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Chapter 118: The Sly Old Fox Fourth Shareholder

After saying his introduction, the chairman spoke again, “I am already getting old. Someone needed to inherit Zeria before I die so I have decided that my granddaughter will inherit the chairman position for Zeria.”

“Do any of you disagree or not?”

Although the chairman possessed 51% shares of the conglomerate and had voting rights in his shares, there were still some restrictions imposed on him as the majority shareholder.

At least, his decision could be waived if at least 45% of the voting shares were used to go against his opinion. However, that restriction would only work on crucial decisions that would change the company as a whole and such a situation was one right now.

After all, the change of chairman in the company would mean that the company would change as a whole. If the chairman that had inherited the former chairman’s shares was an incompetent person, then the value of the company would lower and the company would be ruined in that person’s hands.

As if everyone had come
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