Rebirth of the Strongest Tycoon
Chapter 1001: Deep Calculations in the Struggle at the General Meeting of Shareholders
Weili smiled lightly, calmly took out a few copies from his briefcase, threw them directly on the table in front of Wade Shi Yahuai, and said rudely: "The copies of all the share certificates, the total Fifty-four percent of the shares, you can see for yourself!"
In the eyes of everyone, Wade Shi Yahuai didn't care about being angry, he picked up the equity certificate in front of him with a sullen face, and after looking at it one by one, he added the numbers in his mind, and came up with a number - fifty-four percent!
Exactly what Wery said!
Wade Shi Yahuai looked at the audience, and his eyes swept across the faces of Baker Jerry, Song Bo, and Liu William, the vice chairman of HSBC, and the resentment in their eyes was undoubtedly revealed.
These three are accomplices!
At this time, Weary's voice sounded again.
"Mr. Wade Shi Yahuai, do you see clearly? Am I now the largest shareholder of Cathay Pacific Airways?"
The tone of the speech was flat, but the content of the words was extremely arrogant.
Wade Shi Yahuai snorted coldly, threw the copy of the share certificate back to Wery, and sat silently in his seat without saying a word.
Wei Li didn't care, but smiled faintly, and continued to say to the audience: "Now, as the largest shareholder, I announce that the extraordinary general meeting officially begins!"
"Not much nonsense, go directly to the first agenda of this shareholders' meeting."
"Due to a major change in the company's shareholder status, and the current company directors Zhao Xiang, Liu Tai, Jones Federer... failed to perform their duties with diligence when performing their duties, which seriously affected the company's operations and damaged the rights and interests of the company's shareholders."
"Therefore, the aforementioned directors of the company are no longer qualified for the positions of directors of the company. According to the relevant provisions of the Company Law and the Articles of Association of Cathay Pacific Airways Co., Ltd., Jiuding Industrial Group, as the largest shareholder, proposed to adopt a cumulative voting system to remove the aforementioned director Zhao of the company. Xiang, Liu Tai, Jones Federer...etc.
As soon as Weili's words fell, everyone present changed color!
Some are shocked, some are puzzled, some are thoughtful...and so on!
The people Wery proposed to be removed were all direct descendants of Wade Shi Yahuai, who were appointed by him using the seats corresponding to the shares of Swire Airlines. There were a total of seven people.
For example, Baker Jerry and Song Bo, who were on the united front with him, and the directors arranged by Standard Chartered Bank and the Song family were all their own people, and they did not propose to remove them at all.
And for the company's development, the seven independent directors, whether or not they were nominated by Wade Shi Yahuai to join the company's board of directors before, belonged to his camp, Weary did not propose to remove them.
In addition, there are two other people who are not in the ranks of his proposed removal, it is the stunned Fan Keming (Matt Arnold) and Zhang Dasheng (Marlen Demps).
After the two looked at each other, they looked back and forth at Weary and Wade Shi Yahuai with some confusion, not knowing what was going on.
The two of them considered themselves to be members of Swire Airlines, and Wade Shi Yahuai took the lead, so before Wade Shi Yahuai came, they all stood with the directors appointed by the equity held by Swire Airlines, and their position was very clear.
Especially Fan Keming has this kind of mentality. After all, he is a director assigned by the executives of Xiangjiang Aircraft Engineering Company.
And Heung Kong Aircraft Engineering Company only holds 4% of the shares of Cathay Pacific Airways, which has not reached the 5% line.
But Swire Airlines assigned the 1 percent stake to Heung Kong Aircraft Engineering, giving the latter 5 percent of the voting power and the right to a board seat.
In addition to being the chairman of Swire Airlines and Cathay Pacific Airways, Wade Shi Yahuai is also the chairman of Heung Kong Aircraft Engineering Company and Hong Kong Airport Ground Handling Company. Fan Keming was appointed by Wade Shi Yahuai to Cathay Pacific Airways.
Fan Keming and Zhang Dasheng didn't know what was going on in their respective companies before they came, so they were confused and didn't understand why Weili would let go of the "direct line" targeting their two Wade Shi Yahuai.
At this time, some people in the rioting audience were already looking at them with strange eyes, as if wondering why they were "specially treated" by Wery.
Wade Shi Yahuai was not confused, at this time he was extremely shocked!
Weary was not trying to remove the entire board, but only seven directors who were completely loyal to him!
Wery is cutting his wings!
There is a huge conspiracy here!
Having been in the mall for many years, he immediately thought of a possibility!
Werry wanted to use the power of shareholders, the highest authority in the company, to disintegrate his foundation on the board of directors from top to bottom, and then according to Cathay Pacific's special board structure, his shareholding ratio was less than 66.7%. In the case of , get two-thirds of the voting rights of the board of directors!
The most critical place to achieve this goal is the seven independent director seats established by the "Articles of Association of Cathay Pacific Airways Co., Ltd."!
These seven independent directors are Werry's goal!
It is very likely that Wery wanted to convince him, shatter his prestige, and then force the independent directors to stand in line!
If the opportunity is seized, it is very likely that Wery will be beaten for a time difference. When he is caught off guard, he will control the company's board of directors and remove his chairmanship. Spirited up!
Without removing the board as a whole, the only way for Wery to oust his chairmanship would be a two-thirds vote of the board.
With seven independent directors on the board of directors, the seven director seats represented by his 37% stake cannot guarantee that his voting rights will always be more than one-third!
We must hold on, we must not let Wery down in one wave, we must maintain our prestige when other directors do not know what to do, and buy time for the next self-rescue action!
Thinking of this, he was nervous and slapped the table on the table, as if to cheer himself up, and at the same time decisively and loudly objected: "I don't agree!"
After he finished speaking, he turned to look at Fan Keming and Zhang Dasheng, two "subordinates" who were shareholders, and signaled for them to come forward as well.
Facing Wade Shi Yahuai's gaze, Fan Keming immediately took a stand and said loudly, "I don't agree either!"
In Fan Keming's view, even if he loses the directorship of Cathay Pacific, he is still an executive of Heung Kong Aircraft Engineering Company, and Wade Shi Yahuai is still his chairman.
Zhang Dasheng's mentality is the same as that of Fan Keming, so he immediately stood in line and made a strong voice for Wade Shi Yahuai.
"I'm against it too!"
After his statement, all eyes were on Wery.
Although Wade Shi Yahuai, Zhang Dasheng, and Fan Keming hold only 44% of the total voting rights, they are still unstoppable.
But Weary just didn't want Wade Syaway to raise even the slightest bit of momentum.
And he also wants to let Zhang Dasheng and Fan Keming recognize the situation!
If the two of them can betray Wade Shi Yahuai on the spot, it will deal a huge blow to Wade Shi Yahuai's prestige, help the company's executives to understand the situation, and help him enter Cathay Pacific Airways.
Not only that, in Wei Lilai's previous plan, as long as Zhang Dasheng and Fan Keming were turned against the water, their directorships would be preserved.
And all the members of the Wade Shi Yahuai family on the board of directors will be swept out, and the incomplete board of directors will all belong to him.
In this case, the board of directors has not been completely removed and abolished, and the board of directors still exists, so there is no need to re-elect the board of directors.
In this way, it is only necessary to make up the director seat.
There is a fundamental difference between re-election of company directors and re-election of the board of directors.
The re-election of the board of directors requires the approval of two-thirds of the shareholders at the meeting.
However, only one or two directors are elected, and only a half-vote of the general meeting of shareholders is required.
Wery just wanted to take advantage of this gap to veto all the directors proposed by Wade Shi Yahuai, and then rely on him for more than half of the voting rights, and then send his own people to the board of directors.
After a few more operations, Wade Shi Yahuai will be powerless!
The most important thing now, of course, is to win Zhang Dasheng and Fan Keming!
Wei Li suddenly looked at Zhang Dasheng, his eyes were as sharp as knives.
At this moment, Weili took out a stack of documents from his bag again and threw them directly in front of Zhang Dasheng.
Zhang Dasheng glanced at it, and when he saw some of the words above, his face changed greatly.
And when Wade Shi Yahuai saw the familiar cover, he naturally knew what it was, and his face became particularly ugly.
Wei Li's voice sounded at the right time: "Zhang Dasheng, take it up and take a look, who is the boss of the ground handling service company of Xiangjiang Airport!"
"Whether you can stay in the company or not depends on your own choice!"
Feeling the focused eyes from all around, Zhang Dasheng swallowed nervously.
He glanced at Wade Shi Yahuai, who had an ugly face, and then picked up a stack of copies with trembling hands and flipped through it.
24% equity certificate of Heung Kong Airport Ground Service Company!
Sixteen percent proof of stake!
Fifteen percent proof of stake!
11.5 percent proof of stake!
Total shareholding ratio - 66.5%!
After calculating this number in his heart, Zhang Dasheng trembled.
Jiuding Industrial Group actually holds 66.5% of the equity of the Hong Kong Airport Ground Service Company!
Although it is less than two-thirds, as long as it exceeds 50%, he can be directly removed as a director of the company's board of directors through the shareholders' meeting as it is now.
As for his status as an executive, as long as Jiuding Industrial Group takes over, there is also a way to remove him.
As a relatively small shareholder, how can Swire Airlines compete with the major shareholder Jiuding Industrial Group?
If Werry wanted to keep him, he could definitely stay in the company, and even Wade Schwarzwald's proposal to remove him from the directorship wouldn't make it past the shareholders' meeting.
If Wery was going to kill him, he'd be kicked out of the house.
Seeing Zhang Dasheng's change in expression, his position was clearly shaken, and Wade Shi Yahuai panicked.
He said to Zhang Dasheng sternly: "Ma Lun, you have to think carefully!"
Wei Li smiled lightly and said meaningfully to Zhang Dasheng: "Zhang Dasheng, there is only one chance, you are already forty-five years old, you should understand the importance of choice!"
"I'll confirm with you again. Do you agree or disagree with my proposal just now?"
Facing the attention of the audience, Zhang Dasheng took a deep breath and his eyes instantly became firm.
Wade Shi Yahuai, who had been watching the change in Zhang Dasheng's expression, clenched his fists subconsciously and stared at Zhang Dasheng with bated breath.
For a long time, I only heard Zhang Dasheng spit out three words decisively!
PS: There will be one more update tonight as long as the power is not turned off. Now continue to write and ask for a monthly ticket for recommendation!
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