Chapter 415 [Return to Hong Kong]

"Mr. Li, our Huang family has been doing business in Singapore for many years and has some reputation in all walks of life. If Mr. Li is willing to step down, our Huang family will reward you handsomely." Huang Tianji said to Li Wendi while helping him to calm down.

"Generous reward? What generous reward? More generous than the entire Tiger Balm International Company?" Li Wendi asked with a smile.

Huang Tianji's eyes began to flicker. It was obvious that this was just a casual remark, with the intention of deceiving Li Wendi.

"Mr. Huang, we are all businessmen. There is no need to make these useless promises. Changxin Company only needs tangible benefits, things that are delivered to us. If you are sincere, send the benefits first, and then we can talk about what happens next." Li Wendi restrained his smile.

Ten years ago, Li Wendi had already given no face to anyone in order to develop his career, but now he is being threatened.

Li Wendi is certainly not afraid that Huang Zuoyao will use the power of the government to embarrass Changxin Company, because the Singapore government is also afraid of a bad reputation that will affect future investment promotion.

Huang and his son left in disgrace. Li Wendi, the dragon that crossed the river, stirred up huge waves, and the local snakes were unable to suppress him. Now they only hoped that after Li Wendi got Tiger Balm International, he would not interfere in the case of United Overseas Bank.

Lu Yisong walked to Li Wendi's side and whispered, "Boss, do you want to send someone to monitor the Huang family members? Prevent them from colluding with officials to cause trouble."

Li Wendi nodded and said, "Let's do it later. There's no rush for this matter. Huang Zuyao doesn't have the energy to do anything for the time being. The UOB Bank issue will keep them busy for a while."

“Should we continue to interfere in the affairs of United Overseas Bank? It will be a good thing for us to let them be in chaos for a while, so that it will be easier for us to take over Tiger Balm International.” Lu Yisong said.

"Just continue dealing with newspapers and don't let the heat of the matter die down. Let go of other things for now, lest we really become the villains of Singapore. We will have to deal with other people in the future." Li Wendi said seriously. Singapore will be the second base of Changxin Company and the Li family, so a good reputation is needed.

"Understood!" Lu Yisong continued to ask, "It is expected that the shares will be acquired to more than 44% tomorrow. Huang Yaozu's family has been operating in Tiger Balm International for a long time, and they should have many confidants. Should we clean them up?"

"How are your manpower preparations?" Li Wendi turned his head and looked at Lu Yisong and asked.

"At present, we only have half of the replacement personnel, and the other half needs to be found elsewhere." Lu Yisong said guiltily.

It has been nearly two years since the attack on Haw Par International and Yeo Hiap Seng Group. Li Wendi felt that it was understandable that Yeo Hiap Seng Group was still not well prepared for the takeover. However, the fact that Haw Par International was only half prepared made Li Wendi not very satisfied.

But it was not a good time to get angry. Li Wendi sighed and said, "Talk to Wentao and ask him to temporarily transfer some staff from the Hong Kong headquarters to help you. I will give you another six months. Tiger Par International must use all our own people. And train enough talents to take over the Yeo Hiap Seng Group."

"Yes! Boss! I will do my best this time and will not let you down again." Lu Yisong quickly assured.

"The group has invested a lot of money in Singapore. You need to find a way to return this money to the group. Do you have any ideas?" Li Wendi asked.

"The current Singapore property market is controlled by the government, and it is difficult for us to make a lot of money from it, so I plan to start with the Singapore stock market," Lu Yisong replied.

"What is the more specific plan?" Li Wendi continued to ask.

"The business operations of Tiger Balm International have returned to normal, so I plan to cooperate with Tiger Balm International to acquire some small companies. After the operations are almost done, I will raise the stock price to earn enough funds." Lu Yisong's idea was very naive and would take a long time.

"Just speculate in the stock market, it will make money faster." Li Wendi knew that Singapore's stock market laws were not yet perfect and there were still many loopholes to exploit. "Yes! I will do it immediately." Lu Yisong said.

In the next few days, Singapore newspapers continued to hype up the scandal of United Overseas Bank and attack Huang Yaozu's family. Fortunately, United Overseas Bank had complete procedures for lending to the Huang family, otherwise it would have been taken over by the relevant departments.

Although United Overseas Bank has escaped danger and has been unable to influence the acquisition of Tiger Balm International, the matter has been settled. Changxin Company controls the board of directors and the entire operation of the company with a 46% stake, and has laid off and replaced the personnel on the list.

The influence of the Huang Yaozu family in Tiger Balm International Company is almost gone, but they can still do something, albeit very limited.

Some managers wanted to change jobs, but Li Wendi certainly didn't dare to accept it. This is Singapore, not Hong Kong, and he had some concerns.

After turning the tables, Huang Yaozu immediately used United Overseas Bank's influence in Singapore's banking industry to openly warn his peers not to lend money to Changxin Company and all its subsidiaries, and not to even have any cooperation with them. These warnings also reached Citibank.

Unfortunately, Citibank has been in Singapore for many years and has been suppressed by local banks in Singapore. Now this warning has no effect on Citibank. Citibank's funds come from the United States, not deposits from Singapore residents. Its current business is more in the financial field, such as loans to Chang Shin Company and assisting in the acquisition of Tiger Balm International.

"These Americans are too arrogant. They actually ignored our note." Huang Yaozu was very angry.

Huang Tianji persuaded, "Dad, AIC Bank has not really integrated into the Singapore banking industry. They have been snatching business from local banks. Now they are only cooperating with some foreign companies. Local companies are generally not their customers, so they don't care about our warnings."

"Do you mean that we can't do anything to Changxin Company?" Huang Yaozu said gritting his teeth.

“Dad, we Chinese have a saying that goes ‘there’s a long time to come’. Who knows what will happen in the future? As long as the Changxin Group and Tiger Balm International are in Singapore, we will be a threat to them. They will definitely do things with trepidation.” Huang Tianji advised.

Huang Yaozu closed his eyes and thought for a while, "You are right! Daddy is confused because of anger. Do as you say."

"Thank you, Daddy!"

Li Wendi assisted Lin Dongmei in secretly establishing Singapore Hengxin Investment Company in Singapore. After the new company entered normal operation, the two flew back to Hong Kong.

However, it has been nearly two months since then, as Wendy Lee had to stay in Singapore to handle Haw Par International’s affairs and become a director of Yeo Hiap Seng Group’s board of directors.

Starlight Real Estate Office

Hu Jian is reporting on his work. "The acquisition of Nikkatsu Films in RB is going smoothly. We already hold 43% of the shares and have become the largest shareholder. However, we have not yet sent anyone to the film company."

"There is no rush to take over Nikkatsu Film Company. We don't have the right candidate yet. The most suitable managers for this company are Japanese. We Chinese will still encounter big problems if we try to manage it." Li Wendi said thoughtfully.

At this time, the Japanese people were full of national sentiment and were quite hostile to outsiders, so they needed loyal Japanese people to run Nikkatsu Film Company.

"However, we can do something else. We can first set up a new company under Nikkatsu Films, and then inject all of Nikkatsu Films' theaters, land, and properties into this new company and hire a professional manager to manage it." Li Wendi continued, "These core things need to be in our own hands. As for other business industries, let the original senior management handle them at will."

(End of this chapter)