A man, an enterprising man, in his weak years, through his own hard work and some good luck, shameless! It is obvious that through this golden finger, he can turn the wildest dreams of the past into reality.

My biggest dream in my previous life was to have a net worth of over 10 million, which is indeed an exciting and proud thing.

Lin Zuhui, who has always been cautious and low-key, started in 1987, and his usually serious and handsome face always showed a little relaxation and smile inadvertently.

deep feeling!

"Dongdong"

There was a knock on the door, and Lin Zuhui retracted his thoughts. He was still young and could not live his life resting on his laurels.

The more money, the better, just like my wife and children!

"Boss, it's time for the meeting!" the assistant said respectfully.

"Well, I'll be here right away!" Lin Zuhui said majestically.

After a while, Lin Zuhui walked into the conference room, and nearly 20 senior executives stood up one after another. After Lin Zuhui sat down, everyone took their seats again.

This meeting is a group meeting. The senior executives of New Era Real Estate Department's parent and subsidiary companies attended today's meeting. As for the Sun Company's China Entertainment, Furama Hotel, and Grand Hotel, they are naturally not eligible to participate.

China Entertainment Company: Before the August 7 stock market crash, it would sell properties to China Real Estate and Securities Investment, and then pay off debts. After the August 7 stock market crash, it would sell the entertainment business to China Real Estate, and the company would pay dividends. At this point, Central Entertainment will become a shell company, according to

The market price is at least 50 million yuan. It can be sold to ATV or DreamWorks for listing in the future.

Furama Hotel: Six months after the August 7th stock market crash, it will be privatized with the Lin family and will be directly managed by Cathay City. Note: The privatization was carried out at the highest price in the past six months, so it will be six months after the stock market crash.

If you pay a premium of 20%, you will succeed easily.

Grand Hotel: The war of words between the two sides continues, and Cathay City has not yet launched a new offensive.

The content of the meeting is very simple. Each company reports on its work and raises any problems it encounters, and everyone discusses it together.

Finally, Lin Zuhui concluded: "It seems that everyone thinks that the biggest problem is in Cathay City. The problem is that the net profit is not enough to pay the interest! As for New Era Real Estate and Chinese Real Estate, although their debts are high, their asset values ​​are also high, so

Both are only more than 40%, and the profit prospects are huge, so there is no need to worry about interest and net profit."

New Era Real Estate's internal asset value is estimated to be 7.5 billion, with debt of 2.7 billion. The debt ratio is less than 40%. The company's development real estate profit is expected to exceed 500 million this year. Add in the net rental profit, and the scale will be stable at 600 million.

The asset value of Chinese Real Estate is 6.2 billion, and the debt is 2.6 billion, which is only a little over 40%. The company's current net profit from rentals is conservatively at 300 million a year, which is enough to repay the interest of 260 million. And once the twin towers of Huazhi Center are put into use, the rent will continue

The rise will soon reverse the situation and the company will double its net profit.

And the senior executives all know that Chinese Real Estate New Era Real Estate will definitely need rights issues to raise funds and reduce debt holdings. The boss is just waiting for the opportunity.

Only Cathay City has a debt of 2 billion, and its current annual net profit is less than 100 million, which is far from enough for interest expenses.

Everyone nodded. Although Cathay City is the major shareholder of two listed companies, and the market value of the two listed companies it controls is higher than Cathay City itself. The market value of Cathay City is still only 800 million, while the market value of Furama Hotel is 1.1 billion. The big hotel

The market value is 8 billion.

However, due to high debt, Cathay City is not favored by investors. If the shares of the two subsidiaries were not very valuable, Cathay City would have plummeted.

Lin Zuhui nodded and said: "There is no need to worry about Cathay City. As long as the bank does not press for debts, we can turn around the situation in an instant when we are free."

His inner thought is: As long as he persists until September, Cathay City itself has invested 900 million in blue chip stocks and made profits of more than 350 million. The funds withdrawn can instantly reduce the debt by 40% and stabilize the situation. And Cathay Pacific

Backed by New Era Real Estate, the city can raise funds via rights issues and reduce its debt holdings.

The important thing is that after the stock market crash, with the support of the Lin Zuhui family, joint privatization is not a problem and can be avoided as much as possible.

Since the boss has said this, many senior executives are guessing that the boss must have a clever idea, so they settle down.

Liang Zhenxun said: "At present, the short-term development of the three companies has been in place. Next, we must stabilize and concentrate on development."

The company's money and short-term potential have all been used up, and even New Era Real Estate cannot borrow heavily, so it really has to be this way.

Lin Zuhui nodded and said: "It's just temporary. Development will not stop, but we also need a good foundation. So, let's stabilize it in the first half of the year! As senior leaders, you must do your job well.

Pay attention to details, develop properties, collect rents from properties, and maximize your potential. I will supervise you!"

"Yes, boss!"

Cathay City and Chinese Real Estate are all waiting for returns in September, while New Era Real Estate has not invested in securities business and is concentrating on developing real estate. But faced with such a huge debt, Lin Zuhui is naturally mentally prepared, that is, all rights issues will be issued at the end of September

By raising 3 billion, we can survive the August 7th stock market crash.

In his previous life, Li Chaoren originally planned to raise 10 billion through a rights issue for all listed companies before the stock market crash, and also spin off Hong Kong Electric's subsidiary Jiahong Real Estate to go public. However, when the stock market crash hit, about half of the plan was completed.

Lin Zuhui clearly knows the time of the stock market crash, so it is still possible for New Era Real Estate to raise 3 billion from the rights issue.

Of course, New Era Real Estate, the parent company, can raise up to RMB 101.5 billion through rights issues. Lin Zuhui himself can provide the funds through stock pledge loans. The rest is raised from rights issues of Chinese Land and Cathay City. In that case, New Era Real Estate only needs rights issues.

This is considered a simple rights issue. In their previous lives, when Liu and Luo Xurui encountered large-scale acquisitions, they both used Sun's company to raise funds through rights issues and conduct acquisitions. In this way, the funds can be magnified 2 to the third power by 8 times.
Chapter completed!