The Youngest Son Of A Rich Family - Chapter 316
[316] The number of exchanges. 2
As Hong So-yeong opened the morning newspaper, her hands trembled slightly.
It’s already the third day.
Miracle’s Rachel, who mentioned Sunyang Electronics, went back to the United States without taking any action, but the Hansung Ilbo is publishing a special article for the third day.
At first glance, it is an extremely ordinary content that the owner of a stock company is not the owner’s family, but a shareholder, but the meaning hidden between the lines is aimed at a specific person. It is her mother-in-law’s house.
The father-in-law and husband didn’t say anything yet, but the eyes looking at them at the table were clearly asking for responsibility.
Hong So-young joined the general public on their way to work instead of having breakfast.
Chairman Hong, who goes to work earlier than anyone else, was worried when he saw his daughter kicking through the door of the chairman’s office in the morning, and he felt a little bit sick, thinking that he might have been harshly reprimanded by his in-laws.
“What are you doing early in the morning?”
Chairman Hong said, pretending not to know.
Unlike when he kicked in the door, Hong So-young’s voice was calm.
“Your father should tell you what is going on. Why are you doing this?”
She was a quick-witted daughter, so there was no need to pretend or speak in turns.
“It is company policy.”
“So what is the policy?”
“I decided to follow an advertiser bigger than your in-laws. It’s for the sake of the company, so it’s not something for you to discuss.”
“Did your father abandon his son-in-law and choose the youngest son?”
“It’s not a blue kid, it’s the biggest advertiser. It’s a reasonable choice no matter who sees it.”
Hong So-yeong’s suppressed anger exploded at her father’s words that it was valid.
“When making that reasonable choice, it seems that the parents’ feelings for their daughter were not in their mind, right? How could you do this!”
“I don’t expect it, but I ask just in case. What did you say at your in-laws’ house? Did you ask me to check it out?”
“dad!”
When Hong So-young was young, she was so excited that she had a habit of talking.
“You really didn’t even think about me, did you? Didn’t you think of your grandson?”
“Calm down and be done with that. This is a thing. It’s right that you should worry about your parents, the Hanseong Ilbo, first rather than your in-laws.”
The couple just stared at each other for a while.
The first person to open it was her daughter. She regained her composure and returned to her true, realistic self.
“If you keep going out like this, I can’t live in that house. Have you thought about that?”
“I had even worse thoughts.”
“yes?”
“If your in-laws lose even the remaining electrons and products, will you continue to be the eldest daughter-in-law? Should I continue…? That’s what I thought.”
Chairman Hong did not miss his daughter’s shaking eyes.
“You married me after seeing your face once. Even though you lived close to each other for more than ten years and had two children, this father has never seen the two of you exchanging warm glances. Am I wrong?”
What she wanted and still wants is a position as a hostess of Sunyang Group. Jin Yeong-joon came in every night smelling like a woman, but that didn’t make him angry.
There were times when I couldn’t stand the outburst. When her aunt blew up the department store and HW Group took over the construction and heavy industries, she couldn’t stand it and blamed her father-in-law’s incompetence on her husband.
“The scales have already tipped. Jin Do-jun is such a great guy that the late Chairman Jin dropped it. The in-laws will withdraw their hands from the group like the vibrator vice president. Neither does your husband.”
Speaking softly, Chairman Hong looked at his daughter. Seeing that she didn’t scream and scream, she must have felt the crisis too.
“If I hold on to the mast of the wrecked ship as if I were loyal, you will only see your in-laws and parents sinking together. Is that what you want?”
Hong So-young, who was sitting with a sigh, looked straight at Chairman Hong and said,
“What if your father is wrong?”
“what?”
“What would you do if you protect electronics and products from being stolen and regain your former momentum by increasing the number of subsidiaries based on the two companies like Daehyun Motor Group?”
“My judgment was not wrong.”
Hong So-young stood up while taking her bag.
“I hope my father made the right decision. Otherwise, the father ruined his daughter’s life. But father…”
Chairman Hong’s heart skipped a beat at his daughter’s hardened expression.
“My father-in-law, a shipwreck captain, and my husband, a chief engineer, are strangely calm and peaceful. Why is this? Find out.”
Chairman Hong, who looked with pity at the back of his daughter who turned around and walked out, felt the last words she left in his heart.
Isn’t it normal that in-laws should never be at peace?
***
“How the hell did you boil the Hanseong Ilbo? Wasn’t there an eternal enemy there?”
Chairman Lee Hak-jae tossed out a newspaper and said.
“Where is the eternal enemy in the world? If you have something to exchange, you pretend to be best friends.”
“What did you give me?”
“Is there anything else besides advertisements that you would give to the media? True HW Group Advertisement Now you can share it in moderation.”
“What did you get?”
“It’s obvious. Now we will sing Yongbieocheonga. The main character will be me. Hehe.”
“A whirlwind will sweep through that house as well.”
“You know what? It was just a couple. uh? Come to think of it, would Youngjun like you? Now, when I become a dolsinger, I will run around trying to have all the women in the world…”
“Is Youngjun still like that?”
Chairman Lee frowned as if he was pathetic.
“These days, they say that they are crazy about girl groups. Sang-jun hyung says that he is the best uncle fan in Korea, and the agencies treat him extremely well.”
“Could it be that Youngjun, the kids who show their faces as advertising models these days, passed through their hands?”
“no. I don’t do it that blatantly these days. Since I was exhausted from running the event, I threw tens of millions of won to the CEO of the agency to pay for medicine, and threw hundreds of millions to pay for a single sound source or filming a music video.”
“To the boss? Aren’t you a girl?”
“yes. The president of an entertainment company is happy to die because he is paid cash without paying a penny in taxes. That’s why the agency that raises rookies lines up to show their faces to Young-Jun hyung. Of course, I give pocket money to the girl group members and buy them cars.”
Chairman Lee started glancing at me.
“Are you sure you’re collecting data like that?”
“I have a couple of very crucial reaps in hand. My sister-in-law will like it if the Hanseong Ilbo bursts in when needed. What could be a better reason for a divorce than this?”
“To use my older brother for such a background investigation. You’re really mean, too.”
“Because I was in the industry, I knew it automatically, so I didn’t do any research.”
only half true
Usually, we only hear rumors, but Sang-jun hyung always confirmed the truth in cases of fatal rumors. I didn’t ask for it, but I did it because I thought it would help me.
In my family, it is Sangjun hyung and I who help each other and live together.
“I have more to discuss than that.”
“say.”
“About seven of them are closed due to this savings bank crisis.”
Savings Bank is another name for mutual credit unions that were created in 1972.
It was created to ‘promote financial convenience for the common people and SMEs’ instead of commercial banks centered on large corporations, but there is no way that money will move for the common people and SMEs.
Since the mid-2000s, real estate project financing (PF) loans have emerged as ‘the goose that lays the golden egg’, and savings banks have reached their peak.
At the end of 2010, PF loans amounted to 17.4 trillion won, and all the money was concentrated in Busan.
However, PF loans, which had been on the rise, collapsed helplessly when the real estate market shrank. Savings banks, which were plagued by all sorts of insolvency and dishonest corruption, faced the worst situation due to the government’s belated measures.
The most rotten part was that the big money depositors who had deposited a large amount the day before the business suspension withdrew all the deposited money and quietly disappeared, and only ordinary people who deposited money like Altoran to get more interest lost all of that money.
“It has nothing to do with us. Did Sunyang Financial have a foot there?”
“no. Would you like me to touch you for a penny? Rather than that, Sunyang Life Insurance and Securities said how about acquiring a suitable one when the savings bank insolvency is finished.”
Chairman Lee thought for a moment.
“Savings banks are good for urgent use, so I think they will be needed in the automobile and heavy construction industries. If the president deems it necessary, I will proceed.”
“Are you not going to spend your money anymore? Miracle is our HW Group’s savings bank. Hehe.”
“I’m saying this because it’s not a bad idea to pack at least one more when you have a chance. If you don’t have to…”
“Let’s go. Because we can’t just trust the pockets of major shareholders forever.”
“yes. Then, half of the acquisition funds will be paid by the HW Group.”
“what?”
Chairman Lee widened his eyes.
“Why is the person who most often borrows money from the bank doing that? Make some investments.”
“Hey, you’ve become a chaebol now too. You’re not going to spend your own money and be called out with the company’s money, right? haha.”
As we were exchanging jokes and bursting into laughter, the phone suddenly rang
. Where are you now?
It was a call from Miracle in Yeouido.
“why? What’s going on?”
一 An extraordinary shareholders’ meeting is held. Yeouido was blown upside down.
“Calm down and tell me in detail. Where are you talking about?”
一 This is Sunyang Mulsan.
“what? Sunyang Products?”
I was so surprised that I jumped up from my seat. Chairman Lee blinked as if he was surprised at the word “Sunyang Mulsan.
” Yes. The agenda is clearly a merger.
“A merger? Where is Sunyang Mulsan
merged with
?
It was like being struck by lightning.
Youngjun Jin owns most of the shares in the company.
I hung up the phone and told the chairman.
“We are merging Sunyang Mulsan and Sunyang Ad Media. An extraordinary general meeting will be held soon.”
“what? Ad media? Does that make sense?”
There is only one way to make sense.
It is sufficient to merge at a ratio of one share of Sunyang Mulsan and 1,000 shares of Sunyang Admedia.
Normally, it is standard practice for Sunyang Mulsan to purchase and acquire more than 51% of Sunyang Admedia without using such complicated methods. I called again.
“Please quickly find out the share structure of Sunyang Admedia and let me know.
Chairman Lee did not stand still.
“Oh, I am… What’s going on? Rumors? I mean, the product is merging with a small company. what? I don’t know? hey! There’s no way you wouldn’t know that! Are you going to stop seeing my face now?”
He yelled into the receiver a few times and hung up powerlessly.
“It is true. He is an executive in the planning department of Sunyang Corporation… He himself received an official notice about preparing for the general meeting of stockholders a while ago.
“Looking at the shareholders’ meeting being held with this case…”
“It’s a joke with the merger ratio.”
“Could it be a 1:1 ratio…?”
“Should I do that? If that happens, stock prices will plummet, but shareholders won’t sit still. Even if you set it high, it’s 1:10.”
It’s just words of comfort.
This is a way to ensure the dominance of Sunyang Mulsan, so it must be merged at a 1:1 ratio.
The phone rang again.
一 78% owned by Jin Young-jun, 10% owned by Vice Chairman Jin Young-ki. The rest are executives of Sunyang Ad Media.
As expected, this is 100% Jin Young-joon’s company.
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