Chapter 1065 (1/2)
Chapter 204 - Ji Feng and Rong Peng Begins Together
Ji Feng didn't expect that the martial artists would actually use the offsh.o.r.e company to entrust Rongpeng with the management of the stocks. Not only did they skilfully avoid all the regulations, but they were also reasonable and legal.
More importantly, the martial artists were very shrewd. Many years ago, they had already signed a share agreement like this, giving 70% of the shares to the offsh.o.r.e company, only leaving it to Rongpeng to manage it on his behalf. (TL: Rongpeng = Rongpeng = Rongpeng = Rongpeng = Rongpeng = Rongpeng = Rongpeng = Rongpeng) As for the remaining 30%, he had privately signed it with Rongpeng. This was a complete loss for Rongpeng.
It was no wonder that Zheng Yuxiu dared to be so arrogant, even saying that even if the lawsuit was sent to Beijing, Rongpeng would still lose. Now it seemed like, no, the people in the martial arts world had their own plans, and they also had their own legal basis.
”Mr. Rong, I don't understand. Since you know that 70% of the shares are legal and not yours, then why did you only sign a private agreement with the remaining 30%?” Ji Feng was perplexed.
This private agreement didn't have any legal effect. How could Rong Peng not understand this? Then how could he make such a mistake?
”Of course I know that.” Rongpeng nodded and said, ”The reason why I did not seriously care about this matter is because of two reasons. ”Firstly, the agreement I signed with that offsh.o.r.e company has a condition. That is, when the other party wants to reclaim the shares, they must have my consent. The two parties must negotiate, and if I do not agree, they will not be able to reclaim the shares!”
”Second, the remaining 30% is under my name.” Rongpeng said, ”In this situation, why would I deliberately consider whether the 30% share agreement has any legal effect?”
”That's true!”
Ji Feng smacked his forehead as he laughed, ”Look at my brain. It seems like I am confused from all the twists and turns...”
”Hehe …”
Rongpeng smiled and said, ”Simply put, as long as I don't agree, they can only take 30% of Rongpeng Group's shares, because that's other people's shares. I have no right to ask. However, no one can touch the remaining sixty percent of the shares! ”
Ji Feng nodded his head. Rongpeng had already said before that when he established Rongpeng Group, there would be others who would buy shares. In reality, the shares that he and the Wu Clan held in Rongpeng Group were only around 60% of the total shares.
”So even if you don't hand over that thirty percent, no one can do anything to you, right?” Ji Feng asked, ”This 30% of the original shares, is about a fifth of the Roc Group's shares, and is basically yours. From a proper perspective, the Wu family has no reason to take it away, right?”
”Strictly speaking... Indeed! ” Rong Peng nodded slightly.
Ji Feng couldn't help but be puzzled, ”Then why did you say before that you have nothing at all?”
”My son is still in prison …” Rongpeng bitterly said.
Ji Feng went silent. So it turned out that what Rong Peng feared wasn't any sort of contract or agreement, but rather his son who was still in prison.
It was foreseeable that if Rongpeng did not hand over all his shares, what kind of treatment his son would suffer in prison. Just the mere thought of that scene was enough to make one's scalp tingle, not to mention the fact that it was his own son who was being mistreated.
More importantly, even if they were abused, they would not be able to catch the attention of the Wu Clan. In a place like a prison, there were simply too many people who were willing to take the blame.
Therefore, Rong Peng could only choose to give in!
”Actually, I also thought about it before. As long as I can get Bao Gang out and send the three of them out, I will immediately commit suicide!” Rongpeng said in a deep voice, ”Like I said before, I have a condition in the agreement with the offsh.o.r.e company. If they want to take back their shares, they have to have my consent. If I die, they can forget about taking back their shares …”
”Then all the shares will fall into the hands of Su Yan and her mother!” Rongpeng shook his head and sighed, ”It's a pity that I missed a move. I didn't expect Bao Gang to be confined and be unable to escape.”
”It was Zheng Yuxiu!” Rong Su Yan laughed coldly, ”I really don't know if I should hate her or thank her.”
If not for the fact that Zheng Yuxiu had controlled Bao Gang, they would have already gone abroad and their father, Rong Peng, would have committed suicide. From this perspective, this vicious act of Zheng Yuxiu actually saved Rongpeng's life.
However, this was not Zheng Yuxiu's intention. She wanted to control Rong Baogang and force him to hand over all the shares, even the slightest bit of kins.h.i.+p.
In this regard, Rong Luo Yan hated Zheng Yu Xiu to the bones!