Reborn Aristocrat: Return of the Vicious Heiress (Part 2)

Chapter 1111 - 1115

Reborn Aristocrat: Return of the Vicious Heiress - Chapter 1111

Chapter 1111: Project On Hold

Wen Xinya gently said, “Facts speak louder than words. I oppose Wen Corporation’s investment in the entertainment city project. I’m not being selfish. I just do not want the entertainment city project to affect the foundation of the Wen Corporation.”

Wen Corporation’s current operations can generate a lot of revenue for shareholders. The shareholders will not allow it. The entertainment city project will affect the existing operation because everyone knows very well that money will only roll in when the foundation of the group is stabilized.

What are projects in a casino? It’s just a big cake drawn on paper for show.

Wen Haowen became furious and stared ferociously at Wen Xinya as if he was about to eat her. “The entertainment city project has already set up a separate subsidiary, and the approval of funds is also strictly in accordance with the review of the board of directors together with the shareholders. When and how will it affect the foundation of the Wen Corporation? Wen Xinya, your place is not here!”

The meeting room erupted in disputes.

The shareholders also started to show hesitation.

Between Wen Xinya together with Old Mr. Wen, or Wen Haowen? Who should they believe?

The answer was self-evident. Naturally, it would be Old Mr. Wen!

The shareholders also felt that the budget for the phase of the previous entertainment city project was clearly 500 million. As a result, because the shareholders would not let loose, the board of directors did not approve it. Finally, it was inferred that the capital budget was not true. The funding had become 300 million. This repeated attitude had confirmed that the project budget of the entertainment city was problematic.

Wen Xinya walked slowly towards the projector of the meeting room. “Does the entertainment city project impacts the operations of the Wen Corporation? I have some data here to prove to the shareholders.”

Secretary Cao sat in front of the computer and tapped a key.

On the big screen in the office, a set of bright red data was presented. “Everyone can see that since the launch of Ai Shang Group’s products, the stock market price of the Wen Corporation has continued to increase. For the project, the stock has fallen sharply. As of now, the stocks of the Wen Corporation have fallen to nearly -7.56 (referred to as 7.56 dollars).”

Then, the projection in the conference room jumped, showing another set of data.

Wen Xinya said, “This is three months ago, the sales of clothing, jewelry, and skincare products over the market were compared with the sales of the marketing department in the past three months. As you can see, as of now, the total sales volume dropped by five percentage points, especially the sales of Ai Shang Group’s products, which actually dropped by nearly ten percentage points. According to the feedback from the market sales department, sales continued to decline.”

The shareholders’ attention was immediately attracted by these data.

Old Mr. Wen suddenly laughed. It turned out that she asked Secretary Cao to investigate this.

The development investment information of the Jiayuan Club was used to induce the huge investment of the Wen Corporation’s Entertainment City project, which was difficult to load within the group, so shareholders suspected that there was a problem with the entertainment city project planning plan, and then used this information to become a crushed shareholder. Our last straw, what kind of information, and when will it be used to achieve the best results?