SJM infighting, Ye Han is out!

Mondo Entertainment Updated on 2024-01-29

In SJM, the four major shareholders, Ye Han, Ye Deli, Stanley Ho, and Fok Yingdong, although the shares are not much different, the relationship is actually complicated. Ye Han is a gambling expert who used to run casinos, while the other three are not good at gambling. The struggle for power unfolded between Ye Han and Stanley Ho, forming a fierce internal game. Ye Han wanted to become the boss of the gambling industry, and deliberately excluded Stanley Ho, who was the most threatening to him. However, Ho Hongqian is ambitious, but he doesn't know anything about the gambling industry, and he needs Ye Han to play for him. As a result, there are complex power schemes and open and secret battles within the company.

Fok Ying-tung proposed to operate according to the modern company model, forming an "iron triangle of power": Ye Deli, Fok Ying-tung, and Stanley Ho. The start-up of a Macau entertainment company needs to use Ye Han's experience, reputation and prestige to open up the situation. However, on the other hand, he should not be given too much time and power so as not to grasp the real power of the company. At this time, Ye Han took advantage of this opportunity to focus on cultivating his own power, which intensified the internal struggle, and the business method became the most fierce breakthrough.

As the internal struggle intensified, Stanley Ho became a major shareholder by subscribing to a large number of shares, promoting the modern corporate system and weakening Ye Han's power. In 1975, Ye Han voluntarily resigned from his position and withdrew from the board of directors. Stanley Ho is in charge of SJM, and the company is making great progress and is known as the "gambling king", but the grievances with Ye Han are not over. The struggle between the two is not only a contest of gambling skills, but also a collision of two different ways of life. Yip Han is a gambler who focuses on turning the tables in the casino, while Stanley Ho is a shrewd businessman who has achieved great success through the modern corporate system.

Stanley Ho has led the company to remarkable results by operating a modern corporate system. On the other hand, Ye Han, although unrivaled in the casino, is conservative and conservative, resulting in a mediocre business for SJM. Stanley Ho proposed the construction of the Lisboa Hotel and promoted a modern company system through share expansion, and Yip Han was disadvantaged at the shareholders' meeting. In the end, Ye Han withdrew, and Stanley Ho gained real power. In 1982, Ye Han tried to steal the limelight with horse racing gambling, and Stanley Ho used the Macau ** cooperation plan to force Ye Han to withdraw. Ye Han eventually withdrew from the racecourse at a huge loss and sold his shares to a wealthy Hong Kong businessman.

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