Chapter 641: Take over a company

In the following days, Xia Yu was very busy, not only had to deal with one after another social invitations, but also had to devote energy to controlling the situation of his own business.

During this period, Elena always called Xia Yu on the international long-distance phone around 8 o'clock Hong Kong time, which was 1 o'clock noon in London.

At first, Elena would tell Xia Yu about the work of the company, such as the progress of the transformation of Rolls-Royce Motor Cars and the progress of Bright Fund's acquisition of some companies.

These should have been the business of George Berkeley, the general manager, but George Berkeley tactfully handed over all reporting to Elena, so Elena had every reason to call Xia Yu from time to time.

Gradually, the content of Elena's conversations with Xia Yu was no longer limited to work. They talked about everything from geography and culture to the political situation, from poetry and song to life philosophy.

Although the two were separated by nearly 10,000 kilometres, their relationship grew closer and closer under the connection of a telephone line, and it had gradually surpassed the scope of friends.

The two would talk for nearly an hour almost every night, which naturally could not be hidden from Li Qian. Xia Yu did not deliberately hide it from Li Qian either, and Li Qian was indifferent about it.

Xia Yu had a scale in his heart, and he sighed inwardly that while he, a scumbag, had found a good woman, he loved Li Qian even more and gave her more care and attention.

In terms of his career, all the companies were developing rapidly, and Xia Yu's focus was on the companies that had not yet entered the mainstream.

For example, the acquisition of Jardine Engineering Corporation by Wang Qi and Rothschild & Sons Ltd.

the satellite TV project of Global TV.

Fok Kin-ning's preparations for the establishment of Tiangong Electronics Co., Ltd., as well as the process of acquiring Sega Corporation with the assistance of the Japanese islander Fukuhara Kazuya.

The construction of the Jiuding Think Tank, etc.

Good news came almost at the same time.

Jiuding Securities took over a total of 38.5% of Jardine Engineering Corporation's shares from the two men, Burton Keswick and Rodney Keswick.

Since Jardine Engineering Corporation was already an unlisted company, the valuation was not calculated based on the high price-earnings ratio after listing, but rather based on the actual assets with a premium. Jiuding Securities gave a valuation of HK$1.5 billion.

The valuation of HK$1.5 billion was certainly not as high as the market value inflated by Xia Yu when he extorted last year, but it was much higher than the market value of HK$1.1 billion last year when Xia Yu had not yet made his snipe.

Therefore, it cost nearly 580 million Hong Kong dollars.

According to Wang Qi's report, the negotiations between the acquisition team and Claude Keske are in the final stages and there are no major problems.

As for Global TV, the team that Huang Xizhao had sent to the United States also reported good news. The American satellite launch company was willing to take over Global TV's satellite launch business. Price negotiations would soon begin. Huang Xizhao and Xia Yu were informed and asked to apply for negotiation authority. Xia Yu gave the green light directly and let them have a free hand.

The last news came from the island country, though it was the last to arrive, which made Xia Yu very happy.

Kazuya Fukuhara personally called Xia Yu to tell him the results, quite demonstrating his own energy.

The overall valuation of the island country's Sega company was 37 million US dollars, one million dollars lower than the original historical transfer price.

As requested by Xia Yu, excluding the 4.5% stake of the current president, Hayato Nakamura, and the 3.5% stake of nine senior executives, Sharp Corporation, David Rosen and the parent company of Sega of America, a total of 92% of the equity was acquired by Kazuya Fukuhara for 34 million US dollars.

Because the two men's joint venture, Jiuding Yonghe Fund, was involved, and Xia Yu had just made a big profit from his Sony stock a while ago, Kazuya Fukuhara didn't mention the acquisition fee at all this time.

Kazuya Fukuhara didn't mention it, and Xia Yu was also happy to pay less.

Kazuya Fukuhara called Xia Yu and asked Xia Yu to send someone to accept Sega as soon as possible to avoid losses due to fluctuations in the market.

Xia Yu understood that Fok Kin-ning was at the Tiangong Group's headquarters in Kwun Tong, Kowloon. After some thought, Xia Yu took someone with him to go and check the progress for himself.

Hong Kong's main industrial areas are concentrated in the New Territories and Kowloon.

The New Territories ones are mainly in Tsuen Wan, Kwai Chung and other places.

The industrial areas of Kowloon are divided into Sham Shui Po and Lai Chi Kok in western Kowloon, and Kwun Tong District and Kowloon City in eastern Kowloon.

Among them, the Kwun Tong Industrial Zone is the largest industrial zone in Kowloon.

Xia Yu's Jiuding Printing Factory, the largest in Asia, and Jiuding Toys Factory are located here.

And Tiangong Electronics Group will also set up its factory in Kwun Tong Industrial Zone.

For this reason, Xia Yu directly designated a 16-storey building near Kwun Tong Industrial Zone as the headquarters of Tiangong Group, and the Tiangong Electronics Group, which is being established as a subsidiary, is located inside.

The actual factory is located on a vacant lot 300 metres away, and construction has already started simultaneously. The construction is being undertaken by Jiuding Infrastructure.

After arriving at the Kwun Tong Industrial Zone, Xia Yu found Fok Kin-ning at the construction site, wearing a red hard hat and discussing plans with the on-site engineering manager of Jiuding Infrastructure.

Xia Yu's arrival surprised the two men, who immediately stopped discussing and greeted him, saying, 'Good morning, Chairman!'

'Well, what were you discussing?'

XIA Yu asked the two men with a smile, scanning the busy workers and construction equipment around them.

'Back to the chairman, Manager Huo was asking me to adjust the construction area and speed,'

the person in charge of the project on site had difficulty meeting even the general manager of the Lianjian Group, LIU Shihao, let alone the ultimate boss, XIA Yu, so his mood was inevitably excited and he was a little eager to impress.

Fok Kin-ning nodded with a smile, indicating that this was indeed the case.

Xia Yu understood the mindset of the project manager, and asked with a slightly kinder tone, 'Well, what's your name?'

'Chairman, my name is Chen Chun. The company sent me to manage this project,'

said the person in charge named Chen Chun, with surprise in his eyes.

Xia Yu patted him on the shoulder and encouraged him, 'Construction is all about quality and safety, and then efficiency. This project is very important, so you must pay more attention to it and not let me or the company's leaders down.'

Chen Chun looked up, straightened his shoulders, and answered loudly, 'I will do my best to follow the chairman's instructions!'

'Good!'

'You go ahead, I have something to discuss with Manager Huo.'

After dismissing his subordinate, Xia Yu asked Huo Jianning, 'Jianning, how is it going?'

Fok Kin-ning said as if he knew the answer: 'Chairman, the skeleton of the company's personnel has already been set up. For management, I have arranged for the head of personnel to assist in recruiting staff. For technology, I have found Professor Li Tao of the Chinese University of Hong Kong. Professor Li has real talent and is now employed as a special advisor to Tiangong Electronics, where he is designing the production and manufacturing process.'

'The factory hasn't been built yet, so Professor Li is still at the Chinese University, designing the plan in his spare time.'

Xia Yu nodded in satisfaction: 'Not bad, as long as you do a good job.'

'What about the patent registration for the game plan I gave you?'

Xia Yu asked again.

Fok Kin-ning immediately reported: 'The patent applications in Hong Kong and Macau have been handled as special cases, and the patent certificates have already been obtained. The patent application in the island country is in progress, and the international patent has been entrusted to a professional company for registration. That company has many channels, and it can be approved in a month at most.'

'Very good, the patent in Hong Kong has already been obtained, so I can also rest assured to take you to the island country.'

'Go to the island country?'

Fok Kin-ning was surprised, and then reacted, asking slightly excitedly, 'Chairman, did Sega get it?'

'Yes!'

Xia Yu nodded with a smile and said, 'Get ready, tomorrow I'll take you to the island to take over the company.'

'Okay!'

Huo Jianning replied excitedly.