The century-old family began to rise from Hong Kong Island chapter 231

The century-old family began to rise from Hong Kong Island
Chapter 231 Acquisition Of The Hong Kong Island Electric Lighting Company [Seeking Flowers! Ask For
“Can you come up with four billion in cash?” Paul said in surprise.
This is 4 billion Hong Kong dollars in cash, and it would cost 500 million U.S. dollars. Such a large amount of money would not be easy for the Kaisermai family in its heyday.
Can this young man in his twenties really do it?
Facing Paul’s doubts, Su Shaoze chuckled: “Of course, it’s only four billion Hong Kong dollars, is it a lot?”
is it a lot?
Versailles!
Regarding Su Shaoze’s pretending tone, Paul didn’t say anything, but slowly fell into silence.
The Kaisermai family’s main business is concentrated in the real estate industry.
And real estate is the most capital-hungry industry. The Kaisermai family seems to have a huge business, but they have always been burdened with huge bank loans.
Now the Kaisermai family is on the verge of breaking the capital chain, and all the creditors have begun to come to ask for accounts.
Because of Old Henry’s death, the bank was worried that the Kaisermai family would not be able to survive, so they did not dare to continue to lend money to the Kaisermai family.
Now the Kaisermai family’s capital chain is almost broken, and there are 10 problems in all aspects. They have already begun to prepare to sell part of the land and buildings in exchange for cash flow.
But not enough!
Some sacrifices must be made!
Moreover, the real estate company on British Island is the foundation of the Kaisermai family, and all the land in the company’s hands is the best quality.
At this time, if you sell too much, it is tantamount to breaking the foundation.
Even after the Kaisermai family survived the crisis, what was left was a mess, and it would be very difficult to restore it to its original state!
The market has been eaten by competitors!
And Hong Kong Lighting is different!
Hong Kong Island Electric Light Company, far away on Hong Kong Island, belongs to the non-core enterprise of the Kaisermeier family.
Moreover, the return of Hong Kong Island is a foregone conclusion. Sooner or later, the Kaimai family will withdraw from Hong Kong Island.
Therefore, at the critical moment when the family’s life and death are at stake, selling Hong Kong Island Lighting has become the best choice.
But just as Su Shaoze said, there are many people who are interested in Hong Kong Electric, but very few people can get four billion Hong Kong dollars in cash.
Don’t look at the fact that there are many rich people in the world, each worth billions or tens of billions, but it doesn’t mean they have so much cash.
But four billion Hong Kong dollars is far below the actual value of HK Electric.
The old Henry’s bottom line for HK Electric was 7 billion Hong Kong dollars before, but the offer in the initial negotiation was 8 billion Hong Kong dollars.
Although Paul was reckless, he also knew the essentials of negotiation under the influence of his ears and eyes.
Don’t panic, pressure the other party to raise the price a little bit!
“Four billion Hong Kong dollars is only 500 million U.S. dollars, and HK Electric’s value is at least 6 billion Hong Kong dollars!”
“And our transaction method must be all cash, no installment payment is accepted, the contract is signed, and the funds are in place immediately!” Paul said with a serious face.
The lion opened his mouth wide and asked for a fierce price.
But there was a wave of fluctuation in the depths of his eyes, obviously already tempted.
What the Kaisermai family lacks most now is cash.
If there is 400 million US dollars in cash, the Kaisermai family will be able to stabilize to a certain extent immediately.
And if he can bring 400 million U.S. dollars in cash to the family group, then Paul is completely the hero of the Kaisermai family.
The ZTE figure who saved the family from the crisis is fully qualified to get most of the family shares, and then become the head of the Kaiser family.
And Su Shaoze scoffed at Paul’s counter-offer!
“Six billion Hong Kong dollars? You want to fart.” Su Shaoze leaned on the sofa and crossed his legs, and said with a soft snort.
“4.5 billion Hong Kong dollars, there will be no more, this is my reserve price.”
“According to what you said, all cash transactions, contract signing, immediate payment, and settlement on the spot.
Su Shaoze didn’t give Paul face. This guy is obviously well-developed, has a reckless personality, and has no sense of city.
Doing business is far worse than his father!
If it were Old Henry, Su Shaoze might not be able to win HK Electric even if it cost 6 billion Hong Kong dollars.
But for Paul, 4.5 billion, Su Shaoze wants to take advantage.
The actual value of HK Electric is very high.
In less than three years, the market value can directly double [the case broke 100 million Hong Kong dollars!
Seeing that Su Shaoze had obviously lost his patience in negotiating, Paul couldn’t calm down all of a sudden.
4.5 billion Hong Kong dollars, although it did not meet the expectations of the Kaisermai family, but the key is that Su Shaoze paid in cash!
Moreover, it was paid in full on the spot, and there was no statement of repayment in installments.
That’s not what anyone else can do!
And with this money, and selling some other non-core industries, the core business of the Sefan family can be basically stabilized.
You can get over it slowly!
So he gritted his teeth, and Paul nodded directly: “Okay, on behalf of the Kaisermai family, I agree to your request!”
Su Shaoze laughed!
Business done!
HK Electric is about to fall into your own hands!
Get rid of an old Henry and save yourself more than two billion Hong Kong dollars. His death is simply too worth it!
But Su Shaoze still said: “I would like to ask, where is your brother, Mr. Pete…”
#637 I mean I don’t want any controversy with this deal!”
As if his dignity had been offended, Paul immediately said, “Of course there won’t be any controversy. I am the eldest son of the Kaisermai family.”
“Father is gone, I have the final say on the affairs of the Kaimai family!”
I am here to save the Kaisermai family, Paul said in his heart.
“That’s great, we should have a drink to celebrate!”
“Happy cooperation!”
Su Shaoze poured Paul a glass of red wine, touched the glass, and drank it.
As long as HK Electric is in his hands, he doesn’t care what happens to the family!
Moreover, he rather likes Paul, who has a somewhat reckless personality. Being the head of the Kaisermai family must be beneficial to the Galaxy Group.
“cheers!”
Holding his wine glass, Paul showed his white teeth and smiled.
He didn’t have the energy-raising skills of old Henry, and he couldn’t suppress his excitement at the thought of being able to surpass Pete and even completely control the family.
On the second day, lawyers from both sides reached an agreement.
Su Shaoze acquired 45% of the shares of Hong Kong Island Electric Lighting, which is controlled by the Kaisermai family, at a price of 2.25 billion Hong Kong dollars.
Since the hands of Su Shaoze, HK Electric’s shares have reached 77%. .