Hong Kong variety show: I can boost loyalty, the most generous boss.

Chapter 83, Section 82: Chinese Estates Holdings Board of Directors, get to the back!

Chapter 83, Section 82: Chinese Estates Holdings Board of Directors, get out of here!
Handsome Jun and Tung Sing set up their horses in Yuen Long. The two sides raised their troops to face off. Nine Dragons organized 3,000 men against Tung Sing's 5,000 men!
Upon hearing about the incident, the police force immediately dispatched uniformed officers and multiple departments of the Organized Crime and Triad Bureau, deploying over a thousand police officers to the scene and arresting both sides involved in the disturbance.

So, there was no fight after all.

Yang Jun shook his head with a wry smile on the sofa. He had heard that someone had secretly called the police during the fight, so there was no chance of a fight breaking out.

“Brother Jun, these kinds of horse-showing displays involving more than a few thousand people are mostly just for show; the police won’t allow them.”

Luo Tianhong was eating watermelon on the sofa with a toothpick in his mouth. He knew there wouldn't be a fight this time, so he didn't go at all!
"Brother Jun, Cang Sheng and Jiu Wenlong have been arrested by the cops, along with more than a hundred other brothers. They need to be released on bail!"

"Bail will be at least one million!"

Ahua took out a list with densely packed names, totaling more than a hundred people!
Yang Jun, with a cigar in his mouth, smiled bitterly to himself. Even without a fight, it still costs money. Being in a gang is really expensive!

However, these are things that cannot be avoided. It's the rule of the underworld: if Tung Sing challenges you, and you don't dare to fight back, you'll be ridiculed by other gangs.

"The police made over two million in revenue from just one operation, and I heard that even more people from Tung Sing were arrested!"

Ah Wah continued to complain, saying that the high bail fees charged by the Hong Kong police were entrapment. These high-ranking foreigners love to flaunt their gang members' assets, and they always manage to catch them red-handed, earning millions each time.

"Wow! I should have become a police officer. Wearing the uniform is so cool!"

"Haha, it's not too late to take the police exam now!"

Yang Jun, with a cigar in his mouth, said with a smile.

Ahua shook his head and said to Yang Jun:
"Brother Jun, I already have a criminal record, the police won't take me in anymore!"

Yang Jun stopped smiling and said to Ahua:
"Ahua, find a few clean-cut henchmen, I need them!"

Ahua was completely confused and had no idea what Yang Jun was thinking, which was to find a few clean-cut underlings.

However, Ahua's greatest strength is that he is obedient. He doesn't ask questions even if he doesn't understand something; he just does what Jun-ge arranges.

"Okay, Jun-ge~"

Yang Jun dismissed all the gang members, including Luo Tianhong, leaving only Zhan Mi, the vice president of Giant Group.

Jimmy has been incredibly busy lately, managing both the group and the clubs, practically running between two places, leaving him no time for romance.

"Jimmy, how's the acquisition of Chinese Estates Holdings going?"

During this period, Yang Jun instructed Jimmy to acquire Chinese Estates Holdings, and Giant Group already held a 35% stake in Chinese Estates Holdings.
After acquiring Li Zhaofu's 15% stake, Zhanmi gradually acquired more shares, and now holds a total of 35% of the shares.

Giant Group is already the largest shareholder of Chinese Estates Holdings and has some decision-making power over Chinese Estates Holdings, but it is still a bit short of controlling the company.

Only by holding more than 51% of the shares can one gain relative control and control over the company's decision-making power; this is Yang Jun's goal.

Jimmy has recently contacted some shareholders, but these minority shareholders are all under the orders of the Feng family and are unwilling to sell their shares to Giant Group.

“Boss, we are still 15% short of the shares. It’s too much trouble to find minority shareholders. We might as well approach the Feng family.”

"However, we contacted the Feng family, but they flatly refused; they will not sell their shares."

The Fung family won't sell, and the remaining minority shareholders plan to sit back and watch the fight unfold, hoping to make a fortune in the process. In short, it's unrealistic to expect to acquire Chinese Estates through normal means.

Yang Jun frowned and checked the Feng family's information. Since Feng Pingshan's generation, the Feng family has been a well-established wealthy family in Hong Kong. Although they are not as successful as the Li Fuzhao family, they are not people that can easily be taken advantage of.

Feng Pingshan's descendant, Feng Shufeng, not only serves as the chairman of the board of directors of Chinese Estates Holdings Limited, but also as the chairman of the board of directors of another listed company under Chinese Estates Holdings Limited, China Entertainment Holdings Limited.

In other words, acquiring Chinese Estates Holdings is equivalent to acquiring two listed companies – buy one, get one free!

Feng Shufeng is also a member of the Legislative Council and a big shot in both the political and business circles. His network of connections is much stronger than Yang Junqiang's.

"Such a large family can't possibly be without any scandals. I'll have Ahua investigate first."

The Feng family has quite a few third-generation members, more than a dozen men. Such a large family is bound to have its share of spoiled brats.

"By the way, continue acquiring shares of Chinese Estates Holdings, and increase the acquisition price."

Raising the acquisition price, although increasing the acquisition cost, still tempts some shareholders to sell their shares to Giant Group.

Jimmy nodded; it seemed the boss was determined to acquire Chinese Estates Holdings, a listed company.

"Boss, Chinese Estates just sent a notice asking us to attend their board meeting this afternoon to discuss the resolution regarding the purchase of Chater House in Central."

Chinese Estates Holdings' main businesses include property investment and development, brokerage services, financial investment, etc., and most of its assets consist of holding multiple buildings.

"Okay, let's go together then!"

Giant Group is a major shareholder of Chinese Estates Holdings and automatically receives two board seats. Yang Jun is already a director of Chinese Estates Holdings and was therefore invited.

Jimmy was also on the list of directors submitted by Giant Group, and he could also go to Chinese Estates Holdings to attend the board meeting with Yang Jun. The two of them took a car together to the headquarters of Chinese Estates Holdings.

311 Gloucester Road, Causeway Bay, has 13 floors and is also a property of Chinese Estates Holdings.

When Yang Jun arrived on the first floor, employees from Chinese Estates were already waiting. They opened the car door for him, bowing and scraping as they said:

"Director Yang, Director Li, the meeting is on the 13th floor, the elevator is this way!"

Yang Jun glanced at the employee and noticed that his surname was Li, so he must be from the Li family. He was a mid-level manager at Chinese Estates and was very polite to Yang Jun.

"Director Yang, all the other directors have arrived, we're just waiting for you."

"Okay, take me inside."

Yang Jun entered the thirteenth-floor office area and, led by Manager Li, headed towards the boardroom.

As Yang Jun stepped into the boardroom, all eyes turned to him, some curious, some hostile, and some relatively friendly.

The chairman of the board, sitting at the head of the table, was a middle-aged man in his fifties. He wore glasses, had small eyes, and looked at Yang Jun with a forced smile.

"Director Yang, welcome, welcome!"

"Please find a seat anywhere; our meeting is about to begin!"

Although Feng Shufeng was polite in words, he didn't move an inch, clearly showing his hostility towards Yang Jun and his companion.

Jamie looked around and found that there were only two seats in the corner. He angrily whispered something in Yang Jun's ear.

"Boss, this old fox is trying to give us a hard time!"

According to the company's board of directors' usual practice, the director with the most shares will sit in front, and the director with fewer shares will sit in the back.

Giant Group owns 35% of Chinese Estates Holdings, making it the largest shareholder, and naturally it should sit at the front.

Feng Shufeng deliberately created this situation to show Yang Jun who is in charge of Chinese Estates.
The surrounding board members were also watching the show, sitting on the sidelines to see how the Giant Group really was.
"Director Yang, please have a seat. We're waiting for the meeting to start."

Feng Baobao twirled her pen, crossed her legs, and made a sarcastic remark. Feng Baobao sat in the first seat to Feng Shufeng's right. She was Feng Shufeng's son, a third-generation direct descendant of the Feng family, and also a director of Chinese Estates Holdings, owning 3% of the company's shares.

Yang Jun sneered, walked up to Feng Baobao, and said coldly:
"Stand up and roll to the back!"

"You have no right to sit here!"

Feng Baobao turned green with anger upon hearing this; no one had ever spoken to her like that before.

The directors at the conference table exchanged glances; they were all polite and refined, at least on the surface!

"Yang Jun, what did you say?"

"I told you to get out of there!"

Feng Baobao couldn't hold back any longer. She stood up and punched Yang Jun in the face, wanting to smash his handsome face to pieces.

Damn it! How come he's so much more handsome than me?
However, in Yang Jun's eyes, Feng Baobao's punch was soft and weak, without any strength, and it was even in slow motion.

Yang Jun casually grabbed Feng Baobao's wrist and mocked:

"You dare to lay a hand on me? Didn't your father teach you manners?"

Yang Jun swung his hand and delivered a powerful punch, striking Feng Baobao in the face and swelling it up.

"Get to the back!"

Feng Baobao burst into tears, her eyes red, and turned to look at her father, Feng Shufeng.

Feng Shufeng's face turned black. Although the slap was on his son's face, it was no different from slapping himself!
However, since Feng Baobao started the fight, they were in no right at all, and Feng Shufeng couldn't call the police.

"Alright, Ah Ren, go to the back and bring up the chair. We're all colleagues, don't make a fuss over such a small thing."

Feng Shufeng's implication was that Yang Jun was making trouble out of nothing, deliberately stirring up trouble and making a big deal out of a small matter!

Bodyguard Ah Ren brought two chairs from the back and placed them on Feng Shufeng's left and right sides, which could be considered a compromise made by the Feng family after weighing the pros and cons.

"Haha! Chairman Feng thinks it's a small matter, but I think it's a big deal!"

"How can one sweep the world if one cannot even sweep one's own room?"

Yang Jun sat down, and Zhan Mi followed suit, sitting opposite Yang Jun.

Feng Baobao couldn't beat Yang Jun and had lost face, so she stormed out of the meeting room in a huff.

"Alright, let's start the meeting now!"

"Regarding your opinions on the acquisition of Chater House in Central, there's a document on each of your desks. Those who agree, please raise your hands."

Feng Shufeng was the first to raise his hand, followed by the directors belonging to the Feng family's faction, about a third of the directors.

Other members of the Li family's board of directors were observing Yang Jun's reaction. They had all witnessed Yang Jun's tough stance and his apparent conflict with the Feng family.

"I object!"

Yang Jun raised his hand, his reason for opposing was simple: the Feng family controlled the company's finance department, and it was up to the Feng family to decide what kind of false accounts to make. Who knew if this acquisition would be used to enrich themselves?

Yang Jun is now the largest shareholder of the company, and most of the money embezzled by the Feng family belongs to him.

"Objection overruled! I am the Chairman of the Board and have the authority to make major decisions!"

Feng Shufeng's face darkened. He had finally become the chairman of the board of directors just to control the finance department and get some kickbacks!

Yang Jun shrugged and said to Feng Shufeng:
"Chairman Feng, you should be familiar with company law, right? Owning more than 35% of the shares in a listed company gives you veto power on the board of directors!"

"I am a major shareholder of the company and have the right to reject your business proposal!"

Upon hearing this, the neutral directors nodded in agreement. They also did not want the Feng family to cause trouble, so they supported Yang Jun.

The board meeting ended in discord, and Feng Shufeng's face was very gloomy.

Feng Shufeng returned to his office, where Feng Baobao was smashing things on the sofa, making a complete mess of the room.

"Why are you crazy?"

Feng Baobao felt wronged; she had been beaten for no reason, and her face was still burning. So she egged Feng Shufeng on, saying:
"Dad, we shouldn't let that Yang guy bully us. We should find someone to beat him up, and it would be best to break his legs to vent our anger!"

Feng Baobao also knew people in the gang. She couldn't stand being humiliated today and planned to find someone from the gang to teach Yang Jun a lesson.

Feng Shufeng looked at him like he was an idiot, and said with a disappointed expression:

"What are you fighting for? Do you even know who Handsome Jun is?"

"He's still the boss of the Wan Chai district in the Luen Shing syndicate, with thousands of henchmen under his command. Do you believe me, if he gives the order, those thousands of his men can kill you?"

What? Feng Baobao turned pale. What kind of awesome person is he?
He knew a few gang leaders who were incredibly arrogant with just over a hundred men under their command. This handsome guy, Jun, had thousands of underlings.

Feng Baobao immediately cowered and scurried over to Feng Shufeng, angrily saying:

"Dad, am I just going to be beaten for nothing? Besides, if we don't get rid of Yang Jun, how will our Feng family make money in the listed company?"

The company's losses are a matter for the shareholders and retail investors; the profits always go to the controlling shareholders. In the past two years, the Fung family has controlled key departments of Chinese Estates Holdings and has reaped considerable benefits.

However, all of this was done very discreetly, and at that time, financial market regulation was not standardized, so the Feng family made a lot of money.

However, the good days are about to end, as they've encountered a powerful major shareholder who is vying with the Feng family for control of the company.

Feng Shufeng's face was gloomy, and he said in a low voice:
"Don't cause any trouble during this time. Just stay home and don't worry about anything at the company."

"Dad, why do you say that? I can help too."

"Get lost, you're lucky you're not causing any more trouble!"

Feng Shufeng sighed. He didn't know what sins he had committed in his life to have given birth to Feng Baobao, this spoiled brat.

Feng Baobao has always been a troublemaker since she was a child. Unable to afford her schooling, she was sent abroad to study. While abroad, she was expelled for injuring someone while drunk.

He only returned to Hong Kong last year, but he didn't stay in Hong Kong properly. He often hung out with some rich kids and street racers, and frequently got into fights and ended up in the police station.

So Feng Shufeng arranged a leisurely board seat for Chinese Estates Holdings, allowing the incompetent Feng Baobao to come in and coast along!

After kicking Feng Baobao out, Feng Shufeng called his assistant Zhang Delin and instructed him:
“Go find Liu Taomin, the editor of Hong Kong’s Ta Kung Pao, give him 50 yuan, and have him write an article that reveals the background of Yang Jun of the Giant Group.”

Feng Shufeng had already figured it out. As long as he launched an attack on Yang Jun in the media, ruined Yang Jun's reputation, and used his connections in the police department to take down Yang Jun, it shouldn't be a big problem!
(End of this chapter)

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