Chapter 309 [The most popular business tycoon](2/2)
Therefore, New Era Group can only raise funds through the issuance of bonds and rights issues.
In this way, New Era Group can raise more than 2.7 billion (12.3 15)!
Of course, the land in Wan Chai is commercial land and is expected to be able to build a super-building with an area of 1.4 million square feet. It cannot be completed by a single company of New Era Group.
Moreover, it is a rent-collecting property, so Chinese property owners have to be involved.
The current market value of Chinese Land is 10 billion, and it can raise 1 billion through rights issues. The debt of Chinese Land is only 2 billion, and it can raise another 1 billion in debt.
In this way, Chinese Real Estate can raise 2 billion in funds. After New Era Group's rights issue to Chinese Real Estate, there will be 2.2 billion left.
The two companies have a cash flow of 4.2 billion, which can guarantee that the land king will not be lost!
Thinking of this, Lin Zuhui nodded with satisfaction!
If 3.5 billion can be used to acquire this land, then the debts of the two companies will not increase, but will all be raised through bond issuance and rights issues.
As for the development plan for the first quarter of next year and the plan after the collapse, he will formulate it in advance based on the situation early next year.
In short, during this wave of opportunities, he will focus on real estate; while during the August 7th stock market crash, he will focus on securities.
next chapter
Chapter completed!