Chapter 1256: The Mu Group cannot do without him!
Translator: Atlas Studios Editor: Atlas Studios
This was why the man had the support of the two major figures in the household—Mu Sheng, the family head, and Mu Linfeng, his second uncle. This was how he had made it so far, too.
Like a ruler in ancient times, he was prepared to put down all his glory and achievements for a woman. How could everyone not be slack-jawed by this news?
Giving away his shares to Mu Lianjue would also mean that they must be prepared for another member to be in charge of this gargantuan empire.
This was by no means a small piece of news to the directors.
The change in the CEO would have a direct effect on their benefits!
When Mu Yazhe had taken over the reins from Mu Sheng a few years ago, everyone was doubtful!
At that time, the man was only in his early 20s; everyone resisted the idea of giving him the power over a conglomerate!
Disheng was facing a life-and-death crisis at that time; the CEO could decide its fate!
All achievements over the years might be destroyed in a moment’s folly!
The board of directors desperately needed a wise ‘ruler’ to steer the company in the right direction.
For the first few days when he came on board, a few shareholders had tried making his life difficult. They reckoned that this green-horn would be unable to lead them out of the crisis.
The man proved them wrong in just a year, though!
He showed them that he could strike a perfect score and do more beyond and above!
By now, Disheng had assets all over the world—shopping malls, holiday resorts, properties, entertainment industry, internet…
It could crush the competitors in every arena it branched into.
This silenced his critics and made them fully recognize this capable and outstanding CEO.
This conglomerate’s quarterly financial reports in these five years had increased a few hundred folds compared to the past!
There was a saying within the company’s management.
Just 1% share of this conglomerate in Mu Sheng’s hand would let one have endless riches to enjoy for the rest of his life, worry-free!
However, when it came to the Disheng in Mu Yazhe’s hands, the yearly dividend from 0.001% share would be equivalent to one year’s profit of an industrial company.
This was to say that the young man would not leave with nothing when it was time for him to go. After so many years, he had built sufficient business network, plus his capabilities, to establish his very own empire!
On the other hand, Disheng would likely regress to its pre-glorious days when he left!
The country’s economy would be shaken as well. Foreseeable outcomes in the future would be economic recession, industrial failure, and stock market volatility…
As what an idiom described, ‘a country can’t do without a ruler for even a day.’ It needed to have a consolidated, correct, and effective management.
Likewise, running a family business would require the same principle.
Disheng Financial Group could not go without a wise leader, too.
“This rascal, are you really intending to transfer your shares to that wily old fox?!” Mu Linfeng slapped the table angrily and bellowed.
His nephew sniggered inwardly, knowing well that his second uncle had brought the group of directors to interrogate him!
Still, he could very well understand what his uncle was feeling!