The Youngest Son Of A Rich Family - Chapter 298
[298] Banthing on good terms? 9
“What are you going to name it? Are you going to protect the cruiser? Or are you thinking of merging with HW?”
“Companies acquired by Daehyun Group have decided to merge with HW, but Sunyang has not yet decided. I think this part should be discussed with the first uncle. Of course, Chairman Lee Hak-jae will negotiate.”
“why? Are you bringing up Chairman Lee Hak-jae because you want to hide that you are the owner of Miracle and HW?”
His eyes, knowing exactly who I am, shone. I said with a smile as if I was falling for an illusion.
“I have no reason to hide it and I have no intention of doing so. Since the main body that takes over the construction is the HW Group, Chairman Lee is only stepping out. It doesn’t matter if you tell the first uncle that I am the owner of Miracle.”
“Wouldn’t it be better to hide it? The vigilance I have towards you…”
“My uncle. Say what you want. Any advice would be appreciated.”
He let out a short groan and then spoke with difficulty.
“I want to make sure your cousins are okay.”
In the end, the last thing is to worry about children.
“How can I do it? If my uncle wants a subsidiary, I will think about it.”
“Stop insulting me!”
As the second son of the founder of Sunyang, he was evaluated as the best among his children, and as vice chairman, he took on an axis of the group.
An honorable retirement would be better. It would be a worse disgrace than death as the owner of a corner shop.
“sorry. Thoughts were short. Then would you like to continue working in the group?”
“Is that possible?”
“Taejun hyung has a good reputation, so will there be a problem? By the way, hasn’t Seongjun-hyung ever dabbled in group work?”
“I only worked for a year at the European branch, but I can’t live as a vagabond, can I?”
“All right. We will discuss it and make a seat. However, I will definitely tell the representative of the affiliate. If you do not have the ability to handle the position you are assigned, you can organize it at any time.”
It was a cold word, but he nodded his head.
With only the power of Vice Chairman Vibrator, it is possible to make as many small subsidiaries as possible. It is a means of earning a living when the children are in the final predicament. It is more important to stay attached to the torso right now.
“It’s only natural that my father doesn’t have a belly. That’s enough. Instead…”
“Don’t worry. I promise you an important position.”
I reassured him, who was worried that it would be a place to spend time sitting in a spacious job.
“Do you need anything more?”
The second uncle held out a piece of paper.
“That is my stake. Most of the stakes are worthless since the affiliates have been withdrawn, but there are still some useful ones left.”
I quickly skimmed through the stock list. The ones that are useful are the shares of electronics and mulsan, but not so much.
However, in the last fight, it was also a pleasure to see the stock for a week. Showing this stake to me means making a deal.
I am not a person who wants money. Because it’s not that simple.
“I won’t bury this stake. I won’t hand it over to your uncle either. don’t forget.”
“When I need it the most… Of course, the first uncle is also needed the most.”
“You’re also quick-witted. Then you wonder how much this stake is worth?”
A smile appeared on his face, but so did I.
“Think carefully. It may not be worth it. There is a high probability that the trend will not change with that much stake.”
“Aren’t you investing only with probability? I don’t trust my senses either.”
I understand that you don’t want to miss your last chance. But he seems to have forgotten that he is getting old.
How to change your mind as the years go by. If you don’t change, you will only suffer yourself.
“Please. I wonder if my uncle’s predictions will be accurate.”
We looked at each other and smiled. Some would laugh bitterly.
* * *
“When I see Chairman Lee, I really envy him. A reliable watering can… No, since you’re holding a huge watering can, you’re sweeping it away at times like this. really! Wasn’t that also the case with the IMF? Oh dear, when you were struggling with no money, you paid for it and ate it all. Right?”
Vice Chairman Jin Young-ki made a joke in front of Chairman Lee Hak-jae. In his eyes, Lee Hak-jae is just his father’s eternal follower.
When such a person tried to take one of the three legs supporting the caldron called Sunyang, Jin Yeong-ki felt uncomfortable.
“Would that be possible with just money? You must not have missed the opportunity. Isn’t taking advantage of opportunities the basis of management? haha.”
As he sarcastically criticized Jin Young-ki for missing the opportunity, his eyebrows went up.
However, now is not the time to throw a tantrum while recalling an old movie, so he quickly relaxed his expression.
“Not worth it. I never dreamed that such a chance would come.”
“Let’s forget about the past and finish cleaning up the debris. Shouldn’t we have to blush each other because of the entangled stakes?”
“That is exactly what I think. He’s my brother, so even so, aren’t HW and Chairman Lee completely different? No, not a complete remnant. Still, Chairman Lee was once the owner of our haengnangchae.”
This time, Lee Hak-jae’s eyebrows went up.
The owner of the haengnangchae…!
Isn’t the haengnangchae a room for servants built along the gate and walls?
It’s like comparing yourself to a farmhand.
“That was a really good time… isn’t it the time when Sunyang showed off her splendid figure after meeting a proper owner? Compared to then, now it’s only half the size, so I’m not at ease.”
It means that Jin Young-gi is not a proper owner.
The two of them know very well that they can’t just exchange sharp conversations with each other. As if making a promise, the two lifted a teacup and wiped off the awkward air.
“Since we were one family, there is no way we don’t know each other’s stock details, so how should we organize them?”
Jin Young-gi, who put down the teacup before he knew it, spoke softly.
“You know very well, Vice President, but I don’t know. I heard that the stake structure has changed a lot since I left Sunyang… no, haengnangchae, but I can’t say anything without knowing the details.”
“That’s right, it’s all about opening each other’s shareholder lists, and I’m talking about the exchange rate.”
Lee Hak-jae glared at Vice President Jin Young-ki and smiled.
“You want complete separation. Then, wouldn’t there be one more person who should definitely be here?”
“also? who?”
“This is Jin Do-jun. Sunyang Construction and Heavy Industries held some stocks in Sunyang Financial Group. In order for Sunyang and HW to clearly draw a line, shouldn’t Do-jun also come?”
Since the three are holding each other’s tail, the connection will not be severed unless the three are cut at once.
“That’s right, the relationship between HW and Dojun is a matter for the two of them to figure out. I’m thinking of organizing things with Chairman Lee and separately with Do-jun…?”
“That doesn’t work. If Do-joon and the vice president do not clearly cut the line, there will be no complete separation in the end.”
“So that means Chairman Lee wants a clear separation. Does this mean splitting the cruiser into three?”
Lee Hak-jae did not miss the slightest smile on Jin Young-ki’s lips.
“If you don’t like it, I have no choice but to continue this ambiguous relationship. I have no intention of disposing of the stake unless there is a clear separation.”
“I want this… I have no choice but to face it in three ways. okay Let’s make a seat again.”
“Before that, know one thing. I do not organize by the trading price of the former stock. We will deal with conditions that will benefit our HW. As you said, there is no need for money because there is a reliable landlord.”
Chairman Lee Hak-jae threw a very difficult homework and stood up.
* * *
When the two of them were negotiating the separation of their affiliations, I went around exploring the possibility of uniting as one.
“Chief Jin. The reason why we hold shares of Sunyang Electronics or Sunyang Mulsan is that they are stable and generate steady profits. I am rolling my customers’ money, but I can’t throw away profits and safety.”
“Chief. Customers who have deposited money don’t care about that. You just have to pay the profit. Don’t you know that banks don’t care where they invest?”
“But it is more dangerous to sell it to the market. When that much stock is poured out, the stock price goes down. There will be immediate losses.”
The president of the bank, which holds more than 5% of shares in Electronics and Mulsan, only looked embarrassed.
Since the stock price is high, there are many places where stocks are secured as if they were depositing savings. They are not easily thrown into the market, so less than 20% of the total is traded in the market.
“There is an investor who wants to buy that stock. They will buy it as they throw it, so the stock price will go up.”
“Is that investment company Miracle?”
“One of them is called Miracle…”
The bank manager glared at me for a moment before slowly opening his mouth.
“Chief Jin. I know very well how big a role you play in our financial sector. From now on, I would like to listen to the manager’s request for anything. However, consider Sunyang Electronics as our long-term partner. No, all 4 major banks are partners. It’s like trading like a housewife. We support stock prices, and electronics and commercial products support us with huge fees and interest.”
The bank manager sighed again and continued.
“Isn’t it an open fact that Miracle is targeting cruisers? The manager is also helping out, isn’t it? However, it is difficult to accept that foreign capital occupies the symbol of Korea. sorry.”
It’s plausible to say it, but I’m afraid of the retaliation of betrayal. He thinks that the eldest son, Vice Chairman Jin Young-ki, is Sunyang, so he treats him like his master.
What Chairman Lee Hak-jae said came out of my mouth.
count! really strong
It was called the Sunyang Republic, but it is the Sunyang Kingdom. The principle of eldest son succession is deeply rooted. I feel resentful of my grandfather who swallowed Korea to this extent.
Other places were no different. There were places that offered to sell at a premium, but the stakes in those places were no more than a grain of sand on a scale.
Of course, you have to scrape it off.
I changed my mind. Segregation must be very careful.
* * *
“Vice Chairman Jin Young-ki wants complete independence. He must have been very frightened of you.”
“There is one thing we missed.”
“Did you miss it?”
“yes. There is a point where they get scared and run away, but they burn the bridge so that they can never cross it.”
Chairman Lee Hak-jae opened his eyes wide.
“Is that enough?”
“yes. If we finish the separation of affiliates this time, we must have created a perfect governance structure. It is a fortress that will never be shaken.”
“Somehow…. I heard that they liked the idea of separation so clearly.”
“Let’s put it on and keep going. Only then will there be a gap, and one day that gap will widen even more.”
“Do you make mistakes trying to fill in the gaps?”
“yes. Nervousness can even cloud your judgment.”
Chairman Lee Hak-jae said after thinking hard.
“How are the institutions? Are you stubborn?”
“yes. Exceeds my expectations. There is only one way to get them to line up behind me.”
“Isn’t it when Vice Chairman Jin Young-ki looks weak?”
“That’s right. eventually come together as one. Attack and attack again and plant the awareness that Vice Chairman Jin Young-ki may collapse. Then this fight will end once and for all.”
“Like a thunderbolt, it ends all at once.”
That’s what I’ve heard a lot.
“My grandfather used to say it like a habit. No matter how difficult and difficult it may seem, everything can be sorted out in a single blow.”
When I said it with determination, Chairman Lee Hak-jae patted me on the back and laughed.
“For now, let’s celebrate half success. You worked hard.”
* * *
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