SWNOVELS Chapter 117
Chapter 117 Dun Group Houard Meeting
Chapter 117 Dunn Group Board Meeting
In the conferrer hall on the rich foot of thinn Cheaters
All members of the Danni Grup Board, along with the company + 21 shareholders, were in attendance.
senior executive of Denn Group, Howard also attended the Dunn Group board meeting.
Although he was not a member of the thann Group's board of directory or a shareholder of the Dunni Group, he was present because he strongly opposed Robin's decision to take over Jonah's Infinity Tower. The Dann shareholder meeting brought together all 2 shareholders
The Dunn family, across three generations, holds 45 percent of Dunn Group's shares, with an additional 20 percent given to Robin.
The remaining shareholders.collectively held 25 percent of the company's shares.
Oscar and other major shareholders outside the Dunns were outraged after Howard disclosed that Robin bed privately promised to purchase Jonah's Infinity Tower business district.
They promptly gathered ar Dunn Group, demanding an urgent board and shareholder meeting
Together, they submit a formal request urging Drake to reject Robin's proposal to take over Infinity Tower
Among them was Mitchell Kline, a shareholder in his sixties.
He was the most senior among Dunn Group's shareholders and held the largest stake after Shirley, Timothy, and Robin. Though Robin had not yet accepted, the Dunns had already transferred the shares t him
Mitchell, holding 10 percent of Dunn Group's shares, pointed at Shirley and said, "Shirley, you're still young and sometimes you make decisions too hastily
"I wasn't at the recent board meeting, so I missed that you appointed Robin as CEO of Eastvale!
Tm told Robin is barely in his 20s-an unknown young man with no experience to his name!
"I can't understand why you'd place someone like him in such an important role as Eastvale's CEO"
Now look at this. Robin wants to spend 20 billion to take on Infinity Tower. This is outrageous!
"Everyone in Harmonfield knows the Southvale plot is worthless land!
Just a few years ago, Southvale was nothing but an abandoned burial ground, practically a deserted wasteland that no one would dare to visit!
"Even when the city government considered development, no one wanted anything to do with that area.
"Three years ago, precisely because of this, the city halted all development plans for Southwale.
Chapter 117 Dunn Group Board Meeting
"In the past two years, only someone like Jonah-a speculative gambler-would be foolish enough to develop the Infinity Tower business district there."
"I can't understand their thinking. Seriously, in a place where not even a bird would land, how could they make money?
"Currently, Dunn Group has redirected its investment focus to the castern district; we should be investing heavily in that area.
to unilaterally decide to purchase.
"The Southvale plot is practically worthless, yet Robin has the audacity Infinity Tower. Isn't that just throwing our money away) It's completely outrageous! "What I mean is, the board should immediately terminate Robin's employment contract. Dunn Group can't allow this inexperienced kid to cause chaos!" After Mitchell spoke, a middle-aged man in his fifties, Barney Weaver, nodded in agreement.
Barney, with his seniority and shareholding, ranked just behind Mitchell among the Dunns
He held 8 percent of the Dunns' shares.
After Mitchell spoke, he chimed in, "Mr. Dunn Sr., Dunn Group is a legacy built by us from the ground up. -We can't let a kid like Robin destroy it!
The Infinity Tower in Southvale has long been worthless, yet Robin wants to throw 20 billion at it. I can't tell if he's just confused or if there's some shady deal behind this!
"Even if there's no shady deals, if we were to take on Infinity Tower, we would need more than just the initial 20 billion investment. Transforming the Southvale area into a profitable business center could require an additional 100 billion, and even then, it would be difficult to make it profitable.
"After all, we're just a private group without the support of the city government. Official capital won't invest in the Southvale plot.
"Private investors are driven by short-term returns and will not consider putting money into such a desolate area like Southvale.
"I strongly demand the immediate termination of Robin and the annulment of the contract Jonah signed for the transfer of Infinity Tower."
Mitchell and Barney, both major shareholders who had followed Drake in founding Dunn Group, made their stance clear.
The other shareholders quickly joined in, echoing their condemnation of Robin.
Together, they unanimously called on Drake and Shirley to promptly remove Robin from his position as CEO of Eastvale and to void the contract signed with Jonah.
Faced with the shareholders' discontent. Drake remained silent
He sat impassively at the front, observing each shareholder's angry expressions with indifference.
After several minutes of uproar in the meeting room. Drake turned to Timothy and Shirley. Timothy Shirley, what do you think about this situation?"
2/5
Chapter 117 Dann Group Board Meeting
tirak eded, a ring te appearing on a fark "Tanży when to you thou
Without a moment's hedeation, Tenby graded The I've been taught since childhood for a drop of kindness shoedd be repaid with a train of ga
"Rodan saved my life, and I have men were pegel I will support hits in any decision be makes, even if it conto me all my shares and infiveter is the then I wouldali pepper be a moment. Drake nodded in satisfaction. "Very well You haven't me down. Now that you all agree. I have to objections
As soon as Drake finished yeaking the meeting room
Oscar immediately stood up to voice his divers Dd. I don't agree
Drake dodded, "I understand. Sit down, I have something to way?
sa
Or wanted to protest, but Drake gestured for him to sit, and he reluctantly closed his mour
"Ladies and gentlemen, although I have stepper away from the core operations of Dunn Group for many years, I have never forgotten the purpose of founding Dann Grosup "Most of you joined me when we had nothing and helped build Dunn Group into what it is today.
"I am truly grateful for the years we've spent together, facing challenges without wavering
"The stmus and prestige Dunn Group enjoys today are largely due to your invaluable contributions.
"Robin's decision to invest 20 billion in Infinity Tower has raised concerns, and I understand that
"From the very beginning of our journey, you've followed me with the aspiration of living well, making significant profits, and attaining status and respect. There's nothing wrong with that "I still believe that today.
"I have a responsibility to safeguard the wealth and status you and the Dunns have achieved.
"But, Robin, as the president of Eastvale whom I chose has made a decision that I fully agree with!
No matter his motives for signing the contract to take over the Infinity Tower project with Jonah, I will not interfere!
As soon as Drake finished speaking, the meeting room fell silent, with every shareholder and senior executive staring at him in shock.
After a moment of silence, Mitchell finally spoke up. "Drake, the investment in the Southvale Infinity Tower project is no small matter.
"Robin's decision is far too reckless! If this investment fails, Dunn Group will suffer significant damage. and decades of hard work could go to waste! How could you agree to this plan? Chapter 117 Dunn Group Board Meeting
"Drake, spending 20 billion to take over Infinity Tower may not seem like a huge issue
"But the follow-up investments will require large funds
"It's important to note that the Southvale site is like a lotomless pit; it could pull Dunn Group into a deep abyss!"
Barney also stood up, speaking agitatedly, "Sir, I urge you to reconsider this decision. It hasn't been easy for us to build Dum Group alongside you.
"When we started out, we had nothing, and we worked alongside you to build Dunn Group into the respected company it is today in Harmonfield, "But this impulsive decision made by that young Robin could genuinely put us at risk.
"Enough, all of you!" Drake said firmly, cutting them off.
"I understand your concerns.
"Don't worry, the combined shares of Timothy, Shirley, Oscar, and myself will serve as collateral for Robin's commitment to the Infinity Tower project.
If what you say is true, the Dunns will ensure that none of you suffer any losses..."
At this point, Oscar stood up. "Dad, I don't hold that many shares. I won't guarantee Robin!"
Drake paused, a flicker of anger crossing his face. "Shut up! I can agree to your request!
"Timothy, Shirley, and I hold nearly 40 percent of the shares. If Oscar doesn't want to participate, that's fine!
"We're willing to use our 40 percent stake as collateral for the risks associated with Robin taking over Infinity Tower.
"If that's the case and you shareholders are still unwilling, you can choose to withdraw from the Dunn Group's shareholder.
"I will ensure that your shares are liquidated immediately!
"How about this, I'll give you one night to think about it, and you can make a decision tomorrow afternoon.
"If you do not wish to support Robin's decision, you may withdraw from the Dunn Group!"
"The Dunns will promptly liquidate your shares at the highest available price!
"Shirley, prepare the share transfer contracts! If any shareholder wishes to exit, provide them with immediate cash compensation!"
As soon as Drake finished speaking, the room fell silent
Mitchell shook his head, letting out a long sigh. "Drake, given your decision, I have no further objections. Everything I have is thanks to you, and I will not withdraw from the Dunn Group." 08:52 Tue, Nov 19 G
Chapter 117 Dunn Group Board Meeting
Barney nodded in agreement. "Alright. I started as a nobody, and having weathered ope and down wit you. It's worth it.
"Given your decision to support Robin's proposal, I'll follow your lead.
"Even if this investment in Infinity Tower costs me everything, to be it
However, a few other shareholders were whispering among themselves, clearly tom about whether no withdraw from the Dunn Group.