The Youngest Son Of A Rich Family - Chapter 236
[236] Before the end of winter 2
“Even though they are of the same blood, our Sangjun is very different from his younger brother. That guy is a guy with a dark inside full of greed. haha.”
I said nothing when my grandfather pointed at me and chuckled. Now is the time for two people.
Grandpa laughed and rose from the sofa. Then he opened the drawer next to the bed and took an envelope and slipped it on the table.
“This has been prepared for you.”
I didn’t expect this. Naturally, Sang-jun hyung must have been much more surprised than I was. He was speechless with his eyes wide open.
“Don’t make that face. It’s not just you.”
Grandpa smiled at the two of us.
“I’m thinking of giving each of your cousins something. Even the kids who had already gone took their bags one by one. Do-joon, you don’t have an envelope.”
“No, that’s a bit… at least you have to put in a gift certificate, don’t you?”
The grandfather said to Sang-jun hyung.
“Look, he’s such a greedy guy.”
However, surprised Sang-joon was still staring at the envelope as if he hadn’t heard anything.
“Sangjun-ah.”
“yes? Ah yes.”
“Your office and officetel are in Gangnam, right?”
“yes.”
“Giving a house is not something I just said. That is the contract for the sale of a house in Gangnam. I did it in your name, and even the gift tax was neatly arranged so that my grandson could live in a clean house. He will fill the furniture for the inside of the house.”
Grandpa pouted when he pointed at me.
“Whatever they give you, they fill the house to the fullest…”
“You bastard. say something you don’t know A gift should seem a little lacking. You have to have regrets to continue the relationship to get more.”
“The excuse is very plausible…”
“Noisy bastard. so? You’ve got a house for your older brother, so you’re not going to give him a present? Who has a lot of money?”
It seems that Sang-jun did not even hear the jokes he exchanged with his grandfather.
He bowed his head to his grandfather with bloodshot eyes.
“Thank you. grandfather.”
“no. What are you thankful for…”
I should have avoided the seat at this point.
Even though they are grandparents, the two of them have never shared affection until now, only greeting each other at family gatherings.
Both of them know that now is a time that will never come again.
“Then speak up. I have work, so I’ll go first.”
Sang-jun was taken aback, but the grandfather, who held his hand tightly, nodded.
* * *
“Director Lee. I double check, are you sure there is not a single stock owned by your father?”
“Chief. Is there any possibility that there is a stake that I have not figured out? A stake that my father managed with his own hands.”
Chief Lee Hak-jae was really burdened by the burning eyes of the two vice presidents. What the hell are they worried about?
“It is Sunyang Group’s stock that is spread all over the Myeongdong private loan market. It’s all car names. Unless you figure it all out, it’s not as far as I know. Also, if the chairman manages something privately, I have no way to know, right?”
“Chief. It’s not fact-checking, it’s asking about the possibility.”
“I don’t think so. There is no reason for the chairman to take on various risks and manage it under a borrowed name. Don’t you two know each other well?”
At Lee Hak-jae’s words, the two looked at each other.
They set up a corporation that is no different from private ownership and commits the method of shifting the work of affiliates they manage.
With the money raised like this, I constantly buy stocks. Under a car name, of course.
Trustworthy executives, their families, or close associates are the owners of borrowed names, but they are always anxious. This is because it can be sold out and disappear at any time.
“Well… if that’s the case, I’m glad.”
Vice Chairman Jin Young-ki said with a confused expression.
“Do you know the specifics of your father’s private property that you are giving to Sang-go?”
Lee Hak-jae tried to hold back, but he couldn’t help but frown.
Where the hell will his greed end?
“As I have already said, I do not know the President’s personal property. Because you entrusted it to your personal lawyer. Did you know that there are many private lawyers? Even that was all distributed and managed.”
At least the quick-witted vibrator realized that Chief Lee Hak-jae was uncomfortable and blocked Jin Young-ki’s mouth.
“Haven’t you already said everything? Let’s not keep repeating what we’ve said, let’s just say what we think. Wouldn’t that make Chief Lee comfortable?”
Vibrator held up the teacup in front of him, glanced at Lee Hak-jae, and spoke carefully.
“I will be honest. Wouldn’t it be that our group would be noisy and unexpected things might happen if Dad wasn’t there?”
“Tell me specifically. What is there to be noisy about?”
“The stake. Isn’t pure sheep a tangled web of governance? If even one thin spider web is broken, something unsavory will happen.”
“So?”
Vice-Chairman Jin Young-ki was furious when Lee Hak-jae’s facial expression and tone clearly showed his displeasure.
“thing. man true! What the hell is so disrespectful about? Anything we can’t say now?”
“older brother!”
At the sound of the vibrator, Jin Young-gi groaned and closed his mouth again.
“Chief Lee. I want you to consider our situation as well.”
“Vice President Vibrator. Why don’t you get to the point first? I know it’s a difficult story, seeing the twists and turns, but it’s better to start with the conclusion.”
“great. I want to reorganize the holding company.”
“A holding company?”
“yes. Gather all the scattered stakes and tie them up with a strong rope, not a spider web.”
“Wouldn’t that be easy? If you touch it incorrectly, the fragile web may break. Also, tax problems may arise in the process. It can be seen as close to gambling.”
“So, I’m talking to the manager. There is no one else to direct this work other than Chief Lee.”
Among the people in charge of the two brothers, only those who were known to be smart were gathered and ordered this work, but they raised their hands without properly grasping the governance structure.
The only conclusion was that it was impossible to analyze a picture that was more complex than a semiconductor circuit and denser than a spider’s web, unless the person who made this structure made it possible.
“Is it really necessary? Because of this system, you two are vice presidents. Do I really need to take the risk and change…?”
Lee Hak-jae looked into the intentions of the two people, but wanted to directly hear how far they wanted from their mouths.
“You don’t know? First, we have to lift the Miracle! If Miracle raises Do-Jun’s hand… No, that’s for sure. Those guys are planning to take over our sunyang with Do-jun at the forefront.”
Jinyoung shouted.
“Even if not necessarily, it is not desirable for an investor holding 23% of the stock to stand alone.”
The vibrator also helped.
“That’s true, but… that’s good. Let’s say we create a separate secure holding company. Then, what do you want the holding company’s share structure to look like?”
The two exchanged glances for a moment, then Vice Chairman Jin Young-ki cleared his throat.
“Ugh. 55% who are motivated by me, 5% above, and 10% of executives. The rest is distributed among subsidiaries. For now, I think so.”
It means that the two of them will hold all the power. It is not 55% including the third phase, the pacing phase.
This means that even the third brother does not believe. Even if Jin Sang-ki has a different mind, there is no shaking in the group’s control.
“Instead of increasing the stakes held by executives, we are thinking of changing people. Aren’t they all from your father’s generation? I am thinking of replacing it with a new executive.”
The vibrator even mentions a generational change.
“Apart from Miracle, what about Do-Jun? He also has a 10% stake. Are you thinking of dropping it altogether?”
When Lee Hak-jae pointed out something they were reluctant to discuss, the two vice presidents’ expressions hardened.
“I’m thinking of giving Do-jun a couple of financial affiliates. He fits his aptitude…. If it’s not enough, you can give him stocks from affiliates. Aren’t you a child anyway? Being involved in group management is not an easy task.”
“It’s a laughing stock when other people see it. Does it make sense that among large corporations, the twenty-somethings are threatening the management rights of the group? Do-joon is at an age to take business management lessons, not an age to take responsibility for affiliates.”
It’s better for them to say frankly that they want to own a company. Dojunie has already proven his ability.
Don’t they have nothing to offer other than inheriting Chairman Jin’s blood?
When Lee Hak-jae showed a bad expression, the vibrator spoke urgently.
“I will give you a seat where the manager will not be disappointed. Join us.”
“is it so? Which seat do you think I would be satisfied with?”
It was a dry voice, but at least it shows interest. Vibrator said with a grin.
“I’ll even give you the position of CEO of Soonyang Electronics. Isn’t that the core of the cruiser?”
The two people, knowing full well that money could not catch Lee Hak-jae, offered up their seats.
However, the CEO can be changed overnight. Even if you replace it without making noise, 2 years is enough. Lee Hak-jae is not aware of this either.
They expected that Chief Lee Hak-jae would ask for a job security for about five years, and they even agreed to accept that amount.
“Of course, you plan to do all of this without the President’s knowledge, right?”
“Do I really need to tell you? Wouldn’t it be more comfortable to consider that everything has been done according to your will in the short time left?”
In fact, even if Chairman Jin knew the intentions of his two sons, he couldn’t help it. There is not enough time left to reap the stakes again.
The new holding company is entirely in Lee Hak-jae’s hands.
If he refuses, they will proceed on their own, even if it takes time.
“Looks like something I need to think about. The president is still watching over me. I cannot bear to see his face and disobey his will.”
Doesn’t that sound like waiting for your father to die?
A smile spread across both of their faces.
“of course. Chief Lee understands our will, so this… My heart is much lighter. haha.”
The vibrator jumped up and held Lee Hak-jae’s hand.
“Thank you. Chief. This is all to make the cruiser safer. I will never forget this.”
Lee Hak-jae quietly removed his hand from the vibrator.
“I fully understood what the two of you meant, and I told you my heart, so I will stand up now. then.”
Lee Hak-jae quietly left.
When he was gone, the smiles on the two people’s faces changed in an instant.
“I know that bastard has become something. As for my temper…”
“Stop it. It’s about the level of an escort samurai for Sunyang. He is also my father’s loyalist.”
“Is he serious?”
Jin Young-gi still had an expression of disbelief. The vibrator, on the other hand, had much more room.
“He said he would step down when his father died. That’s probably not what you really want. You’re still in your prime Your heart would be beating fast if you were the leader of Sunyang Electronics? And he needs help. Think of the father’s personal property that the said foundation will receive. you have to take care of that At least hundreds of billions will be enough?”
“I think it will be more. Not just cash, but also real estate. That’s a much better property.”
The two looked at each other and started laughing.
Giving away some non-influencing stakes and a lot of money to keep. I couldn’t stop laughing when I thought of the money.
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