People in Hong Kong create super chaebols
Chapter 1069: The tiger fell to the ground and was bullied by the dog
For Zhang Yulong, seeing the current operating situation of Wheelock, he really doesn't want to continue staying in Wheelock Group.
In addition, he was naturally very aware of the Zhang family's troubles.
I have taken most of the Zhang family's property. Although I won the last lawsuit, these sisters-in-law and nephews will never give up and will definitely continue to pester me.
Zhang Yulong naturally knew that he was in the wrong, so what he had to do now was to sell all his assets as soon as possible and then leave Hong Kong completely.
In this way, no matter how unwilling the Zhang family members are, it will be of no use.
He had already prepared to leave Hong Kong immediately after selling his shares in the Wheelock Group and take his wife and children to Australia to develop his career there.
Selling his shares in Wheelock Group would allow him to obtain HK$9 million in funds.
Add to that the hundreds of millions of Hong Kong dollars in assets he plundered from the Zhang family over the years, and now he has more than one billion Hong Kong dollars in cash.
Such a huge sum of money is enough for him and his wife and children to live a carefree life in Australia.
As for his sisters-in-law, nephews and nieces, he didn't care whether they lived or died.
If you don't do it for yourself, you will be punished by heaven and earth!
It's enough to live a good life.
"Mr. Zhang, now is the day to sign the contract. I'll have someone draft the contract. If you have any opinions, we can discuss it later." Su Cheng said with a smile.
Xi Le Lai Restaurant is his own property, so he can naturally use the office here and instruct his subordinates to draft contracts for him.
"Okay, Mr. Su is indeed a straightforward person. I will ask my lawyer to come over right away." Zhang Yulong smiled when he heard this.
Sioux City wanted to trade as soon as possible, and he also wanted to trade as soon as possible.
So, half an hour later, two copies of the contract appeared in front of them.
"Mr. Zhang, please check if there is any problem. If there is no problem, let's sign it. Then Mr. Zhang, give me the share certificate, and I will have someone transfer 9 million Hong Kong dollars to your account today." Su Cheng said with a smile.
Zhang Yulong first asked his lawyer to read it, and then he looked at the contract carefully again. When he felt that there was no problem at all, he said, "Mr. Su, no problem, let's sign it now!"
Under the witness of their lawyers, the two people signed their names in the places they were required to sign. At this moment, the contract officially came into effect.
After the contract is signed, if either party breaches the contract, they will need to pay a penalty of 20% of the transaction price, which is HK$1.8 million.
With this penalty for breach of contract, both parties basically don't have to worry about the other party breaking the contract.
After all, the penalty for breach of contract is nearly 1.8 million Hong Kong dollars, and both parties are eager for the other party to break the contract. It would be great to make million Hong Kong dollars for nothing.
After signing the contract, Zhang Yulong was very straightforward and took a car back to get the share certificate. Su Cheng also called the finance department to transfer HK$9 million directly to the bank account specified by Zhang Yulong in the contract.
At this moment, Sioux City's controlling voting power officially surpassed John Madden, by a long way.
In itself, Zhang Yulong's controlling stake is slightly greater than John Madden's.
Now, with the original controlling stake of Sioux City's largest shareholder, John Madden has basically no capital to resist.
At this point, Su Cheng holds a full 49% stake in the Wheelock Group.
After receiving the stock certificate, Su Cheng said goodbye to Zhang Yulong.
And Zhang Yulong also left with a happy mood.
For him, what he needs to do now is to deal with the remaining assets in Hong Kong and completely separate himself from Hong Kong.
He never plans to return to Hong Kong in this life.
It’s so cool to be free and easy overseas.
Looking at Zhang Yulong leaving, Su Cheng smiled.
It was really unlucky for the Zhang family to meet him.
But what does all this have to do with him?
Next, Sioux City has to face John Madden.
But don't worry, you've been busy all day and it's time to take a break.
So, after leaving Xiyuelai Restaurant, Su Cheng took a bus directly back to Tseung Kwan O and returned to his villa.
The family is still so harmonious. 】
At least, that's what it looks like on the surface.
That's enough.
"Chu Hong, do you want to go to the hospital to give birth? Your due date is almost here." Seeing Zhong Chuhong coming with a big belly, Su Cheng asked with a smile.
"No, it's fine at home. I don't like staying in the hospital." Cherie Chung shook her head.
In Tseung Kwan O, supporting facilities were built simultaneously with the construction of the headquarters base and employee accommodation area.
For example, a commercial center was built in Tseung Kwan O Center Building so that people can have a place to go shopping.
In addition, a Tseung Kwan O School, which includes a kindergarten, primary school, junior high school and high school, was built in the community. The school is open to all employees and does not charge any tuition fees.
This amount of money is naturally nothing to Su Cheng, and the numerous benefits will also make everyone more recognized and loyal to the company.
It's great to spend little money and accomplish big things.
In addition to shopping malls, bus stops, subway stations, supermarkets, schools, etc., a new large hospital has also been built.
The hospital is also a benefit for employees. As long as they are employees of Sucheng's companies, they can basically get reimbursed for their medical expenses when they are sick and treated in the hospital. However, this reimbursement is proportional. Only 70% is reimbursed when you first join the company. The longer you stay, the higher the reimbursement rate. After staying for 3 years, 100% can be reimbursed. This is also a measure to encourage everyone to stay and work in the company.
Of course, few people leave these companies. After all, with so many good benefits, they are the best in Hong Kong, if not the whole world.
The hospital that Su Cheng was talking about was this hospital. The hospital was located between the residential area and the headquarters base. It only took a few minutes to drive from the residential area.
Since it’s a hospital run by Su Cheng itself, there’s naturally no problem with privacy.
Even if Cherie Chung went to the hospital to give birth, it was kept absolutely confidential.
"Okay, since you don't want to go, then stay at home and wait for the birth. You can go there when you are about to give birth." Su Cheng said indifferently.
Letting her go to the hospital early to give birth is just for safety reasons. Of course, under normal circumstances, there will be no problem for her to stay at home to give birth.
Moreover, the private female doctor now lives at home and has been taking care of the two pregnant women, so there will be no problem at all.
Su Cheng held Zhong Chuhong's hand, and returned to the lounge in the backyard, enjoying the natural sea breeze, and let her sit on his lap.
With both hands, I couldn't help but gently stroke my belly.
"Cheng, do you think this is a boy or a girl?" Zhong Chuhong also put her hand on her belly, close to Su Cheng's big hand, and couldn't help but ask.
"I guess it's a girl. I want a girl." Su Cheng said with a smile. Zhong Chuhong's first child was a boy, so it doesn't matter whether the second child is a boy or a girl.
Today, Su Cheng has three children, two sons and a daughter.
"We think the same thing. I also want a son." Cherie Chung said mischievously.
"Daddy and Mommy." At this time, Su Shijin, the eldest son of the Su family, ran out of the house, followed by a servant, who was afraid that he would fall.
"Good baby, come here and give daddy a hug." Su Cheng laughed.
Su Shijin is now three years old. He can already speak fluently. He has a fair complexion and looks 7% like Su Cheng.
"Daddy, I want you to lift me up high." Su Shijin threw herself into Su Cheng's arms and began to act coquettishly.
"Okay, lift my baby up high!" Su Cheng smiled and lifted him up and put him on his shoulders.
When seeing this scene, Cherie Chung couldn't help but smile happily. This was the life she wanted.
Even though my man has other women, so what since he is so outstanding.
There are so many business tycoons in Hong Kong, and many of them have more than one.
At this time, Su Cheng's second son and youngest daughter also ran out of the hall, vying to be held high as well.
These two are now in their early two years old. They have already learned to walk and can speak a lot.
Su Cheng put Su Shijin down with a chuckle, then lifted both of them up with his left and right hands.
Gillian, Ah Mei and Guan Jiahui came to the backyard at some point.
The whole family is having a great time at this moment.
Guan Jiahui looked at the three little babies with envy.
She is the only one here who has no children.
Without the pressure of money and the experience in the entertainment industry, Guan Jiahui's personality is not as complicated as the Guan Jiahui in Su Cheng's previous life. Instead, it is somewhat simple.
Another day passed quickly.
Today, Su Cheng left home early at nine o'clock, and his destination was naturally the Wheelock Group.
He was going to have a showdown with John Madden, the chairman of Wheelock.
If he continues to manage Wheelock, things will only get worse, so he has to continue to take over.
Forty minutes later, Su Cheng had arrived downstairs at the Wheelock Group and went straight to the office of the chairman of the Wheelock Group with his bodyguards.
However, John Madden was not in the office.
"Where is Mr. John?" Su Cheng asked the assistant who was working in the office.
"Mr. Su, Mr. John is holding a high-level meeting in the conference room on the 5th floor." The assistant replied respectfully.
"Okay, I understand." Su Cheng nodded, walked out of the chairman's office and went straight to the conference room on the 5th floor.
When he turned the corner of the office door, the sound of it opening immediately attracted the attention of everyone inside, and everyone turned their eyes to Su Cheng.
Seeing Su Cheng, John Madden asked in surprise: "Mr. Su, what are you doing here?"
After all, the board meeting was held yesterday, and he came again today, which made John Madden curious.
Normally, Su Cheng rarely comes to the group on his own initiative. Unless there is a board meeting, Su Cheng basically won't come here.
Judging from John Madden's expression, it was obvious that Zhang Yulong did not tell John Madden about the sale of his shares to Su Cheng.
Otherwise, he probably wouldn't be in the mood to hold a meeting at this moment.
Su Cheng walked to the conference table, looked at everyone, pulled out a chair and sat down, then took out a contract from his bag. This contract was the share transfer contract that Zhang Yulong had signed with him yesterday.
"Indeed, there is something. While all the top executives of the group are here, I came here today to tell you something. Mr. Zhang Yulong has sold his shares to me. Now I control 49% of the shares of Defeng Group. Mr. John, I think I should have the power to intervene in the affairs of the group.
In recent years, under the management of Mr. John, Wheelock Group has blindly expanded the shipping industry, causing great losses to the group. I don’t want the group to continue like this because it will affect my interests. I now hold nearly half of the group’s shares, and I think Mr. John should know what to do. "Su Cheng said very bluntly, without considering John Madden's dignity at all.
It is true that he put the Wheelock Group in trouble. This is something everyone knows. There is nothing wrong with saying it out loud, but it will make John Madden feel embarrassed.
But so what? Sioux City doesn't have to give face to John Madden.
Hearing Su Cheng's words, John Madden immediately stood up, walked quickly to Su Cheng's side, picked up the contract and read it carefully.
"Why didn't Mr. Zhang tell me about this?" John Madden murmured after reading the contract.
John Madden, who was already in his sixties, seemed even older at this moment.
He knew what this meant, it meant he was going to step down.
The Hutchison Whampoa Group, the business he inherited from his father, is about to leave him.
Although John Madden had already had the idea of selling off the Wheelock Group, the result now is that he did not succeed, but the Zhang family took the lead in selling it.
"Mr. John should have known yesterday that Mr. Zhang was very dissatisfied with your management policies. When the meeting ended yesterday, he came to me privately. I had no intention of buying it, but after thinking about it, I finally accepted his shares.
As a major shareholder of Wheelock Group, I still hope to save Wheelock Group. Now it seems that you, Mr. John, have no good way to bring the group back to normal development direction. So, I take over Wheelock Group. Mr. John, do you have any objection? "Su Cheng asked with a smile.
It's said that you are asking for his opinion, but in fact there is no difference between asking and not asking.
Because John Madden no longer has the right to object.
At this moment, warm applause broke out in the conference room.
"Mr. Su, we support you to become the chairman of Wheelock Group." A senior executive replied.
During his tenure as the head of Wheelock Group, John Madden was very fond of holding on to power and rarely listened to the opinions of other managers.
For example, the "asset transfer" strategy of Wheelock Group, which is to transfer fixed assets on land to ships at sea, is actually opposed by many senior executives.
However, John Madden has been stubborn in recent years and has never listened to advice.
This is why the Wheelock Group is in trouble today.
These senior executives had already secretly hoped that John Madden would not continue to lead the Wheelock Group, but what else could they do?
The poor development of the group also affects their income.
Now, things are different. The person who wants to take over the Wheelock Group is actually the world's richest man in Su Cheng, so they naturally support him.
Their behavior was extremely disrespectful to John Madden.
It is true that a dragon in shallow water is bullied by shrimps, and a tiger in plain water is bullied by dogs! (End of this chapter)
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