Chapter 1041: 1041
Chapter 1041: The Commencement of the Board Meeting
The board of directors comprised of the company’s high-level executives and senior management staff who were in charge of the company’s affairs and decisions . They could also be said to be the spokespeople of the shareholders .
The board of directors would carry out the decisions made by the shareholders .
Due to the fact that the board meeting would directly impact the development of the entertainment city and the setting up of a new department, the board meeting was elaborate and large . More than 30 shareholders were present, amongst which some were more powerful and authoritative compared to the rest . They were all on Qian Jianhui’s side .
Unlike the shareholders who were rather agitated, the directors remained calm and quiet . They did not utter a single word even when the shareholders made things difficult for Wen Xinya .
After all, the shareholders were the ones who invested in the corporation and held immeasurable power . It was not something that the directors could intervene .
Everyone heaved a sigh of relief after Wen Haowen announced the commencement of the board meeting .
Wen Haowen presented a report about the entertainment city .
Wen Xinya had noticed that the shareholders were rather enthusiastic and in approval of the entertainment city while the directors did not seem too interested or pleased .
Wen Haowen then suggested that they set up a new department and hire more employees .
The shareholders did not have much of a comment or opinion about his proposal because all they cared about was whether or not it could bring the company more money and give them the chance to receive a bonus for their share .
However, the directors and staff did not quite agree to it because they would be the ones seeing to the arrangements and getting involved in the management .
“I disagree . I don’t have any objections about the setting up of a new department, but I don’t think we should hire new employees . Wen Corporation is a major enterprise where all of the employees are elites who have been selected after various rounds of elimination . If we hire new employees, there will be a mismatch and imbalance in the competency level . This would greatly affect the company’s future operations . ”
Wen Haowen said calmly, “The Wen Corporation has been running businesses in the apparel, jewelry and skincare industries . The entertainment city is a fresh concept for us and an opportunity for the Wen Corporation to expand . It’s a completely different field . Can you guarantee that our current employees can take on the responsibilities of this project?”
The director who opposed was rendered speechless .
Wen Xinya’s lips curled into a smile while she twirled the pen with her fingers . Wen Haowen was behaving dominantly and exuding strong confidence . She reckoned that he must have a trump card .
“I object to the idea of starting the development of the entertainment city as soon as possible because it requires a massive amount of funding and hence, we have to be very careful and conscientious . Planning requires time, be it for the initial stages of the development or the later stages . ”
Wen Haowen insisted . “I have all the relevant inspection details and feasibility analysis reports . Please take a look, everyone . ”
He had received the information from Madam Zhang, all thanks to Ning Shuqian .
Secretary He distributed the documents to every director and shareholder .
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Wen Xinya browsed through the document carefully and focused on the segment regarding the reconnaissance of the plot of land in the West City . It was just a simple analysis that did not cover the issues that Celestial Detective Agency had informed her about .
Since the mastermind was keen on pushing for the entertainment city to be built, he definitely wouldn’t come up with a false document .
In that case, there must be a certain truth to it .
Did that mean that the issues that she had found were not worth mentioning at all?
Wen Xinya’s heart scrunched up and a cold shiver was sent down her spine .
At this moment, Wen Haowen said, “I know that all of you are feeling apprehensive about the entertainment city project . After all, this is a large scale development that requires a massive amount of funds . I’m very heartened to see that you are concerned about our company’s interests . ”
Wen Haowen continued, “Everyone thinks that the idea of an entertainment city is very abrupt and that the decision was rash . However, I want to let everyone know that I’ve already begun preparing for the entertainment city three years ago . All the analysis reports have shown that this project is very feasible . ”
The project about the entertainment city had been approved by the shareholders and, although there were differing opinions amongst the apprehensive directors, they wouldn’t doubt it . Hence, Wen Haowen was very confident about it .
“You said that you’ve been preparing this for three years, but we weren’t aware of it . How can I believe you?” someone else asked .
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Since the entertainment city project had been approved by the shareholders, the directors had no choice but to carry out the project according to plan . However, they were all careful and conscientious because the company’s interests and a massive amount of money was involved . They hoped that the plan could be postponed so that they could carry out the analysis in detail .
Wen Haowen said, “You guys may not believe me, but please read the document carefully . You may raise any doubts or questions that you might have . ”
Wen Xinya twirled her plan while thinking to herself, The document that Wen Haowen has given is way too perfect and convincing . I reckon even if everyone is displeased, they wouldn’t dare to object to it .
Wen Haowen had let his actions do the talking, like the directors requested .
The directors were in no place to object since they could not find any fault with the information given .
Actually, dictatorship was possible within a board of directors, so long as you had what it took to be a dictator .
Wen Haowen was not capable enough to be one, but his supporter had thought about it .
How shrewd .
Wen Haowen broke the silence . “Does anyone else have an opinion?”
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The shareholders remained aloof and standoffish .
The directors who managed the company looked at each other in dismay . They wanted to oppose to it but did not have a valid reason to .
At this moment, Secretary Cao asked, “Too much money is required for the development of the entertainment city . I’d like to know if it will affect our current operations . ”
He sounded rather oppressive and domineering . In fact, he just wanted to make a stand in front of the shareholders and the managing directors to let them know that Wen Corporation’s current operations would not be hindered by the entertainment city .
Wen Xinya smirked . Old Mr . Wen had promoted Secretary Cao to one of the directors of the Wen Corporation and hence, he had the rights to question Wen Haowen and in a way, he was also representing Old Mr . Wen . Hence, Wen Haowen had no choice but to answer .
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