One-vote veto means holding more than one-third of the company's shares, that is, more than 33.4%, so holding 35% of the shares has exceeded the requirement of 33.4%, and we have one vote veto. If you own more than 66.7% of the company's shares, you have absolute control over the company, and having a veto power of 33.4% means that as long as you disagree, the company's major issues will not be passed. ?
Of course, a one-vote veto cannot veto all the decisions of the company. One-vote veto can only veto major issues of the company, such as amending the articles of association, increasing or decreasing the registered capital, merger, acquisition, dissolution and liquidation. Other trivial matters of the company, such as buying some office supplies, do not have this right, so the one-vote veto is limited.
If you want to have a say in everything in the company, you must own 67% of the shares, which is equivalent to 100% of the power in the company. Can modify the articles of association/division, merger, change major projects and make major decisions. If you only own 30% of the shares, you can only have the right to bid for the acquisition line of listed companies. In reality, when holding 34% to 565,438+0% of shares, the goal of acting in concert and the rights and obligations of relevant shareholders can be agreed in the agreement, which can basically achieve the purpose of controlling the company. Of course, this means that if we unite with other minority shareholders, we can have greater rights in the company.