Mr. Mo, your wife has given birth to triplets again.

Chapter 309 Board of Directors

Chapter 309 Board of Directors

next day

Mo Group Conference Room

A group of directors and shareholders were anxiously waiting for Mo Tingye to appear.

The temporary board meeting is initiated to solve the current problems of the group.

The problems left over by Mo Tingfeng in the past have seriously affected the group's stock price.

The shareholders are all waiting for Mo Tingye to appear and solve this problem.

Mo Tingye and Assistant Chen walked into the meeting room with documents.

The shareholders were all in an uproar, asking Mo Tingye how to deal with the problem.

"Mr. Mo, the group's stock price has plummeted, and we've suffered heavy losses."

"Former President Mo Tingfeng bears unshirkable responsibility for this matter. President Mo, how do you intend to deal with him?"

"And those major shareholders of this troublesome group, Mr. Mo, how do you plan to deal with them?"

Mo Tingye waved his hand, signaling everyone to be quiet.

"Dear directors, regarding the handling of the three shareholders, Jiang Yishu, Chen Haoming, and Lan Feng, the following is the procedure."

"They colluded with foreign businessmen and embezzled the group's funds. I have reported this to the police, who have detained them and are investigating. They have also recovered some of the funds. I have issued a notice expelling them from the board of directors. As for their shares, I have already repurchased them at the market price. The Mo family will bear all the losses they have caused, except for the ones I have repurchased. Rest assured, your interests will not be affected."

"Xiao Cheng, Zheng Mingyue, and Zhuo Wenxi were also arrested by the police. They will be responsible for compensating for the losses they caused, and all the people they planted in the group have been fired."

"What about the former president?"

A director asked.

"The following is the treatment of former President Mo Tingfeng."

Assistant Chen took out a stack of documents and distributed them to the directors.

"During his tenure, he committed serious dereliction of duty. The group has decided to use his 2% stake to offset the group's losses caused by the current share price drop. He will no longer serve in the group for three years."

"Is it that simple?"

"Then what about the losses he caused to the group's interests?"

"How can he stay on the board if he's unworthy of his position?"

The directors were full of accusations.

"Everyone, be quiet. I think I've explained everything clearly about how my eldest brother, Mo Tingfeng, was handled. The Mo family has shouldered the entire responsibility, and he has also made corresponding compensation. You haven't suffered any losses. Do you have any objections?"

Mo Tingye's face darkened.

"Boss Mo, we suggest that former CEO Mo Tingfeng be expelled from the board of directors."

"Yes, President Mo, he is no longer able to serve in the group. We think it would be best to remove him from the board of directors."

"Should the Mohist School tolerate this kind of black sheep?"

Upon hearing this, Mo Tingye threw the documents in his hand onto the table with a bang.

"One by one, don't go too far. My eldest brother has already paid the price for his actions. What else do you want?"

"Mr. Mo..."

"Don't you just care about your own interests? The Mo family has borne the losses suffered by you and the group. Do you still want to force my eldest brother to resign from the board of directors? Otherwise, Director Zhang, Director Wang, Director Huo, Director Huang, let's talk about the Huai'an project, the Qingcheng project, and the Civic project."

There was a hint of sinisterness in Mo Tingye's eyes.

His words made several directors break out in cold sweat.

"Don't... Mr. Mo, I'll do as you say."

"Yes, Mo Tingfeng doesn't have to be expelled from the board of directors."

A group of directors changed their tune.

Assistant Chen secretly complained in his heart, "After we deal with Director Jiang and the others, it will be your turn next."

He and his boss have already found out that the directors just named by his boss have tampered with several projects and enriched themselves. He still has the evidence in his hands.

If it weren't for Mr. Mo, the boss would have uprooted these directors long ago.

"Okay, since all the directors agree that my brother should stay on the board, please go back and adjourn the meeting."

Mo Tingye glanced at the directors, turned around and left the meeting room.

Assistant Chen also left.

A group of directors, all soaked.

I was frightened by Mo Tingye's powerful aura.

They were also frightened because Mo Tingye had found their weak spot.

They all had a premonition that after Director Jiang and the others were fired, they would be the next to be fired.

"This little Mr. Mo is much more powerful than the big Mr. Mo."

"Yes, his aura is so strong that I am sweating all over."

"But don't you think that Little Boss Mo is much more capable than Big Boss Mo?"

"That's right. With President Xiao Mo managing the group from now on, maybe our profits will grow even bigger. That's a good thing!"

"At least Mr. Mo is not a tyrant. He won't abuse his power and harm the interests of the group just for a woman."

"You're right. Mr. Xiao Mo is very capable, clean, and has great skills in running a business. I heard that the Royal Group, which he founded from scratch, is considered the biggest business group in Rongcheng, with considerable annual profits."

A group of directors left the meeting room while discussing.

President's Office

Mo Tingye stood in front of the window, silent.

"Boss Mo, other directors, when do we start?"

Assistant Chen looked at Mo Tingye's back and asked cautiously.

"We can't touch them for now. Wait until this incident with my brother is over before we take action."

The reason why Mo Tingye remained silent was because when his elder brother was in power, the management was chaotic, which led to many ambitious people reaching out to the Mo Group.

The Mo Group seems to be prosperous, but in fact it has long been in ruins.

It will take more than a few days to eradicate these termites.

"Okay, Mr. Mo, do you need to contact a headhunter?"

"Well, all the leaders of the important departments of the group have been replaced."

"Does it include the Ministry of Commerce, the Ministry of Law, and the Ministry of Network Technology?"

"The Commerce and Legal departments will remain in place for now. All staff in the Technology department will be laid off. Please notify the headhunters to help us find new technical personnel."

"I understand, President Mo, but..."

"What else do you want?"

"But if all the technical department employees are fired, the group's security system will be vulnerable and hackers will easily break through the firewall, and our important files will be leaked."

"I've asked my son Chenchen to help us temporarily with this matter. He should urge the headhunting company to help us hire highly skilled personnel within one day."

"I understand, President Mo. I'll contact the headhunter right away."

"Yes. Also, keep the evidence of those shareholders. I'll need it later."

"I've already put it in the safe, don't worry, Mr. Mo."

"Go ahead, I have something else to do."

"Okay, Mr. Mo."

Assistant Chen left the office in a hurry.

Mo Tingye picked up his phone and called his son Chenchen.

"Daddy, what's wrong?"

"Son, the maintenance of the group's system these days depends entirely on you."

"Huh? Did Dad fire the people in the technical department?"

"Well, a bunch of useless people who only get paid. They have no choice but to be fired."

"Okay, Daddy, I'll immediately replace the group's defense system with a new, more powerful one."

"it is good."

Mo Tingye sat down on the chair with a gloomy face.