NovelEnglishLogically speaking, the three brothers held exactly 51% of the shares of their company, which was just in line with the absolute holding ratio. As long as the three brothers worked together, Golding Group would be under complete control of the family. 6 However, Adrian and Rogan wanted to rob Yule's shares, seeing that he was about to die.
Since Adrian's schtoday to get the shares failed, h e prepared to pressure Yule into giving up his shares during tomorrow's board meeting.
Follow on NovᴇlEnglish.nᴇtEven if Yule wouldn't agree to his terms now, he would definitely force Yule to give up the chairmanship to him tomorrow! 3 As the saying goes, a country cannot be without a ruler for one day.
A business empire as big and diversified as Golding Group could not be without its chairman.
Although Yule was still alive, he was very sick. If he were to undergo treatment, he wouldn't have the energy to manage the company's affairs, but if he didn't, he would not live long. 4 Hence, now was the best tto abdicate his position as chairman.
No matter what, they needed to get Yule to hand over his chairmanship and power first before they could slowly plan for his share of the company. 5 If worse cto worst, they would resort to the most extrtactic, that was, to kill Rachel and Quinn after Yule died. In this way, the shares of the three members of the family would naturally fall into Adrian's and Rogan's hands. 3 However, he didn't dare to execute such an extrmethod. It was because the rich families in Eastcliff were very well-connected and the heads of each family knew the situation of the other families like the back of their hands. If he really committed such a vicious crime, he couldn't escape from these bosses even if his plan was perfect.
By then, all the people in the upper-class society of Eastcliff would know that they had murdered Yule's family. That would have too great an impact on the Golding family. 5 After all, every society had its own rules, and in Eastcliff's gentry circles, whoever dared to make a move on their own family would be repulsed and rejected by everyone. At that time, the Golding family's assets, connections, status, and reputation would shrink significantly, i Thus, he preferred to be wise and cautious.
When Yule heard Adrian mention the board meeting, h e instantly knew that Adrian wanted to use the meeting to pressure him.
Follow on Novᴇl-Onlinᴇ.cᴏmNow that the year was coming to an end, many listed companies were beginning to make annual summaries, release annual financial reports, and make announcements to the public about the company's current status. A company as large as the Golding Group would be an eye-catcher. 2 Now that he was terminally ill, if he joined the board meeting and was seen in a pale and weak condition by the public, the public's confidence in Golding Group would shrink significantly, and by then, the stock would definitely plummet and the shareholders would face big losses.
Therefore, to avoid it from happening, the board of directors would definitely put pressure on him to give up his chairmanship.
Previously, the three Golding brothers-with a combined 51% of the company's shares-had absolute power of discourse on the board of directors, and the other shareholders had no power to force them to do anything. 1 But now, the tables had turned. His two brothers were going up against him. 2 He held only 25.5% of the shares, while the other 25.5% was in the hands of his two brothers. 4 If they decided to ditch him and join other board members to alienate him, his 25.5% shares would be n 0 match for them. 6
As long as their combined shares exceeded 51%, they couldlegitimately impeach him and force him to give up his chairmanship.
Thinking of this, Yule's face started to turn cold and gloomy. He said, "Adrian, I know what's on yourmind, but don't worry, for as long as I'm still breathing, I will be present at tomorrow's board meeting. Whatever you have in mind, I won't let you get away with it!" X
Visit our social media platform to read fascinating stories every day and connect with the community!
