[215]Devastated Room 3
“The Sunyang Card incident, which had put the business world on edge, has been smoothly resolved. The Ministry of Finance and Economy announced that officials from the government, the financial sector, and Sunyang Card reached a dramatic agreement after a marathon meeting that lasted a full day.
As a result, all Sunyang Card services, which had been suspended for over two months, began at midnight today.”
“Oh, this can’t be happening. “What is that again?”
Vice Chairman Jin Young-ki widened his eyes as if he could not believe it when news broke about the normalization of Sunyang Card.
He pressed the intercom as soon as the breaking news ended.
“Tell Chief Baek to come in quickly!”
Vice Chairman Jin Young-ki, who was pacing around the vice-chairman’s office without being able to sit down, shouted at Director Baek, who came running in a huff.
“You bastard! “What happened to that?”
When his finger pointed at the TV, Director Baek hurriedly responded.
“We are looking into it now.”
match-!
Director Baek, who was hit in the face with the palm of Vice Chairman Jin Young-ki, who swung with all his might, ended up stumbling around without being able to keep his balance.
“Guess what now? “This has already happened. What have you done so far?”
“S-sorry. “Vice President.”
“Why don’t you jump out quickly? “Quickly check with the Blue House or the Ministry of Finance and Economy!”
Jin Young-ki, who was glaring at Director Baek, who bowed his head and was leaving, remembered that there was someone nearby who could explain all of this.
He quickly ran to his brother.
This sign on the door has rarely been as unpleasant to look at as it is today.
“It’s motivation!”
When I opened the door and went in, the vibrator with a frown on his face said something as if he was shocked.
“Why don’t you knock?”
“hey! “What on earth happened?”
“what?”
“Cruise card! What on earth have you done? “How did you stop it?”
“How does that sound a little strange? Did you wait for business to be suspended and go bankrupt? If it’s normalized, congratulations, good job, you worked hard… . Well, shouldn’t I say this first?”
The older brother ignored the younger brother’s glare and continued to make loud noises.
“Stop talking nonsense and speak quickly!”
“We unclogged liquid funds, cleared all debts, and returned services to normal.”
“how? “Have you sold all your shares?”
Jinyoung-gi swallowed his saliva and asked carefully. If the group’s controlling stake were to go out, another opportunity would arise.
There is no one who would dare to buy Sunyang Group with Sunyang’s shares. The most expensive share in Korea is the controlling stake in Sunyang. If you pay the price as much as it is expensive, you can secure it for yourself much more easily than if your younger brother held it.
“no. A rich guy took over Sunyang Card. “It’s out of my hands now.”
Vibrator chuckled at his older brother who was disappointed when he said that he had not sold his shares.
“The stock price fell below 1,000 won. They secured all of the volume pouring into the market and collected all shares from institutional investors. “We own a whopping 42% of the shares, so it’s like taking over.”
Jinyoung-gi bit his lip. Regret came flooding back.
I snorted when my younger brother told me to save my cruise card by buying plummeting stocks. A company that will fail if left alone, why are you spending money to save it? Only if it goes bankrupt can it secure more controlling shares in the group… .
However, he should have purchased and acquired stocks that had become pieces of tissue paper. And he should have caused the company to fail himself.
The surest way to make a company prosper or ruin it is to do it yourself.
Vice Chairman Jinyoung-ki Jinyoung felt resentful at himself for not having thought of this at that moment.
“Did you hand over all of your cruise card shares?”
“no. Heavy Industries and Construction’s shares in Sunyang Card remain the same. Now the stock price will rise, so why sell? When it recovers to the previous level, I should sell it then. “Shouldn’t I have to make up for it to some extent?”
“who is this? “What kind of guy did you sell it to?”
“Let’s speak clearly. I said I didn’t sell it, right? “He just secured the stake.”
“Knock it over or hit it! So who is that guy?”
Suddenly, a low voice was heard from behind me.
“Are you looking for me?
When Jinyoung-gi turned his back, he saw Oh Se-hyun smiling heartily.
“Oh, are you here?”
The vibrator jumped up from its chair and greeted him.
“yes. this… “I unintentionally overheard the entire conversation the two of you were having.”
“You shouted loudly without even closing the door, so unless you intentionally avoid it, everyone has no choice but to hear it. it’s okay. “It’s our fault.”
Vibrator glared at Jinyoung-gi, who was still shocked and couldn’t close his mouth.
“Seo, is it really you?”
“yes. “I am Oh Se-hyeon, the representative of Sunyang Card’s largest shareholder.”
As Oh Se-hyeon lightly bowed his head, Jinyoung-gi was even more speechless.
The fact that the new owner of the Sunyang Card is Oh Se-hyun is a much more serious problem than the fact that the Sunyang Card has become normal.
Oh Se-hyeon has nothing to regret and is not afraid of Sunyang’s power. Crucially, he is the one who eats away at Sunyang’s things.
“I have some business to do with CEO Oh, so if you have more to talk about, let’s do it later.”
As Jinyoung-gi stared blankly at the backs of the two people leaving the room, Oh Se-hyeon suddenly turned around.
“By the way, Vice President Jinyoung-gi. “I have something to tell you about debt repayment. Can I come see you after the meeting with Sunyang Card executives?”
“what? Repayment?”
“yes. It’s supposed to be repaid in three installments, right? “I want to get it all sorted out at once.”
Jinyoung-gi felt like he had been hit on the head with a hammer. He sensed that the shares he had purchased using bond collateral, the shares he had purchased with twice the amount of money, were being sold out.
“Okay, let’s talk about that separately later and meet the executives first. Those noblemen must be trembling right now, fearing that their names will be included in the list of killers. “Whether you live or die, I need to let you know the result quickly so you can sleep with your feet up tonight, right?”
Vice Chairman Jin Jin-gi smiled heartily and placed his hand on Oh Se-hyun’s shoulder. It was like a group of friends rubbing shoulders with each other.
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“You have a cruiser card?”
“yes. Stocks that fell below par were swept away. It wasn’t that difficult. “As you know, isn’t Yeouido my home ground?”
Oh Se-hyun, who visited Vice Chairman Jin Young-gi’s office, had to hold back laughter when she saw his frowning face.
He must have thought that this was a golden opportunity to win Sunyang, but since that opportunity was missed, he seems to be holding back a lot just by showing his rising anger with a frown.
“Why on earth?”
“yes?”
“Why did you target an insolvent credit card company? Do you think it will be easy to normalize that? There are 3 million credit delinquents. “It’s impossible to recover!”
“Is that so? “Excluding the 3 million, the rest of the numbers seem bigger, right?”
“Are you thinking of selling refrigerators to the North Pole? “You’re not an amateur who follows plausible advice made up by consulting instructors, are you?”
As for the current situation, Jinyoung-gi is correct. The future of the credit card business is as bleak as a sky full of dark clouds.
However, I had no intention of contradicting or contradicting everything he said. This is just a place for notification, not conversation.
“Vice Chairman. Let’s take care of our own management. It’s not polite to ask someone to leave their ship because they’re in someone else’s company. There is only one topic between me, Mr. Vice President. Bonds and Debts.”
Vice Chairman Jin Young-ki felt like he had to deal with that spoiled bastard at some point to relieve his anger. How dare you open your eyes!
“I will do whatever the vice president wants. “Whether you repay the bond at maturity or settle it all at once.”
“You have a lot of money.”
“yes. It rots. “Is this a satisfactory answer?”
When Oh Se-hyeon scoffed at him indignantly, Jinyoung-gi was dumbfounded and was at a loss for words.
Rather than being afraid of himself, the symbol of Sunyang, that expression seems to look down on him, no… . The light of contempt was stronger.
Jinyoung-gi suppressed the urge to explode. Because it reminded me of his former younger brother, Vibrator, and his friendly appearance.
What if it was you who put your hand on that guy’s shoulder, not your younger brother?
I thought this was an opportunity worth trying again.
You can kick out your younger brother, Vibrator, and put that guy in his place. It’s a car that changes one person, but the results are enormous.
Not only within the Sunyang Group but also the entire nation will think about it. It is said that Chairman Jin’s eldest son, Jin Young-ki, inherited the group. At that moment, the only chairman of Sunyang Group is himself.
No matter how many shares Oh Se-hyun owns, there is no way for him to escape from being treated as just a professional manager. Because his name does not start with Jin.
After catching his breath, Jinyoung-gi let out a grumble.
“shit! “I guess only Dojun will sing.”
I earned a whopping 800 billion won in just two months. Oh Se-hyun also knows it well.
“I heard the circumstances. “You paid twice as much for it?”
“It’s the same for me when money rots. While we’re at it, let me make a suggestion. I have collateral, that is, equity. That’s me again… .”
“no. I have no intention of selling it. “Please don’t bring that up.”
I once again saw his rude behavior of cutting off a sentence before he could finish it, but Jinyoung-ki brushed it off as if it was no big deal.
When you change your thoughts, your actions also change.
“Then, instead of the shares, how about buying you, CEO Oh?”
“what do you mean?”
“Talking back doesn’t suit my nature.”
Jinyoung-gi took a long breath and continued speaking.
“Miracle’s stake is a whopping 16%. if… No, not if. “It is clear that my brother’s classmate’s 7% stake is also in CEO Oh’s hands, so now it is 23%.”
“As you know, my philosophy is to clearly separate ownership and management. I won’t say a single word about Sunyang Group’s management, so don’t worry too much. Instead, you can pay dividends or a lump sum at the end of the year.”
“No, I didn’t mean that. “CEO Oh’s stake is not the stake of an ordinary affiliate, but rather the stake that can control the Sunyang Group.”
“All shares in a stock company can control the company. “I don’t think there’s a big difference.”
The guy who doesn’t know what he means is sly. Jinyoung-gi composed his mind again.
“There is a big difference. I give you 25% of Sunyang Group. “You make your choice considering sales, profits, size, brand, etc.”
“25%?”
“okay. You’re talking about affiliates. “Let’s leave the affiliate you want in your hands.”
“I am the CEO of an investment company. “I don’t want to be a formal, pure-hearted professional manager.”
“It’s not for showing to anyone. He literally leaves everything to me. Just like my brother is doing now. I will be entrusted with everything, not only the personnel rights of the affiliates, but also management methods, business direction, etc. “How is it?”
Oh Se-hyeon knew what Jinyoung-ki’s intentions were, but he thought it was natural to react in surprise at times like this.
“Are you serious?”
“I’m not free enough to joke about the company.”
“You might regret it.”
Although Oh Se-hyun’s answer was ambiguous, there was a hint of possibility that it would be accepted.
“You say you’ll give as much as you have, but what about regret?” .”
“Have you forgotten that I am an M&A expert? They may break off 25% of Sunyang’s affiliates and sell them off. “There is no need to bother with management.”
It was a harsh word, but I didn’t show it. Even if you really sell all of your affiliates, you can just grow them again. However, the opportunity to occupy the position of president does not come often.
Jinyoung-gi said with a bold smile.
“I don’t argue with what I’ve been given. “Whether you sell it or pay for it, you do whatever CEO Oh wants.”
Oh Se-hyun also smiled at Jinyoung-gi’s refreshing answer.
“Well, maybe because they’re brothers, they’re really similar.”
“huh? what?”
“Vice President Jin Dong-gi made the same suggestion. Although the ways of expressing it are different, isn’t this what you both want? Let’s join hands and drive one of my brothers out of Shunyang! haha.”
When Oh Se-hyun burst into refreshing laughter, Vice Chairman Jin Young-ki could not get angry. All I could do was listen to laughter with a white face.
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