Of course, this is not the reason why Lin Zuhui is not calm.

But Yongan Group (listed company) controls Yongan Company (listed company), and the property value of the two companies is as high as more than 5 billion yuan; this piece of fat is so big that Lin Zuhui, a person who likes "hostile acquisitions", almost

I want to go out again.

The properties owned by the two companies include: Wing On Center (Central District), Wing On Building (Central District), Wing On Life Building, Wing On Plaza and the shopping mall of Nanyang Center (Tsim Sha Tsui East).

The market value of Wing On Center is worth HK$2.7 billion (600,000 square feet, with an estimated floor price of NT$4,500 per square foot). Together with the two medium-sized buildings in Central and the two shopping malls in East Tsim Sha Tsui, the value is around HK$5.5 billion.

The total share capital of Yongan Group is 181.5 million shares, the stock price is only 7 yuan, and the total market value is less than 1.3 billion (the 5.5 billion property is not owned by Yongan, a listed company, but also includes its subsidiary Yongan Company).

Lin Zuhui was thinking that as long as he controlled Yongan Group, even if the price was doubled, it would be very cost-effective. After all, it would also come with a subsidiary company - Yongan Company!

Yongan Group can earn hundreds of millions per year even by collecting rents. The reason why the market value is so low lies in Yongan Department Store. Under the attack of supermarkets and Japanese department stores, Yongan Department Store continued to bleed and suffered serious losses. Not only that, Yongan Group's subsidiaries also

There are Yongan Life Insurance, securities, and bank investments, all of which are big losers.

Some media use the term "not doing anything" to describe Yongan Group, because doing less means less losses; not doing anything, relying entirely on rent, depositing funds in the bank to earn interest, buying HSBC and Land stocks, is better than trying to do everything, everywhere

It's better to hit a wall.

After analysis, Lin Zuhui felt that even if he came out, it would be difficult to acquire Yongan Group.

Because the Guo family's business management group controls 41% of the shares, the Guo family on the board of directors holds 2% of the shares, and the remaining third generation of the Guo family who is not on the board of directors should also control some stocks.

A 25% stake in Singapore's Huayin Holdings is totally within reach;

It is not impossible for peripheral members of the Guo family to sell the stocks to themselves at a high price. After all, the Guo family has some internal strife.

If he had 2 billion in cash, he could give it a try!

If successful, Yongan Group's banking, insurance, securities, and department stores will be packaged and sold to the Guo family, allowing them to inherit the ancestral business.

And he was originally interested in those high-quality properties, which was a rent-collecting property in Central with a total of 900,000 square feet, and two shopping mall properties, which made people drool after seeing them.

In the end, Lin Zuhui held back!

Firstly, it is difficult to succeed in this matter, secondly, I have no money, and thirdly, I don’t want to attract notoriety.

Calling Li Hao, Lin Zuhui said: "Close some blue chip stocks and buy shares of Yongan Group. Don't buy too much, almost three or four points. Don't alert the snake, buy in batches!"

"Okay, I will complete it bit by bit by exchanging shares for buying!"

"Well, if we sell it here, we'll buy it here!"

next chapter
Chapter completed!