The Man in Power After Being Married into Her Family

She knew that she should really be tougher and uphold her authority as the head of the family especially now.

It was just that she was fighting against the entire board of directors alone, which made her feel more or less nervous and uneasy. She did not know exactly where to start.

At this time, Charlie spoke up and said, "In my impression, shares and voting rights are in equal proportions. If one person holds 10% of shares, he would have 10% voting rights, and if one person holds more than 51% of the shares, his voting rights would also be 51%. In theory, he would be the majority shareholder with absolute control, then. Am I right?"

Kathleen hurriedly said, "Yes, Mr. Wade, that's right."

Charlie added, "But for many large groups, due to the large number of businesses, many shareholders, and also the public offering of shares, the dilution of equity is great, and in many large groups, the single largest shareholder might only be holding 20% to 30% of the shares, right?"

"That's right." Kathleen said truthfully," This is the case for most public listed companies. Take Apple, which has a market value of more than two trillion US dollars, as an example. The largest shareholder, Pioneer Group, only holds about 7% of the shares." Charlie then said, "So, in this case, it is necessary to implement the AB shares system and take away the shareholders' voting rights without depriving them of their shares. Even if you cannot achieve absolute control of more than 51%, it is still necessary for you to have at least 51% of voting power in your hands to ensure that no one else can shake your foundation."

Having said that, Charlie added, "You have to remember that today is the day that those shareholders will be most afraid of you. So, no matter what it is, you will have to make them pay the price. After today, their fear of you will lessen no matter what it is, and so, you'll have to seize this opportunity."

Kathleen was enlightened when she heard this.

Charlie was right. The current board members would definitely be like suspects who had committed crimes and were waiting to be sentenced.

They were all prepared to receive their punishment. If she did not take this opportunity to suppress them, they would definitely have a feeling of impunity after today.

In that case, they would only be more arrogant.

As she thought of this, she

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immediately said to Charlie, 'Thank you for your reminder, Mr. Wade. I understand. I will convene a board of directors meeting later and ask all of the board members to surrender all of their voting rights corresponding to their equity!"

Charlie smiled with satisfaction and said," I'll wait for your good news, then."

At this moment, a public relations manager of the group strode over and said to Kathleen, "Chairman, Chief hammy from the New York Police Department is here, and he said that he has something important to ask you." Kathleen frowned and said, "He should be here in regards to Homer Fox's matter. You can talk to him about this matter. I have other matters to attend to and so, I will not be meeting with him."

The public relations manager nodded immediately and said, "Okay, I will go and talk to him, then."

Kathleen was about to speak when she heard Charlie, who was still on the phone, speak up and say, "Miss Fox, since Merlin hammy has already come all the way to look for you, you might as well meet him and see what he wants."novelbin

"Okay!" Kathleen agreed immediately and said to the public relations manager, "Let Chief Lammy in."

At this time, Charlie said, "Miss Fox, you don't need to hang up. I want to hear what Chief Lammy has to say."

"Okay, Mr. Wade." Kathleen agreed and placed her cell phone in her pocket.

Merlin strode in after a while, and upon seeing Kathleen, he got straight to the point as he asked,

"Miss Fox, where is Miss Rosalienet

Schulzwho came back to New York

with you? I have something to ask her face to face!"