Rebirth of the Strongest Tycoon

Chapter 235 36.7 million Hong Kong dollars

Two days later, Ma Tengdong handed over the investigation report of Minghong Toy Factory to Xia Yu.

After reading it, Xia Yu raised his brows, it seems that the acquisition value of Minghong Toy Factory is not bad!

Minghong toy factory owns the land, and the machine has just been updated, and is preparing to make big strides.

Now Minghong Toys Factory is in a deep quagmire, the toys it produces cannot be sold, the entire factory stops operating, and the bank frantically collects debts.

The owner of Minghong Toy Factory has already planned to stop the loss and exit, because if it continues like this, it will go bankrupt sooner or later, and then there will be nothing left. It is better to admit it quickly and find a way to stop the loss and recover some money.

The entire Minghong toy factory includes land, plant and machinery. The total assets are about 5 million Hong Kong dollars, of which the land assets account for the vast majority, but the accumulated debts owed to the bank are 4 million Hong Kong dollars, and the net assets are only 1 million Hong Kong dollars. , and now 158 employees are still owed a month's wages without payment.

If it continues to drag on, the bank's interest will be higher and higher, the assets will shrink day by day, and when it goes bankrupt and liquidated, you won't get a dime.

"In this way, the acquisition value of Minghong Toy Factory is good!"

After Xia Yu read it, he muttered with a smile.

"Yes, boss, I asked someone to analyze it. It is indeed suitable for acquisition, and the price does not need to be very large. The price is completely guaranteed to be below one million Hong Kong dollars. The acquisition cost is small and the effect is quick."

Ma Tengdong nodded in agreement.

The acquisition of Minghong toy factory now is completely robbery. This fire is caused by themselves on the one hand, and it is released by the bank on the other hand.

Banks are cold-faced and ruthless. They like to push hard when others are not short of money, and fall into the trap when others are in trouble.

But as long as Minghong Toy Factory is acquired by Jiuding Animation Co., Ltd., the debt collectors of the bank will definitely turn around and leave immediately, and maybe expect Jiuding Animation Co., Ltd. to lend more.

After all, the backing of Jiuding Animation Co., Ltd. is too hard, and it is absolutely impossible to repay their bank money.

"Then go buy it, and buy it within four days."

Xia Yu made a direct decision and said, if there is a leak or not, is it stupid? What's more, most of the assets are land, and if you buy it now, you will make a profit.

"Understood, I'll make arrangements later.

"

Ma Tengdong nodded immediately.

...

When I came to Jiuding Newspaper Company, not long after I sat down, I saw Yan Wenhan coming to him with a strange expression.

Xia Yu raised his brows slightly, looked at the newspaper in Yan Wenhan's hand, and asked softly, "What's wrong?"

"Boss, look, the "Sing Tao Daily" has been revised, and the Sing Tao News Agency has been activated."

Yan Wenhan gave the newspaper to Xia Yu and explained.

Xia Yu was surprised. It seems that it has only been less than a month since he learned that Sing Tao News Group was going to build a news agency, so it can be put into use so soon?

Are you sure you're not kidding?

You must know that with Xia Yu's control and a huge investment of resources, Jiuding News Agency also took two months to build successfully. Is Sing Tao News Group more powerful than him?

Xia Yu absolutely didn't believe it. If he had this ability, would he still be defeated by Jiuding Newspaper Company?

He couldn't figure it out, he immediately took the newspaper that Yan Wenhan handed over and began to browse it, and found that "Sing Tao Daily" had indeed been revised, and there was an extra section for international news, and the section occupied nearly one-third of the space. as many as one.

Below these news, it is uniformly marked that the news comes from Sing Tao News Agency, or some news quotes "According to the news of Sing Tao News Agency..." at the beginning.

Just looking at it again, Xia Yu frowned, and then quickly looked at other news. He found that the weight of these news was somewhat uneven, and the level of news writing was much worse than that of Jiuding News Agency.

Seeing the end, Xia Yu retracted his gaze, the corners of his mouth curled up, not knowing whether to be happy or sarcastic, he shook his head and sneered.

He understood why Yan Wenhan's expression was strange.

Hu Xian was dazed and confused.

If you look at the leopard and see the level of these news, you can know the level of Sing Tao News Agency, there is no way to compare it with Jiuding News Agency.

He also wondered how Xingdao News Agency could be used so quickly. It turned out to be a semi-finished product, and it was put into use before it was built. This decision is too unwise. Hu Xian is also a shrewd person. such a stupid thing.

Although the overall quality of "Sing Tao Daily" can be said to have improved a little compared to before, it still can't compare with "Fengyun Daily".

As long as it is not comparable, no matter how much you improve, you will still be the second child at most, the light will be covered up, and it will still not play a key role.

"The outcome has been decided! I thought it would take a while to fight, but it seems that those methods are useless."

Xia Yu shook his head and sighed.

"Yeah, boss, I didn't expect that. I used to think highly of her. I didn't expect that at a critical time, she would be in a mess. It seems that not any woman has the ability to be in a high position."

Yan Wenhan also agreed.

He didn't expect his opponent to lose his mind and make such a foolish decision.

Originally, Sing Tao News Corporation had lost the first opportunity, and the only way was to stabilize its position and wait until the Sing Tao News Agency was established, and then wait for the opportunity to counterattack.

But now that it is enabled in advance, it will not have any effect, although it can be used to create a run-in.

But you must know that readers do not have the patience to play the game with "Sing Tao Daily", and the first impression is very important.

If there is no comparison, there will be no harm. The pearls and jades of "Fengyun Daily" are in front. After the revision of "Sing Tao Daily" this time, the quality of "Fengyun Daily" is not as good as that of "Fengyun Daily". Who wants to read it?

The current situation can be described as an example, that is, Jiuding News Corporation and Sing Tao News Corporation are both sharpening their knives, but the rival Sing Tao News Corporation did not even have a knife, so they took the risk and wanted to hack people. Totally thinking too much, can't even kill the chicken!

"Wenhan, has the South China Morning Post finished its acquisition?"

Xia Yu suddenly asked, although it has only been a few days, but the acquisition is not difficult at all.

Jiuding Newspaper Company already holds 84.9% of the shares and is fully able to control the general meeting of shareholders.

Forcing delisting and privatization, the stock will have an agreed liquidation price, and the stocks in the hands of other investors will automatically be liquidated at the agreed liquidation price, and investors have no choice.

If it doesn't sell, it's worthless!

Therefore, the remaining 15.1% of the stock can be recycled just like recycling waste. There is no difficulty. A few days are completely enough!

"Boss, the acquisition has been completed. Now 100% of the shares of the South China Morning Post are in our hands. The acquisition of the South China Morning Post cost a total of 11.5 million Hong Kong dollars."

Yan Wenhan reported truthfully.

"Good job!"

Xia Yu smiled admiringly.

11.5 million Hong Kong dollars, it can be said that it is very cheap to buy "South China Morning Post", which is the first English newspaper. You must know that "Nanyang Siang Pau", which also sells 110,000 copies a day, cost 12 million Hong Kong dollars to buy it. Now "South China Morning Post" "Instead, it was HK$500,000 cheaper.

As a result, Nanyang Siang Pau spent 12 million Hong Kong dollars for this acquisition, Sin Chew Daily spent 11 million Hong Kong dollars, Tian Tian Daily spent 2.2 million Hong Kong dollars, and South China Morning Post spent 11.5 million Hong Kong dollars. A total of 36.7 million Hong Kong dollars was spent.

The original acquisition of the former Jiuding Newspaper Company had a working capital of 25 million Hong Kong dollars, and a loan of 20 million Hong Kong dollars from HSBC, a total of 45 million Hong Kong dollars.

Excluding the funds spent on acquisitions, Jiuding Newspaper Company now has 8.3 million Hong Kong dollars of working capital left, which is completely sufficient to support the normal operation of the company.

"How is the integration of the four newspapers now? When will it be completed?"

Xia Yu asked again.

"Boss, Nanyang Siang Pau and South China Morning Post are newspapers focusing on business and finance. We are very experienced in this area. Previously, our "Jiuding Daily" was limited by layout issues, and many articles had no place to publish them. These articles can now be put on the Nanyang Siang Pau.”

"The South China Morning Post, in particular, is the easiest to rectify. Some of the news on the Jiuding Daily can be translated into English and published, the quality will be greatly improved, and the influence of our Jiuding Daily will be extended to the British. Infiltrate over there."

Xia Yu nodded slightly, agreeing with Yan Wenhan's analysis and approach.

"As for Sin Chew Daily, the most important thing is to use Jiuding News Agency to revise the edition. Its own editing system is good, and there is no need to make major changes. As long as some high-quality news from Jiuding News Agency is published on it, the newspaper's quality can be improved. Quality, and with the help of our original channels, the increase in sales is not a problem.”

"The last "Daily Daily" was the most rectified, but because the newspaper office is small and the difficulty is small, the employees of "Daily Daily" have enjoyed better treatment, and now they are very motivated to work."

"In terms of the operation system, the problem is not big. The biggest action now is the distribution system, which is rapidly integrating the distribution systems of the four newspapers, especially Nanyang Siang Pau and Sin Chew Daily. After that, our distribution channel in Southeast Asia will be taken to another level.”

"But now it's more than halfway through. In five days at most, the four newspapers can be integrated!"

After introducing the situation, Yan Wenhan made a promise.

Xia Yu nodded with a smile: "Very good, just do what you want."

"Okay!" Yan Wenhan nodded in response.

Suddenly, Yan Wenhan thought of something, and immediately said, "Boss, you asked me to help you recruit a secretary. Now that I have received a lot of resumes, I have eliminated some poor ones. When do you think you will have time for an interview?"

After speaking, Yan Wenhan stood quietly, waiting for Xia Yu's order.

The boss hires a secretary, he can't be the master of this matter, it is best to let the boss interview in person. After all, the secretary can be said to be the closest person to the boss, so he should be careful.

Xia Yu raised his brows, thought about it, and said, "Just at three o'clock this afternoon, notify them and let them all come here for an interview."

"Okay." Yan Wenhan said respectfully. If you want to chat with more like-minded people about "Rebirth: The Most Powerful Tycoon", follow "Hot Net Wen or rd444" on WeChat to chat with more book friends about your favorite books

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