Hong Kong 1980: The Savage Era

Chapter 292 Chapter 293 [Withdrawal from the Board of Directors]

The land price in Central has always been the highest in Hong Kong, and with a limited land area and a dense population, there is not much land available, so real estate developers have focused on building upper floors.

If you own 60 square feet of commercial buildings for rent in Chunghwa, at NT$20 per square foot, you would have NT$1 million in rent per month, or NT$2 million in 12 months. After deducting costs, you would have at least NT$1 million in net profit.

The investment can be recovered in 15 years, not taking into account the appreciation within 15 years.

Moreover, with such a heavyweight property, it is entirely possible to raise funds for share offering, and the company can successfully recover its investment within 5 years, thus getting a 60 square foot property for free.

Therefore, in order to enhance the strength of their companies, real estate developers will try their best to acquire properties of other companies, especially those companies that own properties and land in important locations such as Central.

Not to mention others, even Luo Qihong, who owns two prime commercial buildings in Central with a rental area of ​​more than 20 square feet, was itching to do so. This was indeed the easiest way to increase the company's strength.

However, at this time, Luo Qihong was still digesting the results of his victory at Henderson Land Development, and was about to take over China Real Estate Company, so he did not have the energy to deal with this matter for the time being.

If developments in his previous life had gone as they had, Zheng Jiachun would have launched a takeover campaign against the Wing On Group as soon as he came to power and successfully acquired a commercial building with a visible floor area of ​​60 square feet in Central.

The set of "The Romance of the Condor Heroes" by Bao Xiang Film Company
The screenplay of this movie was plagiarized by the "all-powerful" Luo Qihong. The starring actors include Chow Yun-fat, Zeng Zhiwei, Chen Baixiang, Liu Dingjian and Maggie Cheung. The director is the "king of bad movies" Wang Jing.

Luo Qihong likes Wang Jing, a down-to-earth director and actor, who dares to admit the unspoken rules of the entertainment industry, and even said, "If I want to use the unspoken rules, I can do it every day, and never repeat myself", "It's a bad movie, as long as there is money to be made."

He is just a commercial film director, he doesn't pretend to be anything, unlike those people who want money and fame, and in the end they can only live off their capital and become "ordinary people".

"Mr. Luo, I finally get to meet you, the screenwriter, again today. I have a lot of questions to ask you." When Wang Jing saw Luo Qihong, he immediately dropped his work as a director and walked over to compliment Luo Qihong.

This also attracted the attention of many actors and staff members. They certainly knew that the boss behind Baoxiang Film Company was the tycoon Luo Qihong.

Luo Qihong shook hands with Wang Jing and said, "Director Wang, you have worked hard. Is the filming going smoothly?"

Wang Jing smiled awkwardly and said, "It's not going very smoothly. Luo Sheng should have seen the gangsters at the door. They are still waiting for us to pay protection money, so our people dare not go out."

"Oh?! You are so brave, which club are you from?" Luo Qihong smiled slightly, not caring at all.

With his social status, it would be ridiculous if the news got out that he was threatened by gangsters.

"From Dongxing!" Wang Jing said in a low voice.

Luo Qihong immediately took the phone from the bodyguard, dialed the office of the Commissioner of Police, greeted the Commissioner, and explained the current situation.

"Alright, the police will be here soon. Just send someone to hand it over to the police."

"Thank you, Mr. Luo!" Wang Jing laughed. He knew that those gangsters would not come again and the police would definitely warn them sternly.

Because if Luo Qihong complains again next time, even the director will be in trouble.

After all, Luo Qihong’s phone call could directly reach the Governor’s office, and even the police chief would be wary of him.

Soon, the sirens of police cars were heard outside.

Wang Jing apologized a few times, then went out to greet the police officers in person and explained the whole situation.

Luo Qihong chatted with the leading actors for a few words, and they left tactfully, leaving Zhang Manyu alone.

"How's your work lately?" Luo Qihong greeted with a smile.

"It's okay! Director Wang, Fa Zai and the others took good care of me." Zhang Manyu pressed the paper cup with both hands, looking a little uncomfortable, probably because she was nervous.

"That's good! The most important thing about work is to be happy. If you are unhappy, you can ask Director Wang to stop filming for a day or two and take a break." Luo Qihong said softly, "If you don't dare to say it, you can call me and I will help you say it."

"No, no, thanks. I really enjoy making movies with Director Wang, and the work isn't very hard." Zhang Manyu waved her hand, worried that Luo Qihong would really give her a backdoor, which would only make the rumors fly even more.

"Well, if anyone harasses you, be sure to tell me. I can help you with just one phone call. There's no need to suffer those grievances." When Luo Qihong heard some noises outside, he remembered the influence and threats of Young and Dangerous on movie actors.

In his previous life, he had heard that Liu Dehua was threatened by a gang to make a movie, and some people even went to the agency with guns and threatened them nakedly, asking them whether they would rather make the movie or not. Some actresses were even forced to make third-level movies.

Zhang Manyu hesitated and looked increasingly nervous, as if she was in real trouble.

"It's okay, just say it directly." Luo Qihong took the opportunity to touch Zhang Manyu's soft hands, "If it doesn't work, I can invite Governor Youde to dinner and talk about the current social security environment in Hong Kong. Those societies will be targeted and rectified, and they will definitely not dare to provoke you in the future."

Hearing the word "Governor of Hong Kong", Zhang Manyu's eyes lit up and blinked, "Someone wrote a threatening letter, asking me to go to make a movie, saying that they would give me 20. I didn't want to go, but I was worried that those people would mess with me."

"Is the letter still there?" Luo Qihong asked casually.

"Well, it's in my bag. Do you want me to show it to you?" Zhang Manyu suddenly became excited. She felt like she had found a backer.

"No need. How about this, when you finish work, I will take you to the police station to report the case, and then lend you two bodyguards to protect you for a few days until this matter is resolved. How about it?" Luo Qihong grabbed Zhang Manyu's hand and said with some expression.

This gave Zhang Manyu the illusion that Luo Qihong was an affectionate person.

"Okay, I'll listen to Luo Sheng." Zhang Manyu knew that with bodyguards following her, those gangsters would definitely be cautious.

So, Luo Qihong chatted with Zhang Manyu for nearly an hour before leaving the set.

Luo Qihong is a very busy man, so of course it is impossible for him to stay on the set for several hours.

After Luo Qihong left, Zhou Runfa and his friends gathered around and asked Zhang Manyu whether she had asked Luo Qihong for help.

"Mr. Luo said that after work he would take me to the police station to report the case, and he would also let the bodyguards protect me for a while." Zhang Manyu did not hide anything. She also knew that she could not hide it, so it was better to be frank.

Other female stars try every means to hook up with rich men, hoping to marry into a wealthy family or get more money, but she can get it easily now, which is much better than those actresses.

"That's good. Luo Sheng will definitely help you with this matter." Zhou Runfa treated Zhang Manyu as a friend and did not think there was anything wrong with dating Luo Qihong. Even if she was abandoned, the other party would provide some compensation and care.

"Those societies are too arrogant. Many colleagues have been harassed, and even Xu Guanjie and others are no exception." Liu Dingjian sighed. He naturally had similar experiences, but the movie he wanted to shoot was a normal one, but the plot was a little bad and the pay was a little less.

"Yeah, I don't know when this situation will completely disappear." said someone else.

Zeng Zhiwei has a backer and is relatively unknown. He has not experienced this yet, so he did not interrupt. Luo Qihong got in the car, thought about it, and was afraid of any accidents, worried that he would be robbed of the "first taste of soup", so he asked two bodyguards to stay behind to protect Zhang Manyu.

It was around 5pm in the evening and Zhang Manyu had no night scenes to perform, so she left work early.

Luo Qihong also came to pick her up on time, and they went to the police station in Central to report the case together.

There is no way. The Central Police Station has much greater power, and the people there know Luo Qihong, so it is convenient to do things.

The foreign director personally met Luo Qihong and his attitude was much more respectful than last time.

It may be that Luo Qihong's wealth had skyrocketed and he had met Governor Youde many times, so he was worried that Luo Qihong would affect his future.

"Manyu, show the threatening letter those people wrote to you to the director." Luo Qihong said to Zhang Manyu.

"Okay, here is the letter. Please take a look, Mr. Director." Zhang Manyu took out the envelope from her bag and handed it to the director.

The Director knew very well that if this matter was not handled properly, he would be in big trouble.

"Mr. Luo, how do you want to deal with this matter, Ms. Zhang? Severely punish the person who wrote the threatening letter?"

"The public security in Hong Kong is very poor nowadays. I think Mr. Director needs to work harder." Luo Qihong said, "I hope the leader of the society behind the scenes can come out and apologize to Miss Zhang, and set up 20 tables of wine to cleanse the evil."

"I think with Mr. Director's current position, it shouldn't be difficult to make a community leader bow his head."

The director nodded and said, "It's not difficult, but you have to use Luo Sheng's name."

"Okay, then please tell all the communities in Hong Kong, Mr. Director, that Miss Zhang is the one I want to protect." Luo Qihong was in this position and was certainly not afraid of these villains.

If 1 million couldn't handle it, he didn't believe that 1 million couldn't handle those societies.

Women all admire strong men, so Luo Qihong must of course show off his power in front of Zhang Manyu to accelerate the relationship between the two.

After leaving the police station, Luo Qihong took Zhang Manyu directly to the Mandarin Oriental Hotel for dinner, and then sent her back to her residence.

Some things cannot be rushed, you need to take your time.

The director was very efficient and the next day he received news that the matter had been resolved.

The scale of that society is not small. They have several thousand followers in the urban area of ​​Kowloon and several territories in prosperous areas. However, due to the oppression of the police force and Luo Qihong, the person in charge dare not insist on it.

Of course, there were also some arrogant younger brothers who shouted that they wanted to kill Luo Qihong, teach him a lesson, and publicize the power of the society.

But the leaders and uncles of the society were very clear-headed and knew that if anything happened to Luo Qihong, the society would not be able to survive in Hong Kong.

Your society even wants to get rid of famous tycoons, but the Hong Kong government can’t do it. Then, isn’t this society doomed to fail?
Those reporters will only write "The Hong Kong government is incompetent, Hong Kong is dark, and citizens cannot see any light." By then, the authority of the Hong Kong government will be ruined. Who would dare to believe in a Hong Kong government without military force?

Moreover, Luo Qihong is surrounded by a group of bodyguards. If he fails to do his job, not only will the society not survive, but even the leader and uncles will have no chance to live.

They become members of gangs just to make money, not to end up dead on the streets, so they can only admit defeat.

This news caused quite a stir. The gang had dared to offend the tycoon, and Hong Kong's public security was in jeopardy.

As a result, these rumors reached the ears of the parliamentarians and the Governor of Hong Kong also knew about it. He could only order the police force to start cleaning up those societies and make them behave themselves.

Suddenly, the law and order in Hong Kong became better, and there were fewer gangsters on the streets.

Wednesday, May 5

Li Zhaoji convened a board meeting of the electric light company as the chairman of the board, and directors including Luo Qihong and Li Jiacheng attended the meeting.

Li Jiacheng naturally wanted to sell the shares of the electric light company and recover the funds to repay the debts of his company. Unfortunately, the current stock price was not high. Not to mention making a profit, he might not even be able to keep his principal.

So I had no choice but to continue holding on and wait for the stock price to rise.

近几年的电灯公司盈利很不错，如82年售电获利4亿4310万元，综合获利7亿8千2百万元。

"Last year, the company made a total profit of 8 million yuan, of which 6% was profit from electricity sales, or 8 million yuan. I suggest that 65 million yuan be distributed as dividends. What do you think, directors?" Li Zhaoji said as he looked around.

Li Zhaoji was already heavily in debt when he acquired the electric light company, so it is normal for him to want to distribute dividends and repay part of the debt now.

The first person to agree was not Luo Qihong, but Li Zhaoji's former opponent Li Jiacheng.

Li Jiacheng smiled slightly and said, "I agree with Chairman Li's plan. This will also help increase the stock price and is in the interests of all shareholders."

Li Zhaoji was a little surprised, but he reacted quickly. He had a lot of debts, and so did Li Jiacheng. Reducing the debt ratio was their common goal, and they couldn't become irrational because of such a small grudge.

"I also agree with dividends." Luo Qihong said lightly. He didn't hold much shares, only 10%, and he could only get about 6 million. The bulk of the money would still go to the two Lis.

Seeing that the three major shareholders had agreed, the directors would not act like bad guys and all chose to agree.

"Okay, the second thing is the development of North Point Garden City. The relocation of the old power plant has been completed, and the construction team will soon move into the Garden City site. The first batch of start-up capital is 6 million yuan, and the company needs to subscribe 2 million yuan. The funds in the company's account have been paid, and the remaining funds are sufficient for the company's operations in the second and third quarters." Li Zhaoji said as he read from the script.

There is not much room for negotiation on this matter, it is more of a matter of informing the board of directors.

What followed were just some small things that were over quickly.

General Manager's Office
Li Zhaoji, Li Jiacheng and Luo Qihong gathered together, drinking tea and chatting.

"To be honest with you, I want to withdraw from the board of directors of the electric light company and sell my shares. However, given the current situation, my losses will be considerable. Can you help me?" Li Jiacheng didn't want to delay any longer.

"Mr. Li, do you want us to take over the equity after the dividends?" Li Zhaoji suppressed his emotions and asked tentatively.

(End of this chapter)