The Youngest Son Of A Rich Family - Chapter 51
[051]When revealing a secret 1.
“Who is Seo Min-young?”
“I am a student in the same department.”
“Is that all?”
The uncle who tapped me on the shoulder with a smirk was a man thirsty for romance.
“If you are a freshman in college, focus on making a girlfriend. did you just say He’s handsome, he has a lot of money, his hair is good, what’s lacking? A woman will line up.”
“What do you do when you stand in line? I don’t have time to meet you.”
“There is nothing wrong with life. love woman is everything money? That’s a perfect sign for meeting a woman without love.”
They don’t listen to me and just say what they want to say.
“Isn’t that the kind of advice that an uncle who has succeeded in making money would give?”
My uncle widened his eyes and put on a look of surprise.
“Do you not know yet?”
“yes? What are you talking about?”
“My job is to gamble legally based on accurate data, not to make money. Well… I lost a lot of fun because of you. Gambling with a 100% win rate is not interesting.”
“Then try talking with a gambler’s intuition. Will the Daehyun Group eat Ajin Motors, which is their stake?”
He changed the topic a little bit. It’s the right timing to avoid inquiring about Seo Min-young.
“maybe.”
“Why?”
“Three beats fall just right. Lots of chips, lots of luck, and good hands.”
I know you have a lot of chips. Because we have accumulated more than 2 trillion won. But what about luck and loss?
“Luck is the momentum of the gambling board. The moment when you keep losing and seeming to win is approaching. You’re lucky when Seung-woon comes when the stakes are high. There is a big stake called Ajin.”
“Why is the card good?”
“It’s not new that Ajin Motors went bankrupt because of a series of bankruptcies by large companies. And a bankrupt company wants someone to take over quickly and lessen the impact. Lastly, it was Daehyun who failed to take over Hando Steel. Even if the government gave one, it wouldn’t sound like a preferential treatment.”
“Your uncle is convinced that Ajin Motors will go bankrupt.”
“Daehyun Group designed it, right? Banknotes like Daehyeon more than Ahjin. Also, would the political figures who got on the last train of this administration strangle Ajin Motor Company just because of the rice cakes that Daehyun was handing out? wait and see.”
What a person. At this time, how many people can be sure of the bankruptcy of Ajin Motors?
The absurd fact was that banks also played a role.
If Ajin Motor goes bankrupt, it will be a big blow to the bank, but the reason why it can take the lead is because it has a corner to believe in.
It’s just an injection of public money.
공적 자금 어떤 개새끼가 만든 단어인지 모르겠지만 정확히 말하면 혈세 투입이다.
They extort people’s money little by little to save insolvent companies, but the people are not the owners of the surviving companies. become the property of a particular person.
That particular person could be me. Isn’t the one who eats first the owner? A young college student who is burning with a sense of justice refuses to play.
“Uncle, then shall we eat Ajin Motor?”
“huh? what?”
You seem to think you’ve heard it wrong.
“We also fall in perfect harmony with each other. The chips piled up in the U.S. are overflowing and you know that I am blessed with heavenly luck. How is it?”
Oh Se-hyun’s expression tells me that he doesn’t see me as normal.
How can a college freshman who says he wants to take a job at a company that once ranked second in the automobile industry and is now ranked eighth in the business world can’t be seen as normal?
* * *
“Isn’t this plagiarism? Where can I file a complaint for copyright infringement?”
Chairman Jin said it as a joke, but no one laughed.
A strategy named Report, which was made six years ago with great effort and money. Now, Chairman Joo of Daehyun Group is using the same strategy.
“Shall I interrupt you?”
I didn’t mean to argue that the president was joking. Cho Dae-ho, president of Sunyang Motors, had a hard expression on his face.
“Before that, you need to know Chairman Joo’s intentions. what? Restructuring the auto industry? Or is it bankruptcy?”
“Chairman Joo does not want industry restructuring. They want Ajin’s bankruptcy.”
“Why do you think so?”
“For government-led restructuring, the toxic clause of monopoly is a hindrance. But if it’s a bankruptcy…….”
Chief Lee Hak-jae carefully continued, looking at Chairman Jin’s eyes.
“If the scale of Ajin goes bankrupt, we have to deal with it quickly. I should have rushed to select a takeover bidder…”
“That’s right! We could have jumped in, so we put our spoons away beforehand. It must have been prepared since I was eager to take over Hando Steel.”
Even if the creditors select the acquisition target, they should just watch and wash their hands. Sunyang Group has no money.
Chairman Jin could not erase the feeling of defeat.
Obviously, he desperately wanted Hando Steel and got it. However, when I thought that even this was part of the picture drawn by Chairman Joo of Daehyeon, my whole body trembled.
The only good thing is that he won the takeover of Hando Steel and didn’t make any threatening phone calls.
However, Chairman Jin, an excellent merchant, was not only soaked in these feelings.
“Okay, let’s do one more thing. If Daehyeon takes over Ajin, what about us? What will become of us?”
“Market share will drop rapidly.”
CEO Dae-ho Cho said gloomily.
The competitiveness of automobiles is, no matter what anyone says, production. If the two companies become one, share the same parts, and organize overlapping production lines, it will be difficult to keep up with competition in terms of cost.
“Jo Dae-ho.”
“yes. President.”
“You have a great reason to interfere.”
Even if he said it as if it were someone else’s business, Chairman Jin’s intentions were revealed.
“Let’s all listen to President Cho’s idea. President Joe.”
“yes.”
“Make plans by this time tomorrow.”
When word came that the meeting was over, everyone hurried out of the study. It’s not just CEO Dae-ho Cho’s homework. It’s everyone’s homework.
Lee Hak-jae, a man with only two people, hurriedly opened his mouth.
“President. Stock…”
“I know.”
7% stocks of Ajin Motors acquired under borrowed names.
If it goes bankrupt, even if Daehyeon takes over, it is inevitable to lose money.
“That is the most intolerable. You can’t lose money because of Joo Young-il.”
“Shall we dispose of it quickly?”
“disposal? You mean you don’t want to fight?”
“Buddhism will be unavoidable.”
“why?”
Chairman Jin bit his lip and did not hide his anger, but Chief Lee Hak-jae’s expression remained unchanged.
“Because it was our plan. Even if the Suseo corruption case hadn’t happened six years ago, we would have absorbed Ajin Motors. It was such a perfect plan.”
I have nothing to refute.
“As long as something big like that doesn’t happen right now, things will go as planned.”
There was only silence for a while.
“Should I shake it with it? You can’t just stay like this and say I’m dead.”
“You mean stocks?”
“okay.”
Shareholders who own 3% or more have the right to request the dismissal of executives, the right to request the convocation of an extraordinary general meeting of shareholders, and the right to appoint an inspector. It has the power to break into a company and overturn a desk.
“But they are scattered all over the place. To bring it all together, you need someone to stand out.”
“There is a suitable guy. Oh Se-hyun.”
“ah…!”
Lee Hak-jae once again admired Chairman Jin’s quickness. Although he was already well over seventy, his brain hadn’t rusted in the slightest.
“Meet me. Throw Ajin’s stock and make him our agent. And we also have slush funds entrusted to us. A chance to get it back.”
100 billion won of slush funds dormant in Miracle is exchanged for 7% of stock in Ajin Motors.
Chairman Jin’s quickness to not miss the opportunity to get the best of both worlds made Lee Hak-jae ashamed.
* * *
“Seven percent?”
“That’s right. We have it in borrowed names.”
“You mean to buy it for 100 billion won?”
Lee Hak-jae’s brow furrowed.
“I don’t mean buy it, I mean change it. We give stocks of Ajin Motors as a way to bring back the 100 billion won money we entrusted.”
“That’s a bit difficult.”
“what?”
Because of Oh Se-hyun’s head shaking slightly, a loud voice eventually exploded.
“hey! What does that mean? Are you in trouble? Are you mistaking it for your money because it’s a borrowed name? Or do you think it’s money that doesn’t belong?”
“you’re welcome. It is money without a name tag, but the money of the Sunyang Group remains the same. Could it be that you saw me as a bully to that extent?”
“now.”
When he made himself a bully without changing his expression, Oh Se-hyun burst into laughter.
“I’m so sorry haha.”
“I don’t mean to joke, so tell me quickly. Why not?”
“Miracle Investment has both shareholders and investors. Rumors that Ajin Motors is going bankrupt are spreading all over the world. By the way, do you buy stock in that company?”
Oh Se-hyun shook his head.
“Buying a huge amount of stock in a company that is going bankrupt? This is tantamount to an act of breach of trust. If a shareholder or investor sue, I will go to jail.”
“what?”
“And Chief Lee.”
Oh Se-hyun began to stare at Lee Hak-jae, who was getting angry.
“I am not a Sunyang employee. Even on paper, there is no relationship between Miracle and Sunyang. I’m just providing convenience for Do-jun.”
His eyes grew even fiercer.
“But what? Exercising the majority shareholder’s rights to investigate Ajin Motors and shake the situation? Is it a habit to try to eat anything raw? Is it a habit?”
Oh Se-hyun jumped up from his seat.
“Please find a more plausible way to buy stocks of Ajin Motors. I’ll say it again… I have no intention of swallowing that money for 100 billion days. And… don’t tell people to come or go because of this again. If this happens one more time, regardless of what Yoongi or Dojunie says, I will cut off my relationship with Sunyang.”
Oh Se-hyun’s expression turned around and hardened beyond words.
It’s not because I’m angry. The takeover of Ajin Motors that Do-junyi said might seem like a way to see it.
If this happens, it will be the largest gambling table I have ever sat on. Just thinking about it makes my heart thump and my fingertips tingle.
* * *
“Is it Daehyun this time?”
“Has confirmed. It is said that we have contacted the presidents of our trading banks one after another. That is why the pressure to collect loans has increased.”
“Oh…”
President Song Hyeon-chang gritted his teeth.
The cumulative deficit of all 28 affiliates is only 380 billion won. In particular, Ajin Motors, the company’s flagship, recorded a surplus last year as well.
Even if it is not such a figure, it is different from proving how good the company is just by looking at the Sunyang Group or Daehyeon Group aiming for Ajin Motor.
In order not to lose the company to the wolves, it was meaningless to meet with the bank presidents while listing the numbers in the financial statement because it was corporate soundness.
Now is the time to negotiate with politicians.
“Are you running for primary in the ruling party?”
“yes.”
“Are you sure? Lee Hoi-chang, that nobleman?”
“As long as there is no change, it is confirmed.”
“Give that man a line.”
All of the staff responded in unison to Chairman Song’s words.
“This is a person who is reputed to be on the other side. Even the current bankruptcy of large corporations is a problem that each company is responsible for, and they withdraw their footing… Any help?”
“That’s what I’m saying because I still mistake myself for a judge. During this contest, he would have erased all traces of his court uniform and became a politician. And I don’t think there are clean politicians yet.”
clean politician. Chairman Song Hyeon-chang thinks that this word is an inappropriate combination of words, fragrant trash.
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