Chapter 337 335 [Raising an army to question the culprit? ]
Changxin Group
Li Wendi sat on the leather chair with a serious expression, while Zhang Wentao stood, not sitting like he usually did, looking extremely cautious and guilty.
"I kept telling you to be careful and not to attract the other party's attention, but it still ended up like this." Li Wendi let out a long sigh, the ugly look on his face showing no sign of abating.
Zhang Wentao didn't dare to refute. Anyone could see that the boss was angry and he would be scolded if he continued talking.
“How many properties have been acquired now? And where are they located?” asked Li Wendi.
“恩平道一共有36处物业,现下我们已经收购了17处,分别是恩平道2号、4号、6号、7号.完全是按照您当初制定的方案进行的。”张文韬回答说道。
In addition to Property No. 1, the Li family's old nest, there are still 8 properties that have not yet been acquired. Although the Li family will not have much use for these remaining properties, they can completely prevent the Changxin Group from building a modern shopping mall and office building on Enping Road, thereby extending the time for the Changxin Group to recover its investment.
"I have asked my subordinates to buy up the remaining properties at any cost. I don't know how the progress is now, but if everything goes well, we should be able to take over at least half of them." Zhang Wentao went on to add that he would try his best to save the situation, otherwise his position would be unstable.
The current Changxin Group is full of talented people. Except for the boss Li Wendi, no one is irreplaceable. In addition, there are also many people eyeing Zhang Wentao's position and hoping to replace him.
"Since the other party already knows about it, even though they haven't broken up yet, it doesn't matter much. Increase the intensity of the acquisition. The premium can be as high as 100% or even 120%. Sign the contract immediately without any delay." Li Wendi ordered in a deep voice.
"Yes! I will do it myself and ensure that I can acquire the remaining eight properties as much as possible." Zhang Wentao hurried out of the office. This was his only chance to make amends.
Li Wendi was not worried about having a "teeth mark" (feud) with the Li family, but was worried that the project would cost a lot of money and might not be successful, or even put the project at risk of failure.
Soon, the secretary brought a message: Li Mingze, the general manager of Hysan Development Company, came to visit Li Wendi.
Li Mingze's expression was naturally not very good, and he looked like he was going to call someone to task, but Li Xiaohe next to him calmed him down a lot.
By the time the secretary invited the two into Li Wendi's office, Li Mingze's complexion had improved significantly.
"Mr. Li is really good at this. He even put his hands into my house." Li Mingze said with a sneer.
Li Wendi glanced at Li Xiaohe and said with a smile, "Are you two Lis here to accuse me? I have not acquired any property from Hysan Development. Does the Li family owning the property at 1 Yun Ping Road prove that the rest of the properties on Yun Ping Road belong to the Li family? When I acquired the property, the owner showed me proof of compliance."
The unwritten rules of business are unwritten rules and cannot be made public. Although many people assume that the property on Enping Road belongs to the Li family, it is currently in the hands of those owners, so Changxin Group is qualified to acquire it.
Moreover, Hysan Development Company has not issued any announcement regarding the acquisition of the Enping Road property, and there is not even a hint of gossip, so the Changxin Group cannot be considered to be provoking trouble, it will only cause resentment between the two parties.
Li Mingze wanted to refute, but was stopped by Li Xiaohe, who patted his shoulder. "Mr. Li, we are not here to quarrel or question you, but to resolve this matter and come up with a win-win solution. What do you think, Mr. Li?"
"Okay! Lisheng, tell me about your plan first. If it's about withdrawal, you don't have to say it out." Li Wendi said that Changxin Group would never withdraw, after all, this is a commercial building with an area of hundreds of thousands of square feet.
"Mr. Li, can you please stop the acquisition of the remaining properties on Yunping Road? Let Hysan Development take over?" Li Haohe continued, "We can distribute the rights and interests of the building according to the existing land area. If Mr. Li wants to sell this commercial building in the future, he should give priority to Hysan Development. How about that?"
"No matter how the proportions of this building are distributed, we want to take over the management authority." Li Mingze was very angry.
"What if I don't give him management authority? What should Li Sheng do?" Li Wendi was very unhappy with Li Mingze's request. It didn't matter who was given management authority, but he had to have an attitude of discussing things instead of commanding. "Mr. Li, we can talk about management authority later. What do you think of the suggestion I just made?" Li Xiaohe quickly changed the topic back on track.
"It's unlikely to stop now. I can agree to the plan of distributing equity according to the land area." Li Wendi looked at Li Mingze again. The two had met several times. He didn't expect Li Mingze to be so irritable. It might be that he offended the Li family's face.
"The property on Enping Road in Causeway Bay does not belong to your Li family. You only own the property at 1 Enping Road. Just because I have several commercial buildings in Central, do the commercial buildings next to it all belong to me? Others cannot touch it. If they do, it will be a crime." Li Wendi continued to provoke Li Mingze.
"Mr. Li, that's certainly not true. Only some land properties in Causeway Bay belong to the Li family and Hysan Development Company. You misunderstood." Li Ho-wa held Li Mingze's hand.
"Let's follow this statement first. As for the rest of the property management, we will handle it based on our own abilities." Li Wendi picked up the teacup and saw the guest off.
"Okay! We'll each rely on our own abilities!" Li Xiaohe and Li Mingze left.
Unexpectedly, as soon as he sat in the carriage, Li Xiaohe's face became even uglier than Li Mingze's, and he looked like he wanted to eat someone.
"This Li Wendi is really stubborn. You shouldn't have helped him in the first place. If the Electric Light Company acquires the China Gas Company, Li Wendi's plan will fail, and his strength may be greatly reduced." Li Ka-shing punched the chair and said gritting his teeth.
If Li Wendi saw this scene, he would definitely complain, "He is really the descendant of the Hong Kong opium king. No matter how many books he reads, he can't hide his cruelty."
Seeing that Li Xiaohe was furious, Li Mingze calmed down instead and sighed, "China Gas Company has not provided much help to Li Wendi yet. Instead, it spent tens of millions of yuan to get the control."
Over the years, Towngas has only distributed dividends three or four times, each time around 3 million to 4 million yuan (which Li Wendi received), which is not enough to make up for Li Wendi's investment.
"This guy is really bold. First he provoked Jardine Land, then he provoked Swire Group and the Electric Light Company, and now he's provoking us. Isn't he afraid of being beaten up by everyone?" Li Ka-shing said with his eyes wide open in confusion.
Li Mingze shook his head. "Li Wendi is indeed evil. He swallowed up Wharf Holdings a few years ago, which surprised many people. He seemed to have anticipated HSBC's intervention, and took the lead in making friends with the Canadian Commercial Bank and finding a way out before launching an attack on Wharf Holdings."
“The same is true for China Gas Company. Who would have thought that Wheelock would give up such a high-quality asset as China Gas Company in order to develop shipping?”
"We have suffered heavy losses this time. If the news gets out, others will definitely think that the family has declined. Losing face is not a big deal. Instead, we are worried that it will attract the covetousness of others." Li Mingze said worriedly.
Sometimes face and prestige coexist. Without the "prestige", those outsiders may no longer be wary.
The Li family has a lot of assets. If they want to keep all of them and develop them in a timely manner, there is still some pressure. Otherwise, Hysan Development Company would not cooperate with Dachang Real Estate Company.
"Then let's find a way to save our face. We can't deal with Li Wendi for the time being, but that doesn't mean we can't deal with others." Li Ka-shing said in a bandit-like manner.
"Let's wait and see. We still need to keep a low profile and remember what Daddy told us." Li Mingze said.
Apparently, the brothers had agreed that Li Mingze would be the 'good-looking guy' this time.
(End of this chapter)