Chapter 379 Tokyo Raiders

Chapter 379 Tokyo Raiders
Early in the morning, Shao Weiming walked out of Shao Yifu's office in a daze.

After returning to his office, Shao Weiming sat at his desk in a daze.

what's the situation?
The old man must have gone mad so early in the morning.

He actually said that he would transfer all the power of Shaw Brothers Films and cinema chains to him?

The most important thing is that Fang Yihua did not even stand up to object.

In the end what happened?
As soon as Shao Weiming returned to the office, the phone on the desk rang.

"Hey"

"Abe"

"Okay, I'll be there right away!"

Hearing that the call was from his third uncle, Shao Weiming immediately rushed to Shao Renmei's home.

"Your father should have told you today, right?"

On the sofa, Shao Renmei took a sip of herbal tea, then said to Shao Weiming with a smile.

Shao Weiming was a little surprised: "Uncle, do you know?"

"Sign the agreement on the table."

"It's signed. I'll tell you what's going on!"

Shao Renmei said with a smile.

Shao Weiming picked up the document on the table curiously, then took a look and his expression changed.

"Uncle, this?"

"Sign it first, and I'll tell you slowly."

Shao Weiming hesitated for a moment, but still signed his name.

"Go back and take the agreement and your lawyer to Oriental Land and find Bao Zeyang!"

"Bao Zeyang?"

"Is he the one who bought the Landmark Company?"

Shao Weiming asked in surprise at this time.

"Yes, Bao Yugang's nephew. He is a business genius."

"It's all thanks to him that your father can hand over Shaw Brothers to you today."

After that, Shao Renmei told Shao Weiming about the Zhejiang businessmen gathering two days ago.

From this, Shao Weiming finally understood what had happened today.

So it was because Bao Zeyang wanted to acquire Shaw Brothers Cinemas that my father and third uncle transferred all the shares of Shaw Brothers Films and the cinema chain to him?
"He wants to invite you to continue to be the head of the theater."

“But your father and I feel that if you only use Shaw Cinemas, your say in the company will be too limited.”

"So, we also let you sell Shaw Brothers, but your father separated the Clearwater Bay Studios."

"This is the largest filming base in Hong Kong Island and the foundation of our Shaw Brothers. I have discussed with your father about separating it and running it independently in the future."

Of course, the most important thing is that Run Run Shaw took into consideration that TVB also needed a film and television base, so the Clearwater Bay Film and Television Base could not be handed over to Run Run Shaw.

"Pick a time and go talk to Bao Zeyang to see how many shares you are willing to sell to him. You two can negotiate between yourselves."

"Since he wants you to help him run the theater chain, I think he won't be aggressive during the negotiation."

"Besides, you two are of the same generation, so it's good to get in touch with each other."

Shao Renmei spoke gently to Shao Weiming at this time.

Seeing that Shao Weiming was still thinking, Shao Renmei said seriously: "Weiming, don't underestimate Bao Zeyang."

"In my opinion, this nephew of the Bao family is very special. His vision is different from that of ordinary people."

"This can be seen from his acquisition of our Shaw Cinemas. I didn't expect that he would convince me so much, and even use you as a card without you knowing it."

"I couldn't understand why he was able to acquire the land."

"The Hong Kong Land Company had been prosperous in Hong Kong for so many years, but in the end, it fell into the hands of a young man like him. It's unbelievable to think about it."

“But now it seems that he may have used the same means to put Jardine Matheson in trouble.”

"Otherwise, Jardine Matheson would not have let go of Hutchison Whampoa so easily. The speed of the transaction between the two parties exceeded everyone's expectations."

"So, I support you in contacting him, and even cooperating with him to see if you can continue to expand Shaw Brothers' film business!"

"I understand!"

Shao Weiming nodded, thinking about something.

Meanwhile, at Landmark headquarters.

“Is this karaoke?”

Li Changhe looked at a square box with a microphone on the table and was a little surprised.

Wei Li nodded: "Boss, I checked in Japan, and this is the only one they can sing over there."

"Many people on the street put coins into the machine and then sing with the microphone. There is no patent for this thing and there are many manufacturers. It feels not much different from the big stage in Hong Kong Island."

Wei Li frowned and said at this time.

Li Changhe nodded after thinking about it. This thing was different from the KTV he had imagined.

If it is just a player like this, it will not be very attractive to young people.

"I'll study this thing later!"

"Let's talk about something else first."

"The property over there, is there any chance we can get in?"

Li Changhe asked curiously at this time.

Wei Li nodded: "Boss, I've checked it out. Theoretically, we can get in, but in reality, it doesn't make much sense for us to get in."

"How to say?"

Li Changhe asked curiously at this time.

Wei Li said seriously: "I have hired a senior Japanese real estate company to learn about it. At present, the real estate in Japan is actually very prosperous."

"The urbanization rate of Japan as a whole has exceeded 75 percent, and the core plots of land have basically been acquired by major financial groups."

"In Tokyo, there are two companies, Mitsubishi Estate and Mitsui & Co., which own large tracts of land. There are also real estate companies from conglomerates such as Sumitomo and Fuji that are expanding."

"Even if we go there, we will face a situation where there is no land to buy!" The high-quality land has basically been taken by major real estate developers. Even if Swire Properties goes there, it will be difficult to acquire land in core cities such as Tokyo and Osaka.

"That's it!"

Li Changhe sat there thinking and didn't say anything.

He knew that Japan's housing market would explode, but that would have to wait until after the Plaza Accord in 85. He really didn't understand the housing market before 85.

It now seems that the Japanese have already divided up all the fat in their own country.

"Boss, if we really want to get involved in the Tokyo real estate market, there is a chance, but the profit may not be as high as we think!"

Wei Li spoke to Li Changhe again at this time.

Hearing this, Li Changhe looked at Wei Li with a smile: "It seems that you didn't gain nothing this time, tell me!"

Wei Li nodded: "Boss, it's a bit difficult for us to get in by ourselves, but if we cooperate with the local real estate company, then I think there is still a chance."

"I met with Chairman Misugi Misugi, the chairman of Mitsubishi Estate, in Tokyo. I talked to him and he was very interested in cooperating with us."

"Mitsubishi Estate is located in the Marunouchi area of ​​Tokyo. It inherited a large piece of land with many properties that are aging. Mitsubishi wants to demolish and rebuild."

"But if Mitsubishi Estate were to do it all by itself, firstly, it would cost them too much money, and secondly, their construction time would be very slow."

"So, Mitsubishi is interested in cooperating with us, using the funds from Hong Kong Land and Gammon Construction Company to speed up their plan to renovate Marunouchi."

"In return, Mitsubishi will give us a portion of the floor in the new commercial building!"

Wei Li said seriously.

Marunouchi in Tokyo is the headquarters of Mitsubishi Estate. It is right next to the Japanese imperial palace and large tracts of land are owned by Mitsubishi Estate.

Marunouchi is equivalent to the Central urban area of ​​Hong Kong Island, and Mitsubishi Estate's control over Marunouchi is similar to the control of Hong Kong Land over Central today.

Unlike Hong Kong Island, many of the buildings in the Marunouchi area controlled by Mitsubishi Estate are aging. Mitsubishi Estate wants to demolish and rebuild some of the original old buildings into skyscrapers.

In this way, both the held area and the newly collected property rent will be greatly increased.

However, this plan would be quite difficult for Mitsubishi to carry out alone, both in terms of funding, manpower and material resources.

Mitsubishi does not want to cooperate with other domestic real estate companies. After all, in essence, the major chaebols are competing with each other.

Then Wade-Giles represented by Hutchison Whampoa appeared and gave Mitsubishi some inspiration.

They can cooperate with Landmark Land and use its resources to rebuild Marunouchi, and in the end, they only need to give Landmark Land a portion of the floors.

The ownership of the land still belongs to Mitsubishi.

Wei Li previously thought that this was meaningless, but seeing that Li Changhe seemed to attach great importance to Japan, he spoke out again.

"Promise them, Wei Li, we will first use Mitsubishi's relationship to gain a foothold in Tokyo, and then we can expand outward."

Li Changhe said seriously at this time.

Wei Li was a little puzzled when he heard this.

"Boss, we don't have suitable land to expand to, unless we go to those small towns."

Wei Li had to give a kind reminder.

Li Changhe smiled and said, "No, we do!"

"Wei Li, let's go over there and change our thinking. Instead of doing residential and commercial real estate, we can do another kind of real estate."

"another?"

Wei Li was a little confused. If not commercial and residential, what else could he do?
"Don't be in a hurry now. Let's cooperate with Mitsubishi first and gain a firm foothold there."

Li Changhe said with a smile at this moment.

"Boss, how much money should we transfer? Although we still have some money in our account, we also need to run our own real estate project."

"And you're also going to build an urban commercial complex in Causeway Bay. How much money should we give?"

"In addition, Hong Kong Land also needs to buy back shares in Hong Kong Electric, and the supermarket reform you mentioned also requires money."

Wei Li kindly reminded Li Changhe at this time, in fact he was telling Li Changhe that Zhidi didn't have much money left.

"In this way, I will continue to buy back HK Electric's shares in the market. The cooperation with Mitsubishi will also be that Hong Kong Land will register a company and I will invest 200 million US dollars!"

Li Changhe said decisively at this time.

Why do we have to cooperate with Mitsubishi to make money?

Putting aside other things, as long as funds enter Japan now, even if nothing is done, once the yen appreciates, 200 million US dollars will become 400 million!

What's more, there is the real estate premium and the benefits brought by the snowball effect of real estate loans.

As for funds, he really has no shortage of them. His current expenditure is limited to the expenditure of less than 2.5 million US dollars from Jardine Matheson (half of it is paid first), and the rest will have to wait for three years.

He prepared 1.5 million US dollars for the country, but Bao Yugang bought back the shares of Hutchison Whampoa and gave him another million US dollars.

In addition, the previous acquisition of Hutchison Whampoa cost about 3 million US dollars from Manhattan Bank.

Even if the 6.7 million US dollars from the Bosak Group is added, Li Changhe actually only spent a total of about million US dollars.

In his hands, he still had 5 million US dollars, apart from the million US dollars already deposited by Japan.

So whether it is acquiring Hong Kong Electric or continuing to transfer funds to Japan, Li Changhe has enough money.

After hearing what Li Changhe said, Wei Li couldn't help but be shocked.

How much money does my boss have?

The acquisition of HK Electric costs about HK$10 billion, which comes down to US$1.8 million, if we add the US$2 million going to Tokyo.

In other words, Li Changhe can still come up with nearly 300 million US dollars in one go.

Is this too much?
Could the Rockefeller family leave him so much money?
Or is this money his own?
Wei Li's heart was filled with amazement at this moment, and the slight dissatisfaction in his heart also disappeared.

Mainly because, in Wei Li's opinion, investing in real estate in Tokyo is completely incomprehensible. If a large amount of funds from Swire Properties are really transferred to Tokyo, Wei Li will definitely consider dissuading them.

But now, since the boss wants to use his own money, Wei Li doesn't care at all.

"Boom boom boom!"

Just then, Catherine came over and knocked on the door again.

"Boss, here comes Mr. Shao Weiming, who says he is the head of Shaw Brothers Films and wants to see you?"

"Well, let him come up!"

Li Changhe didn't expect that Shao Weiming would come so soon. It seems that Shao's decision was made very decisively.

(It’s the last day of the month, please vote for next month, let’s see if I can break 10,000!)
 Thanks to book friend No. 222222 of "I am a frivolous scholar" and book friend No. 20221004224856185 "As long as you support it's fine" Zhihe-EB for the reward. I bow in gratitude!

  
 
(End of this chapter)