The Youngest Son Of A Rich Family - Chapter 50
[050]Families without options 3.
「The bid proposals for the sale of Hando Steel were submitted by Sunyang Group, Daehyun Group, and Miracle Investment. As a result of combining the price and non-price factors submitted by these three companies, the target for acquisition of Hando Steel is…”
People watching the breaking news on TV swallowed their saliva at the same time.
「It has been decided that the Sunyang Group bid for 2.16 trillion won.」
“That’s right!”
“Whew-”
“Thank you. President.”
The people gathered in the Daehyeon Group chairman’s office looked at Chairman Joo Young-il’s expression with a wide smile.
Chairman Joo’s smile did not disappear either.
“It went according to plan, but… Chairman Jin’s small inspiration is always the same. It’s just 2.3 trillion, but I’m omitting that from the end unit again.”
“You pulled it up quite a bit though, didn’t it? If the chairman had not hit and run, he would have eaten the limit steel with 800 billion plus 1 billion dollars.”
There were some regrets, but the goal was achieved anyway.
Now, the warehouse of the Sunyang Group is empty.
“Wasn’t Hando Steel a good deal?”
“That’s right. Sunyang did not lose either. I’m going to jump into the steel business anyway, but if it’s limited steel, I’ll be able to start easily.”
“By the way, what is that Miracle guy? Thanks to that, even we became villains.”
“Thanks to that, it gave the judges a reason to exclude us, so it was easier.”
Chairman Joo still couldn’t erase his questionable expression.
“Are you doing an investigation?”
“yes. On the surface, there’s nothing unusual about it. Investments in IT movies and money are also poured into Japan. It’s extensive… the identity of the investor is covered.”
“We need to quickly figure out who the investor is. It’s okay if it’s a simple private equity fund, but I’m embarrassed that the CEO is a Korean.”
“I will hurry.”
“Then, shall we start this game?”
As soon as Chairman Joo spoke, a thick file was placed in front of the conference attendees.
“In 1991, if someone had not reported the corruption in Suseo, Ajin Motors would have been absorbed by Sunyang Motors.”
“Sunyang wasn’t so lucky either. To think that such a thing would happen then.”
The Daehyeon Group never imagined that someone was Sunyang’s bloodline.
“Chairman Sun Yang-jin planned the strategy well. “The need for restructuring of the domestic automobile industry and the government’s support plan” is this report.”
Chairman Joo Young-il glanced at the report and immediately put it down.
“Although it is at the end of the regime, I will give my last gift to Daehyun. Hando Sammi Jinro Samlip. Four groups went bankrupt. Public opinion would not be bad if they said they would hold large corporations accountable for their lax management.”
What a cruel spring. However, it was also an alarm that signaled a red flag in the Korean economy that no one noticed.
However, the report that followed made Chairman Joo even more happy.
“Ajin is ranked fourth in the financial world. It is the result of excessive expansion of the business. The internal situation is more messed up than it was back in 1991. It gave the government a justification.”
“Even if we don’t put pressure on the bank, Ajin Motor’s main bank is considering collecting the loan.”
“Hehehe.”
Chairman Joo’s short laugh honestly shows his feelings.
“Chairman Jin, that old man… he must be going crazy and jumping. If you just watch me swallow the Ajin Motor you coveted so much without stripping your hair with your own strategy… you might collapse after a vase.”
“Yes. I robbed the money that I collected through installment savings to take over a steel mill… Hehe.”
The Daehyun Group chairman’s office was filled with sneering laughter.
“Start right away tomorrow. Invite newspapermen and broadcasters to drink and give them money. Give a woman too Shake the Ajin Motors on a grand scale and completely knock them out. easy to pick up. hahaha.”
By the time Ajin Motors is pointed at by the people because of the media reports, Chairman Joo Young-il will meet with the Blue House Senior Secretary for Economic Affairs, the Planning and Finance Committee of the National Assembly, and financial institutions that have been dealing with Ajin Motors for a long time one after another.
It is the job of the subordinates to dismantle a live cow by part. The role of the chef in putting the meat on the dinner table will be taken over by the political world.
Chairman Joo Young-il only has to pay for the hefty meal.
* * *
“Chairman. long time no see.”
“Oh, Chairman Hong. I’ve grown old without seeing you. Seeing Chairman Hong gives me comfort. I’m not the only one getting old. haha.”
“What are you talking about? The president is still correcting it. Aren’t I already a cane?”
Chairman Hong of the Hansung Ilbo lightly waved the cane in his hand.
“Let’s sit down. Since the two old ladies are standing, all the young people are getting ready.”
The living room of the hotel suite was quickly renovated into a family meeting place, and the adults of both families started to meet each other.
It is the best place to avoid prying eyes.
It shouldn’t be rumored until the wedding. This is because if the marriage breaks up, both families will only disgrace themselves.
Chairman Jin glanced at Chairman Hong’s granddaughter, who was sitting quietly with her eyes down.
There is one thing I learned from meeting many people over a long period of time. The first impression is not very different from the personality of the person with only a slight error.
In the eyes of Chairman Jin, Hong So-young was a strong woman. An angular chin, thick eyebrows that cannot be hidden even with makeup, and a body that is not nervous at all.
‘It’s worth grabbing hold of the crazy grandson and taming him.’
Sensing that they were staring at her, Hong So-yeong jumped up and bowed.
“Nice to meet you, Mr. President. This is Hong So-young.”
‘It’s worth noticing.’
“Hehe, what’s so hard about it? Granddaughter-in-law should be pampered and cute to grandfather-in-law. Take it easy.”
Chairman Jin’s final approval fell. From now on, the wedding will proceed smoothly.
The expression of Hong So-young’s father, the president of the Hanseong Ilbo, became brighter.
“I don’t know what to say… Thank you for taking such a good look at my lacking girlfriend. President.”
The table was quickly filled with dishes, and the atmosphere was friendly, but no one ate their fill, except for a small taste. Everyone just talked about it.
“Congratulations on the acquisition of Hando Steel.”
“No. Do I have something to celebrate? All of this work was taken care of by the vice president and our Youngjun.”
When Chairman Jin glanced at his son, Jin Young-ki opened his mouth.
“It was the first big job that our Youngjoon took on in the group, and he somehow played a part. I wanted to be happy.”
Jin Young-gi gently lifted his son.
“okay. I heard that you studied business abroad for a while. Now, you are taking on such a big project, and you are steadily training your successor. haha.”
As if arguing, President Hong spared no effort toward his future son-in-law, Jin Yeong-joon.
However, Hong So-young did not miss that moment.
Seeing the eyebrows of old Chairman Jin, the ruler of this place, twitch when the word “success class” came out of her father’s mouth.
At the end of the meal, Chairman Hong glanced at Chairman Jin.
President Jin thought that the grandsons and granddaughters’ meeting ceremony meant that the grandfathers should not be involved. However, Chairman Hong quietly entered the bedroom next to the living room.
The hotel manager, who was paying attention to them, immediately prepared tea and made a colonel.
“President. Strange stories are going around these days.”
“what…?”
“It is exactly the same as six years ago. Articles are piled up around Ajin Motors.”
“If it was six years ago…”
Chairman Jin widened his eyes and put the teacup down as if tossing it.
“Does this mean that someone aiming for Ajin Motor has appeared?”
“I’m not sure, but the situation is very similar to what it was back then.”
“Is the Hansung Ilbo preparing to explode an article?”
“I closed all the desks for now. I think the president should check it out for himself.”
Even though my throat was burning, I couldn’t drink tea because of my trembling fingertips.
“Is anyone out there? Just bring a bottle of bottled water!”
When an employee entered with a crystal cup on a tray, Chairman Jin threw the teacup on the tea table.
“These don’t understand words! Not a glass, but a barrel! Bring a water bottle!”
The sound of conversation in the living room stopped at President Jin’s shout.
Another employee quickly brought a small bottle of mineral water, and I drank it without holding my breath.
“President Hong. Can you delay publishing the article?”
“of course.”
“I didn’t even have a wedding ceremony, but I’m ashamed to ask my in-laws’ house first.”
“You say everything, Chairman. Of course you should.”
“And find out where the source of the article started.”
“Reporters will sweat a little.”
This was not a conversation between in-laws.
It is a conversation between an advertiser and a newspaper owner.
“Please hit a full-page ad for three or four days next week. Change the name of Hando Steel to Sunyang Steel and be born anew… something like this.”
“Don’t worry. I will clean it up.”
“Then believe me and get up first. I think the time has come for me to sweat a little too.”
When Chairman Jin left, the corner of Chairman Hong’s mouth went up.
If you pull Daehyeon Group’s ankles, the in-laws will also take good care of their eldest granddaughter, who will become their daughter-in-law.
* * *
“Uncle. Isn’t there anything going around Yeouido? Ajin car.”
“Are you not going to school? How could you get to work here before me?”
“Don’t you read the newspaper, Uncle? The country is reeling. Do you have time to go to school and look at law books?”
Oh Se-hyun’s expression hardened a little and sat down in front of me.
“why? Are you worried about the Southeast Asian financial crisis? Or do you plan to use this opportunity to scrape Southeast Asian currency, which is no different from toilet paper, with the dollars you have accumulated in the United States?”
“Why are you so stupid as to buy toilet paper with dollars?”
“Hmm, that means the foreign exchange crisis is bothering you.”
Now is the time to give a hint. How will I accept it?
“Southeast Asia is like hell, and in Korea, four large corporations have fallen by April. But we fell into self-congratulations, saying that we are the ‘four dragons of Asia’. Is there anything bad about preparing for a typhoon?”
“Because it costs money to prepare for a typhoon that will never come.”
“no. It’s because a typhoon is coming and I’m distracted elsewhere.”
“A presidential election?”
“yes. I started playing professional basketball to get votes, and I arrested cartoonists to get moms’ votes. Do you think our country is sane right now?”
“You are sure of a typhoon.”
“Your uncle is also cool. now.”
Oh Se-hyun didn’t say anything. He is a person who always keeps an eye on the flow of finance around the world. There is no way you don’t know the precursor of a typhoon.
“There are rumors that Daehyun is targeting Ajin. Ah Jin is running out of cash right now. If a few powerful guys get together and strangle you, you will die.”
I’m so glad
History hasn’t changed.
Six years ago, history did not change because my grandfather stopped him from swallowing Ajin Motors, but now, six years later, we have to change history.
The history of Daehyun Group absorbing Ajin Motors will be changed to the history of Miracle Investment, a foreign investment company acquiring Ajin Motors.
Suddenly the cell phone rang.
– hey! Are you really not going to do group work? No, more than that, you might be delayed due to lack of attendance, man.
“It’s good if you’re in a hurry. A few more years of college life.”
– Say that! good. That’s what you’re delaying. What is the group assignment? do we do it?
“Don’t shout, listen carefully. Do your best when I give you a chance.”
– what? What nonsense are you talking about?
“Seo Min-young is that kid, our George? Do you think you will have a chance if I, who is tall, handsome, well-study, and has a lot of money, attends all the time?”
There was only silence on the phone.
“Shall we go?”
– huh? oh no We’ll take care of it ourselves, so don’t worry about the assignments. But be mindful of attendance. What I’m tinkering with…
I closed my phone listening to the excited voice of my classmate.
—————————————=