The Chaebeol’s Youngest Son Chapter 316

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[316] Number of exchanges. 2

Hong So-young’s hand trembled slightly as she opened the morning newspaper.

It’s already been three days.

Miracle’s Rachel, who mentioned Sunyang Electronics, returned to the United States without doing anything, but the Hansung Ilbo is publishing a special article for the third day.

At first glance, it appears to be an extremely ordinary statement that the owner of a stock company is not the owner’s family but the shareholders, but the meaning hidden between the lines is that it is aimed at a specific person. This is her in-laws.

Her father-in-law and husband had not said anything yet, but the look they were looking at her from the table was clearly demanding responsibility.

Instead of eating breakfast, Soyoung Hong joined ordinary people on their way to work.

Chairman Hong, who goes to work earlier than anyone else, was worried when he saw his daughter bursting through the door of the chairman’s office in the morning, and his heart ached a little as he wondered if she might have received a harsh reprimand from her in-laws.

“What’s going on so early in the morning?”

Chairman Hong said, pretending not to notice.

Unlike when she kicked in the door, Hong So-young’s voice was calm.

“Father, you need to tell me what’s going on. “Why are you doing this?”

Since my daughter was quick-witted, there was no need to act like a fool or talk back to her.

“It’s company policy.”

“So what is the policy?”

“I decided to follow an advertiser bigger than your in-laws. “It’s for the good of the company, so it’s not your place to argue.”

“Did you abandon your son-in-law and choose the youngest?”

“It’s not a new kid, it’s the biggest advertiser. “It’s a reasonable choice no matter who sees it.”

Hong So-young’s suppressed anger burst out at her father’s words that it was valid.

“I guess the parents’ thoughts about their daughter were not taken into consideration when making that reasonable choice, right? “How could you do this!”

“I don’t have any expectations, but I’m asking just in case. What did your in-laws say? “Did you ask me to consider it?”

“dad!”

When Hong So-young was young, she was so excited that she developed a speaking habit.

“You really didn’t pay any attention to what I was thinking, right? “Aren’t you thinking about your only grandchild?”

“Calm down and that’s it. This is work. “It’s right that you should worry about your parents’ newspaper, Hansung Ilbo, rather than your in-laws.”

The father and daughter just glared at each other for a while.

The first person to open it was my daughter. She regained her composure and returned to her very real self.

“If you keep going out like this, I won’t be able to live in that house. “Have you thought about that?”

“I thought worse.”

“yes?”

“If your in-laws lose what little electronics and products they have left, will you continue to be the eldest daughter-in-law of that family? No, should I continue… ? “This is the thought.”

Chairman Hong did not miss the shaking look in his daughter’s eyes.

“You are the one who got married after seeing each other. Although you have been living side by side with Jin Seo-bang for over ten years and have had two children, he has never seen the two of you exchange even a warm glance. “Did I see something wrong?”

What she wanted and still wants is to be the hostess of Sunyang Group. Jinyoung-Jun Jin came in every night smelling like a woman, but that didn’t make him angry.

There were times when I couldn’t hold back my anger. When her aunt lost her department store, she couldn’t stand it any more than when HW Group took over the construction and heavy industry, and lashed out at her husband about her father-in-law’s incompetence.

“The scales have already tipped. Jin Do-Jun is such a great guy that the late Chairman Jin chose him. His in-laws will withdraw from the group like Vice Chairman Vibrator. “The same goes for your husband.”

Chairman Hong, speaking quietly, looked at his daughter. She must have sensed her crisis because she didn’t scream and throw a tantrum.

“If I hold on to the shipwrecked mast out of loyalty, you will only see your in-laws and your family sinking all at once. “Is that what you want?”

Hong So-young, who was sitting there sighing, looked straight at Chairman Hong and said.

“What will you do if your father is wrong?”

“what?”

“What are you going to do if you keep Electronics and C&T without losing them, and regain your previous momentum by further increasing affiliates based on the two companies like Daehyun Automotive Group?”

“My judgment was not wrong.”

Soyoung Hong took her bag and stood up.

“I hope my father made the right decision. Otherwise, the father has ruined his daughter’s life. But father… .”

Chairman Hong’s heart skipped a beat when he saw his daughter’s frozen expression.

“My father-in-law, the shipwreck captain, and my husband, the engineer, are strangely calm and peaceful. Why is this? Please take a look.”

Chairman Hong, who looked pitifully at the back of his daughter who turned around helplessly and left, was troubled by her last words.

Isn’t it normal for in-laws to have no peace?

***

“How on earth did you bake and boil the Hanseong Ilbo? “Wasn’t that the eternal enemy?”

Chairman Hakjae Lee said, throwing down the newspaper.

“Where in the world is there an eternal enemy? “If we have something to exchange, we pretend to be best friends.”

“What did you give me?”

“Is there anything else you can give to media companies other than advertisements? By the way, HW Group advertisements, now you can share them in moderation.”

“What did you get?’’

“It’s obvious, well. Now we will sing Yongbieocheonga. The main character will be me. “Hehe.”

“That house is about to be swept away by a tornado.”

“What are you doing when you know? It was just a couple pattern. uh? Now that I think about it, I think Youngjun likes you, right? Now that I’m single, I’ll be running around trying to get all the women in the world… .”

“Is Youngjun still doing that?”

Chairman Lee frowned as if pitiful.

“They say that these days, they are so obsessed with girl groups that they can’t come to their senses. “Sangjun said that he is the biggest fan of his uncle in Korea and that the entertainment companies treat him very well.”

“Could it be that the kids who appear as advertising models these days passed through Youngjun’s hands?”

“no. They say they don’t do it so blatantly these days. “I was tired from running events, so the CEO of the entertainment company gave me tens of millions of won to pay for my health medication, and gave me several hundred million won to cover the cost of a single or a music video.”

“To the boss? “Isn’t it a girl?”

“yes. The CEO of an entertainment agency is happy because he gets cash without having to pay a single penny of taxes. So, agencies that foster new talent are lining up to show their face to Youngjun. Of course, we give pocket money to girl group members and buy them cars.”

Chairman Lee began to glance at me.

“Are you really collecting that kind of information?”

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“I have a couple of very important things in mind. My sister-in-law would be happy if Hansung Ilbo opened up when she needed it. “What could be a more suitable reason for divorce?”

“You can’t believe you’re using your own brother to do such a background investigation. “You’re so mean, you’re so rude.”

“I knew it automatically because I was in that industry, and I didn’t really do any research.”

It’s only half true.

Usually you only hear rumors, but Sangjun hyung made sure to check the facts if it was a serious rumor. He didn’t ask me to do it, but he did it because he thought it would help me.

In our family, Sangjun and I are the only ones who help each other.

“I have more to discuss than that.”

“say.”

“About seven savings banks will close due to this incident.”

Savings Bank is another name for Mutual Credit Union, which was created in 1972.

It was created to ‘promote financial convenience for the common people and small and medium-sized businesses’ instead of commercial banks centered on large corporations, but there is no way the money will move for the common people and small and medium-sized businesses.

Since the mid-2000s, real estate project financing (PF) loans have emerged as the ‘goose that lays the golden eggs,’ and savings banks have reached their heyday.

At the end of 2010, all the money was concentrated in Busan, with PF loans amounting to 17.4 trillion won.

However, PF loans, which were thriving, collapsed helplessly as the real estate market contracted. Savings banks, which were rife with all kinds of insolvency and corruption, found themselves in the worst situation due to the government’s long overdue measures.

The most rotten part is that the day before the suspension of business, the big money depositors withdrew all their deposited money and disappeared, and only ordinary people who deposited the same amount of money in order to earn more interest lost all their money.

“It has nothing to do with us. “Did Sunyang Finance dip its toe in there?”

“no. Would you like me to touch you for a little money? Rather, Sunyang Life Insurance and Securities asked if we should take over something suitable when the liquidation of insolvent savings banks is completed.”

Chairman Lee was lost in thought for a moment.

“Savings banks are good for quick money, so I think they will be needed in the automobile, construction, and heavy industry industries. “I will proceed if the Chairman deems it necessary.”

“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 stock up on at least one more item when you have the chance. If you don’t need to… .”

“Let’s proceed. “We can’t just rely on the pockets of major shareholders forever.”

“yes. Then, half of the acquisition funds will be provided by HW Group.”

“what?”

Chairman Lee widened his eyes.

“Why are you the one who most often uses bank money? “Please invest some money.”

“Hey, you’ve become a full-fledged tycoon now. I’m not going to spend my own money, I’m going to get called out with the company’s money, right? haha.”

As we were joking and laughing, the phone suddenly rang.

1. Director. Where are you now?

It was a call from Yeouido Miracle.

“why? “What’s going on?”

一 An extraordinary general meeting of shareholders will be held. Yeouido was turned upside down.

“Calm down and tell me in detail. “Where do you mean?”

This is Sunyang Products.

“what? Sunyang Products?”

I was so shocked that I jumped up from my seat. Chairman Lee also blinked as if he was surprised at the mention of Sunyang Products.

一 Yes. The agenda is clearly a merger.

“Merger? “What are you saying that Sunyang Trading is merging with?”

一 That… . Sunyang Ad Media and… .

Isn’t Sunyang Ad Media an advertising company?

It felt like I had been struck by lightning.

Jin Young-jun owns most of the shares of this company.

I hung up the phone and spoke to Chairman Lee.

“We are merging Sunyang Products and Sunyang Ad Media. “An extraordinary general meeting of shareholders will be held soon.”

“what? Ad media? Does that make sense?”

There is only one way that makes sense.

All you have to do is merge at a ratio of one Sunyang Corporation stock to one thousand Sunyang Ad Media stocks.

Normally, rather than using such complicated methods, Sunyang Corporation purchases and acquires more than 51% of Sunyang Ad Media’s shares. I called again.

“Please quickly figure out the shareholding structure of Sunyang Ad Media and let me know.

Chairman Lee also did not sit still.

“Oh, it’s me… . What’s going on? I heard a rumor going around? C&T 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 anymore?”

He shouted into the receiver a few times and hung up feebly.

“It’s true. I am an executive in the planning department of Sunyang Corporation… . He also received an official letter to prepare for the general shareholders’ meeting a little while ago… . “They say they didn’t know about it and it seems like it was carried out in complete secrecy.”

“If you look at the fact that a general meeting of shareholders is being held over this matter… … .”

“They are playing around with the merger ratio.”

“No way, at a 1:1 ratio… ?”

“Should I do that? If that happens, the stock price will plummet and shareholders will not sit still. “Even if you set it high, it’s 1:10.”

These are just comforting words.

This is a way to ensure Sunyang Corporation’s dominance, so it is clearly merged at a 1:1 ratio.

The phone rang again.

一 78% is owned by Jin Young-jun, and 10% is owned by Vice Chairman Jin Young-ki. The rest are executives of Sunyang Ad Media.

Holy shit, as expected, this is 100% Jinyoung-Jun’s company.

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