Entering the voting environment, Gao Yi was also a little nervous. Although Huazhi was privatized this time, the boss said that Huazhi will still be a real estate company in the new era and run independently. Therefore, Gao Yi himself does not need to consider his own future.

The problem.

In the end, 95% of shareholders agreed to the privatization, and thunderous applause broke out in the conference room.

Next, it’s time to officially go through the process.

...

The smooth privatization of Chinese Real Estate was not due to Lin Zuhui's clever methods, but to his good-faith acquisition, so he did not learn from the messy privatization caused by Liu's privatization in his previous life.

After Chinese Land was privatized, the total share capital of New Era Group became 1.322 billion shares, with Lin Zuhui holding 36.6% of the shares. He also has a large number of warrants that can be exchanged for actual shares within three months.

The market value of New Era Group soared to 21.6 billion instantly, ranking first among the top ten real estate companies.

Of course, the original total market value of the two companies was nearly 26 billion, and the total market value of the Hong Kong stock market was equivalent to an evaporation of 4.4 billion.

After privatizing Chinese Real Estate, Lin Zuhui turned his attention to Cathay City Hotel and planned to find an opportunity to privatize it next year.

The market value of Cathay City has been unable to rise, and is currently less than 2 billion, because it has not paid dividends for a long time, its debt is too high, and the hotels it invests in are long-term investments.

Therefore, Lin Zuhui plans to privatize the company through two options at the same time: stock exchange and cash.

It is still a good-faith privatization. Short-term investors can sell the shares at a premium of 20%, and long-term investors can choose to exchange them for New Era Group shares.

After the privatization of Cathay City Hotel, New Era Group is equivalent to having only two listed companies, one is New Era Group and the other is Fuli Real Estate (American Real Estate Investment).

As for the original China Entertainment, it was already in Lin Zuhui’s personal hands.

The reason why Lin Zuhui privatized real estate and hotels was because the dividends of these two companies were about to explode, and the debts were too high.

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