Chapter 187
Chapter 187
The Smiths’ face fell upon hearing the figure. They were the major shareholders, and if Cross Corporation were to lose over a billion, it would mean that they were losing millions each.
Samuel added impassively, “I’ve heard that the Channing Emergency Response Unit has set up an investigation team to probe into the root cause of the accident.
“If the root cause lies in the management of the Cross Corporation, then you’ll have to bear the most responsibility.”
Penny nodded in agreement, “Yes.”
Paul also added, “What’s more, I’ve heard that after the incident, the city council apparently thinks that Cross Corporation is not competent enough to handle the Asiatic Mall construction. Are they really considering to let other companies handle this project?”
Penny widened her eyes upon hearing the news, and shook her head, “This is just a rumor. At least, I haven’t heard anything from the city council.”
Sean then snorted, “Penny, you’ve caused a big ruckus this time. Not only is the company losing big bucks, but you’re also even going to cause the company to lose our cash cow.”
“Your uncles and I are innocent in this matter. We don’t want to pay for your mistake!”
Penny furrowed her brows, “Grandpa, what do you mean?”
Sean’s face was expressionless, “Nothing. It’s just that we think you should be responsible for your own mistake this time. We want to let go of our shares on hand, and for you to return our nine million capital to us.”
Penny was astounded, “What? You guys asked to be shareholders in the first place. Now that we’ve made losses, you guys are not willing to bear the losses together, and even want to get the capital back in full?”
Sean then replied, “Yes. We’re going to give the shares back to you while you’re going to give us the capital in full, not a single cent less.”
Sean then replied, “Yes. We’re going to give the shares back to you while you’re going to give us the capital in full, not a single cent less.”
Benson and Leah were incensed at their remark.
They were trampling over Penny.
This construction site accident was quite serious; it would be a huge loss to the company.
If they were going to pull out at this moment, then the company’s cash flow would be in a dire condition.
Penny hurriedly added, “Grandpa, you guys really shouldn’t do this. Even if we bring this to the court, you guys would be at a disadvantage.”
Sean was enraged when he heard Penny, “How dare you! Are you saying you’re going to sue your grandpa and uncles?”
Samuel retorted, “Hah! Penny, it seems like you’re quite bold now, and even dare to rebel against grandpa and us!”
Penny did not really want to sue her own grandpa and uncles.
Even if she had won the case, the Smiths would become the laughing stock among the Channing business circle.
Moreover, they would still withdraw their shares.
The only difference would be that they would get less than their nine million capital as it would be calculated based on the current market price.
Penny then soothed them, “Don’t get angry, grandpa and uncles. I’m not saying I want to sue you guys.”
“I just want to ask for you guys to hold back the decision to withdraw your shares. Can you guys wait until after the incident has cooled off and for the company to return to its normal operation?”
The three of them had gotten the news that the city council is considering letting another company handle the Asiatic Mall project in view of the construction site accident.
Cross Corporation would be nothing if they lost the Asiatic Mall project.
The three of them were not willing to bear the risk. That was why they were rushing to withdraw their shares.
They could not care less about Penny and just wanted to get their nine million capital back.
Even if Penny begged fervently at them, they would not budge.
Penny was anxious at their attitude and a glint of tears could be seen in her eyes, “Grandpa, you guys are essentially cornering me if you insist on withdrawing your shares now.”
Sean was impassive. “We don’t care. After all, it’s only been a few days since we became shareholders. It’s better if you just think we’ve never become shareholders before.”
Benson and Leah were both distressed seeing Penny being cornered by them, but they could do nothing to help.
Queenie was doing her schoolwork, accompanied by Nathan. She was almost sobbing and said in a small voice to Nathan, “Daddy, great grandpa and uncles are bullying mommy again.” Content (C) Nôv/elDra/ma.Org.
Nathan gazed at them, “Honey, no need to be bothered by them. Just let them withdraw their shares if they want to.”
“I guarantee that they will repent for life for making this decision today.”