v3 Chapter 1355： It's so amazing!

Listed companies stipulate that the dividend plan must be implemented within two months after the shareholders' meeting has passed it. The speed of this speed depends mainly on the initiative and enthusiasm of the operators.

In the attitude of Justin Kyle, it is natural to wait for it to be as fast as possible.

It's just that there are too many shareholders involved in listed companies, and it will take some time to implement it after all.

Therefore, in order to save the time of the entire process and get Wheelock Shipping to receive dividends as soon as possible, the only way to speed up the pace is in the two links of the board of directors and the shareholders meeting.

At the board of directors level, all five companies voted on the dividend plan with absolute superiority, and everything seemed to go smoothly.

Justin Kyle breathed a sigh of relief when he got the news, and waited for the shareholders meeting to be convened to vote on the dividend plan.

In his view, unless shareholders are stupid, there is no reason to refuse such a powerful dividend. Looking at the entire Hong Kong stock market, there are very few such extreme dividends.

In order to save time, Justin Kyle simply set the meeting of shareholders of the five listed companies on the same day, after a 15-day notice period.

On January 23, 1985, the general meeting of shareholders of five companies including United Dockyard Company and Real Estate Trust Company was held in the morning.

Justin Kyle was on a whim and couldn't stay at Wheelock Shipping Company. He chose to represent Wheelock Shipping Company to attend the shareholders meeting of Real Estate Trust Company.

The reason why I came to this company is that the real estate trust company had the highest net profit last year, reaching 269 million Hong Kong dollars. Once the dividend plan is passed, it will be able to receive more than 100 million Hong Kong dollars in dividends.

As the protagonist, there should be a posture that the protagonist should have, so Justin Kyle was the last one to arrive.

When he came to the gate of the meeting place, he deliberately stopped and asked the beautiful employee in charge of registration: "What is the attendance rate of this shareholder meeting?"

The beautiful employee immediately reported respectfully: "The chairman, together with the equity held by the parent company, the current shareholder attendance rate has reached 84.51%, which is the highest attendance rate of any general meeting of shareholders in the past two decades."

At this time, Merck Heatley, the president of the Real Estate Trust Company who accompanied Justin Kyle, slapped up the flattery: "Chairman, this time the dividend plan must have surprised the shareholders, so this time it is very To take the initiative to participate in the general meeting of shareholders is to witness this historic moment."

The general direction of the dividend plan was set by Justin Kell, and Merck Heatley's flattery was in place.

Justin Kyle laughed: "Maybe it is really possible."

"Haha..."

"Let's go in."

After all, Justin Kyle walked into the venue with full face.

What he didn't notice was that when he came in, some of the major shareholder representatives seated safely in the venue looked at each other, and they all showed inexplicable smiles.

At the beginning of this general meeting of shareholders, the announced financial report was introduced again, and then the proposal was discussed directly.

After the shareholder representatives participating in the counting and scrutiny of the votes are determined, the registered voting will be officially started.

Soon it entered the final vote-counting link.

With a smile on his face, Justin Kyle sat leisurely in his seat, watching the counting representative start counting the votes.

Just less than a minute from the beginning, Justin Kyle’s smile disappeared completely, his brows were frowned, his breathing was a bit disordered, and he yelled at Merck Heatley beside him and asked: “What’s going on, why is it all? Vote against?"

I saw that on the counting board, the proportion of negative votes had reached 7.24%, but the affirmative votes were still 0%.

Of course, this must be because the votes of Wheelock Shipping, the largest shareholder, have not yet been counted.

But the point is not here. The point is that in Justin Kyle's expectation, the pass rate of the dividend proposal at this shareholders meeting will be at least 90%, or even unanimously passed!

But when this came out, three shareholders even voted against it, which is absolutely abnormal!

"Chairman, I don't know what's going on, I'll go ask the situation."

After that, Merck Hitley got up nervously and walked to the shareholders who had just counted the votes.

Justin Kyle clenched his fists. When he saw another 4.47% stake voted against, and the number of negative votes suddenly jumped to 11.71%, his heart was stunned and his eyes looked subconsciously. In the direction of Merck Hitley.

He saw Merck Hitley say a few words to a shareholder, then his face changed, and the shareholder still sneered.

Then Merck Hitley sought out other shareholders. Although the attitudes of other shareholders were good and bad, every time they asked, Merck Hitley's face became ugly.

Soon, Merck Hitley hurried back.

As soon as he sat down, Justin Kyle hurriedly asked, "Why did they vote against it?"

Merck Hitley lowered his head to explain the situation: "Chairman, their attitude is very clear, and the reason is very perfunctory. They think that taking all profits out for dividends will have great harm to the company's long-term development, so they disagree. Dividends should continue to invest profits in the development of the company."

"Are they idiots!"

Hearing this reason, Justin Kyle scolded angrily, and attracted a few shareholders who were closer to look over.

It's just that Justin Kyle didn't care about so much, because he saw that although the consent vote had broken through the duck egg, it only reached 1.24%.

But the negative vote has reached 22.79%!

This number is extremely dazzling!

Merck Hitley hurriedly said: "Chairman, I think someone must be leading this, but I don't know who it is for the time being."

Justin Kyle is not stupid, of course he guessed it.

What's the use of just guessing?

Now everyone has voted, and the votes are already being counted. Besides, nothing will help. The only thing that can be done is to pray that the votes will account for more than half of the total votes.

It's just...Justin Kyle didn't have any confidence himself.

Next, Wheelock Shipping Company's votes were finally counted, and the affirmative votes jumped to 39.44%, achieving a go-ahead.

It's just that this overtake did not last long.

The yes votes remained 39.44% until the end.

The negative vote reached 45.07%!

Divided by the total voter turnout rate, the approval rate was 46.67% and the disapproval rate was 53.33%.

Less than half of the votes in favor, the motion was not approved!

At the moment when he saw the result, Justin Kyle left the venue with a black face.

But not long after he rushed back to the company, he learned a series of bad news.

The four dividend proposals of United Dockyard Company, Lane Crawford Retail Company, Xiangjiang Undersea Tunnel Company and Federal Real Estate Company also failed!

Even the federal real estate company with the highest shareholding ratio, Wheelock Shipping Co., Ltd. holds a share of 44.5%.

But the attendance rate of this general meeting of shareholders is extremely rare to reach 90.21%.

Except for the majority shareholder Hui Defeng Shipping Company, which voted for it, all other shareholders voted against it, so that the approval rate was only 49.30%. Unfortunately, the vote failed.

Justin Kyle was so angry that he was about to vomit blood. This is definitely an insult!

The first enemy that came to his mind was Dingfeng Securities, and then the Jiuding Consortium behind him.

What followed was regret, extremely regretful.

He regretted that he should not be too self-confident, and concentrated all the shareholders' meetings of the five companies in one day, so that he completely lost the ability to save.

Unfortunately, it is useless to regret, the general meeting of shareholders is over.

What he can do is to immediately convene manpower to discuss countermeasures. The enemy has tried his best to start from these five companies. The ultimate goal is definitely Wheelock Shipping.

With the conclusion of the shareholders' meeting of the five companies, the news naturally spread.

It's so amazing!

There was an uproar in the Heung Kong capital market, and then Wheelock’s share price began to plummet.

From the extremely rare general meeting of shareholders among these five companies, many people know that Wheelock’s troubles have just begun!

PS: It’s just one update today. My nephew has a high fever and is still taking care of him. I don’t know how many points I will get tonight.

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