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Published at 25th of December 2023 05:16:19 AM


Chapter 346: [Friendly acquisition! 】(Ask a monthly pass!)

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Chapter 346【Friendly Acquisition! 】(Ask a monthly pass!)

He Zuozhi is He Dong’s illegitimate son, born to a nurse named Zhu Jiedi when He Dong was ill;

Because of his identity, He Zuozhi was only allocated HK$50,000 after He Dong’s death;

This is just a drop in the bucket for the huge He Dong heritage!

However, He Zuozhi is a talent returned to Hong Kong after graduating from an American university, plus he has laid a certain foundation for an internship in a family business at the beginning;

So it was smooth sailing when I came out to start a business. I made my first pot of gold in the business of foreign goods and made great achievements in trade.

He Zuozhi entered the media industry in the early 1950s, and opened a radio station in Macau with Macau tycoon Luo Bao, the Green Village Radio and Television Station, which serves Hong Kong Islanders;

As a result, because the transmit power is low and the signal is unstable, the business is light and barely maintained.

In 1959, Ho Zuozhi contacted Hong Kong Island political celebrity Executive Council Member Law Man-hui, and Sir Tang Shiu Kin to bid for a commercial radio license on Hong Kong Island.

This time, everything went smoothly. Hong Kong Island Commercial Radio is basically a monopoly business, so it makes a lot of money.

For Wu Guangyao, radio is not as important as TV stations, and Wu Guangyao has no determination to win.

In other words, when Ho Tung was alive, he took care of Wu Guangyao;

Naturally, Wu Guangyao cannot buy and sell strongly, so this time he will mainly lobby.

Furthermore, Wu Guangyao has always had his own style of doing things;

That is to treat the acquisition of Chinese companies, and the friendly acquisition must be the standard;

Like Zheng Yutong in later generations, the acquisition of the company was carried out in a peaceful manner, with very few unhappiness.

While Wu Guangyao's treatment of acquisitions by foreign companies is generally simple and violent!

After all, foreign-owned companies also treat Chinese companies in the same way, such as the hostile acquisition of Dairy Company by later generations of Land.

Because Luo Wenhui and Deng Zhaojian each own 15% and 25% of the shares, Wu Guangyao invited all three of them to the Chinese restaurant of Shangri-La Hotel.

Although the two are political celebrities in the Hong Kong government, they are not as popular as Wu Guangyaohong. Wu Guangyao's relationship in London is very popular;

So the three of them naturally went there happily, but when the three got together, everyone knew that "Shark Bold" had seen a commercial radio station on Hong Kong Island.

After everyone sits up, everyone has a lot of fate. After a simple greeting, Wu Guangyao goes straight to the topic.

“I’m here to invite you all this time. I believe everyone has some guesses. The Oriental Media Group has developed rapidly in the past two years, so it is very interested in the commercial radio management in your hands. Now I hope to run commercial radio with you for Hong Kong Island. The radio industry injects a new vitality!"

What Wu Guangyao said was not a wholly-owned acquisition, but a joint venture. This is both a temptation and a way out.

The three looked at each other and read the information they wanted from each other's eyes.

After a while, He Zuozhi said: "How many shares does Sir Wu plan to acquire, and what is the price?"

At this time, He Zuozhi did not refuse in a word, but asked tentatively;

The truth is very simple. When others come gently, they also go gently.

"2.5 million Hong Kong dollars, how about 51% of the shares?"

"Sir Wu, this is not a joint venture attitude. What is the difference between this and an acquisition?" Deng Zhaojian said first.

Seeing Deng Zhaojian rush to talk, Wu Guangyao is not annoyed, let’s talk about business!

Deng Zhaojian also has a project in his hands, and Wu Guangyao also wants to participate, that is the Kowloon Bus Company;

But KMB just bought a little bit, because KMB is listed!

"Sir Deng is annoyed! Everyone thinks that money can be discussed and added. I believe that everything in the world has a value. What do you think?" Wu Guangyao skipped Deng Zhaojian and asked He Zuozhi.

He Zuozhi not only runs a radio station, but also invests in securities and trade. Money is more important to him than feelings.

He Zuozhi watched Wu Guangyao look at him, and couldn't help withdrawing his heartbeat. He said sternly: "We welcome Oriental Media Group to buy shares, but Oriental Media wants to control the radio station. Please also Sir Wu not to embarrass me."

He Zuozhi's heart is moved because this radio station was bid for 800,000 Hong Kong dollars in 1959, and Wu Guangyao directly gave a valuation of 5 million, which is already a very high price.

In three years, it has more than six times. Isn’t this worth your heart?

"The embarrassment is a bit serious. Let me tell you the truth. The Island Commercial Radio was buried in the hands of the three of you, and it did not give full play to its value. If it is our Oriental Media Group to lead the Hong Kong Commercial Radio, his value If you zoom in several times, your annual benefits will only increase rather than decrease."

"Everyone, as the saying goes, treasures are home to those with virtue, so a good project should also be run by capable people."

The words of Wu Guangyao touched the three of them a lot. It turns out that Wu Guangyao has the title of "God of Management" in the business community on Hong Kong Island;

Since Wu Guangyao dared to say that he could run better, the three of them still believed in a bit!

However, Hong Kong Island Commercial Radio itself has no competitors. It can be said that it is a profitable business. Suddenly becoming a major shareholder, everyone is still a bit hesitant, even if it is given a lot of money.

Wu Guangyao saw that the three did not immediately object, and immediately added: "Orient Media Group used 2.5 million cash to buy 51% of your shares, and then invested 1 million Hong Kong dollars to update the equipment, content, and personnel of Hong Kong Island Commercial Radio. And strengthen. Everyone, I believe that in the future, although your shares will be less, your income will never be less!"

"In this way, do you have any losses?"

Luo Wenhui and Deng Zhaojian immediately reacted at this time. The two were not actually operating in the first place, and it is impossible to talk about losing their dominant power;

Now they can harvest a sum of cash, but in the future they can get the guarantee of profit, so why should the two of them hesitate?

"Okay, I agree!" "I agree too!"

Luo Wenhui and Deng Zhaojian nodded and agreed to the plan at the same time, and only He Zuozhi was left!

You must know that Luo Wenhui and Deng Zhaojian themselves are He Zuozhi's backing, the political backers, and now they both agree, He Zuozhi still has the courage to resist Wu Guangyao, the lion?

Of course not!

"Mr. Wu, I would like to know how the positions of the three of us will be arranged after the Oriental Media Group acquired Hong Kong Island Commercial Radio!"

"As I said, we are a joint venture. The three of you still enjoy the right to operate and can serve as directors in the company. If the management team of the Oriental Media Group is not doing well enough, you can bring it up at any time. correct."

Wu Guangyao did not choose dictatorship because he has 51% of the shares. Although he has some strange tricks in operating the radio station, it is by no means the whole business;

And listen to what everyone said, the management will be more comprehensive!

"Okay, I also agree with the addition of Oriental Media Group! Just as Mr. Wu said, I also hope that Hong Kong Island Commercial Radio will have a better development."

A beautiful and friendly takeover battle can be easily negotiated in less than a meal, and the next is the time when everyone is arguing.

The new shares of Hong Kong Island Commercial Radio are: Luo Wenhui 7.35%, Tang Zhaojian 12.25%, He Zuozhi 29.4%, and Oriental Media 51%.

Orient Media sent a management team to the Hong Kong Island Commercial Radio station to update the content and equipment.

And Wu Guangyao will also collect the memory of the radio station in his mind, and make a suggestion and experiment on the new commercial radio station!

(End of this chapter)




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