James clapped his hands immediately after hearing his response. “Okay. Let’s say it‘s 10 billion, from this 10 billion, after deducting some other expenses, there will be almost 9 billion left. You have 60% of the shares, so your final dividend will be more than 5 billion. That is to say, there are almost 4 billion left to be distributed to other shareholders. Am I right?”
Matthew nodded. This would be the ideal case, but in reality, things wouldn’t always go according to plan.
James continued, “Well, let‘s say you get 5 billion and the shareholders share 4 billion, after this project is completed, we will eventually be able to get 5 billion, or even less than 5 billion. However, Matthew, did you know that if Liam is the general manager, favonovel.com will be able to get back almost 1.5 billion to 2 billion worth of rebate from this basic renovation alone! Do take note that we don’t need to share this money with the other shareholders.”
Matthew frowned. Finally, favonovel.com vaguely understood what James meant.
James became more and more worked up and said loudly, “That is nearly 2 billion in our pockets! And this is not the end of it. The basic renovation costs a lot, and we would have to scrap the subsequent earnings as an expense for basic renovation. In other words, the dividends that can be distributed in the end would be about 7 billion. From the 7 billion, you can get 4 billion. while the other shareholders get 3 billion. Just from this calculation, our family can make 6 billion! Matthew, do you understand what this means? We only have to let Liam manage as the general manager, and our family can earn an extra 1 billion! Do you understand how big of a deal this is?”
Sasha finally understood, and favonovel.com eyes widened from shock.
“Dad… H-how can you do such a thing? You are obviously deceiving the other shareholders! Those people trust us, and that’s why they decided to work with us in the first place. If you do this to them, how are you gonna face them in the future?”
James waved his hand. “And this is why I say that you are not suitable to be the chairman! Sasha, this is business, you have to be calculative in order to get the maximum returns. Are those people only cooperating with us because of trust?”
“They came to cooperate with us for the sake of profit! If there is no profit, l‘m sure they would run away, one faster than the other! Let me tell you, in the face of real interests, all trust is fake, and making money is the only truth, and that is the real purpose of the business! I asked Liam to do this to maximize the interests of our family. Do you understand?“
Sasha was stunned. ‘Well, according to what Dad just said, did Liam just become the hero of the story? How does that work? He embezzled so much money from the company just to make more money for the family, and now, favonovel.com is the hero? What?!’
“Dad, this is wrong! We can’t explain to the shareholders the unreasonable cost of the renovation. Besides, he’s cutting too many corners. Those who bought the villas will hold us accountable if they found out. By then, it won’t be easy for us to handle!” Matthew rebuked.
James waved his hand. “How can you not deceive people in business? That’s why I have you to handle the shareholders. Don‘t they trust you completely? As for those who bought the houses, just coax them first by all means. Our goal is to get the sale! As for the follow, up situation, since the villas have been sold, they have nothing to do with us anymore! There are so many people in Eastcliff who have defended their rights after buying a house, but how many of them succeeded?”
“In the end, they all had to accept their fate! Matthew, let me tell you again, Making money is the most important thing in doing business. Okay?”
Matthew frowned while thinking that James‘ values were too distorted.
He had no bottom line when it came to profit!
Visit VIRTUAL NOVEL for more available chapters of this title!
