Reborn as a tycoon in Hong Kong
Chapter 644 Galaxy Financial Building (two-in-one)
When Montor Jackson and others left, Weili checked the time. It was already past three in the afternoon. At this time, it was almost eleven o'clock in the evening in Xiangjiang.
After thinking about it, Wei Li still didn't contact Xiangjiang immediately. Instead, he waited until twelve o'clock in the evening before contacting Xiangjiang. The call was made directly to Lin Baicheng's home.
This time was the morning of the next day. Lin Baicheng came back to spend the night last night and got up early for a run. So when the maid came to tell him that the call was from Weili from London, he immediately stopped exercising and went back to the villa. go.
Wei Li's call was placed in the lobby, and Lin Baicheng went to pick up the phone.
"Wei Li, you are contacting me so late, but you have something urgent to report?"
Lin Baicheng knew that it was early morning in London. If Wei Li waited until the morning in London to contact him, the time in Xiangjiang would be evening. But Wei Li did not wait until the morning to contact him, but contacted him at this time, so the matter was still more important.
"Mr. Lin, the person in charge of negotiations in the Prime Minister's Office today is Mr. Monto Jackson, the chief executive. Mr. Jackson can be said to be the highest-ranking leader in the Prime Minister's Office and a close confidant of the Prime Minister. Today, Mr. Jackson and I negotiated on most of the terms. Agree.”
With that said, Weili briefly explained the details of the negotiation with Montor Jackson.
"In principle, I have no opinion on the issue of debt, but it is best for the acquired companies not to accept too much debt. Wei Li, do you think it is appropriate for us to not accept more than the maximum amount of debt?"
Lin Baicheng had no objections to other terms, as they were within his bottom line.
Weili said what he had already thought of: "Including Bentley Motors, the debt must not exceed 50 million pounds, and as a condition, in addition to policy support such as tax cuts and exemptions for a certain period of time, we also need the Prime Minister The office helps communicate with the bank to reduce the loan interest.”
"The interest on the loan really needs to be lower, otherwise we might as well repay the loan. But if we repay the loan, it means that we are using the cash from repaying the debt to buy future tax exemptions and other taxes. Your team must calculate it carefully. The policy will bring The income must exceed the amount of debt we bear, otherwise we will suffer too much loss."
While Lin Baicheng agreed, he reminded him that Hutchison Whampoa could not suffer any loss.
Weili immediately responded: "Don't worry, Mr. Lin, I will ask the accountant to calculate a value that our company will not suffer losses. If it doesn't work, we will just not agree to bear the debt. I don't think the Prime Minister's Office will insist on it." The company bears the debt.”
"Well, you can take care of this. Anyway, just don't let Hutchison suffer a loss."
Lin Baicheng had no objection. Anyway, he only had one condition, which was that Hutchison Whampoa would not suffer. After all, Hutchison Whampoa has already suffered a lot from this acquisition. It needs to take over several loss-making companies and cannot suffer losses everywhere.
Weili said: "Mr. Lin, in addition to this, Mr. Jackson also made a condition that we must agree to. This condition is a bit embarrassing."
"What do you think."
Lin Baicheng knew that this should be the reason why Wei Li called him late at night.
Weili said: "Mr. Jackson said that regardless of Bentley's current manufacturing plant or the new plant we will build in the future, the location of the factory must be in England and the factory cannot be moved away. We must agree to this condition."
"There is such a condition? Can't we talk about it?"
Lin Baicheng frowned after hearing this. He knew very well how big the domestic market would be in the future. No matter what business he did, he could not give up on the domestic market. Although the domestic market was almost non-existent now, he had to consider the future.
If the factory is located in England, it is true that Bentley Motors can still enter the domestic market, but the cost of the factory in China and in England will definitely be different. Not only the manufacturing cost of the car, transportation also costs money, and transportation time is also a cost.
Furthermore, even if it is simply to facilitate the sales of Bentley brand cars in China, a factory should be built in China, so that domestic officials will give greater support.
Weili replied: "Mr. Jackson said this was the bottom line, but I also said Mr. Lin that you would never agree, so Mr. Jackson said he would go back and report. This matter needs to be discussed carefully."
"Well done, Weili."
Upon hearing this, Lin Baicheng was very satisfied with Wei Li's response, and did not blame Wei Li for taking over, because he would definitely not agree to such conditions.
"This is what I should do. The conditions offered by Mr. Jackson are too outrageous. If Bentley's current manufacturing plant cannot be relocated, then I think it is acceptable. But in the future, all factories will be built in England, which is too much."
Wei Li said what he really thought. Even if he didn't take into account the attitude of the big boss Lin Baicheng, as the chief executive of Hutchison Whampoa, he would still oppose such unfavorable conditions based on his consideration for Hutchison Whampoa.
Lin Baicheng said: "Wei Li, tell me what you think."
"Mr. Lin, let me tell you my humble opinion."
Wei Li agreed and said: "I personally think that if the Prime Minister's Office insists that the company agree to the condition that the factory must be built in England, then we will give up the acquisition of Bentley Motors and look for other investment opportunities."
"If the Prime Minister's Office is willing to make concessions, then the company can accept Bentley's decision not to relocate its current manufacturing plant. However, in order to prevent this condition from becoming a shackles to Bentley, the company needs to set some conditions. For example, if the tax rate in England is too high , or the government is crowding out and suppressing, or a large number of workers are causing unreasonable troubles, etc. If these situations occur, the company can move the factory unconditionally."
"Of course, the conditions at the Prime Minister's Office are definitely more than this, so our new factory can also accept investment in the UK, and under certain conditions, we can accept the condition that the factory not be relocated."
"If that's the case, then there's no problem on my end."
Lin Baicheng immediately expressed his position after hearing this, and then said: "Weili, you can continue to talk to the Prime Minister's Office like this. If the other party has other conditions, you can contact me again. But as you said, if the Prime Minister's Office must ask us If we agree to the condition that all factories be built in England, then forget it and give up the acquisition of Bentley Motors."
If possible, of course Lin Baicheng would like to acquire Bentley Motors, but the premise is that the future development prospects of Bentley Motors cannot be restricted, otherwise it is better to acquire the technology of other car brands.
Even if the conditions in England are the same, as long as Lin Baicheng has money, he is not afraid of not being able to acquire satisfactory car brands and technologies.
"Okay Mr. Lin."
Wei Li responded.
Lin Baicheng said: "Well, if there is nothing else, just come here and you should rest early."
"Yes, Mr. Lin!"
"Good night!"
Lin Baicheng said and hung up the phone.
At this moment, it is already Tuesday morning, March 4th here in Xiangjiang.
After breakfast in the morning, Lin Baicheng went to Galaxy Bank.
Galaxy Financial Group is centered on Galaxy Bank. Where Galaxy Bank is located is the headquarters of the group. Now, the headquarters of Galaxy Bank is no longer in the original small bank.
Just last month, Lin Baicheng injected HK$1 billion into Galaxy Financial Group. The group spent HK$680 million to acquire the Federal Building from Hutchison Whampoa, and the Federal Building was named Galaxy Financial Building as the headquarters of Galaxy Financial Group.
Galaxy Bank, Yum Securities and Galaxy Insurance under the name of Galaxy Financial Group have all moved to the headquarters. Among these three companies, Galaxy Bank takes up the most office space.
The price at which Galaxy Financial Group acquired the Federal Building did not cause Hutchison Whampoa to suffer. However, given the current upward trend in real estate prices, Hutchison Whampoa did not offer a high price, but instead offered a market price. This price is beneficial to both parties. It is said that no one takes advantage and no loss.
Many times, the market price is the market price, and the transaction price is the transaction price.
Speaking of which, when Hutchison Whampoa acquired the Federal Building from Wheelock, it paid HK$885 million for the Federal Building and the International Building. Now the Federal Building alone is sold for HK$680 million, which is similar to the price of the International Building. It must not be lower than this price, which shows that Hutchison Whampoa's investment was very profitable.
When Lin Baicheng asked Hutchison Whampoa to borrow more than HK$2.6 billion to acquire property buildings as investment, now this investment can generate at least 50% profit, which is more than HK$1 billion. And given the current upward trend in real estate, if you sell it some time later, the profit will only be higher.
Arriving at Galaxy Financial Group, Lin Baicheng went to his exclusive chairman's office.
Not long after, Xiang Ping, the chief executive of Galaxy Bank, came to visit Lin Baicheng. Xiang Ping is still the chief executive of Galaxy Bank, and Lin Baicheng has not appointed anyone as the president or vice president of Galaxy Financial Group.
Lin Baicheng will not appoint anyone else to the position of president in a short period of time, but the vice president will be formally appointed. However, Galaxy Bank was acquired at the end of last year and only started operation last year. Lin Baicheng also needs to examine Xiang Ping's ability, so He didn't want to appoint one of them as group vice president too early.
It can be said that Lin Baicheng, the group's vice president candidate, is still under investigation. Not only Xiang Ping, but others also have opportunities.
Xiang Ping took the initiative to come here, not because he had something important to report to Lin Baicheng, but because Lin Baicheng, the big boss, didn't come here often. If he came here once in a blue moon, he would definitely take the initiative to come and see him. This is a rule of survival in the workplace.
"How is Manager Huo's work performance?"
After chatting for a few words, Lin Baicheng asked aloud. The manager Huo he referred to was naturally Huo Yaohua. At his invitation, Huo Yaohua joined Galaxy Financial Group and became the manager of Galaxy Bank, responsible for the bank's expansion in the European market.
When Lin Baicheng invited Huo Yaohua, he was still worried that Huo Yaohua would refuse. After all, he did not ask Huo Yaohua to serve as a supervisor in the bank. Huo Yaohua was previously the supervisor of Standard Chartered in Hong Kong. When he was transferred to the manager of Galaxy Bank, he would never be promoted, or even It also means demotion.
However, regardless of the reason why Huo Yaohua joined Galaxy Bank, Lin Baicheng was very happy. After all, Huo Yaohua had been able to serve as Standard Chartered's chief executive in Hong Kong, and his ability was absolutely unquestionable. Galaxy Bank was currently very short of such senior talents.
"Manager Huo has integrated into the bank. As for his ability, it depends on his future performance."
Xiang Ping replied that he was very wary of Huo Yaohua. After all, Huo Yaohua had been a senior manager at Standard Chartered before and knew his boss, so it was entirely possible for Huo Yaohua to take his place. He would be stupid not to be wary of Huo Yaohua.
"He is responsible for the bank's expansion in the European market, and the headquarters must provide support."
Lin Baicheng reminded that workplace struggles are unavoidable, but only if they do not affect the development of the company.
"Don't worry, Mr. Lin, we will give you our full support."
Xiang Ping immediately promised that he would never do such an obvious act of seeking death.
Lin Baicheng then chatted with Xiang Ping for a while, then asked Xiang Ping to go about his business and asked his secretary to call Yuan Tianfan over.
After a while, Yuan Tianfan came to Lin Baicheng's office.
"Tianfan, sit down."
Lin Baicheng motioned to Yuan Tianfan to sit down across from him and said to him: "Now that the oil price has almost reached 30 US dollars per barrel, the long orders I asked you to operate can be prepared and slowly begun to be shipped."
"Yes, Mr. Lin."
Yuan Tianfan nodded to express his understanding.
Lin Baicheng: "This sale operation must be led by you personally. Therefore, the stock sale work of Hutchison Whampoa will be handed over to Anyuan. As for how to do it, remember to agree with Anyuan." There is no oil futures platform in Xiangjiang, so Yuan Tianfan is asked to lead the team out of Xiangjiang.
"I'll explain it."
"It's up to you to arrange the operation team. Remember to arrange employees you can trust. I will also arrange people here to supervise and ensure that the information is not leaked."
Lin Baicheng directly stated that Minghui would send someone to supervise it. After all, it was a two billion dollar oil futures long order with no less than 100% profit. How could he easily let Yuan Tianfan and others control such a large sum of money.
However, Lin Baicheng's sister Lin Shufang is getting married, so she will not follow him this time. She will only send trusted financial personnel from other companies to follow.
At the same time, Lin Baicheng will also send bodyguards to follow him. He still trusts the bodyguards around him. These bodyguards are all well-informed, and their families are all in Xiangjiang. The possibility of them running away and ignoring their families is very small.
This time the team can actually be divided into three small groups. Yuan Tianfan’s operation team is a small group, the financial staff is a small group, and the bodyguards are a small group. The three parties supervise each other. Unless they unite, there is no need to worry about the funds being swallowed up. This happens.
Lin Baicheng believes that the possibility of a three-party alliance is unlikely. If such a thing happens, he can only be unlucky. After all, there are already trusted cronies watching. He and his family have limited time, and it is impossible to do it every time. Take action yourself or ask family members to supervise.
Yuan Tianfan was not surprised that Lin Baicheng would send someone to supervise this matter. After all, it was such a large sum of money. If there was really no one to supervise, he would actually become worried about problems within the team.
Although Yuan Tianfan is the boss of the team, he is only the boss of their work. People's hearts are unpredictable. He cannot guarantee whether the people under him can remain calm when facing so much money.
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