The Chaebeol’s Youngest Son Chapter 168

[168]Independence 1

“10%?”

“yes. Vice President. We inherited four major subsidiaries and six affiliated companies. The controlling stake is held by Sunyang Life Insurance.”

Vice Chairman Jin Young-ki took a moment to relax.

I was worried because no one in my blood had ever shown me that much affection, but considering the affection my father had shown me so far, it was surprising.

“This is data that was accurately selected regarding the equity relationship. “Let’s take a look.”

Jinyoung-gi quickly snatched up a few documents that the secretary politely handed him.

Jinyounggi 36%

Vibrator 33%

Miracle 16%

Jin Do-jun 10%

“Are the remaining 5% executives?”

“That’s right. There are 34 people in total, 21 of whom are retired and 13 of whom are currently employed. “The detailed list is at the back.”

Vice Chairman Jinyoung-ki looked through the list and frowned.

“Nigimi… . “They are all my father’s limbs.”

“yes. The only person who can get those stocks back is the Chairman. However, since it was given to them in recognition of their contributions, they probably have no intention of taking it back.”

“Contact these people right now… . no. Let’s watch some more. “If you get upset for no reason, it will end up in your father’s ears.”

“That’s right. “You still have time, so you can move slowly.”

The secretary looked relieved to see Jinyoung-gi not in a hurry. It happened yesterday. If you make a phone call today to the executives holding 5% of the stock, it will immediately reach Chairman Jin’s ears.

Isn’t it obvious that he will get a lot of criticism for being a frivolous guy?

“Monitor your classmates’ movements carefully. “Attach more people, and report to everyone who you meet without missing a single person.”

“yes. “Vice President.”

Jinyoung-ki remembered Jin Do-jun’s face.

There is no need to take away the stocks that the kid owns. All you have to do is make it your faithful dog. Dogs grow up eating their owner’s love.

From now on, I will always show him the image of a kind uncle and slowly make him my person. There is no need to be impatient.

Because there is nothing you can do with a 10% stake.

* * *

“How many times have I told you that what I need is not a visible share structure? “Is this the only Sunyang Group stock?”

Vice Chairman Jin Jin-gi shouted, throwing down the documents presented by the Chief Secretary.

“Try to identify all external organizations or individuals who can influence the group. “Don’t you know that if they band together, every single person with the last name Jin will be kicked out of Sunyang Group?”

“Vice President. that… .”

The Chief of Staff had to accept Vice Chairman Jin Jin-gi’s stubbornness as he became more sensitive.

Aren’t these shareholders who don’t exercise their voting rights anyway? Banks, investment institutions, and public institutions that own enormous shares of Sunyang Group’s major affiliates do not show much interest in the group’s internal management rights.

The reasons why these institutions hold shares of Sunyang Group are not much different from bank deposits. As part of diversified investment, the money is buried in the stocks of large corporations, and the stocks are not secured to take over management rights.

The same goes for individuals.

In particular, individuals who have held stocks for a long time only consider them as part of their property and have never exercised their sovereignty to participate in management.

The only variables now are the shares held by the executives, Miracle, and Jin Do-jun.

“why? “Are you going to whine about something you can’t figure out?”

“Oh, no.”

“Listen carefully. Clearly, there are stocks distributed under borrowed names. “Don’t you know my father yet?”

Vibrator glared at the Chief Secretary as if he were going to kill him, but that gaze was actually directed at his father.

Chairman Jin’s desire for power goes far beyond what ordinary people can dream of. He is not a man who will give up his power until his last breath of life.

He certainly wouldn’t have let go of the last handful that could deliver the blow of conversion. A handful was hidden from institutions and individuals.

“Vice Chairman. Honestly, institutions will move according to the president’s wishes. Not yet. But they sense shifts in power like ghosts. “As the vice president grows stronger, we will naturally support him.”

The vibrator’s heart calmed when he saw the nervous expression of his secretary, who was trying to calm down his excitement while receiving his gaze that was burning like a flame.

“thanks.”

“I’m sorry.”

The Chief of Staff felt the sincerity contained in Vice Chairman Jin Jin-gi’s words.

“But we still have to figure out individual shareholders, right?”

“yes. In particular, we will make sure to identify the list of long-term holders.”

“okay. Oh, by the way, there are probably people with borrowed names. So, people whose whereabouts are difficult to find, so to speak… .”

“We will focus on those with unknown residence, immigrants, and long-term foreign residents.”

“okay. “Be sure to find it.”

“yes. And Vice President. “Shouldn’t we at least have a safety device in place?”

“safety device?”

“yes. My nephews Jin Do-jun and Miracle. In my opinion, the link between these two shareholders is their younger brother, CEO Jin Yoon-gi. He said that if only he had a good relationship with Him… .”

“53%! “I am the owner of Sunyang Group.”

“That’s right. “It is no exaggeration to say that President Jin Yoon-ki controls the direction of the group.”

“You can’t leave the handle of your sword to someone else, right? Try mobilizing all of my companies’ funds to purchase shares scattered across the market. “I need to see how much I can secure.”

“All right.”

When the chief secretary bowed and left, Vibrator picked up the phone receiver.

First of all, you need to understand your younger brother’s feelings.

* * *

Chairman Jin Sang-ki continued to smoke cigarettes.

He is the third son of Chairman Jin Yang-cheol. If he had been given even a few crappy affiliates, he might not have felt this much humiliation.

I’ve never done anything particularly wrong and I’ve never had an accident.

Isn’t that the case just by looking at the children?

His son and daughter are more well-behaved than anyone else in this family. So much so that I don’t drive drunk even once, which is very common.

How can you completely exclude yourself and give your nephew, who is just starting to show off his childishness, four major affiliates!

Strangely enough, this anger was not directed at my nephew and father.

Jin Sang-ki’s anger was directed at his eldest brother, Jin Young-gi.

“f*ck, I’ve been an asshole for too long.”

Because of that, it lost its presence.

There is no need to talk to my father. Because my eldest brother took care of it.

There was no need to go into my father’s study.

My father never found it.

The result is the unprofitable position of chairman of the foundation.

When I first became the chairman of the board, I was always concerned about what might happen.

The foundation’s assets were thoroughly searched. Like a treasure hunt.

Any hopes that my father might have hidden stocks were dashed within a week.

All I had to give to the kids was a small scholarship.

Chairman Jin Sang-ki decided that he should get his rights from his older brother.

* * *

My college days are over.

After finishing the final exam, I drove to keep the promise my father had made.

“I know you want to hang out with your friends just because exams are over. But we’re so busy that we can’t always spend the holidays together. You and me… … . So, let’s have a private time as a family, at least for tonight.”

You probably don’t know that I don’t have any friends to enjoy the end-of-semester party with, so this is how I told you to make time.

The dinner place my father mentioned was a building in Sangam-dong, and the top floor of the building was a rather fancy-looking fusion restaurant.

“Did you do well on the test?”

Sangjun smiled and welcomed me.

“All you have to do is not fail.”

“Good work. “Now all that’s left is graduation.”

My mother patted my back and gave me a seat.

The father, who arrived last, smiled brightly, perhaps because the family was all together for the first time in a long time.

“honey. How about here? “Isn’t the atmosphere nice?”

“Is it good? But why are there no customers? It’s a little early, but… “Is business not going well?”

“Hehe. It’s open on Christmas Eve. “That’s because it’s not officially open for business yet.”

“if… ?”

When my mother tilted her head, my father held her hand tightly and said,

“I prepared this because it seemed like there was no important meeting place for Sangam-dong officials. “In your name.”

“yes?”

“The general manager here is a talented person. Since I scouted you by paying a lot of money, you just have to show me your face once in a while. “Now that the kids are all grown up, shouldn’t they have something to do?”

oh! My father, is he romantic?

“congratulation. mom.”

When Sangjun said hello first, his mother’s puzzled expression brightened.

“Come on, let’s eat first. Taste what can be considered the representative menu items here and then comment on them all. “The chef is someone who studied properly in Italy and France, so it’ll be okay.”

While I was eating, my father did not tell me the news that I had inherited Sunyang’s financial affiliate. It’s definitely because of my mother.

Doesn’t my family desperately want to stay one step away from Sunyang Group?

You will have trouble sleeping at night if you know that I have now become the eye of the typhoon. Since the most serious details were not brought up, the conversation between the family was more gentle and harmonious than usual.

“father. Are you going to use the entire building?”

“huh? how did you know?”

How could you not know? The company names on the signs in the building lobby were all my father’s companies. Moreover, the building’s name is ‘HYUN’.

Isn’t this the wise man of his mother’s name, Lee Seohyeon?

“father. “Anyone who can read will know.”

Sangjun said with a smile.

“is it? haha. Oh Se-hyeon was holding his legs and hanging down. “He rented cheaply.”

“Are you changing to a holding company system?”

“okay. We named it . “I’ll start next year.”

My father looked at my mother affectionately and said,

“How do you feel about seeing a building with your name on it?”

My hands and feet are shaking.

Such childish behavior at the age of over 50… … .

I guess I got more of my mother’s blood. I thought you would be happy like a girl, but you sigh.

“In front of the kids… . “That’s all I do.”

Seeing my mother’s harsh gaze, my father slowly changed the topic.

“I want to gather all production companies, entertainment companies, cable broadcasters, etc. here. As well as companies scattered throughout Gangnam. That way it would be easier to manage.”

I think it was deliberately timed to coincide with my graduation.

When I was thinking about building a house in Sangam-dong to make my father more comfortable, my father said something unexpected as if the idea had crossed my mind.

“Now that Dojun is graduating, how about you two move out of the house starting next year? Seeing my wife having to cook for grown children makes me feel sick. “Stop manipulating me and become independent.”

“Hey, honey!”

My shocked mother tried to dissuade my father, but he still smiled and said.

“are you okay. We can’t stay together forever. When the time comes, it makes sense to leave the parents’ nest. “I’m worried about making a living. It’s their problem. Now, let’s have fun like we did when we were newlyweds.”

It’s a command that makes me so happy that I couldn’t be more pleased.

“I want to downsize my house and move to a suitable apartment, but it’s difficult because of the guests… .”

“I will leave a room empty at the Sunyang Hotel, so please stop by from time to time and enjoy the honeymoon feeling. Consider it my Independence Day gift.”

“Wow, my son is big, isn’t he? I’ll be happy to write it well. haha.”

Sangjun, unable to laugh with his father’s boisterous laughter, kept his head down and continued to eat his food.

“Sangjun. Lift your head. Are you guilty?”

You will feel no different from a sinner.

The younger brother has already become a source of pride for his parents by amassing a huge amount of money, but isn’t he a bastard?

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fantasy, modern,