Reborn in 2014: A One-Man Tycoon

Chapter 275 A Thunderous Seizure of Power, the End of the Shen Family!



Chapter 275 A Thunderous Seizure of Power, the End of the Shen Family!

"I disagree."

Meng Chuan, with Ying Die by his side, strode into the conference room.

Meng Chuan's sudden appearance shocked everyone present except Shen Yue.

Especially Chen Li.

Chen Li suddenly stood up, her face instantly turning ashen, and pointed at Meng Chuan, demanding:

"Meng Chuan, who do you think you are? Who allowed you, this lowly thing, to step into the Shang'an Board of Directors? Where are the security guards? Throw him out!"

Chen Li has completely gone all out.

If Meng Chuan had given her a way out, she wouldn't have dared to treat him like this.

But Shang'an Real Estate is about to collapse, and she must successfully become the chairman of Shang'an Real Estate to secure the last bit of benefit for her son.

Therefore, let alone Meng Chuan, she would dare to fight even a fierce tiger with her bare hands.

"I'm a shareholder, why can't I be here?"

Meng Chuan looked coldly at Chen Li and asked.

Chen Li then realized what was happening.

For her son's sake, she personally gave Meng Chuan 30% of the circulating shares of Shang'an Real Estate.

This is equivalent to 9% of the total share capital of Shang'an Real Estate.

Meng Chuan is indeed one of the shareholders.

"So what if you're a shareholder? You only own 9% of the shares, so you have no right to speak here."

Chen Li shouted at the top of her lungs.

“I have already transferred my 10% stake to Meng Chuan. He has the right to speak here.”

Shen Yue stepped forward and said coldly.

"Shen Yue, you traitor! I knew you had no good intentions. My Shen family raised you for 24 years, and you're siding with outsiders."

Chen Li pointed at Shen Yue's nose and shouted:

"Even if I raised a dog for 24 years, it would know to wag its tail at its owner..."

"enough."

Meng Chuan coldly interrupted:

"This is the board meeting. If you want to talk about family matters, you should save that for when you get home! I don't agree to you becoming chairman."

Chen Li was like a mad dog; the moment Meng Chuan spoke, her barrage of attacks was immediately directed at him.

"What's the use of your disagreement? You're a good-for-nothing who rose to power by relying on women. Back then, Liu Qian, who was on the Liu family's side, schemed against my son. Now, you're having an affair with that bitch Shen Yue and scheming against my Shen family."

"Do you really think you can oppose me just because you got that bitch Shen Yue's shares?"

“Let me tell you, Shang’an Real Estate belongs to the Shen family. I own 20% of the shares, and you only have a maximum of 19%…”

Before Chen Li could finish speaking, Meng Chuan walked straight to the conference table and slammed it down heavily on the table with a "bang".

Immediately afterward, Meng Chuan leaned forward, coldly looking down at Chen Li and said:

“I also own the 10% of the shares that Shen An issued a few days ago, so my current shareholding is 29%.”

"In other words, I am the largest shareholder of Shang'an Real Estate,"

"Chen Li, you just said... that the surname of the Shang'an family is Shen?"

Meng Chuan's voice was low and cold, carrying undisguised sarcasm:

"Unfortunately, from today onwards, Shang'an... will be surnamed Meng!"

If Chen Li pleads with Meng Chuan in a gentle and polite manner, perhaps Meng Chuan might be able to show her leniency.

Now, Meng Chuan only wants to wipe them out completely.

Meng Chuan couldn't be bothered to argue with a dying person.

Let her rant if she wants!

Meng Chuan was worried that she wouldn't be able to swear.

"You're talking nonsense! That's impossible."

Chen Li picked up the documents on the table with a start and began to look through them.

"Ah! Meng Chuan, you will die a horrible death!"

Suddenly, Chen Li grabbed another teacup from the table and smashed it hard at Meng Chuan.

"Whoosh!"

Before the teacup had even flown half a meter, a dark shadow flashed by.

Yingdie appeared before Meng Chuan like a ghost, catching the teacup steadily with one hand and flicking it with a backhand motion—

"boom!"

The teacup shattered precisely on the projection screen behind Chen Li, sending shards of glass flying everywhere!

"what!"

Chen Li screamed in fright, staggered backward, her high heels slipped, and she fell directly onto the chair, looking extremely disheveled.

"If there's a next time, I'll break your hand."

Yingdie's voice was as cold as ice that had stood for millennia.

His eyes were filled with a chilling murderous intent.

If anyone dares to harm Meng Chuan, Ying Die will kill them!

At that moment, not only Chen Li, but also the other shareholders and Shen Yue trembled involuntarily.

This woman is so strong, so terrifying.

Meng Chuan gently patted Ying Die's shoulder, and Ying Die then stepped back.

Immediately afterwards, Meng Chuan ignored Chen Li and looked around at the other shareholders, saying:

"In my capacity as the largest shareholder of Shang'an Real Estate, I propose that we initiate a board election and hold the Shen An family accountable for misappropriating company funds."

"Seconded."

Shen Yue was the first to raise her hand.

The matter is now settled.

The Shen family is history now, so she has no choice but to agree.

"I also agree."

"Seconded."

With Shen Yue taking the lead, more than half of the shareholders immediately raised their hands.

These people should all be Shen Yue's people.

Shen Yue has been the general manager for so long, and she is quite popular.

The other shareholders saw that so many people had already seconded the motion.

Every one of them was a shrewd and intelligent person, and they all raised their hands in agreement.

"I disagree. I have a veto right."

Chen Li got up, her eyes blazing with fury.

Things had completely spiraled out of her control, and she was utterly panicked.

“Shen An has committed a serious offense, and your Shen family’s veto power has become invalid. The vast majority of shareholders have agreed, and they have a concerted action agreement.”

Shen Yue said coldly.

Normally, when there is a conflict between a shareholder's agreement to act in concert and a veto right.

It is based primarily on the veto power.

However, the company's articles of association stipulate that when the chairman makes a major investment mistake, and there is a conflict between the shareholders' agreement on concerted action and the veto right.

The agreement between the parties acting in concert shall prevail.

This was designed to counterbalance the chairman's unilateral actions, which could lead to greater losses for other shareholders.

Now that all the conditions are met, Meng Chuan's proposal is valid.

"First, remove Shen An from all his powers. Given that he is currently in a coma and unable to manage the company, I, as the largest shareholder, will temporarily assume the role of chairman of the board."

When Meng Chuan spoke, Shen Yue was the first to raise her hand again:

"Seconded."

Then immediately more than half of the shareholders raised their hands in agreement.

"Shen Yue, you bitch! The Shen family might as well keep a dog instead of you..."

Chen Li roared shrilly.

"This is a shareholders' meeting. If you continue to cause trouble, I will immediately disqualify you from attending."

Meng Chuan looked at Chen Li with a cold expression.

Chen Li was about to speak.

In a flash, Yingdie was in front of her.

Stared at by Yingdie's murderous gaze, Chen Li swallowed the words she was about to utter.

"Secondly, Shen'an's investment of 800 billion yuan in the Liu Group was not authorized by the unanimous signatures of all shareholders."

"Shen An misappropriated company funds, causing the company to suffer huge economic losses."

"Therefore, the company does not recognize the 300 billion yuan loan that Shen An borrowed, as well as the 300 billion yuan raised from the Chen family, as Shen An's personal debts."

Meng Chuan's words were an immediate death sentence for Shen An and even the entire Shen family.

Chen Li sat down on the ground with a deathly pale face.

The other shareholders stared at Meng Chuan in shock.

Immediately afterwards, a huge look of joy appeared on their faces.

"I second the motion."

"I also agree."

"This is Shen An's personal behavior. Why should we suffer losses as a result? I agree with that."

"agree."


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