I Signed-In For A Billion Dollar Mansion From The Very Beginning Novel - Chapter 168
- Home
- I Signed-In For A Billion Dollar Mansion From The Very Beginning Novel
- Chapter 168 - The Overseas Executives Are Shocked, The CEO of Chanel Is Stunned! _ 1
Due to some copyright issues. I changed some word such god= supreme-ruler. /diviné= supreme. And some Chinese words etc, all of this to avoid copyright *.*
Since we barely make any profit from our site, I will close the site and turn it into a Blogger blog where I will publish the two most famous novels on the site. After we finish translating the novels, we will close it.
https://ko-fi.com/I2I4BZTUY
At Chanelâs headquarters.
The companyâs higher-ups were shocked.
Because Chanel was the worldâs top luxury brand, the amount of shares each major shareholder held had not changed for a long time.
If one wanted to buy the shares of a major shareholder, they had to pay a huge price.
Ten billion yuan in cash was not a small number.
Even if many big bosses in China had so much money, most people did not have so much cash.
Many fixed assets, shares, and company valuations could not be converted into cash so easily.
There were very few people who could afford so much money.
Furthermore, the major shareholders of these luxury companies would not sell so many shares so easily.
They could earn an astronomical figure in dividends every year even when lying down. They would have endless money to spend for the rest of their lives.
But today, the companyâs second-largest shareholder announced his withdrawal.
And his shares had been transferred to a young man from China, Lin Fan.
Everyone in the company was guessing Lin Fanâs background.
But no one could guess.
To be able to obtain so many shares, Lin Fan was definitely not a simple person.
From now on, Lin Fan would be a higher-up in Chanelâs headquarters.
The second-largest shareholder was the big boss second only to the largest shareholder.
âEveryone, no matter what, from today onwards, Lin Fan will be the second-largest shareholder of Chanel. He has the right to hold a board meeting in the company. Lin Fan also has a lot of decision-making power in the company.â
âIn the future, no matter who it is in the company, they have to be very respectful to Lin Fan. Lin Fan will be the second-largest shareholder of our company in the future. Everyone has to do this.â
âAlso, everyone has to keep Lin Fanâs identity a secret. All the employees have to sign a confidentiality agreement and canât reveal his identity.â
âIf Lin Fan comes to any branch company in the world, he has to be received with the highest etiquette and scale. At the same time, especially in Chinaâs Shanghai branch company, you have to be especially careful,â the CEO of Chanel said.
All the members of the companyâs board of directors nodded.
Although 10% of the shares was not a lot, in a company, it was equivalent to one-tenth of Chanelâs market value.
Such an amount of shares was already terrifyingly high.
Lin Fan even had a lot of decision-making power in some meetings.
Of course, the other shareholders of the company could also oppose Lin Fan. However, Lin Fan had so many shares. In the future, when the company made any decisions, he would have the right to veto!
Chanel was special. It was different from domestic equity companies. Domestic equity companies needed a shareholder to hold 33.4% of the shares before they could have veto power.
But it was different in Chanel.
Lin Fan was an absolute high-level member of the board of directors. Ordinary members of the board of directors wouldnât reject Lin Fan.
Lin Fanâs decisions could even affect the fate of the entire Chanel brand!
After the CEO of Chanel finished speaking, Lin Fanâs photo was secretly sent to many employees of the company.
For a luxury brand like Chanel, no employee would directly violate the orders of the headquarters.
Furthermore, all the employees would sign a confidentiality agreement. This way, Lin Fanâs identity wouldnât be discovered by outsiders.
When they saw Lin Fanâs photo, all the employees in various branches around the world, especially in Shanghai, were shocked.
âD*mn, d*mn, the second-largest shareholder of Chanel is actually Lin Fan!â
âI know Lin Fan. He acted in the Legend of Sword and Fairy. Itâs too good!â
âWatch your words. You have to call him Boss Lin. So Boss Lin is so awesome.â
âThatâs right. Boss Lin will be a big shareholder of our company in the future. We have to welcome him well.â
Everyone from the Shanghai branch company exclaimed. After all, Lin Fanâs current identity had already exceeded everyoneâs imagination.
The Chanel headquarters was shaken!
At the same time, the CEO of Chanel personally said, âPrepare my private plane immediately. I want to personally make a trip to Shanghai to meet our companyâs second-largest shareholder, Lin Fan!â
âIf Lin Fan gives any different opinions on the companyâs development, I have to listen carefully. At least I have to see if Lin Fan has any new direction for the companyâs development.â
After the CEO of Chanel made his decision, he personally boarded his private plane. He traveled through the night, preparing to head to Shanghai to meet the companyâs second-largest shareholder, Lin Fan.
Seeing the attitude of the CEO of Chanel, all the higher-ups in the Chanel headquarters were shocked.
âOur CEO is too surprising. His time is so precious and heâs usually unwilling to meet anyone. But this time, heâs going to China personally to meet Lin Fan.â
âOf course he has to meet him. Lin Fan is our companyâs second-largest shareholder. Itâs no exaggeration to say that Lin Fan is very useful to our companyâs future development.â
âYou have to know that our CEO only has 11.3% of the companyâs shares. If Boss Lin wants to interfere in the companyâs affairs, even our CEO wonât be able to stop him!â
âOf course, the CEO can work with the board of directors to target Boss Lin, but this way, he will completely offend Boss Lin. If he offends the companyâs higher-ups, it will have an important impact on the entire companyâs future!â
âAlthough the current CEO of our company is Bruno Pavlovsky, if Boss Lin really wants to fight, our companyâs CEO might be replaced.â
âThatâs right. Boss Lin is extremely important to our company. Therefore, even the CEO has to personally meet Boss Lin. At the very least, he has to know CEO Linâs attitude towards our companyâs development.â
âHow awesome is Lin Fan in China? I just found some information. I heard that heâs an actor and a screenwriting master. Heâs also a directing master. âThe Legend of Sword and Fairyâ he directed is very good.â
âNo, no, no. You thought too simply. This is only Boss Linâs identity on the surface. You wonât be able to find out his true identity. Itâs just like how outsiders will know that Boss Lin is an actor when they see him. However, outsiders will definitely not know that Boss Lin is also a major shareholder of Chanel!â
âTherefore, we donât know if Boss Lin has another identity. Of course, we can be sure of this. If not, Boss Lin definitely wouldnât be able to buy such a big share of our company.â
âFrom the looks of it, not only does Boss Lin have status, he also has a very high status!â
Therefore, today, Lin Fan had just become the second-largest shareholder of Chanel. The CEO of Chanel personally set off and took a plane to Shanghai.
He wanted to see Lin Fan and see his attitude towards the companyâs future development!
Lin Fanâs importance to the entire Chanel company was self-evident!