Macao's gambling King's dispute over production changes

Source: Internet
Author: User
Keywords Storm
Tags company distribution entered the entertainment high high court net worth no longer
26th, 89-Year-old ho ho appeared in three rooms, Mrs. Wife apartment.  Figure right for three room missus wife, pictured left as wife daughter He Shuyin.  "Gao Lei law Firm", a representative of the Macao "gambling King", said on 27th that he had entered the High Court of Hong Kong on behalf of Ho Ho, accusing his family members of not distributing the title equitably as they wished. "Mr Ho has said he wants fair distribution of his title to all the family members of his four rooms, and the actions of Lanceford's directors have hampered the idea," said Oldham, He Honsen's representative lawyer, who wants to split the title equally. "Mr Ho was interviewed by a television station at the" Three Wives "wife at noon on 26th and confirmed his earlier arrangements for the transfer of the Australian entertainment shares to the" Fang "and" three-room "companies, and said that no longer required a lawyer Gao intervene, meaning that the matter had been resolved.  But Gao, who met with Ho Ho in the afternoon, insisted that he had not been dismissed, and that he was still his lawyer. On the evening of 26th, "Fang" daughter He Suchen suddenly issued a statement that the father did not promise to share the property in four rooms, making her feel very embarrassed, very sad.  27th Oldham also announced that the property has been recovered on behalf of Ho Ho, making the incident more dramatic. Oldham said 27th: "Mr Ho's television visit was under pressure and we have made further vigorous action against the people involved to safeguard his interests." "The claim for property recovery is learned that the 11 defendants listed on the writ of Mr Ho include: Daisy, Pansy, Lan Jongyu, 禢, who violate the trustee's Trustee's liability, improper or illegal resolution and distribute the shares of the company."  The writ also proposes a restraining order restricting Daisy, pansy, He Shuphing, wife from taking any action to buy and sell the shares assigned. Oldham said: "We still expect the event to be resolved satisfactorily, and Mr Ho's assets can be allocated according to his wishes." "There are reports that the writ has been signed by Mr. Ho, and Oldham also claimed to hold the video of Mr Ho's claim to recover the property, making the affair confusing."  In the afternoon of 27th, Mr Ho left the mansion of Qianshuiwan Road and transferred to wife's residence, and Fang daughter He Shuchong followed.  Billions of of the property is only 600 dollars. According to the South China Morning Post, Mr Ho saw the Hong Kong media report and found himself furious that he had lost most of his net worth. January 7 Morning, the 89-year-old gambling King opened the time to see an article titled "Rich Richer", which, according to Forbes magazine estimates, a net worth of 3.1 billion U.S. dollars of Ho is ranked as Hong Kong's 13th-richest.  Mr Ho was furious after seeing the news, said Oldham, a lawyer who accepted Mr Ho's mandate to defend his interests. Oldham revealed that Mr Ho was angry because he had seen the newspaper report that he had billions of worth of money, but actually someone told him that he now had only about 600 dollars left. According to the 24th announcement of the company announced that the equity transfer 24th, Macao Gaming Holdings Limited publicThe company's chairman, Stanley Ho, handed over 31.655% per cent of the shares of Macau tourism and Entertainment Limited (hereinafter known as Australia Entertainment) to family-run companies, leaving only 100 shares of Macao Entertainment, the secretary said. It is estimated that Stanley Ho is worth more than 60 billion Hong Kong dollars, the biggest winner of the transfer is two too Lan Jongyu and children, access to market capitalisation of 11.2 billion assets, three wife and their children received 6.7 billion assets.  Four too Leong in the transfer of a penny. 25th lawyer said the gambling king was "hijacked" the separation of the 25th, Mr. Ho's lawyer Oldham said he did not authorize his personal holdings of the Australian entertainment shares to his family members.  His gaming empire was carved up by his family in defiance of his personal will. 26th gambling King through three rooms issued confirmation statement 26th, Mr. Ho in three wife wife home to receive a press interview, for the first time on the division of production, he said to the storm, make himself unhappy, family also unhappy. Because he has never loved his family, he has not tried to take legal action.  He said he thanked the lawyer Gao for his intervention and now no longer needed him. Three wife wife the evening of 25th to read out his Chinese signature letter to lift the appointment of lawyer Gao, that is, the distribution of shares announced on 24th is "absolutely sincere and no one is compelled or instructed by anyone".
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