In late January 2011, a dispute erupted among his wives and children involving the transfer of ownership of his private holding company, Lanceford. On 27 December Lanceford allotted 9,998 new shares, representing 99.98 per cent of its enlarged share capital, to two British Virgin Islands companies: Action Winner Holdings Ltd, wholly owned by third wife, Ina, holding 50.55 per cent and Ranillo Investments Ltd, equally held by each of Laam's five children, holding the balance. The allotment document filed with the Registrar of Companies was signed by Laam's daughter Daisy.Gough, Neil (27 January 2011). "What Ho did when he found out he was poor", South China Morning Post
