Chapter 275 Changing Faces

• According to corporate laws, if a shareholder wanted to transfer their share in the company, other shareholders of the said company would be given the priority to buy the shares. If the shares were to be sold to someone outside of the existing shareholders, at least half of the shareholders should vote in favor of the new shareholder.
• Central Group abided by this principle, but not Faulkner Group.
• Faulkner Group originally was run within the family. However, many shares started being sold to outsiders as financial planning.