Light Novel Pub
Chapter 621 - 621: 621 Company’s Equities
Chapter 621 - 621: 621 Company’s Equities
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
Old Master Zhuang returned to the old mansion with a tired face. He was already eighty years old. If he was not a young and energetic young man, how could he withstand such torment? Moreover, he still had a grudge in his heart, and he had to vent it.
In the Zhuang family’s old residence, a few old shareholders were waiting in the hall. Some of them were even older than Old Master Zhuang.
“Is everyone here?” Old Master Zhuang asked as he sat on the sofa.
The butler stood behind him and respectfully replied, “Sir, the Seventh Old Master has not arrived yet.”
The Seventh Old Master was Old Master Zhuang’s seventh uncle and his youngest uncle. He was about the same age as him and was 84 years old this year.
Old Master Zhuang waved his hand. “Let’s not wait for him. Just tell him the results when he comes.”
Third Uncle Zhuang sat on the sofa at the side. His legs were trembling slightly, and he was very afraid that there were so many people present today. This was because Old Master Zhuang rarely held such a large-scale meeting. Moreover, it was really abnormal for him to call all the major shareholders to his house for a meeting.
“Dad, why did you call so many people over? Is there anything else you need to say to us?” Third Uncle Zhuang gathered his courage and asked.
Old Master Zhuang looked at him calmly and said, “I’m sure everyone has seen and heard what happened at the banquet this afternoon. I don’t want to repeat myself. Let’s get straight to the point.”
“Dad, what happened in the afternoon was really strange.” Third Uncle Zhuang interrupted Old Master Zhuang’s words. “We need to investigate clearly before coming to a conclusion.”
Zhuang Che could not help but nod. “Grandfather, I really didn’t mean those words. I don’t know why I said those things. Someone must have poisoned me.” As he spoke, his stomach started to hurt. “Aiya, I have to go to the bathroom!”
Even though Zhuang Che had gone to the toilet, the meeting had to go on. Old Master Zhuang asked the butler to bring a few document bags and opened one of them.
“This is the Zhuang family’s company’s share transfer agreement. I plan to transfer half of my shares to Xiao Liu.” Old Master Zhuang said.
He had 40% of the shares in his hands, so half of it would be 20%. Zhuang Liu himself also had 5% of the shares. If he added this 20%, he would be the largest shareholder of the company.
How could the major shareholders have any objections? It was very normal for shareholders to transfer shares. Moreover, Zhuang Liu had just been announced as the next head of the Zhuang family. Even if they objected, they would not change Old Master Zhuang’s mind.
“Since you have no objections, then let’s execute it according to this.” Old Master Zhuang placed the document bag on the coffee table and tapped it twice with his fingers. “When Xiao Liu officially takes over the tasks here in the Capital, we’ll transfer the shares over.”
Zhuang Liu did not have any objections. Although the old man had asked him to take over the position of the family head and take over the company in the Capital, he was also given some time to settle the matters of the company outside. He had also told the old man about the capsule pen cooperation with TL Company, so he had to deal with this matter first before returning to the capital.
When Third Uncle Zhuang heard that it was a share transfer, he immediately became happy. They knew that the old master had shares in his hands. Now that the old master had given half of the shares to Zhuang Liu, the other half would definitely be given to them. If they could get 20% of the shares, they would gladly accept it even if they didn’t get to be the next head of the Zhuang family.
However, after waiting for a while, Old Master Zhuang still did not mention the matter of giving them any shares. The third son of the Zhuang family could not sit still anymore. He asked, “Dad, Xiao Liu already got his shares. What about us?”
Old Master Zhuang glanced at them and said, “These are the shares of the family head. The remaining half of the shares will be transferred to the next family head after I pass away. That’s how I inherited the shares from your grandfather.”
When Third Uncle Zhuang heard this, he immediately jumped up. “You mean I won’t get any of them?!”
Old Master Zhuang sat there calmly, “t’s not wrong for you to interpret it that way.”
“Why?” The third son of the Zhuang family kicked the solid wood coffee table. “It’s fine if you don’t pass the position of the family head to me. Why aren’t you giving me any shares of yours?!”
Old Master Zhuang said, “This is a rule set by your grandfather. 40% of the shares can’t be moved. It can only be handed over to the next head of the family.”
As long as most of the shares were in the hands of the Zhuang family’s head, the Zhuang family would not be eroded by outsiders..
Support us to help bring more chapters to you!