Chapter 460 462 [New Version of Dragon and Snake War]

“Mr. Zhang, I haven’t seen you for a long time. You are still as radiant as ever.” Luo Qihong pursed his lips slightly, with a smile on his face.

The person sitting opposite was Zhang Yuliang, the head of a wealthy family in Hong Kong. Although Zhang Yuliang began to transfer the Zhang family’s assets as early as the early 80s, the transfer has not been completed until now, and a small amount of assets still remains in Hong Kong.

Because Zhang Yuliang saw a large number of wealthy businessmen from Southeast Asia and Australia pouring into Hong Kong to invest, he changed his mind and decided not to abandon Hong Kong industries.

In the 80s, Zhang Yuliang acquired Wheelock’s industrial companies in Australia, and after several years of diligent management, he has already gained considerable influence in Australia.

Compared with Luo Qihong, Zhang Yuliang has much more financial resources in Australia, but Zhang Yuliang’s overall strength is much weaker than Luo Qihong.

“Mr. Luo, you’re too kind. It’s just that I’ve lived in Australia for a long time and have recovered some of my health.” Zhang Yuliang announced to the public that he had fallen ill while in Hong Kong.

In fact, Zhang Yuliang was just trying to get away from work. He didn’t want anyone to use family affairs as an excuse to cancel his account, so he wanted to keep a low profile for a few years and let things pass.

The two continued to reminisce about the past, and only got down to business after about 40 minutes.

“Mr. Luo, the market value of Benda International Group is more than 60 billion Australian dollars, and Pang Yalun holds 32% of the shares. Although Benda International is facing a crisis and all shareholders are worried, Pang Yalun still has some prestige and financial resources.” Zhang Yuliang said after taking a sip of coffee.

Zhang Yuliang knew very well that it would be difficult to acquire the things that Luo Qihong had set his sights on, but he still wanted to try harder, just in case Luo Qihong wasn’t so confident.

Luo Qihong smiled and said, “As far as I know, the Pang Yalun family has a lot of investments in the United States, and now most of them are locked up. It’s not that Zhang Sheng said that the financial resources are still sufficient.”

“Mr. Zhang, let’s stop playing dumb. We are old friends and know each other well. Let’s get straight to the point.”

“Okay, since Luo Sheng said so, I’ll just say it directly. Can you give Benda International to me?” Zhang Yuliang said tentatively in a serious manner.

Luo Qihong restrained his smile and said, “Mr. Zhang, Pang Yalun has been doing business in Australia for many years and has very complicated relationships. Your family may not be a match for him with its strength. I brought $8 million in cash this time, plus the Americus Bank agreed to lend me $10 billion. I don’t think Pang Yalun can handle it.”

“What if I insist on Benda International and am willing to turn around and cooperate with Pang Yalun?” Zhang Yuliang threatened.

Zhang Yuliang’s net worth is around HK$120 billion (US$15 billion), which is only half of BenQ International, but he wants to acquire a company with twice the market value. This is really bold.

However, if he turns to cooperate with Pang Yalun, Luo Qihong will also have a headache, because Zhang Yuliang holds a lot of shares in Benda International.

Luo Qihong also felt that it was not worth it if the acquisition of Benda International was successful at a huge cost, as he did not want to mobilize too much capital into Australia.

“Mr. Zhang wants those industries of Benda International. We can discuss it properly. There is no need to let Pang Yalun take advantage of them.” Luo Qihong said helplessly.

Zhang Yuliang smiled and said, “I only want the mining and real estate industries.”

Luo Qihong frowned slightly. He looked down upon Australian real estate. However, mining was very important. If he turned around to acquire other mining companies, it would take a long time to integrate them.

“I also want the mining industry and the vineyard industry.”

Zhang Yuliang’s eyes deepened. “Why not split the mining industry into two parts, and let you, Luo Sheng, manage Benda International.”

“Mr. Zhang also knows that there are only a few high-quality industries under Benda International, such as mining, real estate, television and broadcasting, and vineyards. It doesn’t seem appropriate for you to take away the two most important ones at once and leave some scrap metal behind.” Luo Qihong laughed and said, “Why not separate the real estate and mining, one for each of you, Mr. Zhang, you choose first, how about that?”

Penda International’s real estate properties are located in the two largest cities, Sydney and Melbourne. It is one of the largest real estate developers in Australia and is still very attractive.

Zhang Yuliang is a real estate tycoon, so he would definitely want to go back to his old business and return to his familiar field.

“Mr. Luo, why don’t we cooperate, just like John Madden and I did back then?” When the two of them partnered to run Wheelock & Company, Zhang Yuliang gained the real estate and John Madden gained the reputation.

“No problem! But Mr. Zhang will be responsible for the operation of Benda International, and I will be the major shareholder.” Luo Qihong said.

Luo Qihong has never been someone who wants fame. How can he be worthy of his status without the interests of the big boss?

Hearing this, Zhang Yuliang’s face darkened. He didn’t want to be ‘John Madden’.

“Since Mr. Zhang is unwilling, we should divide up Benda International. I can just take the mining industry.” Luo Qihong is most interested in Australia’s mineral exports.

As for the vineyard, it can be acquired later, there is no need to lose sight of the main goal.

Zhang Yuliang thought for a long time before he looked up and responded, “Okay, all of Benda International’s mining companies will belong to Luo Sheng, and I also want to give the textile industry to Luo Sheng.”

Hey!
What a garbage industry.

Luo Qihong shook his head and said, “If Mr. Zhang doesn’t want the textile company, he can take over Benda International and sell it. I have no experience in this area, so I’d better not get involved.”

Zhang Yuliang couldn’t get tough and could only nod.

Then the two discussed how to carry out the acquisition plan.

According to Luo Qihong’s vision, the Luo family will develop businesses in mineral exports, vineyards, electricity and telecommunications in Australia. As long as these four industries develop, a top Chinese family in Australia will emerge.

Although Australia has a population of less than 2 million, the population is concentrated in large coastal cities, especially Sydney and Melbourne, and the monopoly industry business is still quite profitable.

Since the Luo family is very weak in Australia, Luo Qihong had to stay here in person and make a timely decision to avoid delaying the acquisition of Benda International Group.

Zhang Yuliang got the lion’s share of the benefits, so naturally he would take the lead, while Luo Qihong would hide behind to assist.

At first, Pang Yalun did not think that Zhang Yuliang could succeed in the acquisition. When he learned that Hong Kong’s richest man Luo Qihong was behind the scenes, he went to Zhang Yuliang to make peace. Zhang Yuliang and Luo Qihong already held 41% of the shares, so how could they give up easily?

However, relying on his status as a local boss in Australia, Pang Yalun disagreed with the cooperation method proposed by Zhang Yuliang. In fact, Pang Yalun was in favor of being a “John Madden”, but it was difficult for him to accept the splitting of the mining company.

After all, the mining company is one of the group’s main businesses. Once it is lost, Benda International will no longer be Benda International.

A new round of acquisition wars broke out, and the Australian newspaper headline “Hong Kong forces invade Australia” attracted the attention of the Australian business community.

They are all afraid that Hong Kong forces will start to snatch their profit margins in Australia, or even exclude them.

Luo Qihong’s whereabouts were quite secretive, and Zhang Yuliang was active in Australia, so the reporter stopped him for an interview.

The momentum of the acquisition war is no less than when Li Mingzhi and others moved to Hong Kong and acquired several listed companies.

Pang Yalun was not someone to be trifled with. He was forced to use his previous connections and borrow $3 million from the bank, while also mobilizing the Australian media to build momentum for him.

But it was all too late, because at this time Zhang Yuliang and Luo Qihong already held 45% of the shares of Benda International, which was almost half, but Pang Yalun still did not give up and changed the purchase price almost every day.

In just half a month, the share price of BenQ International Group rose by 80%, and its market value exceeded 100 billion Australian dollars (50 billion US dollars), making it one of the top five companies in Australia by market value.

(End of this chapter)