The daily life of Mr. Ruan and Ms. Ling

Chapter 881 Ruan Zeyan’s Decision (4)

But this time, Lao Wu's calculation was wrong.Not only did Mrs. Ruan not soften her heart, but she hated the fifth child even more.

It's really that this incident is too vicious, not only the fifth child called Mrs. Qin's sister-in-law, but also the fifth child who helped Ruan Guosheng to seek power and framed Ruan Qishan and her.

These are all questions of principle. If Mrs. Ruan is soft-hearted about such matters, then she is really sorry for the late old man.

"Fifth, it's too late for you to say this now, isn't it?" Mrs. Ruan's voice was indifferent, without a trace of emotion.

The fifth child was in a hurry and stood up quickly. Due to his age, his body was still shaking a little. It was easier for him to stand still, and he kept saying, "It's not too late! It's not too late!"

Ruan Zeyan glanced coldly, ignored the emotional fifth child, but said loudly to all the shareholders and clansmen present, "It just so happens that everyone is here, and I have something to announce."

Everyone held their breath, waiting for Ruan Zeyan's next words. They had a premonition that it must be a big thing.

Ruan Zeyan's face was stern, his sharp eyes swept over everyone present, and he said calmly but firmly, "Now, in the name of the president of Yuan Teng Group, I announce that Yuan Teng Group has officially entered the privatization process."

Privatize!
Such news is like a thunderbolt to the minority shareholders present.

The privatization of the company means that Ruan Zeyan will take back the shares scattered in the hands of various shareholders, thereby reducing the number of shareholders.Make the company owned by several major shareholders, or be directly held by Ruan Zeyan alone.

In this way, Yuan Teng Group will completely become the private enterprise of Ruan Qishan and Ruan Zeyan.

Ruan Qishan also looked at Ruan Zeyan in shock, obviously he didn't know that Ruan Zeyan would make such a decision.But after a moment of shock, Ruan Qishan began to agree with Ruan Zeyan.

Only by doing so can people like Ruan Guosheng be eradicated from the root.

By privatizing the company, there will be no struggle for power among shareholders, which will reduce a lot of disputes.

However, it is not an easy task to privatize the company, which itself is a concentrated expression of disputes.

When the fifth child heard that Ruan Zeyan wanted to privatize the company, he was the first to object, "I disagree! Qi Shan and Zeyan, although your father and son are major shareholders of the group, they also hold important positions as chairman and president. However, This privatization must be approved by our shareholders and the board of directors, right? I don’t believe it, which shareholder here can agree to this matter!”

What a joke, it goes without saying how valuable Yuan Teng Group's shares are.Almost all the shareholders and clansmen present were supported by Ruan Zeyan and the group, living a pampered life.

Once Ruan Zeyan privatizes the company, they will not be able to enjoy the benefits and dividends of the company, which will be a blow to them.

The fifth child didn't believe that someone would agree to this matter. Wouldn't that mean cutting off his own way out?
"I agree!" At this time, Director Geng spoke first, expressing his agreement, "The shares in my hand were originally given to our family for nothing by the old man, and I also inherited it from my father. This is originally Ruan's property. What's wrong with returning it to the Ruan family?"

Director Geng's words made Lao Wu very angry, and said bluntly, "You exchange the shares back, what do you live on?"

Director Geng chuckled, "Uncle Wu, you can't be too greedy. The shares are not returned for free, and the company will always compensate me according to the price. Moreover, even if I am not a director or shareholder, I still have a position in Yuan Teng , the annual salary given to me by the company alone is enough for me to continue to live my original life.”

(End of this chapter)