louisehourcade Chapter 549 - 237: Came in Fine, Alas, Can’t Go Back
Chapter 549 - 237: Came in Fine, Alas, Can’t Go Back
Hultas James pinned all his hopes on his subordinate Michelle Greg, hoping she could deal with her ex-boyfriend to establish contact with Haiyalantis.
Michelle Greg called her ex-boyfriend, inviting him to spend the night at the Bvlgari Hotel.
After a tumultuous night, the two lay in bed chatting.
First, they reminisced about old times, then they got down to business.
Men find pillow talk hard to resist, so Joe Smith agreed to his ex-girlfriend’s request.
Early the next morning, Joe Smith went to Haiyalantis to find Huang Lvxie.
Zircon Investment holds 12% of Haiyalantis’ shares, making it the fourth-largest shareholder of the hotel.
He proposed to evaluate Huasheng Investment’s entry into Haiyalantis. As CEO, Huang Lvxie naturally had to quickly report the situation to the major shareholder Yang Chen.
If Yang Chen thinks it’s viable, then a shareholders meeting should be convened to discuss it; the procedure must be followed.
If Yang Chen believes it’s not feasible, then it should be directly rejected.
After all, if the major shareholder disagrees, a shareholders meeting cannot even be convened.
Yang Chen was sleeping with Lin Yiren when Huang Lvxie called.
The ring awoke the two of them.
Lin Yiren quickly got up to make breakfast, and Yang Chen answered the call.
Huang Lvxie explained the situation to Yang Chen.
Yang Chen immediately refused, saying, "Doesn’t President Huang go online? Doesn’t he know that Huasheng has already been tarnished? After all, we are the second seven-star hotel in Dragon Country, we need to cherish our reputation."
Huang Lvxie: "Ah? Is that the case? It’s just the peak season for spring outings, the hotel is especially busy, I didn’t have time to go online and truly didn’t know what happened. I’ll reject them now."
Yang Chen: "Mhm, tell them it was my refusal!"
Huang Lvxie: "Alright."
After hanging up, Huang Lvxie quickly checked the recent news about Huasheng Investment online. The more he looked, the more alarming it became; there’s no way such a disreputable company could survive in Dragon Country. Agreeing to let them invest in Haiyalantis would be a self-inflicted wound.
Huang Lvxie angrily told Joe Smith, "Mr. Smith, since Zircon Investment bought into our hotel, you’ve received no less than 200 million in dividends, haven’t you? Are you not satisfied with this return?"
Joe Smith: "No, no, no, we are very satisfied. This investment is one of our most successful among many. I don’t understand why Mr. Huang would say that?"
Huang Lvxie: "If that’s the case, then why would you harm us? Huasheng Investment is already disgraced; its reputation is ruined, yet you still want to introduce them to invest in our hotel. We are in Dragon Country, and our main clientele are Dragon Country people. If they knew we had such a disreputable company among our shareholders, do you think our business could continue? We do not expect you to bring great help to the hotel, but you shouldn’t deliberately sabotage it either, right? Fortunately, Mr. Yang knew about Huasheng’s tarnished reputation and immediately refused. Had we not been online or informed, you would have harmed us."
Joe Smith: "I know Huasheng Investment is facing a reputation crisis, but Dragon Country people have short memories, they’ll forget it after a while. Why should we be so caught up in this issue? We could even take this opportunity to get Huasheng Investment to pay several times more to buy shares, benefiting all shareholders. Isn’t this good?"
Huang Lvxie: "Are you kidding me? You investment companies only care about profit and completely disregard the future development of the hotel. Even if they are willing to pay several times more to buy shares, you make the money, recover the investment, and can withdraw anytime. But what about us shareholders who genuinely want to continue developing Haiyalantis? When the hotel’s reputation is tarnished, how can we continue?"
Joe Smith: "I don’t disagree with what Mr. Huang said. But as a representative of the fourth-largest shareholder, I have the right to call a shareholders meeting to discuss the matter of Huasheng Investment’s entry. The major shareholder cannot refuse; he doesn’t have the power to strip me of my rights as a shareholder."
Joe Smith felt that Yang Chen, owning only 38% of the shares, didn’t necessarily have the last word.
As long as a shareholders meeting is held, anything is possible.
It was obvious that this guy was going to great lengths to please his ex-girlfriend.
Perhaps he thought that with his ex-girlfriend working in Hai City, they could occasionally meet, without worrying about his domestic wife finding out.
When a man is driven by lustful desires, there’s nothing he won’t attempt.
Huang Lvxie nodded and said, "Fine! You’re right; you do have the right to request a shareholders meeting. But let me remind you, doing so means opposing Mr. Yang, the major shareholder. Don’t think that just because you’re a Wall Street investment bank, he won’t dare to strike against you. You know nothing about his strength and temper!"
Joe Smith: "Haha... I’m merely exercising my legal right. Why are you trying to scare me? Is Dragon Country’s law nothing but a joke, unable to protect even the most basic shareholder rights?"
Huang Lvxie laughed heartily and said, "I don’t know why you’re so determined to do this, but I can tell you that playing games with words is pointless. I’ll call Mr. Yang right now, and you’ll regret the poor choices you’ve made."
Having said that, Huang Lvxie called Yang Chen.
Upon hearing how unreasonable Zircon Investment was, Yang Chen immediately felt a "killing intent."
It seemed clear that more of his own people had to be placed into the ranks of shareholders to prevent anyone from challenging the authority of the major shareholder.