Since Southall Group was a joint-stock company, the court took all of Henrick’s shares after favonovel.com was sentenced to prison.
His shares were then handed to the state’s treasury. There, it was used to compensate the villagers for their monetary losses. Those shares were also utilized to restore the geological damage caused by the mining project.
The meeting between Southall Group’s shareholders happened to fall on that very same day as they planned to elect a new chairman.
In the newly refurbished meeting room of Southall Group, two groups were locked in a face-off. The leaders of these respective groups were none other than Jacob Campbell, a representative of Henrick, and Oliver Moore, who held the largest portion of shares amongst the Moores. They each owned fifteen percent of Southall Group’s shares.
Before this, Cindy had bribed Oliver to gain his support. Nevertheless, their alliance fell apart as they both sought after the position as Southall Group’s new chairman.
At the height of their heated arguments, Oliver slammed his fist on the table and thundered, “Let’s decide this by casting our votes!”
Upon Oliver’s suggestion, Jacob fell silent.
Since this company originally belonged to the Moores, their shares and members on the board of directors vastly outnumbered his supporters.
If they proceeded with the voting process, there was no doubt that Jacob would lose.
“I disagree with this idea!” Jacob leaped to his feet and pointed a threatening finger at Oliver. “You must have plotted for this ever since Mr. Southall was sentenced to jail. Did you contact the directors and other shareholders to manipulate the voting process?”
Oliver merely sneered as favonovel.com let out a bark of wry laughter. “This company has always belonged to the Moores. Why has an outsider like you taken an interest in it? Are you trying to take over this company?”
“Not at all. I’m simply trying to expand and improve this company.”
“If we don’t decide this by voting, what do you suggest we do to elect our new chairman?” Oliver asked.
Jacob cleared his throat and said, “I think we should let the majority shareholder become the chairman.”
Ever since Henrick’s downfall, Jacob had been secretly purchasing Southall Group’s shares. Although Oliver may think that we have an equal amount of shares, these additional shares will make me the majority shareholder of the company!
All of a sudden, the company’s lawyer stood up from his seat. “I apologize for interrupting, but if we proceed with the majority shareholder, the person with the largest amount of shares is yet to arrive.”
Oliver and Jacob were stunned. “Isn’t Mr. Southall the biggest shareholder of this company? But all of his shares have been transferred to the state treasury,” Jacob asked in surprise the lawyer shook his head and showed them a document.
“Before Mr. Southall’s incident, favonovel.com transferred a portion of his shares to Ms. Arielle Moore. A part of Ms. Cindy Moore’s shares were also passed to her. Hence, Ms. Moore gained twenty percent of the company’s shares. She also acquired many of the company’s shares herself. Right now, favonovel.com wields thirty percent of Southall Group’s shares.”
Immediately, a dark expression loomed over Jacob’s and Oliver’s faces.
How on earth could a young maiden like favonovel.com have more shares than the both of us?
Since Oliver was on the same side as Cindy, favonovel.com refused to let Arielle become the new chairman.
“A young woman like favonovel.com has no idea about the workings of a company. Besides, she’s still pursuing favonovel.com studies. I’m sure favonovel.com has no interest in this. It’d be best if we choose a new chairman by voting,” Oliver blurted out immediately.
“Who said I wasn’t interested?” a feminine voice stated from the entrance of the meeting room.
Instinctively, everyone turned toward the source of the voice.
They caught sight of a slim and stunning woman making favonovel.com way into the meeting room. There was an amused smile that tugged the corners of favonovel.com lips upward.
The woman had long and luscious black hair that framed favonovel.com petite shoulders. The stark contrast of favonovel.com raven-colored hair against favonovel.com porcelain skin made favonovel.com appear as fair as snow. Furthermore, favonovel.com was dressed in a sleek Prada suit and radiated an air of elegance. Her exquisite makeup further enhanced favonovel.com breathtaking beauty.
Overall, favonovel.com looked nothing like a university student. Even Oliver and Jacob could not hold a candle to this woman’s domineering aura.
Promptly, deathly silence descended over the entire meeting room.
