Chapter 576 - Lu Jingho, Out Of Control? - Part 1
Monday
Lu Jingho entered Lu Corporation's office, furious with what had happened over the weekend. Firstly, the announcement that highly lucrative television series production for European television had signed a deal with Hou Enterprises and XF International, was concerning. Then the announcement of the agreement for a yet unnamed Hollywood film, using their artists but Hou Enterprises sound stages.
Both deals three weeks ago were in the final stages for contracts to be prepared and signed. Someone had screwed up as that is a massive chunk of profits gone. While his lawyers had told him, he needed to stay away from Lu Corporation to protect everything, this was a disaster that needed to be fixed as soon as possible. The money was necessary given the upcoming development contracts in place and the penalties in them.
The reception staff, having not seen him for a few weeks, realised how angry he was before stepping back to simply allow him to go where he wanted. They had all learnt in the past, that when he was as angry as he seemed, the last thing anyone wanted to do was to draw attention to themselves through any interactions with him. All a couple of staff members did, was telephone senior management upstairs to warn them he was coming up.
Most of the senior management staff, excluding members of the Lu Family were generally competent at their jobs and they did not deserve to be exposed to this. More importantly for the reception staff, they acted wherever they could to protect them from members of the Lu Family.
Three minutes later, Lu Jinhgo entered the senior management area and headed straight towards the deputy Vice-CEO responsible for the Entertainment division's Tang Din, office was located. Despite secretarial staff trying to stop him he pushed past them and stormed into the office, shouting "What in the world are you doing."
Deputy Vice-CEO Tang ending the telephone call without much care, the response was "Mr Lu, you know that you are not presently to come into the office. Yes, through the trust you technically own twenty percent of the shares, you have no role."
"DO NOT tell me I have no role. How in the world did you screw up two deals that just had the contracts to be finalised and signed? And now I hear rumours that there is a potential development that will threaten the profitability of our studios in Studio City. Are you incompetent or what?" screamed Lu Jingho, starting to draw a crowd.
"Mr Lu, please calm down so I can…"
"Do not tell me what to do you incompetent person. No one tells me what to do" screamed Lu Jingho even louder if that was possible.
Realising that he was incensed and the possibilities that that could mean if he was not careful Deputy Vice CEO Tang, took a deep breath before starting to continue. "Mr Lu, I am not trying to tell you what to do, all I asked was if you could be calm, as we are drawing an audience, and I was about to say that this was a conversation better had in private."
With that he moved around, out of the react of Lu Jingho and shut the door, to minimise the impact of this visit. He had, as soon as the door opened activated the recording facilities in the room to protect himself.
Turning to Lu Jingho, he said "Mr Lu, now can you tell me what the problem is, so I can see what I can do to answer you."
Spitting out the response as he was angry that others within the company could not hear this, "You have damn well screwed up. The deal was done for both the television series and the Hollywood film, all that had to happen was the contracts finished and signed. Now both have damn well gone."
"Mr Lu, we were as surprised as you were, and had no idea that it was going to happen. We had finalised the contracts and sent them for signing Wednesday last week, with a promise that they would be returned to our office by Wednesday. There were no signs, and we had been keeping a careful watch on the executives involved with that joint venture"
"The only potential close call was a few weeks ago, when CEO Hou met his wife in Hong Kong. What we found out was Madam Hou's nieces from Australia were in Hong Kong for a dance school tour, and CEO Hou simply went to collect her at the end of that trip before returning here. He had been in Europe for the week, so there is no way that there could be anything there."