Car-hailing Driver: Rewards from Complaints

Chapter 551 - 237: Came Here Fine, Alas, Can’t Go Back_3

At this moment, Yang Chen came to the second-largest shareholder, Li Song, and whispered in his ear, "Li Song, your finance company is suspected of illegally absorbing private funds, and secretly transferring those funds abroad. Am I right?"

Li Song froze, and didn’t even dare to breathe loudly.

Yang Chen then turned to the third-largest shareholder, Chen Le, on his right and whispered, "Chen Le, your sister-in-law embezzled public funds, and you covered it up using your Swiss bank savings without telling your wife and son. To thank you, she had a son for you outside. Did I get that wrong?"

Chen Le also froze.

Yang Chen smiled and gently patted Li Song and Chen Le on the shoulders with his hands, saying, "I’ll give everyone five minutes to think. After five minutes, we will vote on the proposal."

After speaking, Yang Chen left with Qiu Yuhong and others.

The other shareholders quickly asked Li Song and Chen Le what Yang Chen said to them just now?

The two didn’t dare to tell the truth, so they quickly took out the checks and returned them to Mr. Smith.

Li Song: "Mr. Smith, I’ll return this check. I can’t agree to a company with a bad reputation buying into our hotel!"

Chen Le: "I’ll return the check you gave me. I can’t agree to a company with a bad reputation buying into the hotel either. And to the other shareholders, take my advice, return the check. We can’t outplay Yang Chen."

Li Song: "I can only say that with Shield Security Group around, anything we’ve done can be found out clearly. Am I clear? Everyone, don’t be confused."

People in business, who doesn’t have some things they’d rather keep under wraps?

It’s just a matter of the size of the problem.

The other shareholders quickly took out their checks and returned them to Joe Smith.

Joe Smith was helpless and could only watch as everyone changed their minds.

Quickly, five minutes passed.

Yang Chen returned with Qiu Yuhong and others.

"Time’s up. We will now vote on the proposal. Shareholders agreeing to Huasheng Investment’s buy-in to Haiyalantis Hotel, please raise your hands," Yang Chen said.

Aside from Joe Smith, representing 12% of Zircon Investment, no one raised their hand.

Yang Chen: "Sorry, Mr. Smith, your proposal has not passed. I have a table here for everyone to see and then vote on."

Huang Lvxie quickly distributed the table that Yang Chen gave him to everyone.

This was a table of equity allocation after absorbing shares from Qiu Yuhong and others.

Yang Chen’s shareholding dropped from 38% to 35%, but Star Investment will hold 16%, which means Yang Chen will directly and indirectly hold 51%, becoming the controlling shareholder.

Qiu Yuhong and others together hold 29%, and they’re aligned with Yang Chen, effectively giving Yang Chen control of 80% of the voting rights.

The remaining shareholders together hold 20%, with the original fourth shareholder Zircon Investment’s share dropping from 12% to 3%.

All shareholders will invest or split profits according to their shareholding ratios.

To put it bluntly, Yang Chen wants to turn Haiyalantis into his own company, eliminating any future situations where other shareholders collude against him.

This distribution table is definitely unfair to the other shareholders. Aside from Li Song and Chen Le who were already intimidated by Yang Chen, the other shareholders expressed dissatisfaction and opposition.

"You’re forcefully lowering our shares, what do you take us for?"

"Yeah! You’re completely disregarding us!"

"Do you think we want to cash out and reduce our shares?"

"You drew up this allocation table without even asking our opinion, it’s too much!"

...

Yang Chen smiled and whispered a few words to each of those shareholders, mentioning some of their wrongdoings, then loudly asked with a smile, "Does anyone have any objections now?"

Except for Joe Smith, no one had any objections.

Yang Chen: "In order to ensure that our foreign shareholder has no objection, we’ll hold a lawful vote. Shareholders agreeing with this reallocation according to the table, please raise your hands."

Except for Joe Smith, all other shareholders raised their hands.

Yang Chen: "Very good. Thank you all for your cooperation. What I just told you all, I’m giving you a month to make corrections and remedies. If I find the problem still exists after a month, don’t blame me for reporting it. Shareholders increasing their shares and new shareholders should transfer the money to the company account as soon as possible, and shareholders whose shares are reduced should wait for the company to distribute profits. Today’s shareholder meeting ends here, meeting adjourned!"

Yang Chen came to Joe Smith and said with a smile, "Mr. Smith, in the future, it’s best to thoroughly understand your own and your opponent’s strengths before doing anything. Don’t overestimate yourself or underestimate your opponent. This time I’m leaving you some face, but if such a thing happens again, don’t blame me for not showing any mercy! Understand?"

Joe Smith quickly nodded.

Yang Chen walked out of the conference room with him, and Hultas James, who had been waiting for a long time, immediately had a frozen expression on his face.

What is happening here?

How did they end up with their arms around each other?

Yang Chen, with his arm around Joe Smith, came up to Hultas James and said with a smile, "Trash, give up on it. You won’t succeed in investing."

Hultas James quickly asked, "Joe, what’s going on?"

Joe Smith: "Sorry, our shares are too small, there’s nothing we can do. The checks you gave them, they returned them all, just hand them back to you."

Hultas James looked at those checks, then at Smith’s disappointed face, and then at Yang Chen’s smiling face, and instantly felt a pain in his heart, as if a breath was stuck in his chest, and then he suddenly blacked out and slumped over.

Joe Smith quickly caught him and called an ambulance to take him to the hospital.