Chapter 232 Yang Ming Wants to Acquire and Control the Hong Kong Water Company!
Federal Building.
Office of the Chairman of Imperial Group.
Lin Dezhong had already driven back to the Repulse Bay Mid-level Villa by himself, and Yang Ming had something to do and had to return to the Empire Group.
"Lin Xiuzhi, go and call Meris."
"Yes, boss."
Melis is busy in the general manager's office next door.
In the morning, he knew that the boss had hurriedly came to the Imperial Group, distributed the stock information, and left again.
For more than half a month, he has been working diligently to handle the affairs of the Imperial Group for Yang Ming.
Originally, when the boss came back yesterday, I should have reported to him the company's situation in the past half month.
Melis came to the chairman's office.
"boss."
"Mailisi, do you know what I have gained in the past half month in China?"
reward?
Meilisi didn't know what his boss had gained in the country.
He just heard that the boss actually gave a big gift to the country, donating HK$100 million to the country every year in the name of the Yang Ming Foundation as a national student fund.
This time Yang Ming did return with a full load in the mainland.
Except for calligraphy, paintings and collectibles that cannot be valued.
There are also properties bought in Yanjing.
Melis may not quite understand why his boss would invest in these.
That's not what Yang Ming wants to say now.
"I just went to the Governor's Palace to meet with Mr. Malice. This time it was about the acquisition of Xiangjiang Water Company."
Acquire Xiangjiang Water Company?
"Boss, you want to acquire Xiangjiang Water Company?"
"Yes, the Xiangjiang Water Company may not bring me much profit, but it will play a very important role in my layout and development in Xiangjiang."
"Boss, Xiangjiang tap water is a public welfare undertaking. It really cannot bring much profit. On the contrary, we have to keep investing."
Compared with Xiangjiang tap water, Meris is more optimistic about the Xiangjiang electricity market.
"There are many reasons involved. You will know in the future. Now I ask you to do it. Among them, send people to the Water Supplies Department of the Government-General to negotiate for the acquisition of all the shares of the Water Supplies Department in the Xiangjiang Water Company. I have talked with the Governor-General Mr. Maliho. , Mai Lihao has agreed. In addition, I will ask Tang Yun, the person in charge of the Yanjing office, to contact the relevant person in charge in Yanjing about further domestic water supply to Xiangjiang when there is no problem with Yanjing. , I think you will have to send people to Guangdong Province and the water supply company there to negotiate, including increasing the quantity of water supply, tap water prices, and related contracts. "
This time, Meris was a little surprised.
He originally thought that the boss was simply acquiring the Xiangjiang Water Company.
Unexpectedly, he was also prepared to increase the domestic water supply. If that was the case, in the future, Xiangjiang Water Company, even if the price was restricted, would still be able to bring a certain amount of wealth to the Imperial Group without much change.
"Boss, I understand."
"You need to arrange for people to do this first. There are still very important things to discuss tonight. However, you can meet me at the Repulse Bay Mid-level Villa then."
"Yes, boss."
Mai Lisi also went back first.
For Yang Ming, he is the chairman of the Imperial Group. He makes the main decisions, and the people who implement them are people like Meris.
. . .
Melis returned to the general manager's office.
First, I made a few calls and asked my subordinates to bring over relevant information about Xiangjiang tap water.
Before Merlis acquires a company, he must first understand the relevant information.
Such as the acquisition of Lai's TV station, the acquisition of properties in the Lan Kwai Fong area, and the acquisition of shares in the current Heung Kong Water Company.
Xiangjiang Water Supply Company is not a listed company. In addition to the Water Supplies Department of the Xiangjiang Governor's Palace being the largest shareholder, there are other large and small shareholders.
Now, Mai Lisi has to find out.
Judging from the information collected by subordinates about Xiangjiang Water Company.
The Xiangjiang Water Supplies Department has invested heavily in these years. In addition to the Xiangjiang Water Company's own income, most of it also relies on financial subsidies.
There is still a lot of investment in pipelines, maintenance, reservoirs, etc.
The Hong Kong Governor's Water Supplies Department controls the Hong Kong Water Company, with more than 51% of the shares, and the rest are shareholders such as British capital and Chinese capital, which are basically a few percent.
Because the water company is not a listed company and its profits are not high, the market value of Xiangjiang Water Company is not considered too high.
The current market value of Heung Kong Electric Company is HK$3 billion and that of China Electric Power Company is HK$2 billion.
So now the market value of Xiangjiang Water Company is at most HK$1 billion.
The Xiangjiang Water Company still has a monopoly on all tap water in Xiangjiang, including fresh and salt water.
It is because Xiangjiang tap water is a public welfare public utility. In addition to the fact that the water price has not been increased for many years, it also has to pay a large amount of employee fees, pipeline and maintenance costs.
The Heung Kong Electric Company and China Electric Power have monopolies on electricity in Hong Kong Island, Kowloon and the New Territories respectively.
These two major companies can increase electricity prices according to market conditions, thereby increasing the company's profits year by year.
Historically, after Li Jiacheng acquired Heung Kong Electric, Heung Kong Electric also brought many stable dividends to Li Jiacheng year by year. It was these large sums of money that flowed into major markets around the world, making Li Jiacheng's wealth more and more.
Xiangjiang Water Company?
Why would the boss like it?
Yang Ming didn't say much to him. Merlis always felt that the boss's layout must be different.
After Merisi carefully read all the information about Xiangjiang Water Company, he became more and more surprised. The more he read, the more he felt that Xiangjiang Water Company still has a very promising future.
Before leaving get off work that day.
Let a team of ten of his subordinates temporarily form a team to acquire Xiangjiang Water Company.
These teams will negotiate the acquisition on behalf of Imperial Group and the Water Supplies Department of the Hong Kong Governor's Palace.
As for the total market value of Xiangjiang Water Company, this needs to be discussed between both parties until they are satisfied.
This may take some time.
Originally, Malice wanted to personally lead the team to negotiate with the Water Supplies Department of the Hong Kong Governor's Palace. The boss also said that he would go to Repulse Bay Mid-Levels Villa to discuss important matters tonight.
. . .
17:30 pm.
Yang Ming, Malisi, Lin Xiuzhi, and Tang Shilian came down from the Imperial Group, got into the car, and took the Rolls Royce to the Repulse Bay Mid-level Villa.
While on the road.
Mai Lisi said: "Boss, according to the information I found about the Xiangjiang Water Company in the afternoon, the Xiangjiang Water Company is actually very promising. Now the Xiangjiang Water Company is not listed, but according to the valuation, annual income, and annual profit, it is also The market value is approximately HK$1 billion.”
Yang Ming knows very well that water is actually very profitable.
Historically, there was one richest man in China who was related to water.
"Boss, I have temporarily organized a ten-member acquisition team to hold secret talks with the Xiangjiang Water Supplies Department. The results should be available in the next few days."
Yang Ming has already reached an agreement with the Governor, Mr. Mailihao.
MacLehose also agreed to sell the Xiangjiang Water Supply Company to the Imperial Group, and then the only thing left was for the people from the Water Supplies Department to negotiate with the Imperial Group.
Basically, once the price is agreed upon, there will be no other problems.
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