"How much of Feixiang Network's stock do we hold now?" Xu Kun asked.
A subordinate replied, "Nineteen point eight percent."
"Damn, that's not enough to become the major shareholder, damn that Jiang Xu!" Xu Kun muttered under his breath.
Then, his mind began to race.
Chen Tian was the major shareholder.
Although he had committed a crime, according to the law, if a shareholder's property was obtained through illegal activities, the court had the right to seize the property and force the transfer of shares.
When the court forced a shareholder to transfer shares, it should notify the company and all shareholders. Other shareholders had the right to buy them first under the same conditions.
The crime Chen Tian committed was unrelated, so his nearly thirty percent of the shares would not be confiscated.
Xu Kun had previously contacted the other larger shareholders.
Some would not sell, while others asked for a high price of five dollars per share.
