The Youngest Son Of A Rich Family - Chapter 176
[176]Who bought the bomb? 4
“Now wait a minute. Do-joon. what did you just say Are you sure you said it was a three-year bond?”
The vibrator vice president’s face turned red. On the other hand, Vice Chairman Jin Young-ki was so flustered that he couldn’t even speak properly.
“yes. Instead, the sale price will be 1.4 trillion won. Oh, it’s not a very accurate figure, but I know that the bank debt is over 400 billion. So, with debt, it will be a little over 900 billion.”
“900 billion?”
The sound of the vibrator vice president’s head spinning was vividly audible.
It is not a numerical calculation. It is already in my mind whether I will be able to pay back 900 billion won in three years.
The world goes by so quickly that it is difficult to predict even a year from now. How can you accurately estimate the company’s situation three years from now?
Right now, in his head, he must be calculating whether or not he can issue bonds worth close to 1 trillion won.
On the other hand, Vice Chairman Jin Young-gi, who had missed the victory, was terrified as he searched for something to say.
However, since they were family, they said they would take care of convenience, but they couldn’t shout out that credit transactions were not allowed.
It’s funny to see the expression of one person who is happy and another person who is nervous.
It’s like trying to take a ticking time bomb with three years remaining.
Changes that come slowly are adaptable. A few drops of drizzle will give you time to shelter before the downpour, but a sudden downpour must be met.
But danger always comes suddenly and never comes alone. Risk is two or more things moving together. Like a shower with a strong wind. Like a tsunami accompanied by a typhoon.
If the credit card crisis in three years is a shower, bonds worth 1 trillion won with maturities could become a strong wind or a tsunami.
When debt collection becomes impossible due to the credit card crisis and the company’s funds run dry, the 1 trillion won bond is tantamount to being hit by a nuclear bomb.
I wonder who will take this bomb.
If you are a cruiser with abundant funds, you can withstand strong winds and showers. But what about Sunyang Heavy Industries?
It will be different depending on the heavy industry market three years from now, but it will not be easy to endure. To see the effect of a time bomb, it would be much better for Vice Chairman Vibrator to take over the credit card company…
“Do-joon! Are you insane? A three-year bond? The moment the credit card company is sold, profits are cut off. You may be under financial pressure right away.”
Vice Chairman Jin Young-ki hurriedly said, but it was already too late.
“older brother. Stop talking nonsense. All of the affiliates that Do-joon is in charge of are no different from banks that print money. What is the financial pressure…!”
Vice Chairman Vibrator glared at his older brother and then told me. It’s about getting a clear answer.
“Do-joon. Evaluating the credit card company at 1.4 trillion won means that all stakes in other affiliates were taken away, right?”
“That’s right. Except for three or four related subsidiaries, all stocks in core affiliates will be transferred. Including the shares of Sunyang Life Insurance and Sunyang Securities, it is close to 3 trillion won.”
“good. And you’re going to receive all the proceeds from the sale as bonds with a maturity of 3 years, right?”
“Your uncle. Because we are family.”
I sent a bright smile to my second uncle. He poured himself a drink as if in response to my smile.
“okay. Let’s finish with that for now. Practitioners will have to talk in detail. And brother.”
“What?”
“Let’s not raise our voices in front of our nephew. After dinner, the two of us should talk separately. How is it?”
The vibrator’s earnest gaze, the last pride to not lose weight in front of the nephew. It would be difficult for Vice Chairman Jin Young-ki to reject this gaze.
He nodded and raised his spoon.
“Let’s eat first. Also, Do-joon.”
“yes. uncle.”
Vice Chairman Jin Young-ki said with a benevolent expression, as if he had never done that.
“Is the company heavy on your shoulders?”
“A little bit. Still, I’m glad it’s a field I know well. If it was a manufacturing industry… How would you handle it? To the factory, to the workers, to the union…”
I shook my head vigorously.
“You can tell by looking at CEO Oh Se-hyun. Ajin Group, Sunyang Motors, Daeah Construction…. I was busy taking care of these companies. At least, I endure because the presidents and executives take care of me as if they were my own company. If it were me, I wouldn’t have survived. Will those executives accept me as a child?”
The uncles looked disappointed because they did not receive the answer they wanted, but they did not let go of hope. It’s because I confirmed the fact that I absolutely hate dealing with people.
A young fellow who is not yet accustomed to giving orders or orders.
I think I don’t know the taste, so if the business situation goes bad, my mentality will be shaken, and then I think I can seize the opportunity somehow.
“okay. If you have any difficult or difficult things in the future, please tell us anytime. I will actively help you.”
Pretend to be thinking about cats and mice. Abominably…
“Yes. thank you.”
The bomb was put up for sale, and I even saw them arguing to buy it, so my work was done.
Now, we have to compete and extract more than 1.4 trillion won…. If the sale price is raised too much, the first uncle has an advantage.
It’s a family, shouldn’t the competition be equal?
Should I pay a lot of interest?
It was fun to watch the two people’s invisible, tense fight, but after eating the course meal and dessert, I had to get up.
“Then shall I wake up first? Will you two talk more?”
“Oh yeah. go first Good work.”
I bowed to the two and left the hotel.
I’m a little sorry.
I wanted to show more obsession with winning than management or domination, and highlight the simple side of me who hates complicated things and likes to make money.
If that was the case, I would have been able to dilute my vigilance even a little bit, but I can’t leave my head thinking that maybe I was lacking a bit.
* * *
“What do you think?”
“what?”
“Do-joon said that. Was he sincere today?”
“Don’t make it complicated. Whether that guy hides his true face or he’s just that guy, nothing changes. Because we have to bring all of Do-jun’s shares in the company.”
Jin Young-ki swallowed alcohol and revealed his true feelings. I know very well that my brother is no different from me anyway.
It’s fun. He deceives everyone, but he has nothing to hide because he is the strongest competitor.
Vibrator began to look his brother right in the eyes as he sipped his drink. And the truth was revealed.
“older brother. Do I really need to have a Sunyang card? They say there is no stake in the group.”
“Isn’t that expression only when you feel sorry for your child?”
“older brother!”
“stop. What would you do if you imitate a brother with good friendship who takes care of each other now and take care of each other?”
“so? You want to put up an auction for a company? You know that when we fight, only Do-jun gets better, right?”
“What if we don’t fight? Are you okay with getting better? If you don’t have the confidence to spend money, give up now.”
“What is the reason? Credit card companies say it’s good to use cash, but for Hyung-nim, the former is enough. Also, there are many companies related to consumer goods, so why are you greedy for cash? Just fuck me?”
“what? fuck you? You child! It’s me who got fucked! I’ve already been fucked by my father. damn it.”
Sharp-!
Jin Young-gi threw the glass on the floor.
“Even before I grew up, my father said it to my ears. Yeong-ki, from now on you will be the captain of Sunyang. I will give you my all, and you must build a more magnificent cruiser.”
Jinyoung took a deep breath and clenched his fists.
“By the way… I lived believing in that word for decades… I am now in my 60th birthday. Not even half of what I got at this age. Do you know what I mean? Whatever you have, whatever your little nephew has, be mine! Now that I have to pay for mine, this situation is fucking right! Do you still think I’m fucking you?”
Jin Young-gi was angry, but Vibrator’s eyes calmed down rather calmly.
It even made me a little uneasy.
What is the eldest son like? Is the eldest son the eldest son who receives the expectations of his parents and feels great pressure, but instead mistakenly thinks that everything from his parents is his?
“I know your thoughts well. Then I will have to change my mind.”
“How do you fix your thoughts?”
“For a very short time, each of us grows and expands the affiliates we are in charge of, filling in each other’s shortcomings and exchanging each other if necessary… You know, something like goodwill competition. I thought about that… but it doesn’t work either. Let’s just fight for shares. Until someone falls asleep and never gets up again.”
Vibrator threw the napkin he had wiped on the table and stood up.
“I will take the cruiser card. Did your older brother learn from your father? ‘Anyone can live with money. What matters is the will to have it. Then you will see that money is not important.’ I’ve heard this word nailed to my ears. And it was true.”
Jin Young-ki stared at the empty chair where the vibrator had left and gritted his teeth.
“A dog-like bastard…. pretending to be proud until the end.”
* * *
Upon entering the main building of the Sunyang Group, Jang Do-hyung, executive director, hurriedly ran to it.
“Please contact me in advance. I didn’t have enough to organize in one day… I don’t know if you’ll like it.”
“All I need is a desk chair computer conference table.”
“Haha, that is more difficult. How picky are people who pursue minimalism?”
“I’m not minimalistic, just what I need.”
As I walked from the entrance of the main building to the dedicated elevator, many people lined up and bowed. Seeing this, I frowned.
“Executive. Please don’t do this in the future. You know what I hate, right?”
“If not, it will be like this today. At least they are the people who should know the face of the manager. Even if you say hello slowly.”
Only the two of us rode the private elevator. Because there is a story to share quietly.
“How did your order go?”
“The four CEOs are already waiting in the chief’s room. And employees are waiting in front of each president’s office. I’ll start right away when the manager comes in.”
“yes. It strikes like lightning.”
“No problem.”
I entered my room prepared on the 24th floor for the first time.
The four CEOs who were sitting on the reception sofa stood up awkwardly, revealing their uncomfortable expressions without hiding them.
Once I looked around the room, I could see who was doing it.
A room full of simple yet luxurious furniture.
It must have been prepared by my aunt.
“Everyone please sit down.”
When I sat down at the table of honor, Jang Do-hyung, executive director, stood next to me.
“President Lee Min-seop.”
“yes.”
“The card company has decided to sell. The boss is dismissed as of today.”
I added it so that there would be no other words when CEO Lee Min-seop’s face was distorted in an instant.
“When I told Jin Young-gi, Vibrator’s vice president, he said he would take over. President Lee Min-seop’s reappointment depends on them.”
The face of the president, who had been distorted, brightened.
Are you stupid?
Wasn’t there no way my uncle would put him in the president’s seat again? How many people are in line next to my uncle? I just cut it with my own hands for my uncle.
“And CEO Yang Woo-chan. President Go In-kyu.”
“yes.”
“You two are also dismissed.”
The two presidents froze as if they had been struck by lightning.
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