Chapter 1044 - This Is Called Giving Him a Smack in the Face
Wen Xinya remained seated quietly, seemingly not too interested. However, confidence was written all over her beautiful face. It was her confidence which made her look refined and prestigious, so much that no one dared to belittle her.
The shareholders finally realized how outstanding she was. Although her score of 703 could not prove much, it could at least prove that she was competent.
Wen Xinya slowly asked, “Does anyone object to my suggestion?”
Wen Haowen held 20% of the Wen Corporation’s shares and he was also a leader to the shareholders and directors. Hence, she could not stop him from kick-starting the entertainment city project.
Since there was no way she could stop it, the only thing she could do was to go with the flow and turn the situation around to her favor.
The best part about the independent company was that the Wen Corporation would not have to take part in the management of the entertainment city and Wen Haowen would be liable for all the consequences of the project. In that case, the Wen Corporation would not be affected regardless of how the mastermind used the entertainment city to plot against the Wen Corporation. All the responsibilities would be shouldered by the person in charge and the Wen Corporation would have no legal obligations since they were merely the investor.
The second advantage was that the sister company would have to be supervised and monitored by the Wen Corporation, which would be assessing all of the funds that were to be invested. That would prevent Wen Haowen from using his shares to support the entertainment city project and cause the company’s current operations to be affected.
That was Wen Xinya’s purpose for attending the board meeting.
Even Secretary Cao did not know what her plans were.
Secretary Cao said smilingly, “I agree. Miss Wen’s suggestion is going to ensure that the interests of the shareholders and the Wen Corporation will be safeguarded. At the same time, the development of the entertainment city can begin. That will give it more space for progress.”
Secretary Cao stared at the calm and composed Wen Xinya. It was as if nothing could faze her at all. He did not expect that those were her true intentions for joining the board meeting.
“I agree with Miss Wen’s suggestion too. Ai Shang’s management system is so successful. I’m sure the entertainment city will succeed if we employ the same system too.”
“I don’t have any objections, either. Miss Wen, you’re truly prioritizing the interests of the shareholders and the Wen Corporation.”
The board of directors was in support of Wen Xinya and she gained the approval of almost all of them.
After all, the setting up of an independent company would not affect the management of the Wen Corporation. That way, everyone’s interests would be guaranteed. It was a win-win situation. They felt that Wen Xinya was not to be belittled.
Wen Haowen looked at Wen Haowen calmly.
Wen Haowen refuted loudly. “I don’t agree.”
Although the establishment of an independent company did sound rather advantageous, there were more cons to it. Firstly, the funds that were to be invested in the project would have to be monitored and supervised by the Wen Corporation. The biggest problem would be that he would not be able to put his shares to use.
Secretary He was just as astonished. He did not expect that the greenhorn Wen Xinya would suggest that they open an independent company.
It was no wonder that Ning Shuqian was so wary of Wen Xinya.
Wen Xinya smiled and said, “The directors and shareholders have already agreed to my suggestion. Father, why did you object?”
Wen Haowen used the seamless information that he had found to make it impossible for the shareholders to raise any objections. She had also used the entertainment city project to raise her suggestion about setting up an independent company. She made Wen Haowen shut up by mentioning about her intentions to safeguard the interests of the shareholders and the corporation.
Wen Haowen could not produce a valid reason at all. After all, he couldn’t tell everyone that the independent company would be disadvantageous for him.
Wen Xinya said calmly, “The independent company will make it easier for us to manage it and, Father, you’ve also said that the new department will be solely focusing on the independent entertainment city project. If we link everything together, the structure of the corporation is going to be affected and so will the company’s operations.”
Wen Haowen was speechless.
However, Wen Xinya still had more to say. “Father, the employees of the Wen Corporation are all elites who have been selected after various rounds of eliminations. By setting up a new department and hiring new employees, the quality of our employees will deteriorate. We can’t afford to let that happen.”
Wen Haowen glared at Wen Xinya sternly, wishing he could give her a tight slap.
Wen Xinya said innocently, “Father, I know you’re keen on completing the entertainment city project as soon as possible. That’s why I came up with such a perfect plan.”
Wen Xinya managed to impress the shareholders and build a good image for herself in front of the shareholders and directors during her first board meeting. At the same time, she also did not seem to be unfilial.
Wen Haowen glared at Wen Xinya coldly. At the moment, he did not have any words for a rebuttal. After all, he needed a substantial and valid reason to object her suggestion. Otherwise, he would come off as being selfish and concerned only about his own benefits. If that were to happen, he wouldn’t be able to secure a footing in the Wen Corporation despite holding 20% of shares.
Besides, there was no reason for him to object since the shareholders and directors had already agreed.
Wen Xinya mustered up the courage and asked uneasily, “Father, do you have other opinions about my suggestion?”
All eyes were on Wen Haowen. He suppressed his emotions and cleared his throat. “Does anyone object to Xinya’s suggestion?”
Silence filled the room.
Wen Haowen could not help but feel a little disappointed. “I hereby announce that we’ll be setting up an independent company for the development of the entertainment city.”
Everyone in the meeting room began applauding enthusiastically, especially the shareholders who were pleased with the decision.
Wen Haowen was filled with frustration while listening to the applause. Although the entertainment city project had commenced as he wished, things did not quite go the way he wanted them to. He was not dominant at all.
He could imagine the various issues that he would face during the development of the entertainment city. The biggest problem would be the funds!