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- Yuri
Chapter 930
Maja glanced at the clock on the wall, It was late. She needed to head home.
But lan had assigned her a task at this ungodly hour. No choice but to stick around. So, she went to the study to pick
up the documents she needed to
deal with.
As she was about to enter the bedroom, she overheard Jeff on the phone. It sounded like he was talking to some
bigwig from the Raymond Corporation. “So, all the recent projects are being handled by Dennis Raymond? He’s not
even qualified yet, right?”
Could this be the reason she hadn’t received any company documents in the past couple of days? All taken care of
by Dennis, it seemed.
The big shots on the other end of the line were being vague as hell. Clearly, they had faith in Dennis. They probably
thought he was on the fast track to becoming the CEO.
After all, the bet with the EcoTraverse Group was about to expire, and lan hadn’t made a move. He hadn’t even set
foot in the office for the past two weeks. Was he just giving up?
Jeff hung up the call, cold as ice. As he turned around, he saw Maja holding the documents.
‘Jeff, is the situation at the Raymond Corporation really bad?”
The bet is about to expire, but the CEO has been in the hospital and hasn’t done anything. If he loses, he will be
Follow on NovᴇlEnglish.nᴇtdiluted by 20% of his shares. Then Dennis will have the most shares, and he will become the CEO of the Raymond
Corporation. The higher–ups in the company are already choosing sides.”
All this was because lán got hurt.
Maja clutched the documents tightly. If lan’s injury was this serious, by the time he could get out of bed, Dennis
would have his feet firmly under the table. She had to do something.
She handed the documents to Jeff, saying, “I need to go home and handle some things. Don’t tell lan about the
company stuff for now. I don’t want him to worry. I’ll come see him tomorrow.”
With that, she made her way out.
Jeff wanted to ask her to stay, but he knew better. She was a lot like Mr. Raymond–once she made up her mind,
there was no changing it.
Jan was still in bed, thinking about how to get close to her later. But instead of Maja, in walked Jeff.
His brow furrowed instantly.
“Where’s Maja?”
“Ms. Pennyfeather said she had some stuff to handle and left.”
lan felt a pang of disappointment but quickly brushed it off. That was just the way she was.
“Mr. Raymond, do you want to look at these documents?”
He rubbed his forehead, answering nonchalantly, “Fill me in on the latest.”
“Dennis saw you were MIA and took over without any second thoughts. The recent big projects were all approved
by him.”
lan raised an eyebrow, not surprised in the least.
“I see.”
Jeff was clueless about lan’s plans, but seeing his calm demeanor put him at ease.
The boss must have something up his sleeve.
Meanwhile, after returning to Rosewood Manor, Maja started digging around. She reached out to every partner she
knew and even called Herbert, asking him to snoop around for her. Only then did she learn that the bet with the
EcoTraverse Group was a losing game from the get–go.
The Eco Traverse Group was no joke. They had a fleet of luxury car brands. Even lan’s garage was filled with cars
developed by them.
So, if the Raymond Corporation could work with the EcoTraverse Group, it would certainly expand their market in
the car industry.
The catch was that the bet required lan to acquire 5% of the EcoTraverse Group’s shares, which was almost
impossible.
To prevent a hostile takeover, the EcoTraverse Group had already locked up 95% of their shares through a strict
custodial mechanism.
These shares couldn’t be sold without the approval of more than half of the board of directors.
And the shares that hadn’t been locked were scattered among the senior management of the EcoTraverse Group.
Follow on Novᴇl-Onlinᴇ.cᴏmAs long as one senior executive didn’t agree to sell his shares, lan would lose.
Because the only shares he could buy were the 5% held by these executives.
This meant he needed to bribe all the senior managers of the Eco Traverse Group.
The fact that the CEO of the EcoTraverse Group dared to bet with lan meant he had full confidence in his senior
management.
From the moment lan signed the bet, it was a foregone conclusion that he would lose.
When Maja saw this information, she could hardly believe it. If she could find this out, there’s no way lan didn’t
know. So why on earth did he agree to this deal?
Did he actually believe he could buy off ail the high–level executives of the EcoTraverse Group?
But the most pressing issue now was that lan was injured and had just woken up. There was no way he could handle
business matters.
Once the deadline for the bet arrived, his 20% stake would be diluted. No wonder Dennis was acting all high and
mighty.
Maja hung her head. If the bet was destined to fail, then the only option was to increase lan’s stake. That way, even
if he lost 20% of his shares, he could still remain the CEO of the Raymond Corporation.
Maja immediately rushed to Raymond Mansion.
She had two options: increase lan’s stake or dilute Dennis’s stake.
The latter was impossible unless Dennis kicked the bucket.
The former involved acquiring Holden Raymond’s 15% stake in the company, a hot topic among all the members of
the Raymond family.