People in Hong Kong create super chaebols

Chapter 277: You don’t think you have a chance to win, do you?
All shareholders looked towards Su City.

Especially the six small shareholders, they were very curious as to why Sioux City had the ability to make even Habakak Andrew fearful.

The sudden acquisition of US$10 was a very big surprise for these small shareholders.

From this point of view, I have to thank the new shareholder in front of me!
Su Cheng looked at Zhang Qizheng and said, "Uncle Zhang, tell me!"

Zhang Qizheng nodded, stood up from his seat and said: "We are holding this meeting as shareholders this time, just for one thing. The position of chairman of the company is to be re-elected!"

"Oh? Why do you ask the company to run for chairman again? Show your confidence!" Habakak Andrew said calmly, with a sarcastic smile on his face.

Sure enough, as he thought, their goal was to rush to their position.

In the eyes of Habakak Andrew, this young Chinese-American from Sioux City was just a clown.

He suddenly felt that he was too wise and asked Mike and him to buy out six shareholders last night.

In this way, plus Mike's share, his support rate reached 39.76%.

With nearly 40% support, Habakak Andrew did not believe that Sioux City held more shares than this.

Although the trading volume in the market is not large, he feels that there are still more than 20 points of stocks in the hands of ordinary investors.

In this way, what else can this new shareholder have to fight with us?
"What if we rely on these?" Su Cheng took out 8 equity certificates directly from the bag.

Of course, this is not all the shares of Sioux City. These 8 equity certificates represent 8 shareholding accounts. One of them holds shares in the name of Sioux City and occupies 10.83% of the shares of Namei Entertainment. The shares were bought from Mr. Wollaston and Mr. Wayne.

In addition to these 10.83% shares, the remaining 7 equity certificates hold 25.96% of the shares. In other words, the total shares of these 8 equity certificates have reached 36.79%.

Habakak Andrew holds 23.84% of the shares, plus the second largest shareholder holding 12.38% of the shares, the total number of shares between them has reached 36.22%.

The stocks that Sioux City took out were only a little more than the stocks of Habakak Andrew and Mike combined.

Of course he did it on purpose.

Because Sioux City is not in a hurry at all, he is waiting for people from the FBI and the Anti-Corruption Department of the Department of Justice to arrive.

Then, let’s play with him!
In the eyes of Habakak Andrew, Sioux City is a clown.

In Su Cheng's eyes, Habakak Andrew is not a clown!

At this time, the minutestaker came over here in Sioux City, checked his share certificates, and then calculated the total number of shares.

"Mr. Su owns a total of 28982548 shares of the company, accounting for 36.79% of the company's issued shares!" the meeting recorder reported truthfully to all shareholders.

Habakak, Andrew and Mike looked at each other and suddenly felt so lucky.

"Mr. Su, you don't think that you are sure of winning, do you?" At this time, Habakak Andrew stood up and said calmly. "As far as I know, Mr. Habakak Andrew only holds 23.84% of the shares. Mike is your brother. I know that you have always been in the same group. But together, you only have 36.22% of the shares. And here, I have I own 36.79% of the shares, and I think I have the qualifications to serve as the new chairman of Namei Entertainment!" Su Cheng looked at the calm Habakak Andrew and said with a smile.

"I admit that the company equity in my hands is indeed not as large as Mr. Su's, but sometimes, it is not a good idea to go it alone. For the sake of Mr. Su being so young, I will let you see the cruelty of society. Let’s go!” Habakak Andrew was not far from where Su Cheng was sitting, and he smiled towards Su Cheng.

Then, Habakak Andrew stood up again and said into the microphone: "At the request of the shareholder Mr. Su Cheng, in accordance with the company's rules and regulations, this shareholder meeting will hold an agenda on whether to re-elect the chairman, and there are currently The two candidates are myself, Habakak Andrew, and Mr. Sioux City. Next, all shareholders will vote by show of hands."

The articles of association of Namei Entertainment Company stipulate that shareholders’ voting rights are exercised in proportion to the shares they hold. Therefore, the proportion of equity owned will determine the number of voting rights!
Everyone at the scene fell silent, waiting for the next move.

"Those who abstained from voting in this election, please raise your hands!" Habakak Andrew continued.

After waiting for a while, no one raised their hands.

"In this election, those who support Mr. Su Cheng as the new chairman, please raise your hands!" Habakak Andrew continued to say with a smile.

Sure enough, as Su Cheng thought, no one raised their hands except himself.

"In this election, those who support me, Habakak Andreu, to continue to serve as chairman, please raise your hands!" Habakak Andreu said with confidence again.

When this sentence was finished, except for Su Cheng, all the other shareholders present, including the six small shareholders, all raised their right hands.

For these six shareholders, the vast majority of their equity holdings are around 1%, and they usually do not have much power. Since they have received US$10 in benefits, they cannot break their promises.

Now, Habakak Andrew was even more proud.

"I'm sorry, Mr. Su, to tell you some unfortunate news. All our shareholders who support me own a total of 39.76% of the equity. That is to say, the support rate is higher than the 36.79% of the equity you own, so the chairman of the board The position will continue to be held by me!" Habakak Andrew said with a smile.

For Su City to own 36.79% of the shares, Habakak Andrew was also unexpected. Fortunately, he kept it!
At the same time, he decided to continue buying stocks in the stock market immediately after the meeting. Although there are not many pending orders for Namei Entertainment's stocks, even if it is only 1 or [-] points higher, it will be more stable.

After all, now that he has become the company's largest shareholder, he cannot just give up.

If possible, find a way to force him to sell off the company's shareholders.

With such a major shareholder above his head, Habakak Andreu will definitely not be able to rest assured.

One day he might really be overthrown, so how can he still control the company?

Moreover, during the period when Su Cheng held shares, he certainly could not continue those investments.

Therefore, finding a way to kick Su Cheng away has become a top priority.

When he thought of this, Habakak Andrew lost his mood of winning.

(End of this chapter)