I Want To Be a Rich Man on Hong Kong Island

He Zuozhi is He Dong's illegitimate son, who was born to a nurse named Zhu Jiedi during He Dong's illness;

Because of his status, He Zuozhi only received 50,000 Hong Kong dollars after He Dong's death;

This is just a drop in the bucket for the huge Ho Tung legacy!

However, He Zuozhi is a talent who graduated from an American university and returned to Hong Kong after all, and he also laid a solid foundation for his internship in a family business at the beginning;

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

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

As a result, due to the low transmission power and unstable signal, the business was light and barely maintained.

In 1959, He Zuozhi contacted Luo Wenhui, member of the Executive Council, a political celebrity on Hong Kong Island, and Sir Tang Shiu-kin to bid for the commercial radio license of Hong Kong Island.

This time it was smooth sailing. Hong Kong Island Commercial Radio was basically a monopoly business, so it made a lot of profits.

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

Speaking of which, when He Dong was alive, he took good care of Wu Guangyao;

It is also impossible for Wu Guangyao to buy and sell by force, so this time he will focus on lobbying.

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

That is, when dealing with Chinese business acquisitions, we must use friendly acquisitions as the standard;

Just like Zheng Yutong in later generations, the acquisition of the company was carried out in a peaceful manner, and unpleasantness rarely occurred.

And Wu Guangyao usually adopts simple violence when dealing with the acquisition of foreign-funded companies!

After all, foreign-funded companies also treat Chinese companies in the same way, such as the hostile takeover of a milk company by Landmark in later generations. …

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 the Shangri-La Hotel at once.

Although the two are political celebrities in the Hong Kong government, they are not as popular as Wu Guangyao. Wu Guangyao has a very popular relationship in London;

So the three of them naturally went happily,

But when the three of them got together, everyone knew that 'Shark Gallbladder' had taken a fancy to Hong Kong Island's commercial radio station.

After everyone sat up, everyone had met several times. After a simple greeting, Wu Guangyao got straight to the point.

"The purpose of my invitation to everyone this time, I believe everyone has certain guesses. Oriental Media Group has developed rapidly in the past two years, so it is very interested in the operation of commercial radio stations in your hands. Now I hope to operate commercial radio stations with you and provide Hong Kong Island Injecting a new vitality into the radio industry!"

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

The three looked at each other, reading the desired information from each other's eyes.

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

At this time, He Zuozhi did not refuse outright, but asked tentatively;

The principle is very simple, when others come gently, you also go gently.

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

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

Seeing Deng Zhaojian rushing to talk, Wu Guangyao was not annoyed, let's talk about business!

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

However, it is easier for KMB to acquire it because KMB is listed!

"Sir Deng, don't worry! Everyone thinks that if the money is low, we can talk about adding more. I believe that everything in the world has a value. What do you think, He Sheng?" Wu Guangyao skipped over 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.

Seeing Wu Guangyao looking at him, He Zuozhi couldn't help withdrawing his excitement, and said seriously: "We welcome Oriental Media Group to take a stake, but Oriental Media can't control the radio station. Sir Wu, please don't embarrass me."

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

In three years, it has increased by more than six times. Isn't this worthwhile?

"It's a little bit embarrassing. Let me tell you the truth. Hong Kong Island Commercial Radio was buried in the hands of the three of you, and it didn't play its due value at all. If we, Oriental Media Group, were to lead Hong Kong Commercial Radio, his value It will be magnified several times, and the benefits you get every year will only increase rather than decrease."

"Everyone, as the saying goes, those who have virtue live in treasures, so a good project should also be managed by capable people."

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

Since Wu Guangyao dared to say that he could manage better, the three of them believed it a little bit!

However, Hong Kong Island Commercial Radio itself has no competitors, and it can be said that it is a business that can make a profit without losing money. Everyone is still a little hesitant when they are suddenly made a major shareholder, even if they are given a lot of money.

Seeing that the three of them did not immediately object, Wu Guangyao immediately added: "Oriental Media Group purchased 51% of the shares in your hands with 2.5 million cash, and invested another 1 million Hong Kong dollars in the equipment, content, and personnel updates of Hong Kong Island Commercial Radio. And strengthening. Ladies and gentlemen, I believe that in the future, although the shares in your hands will be reduced, your income will never be reduced!"

"So, do you have any losses?"

Luo Wenhui and Deng Zhaojian immediately realized that the two of them were not actually running the business, so they could not be said to have lost their leadership;

Now that they can reap a sum of cash and guarantee profits in the future, why do the two hesitate?

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

Luo Wenhui and Deng Zhaojian nodded in agreement at the same time, leaving only He Zuozhi!

You know, Luo Wenhui and Deng Zhaojian are He Zuozhi's backing and political backers. Now that they both agree, does He Zuozhi still have the courage to resist Wu Guangyao, the lion?

Of course not!

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

"As I said, we are a joint venture, and the three of you still enjoy the management rights and can serve as directors of the company; if the management team of Oriental Media Group is not doing well enough, you can bring it up at any time, and we will discuss it later. correct."

Wu Guangyao did not choose to be a dictatorship because he owns 51% of the shares. Although he has some unique tricks in operating the radio station, it is by no means the whole operation;

And listen to everyone's words, the operation will be more comprehensive!

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

A beautiful and friendly takeover battle was easily negotiated in less than a meal, and then it was time for everyone to drink and drink.

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

Oriental Media then dispatched a management team to Hong Kong Island Commercial Radio to carry out a new update on the content and equipment.

And Wu Guangyao will also collect the memories about the radio station in his mind, and make a suggestion and test for a new commercial radio station!