If the previous time had already caused undercurrents among the major high-level officials within Alibaba, then this time I was really powerless to turn the world back. Even Jack Ma's Eighteen Arhats and the five princes he focused on training have now completely stood opposite him, which can be said to be betrayal of everyone.
SoftBank, Yahoo... Even Director Wu has come here. It seems that this time it is really going to change. Mr. Ma will not be kicked out of the board of directors directly, right?
It is estimated that it is very likely, and it is said that the board of directors will be directly changed today, from the existing AB votes and re-stating the distribution. Either the stocks in Mr. Ma's hands will be directly converted into common stocks, or it will return to the most traditional shareholders' meeting to count votes based on board seats.
In the AB vote model, Class A stocks with decision-making and voting rights are definitely much more valuable than Class B stocks. One is much higher than the market price, and the other is just a theoretical market price. This resolution alone can make Jack Horse suffer huge losses.
Jack Ma was naturally very dissatisfied with such a resolution. He could abdicate and give in. It would be impossible for him to not retreat until now, but he would not agree to snatch food from his bowl like this.
Wu Mingxuan is also very clear about this, so he directly gave two choices: two options, one is the cash compensation I mentioned, I will compensate each share, which is the premium of 20% closing price yesterday, and you exchange it with Lao Ma; the other is the traditional board seat, the premise is to completely abolish the AB model, and you will also face losses. You can choose it yourself, if you want to bet, you have to admit defeat, at least we are cleared.
Wu Mingxuan himself had no intention of killing Lao Ma. It was too difficult. Even if this old boy was swept out, he would have a lot of wealth like the former leader Qiao. In addition, his connections were influential, and his risk of taking ruthlessness was too great, so he would easily be defeated. There was no need to talk about the future. Anyway, he really didn't plan to take action again, so he would end up here.
Jack Ma naturally knew that he had lost completely this time, and it was already a betrayal of his relatives. In any case, the voting rights in his hands, including the key veto power, will be cancelled, and they will be cleared out of the board of directors and still become settled. This is the meaning of all major shareholders and management. If he is not convinced, he will sue. At that time, the court will probably sentence him to lose, which will make him even more embarrassing. In the final analysis, Alibaba is a Chinese company that must abide by Chinese laws.
Jack Ma looked at Wu Mingxuan with complicated eyes. He must have regretted it. If he had known that this bastard had these connections, why would he have broken up with him? Moreover, the financial resources Wu Mingxuan burst out this time were really terrifying, as if he had really spent countless money. No one knew how much money he had.
Although he was very resentful and regretful, Lao Ma finally said bitterly: If you win, you will be at the premium of 20% you said.
Wu Mingxuan nodded and directly asked his attorney Zhuge Dasheng to calculate with her team. After everything was correct, he directly signed the transfer contract. Wu Mingxuan's Alibaba stocks reached an astonishing 19%, and his voting rights were directly over 50%. He also had a veto power, almost becoming Alibaba's real master, so he directly served as Alibaba's chairman of the board of directors.
Brother Ma, who learned the news at the first time, became very nervous. Old Ma lost, and he was defeated. How long can he last?
Although Brother Ma was a little scared for a moment and became short of his temper, Wu Mingxuan had no idea of attacking him and Tencent for the time being, so let's drag it for a while. Anyway, his only daughter has become a hostage over there, and she is not afraid of breaking up, so she can only maintain the current situation first.
It’s not that Wu Mingxuan doesn’t want to take action against Tencent, but that he has already taken Alibaba and has no way to take action. Even in the future, he will probably let Ma Manlin take over. The country will not allow Samsung to appear. With Alibaba’s left hand and Tencent’s right hand, he is much scarier than Samsung.
After all, Perfect Entertainment itself is a very powerful super giant, and it also has the largest private capital in China, the Portuguese-Australia Bank, so cross-holding and seclusion behind the scenes is Wu Mingxuan's plan, and it is also his only way to protect himself.
Alibaba, Tencent and Ma Wu Mingxuan have come to an end. The only thing to deal with is naturally Wanda. Wanda and the father and son of the Wang family are not having a good life now, and it is already the key to life and death.
Bai Bing naturally came together. Wu Mingxuan divided Alibaba's shares into three parts. Cai Chongxin and the 12% who had voting rights were cross-holding with the Bank of Portugal and Australia, the part that traded with Yahoo was held by North American branches, and the part that traded with SoftBank was held by Japanese branches, all of which were as high as 21%. Based on the current total market value, it exceeded US$60 billion.
The purpose of doing this is to reduce systemic risks, otherwise it will be too conspicuous. Making the equity and the shareholders on his side will make the decision-makers have some concerns, and it will not be too targeted like this time. Moreover, he does not intend to let Ant Financial go public now, but accepts work guidance from various departments to reduce systemic risks, and apply for listing after meeting the standards and obtaining a stable long-term development model.
When she found out that Zhuge Dasheng had also gotten on the car, Bai Bing, who also came to attend the shareholders' meeting, was very surprised because she knew very well what was going to be discussed next. It seemed that this beautiful lawyer had now become a real person of her own.
Chen Duling is naturally the assistant of Zhuge Dasheng who continues to serve as the assistant. Chen Duling's talent is actually very limited in acting, so Wu Mingxuan is cultivating in other aspects. Filming is just a hobby and fun. Not everyone is suitable to be a star. Instead of wasting their talents and abilities, it is better to do something more meaningful.
Like Bai Bing, who is an actor, can only be considered a second-rate. She really depends on her own strength. She can't even sit steadily on the front line, but she is very useful in helping Wu Mingxuan do business. In recent years, the Portuguese-Australia bank has been managed in an orderly manner, so Wu Mingxuan is also focusing on cultivating his little ears.
SoftBank, Yahoo... Even Director Wu has come here. It seems that this time it is really going to change. Mr. Ma will not be kicked out of the board of directors directly, right?
It is estimated that it is very likely, and it is said that the board of directors will be directly changed today, from the existing AB votes and re-stating the distribution. Either the stocks in Mr. Ma's hands will be directly converted into common stocks, or it will return to the most traditional shareholders' meeting to count votes based on board seats.
In the AB vote model, Class A stocks with decision-making and voting rights are definitely much more valuable than Class B stocks. One is much higher than the market price, and the other is just a theoretical market price. This resolution alone can make Jack Horse suffer huge losses.
Jack Ma was naturally very dissatisfied with such a resolution. He could abdicate and give in. It would be impossible for him to not retreat until now, but he would not agree to snatch food from his bowl like this.
Wu Mingxuan is also very clear about this, so he directly gave two choices: two options, one is the cash compensation I mentioned, I will compensate each share, which is the premium of 20% closing price yesterday, and you exchange it with Lao Ma; the other is the traditional board seat, the premise is to completely abolish the AB model, and you will also face losses. You can choose it yourself, if you want to bet, you have to admit defeat, at least we are cleared.
Wu Mingxuan himself had no intention of killing Lao Ma. It was too difficult. Even if this old boy was swept out, he would have a lot of wealth like the former leader Qiao. In addition, his connections were influential, and his risk of taking ruthlessness was too great, so he would easily be defeated. There was no need to talk about the future. Anyway, he really didn't plan to take action again, so he would end up here.
Jack Ma naturally knew that he had lost completely this time, and it was already a betrayal of his relatives. In any case, the voting rights in his hands, including the key veto power, will be cancelled, and they will be cleared out of the board of directors and still become settled. This is the meaning of all major shareholders and management. If he is not convinced, he will sue. At that time, the court will probably sentence him to lose, which will make him even more embarrassing. In the final analysis, Alibaba is a Chinese company that must abide by Chinese laws.
Jack Ma looked at Wu Mingxuan with complicated eyes. He must have regretted it. If he had known that this bastard had these connections, why would he have broken up with him? Moreover, the financial resources Wu Mingxuan burst out this time were really terrifying, as if he had really spent countless money. No one knew how much money he had.
Although he was very resentful and regretful, Lao Ma finally said bitterly: If you win, you will be at the premium of 20% you said.
Wu Mingxuan nodded and directly asked his attorney Zhuge Dasheng to calculate with her team. After everything was correct, he directly signed the transfer contract. Wu Mingxuan's Alibaba stocks reached an astonishing 19%, and his voting rights were directly over 50%. He also had a veto power, almost becoming Alibaba's real master, so he directly served as Alibaba's chairman of the board of directors.
Brother Ma, who learned the news at the first time, became very nervous. Old Ma lost, and he was defeated. How long can he last?
Although Brother Ma was a little scared for a moment and became short of his temper, Wu Mingxuan had no idea of attacking him and Tencent for the time being, so let's drag it for a while. Anyway, his only daughter has become a hostage over there, and she is not afraid of breaking up, so she can only maintain the current situation first.
It’s not that Wu Mingxuan doesn’t want to take action against Tencent, but that he has already taken Alibaba and has no way to take action. Even in the future, he will probably let Ma Manlin take over. The country will not allow Samsung to appear. With Alibaba’s left hand and Tencent’s right hand, he is much scarier than Samsung.
After all, Perfect Entertainment itself is a very powerful super giant, and it also has the largest private capital in China, the Portuguese-Australia Bank, so cross-holding and seclusion behind the scenes is Wu Mingxuan's plan, and it is also his only way to protect himself.
Alibaba, Tencent and Ma Wu Mingxuan have come to an end. The only thing to deal with is naturally Wanda. Wanda and the father and son of the Wang family are not having a good life now, and it is already the key to life and death.
Bai Bing naturally came together. Wu Mingxuan divided Alibaba's shares into three parts. Cai Chongxin and the 12% who had voting rights were cross-holding with the Bank of Portugal and Australia, the part that traded with Yahoo was held by North American branches, and the part that traded with SoftBank was held by Japanese branches, all of which were as high as 21%. Based on the current total market value, it exceeded US$60 billion.
The purpose of doing this is to reduce systemic risks, otherwise it will be too conspicuous. Making the equity and the shareholders on his side will make the decision-makers have some concerns, and it will not be too targeted like this time. Moreover, he does not intend to let Ant Financial go public now, but accepts work guidance from various departments to reduce systemic risks, and apply for listing after meeting the standards and obtaining a stable long-term development model.
When she found out that Zhuge Dasheng had also gotten on the car, Bai Bing, who also came to attend the shareholders' meeting, was very surprised because she knew very well what was going to be discussed next. It seemed that this beautiful lawyer had now become a real person of her own.
Chen Duling is naturally the assistant of Zhuge Dasheng who continues to serve as the assistant. Chen Duling's talent is actually very limited in acting, so Wu Mingxuan is cultivating in other aspects. Filming is just a hobby and fun. Not everyone is suitable to be a star. Instead of wasting their talents and abilities, it is better to do something more meaningful.
Like Bai Bing, who is an actor, can only be considered a second-rate. She really depends on her own strength. She can't even sit steadily on the front line, but she is very useful in helping Wu Mingxuan do business. In recent years, the Portuguese-Australia bank has been managed in an orderly manner, so Wu Mingxuan is also focusing on cultivating his little ears.
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