The Chaebeol’s Youngest Son Chapter 318

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[318]Is it possible to give flesh and take bones? One

Does it go against national sentiment to that extent for the youngest member of the family to own the property? Didn’t they even hire a PI expert to create the image to prevent such noise?

The most outstanding and genius manager of Sunyang Family.

We even conducted several public opinion polls to see how well this image worked.

Who is the most suitable person to be the CEO of Sunyang Group?

My name was overwhelmingly the answer to this question. The older generation did not know who was who, so they answered that it was the eldest son.

Chairman Lee looked at me with wide eyes, not knowing why, and said with a short sigh.

“I’m using those words you said through Rachel.”

I know what you mean.

“Are you sure it’s patriotism or draining the country’s wealth? “Will that work?”

“Some of it will work. However, Sunyang Electronics stocks have a strong deposit-like nature.”

When it comes to deposits, safety is the top priority. The merger of Sunyang Corporation is to protect Sunyang Electronics’ management rights, so Sunyang Electronics will remain unchanged.

“If a professional manager was in charge of electronics rather than a tyrannical owner’s family, the stock price would have doubled… .”

“If the general public knew that, Sunyang Group wouldn’t have existed in the first place. “There would have been only independent companies.”

Who to blame? Because of this national sentiment, words like Sunyangga and Daehyeonga come out, and even if I take over the Sunyang Group, won’t everyone nod their heads?

“Then all individual shareholders are lost… The three institutions… .”

When I looked at the document, deep wrinkles automatically formed on my forehead.

Although it was inevitable that one bank was Sunyang Electronics’ main bank, it was difficult to understand the other two.

“Korea Development Bank and National Pension Service… .”

“Do you understand now? “Why are they showing confidence in the merger?”

“I know one thing for sure. “Who approved it?”

Chairman Lee shook his head.

“It’s not approval, it’s acquiescence. “Sejong-ro and Yeouido just didn’t say a single word.”

“You mean you don’t want to take responsibility.”

“okay. Sunyang Corporation stocks owned by the National Pension Service belong to the people, but they are helping to drastically lower their value. “If someone comes forward and raises an issue, there are more than one problem.”

I checked the documents again.

When I carefully looked at the shareholding structure based on the merger of C&T and Ad Media, I sighed.

Jin Young-jun has a firm grip on the product. That means taking control of affiliates linked to C&T and also taking control of Sunyang Electronics.

Of course, all other affiliates linked to the former also fall into his pocket.

What if you take control of the two main companies, increase a number of 100% owned subsidiaries, and disperse the stocks of Electronics and C&T? Is there any chance to get it back?

Chairman Hakjae Lee, who saw my darkened expression, opened his mouth with difficulty.

“General shareholders’ meeting… Should I kick the shit out of it?”

It is not difficult to call in a professional general meeting and cancel the general shareholders’ meeting. But it’s just a way to waste more time.

“You know very well that it’s no use… .”

“It buys time and puts pressure on those who condone the merger. Aren’t the people in politics the most reluctant to make noise? It makes them realize that the merger could be holding them back… .”

Chairman Lee looked at me again and spoke cautiously.

“It’s about using what you have to get things back to square one.”

“What I have… ? ah… !”

I’m talking about the ledger that my grandfather left behind. If you threaten the people whose names are on the ledger, a general meeting of shareholders will not be held, let alone a merger.

It’s not like I didn’t think about it. In fact, the first thing that came to mind was that ledger.

But I resisted the temptation.

“You can’t use that forever. “It just has to exist as a record.”

“If it were this urgent, the chairman would have used it too.”

“no. My grandfather probably thinks the same way as me. “The moment you use that ledger, Sunyang is no longer Sunyang.”

“It won’t be a pure cruiser… ?”

“Other conglomerates spend as much money as we do. However, while their names are always mentioned in the media, prosecution, and the National Assembly, our Sunyang’s name has disappeared for quite some time.”

“Is that why it should exist only as a record? “You can never use it?”

“yes. People who have taken money from other conglomerates only help in proportion to the amount of money they received. But Sunyang is different. The belief that you will never get in trouble, and the expectation that you will be taken care of more than what was given to you. Because of this, they volunteer to help us. “It’s like men who give a bouquet of flowers to get one more touch from a beautiful woman.”

Chairman Lee nodded his head.

“I know what you mean, but what good is it if you lose electronics and products? The people whose names are on the ledger don’t think there’s much difference between you and Jinyoung-Jun. “Rather than taking it away from someone else, it seems like the chairman’s blood is sharing it with him.”

“If the end was for me to take over the entire group, I would have written the account book. But you have to think about it afterwards too. You must remain a pure sheep forever in this country. To do that, I have to continue to exist as a beautiful woman.”

Only then did a smile spread on Chairman Lee’s face.

“I realize once again that it was a very wise choice for the Chairman to hand over the ledger to you. “If Vice Chairman Jin Young-ki or Young-jun were bastards, they would have gone around waving that ledger and making all kinds of unreasonable demands.”

Although Chairman Lee’s praise encouraged me, I still felt frustrated.

In this case, the first thing to do is to face it.

“Then shall we meet again?”

“Who? Vice Chairman Jinyoung-ki?”

“no. Youngjun hyung. I’ll have to get my hands on the two main companies and see what they plan to do. “Are they trying to run away or are they going to use that as a basis to fight again?”

“What should I do to check that?”

“Instead of running away, we need to at least provoke them into setting the stage again. “Isn’t it okay to lose money?”

Chairman Lee said as he looked at me standing up with a smile.

“I’m more worried about whether they’re going to hide altogether. “Be gentle.”

* * *

“I guess you’re nervous seeing that you found me yourself?”

As soon as Jinyoungjun saw me, he burst out laughing.

He looks like a winner on a subject that has shrunk down and is satisfied with it.

“I didn’t know you were that fast. “If I had known this would happen, I should have tied her feet first.”

“If you’re going to talk nonsense, go back. “Just tell me what you want.”

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“Is it really all you need is product and electronics? “If you come out like this, you probably don’t know that it’s like building a wall on the border, right?”

“Put aside my worries. Because I am satisfied. Especially seeing you come and scratch me in person, I am certain that my choice was not wrong. There was always a reason when you pissed someone off. “Hehe.”

Not this time.

I just wanted to piss off this shallow guy.

“I heard you paid a bit for food this time, and you said you met all the people directly involved and persuaded them?”

“It’s easy. You had a financial group, a department store group, and a construction and heavy industry group. When I said I would have an electronics group, everyone nodded. Anyone can see that I am the eldest son who has been pushed out. what… . “It’s also true.”

A lot has changed. It looks a lot more relaxed.

“Don’t try to run around and turn it over. Those people will all speak unanimously. “I tell you, you have enough, so stop being greedy.”

“That’s the same for me, but seeing as you’re satisfied with only electronics and products, it seems like you’ve lost your mind. “Don’t you covet what I have?”

“very. “Hehe.”

There was no sign of being swayed by provocation. It wasn’t a bitter smile, but an expression with only a hint of regret.

“The car is a bit desirable, but the rest can be filled quickly. Construction, heavy industry, securities, department stores, hotels… . There was a lot of useless stuff. You can take it over and grow it. But what about you? There is nothing like Sunyang Electronics and Sunyang Products in this country. I have to start from scratch… . Is it possible? I really want to stop you. “You’ll just lose your money.”

Now even advice?

This guy and I have different perspectives.

My goal is to take everything this guy has and throw him into the gutter, but this guy’s only goal is to protect what he has and grow it further. Jin Young-Jun left the ring and changed weight classes and events. He will never compete again.

“Thank you for the advice, but shouldn’t we finish the shareholders meeting well first?”

“why? Are you trying to stop it?”

“I have too many weapons in my hands to just watch like this.”

“If you’re confident, give it a try. If you knew how much effort my father and I put in for our shareholders, you wouldn’t be able to say that… . I won’t stop you. “If you feel comfortable doing something, then you should do it.”

Suddenly, Jinyoung-Jun turned into a guy who was difficult to deal with.

Even if you empty your mind and shake the collar of a guy who has no intention of fighting, you will only lose his energy. This is not the person you should be fighting.

* * *

“Thank you for your valuable time. “Director.”

“no. A powerful person from Sunyang Financial Group wants to meet you, so I have to rush over. haha.”

Hyun Wan-ju, head of the National Pension Fund Fund Management Division, sat down while receiving a polite greeting from Vice President Jang Do-hyung.

The tone of voice may sound polite, but the expression and attitude are the exact opposite. It is a world where money is the government. It is one of the world’s three largest pension funds and is the head of the national pension fund worth a whopping 600 trillion won. How dare you call him ‘the president of the capital market’?

The amount of domestic stock holdings alone is over 100 trillion won, and the same goes for overseas stocks. Bonds amount to 300 trillion won, and other investments amount to 100 trillion won.

When Headquarters Director Hyun Wan-joo visits a foreign country, he is greeted by at least a minister-level official, and it is not difficult to meet the head of state of that country if desired.

No matter how pure he was, there was no reason for him to bow down to Vice President Jang Do-hyung.

While sharing a drink and a meal and chatting about the world, Vice President Jang Do-hyung had a difficult time speaking up.

“The stock market is abuzz. “You know why, right?”

“Why is it such a big deal… . “It may be a big deal for the people of Sunyang Group, but isn’t it common for private companies to merge and split up?”

“It’s such a strange merger, that’s why. Isn’t it like combining an aircraft carrier and a ferry, or rather, a raft? “I just can’t believe that the National Pension Service, which owns 15% of Sunyang Corporation, is in favor of it.”

“Agree? “Who does that?”

“Isn’t it?”

“I haven’t decided yet. “Our opinions will be revealed at the shareholders’ meeting.”

Director Hyun Wan-joo’s face hardened as he was acting like a fool.

“Why are players like this? “It’s an agenda that I can’t wait to pursue if the National Pension Service opposes it, but doesn’t Vice Chairman Jin Young-ki’s push for it mean he’s confident enough?”

The head of the fund management division comes from the financial industry because he is responsible for the fund’s investments. The two share a past of rolling around on the floor together.

“Vice President, why are you doing this? Isn’t this obvious? “Are you asking this without knowing that there is someone moving and I am following that person’s rhythm?”

The fact that the head of the headquarters raised his voice means that he does not support this nonsense merger. However, since he is a public servant who has to be criticized, he does as he is told.

“So, please tell me honestly whose melody you are playing to.”

There was silence for a while.

Vice President Jang Do-hyung said, unable to bear it any longer.

“Is this an order from the Blue House?”

“Does VIP look like the kind of person who would order something like this? “It’s the abdominal heart that moves.”

“Good luck?”

There is only one person who can be called VIP’s fortune. VP’s older brother, a member of the National Assembly.

“He is in charge. “The Ministry of Strategy and Finance and the Ministry of Health and Welfare act as hands and feet.”

If the president’s trust and the heads of major ministries have stepped forward, there is no need to ask any more questions. The merger will succeed.

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