Huo Zhenhuan's introversion and obscurity became a part of his philosophy of life.
He learned the spirit of perseverance and courage from his father, Henry Fok, and more wisely integrated the essence of China martial arts into his own business way and philosophy of life.
Huo Zhenhuan made full use of the decisive skill of Taiji Chuan, and was good at sizing up the situation, which not only avoided risks, but also combined rigidity with flexibility.
The combination of the essence of China Wushu and the way of doing business has made Huo Zhenhuan's business career for more than 30 years.
If you want to struggle, you must have a goal. If you have a goal, you can't go beyond it.
Huo Zhenhuan has found the goal of self-transcendence for Hong Kong-Oriental Swiss.
From Huo Zhenhuan's perspective, it is not difficult to see the innovative spirit of a new generation of business leaders who are far-sighted and down-to-earth.
In any case, Hong Kong needs such a wise man to navigate the future with a brand-new vision. 20 1 1 1 Five years after the death of Henry Fok, the late vice chairman of Chinese People's Political Consultative Conference, a dispute over production was exposed. Huo Zhenyu, the third son of Changfang, entered the court as the executor of the estate, accusing his brother Huo Zhenhuan of misappropriating part of the estate of 654.38+0.4 billion yuan, and forcing his brother and sister to sign a memorandum to confirm the identity of the sole beneficiary, otherwise they would not distribute the property.
Huo Zhenting pointed out that since the death of Henry Fok in June 5438 +2006 10, Huo Zhenhuan claimed to own a number of family assets, including 350 common shares of Huo Jiazu Huo Xingyetang Real Estate Co., Ltd., all shares of three overseas companies and assets of three overseas bank accounts. Subsequently, in 2007-2008, Huo Zhenhuan used various means to require the members of each house to sign documents to confirm their assets, and even distributed HK$ 500 million to some members of Fannie and Freddie who were willing to sign.
Huo Zhenhuan claims that the equity and account assets of overseas companies are only worth HK$ 65.438+HK$ 43.6 million, but Huo Zhenyu thinks that the valuation is too rough and outdated. In addition, Huo Zhenhuan also distributed jewels worth about HK$ 90 million in the estate without authorization.
The petition pointed out that Fok Ying-tung appointed three people as executors of the estate before his death, and arranged for the trustee to distribute fixed property from the estate to his wife and children every month after his death.
The plaintiff claimed that Zhenhuan transferred 350 shares of common stock held by Huo Yingdong's Huoqi Xingyetang Real Estate Co., Ltd., offshore companies and offshore account to private accounts, including transfer payment, and claimed to be the sole beneficiary of the estate.
During 2007 and 2008, Zhenhuan held a meeting with the members of each house, and asked the family members of each house to sign four memorandums of family arrangement, claiming that they were the sole beneficiaries of the equity held by Huo Xingyetang, and asked each house to sign to confirm their beneficiary status, otherwise they would not get any property, only a fixed monthly payment.
In the end, Fannie Mae and Freddie Mac signed the relevant memorandum, and Zhenhuan paid 509 million Hong Kong dollars to the members of Fannie Mae and Freddie Mac from the assets acquired by the offshore company without the consent of the other two estate executors and signing the memorandum.
The plaintiff believes that Zhen Xuan's practice involves a conflict of interest between the executor of the estate and the individual, during which he pressured and coerced the executor of the estate and other beneficiaries of the estate to unilaterally distribute the estate and take part of the estate for himself. Therefore, he asked to change his identity as executor of the estate, and Luo Jiezhi, the retired vice president of the Court of Appeal, replaced it with the plaintiff, and asked Zhen Xuan to explain the estate and the contents of the estate in the safe.
Just after the production dispute was exposed, Huo Tinghuan said through his assistant that he was not in Hong Kong and could not respond for the time being. His brother Huo Zhenting said through an assistant on the 20th that he would not comment.