"May I ask President Xiao, how much stock does this new shareholder possess?" a male shareholder sitting below Sun Hai asked, according to the seating order, he should be a shareholder just after Sun Hai.
The issue he raised was also of interest to other shareholders as it related to their direct interests. The more shares the new shareholder possessed, the less their shares would be diluted.
"After becoming the new shareholder, he holds ten percent." Xiao Manxue did not beat around the bush and announced the result directly.
"Ten percent?" the shareholder was stunned, disbelievingly.
"Did we hear it wrong? Really, ten percent?" the other shareholders also got excited upon hearing this.
The shares of the eight minor shareholders together didn't even make up ten percent, yet a new shareholder had acquired ten percent, which naturally agitated them.
