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Chapter 4328

Michaela was silent for a moment.

She knew that what Charlie said was right. At this time, she should indeed be tougher and set up theauthority of the family head.

Only one person against the entire board of directors, which made her more or less like a mane and didnot know exactly where to start.

Charlie spoke at this time “I have the impression that in most groups, shares and voting rightscorrespond in equal proportions.

If a person holds 10% of the shares, he or she has 10% of the voting rights.

If a person holds more than 51% of the shares, the voting rights are also more than 51%.

So theoretically, he or she is the absolute controlling majority shareholder, right?”

Michaela said, “That’s right Mr. Wade, that’s right.”

Charlie added “But for many large groups, because of the many businesses, many shareholders andthe public offering of shares, the equity dilution is very strong.

In many large groups, the single largest shareholder holding shares, maybe sometimes only twenty tothirty percent, right?”

“Yes.” Michaela said, “The vast majority of listed companies are like this, take Apple, which has amarket capitalization of more than two trillion dollars, the largest shareholder, Pioneer Group, holdsonly about seven percent of the shares.”

Charlie said, “So in this case, it is necessary to implement the system of AB shares.

Take away the voting rights of other shareholders without depriving them of their shares.”

“Even if you can’t achieve an absolute holding of more than 51%, you should at least aim at takingmore than 51% of the voting rights into your hands.

Only then can you ensure that others can’t shake your foundation.

Charlie added “You have to remember, today, is the day those shareholders are most afraid of you, nomatter if you let them pay the price today, after today, their fear of you will be dissipated, so you mustseize the opportunity.”

When Michaela heard this, the whole person was enlightened. Charlie was right, the current boardmembers were definitely all like suspects.

Who had committed a crime and were waiting for sentencing. They were all ready to receivepunishment and if she didn’t take this opportunity to suppress them for a wave, then they would createa feeling of impunity after today.

In that case, they would only become more arrogant.

Thinking of this, she immediately said to Charlie “Mr. Wade, thank you for your reminder, I understand.

Later I will convene a board meeting and ask all board members to surrender all the voting rightscorresponding to their own shareholdings!”

Charlie smiled with satisfaction, “Then I’ll wait for your good news.”

Just then, one of the group’s public relations managers walked over in stride and said to Michaela,“Chairperson, Inspector Jack Li from the NYPD is here, he said he has something important to ask

you.”

Michaela frowned and said, “He should be here for the matter of Patrick.

Let you take care of this matter with him, I have other matters, so I won’t meet with him.”

The PR manager immediately nodded and said, “Okay, then I’ll go communicate with him.”

Michaela was about to speak when she heard Charlie on the phone speak, “Miss Joules, since Jack Licame over to you, then you might as well meet him and see what he really wants.”novelbin

“Okay!” Michaela immediately agreed and said to the PR manager, “Let Inspector Li in.”

Charlie spoke at this time, “Miss Joules, you don’t have to hang up, I want to hear what he wants todo.”

“Okay, Mr. Wade,” Michaela said and put the phone into her pocket.

A few moments later, Jack Li walked in with big steps.

After he saw Michaela, he asked straight to the point “Miss Joules, where is Miss Xion Banks whocame to New York with you? I have something to ask her face to face!”

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