Chu Hengyi bargained. "Half a month."
Ye Mingzhao said, "Fine. But first, you need to sign a 'concerted action agreement' with Ye Group."
Ye Mingzhao paused slightly before continuing, "I want to call an extraordinary shareholders' meeting in the name of Zhou Group's largest shareholder."
A "concerted action agreement" meant that no matter what proposals Ye Group put forward at the extraordinary shareholders' meeting, Chu Hengyi, as the holder of that 4.99% stake, had to act in concert with Ye Group until the shares were formally transferred.
Chu Hengyi raised his brow slightly and answered crisply, "Deal!"
"What did you say? Ye Group is calling an extraordinary shareholders' meeting in the name of Zhou Group's largest shareholder? Since when did they become Zhou Group's largest shareholder?"
Zhou Heting's mind went blank when he received the notice. He had just submitted an emergency trading suspension application to the exchange when Ye Group called an extraordinary shareholders' meeting in the name of the largest shareholder. Zhou Heting could not make sense of it. Didn't Ye Group only own 25% of the shares? How had they become Zhou Group's largest shareholder?
"While we were fighting Ye family, Chu Hengyi quietly accumulated 4.99% of Zhou Group's shares!" Zhou Yueze's expression turned livid as he spoke. "He did it on purpose. If his holdings exceeded 5%, he would have been required to disclose them, so he chose to buy 4.99%. He wanted to stab us in the back while we were competing with Ye family for shares and weren't paying attention to him."
"Now Ye Group and Chu Hengyi have joined forces to hold an extraordinary shareholders' meeting within Zhou Group. They'll definitely propose a board restructuring at the meeting. Our board has twenty-two members. Given their current shareholding ratio, they'll certainly demand that