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Chapter 691 - LX Holdings
The prenuptial agreement revisions were finalized. It would take effect once the couple signed it and all procedures were completed before the wedding.
"The prenup is done. Although I’m sure that it would never activate, Xiulan and I are still pleased with the revisions. Well done," Jin Liwei said.
The lawyers, Hong Shaoqiang and Kang Huizhong, nodded their heads, silently accepting his praise, even though they thought that the couple was completely crazy for the extreme changes they made to the already extreme prenup.
"Continue with the next order of business," Jin Liwei added while glancing at his gold wristwatch. "It’s almost midnight. I want this meeting concluded as soon as possible. Xiulan needs to rest."
"I’m fine," she told him.
"No. I know you’ve been feeling tired lately. You need to take ample rest or I’ll worry."
She smiled at him. "Okay. You, too."
"En."
Follow on NovᴇlEnglish.nᴇtThe two looked at each other, their gazes so sticky-sweet that Dom descended into another fit of excited ehehehe-ing while the others could only avert their eyes and try hard not to choke from the excessive dogfood.
As for Lu Zihao, he was more interested in the fact that the meeting wasn’t over yet. He thought that they would only discuss the prenup tonight but it turned out that there was more. He was the only one among them who looked surprised. It seemed that the others knew about the next topic of discussion. Curious, he stayed silent by the window and decided to observe until the end while stroking the purring Popcorn.
This time, Qiao Yu took the lead.
"Miss Long Xiulan and CEO Jin Liwei have decided to combine their matrimonial finances and properties into a single wealth management system which we will call LX Holdings. Because each of them has considerable assets and some liabilities on their own from many different sources, we are unable to immediately combine everything without performing due diligence. We need to decide which ones you want to include in your matrimonial holdings. Please be advised that this might take a long time as we need detailed information about your wealth portfolios, so we might not be able to finish setting up LX Holdings before your wedding," the financial manager told them.
"That’s fine. As long as everything is set up correctly in the end, it doesn’t matter if it can’t be completed before the wedding," Jin Liwei said. "But I want it completed within a year. If you can do it sooner, that would be better."
"Understood, CEO Jin," Qiao Yu replied. "Your financial manager and I will work hard to finish everything within that time frame." Then he looked at the two lawyers. "I’ll have to trouble Atty. Kang and Atty. Hong to assist us with the legal portion of the process."
Kang Huizhong nodded.
"No problem," Hong Shaoqiang answered.
The next hour consisted of them discussing Qiao Yu’s proposal on the best way to combine the couple’s selected finances and properties together. For now, the couple decided to do the following:
All their matrimonial assets so far would automatically transfer to LX Holdings once it was set up. This included their jumbo jet, LX Air. Jin Liwei also added the massive luxury yacht currently docked in the French Riviera, named LX, which they used during the Sommet International Film Festival earlier in the season. Their other more minor purchases together such as matching jewelry, furniture, appliances, etc. would also be transferred.
"Add Dragon Palace Home #10, too," Jin Liwei told Qiao Yu.
Iris protested against it. "No. You bought this property years before we even met. It’s yours, so it shouldn’t be included in our matrimonial holdings."
"This has become our main home so of course we should include it in our matrimonial holdings. Or do you want to buy another property together where we can move and make into our new main home? I don’t mind. We can just keep Dragon Palace as our vacation home."
Move into another home? Iris wasn’t keen on the idea. She had become very comfortable living in Dragon Palace Home #10, even more than her Gold Heights penthouse where they would stay for only a few times per month for convenience sake due to her irregular showbiz workplaces. For her, Dragon Palace Home #10 was home and she didn’t really want to move into a new one. She would love to buy other properties together with him but those would be their vacation homes, not Dragon Palace.
Jin Liwei had a sense of what she was thinking based on her expression. He was pleased that his baby girl had become attached to his house. Before she came into his life and made him crazy in love with her, the place felt like a cold necropolis. Then she moved in, breathing life and love into it. Now it was their home. A warm and loving home for their family.
In the end, he was able to persuade her to include Dragon Palace Home #10 into their matrimonial holdings.
"Then I should include my Gold Heights penthouse, too—"
"No." He was the one who protested this time.
Follow on Novᴇl-Onlinᴇ.cᴏmShe frowned. "Why not?"
"Didn’t I gift you the entire Gold Heights company? Your penthouse is under Gold Heights. And since I gifted the company to you, it belongs to you alone."
Iris tried reasoning with him but he insisted that gifts were different to matrimonial assets. She eventually conceded to him, not wanting to waste any more time arguing.
Jin Liwei was satisfied but he wasn’t done shocking everyone yet. He threw another bombshell.
"I have another gift for you."
Iris felt curious but also wary because he had the tendency to go all out when gifting. "What is it?"
"I’ll give you 5% of my own Jin Corporation shares. My wedding gift to my wife."
She blinked her eyes, unable to react in time.
Gasp!
Qiao Yu and the two lawyers failed to maintain their professional expressions from too much shock. Dom pretended to faint on the couch while Lu Zihao froze and looked at Jin Liwei with a complicated expression.