A wealthy family from Hong Kong Island conquers two beauties, four stunning beauties and ten beautie

Chapter 215 Li Jiacheng spits out Hutchison Whampoa!

At this moment, Lin Fei's assistant walked in: "Mr. Lin, I just received a call from Mr. Li Jiacheng, and he wants to ask you to talk about the shares of Hutchison Whampoa and HK Electric Group. "

Lin Fei's eyes lit up: "Is it, Li Jiacheng personally went out?"

"Yes, he hopes to see you soon. "

Zhong Chuhong suddenly asked, "What are your plans for this meeting with Li Jiacheng?"

"Li Jiacheng is a difficult old fox, but I have my hole cards. "

Zhong Chuhong asked curiously: "Hole cards?"

Lin Fei smiled mysteriously: "Soon you will know." "

In Mr. Li's office, sunlight shines through the windows on the delicate carpet.

He is dealing with an elite group of people he has long trusted in the management of Hutchison Whampoa and HK Electric.

"Sir, do you have something important to announce when you summoned us this time?"

The company's chief financial officer, Mr. Zheng, broke the silence.

"Yes, indeed. "

Li Ka-shing nodded and picked up a document: "I plan to transfer a part of the shares of Hutchison Whampoa and HK Electric Group, this is a decision after a long period of consideration. "

"Transfer of shares?"

A round of astonishment rang out in the room.

Mr. Wang, Executive Deputy General Manager, asked, "Sir, is there any special consideration for this?"

"Business is an ever-changing arena, and holding too much can become a burden, and I deliberately turn my focus to other areas with potential in 07. "

Li Jiacheng responded very calmly.

Mr. Zheng continued to ask: "So, is there a target to take over?"

Li Jiacheng replied truthfully: "Yes, Lin Fei, he is interested and capable." "

"To negotiate with Mr. Lin Fei, we need to have a complete strategy and preparation, he is a very difficult businessman to deal with. "

"Of course I do. "

Li Jiacheng flipped through a document on the table: "That's why I hired a team of lawyers to conduct a detailed investigation and preparation, including the legal terms of the share transfer, the potential risks, and the commercial disputes that may be faced. "

"And what about the price?"

"I already have a psychological price point on that, but before the formal negotiations, I would like you to do a full financial assessment, as well as a survey of market acceptance. "

Mr. Zheng nodded in response: "Understood, we will act immediately." "

"This is going to be kept secret until the negotiations are done, and we have to make sure that everything is under our control. "

"Rest assured, sir, everything will go according to your plan. "

In an elegant high-end office building in Central, in an intimate and high-end conference room, Lin Fei and Li Jiacheng are sitting facing each other.

The furnishings are simple yet luxurious, with brass-coloured chandeliers emitting soft light.

A large mahogany table separates the two, and on the surface it doesn't seem to have a special atmosphere, but the air is full of oppression.

Li Jiacheng said: "Since we all know the purpose of today, we might as well be straightforward. "

Lin Fei smiled slightly: "Of course, but before the official start, I would like to ask, why did you suddenly decide to let go of the shares of HK Electric Group and Hutchison Whampoa?"

"Sometimes, business is not just about making money, the times make heroes, sometimes appropriate downsizing is also a development strategy, and my interest has started to shift to other areas. "

Li Jiacheng's face did not have any expression, but every word was very clear.

Lin Fei chuckled: "Well, the development strategy, that's a good point, but I always feel that there must be more stories worth talking about behind this transfer." "

Li Jiacheng put away his smile and glanced at Lin Fei: "You are young and vigorous, brave and strategic, sometimes, it is more important to grasp a good opportunity than anything else." "

"Well said. "

Lin Fei responded, but he understood in his heart that there was some element of Li Jiacheng being forced to be helpless.

Li continued: "Sometimes, knowing how to let go is also a kind of wisdom, and if you grasp it too tightly, sometimes you will lose more. "

"Perhaps, but if you put it too early, you may not have a chance to know what you will lose. "

After the two exchanged pleasantries, they went straight to the point.

"I think the main purpose of our meeting today is nothing more than the transfer of shares in Hutchison Whampoa and HK Electric. "

"That's right. "

Li Jiacheng took out a carefully prepared document: "This details the number of shares I want to transfer, as well as my basic valuation of the share price. "

Lin Fei took the document and skimmed it roughly.

"What you are writing here is to transfer 35% of the shares of HK Electric Group, and 38% of Hutchison Whampoa, which is ......"

"Mr Lam, I think we all know that Hutchison Whampoa and HK Electric Group have a pivotal role in Heung Kong and the whole of Southeast Asia. "

Li Jiacheng opened the conversation: "These two companies have a high degree of asset liquidity and profitability, and their intrinsic value far exceeds the current market value. "

Lin Fei smiled slightly, picked up the coffee on the table, and took a leisurely sip: "You're right, Mr. Li."

But on the other hand, it also means that their growth potential in the future will be limited, after all, the market is already saturated. "

Li retorted: "Growth potential is important, but cash flow and strong financial position are even more critical. "

Lin Fei suddenly changed the topic: "Regarding the cash flow problem, I heard that Hutchison Whampoa has recently faced some problems with tight capital chains, I don't know if this news is accurate?"

Li Jiacheng's eyes sank slightly: "This is a normal capital operation and does not affect the overall profit." "

"Normal capital operation?" (read the violent novel, go to the Feilu Novel Network!)

Lin Fei chuckled: "If my information is correct, this cash flow problem is enough to affect Hutchison Whampoa's credit rating, which will greatly increase the cost of debt." "

Li Jiacheng instantly realized that he was being cornered, he was silent for a moment, and then said, "So, Mr. Lin, at what price are you going to buy these two companies?"

Lin Fei looked at a note handed over by his assistant, and then said slowly: "Considering the balance sheets and future profit forecasts of the two companies, I am willing to acquire your shares in Hutchison Whampoa and HK Electric Group at a price of 60 billion." "

Lin Fei smiled slightly and looked at Qiao Jiakang beside him, who immediately took out another document.

"This is a preliminary agreement prepared by our side, which includes the setting of the procedure for the amount and price of the shares, as well as the rights and obligations of both parties. "

Li Jiacheng's eyes quickly swept over the document, and then nodded.

"I see you mentioned here that if the company's net profit falls by more than 10% within two years of taking over, you have the right to adjust the stock price. "

"It's a risk control mechanism. "

Lin Fei explained: "The business environment is changing rapidly, and such terms can ensure the interests of both parties. "

"Very well, I accept this clause. "[]

Lin Fei said: "Next, I think we should discuss tax issues, and we need to clarify which party is responsible for paying the relevant taxes after the equity transfer." "

Li Jiacheng nodded: "This issue is indeed critical, according to my legal advice here, both of us need to share the tax liability proportionally." "

"Pro-rated?"

Lin Fei frowned: "You mean to apportionment taxes according to the proportion of equity?"

Li Jiacheng responded: "Exactly. "

Qiao Jiakang walked up to Lin Fei and handed him a detailed tax calculation table: "According to our calculations, if we apportionment according to the proportion of equity, we will need to pay about 1.2 billion Hong Kong dollars in taxes. "

Lin Fei glanced at it, and then said, "This number is within my expectations, there is no problem." "

Li then turned to the question of asset valuation: "How should we evaluate the company's assets, and is there any involvement of a third-party appraisal agency?"

Lin Fei smiled: "For this, I recommend that we hire an independent evaluation agency in Switzerland to conduct a comprehensive assessment, and they have a high reputation in Asia. "

Li Jiacheng smiled: "Good idea, I agree." "

Subsequently, the two discussed in depth the legal issues that may arise in the future, especially the issues of compliance and antitrust law.

Lin Fei proposed: "Mr. Li, I would like to add a clause to the agreement on how to deal with the transaction if the transaction is blocked due to anti-monopoly issues. "

Li Ka-shing asked: "Are you saying how the responsibility should be distributed if the deal is not completed?"

"Yes, I think this point should be made clear that if the transaction loses 767, we should have a clear division of liability and compensation mechanism due to antitrust law. "

Li Jiacheng thought for a while: "This is very reasonable, I agree to include this clause, and I think that if the transaction fails due to the anti-monopoly law, both parties should bear half of the legal liability and corresponding compensation." "

Lin Fei looked at Qiao Jiakang, nodded affirmatively, and then said, "Then it's decided." "

The two then added these key points to the final agreement, and then signed them one by one.

Lin Fei finally got into the topic: "So, do you think 60 billion is enough to attract you to sell these shares?"

Li Jiacheng was silent for a while: "This price is acceptable, but I hope to add some additional terms." "

"Oh? "

Lin Fei leaned on the back of the chair with a look of interest.

"I hope that in the next three years, any major decisions involving these two companies will be subject to my consent. "

Lin Fei smiled: "That's just to extend the time of your influence on these two companies, but I can agree." "

"I would like to want to retain the management of certain departments. "

"This can be considered, but it needs to be specific to which departments. "

The two of them went back and forth like this, until the details were finally negotiated.

Li Jiacheng finally stretched out his hand: "Then, we have a deal." "

Lin Fei held his hand tightly: "The deal is established." "

After the equity transfer agreement was signed and sealed, Li Jiacheng and Lin Fei knew that the next procedure was equally important - the transfer of funds and the transfer of shares.

"Mr. Lin, we are now entering the stage of fund transfer, I suggest we use the method of wire transfer, how about it?"

"Wire transfer is indeed the safest and fastest way to do it, I agree. "

Qiao Jiakang took out a bank information: "We will transact with your HSBC through Feilong Development Bank, and Lei Chao has prepared all the processes." "

Li Jiacheng's aide also confirmed: "Our side is also ready, HSBC has been notified and everything is ready." "

Then, the finance teams of both sides began to operate.