His Genius Wife Is A Superstar novel Chapter 1192

Chapter 1192 - Second Thoughts

While Iris was discussing her business proposition to open a Filipino branch of Orchidia Beauty with Linda Chua, Jin Liwei was also having a similar discussion with Marjorie’s husband.

Paul Ferrer was a rather successful senior real estate agent in the Philippines. The first time that Jin Liwei met the man was when the Chua family celebrated Christmas with them last year. He had already chatted with Paul about the real estate situation in the Philippines.

"Now that my wife wants to open a branch of her business in the Philippines, I think that it’s good for our family to buy a vacation property there," Jin Liwei said. "Xiulan has been wanting to visit your country."

"There are property ownership restrictions for foreigners in the Philippines," Paul replied before explaining the rules.

Jin Liwei nodded. "I’m already aware of some of these rules. Although Jin Corporation doesn’t have a Filipino branch, we have partnerships with several well-established Filipino companies. Jin Corporation has quite a number of investments in the Philippines but they’re not that substantial compared to what we do in other countries where we have official branches. I never thought of buying a property there before this. But my wife’s close connection to your family has made me very interested."

"I can help you if you’re really interested. But like I said, there are a lot of restrictions for foreigners like you. I think that the best option for you is to buy through a corporation but the only issue is that the corporation must be at least 60% Filipino-owned. If you’re willing to give up that much equity, then I’ll find you and Xiulan the best property in the Philippines that suits you."

Jin Liwei glanced at Grandpa Lu who was chilling with the lazy Ice Cream on his lap. [Read official chapters on W e b n o v e l (dot) com. Please stop supporting piracy. Also follow author on Instagram: @arriacross] _{frёewebnoѵel.ƈo๓}

"Up to you, my boy!" Grandpa Lu told him. "This old man is already retired! Your beloved grandpa just wants to enjoy the rest of my days and dote on all my precious great-grandbabies before my life in this world ends. You’ve been the head of Jin Corporation for many years now. Do what you think is best. I won’t interfere as long as you don’t send the company that your late grandfather, my brother—bless his soul—and I worked so hard to establish back in the days!"

"Alright, Grandpa Lu. Please don’t worry and leave everything to me."

Grandpa Lu nodded but had a thoughtful expression while stroking his perfectly groomed white mustache with one hand and petting the napping Ice Cream with his other hand.

Then he said, "But I think that it’s better if you let Xiulan my girl do it instead. Jin Corporation has a board of directors that will want to feel involved in every major decision that you plan for the company to take. They’ll demand endless bloody meetings, voting, and deliberations. Bah! Who knows how much time those numpty-tumpties will waste until you can start with your actual plan? Hmph! This is why I was so against when your grandfather gave away a portion of his personal shares to so many others back then. Although those people deserved them, many of their heirs who inherited the shares don’t!

"If I didn’t continue to hold on to my original shares, then so many backstabbing vipers might have already succeeded in swallowing our company! Hah! As if I, Lu Jianhong, will allow that to happen! Over THEIR dead body, not mine!"

It didn’t take long for Jin Liwei to consider Grandpa Lu’s suggestion. He agreed with him. He glanced at his wife who was now smiling in satisfaction. It seemed that Iris succeeded in poaching Linda Chua.

"Indeed, it might be better for my wife to do it instead. All of her companies are private companies and don’t have board of directors for now. She has more freedom and flexibility to do what she wants as the owner. I’ll discuss this with her first."

Grandpa Lu nodded and didn’t bother about any of their conversations anymore.