industry, which was contrary to the missionary spirit, ordered the hotel to be sold in a short period of time. The priest entrusted the faithful, Cai Yongxi, to find a buyer.

Yang Zhiyun is from Zhongshan County, Guangdong Province. After the war, he developed in Hong Kong and worked in Dayoujin. Later, the golden number was transferred to Yang Zhiyun and others, and it was renamed Jingfu. The Yang family still operates jewelry and gold accessories, and has more than ten King Fook gold houses in Hong Kong, but it is no longer the main business of the Yang family.

When he learned that the Miramar Hotel was sold, Yang Zhiyun was moved, but Yang Zhiyun didn’t have enough funds, so Yang Zhiyun asked He Shanheng of Hang Seng Bank for help. He thought the price was cheap and agreed to take a stake.

Afterwards, the two found several shareholders and borrowed from Hang Seng Bank to buy the Miramar Hotel. He Shanheng is the chairman and Yang Zhiyun is the managing director.

Miramar Hotel is located opposite Kowloon Park on Nathan Road, Kowloon. It has an excellent location and is full of guests. Yang Zhi went to transform one of the floors into the “Longevity Palace” for performing traditional dramas and juggling.

In the late 1960s, Miramar expanded to more than 200 rooms and went public in 1970. After raising funds through rights issue, Miramar was able to expand. By 1980, Miramar Hotel was a four-star hotel with 1,300 rooms. It was the only hotel among the three hotel blue-chip stocks in the Hang Seng Index at that time. Capital-owned hotels, just this point, we can see the status of Miramar in the same industry.

The other two hotel blue chips are Heungkong Hotel Group and Heungkong Cultural Oriental Hotel Group.

At this time, the Xiangjiang Culture Oriental Hotel was also taken over by Huo Yingdong, hosting a Chinese-owned hotel, and the situation turned sharply.

In August 1981, the consortium formed by the Landmark Group and Chen Songqing’s Carrian Group announced that they would purchase the old wing of the Miramar Hotel for HK$2.8 billion, setting a record for the highest transaction price for a single property in the world.

And more than 20 years ago, Yang Zhiyun and others only spent a few million yuan to buy it. The increase was so huge that it was unbelievable. From this, Yang Zhiyun’s wealth fortune vision was first-class.

After the original property was demolished, a high-level commercial building was rebuilt. Miramar held 7.5% of the new consortium, Landmark held 25%, and Carrian Group was the largest shareholder. By agreement, the building was completed in 1985 as a three-owned rental property.

But who would have thought that the major shareholder, Carrian Group, would be liquidated and suspended, and the chairman of Carrian Group, Chen Songqing, would be arrested and awaiting trial. Miramar only received HK$924 million in cash, and the old wing transaction and construction project had to be aborted, becoming a famous unfinished building.

In February 1982, Yang Zhiyun died of a sudden stroke at the age of 66. Before his death, Yang Zhiyun was famous for his diligence and respected by his peers.

The members of Miramar’s board of directors worked together to make Miramar’s small hotel develop into one of the largest hotels in Hong Kong.

Yang Zhiyun has five sons, they are Yang Bingzheng, Yang Bingliang, Yang Bingxian, Yang Binggang, Yang Bingjian.

Yang Bingzheng, the eldest who used to be a practicing doctor in the United States, is the head of the family business. The family business is divided into three major departments: hotel, real estate and jewelry.

The Miramar Hotel has always been regarded as the family business of the Yang family. Before his death, Yang Zhiyun served as the managing director for a long time, and the chairman was elected by the general meeting of shareholders. The Yang family is the largest shareholder and real power of Miramar.

Can Yang Bingzheng have great authority in Miramar Group like his father Yang Zhiyun?

As the saying goes: “When there is difficulty, it can be dealt with, and the blessing is difficult to share.”

In fact, many facts show that: “Blessings can be shared, and difficulties and difficulties can be shared.”

In 1982, the Xiangjiang issue was on the bright side, making the tourist city of Xiangjiang a sluggish tourist city, and it has continued to this day, but no one knows how long this matter will last, and Miramar’s profitability is not ideal.

On the board of directors, the general manager Yang Bingzheng was criticized by the directors outside the family. He believed that since the Yang brothers took power, the Miramar Group has been in decline.

Yang Bingzheng firmly opposes the sale of Miramar, and tries his best to defend his family.

The group split, and then the family “infighted”. Yang Bingzheng’s younger brother lacked confidence in the future of Hong Kong and also advocated the sale of his ancestral property.

Some senior shareholders of Miramar Group privately approached Li Jiacheng to discuss the sale of the shares in their hands. Li Jiacheng found Li Zhaoji of Henderson Development Company, and wanted to jointly win Miramar Group.

Although Li Jiacheng suffered continuous losses in the hands of Li Zhiwen, he was still a big boss of Heungkong Huazi. Coupled with Li Zhaoji, the situation of double-li cooperation was unstoppable.

On March 15, 1983, Li Jiacheng proposed to acquire Miramar at HK$7.5 per share, which was far from the price of at least HK$10 estimated by Yang Bingzheng, so Yang Bingzheng refused.

The main assets of Miramar Hotel Group include: 1. Miramar Hotel, which is valued at HK$1.5 billion, and its shopping mall is valued at HK$1.5 billion; 2. Shekou Nanhai Hotel, which is valued at HK$600 million; Li Plaza, the first phase of the property is valued at HK$500 million, and the second phase of the property is valued at HK$1.3 billion. The total assets of Miramar Hotel Group are estimated at HK$3.18 billion.

In 1983, although the Hong Kong issue remained unresolved, people were not so panicked. The tourism industry had turned prosperous, and the Miramar Group was optimistic, and its valuation was still conservative. Now the total valuation is only HK$1.5 trillion, which is obviously very underestimated.

However, the Xiangjiang issue has always worried the elders of the group and the Yang brothers, who advocated cash out and leave.

The Yang brothers advocated “marrying while beautiful”. Yang Bingzheng was unwilling to let some veterans of the group join forces with Li Ka-shing and Li Zhaoji to get the Miramar Hotel Group, so he wanted to marry the “beautiful girl” to Li Zhiwen.

In fact, Yang Bingzheng didn’t know Li Zhiwen, but Luo Shaoyong and Yang Bingzheng were close friends before, so they found Li Zhiwen through Luo Shaoyong, and the two-li union became a three-li battle.

It can be said that Li Zhiwen picked up a hot fried dumpling and is currently negotiating with Yang Bingzheng, but Sun Yuanzhang does not know.

Li Zhiwen wanted to buy more than 30% of the shares sold by the Yang family at a price of 8 Hong Kong dollars per share, and then absorb it in the market, so that the holding amount reached 34.8%, which frustrated Li Jiacheng and Li Zhaoji’s wishful thinking.

Gu Ni This level has not broken through the critical point of 35% comprehensive acquisition, and both offensive and defensive benefits. If Li Jiacheng and Li Zhaoji reignite the war, Li Zhiwen will occupy the profit of the largest shareholder, and it is easy to increase the shares to more than 50%, completely defeating Double plum giant.

But Yang Bingzheng’s psychological expectation was ten Hong Kong dollars, which made the negotiation deadlocked.

At this time, Shuang Li was far from reaching the point of threat, but at this time, the Yang family was in strife.

The reason is very simple. The second child, Yang Bingliang, is in trouble.

Yang Zhiyun’s second son, Yang Bingliang, has been managing the Yang family’s real estate companies in the United States in San Francisco and New York since the mid-1970s.

In February of this year, Yang Bingliang, who was in the beautiful country, was swayed by rumors, and the Chinese media, which caused a sensation in the world, attracted more attention than the battle of Miramar Hotel Group.

According to an article in Singapore’s “Lianhe Wanbao” on March 15, 1983, “The court accused the boss Yang Bingliang of a sexual harasser.”

Forty-nine-year-old grandmother-class foreigner female secretary Ji Lisi. She has been married four times and has two sons and one daughter. She first married when she was fifteen years old, before graduating from high school.

“Gillis accused Yang Bingliang of touching her with her hands many times during her tenure, and even asked her to help him button his trousers. Later, she even more aggressively pressed her head against his lower body and touched her with her hands. Her lower body sexually harassed her so many times.

“Gillith’s youngest son Tony (23 years old) also testified in court. Tony was a junior employee of Yang’s company, and the mother and son were fired by the company in January 1982.”

Yang Bingliang denied in court that he had sexually harassed Gillis. Yang Bingliang said that Gillis was dissatisfied with the dismissal, and seeing that he had money, she wanted to blackmail Yang Bingliang.

Yang Bingliang is thirty-seven years old, unmarried, living in a garden house in a high-end residential area in San Francisco, and owns 10 luxury cars.

The local Chinese newspaper said that as rich as Yang, he is considered a rich man in the United States. If Yang Bingliang loves white women, there are young and beautiful girls for Yang Bingliang to choose. If he pursues a half-old mistress for four years, Kind of funny indeed.

In 1975, Yang Bingliang was in love with Heung Kong supermodel Zhang Tianai for more than two years. After breaking up, it was reported that Yang Bingliang was dating singer Jenny.

Yang Bingliang wanted to marry Jenny on the condition that Jenny bid farewell to the music scene, but it failed.

Chen Ji’an, a Chinese lawyer practicing in San Francisco, said: Cases of female employees and lawyers demanding huge compensation from their bosses are increasing year by year in the United States. In a recent sexual harassment case, the boss lost the case and the female secretary was awarded $7.17 million, prompting many people to use this trick to make a fortune.

Chen Ji’an pointed out: There are only two parties in the sexual harassment case, one plaintiff and one defendant, and it is difficult to have evidence to prove which party is telling the truth. The boss is Chinese and rich. In the United States, a country headed by a white jury, a Chinese boss will be at a disadvantage. Juries tend to sympathize with women because of their prejudice against minorities.

The Beautiful Country Chinese Newspaper believed that Yang Bingliang would lose the lawsuit and go bankrupt nine times out of ten.

So from this point, it can be seen that in a beautiful country, you can do whatever you want without having money.

And because of this incident, Yang Bingliang wanted to sell the shares of Miramar Hotel Group, and then left Hong Kong and Beautiful Country to settle in Australia.

In this way, there is a discrepancy with the idea of ​​eldest brother Yang Bingzheng, so the Yang family at this time is not of one mind.

Therefore, Li Zhiwen is not in a hurry. Of course, it is difficult to acquire the shares of the Miramar Hotel Group from the Yang family at the price of eight Hong Kong dollars per share, but it will never reach ten Hong Kong dollars per share. Li Zhiwen has time.

So this is also the reason why Li Zhiwen did not agree to Sun Yuanzhang’s new hotel.

The next report was on Kirin Securities, and Liang Botao said, “Boss, my colleagues, Kirin Securities acquired Hutchison Whampoa Group, Dairy Company, Kinmen Construction, Lai Sun Group, etc. last year.”

“Kylin Securities currently holds shares in Jardine Matheson, Landmark, Cheung Kong, Wheelock, Swire Group, Standard Chartered, HSBC and other companies.”

“In addition, the company has a total of three funds, one of which is aimed at employees within the group. The total fundraising of this fund is 300 million Hong Kong dollars. Although there is no entry threshold, everyone’s minimum investment share is also 100,000 Hong Kong dollars. This fund The rate of return is around 15%.”

“One of the funds is aimed at the wealthy class. The total fundraising of this fund is 500 million Hong Kong dollars, and the entry threshold is 1 million Hong Kong dollars. The return rate of this fund is about 14%.”

“The last fund is aimed at the middle class in Hong Kong. The total fundraising of this fund is 200 million Hong Kong dollars, and the entry threshold is 50,000 Hong Kong dollars. The return rate of this fund is about 10%.” Liang Botao said.

Li Zhiwen nodded, expressing his understanding.

In fact, the fund for the internal employees of the group is a benefit for the employees of Li Zhiwen~www.mtlnovel.com~ After all, everyone in Hong Kong invests in stocks. If you discuss stocks with the aunt who sells vegetables on the street, she can call you ugly. Come here.

Therefore, once this internal fund was launched, it was snapped up by internal employees, and the share was not small.

One is because Li Zhiwen’s treatment for his company’s employees is not bad, otherwise not everyone can give up 100,000 Hong Kong dollars, and the other is because of the terrifying record of Kirin Securities, it can be said that he has never lost, plus his own boss This is the reason why internal employees believe in Kirin Securities.

Seeing that no one was speaking, Liang Boxao continued: “Currently, we, Kirin Securities, have offices in the New York Stock Exchange, the London Stock Exchange and the Tokyo Stock Exchange.”

“One is to understand the local stock market trend more quickly. After all, the Hong Kong stock market is more and more affected by the international stock market at this time. It is said that Wall Street is a barometer of the economy of a beautiful country, and the economy of a beautiful country has a great impact on the global economy. .”

“Secondly, as the business scope of the boss is getting bigger and bigger and spreads all over the country, the design office can also respond quickly, and don’t miss a good opportunity.” Liang Boxao said.

“What Bo Tao said is very reasonable, and it should be done.” Li Zhiwen said.

“Yes, Boss, so far, Kylin Securities has made a profit of HK$723 million for the whole year.” Liang Boxao finished and closed the folder.

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