Font
Large
Medium
Small
Night
PrevPage Index    Favorite Next

Chapter 353 [Its too early to be happy](2/2)

Li Chaoren quickly found a reason for his gaffe just now.

...

In mid-August, the Hong Kong government indeed announced a tender for Kwai Chung Container Terminal 8. Interested consortiums can apply for registration. The bid opening time will be January 5 next year (1990).

The reason for releasing the news in advance is that many factors need to be considered when bidding for a container terminal, and the terminal design plan is one of the important factors. Therefore, during this period, everyone has enough time to come up with a plan.

After the Hong Kong government released the bidding news, International Container and Modern Container revealed to the media that they planned to jointly bid.

For a time, public opinion was in an uproar!

This simply doesn’t give other consortiums a way to survive!

Of course, no foreign consortium is interested in Kwai Chung Container Terminal 8 at this time because the situation is not good.

So everyone’s eyes are on New Era Group because of its investment in land and sea container transport;

Therefore, everyone thinks that Lin Zuhui is preparing for this project.

I just didn’t expect that the number one and number two container companies in Hong Kong would join forces.

Even Lam Cho-fai's allies, New World Development and Henderson, seem to be planning to withdraw.

In fact, for Lin Zuhui, this step has already been calculated.

Because in the previous life, two container companies jointly entered the bid and then divided up the four berths.

Modern Containers is not stupid. If we work with International Containers, we can get half of it.

Therefore, all of Lin Zuhui's bargaining chips are to acquire the 25% stake in European Aviation and British Railways.

With this 25% stake, he doesn't have to worry about Modern Container Terminals not defecting.

...

Lu Donglai hurriedly came to Lin Zuhui's office with a happy face, making Lin Zuhui seem to guess something.

"Boss, European Aviation and British Railways have relented and are willing to sell their shares! However, the asking price is a bit high. They require 2.5 billion yuan to buy 25% of their shares."

If it were the head of another consortium, he might still hesitate, but Lin Zuhui didn't care at all about the 500 million higher than the budget.

"Promise them! Arrange the signing as soon as possible!"

"Okay, I'll contact you right away!"

After Lu Donglai left, Lin Zuhui also stood up and paced around the office.

He didn't feel sad about the 2.5 billion. He could sell it to Wharf in the future for at least 3 billion! As for why he didn't give it to Wharf, it was because this share was originally used to force Modern Containers to defect.

It is impossible for him to develop two container companies at the same time, and the debts in the new era are already giving him a headache. After all, he will not be able to make money in oil futures until the second half of tomorrow.

During this year, if debt continues to rise, the stock price may not be able to rise.

Even now, New Era Group actually cannot afford the 2.5 billion!

Originally there were 10 billion, but Garden Land King and Land Bank purchased the land bank and planned to spend 8 billion;

There is only 2 billion left, plus the 700 million recovered from the sale of Garden Road Diwang's equity, plus real estate profits, the company can only use 3 billion on its books; and it just spent 1.2 billion to invest in Sea and Land Freight, but in fact it is only 1.8 billion

of funds.

In the end, Lin Zuhui decided to let his family investment company acquire 25% of the shares of Modern Containers. As long as the payment is agreed to in three months, the funds withdrawn from the Japanese securities can be put to use.

Thinking of this, Lin Zuhui laughed!

For International Containers and Modern Containers, the "good news" announced too early will be revealed later.

next chapter
Chapter completed!
PrevPage Index    Favorite Next