The Chaebeol’s Youngest Son Chapter 320

[320]Is it possible to give flesh and take bones? 3

2012 was said to be an election year, with elections scheduled to be held all over the world.

In Korea, general and presidential elections await, and in the United States, Russia, Mexico, Spain, and France, presidential elections await.

However, on New Year’s Day in Korea, one lawsuit took over all the issues and caused a stir in the world.

The media drew provocative copy, such as ‘the youngest’s revolt’ or ‘the youngest’s counterattack’, to attract clicks and generate enormous advertising revenue.

In the courtroom, Korea’s two best law firms competed to be the true prosecutor, and a one-sided fight unfolded outside the courtroom.

From the media’s perspective, both me and Youngjun are large advertisers anyway. Although both sides were equally weighted, the public opinion battle was an overwhelming victory as clicks and comments flooded when my photo was featured.

“A company is not a dynasty. Is the principle of succession to the eldest son applicable in modern society? Moreover, they resorted to expedient methods.”

“But isn’t Jin Do-jun also of the same blood? From the outside, it looks like a fight between dynasty princes. “There is no difference between Jin Young-jun and Jin Do-jun.”

At first glance, it may seem like a question that cuts to the core, but interviews are a difficult task anyway.

“I never said I would take that position. I am simply opposing a merger that goes beyond expediency and borders on illegality. As a shareholder of Sunyang Corporation.”

“Among the shareholders of Sunyang Corporation, Jin Do-jun is the only one who is willing to file a lawsuit. “Can you tell me that the reason is not related to group succession?”

I was about to say my prepared answer but stopped. I think it would be better to make the fire a little hotter.

“Why do you think I want Soonyang Products?”

Even if you play Go-Stop carefully, there are times when you make a wrong hand. In times like this, what you need is quickness. Fortunately, the reporter interviewing me was quick-witted.

“Well, that’s right…” Isn’t it because if you take over Sunyang Corporation, you will also get Sunyang Electronics thanks to the circular shareholding structure? In addition, the company also secured shares in other affiliates, so it literally turned into a pumpkin… .”

“So why do you assume I want a pure positive electron? “I am not greedy for Sunyang Group.”

The reporter’s questions started to raise eyebrows as to whether he was triggered by the wrong answer.

“Is that possible? “Why do we need to start a court case if we don’t want to?”

“Reporter.”

I smiled, looked the reporter in the eye, and said.

“There is something people in the world are very curious about. That guy named Jin Do-jun is said to be an investment genius, but how much wealth does he really have? ?”

The reporter swallowed his saliva.

If I reveal my wealth, it would be like getting a super special scoop.

“Have you ever seen the wealthy people listed in Forbes magazine file lawsuits to take over other companies?”

“Oh, no.”

“There may be many reasons for owning a company, but it is a business anyway. To put it bluntly, it’s to make money. Globally wealthy people acquire companies for investment, not to grow bigger.”

“Does that mean that Jin Do-jun is a wealthy person comparable to Warren Buffett or Bill Gates?”

“When I withdraw all the money I invested here and there and make a list of assets, the rankings of the rich people listed in Forbes magazine will inevitably go down one step. “There is no exception.”

“Ho, maybe… I’m asking again because I think I may have misunderstood. So you’re saying he’s the richest person in the world?”

The reporter stuttered, unable to contain his excitement. It’s worth it because you got the best scoop.

“of course. “It will probably be twice as high as the current number one?”

The reporter’s frustrated feelings were clearly visible on his face. He doesn’t know how much the world’s richest person currently has.

“My words went astray… . I’ll just tell you the main point. I have no reason to covet Sunyang Electronics or Mulsan. I just don’t like the regressive way of taking control of a globally competitive company through expedient means, which goes against the interests of shareholders. Even if it’s family… .”

* * *

“Even if that kid brags about money, he always does it in public.”

Chairman Hakjae Lee turned off the TV and raised his teacup.

“Are you sure you turned on the TV to watch me?”

“then? “I already know, so why would I see it?”

Director Baek Jun-hyuk chuckled and took out a cigarette.

“So? “What does it have to do with me that Jin Do-jun is rich?”

“To let you know that the outcome of this fight is obvious.”

“It’s obvious. We win. “If I didn’t have a chance of winning, I wouldn’t have started.”

“Aren’t you making a big mistake?”

“Are you saying it’s an illusion?”

“A wolf is hunting a deer that runs away. If you’re lucky, you’ll survive, but if you mess up even once, you’ll get caught and eaten. Even if the hunt fails, the wolf does not die. “Is this a fight?”

Chief Baek lit a cigarette.

“Director Lee. “Please stop imitating Chairman Jin and just say business.”

“I’m saying this because we come from the same Ttakari, but if the owner changes, Takkari will also retire. know?”

“Are you really flirting with me? Avoid Tosa-gu and come under… . “Is this something like this?”

As Director Baek rolled his eyes, Chairman Lee smiled and nodded.

“You understand me well.”

“Chief!”

“I’m not asking you to come under me, so don’t scream. “I want to make a suggestion.”

“What offer?”

“Do you know the first thing Jin Young-ki said to me when the late Chairman Jin handed out all of his shares and stepped down?”

“… … ?”

“They told me to just breathe and act like I was dead. You must not do any outside work, let alone group work. “This was not an order to retire, but an order to be buried in peace.”

A slave who is buried in the tomb with the lord he served when he dies. The lord’s son gave the order.

Director Baek Joon-hyuk came to mind as the son of Jinyoung-ki, the master soldier who had already retired. What command will he give? I wanted to stop, but these questions kept lingering in my head.

“You are much younger than me. Aren’t you at the prime of your working age? “Can you just breathe and live?”

“I can’t do it like Director Lee because it’s embarrassing to hang around under Jin Do-jun.”

It was clearly a mocking comment, but Chairman Lee Hak-jae still had a gentle expression on his face.

“Do you think so? You don’t know Dojun too much. Do you think that a guy who plays around with his boss can eat all of his wealth on his own and become the richest person in the world at the age of 30?”

“Then isn’t it? Director Lee is only serving Jin Do-jun instead of Chairman Jin. “Even if we want to deny it, it’s reality.”

“I have never received approval from Dojun since I took the position as chairman of HW Group. Oh, it exists. When I needed emergency funds, I turned to Dojun instead of the bank. Dojun is not interested in ruling. He only conquers.”

“You want me to believe that?”

“Whether you believe it or not is up to you. Anyway, Dojun is like Genghis Khan. Conquer and throw the land to someone else… . After speaking, I realized that he was a wolf. “Hehe.”

Chairman Lee said to Director Baek, who looked at him with a frown.

“You reach a lot of people too, right? ask. “I wonder if what I said was a lie.”

“I’m not interested. “Anyway, I have no intention of stopping the shareholder meeting or merger for Jin Do-jun’s sake, so how about we stop wasting each other’s time?”

“Do not misunderstand. Because I’m not interested in electronics or industrial products. “That’s Dojun’s job to take care of.”

“Then why on earth did you ask to meet me?”

Chairman Hakjae Lee erased his smile and spoke with a serious expression.

“Jin Youngjun will try to bury you. Think about it carefully then. What do you really want to do? If you think I can help you with that, don’t hesitate to tell me. “Please help me.”

Baek Jun-hyuk froze after hearing the unexpected words.

“I know how I feel. There will definitely be something you want to do too. As I served as president, I realized that life does not necessarily have one path. “Hehe.”

Chairman Lee Hak-jae was not unfamiliar with the stiff appearance of Baek Jun-hyuk.

* * *

“I checked Forbes and the richest person in the world is Mexican? His name is Carlos Slim, and he is a telecommunications company tycoon. 75 trillion won.”

“okay? “Isn’t it worth 80 trillion?”

“huh.”

My wife seemed to treat the unrealistic numbers as if they were test scores.

He had the attitude of a study bug who was always obsessed with tests and rankings.

“But since you said your wealth is twice that of the first person, that means 150 trillion won.”

“Well, if you look at his personal wealth alone, it will exceed 100 trillion won, and if you include the Sunyang Group, it will change again.”

“But do you still want to own the entire Sunyang Group?”

Is this the question you want to ask? Did she feel sorry for her husband’s decline?

“Because I have never seen Sunyang Group in terms of money. “Should I just say it’s the purpose of life?”

My wife did not ask why I made Sunyang Group my life’s goal. Even if you are a married couple, you have different perspectives on the outside world. She also has her own purpose.

“Shall I tell you at home? “Do you want to stop the merger?”

My wife looked at me and very cautiously opened her mouth.

Once a lawsuit has begun, it is the court that holds the sword. It’s a knife that’s not that sharp or big.

If his wife’s family has connections in the judiciary, he could have a big influence.

“no. “Just pretend not to notice.”

“why? I don’t want help from my wife, is this it?”

“you’re welcome. When necessary, I will hold on to your pants and hang on to you. Merger is what I want. Our mighty father-in-law’s power will be needed after that. You will pay dearly for accepting your eccentric son-in-law. haha.”

“Then why did you start a lawsuit to block the shareholders meeting?”

She was curious about her husband’s true intentions, which she could never understand.

“It’s making the entire nation look into Sunyang’s inner self with an uneasy gaze. “That’s enough.”

As we started, I asked my wife.

“Have you heard anything about what the judiciary thinks of this merger?”

“There are just a lot of rumors. Once the judge in charge is assigned, the rumors will turn into facts. “It shows which line the judge in charge is in.”

“How do rumors spread?”

“Remove factors that hinder the merger early. “Is this an order from above?”

Aren’t these people who have the power to put pressure on the judiciary? If my plan goes as planned, Judge Cernutt will be stripped of his clothes.

“You should never take charge of this. never!”

“I’m a judge in the criminal court! Do you even know what your wife does? “After graduating from law school?!”

* * *

On June 1, the Civil Settlement Department of the Seoul Central District Court dismissed the application for a provisional injunction to prohibit the merger, and less than a week later, the application for a provisional injunction to prohibit the sale of Sunyang Corporation’s treasury stock was also dismissed. The court judged that it was difficult to view the sale of treasury stock as being significantly unfair or against social order in terms of social norms.

What is shocking is that less than a week later, the civil division of the Seoul High Court ended the appeal hearing. Naturally, the company did not accept the request for a temporary injunction banning resolutions at general shareholders’ meetings and prohibiting the sale of its own shares. It is rare to find a trial proceeding this quickly. Vice Chairman Jin Young-ki and Jin Young-jun’s steps were as fast as lightning.

As soon as July, Sunyang Corporation held an extraordinary general meeting of shareholders and approved the merger plan with Sunyang Ad Media. The approval vote was close to 70%, and the general shareholders’ meeting ended in 25 minutes.

The head of the National Pension Service, the second largest shareholder of Sunyang Corporation, appeared, but it was not Hyun Wan-ju. The head of the headquarters, who was replaced in an instant, was merely a planning director at the fund management headquarters.

The reason for this unprecedented and unconventional appointment may be that he is perfect as a scarecrow who will vote in favor as he is told. When the shareholders’ meeting ended, there was a long sigh.

I gave up my flesh. Now we need to take the bones.

* * *

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fantasy, modern,