Offer to the CEO

472 Lu Corporation Board Meeting - Part 13

Wednesday, continued …

Looking directly at CEO Yang, Hou Yi responded "I do not give a care. I believe that you have already guessed part of the reason behind my actions." Hou Yi observed that CEO Yang was nodding. "Leaving that to one side all I want for the Interim and then final CEO appointment is a process followed, and that Lu Corporation resources are not used to tagert my wife or myself, which they have been."

"Presently there are two criminal investigations over Lu Jingho's actions towards us in the last couple of weeks. His targeting of me definitely involved company resources, and I believe that he may have also used company resources in targeting my wife. Additionally I believe another investigation is pending coming from the overnight raid. All I can ask is that you are honest and do your best during the process CEO Yang."

"CEO Hou, please be honest with me. Are you keeping your shares in the long term?"

"We will keep some, and sell others. Presently we have an offer from XF International for five percent of the shares and Seven Shades for another five percent. We have not worked out what we will keep long-term but some will flow back into the open market."

"CEO Hou, Yang Group would be interested in purchasing five percent of the shares. Ultimately our business is inter-meshed with Lu Corporation financially and given our structure Yang Lin will eventually become the largest family shareholder. I need to be proactive and protect Yang Group including our Lu Corporation investment. Our fifteen percent cannot, given how we received it be easily sold, but having a further investment we can sell will do that."

"CEO Yang, I will consider that, and if I take up your offer I will let you know."

"Fine. Just remember that today our mutual interests met and I acting with you protected Yang Group. But as you know we will compete where we do, and I will act, legally, to ensure Yang Group succeeds."

"I would never take it any other way. I know that you will not resort to underhanded means to achieve your goal."

Before Hou Yi and Anna could leave, CEO Yang came over and gently kissed Anna on the left cheek. "I will say CEO Hou you are one lucky man to have met this woman. If I was a few years younger I would have done everything to pursue her and win her for myself."

Hou Yi tensed slightly "CEO Yang, you would never have had a chance. Now if you can excuse us …"

With that they made their way out of the building an waited of the car to come and pick them up. After the bodyguards were certain they were not being followed they drove to the police station for formal reports about the shareholders meeting to be made and the audio and video footage provided to them.

Hou Yi, exited the room first and while waiting for Anna sat and spoke to the lead investigator who informed him not only about where they were with investigating the outcome of the raid but the investigations of Lu Jingho's actions towards him and Anna.

Meanwhile back at Lu Corporation, Lu Jingho was sitting it what could possibly be his former office, trying to plot how to salvage the situation. Those two deliberately set out to bait him, and knew about the raid on the Club. How in the f*ck did the police find out about that.

While the gambling and alcohol issues could be easily dealt with by claims it was a private club and it was an oversight, the back rooms being used as they were, in particular by his wife, his son's mother-in-law, his best friend and his wife, that was more difficult.

Given the location of the club, Lu Jingho always knew he had to have preliminary plans to deal with issues if there was a problem. Reaching into his desk's secret draw he withdrew a folder with his preliminary plans, and accessed a word processing program to prepare the company response as he was aware that he could not trust anyone within the company to do this.

He called our to his assistant to bring him the files relating to the warehouse and the artists he knew were working there, to start to prepare what he needed to salvage something about the situation, and hopefully beat of the internal challengers for his position.

Dealing with that b*stard Hou Yi though for creating this situation would have to wait until he protected his position.

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