Macau gambling license auction triggered another major event, that is, Liang Anqi 's son He Youheng resigned from the board of directors of Macau Entertainment Complex, and Huo Zhenting 's son Huo Qishan officially entered the board of directors of Macau Entertainment. At present, on the board of directors of Macau Entertainment Corporation, more than half of the Erfang and the Huo family are members. Of the 9 members of the board of directors, 5 are from the Erfang and the Huo family. They are Zhenting Fok, Huo Zhenhuan, and Huo Qishan, and the other is He Chaofeng and He Chaojia .
He Chaofeng is also the chairman and managing director of Australian Entertainment. In addition, in terms of shares, He Chaoqiong and Huo Zhenting have long reached an agreement, and the two parties have become concerted actors, controlling more than 50% of the shares in total.
So what does it mean that Huo Qishan joins the board of directors of Aussie Entertainment at this time? In the short term, it is mainly to deal with the bidding of gambling cards. In the long term, the situation will be different, and even the future of Macau will change.
Macau Entertainment Company is the oldest gaming company in Macau. Back then, Stanley Ho , Huo Yingdong and others jointly established this company. However, the Huo family has rarely participated in the management of the company for many years. In the early days, , Ye Han and managed together with Stanley Ho. Later, when Ye Han was forced out, Ho Hongshen managed alone.
In the 1980s, Fok Yingdong planned to sell all his shares to Stanley Ho, to completely withdraw from the Macau gaming industry. However, Stanley Ho agreed at first, but because he felt that the price of 1 billion was too high, the matter was shelved. But for many years, Huo Yingdong still did not participate in the management of the company.
Until 2003, Fok Ying Tung simply donated all the shares he held in Macau Entertainment Company and established a Macau Fok Ying Tung Foundation, and stipulated that 50% of the foundation's donations should be made in Macau, and the remaining 50% of the donations would be made in the Mainland . Before the flood in Henan, the Huo Yingdong family donated 10 million through this foundation.
But after Huo Yingdong's death, his children obviously did not arrange work and family business according to Huo Yingdong's last wish. Before Stanley Ho's death, Zhenting Fok, as the chairman of the Macau Fok Ying Tung Foundation, had reached an agreement with He Chaoqiong.
Because Huo Yingdong has donated his equity, so SJM makes money or not. In fact, it has nothing to do with the Huo family in theory. The money belongs to the Macau Huo Yingdong Foundation, which is always managed by the Huo family, which means the management of these shares The right is still in the hands of the Huo family.
The Huo family definitely hopes that SJM can develop better, so that the foundation can get more money and do more charity. However, in recent years, Stanley Ho has been seriously ill. Under the management of the He family, the development of SJM has not been as good as before, and has been surpassed by Sands and Galaxy. Now the gap is getting bigger and bigger.
Under this circumstance, the Huo family must also make their own shots. Huo Zhenting and Huo Zhenhuan entered the game more to help, so Huo Qishan would be sure.
Perhaps Huo Qishan will become the backup force of SJM in the future, and may even succeed He Chaoqiong. On the He family's side, there really is no good candidate among the younger generation. He Youjun has the greatest potential, but he is not interested in family business. Others, whether male or female, can't see which one has more potential for the time being.
, but Huo Qishan is different. He has worked in the Huo Yingdong Group for many years, and his ability has been recognized by everyone. In recent years, he has made frequent appearances in the society, and his image is absolutely positive. The He family and the Huo family are both major shareholders of Macau Entertainment Company, which is also a major shareholder of SJM. Huo Qishan's appointment as a director this time is estimated to be paving the way for the future. It is estimated that the first step is for Huo Qishan to be a director, and the second step is for Huo Qishan to take over the co-chair position of Huo Zhenting in SJM. Liang Anqi has already said that she will focus on personal asset management in the future.
The key point is that she is 62 years old, and now she has three grandchildren. She is probably enjoying family happiness at home. SJM has three chairmen, besides Fok Zhenting and Liang Anqi, the rest is He Chaofeng. He Chaofeng is actually He Chaoqiong's stand-in, and it is the elder sister He Chaoqiong who really gives the order.
He Chaoqiong and He Chaofeng are not too young, they are both around 60 years old. In fact, the Stanley Ho family has split, and now the Huo family is the major shareholder of Aoyu. In other words, it is not impossible for Huo Qishan to take over the entire SJM in the future. Huo Qishan is young and strong, and his ability is also online. In fact, SJM is a joint-stock company. Whether the Huo family is in power or the He family is in power, the key is to make every shareholder make money, so that everyone has no opinion.
If this is the case, Huo Qishan becomes the next generation head of SJM, then he will have the opportunity to challenge the position of Macau gambling king. After Stanley Ho's death, the Macau gambling king has been snatched away by Galaxy's bosses Lu Zhi and . Before the epidemic, Galaxy was already the two giants in Macau, with an annual profit exceeding 10 billion yuan, which is three times that of SJM. After the
epidemic, Galaxy is the only company in Macau that is still profitable. In this new gambling competition, Galaxy came second in the primary. Lu Zhihe is now firmly in the position of gambling king.
Huo Qishan is now the hope of the younger generation of the He family and the Huo family. The problem with SJM today is that the development model is too old. The Shanghai Lisboa, which they built with a lot of money, was also losing money after it opened. In fact, compared with the venues of Sands and Galaxy, although Shanghai Lisboa has invested 39 billion yuan, it still takes the traditional luxury route.
Today's young people are not too cold about this ultimate luxury. The Upper Lisboa is modeled after the French Versailles . In fact, Shanghai Lisboa may not be as attractive to young people as City of Dreams under He Youlong and . Venetian, Londoner and other venues under Sands are very fashionable and interesting, and Galaxy Resort under Galaxy also concentrates all entertainment items.
hopes that Huo Qishan's joining this time can bring something different to SJM and rejuvenate this old gaming company.
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