Chapter 947 Public Divestment

This truth can be understood even by ordinary people.

Once Feiyan Group does not have the cooperation of Tom Group, many things will become very interesting.

Other people in the business community not only will not give Cao Fei face anymore, but even have to keep a distance from Feiyan Group.

What does it mean for a well-connected shareholder to suddenly choose to divest his capital?

Other entrepreneurs may think about it for a long time.

Until the answer is found, the development of Feiyan Group will be seriously affected.

"Feiyan Group is bigger and stronger, the more money he earns, the more abundant Song Feng's pockets will be, he is the largest shareholder of Feiyan Group, and he has all the decision-making power, including Tom Group, the companies that inject capital into Feiyan Group have long been regarded by Song Feng as a hen that can lay golden eggs."

"Okay, you don't need to say any more, I have decided to immediately terminate the cooperative relationship with Feiyan Group and withdraw all the funds and resources invested in Feiyan Group."

The next morning, Tom Horred, in his capacity as acting president of Tom Group, held an online meeting.

The participants in the meeting were all group executives.

At the meeting, Tom Horred announced the divestment in an almost domineering manner, completely ignoring the obstruction of others.

As Cao Teng said, the more money Song Feng earns, the greater the losses of other families and businesses.

Song Feng, the head of the group, has countless ways to turn the funds handed over by other families to the Feiyan Group into his own in a way that he does not know.

Immediately after the resolution, Tom Horred held a press conference.

After contacting the reporter, Tom Horred invited the major shareholders of Feiyan Group, together with Song Feng, to a local five-star hotel banquet hall.

The press conference began at two o'clock in the afternoon.

There is still half an hour left before the start of the event, and the venue is already full.

Song Feng in the front row looked at Cao Feiyan next to him and said, "Can you guess that Tom Horred, the sudden press conference is about to announce something?"

Cao Feiyan shook her head and speculated, "Maybe it's about announcing some investment arrangements."

Whether it was Song Feng or Cao Feiyan, they all received the news in a short time.

Tom Horred decided to hold a press conference, which lasted only three hours until the press conference began.

Song Feng had a vague uneasiness in his heart.

Doubting your guess some time ago is likely to turn out to be a prophecy.

Tom Horred held an impromptu press conference and definitely had something big to announce.

As for whether it will be announced that Tom Group will invest in certain areas as Cao Feiyan said, Song Feng thinks it is unlikely.

After Cao Feiyan's reminder, Song Feng somewhat understood Tom Horred's work arrangements during this time.

I really don't know if I don't check.

After Tom Horred took office, he didn't do anything serious, he spent every day drinking, eating, drinking and having fun.

At two o'clock, the host of the press conference took to the stage.

"Ladies and gentlemen, thank you for taking the time out of your busy schedules to attend the press conference held by the Tom Group."

"Please be quiet, Mr. Tom Horred, Acting President of the Group, who will be speaking to you shortly."

The words fell, and Tom Horred, who was wearing a high-end suit, walked onto the stage.

The scene burst into applause.

The host handed the microphone to Tom Horred and stepped aside, Tom Horred looked at Song Feng who was sitting in the front row, with a smiling expression on his face.

"Ladies and gentlemen, journalists, some of you know me, some don't, and I'll reintroduce you here."

"I'm Tom Horred, the president of Tom Group, and Tom Horred, the younger brother of Thomston, and I'm holding a press conference today to make an important announcement."

"In the language of your country, it is called a new person and a new atmosphere, my brother needs to leave for a period of time due to personal reasons, and I, who temporarily served as the president, have set up a new path for the development of Tom Group in the Dragon Country

of the direction of development."

"I needed to concentrate on developing new areas, so some unnecessary areas were decided to be given up by Tom Group."

At this point, the reporters stared closely at Tom Horred on the stage.

Song Feng looked at Tom Horred with a smile, and the guess in his heart had come true.

Next, it was announced that due to the change in strategic decision, Tom Group will recover the funds injected into Feiyan Group.

As soon as these words came out, the audience was in an uproar.

Countless pairs of eyes looked at Tom Horred on the stage without blinking.

I never thought that Tom Horred would make such a decision.

The relationship between Tom Group and Song Feng and Feiyan Group can no longer be described as good or bad, and it is simply a family.

Not long ago, Thomston heard that Song Feng might have an accident, so he returned to Xiangcheng halfway, and rushed out of the airport in a hurry, not even noticing that the shoes on his feet were thrown off.

I personally drove to visit Song Feng's house.

The relationship is so good, and the brothers are no more than that.

Unexpectedly, Tom Horred would announce the recovery of all the funds to the Feiyan Group.

Cao Feiyan looked at Song Feng, and Song Feng nodded.

Tom Horred's dislike of himself has reached the point of exploding, and if it weren't for that, Tom Horred wouldn't have held a press conference.

In front of countless people, he announced the recovery of his investment.

"Please be quiet."

Tom Horred increased his tone, suppressing the noise of the scene.

"You may think that it is abrupt for me to withdraw my investment in Feiyan Group, but it is not something difficult to understand."

"It's common for a businessman to make an investment, and it's even more common to get it back."

"Mr. Song, am I right?"

Tom Horred sneered.

Hearing this, the reporters took the lead in the direction of shooting, shifting from Tom Horred to Song Feng.

Song Feng said lightly: "Mr. Tom Horred is right, whether it is investment or divestment, it is a normal business practice."

Things have reached the point of no return, since Tom Horred wants to take the money away, let him take it, Song Feng attracts even if there is no Tom Horred's funds, Feiyan Group will definitely continue to grow.

"Since Mr. Song thinks that there is no problem with me doing this, then please return all the funds invested by Tom Group to us as soon as possible."

"This is the end of the press conference, so let's leave."

Thomston came and went in a hurry.

The press conference ended after only five minutes.

The press conference, which lasted only five minutes, made countless people feel incredible.

Tom Horred, on behalf of Tom Group, ended his cooperation with Song Feng.

What the hell is going on among them?

Leaving the press conference venue, Tom Horred did not return home and drove to the headquarters of Feiyan Group.