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290 Hurry Up Weekend - Part 4

Friday, continued …

Anna however noticed how annoyed that he was with her, and decided that she would crush him now, to ensure that he was not going to beco a long-term problem for her and Amanda.Damn him and his lack of respect.

Before he uttered anything Anna continued, in a quiet, but what Hou Yi knew was a deadly voice "Director Su, you will listen to .Before we get into an argunt about Madam Yao, she is the wife of the independent director of the company's board.He has legitimately appointed her has his proxy for today's eting."

"And before you start to argue further, rember that the company her husband is CEO of, XF International collaborates with Hou Enterprises on multiple projects both dostically and internationally.If you want to damage the company, insult and belittle CEO Yao's wife, and I can tell you now, I know the company charter, I will see you removed as the head of the legal departnt and a new head appointed.That imdiately will cease your roll on the board."

"I will tell you once, Madam Yao is staying for this board eting, having a legitimate appointnt as a proxy.You know if procedure is followed for general board etings, there is nothing you can do to stop the proxy from attending.Now, you will here address her by her title, Madam Yao, not Miss i."After a two second pause Anna continued "And if her marriage does not worry you, generally annoying her could have the sa consequence, as her father is the Vice-CEO of XF International."

Director Su, listening to Anna, realised that he could not say anything.She was nothing like what his subordinates had told him.They promised she was intimidated enough that she would vote with him.Damn it, his current plan to take control of Hou Enterprises, relied on this.He had the internal directors except Ji Feng intimidated enough that they always voted with him.

CEO Yao, despite his known friendship with Hou Yi, always acted as an independent director and weighed up actions.Having Madam Hou on side would be enough to convince him to vote to remove Hou Yi as CEO of Hou Enterprises and Ji Feng as Vice-CEO to install himself as CEO.He had planned to move at the next board eting as Ji Feng had to give his proxy to another internal board mber, which would have guaranteed victory for him.

Hou Yi knew he needed to imdiately regain control of the eting."Gentleman, Madam Yao, Anna, welco to the board eting for Hou Enterprises.This eting, as you know was to have occurred a fortnight ago to formally confirm the Company Charter requirent that upon our marriage appointed her has a director."

"So as to prevent anyone in the future questioning this, the company charter indicates that a maximum of three generations of the Hou Family can own shares, and six family mbers, including spouses, are to be board mbers.The effect of the provisions of the Charter is such that until I married my Aunt was deed to be the sixth director.On my marriage, the charter imdiately appointed my wife as a director."

"The original eting to formally confirm the effect of the charter, was simply delayed due to the assault on my wife that hospitalised her.Now for those who are unaware, my wife is a qualified Australian Lawyer, and with Madam Yao to beco a qualified lawyer here.In Australia she worked for ANX Lawyers, who are our Australian Legal Firm, and corporate law experience.She is well and truly qualified to be a mber of this board.Can I please have confirmation from the board of the company charter's effect."

Ji Feng, and Amanda Yao imdiately put up there hands, Hou Yi also put up his hand, and said, "I am also voting as proxy for both my parents and grandparents.", which reached 6 votes.The finance director, who had been ashad that a corporate spy had been in his departnt, decided to vote against the rest of the internal board mbers, to give an absolute majority, and put up his hand.As soon as everyone else seen that there was no doubts on the majority, they also put up their hands, but Hou Yi could tell that it was a reluctance on most of their behalf, specially Director Su.

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