The Youngest Son Of A Rich Family - Chapter 168
[168] Independence 1
“10%?”
“yes. Vice President. Succeeded four flagship subsidiaries and six subsidiaries. The controlling stake is held by Sunyang Life Insurance.”
Vice-Chairman Jin Young-ki took a break.
I was worried because I had never shown that much affection among my bloodlines, but it is surprising when I think of the affection my father has shown so far.
“The equity relationship is accurately selected data. Let’s review it.”
Jin Young-ki quickly snatched up some papers that the secretary politely handed out.
Jin Young-ki 36%
Vibrator 33%
Miracle 16%
Jin Do-jun 10%
“The other 5% are executives?”
“That’s right. A total of 34 people, 21 retired and 13 incumbents. A detailed list follows.”
Vice Chairman Jin Young-ki looked over the list and frowned.
“Nigimi… they’re all father’s limbs.”
“yes. The only person who can bring back the stock is the chairman. However, since it was distributed in recognition of their contributions, they will not have any intention of taking it back.”
“Contact these people right now… no. Let’s watch some more. If you gossip for no reason, you will get into your father’s ears.”
“That’s right. There is still room, so you can move slowly.”
The secretary looked relieved at Jin Young-ki, who was not in a hurry. It happened yesterday. If you make even one call today to the executives holding 5% of the stock, it will immediately reach Chairman Jin’s ears.
Isn’t it obvious that he will only be criticized for being frivolous?
“Keep an eye on the synchronous movement. Add more people and don’t miss out on who you meet and report it.”
“yes. Vice President.”
Jin Young-ki remembered Jin Do-jun’s face.
There is no need to take away the stock the kid has. You just have to make it your own faithful dog. Dogs grow up feeding on the love of their owners.
From now on, I will always show the image of a benevolent uncle and slowly make him my own person. There is no need to be in a hurry.
Because there is nothing you can do with a 10% stake.
* * *
“How many times have I told you that what I need is no visible equity structure? Is this the only stock in the Sunyang Group?”
Vice-Chairman Vibrator shouted as he tossed the papers the chief secretary had given him.
“Find out all external organizations and individuals that can influence the group. Didn’t you know that if they unite, every person with the surname Jin in the Sunyang Group will be kicked out?”
“Vice Vice President. That’s…”
The chief secretary had to accept the vibrator vice president’s insistence intact.
Aren’t they shareholders who don’t exercise their voting rights anyway? Banks, investment institutions, and public institutions, which have huge stakes in Sunyang Group’s major affiliates, do not show much interest in the group’s internal management rights.
The reason why these institutions hold shares of Sunyang Group is not much different from bank deposits. As part of diversified investment, money was buried in the stocks of large corporations, but stocks were not secured to take over management rights.
The same goes for individuals.
In particular, individuals who have held stocks for a long time only consider them part of the property and have never exercised their stock rights to participate in management.
The variables now are the shares owned by the executives, Miracle, and Jin Do-jun.
“why? Are you going to whine that you can’t figure it out?”
“Oh no.”
“Listen. Obviously, there are stocks that have been diversified under borrowed names. Don’t you know my father yet?”
Vibrator glared at the chief of staff as if to kill him, but his gaze was actually directed at his father.
Chairman Jin’s desire for power far exceeds the range that ordinary people can dream of. He is not one to lay down his power until he breathes his last breath.
Surely, he would not have let go of the last handful that could feed the blow of conversion. A handful of them was hidden from institutions or individuals.
“Vice President. To be honest, institutions will move according to the will of the president. Not yet. But they’re aware of power shifts like ghosts. As the vice president develops his strength, I will naturally support him.”
My heart sank when I saw the chief secretary’s nervous expression trying to calm himself down while the vibrator caught the eyes that were burning like fireworks.
“thanks.”
“I apologize.”
The chief of staff felt the sincerity of Vice President Vibrator’s words.
“Still, you should figure out the individual shareholders, right?”
“yes. In particular, I will make sure to identify the list of long-term holders.”
“okay. Oh, there must be some guys with borrowed names. So, for example, those whose whereabouts are hard to find…”
“We will identify immigrants with unknown residence for long-term foreign residents.”
“okay. Be sure to find it.”
“yes. and vice-president. Shouldn’t there be at least a safety device on?”
“safety device?”
“yes. My nephew Jin Do-jun and Miracle. In my opinion, the link between these two shareholders is the younger brother, CEO Jin Yoon-gi. As long as we maintain a good relationship with him…”
“53%! I am the owner of Sunyang Group.”
“That’s right. It is no exaggeration to say that the direction of the group is in the hands of President Jin Yoon-ki.”
“I can’t entrust the hilt to someone else, can I? Try to mobilize all the funds of my companies to buy shares scattered in the market. I need to see how much I can get.”
“All right.”
As the chief secretary bent down and left, the vibrator picked up the phone receiver.
First of all, you need to understand your brother’s heart.
* * *
Director Jin Sang-ki smoked cigarettes continuously.
He is the third son of Chairman Jin Yang-cheol. If he had given even a few crappy subsidiaries, he might not have felt this level of contempt.
I’ve never done anything particularly wrong, and I’ve never had an accident.
Don’t you just look at the children?
His son and daughter are more modest than anyone else in the family. Enough to avoid common drunk driving.
Excluding herself from such a situation, and giving her four major subsidiaries to her nephew, who is barely starting to show off her childish traits!
Strangely, this anger was not directed at the nephew and father.
Jin Sang-gi’s anger was directed at his older brother, Jin Young-ki.
“Damn, I’ve been playing too long.”
Because of that, the presence disappeared.
I don’t even have to talk to my father. Because my older brother took care of it.
There was no need to go into my father’s study.
My father never found it.
The result is the position of chairman of the foundation that does not make money.
When I first became the chairman, I didn’t have the heart to just in case.
The foundation’s property was scavenged. like a treasure hunt.
Any hopes that my father might have hidden stocks were dashed within a week.
All I had to give to my kids was the scholarship money.
Chairman Jin Sang-ki decided to get his right from his older brother.
* * *
College days are over.
After finishing the final exams, I drove to keep the promise my father made me.
“I know the feeling of wanting to hang out with friends after exams are over. But you’re so busy that you can’t always spend the year-end and New Year holidays together. You and I……. So, let’s be intimate with our family just for tonight.”
You probably don’t know that you don’t have any friends to enjoy the end-of-class party with, but that’s how you said to make time.
The dinner place my father mentioned was a building in Sangam-dong, and the top floor was a fusion restaurant decorated quite nicely.
“Did you do well on the test?”
Sangjun hyung greeted me with a smile.
“It’s okay if you don’t fail.”
“Good work. Only graduation is left.”
My mother patted me on the back and gave me a seat.
The father, who arrived last, smiled brightly, perhaps because of the family gathering after a long time.
“honey. How are you here? Aren’t you in a good mood?”
“Is it good? But why are there no guests? It’s a bit early, but… is there no business?”
“Hehe. Christmas Eve is open. It’s because it’s not official business yet.”
“if…?”
When the mother tilted her head, the father held her hand tightly and said,
“I prepared it because there seemed to be no important meeting place for Sangam-dong officials. in your name.”
“yes?”
“The general manager here is a competent person. I paid a lot of money to scout you, so I ask you to show your face sometimes. Now that the kids are all grown up, shouldn’t there be a pastime?”
oh! Is my dad romantic?
“congratulation. mom.”
When Sang-jun hyung greeted her first, her mother’s puzzled expression brightened.
“Come on, let’s start with dinner. Try the representative menu here and give it a good rating. The chef is someone who studied well in Italy and France, so it should be fine.”
While eating, my father did not tell me that I had inherited Sunyang’s financial affiliate. It must be because of my mother.
Isn’t my family eager to stay one step away from Sunyang Group?
Now, if you know that I have become the eye of the typhoon, you will lose your sleep at night. Since the most serious content was not brought up, the conversation between family members was more gentle and harmonious than ever.
“father. Are you going to use the entire building?”
“huh? how did you know?”
How could you not know? All the company names on the information board in the lobby of the building were my father’s. Moreover, the name of the building is ‘HYUN’.
Isn’t that the current name of her mother’s name Lee Seo-hyun?
“father. Anyone who can read will know.”
Sang-jun said with a smile.
“is it? haha. Oh Se-hyeon held onto his leg and stretched out. borrowed cheaply.”
“Are you changing to a holding company system?”
“okay. I named it < Hyun Holdings >. We will start next year.”
The father looked at the mother affectionately and said.
“What do you think of the building with your name on it?”
My hands and feet tingle.
Such a childish age at the age of 50.
I must have received more of my mother’s blood. I thought you would be happy like a girl, but you sigh.
“In front of the kids… that’s all.”
Seeing Mother’s fierce gaze, Father subtly changed the topic.
“To gather everything here, including production companies, entertainment companies, and cable broadcasting. The same goes for companies scattered around Gangnam. That would make it easier to manage.”
I think it was deliberately timed for my graduation.
When I was thinking about building a house in Sangam-dong for my father’s convenience, my father said something unexpected.
“Now that Do-joon is graduating, why don’t you two move out of the house next year? It hurts my stomach to see my wife who has to feed the grown-ups. Stop working and become independent.”
“Hey honey!”
The shocked mother dissuaded the father, but the father still smiled and said,
“are you okay. How long can we wear it? It makes sense to leave the parent nest when the time is right. Worrying about making a living is their problem, and now let’s live happily like we were newlyweds.”
It’s a command that I couldn’t be more pleased with.
“I want to downsize my house and move to a more suitable apartment, but it’s difficult because of the visiting guests…” “I’m
leaving a room at Sunyang Hotel empty, so stop by from time to time and enjoy the feeling of being newlyweds. Think of it as my Independence Day gift.”
“Hey, how big is my son? be willing to write well haha.”
Sang-jun hyung, who couldn’t laugh with his father’s big-hearted laugh, was putting food in his mouth with his head down.
“Sangjun. lift your head Are you guilty?”
It would be no different from a sinner.
The younger brother has already become a source of pride for his parents by making huge sums of money, but isn’t the older brother himself a nerd?
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