My Flirtacious Husband (Genevieve and Armand) novel Chapter 275

According to corporate laws, if a shareholder wanted to transfer their share in the company, other shareholders of the said company would be given the priority to buy the shares. If the shares were to be sold to someone outside of the existing shareholders, at least half of the shareholders should vote in favor of the new shareholder.

Central Group abided by this principle, but not Faulkner Group.

Faulkner Group originally was run within the family. However, many shares started being sold to outsiders as financial planning.

As stated explicitly in the policies of Faulkner Group: If a shareholder wishes to transfer his or her portion of shares to another member of the Faulkner family, the transfer can be made directly without the agreement of other shareholders.

Nevertheless, ever since Armand took over Faulkner Group, he had fired a lot of employees that he deemed useless without mercy. His actions caused the members of the Faulkner family to be terrified of him, leading them to be unwilling to join Faulkner Group.

Genevieve’s lips curled into a smile. “Yes.”

Peter scoffed with a disdainful smile as he tossed the documents onto the table. “During the press conference a few days ago, you were defending Armand in every sentence you said. You told the public that Faulkner Group would not have its glory today if it weren’t for Armand. One simple action of yours caused the stock prices of Faulkner Group to plummet. Yet here you are now, taking the initiative to meet me and trying to sell me your shares in Faulkner Group?”

Ever since the encounter at the Central Group shareholder’s meeting, Peter was aware of how intelligent Genevieve was and had a bad impression of her.

“What are you really up to?” Peter questioned sternly.

“Nothing. I’m not up to anything. I just sincerely want to sell you the shares.” Genevieve lowered her gaze as she spoke.

“I am completely clueless when it comes to financial planning. I am depending very heavily on Mr. Sullivan’s and others’ guidance when it comes to managing Central Group. Now with Faulkner Group added to the picture, I’m afraid I can’t handle everything. Besides, I’m in need of money too…” Genevieve began to explain.

“The doctors said Armand might not wake up. If anything were to happen to Central Group, I would need to have some spare cash with me.”

She then concluded, “Besides, I do not wish to have any animosity between us, Mr. Peter.”

Genevieve picked up the teapot and poured Peter a cup. “I’m selling you my husband’s shares on Faulkner Group in hopes that it would relieve your anger. After this, please stop interfering with the workings of Central Group in the future, is that alright, Mr. Peter?”

Peter did not respond. He merely kept his cold gaze on the document on the table as he tapped on it with his finger.

Before they had come to Xedells, Genevieve had asked Steven to look through the document.