The Chaebeol’s Youngest Son Chapter 51

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[051]When revealing a secret 1.

“Who is Seo Min-young?”

“I’m a student in the same department.”

“Is that all?”

The uncle who smiled slyly and tapped my shoulder was an unstoppable man who was thirsty for romance.

“If you are a freshman in college, focus on making a girlfriend. You said it a little while ago, right? Handsome, rich, smart, what do you lack? “A woman will stand in line.”

“What do I do if I stand in line? “I don’t have time to meet you.”

“There is nothing special in life. Love, women are everything. money? “That’s the perfect sign to meet a loveless woman.”

They don’t listen to me and only say what they want to say.

“Isn’t this advice you would give from an uncle who was successful in a career that involves money?”

My uncle opened his eyes wide and made an expression of surprise.

“Oh my, you don’t know yet?”

“yes? “What do you mean?”

“My job, my job, is to make legal bets based on accurate data, not to make money. what… Because of you, I lost a lot of fun. “I lose interest in gambling with a 100% chance of winning.”

“Then try speaking with the intuition of a gambler. Should Daehyun Group take Ajin Motors?”

I changed the topic slightly. It’s the right time to avoid asking too many questions about Seo Min-young.

“maybe.”

“Why?”

“The three beats are perfect. “There are a lot of chips, a lot of luck, and a good hand.”

I know there are a lot of chips. Because we have accumulated more than 2 trillion won. But what are luck and loss?

“Luck is the momentum of the gambling table. I keep losing and then the moment when I feel like I’m winning is coming. When the stakes are high, you are lucky if you come across a win. “There are high stakes in Ajin.”

“Why are cards good?”

“It is not new that Ajin Motors is going bankrupt due to the successive bankruptcies of large corporations. And the company that goes bankrupt wants someone to take over quickly to lessen the impact. Lastly, Daehyun failed to take over Handa Steel. Even if the government gives one, it won’t be called a preferential treatment.”

“Your uncle is confident that Ajin Motors will go bankrupt.”

“Daehyun Group designed it, right? The banking world likes Daehyun more than Ajin. Also, the political figures who boarded the last train of this regime would strangle Ajin Motors for the rice cakes handed out by Daehyun? “Just wait and see.”

He is a great person. At this point, how many people can be sure that Ajin Motors will go bankrupt?

The absurd fact was that banks also played a role.

If Ajin Motors goes bankrupt, it will be a huge blow to the bank, but the reason it can take the lead is because it has a part of its trust.

It is the injection of public funds.

Public funds, I don’t know what kind of bastard coined the word, but to be exact, it is the investment of taxpayers’ money.

They steal the people’s money little by little to revive insolvent companies, but the owners of the companies that survive are not the people. It becomes the property of a specific person.

That specific person could be me. Isn’t the one who eats first the owner? Playing as a young college student with a burning sense of justice is a no-brainer.

“Uncle, then shall we eat Ajin Motors?”

“huh? what?”

It seems like he clearly thought he heard it wrong.

“We also fit the three beats perfectly. There are a lot of chips piled up in the US, and you know very well that I was born with good luck, so it only hurts my mouth to say it, and since Daehyun Group is not the only one to lose, we can just make it ours. How is it?”

Oh Se-hyun’s expression tells me that he doesn’t see me as normal.

How can a college freshman who says he wants to work for a company that was ranked 2nd in the automobile industry, once ranked 4th in the business world, and is now ranked 8th, seem normal?

* * *

“Isn’t this plagiarism? Where can I file a complaint for copyright infringement?”

Chairman Jin said it as if it were a joke, but no one laughed.

A strategy called a report created six years ago with great effort and cost. Now Daehyun Group Chairman Joo is using the same strategy.

“Would you like me to interrupt you?”

It wasn’t a retort that the chairman was joking. Cho Dae-ho, CEO of Sunyang Motors, had a hard expression on his face.

“Before that, we need to know Chairman Joo’s intentions. what? Is this restructuring of the automobile industry? Or is it Budo?”

“Chairman Joo does not want to restructure the industry. “I want Ajin to go bankrupt.”

“Why do you think so?”

“If it is a government-led restructuring, the poisonous clause of monopoly is a hindrance. But if it goes bankrupt… … .”

Director Lee Hak-jae continued speaking cautiously, observing Chairman Jin’s thoughts.

“If Ajin goes bankrupt, it needs to be resolved quickly. They must be in a hurry to select an acquisition negotiator… .”

“yes! We could jump in, so we put away our spoons in advance. “I must have been preparing since I was passionate about acquiring Handa Steel.”

Even if creditors select an acquisition target, they have to just sit back and watch. Sunyang Group has no money.

Chairman Jin could not shake off the feeling of defeat.

Clearly, I desperately wanted Hanhande Steel and got it. However, when I thought that even this was part of the picture drawn by Daehyun Chairman Joo, my whole body trembled.

The good news is that they won the takeover battle for Handa Steel and no threatening phone calls were made.

However, Chairman Jin, an outstanding businessman, was not limited to these feelings.

“Okay, let’s go over one more thing. What if Daehyun takes over Ajin? “What will become of us?”

“Market share will fall rapidly.”

President Cho Dae-ho said gloomily.

No matter what anyone says, the competitive edge of automobiles is production. If two companies become one, share the same parts, and organize overlapping production lines, it will be difficult to keep up with the competition in terms of cost.

“Jo Dae-ho.”

“yes. President.”

“You have a lot of reasons to be disturbed.”

Even if he said it as if it were someone else’s business, Chairman Jin’s intentions were revealed.

“Let’s all listen to President Cho’s idea. President Cho.”

“yes.”

“Come prepare a plan by this time tomorrow.”

As soon as the word that the meeting was over was announced, everyone quickly left the study. This is not just President Cho Dae-ho’s homework. This is everyone’s homework.

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Lee Hak-jae, the only two men, quickly opened his mouth.

“President. stock… .”

“know.”

7% of Ajin Motors’ stock acquired under the car’s name.

If it goes bankrupt, even if Daehyun takes over, loss of money is unavoidable.

“That’s the most unbearable. “You can’t lose money because of Joo Young-il.”

“Shall we dispose of it quickly?”

“disposal? “You don’t want to fight?”

“Bankruptcy will be inevitable.”

“why?”

Chairman Jin bit his lip and did not hide his anger, but Director Hakjae Lee’s expression did not change.

“Because it was the plan we made. Even if the Suseo corruption scandal had not occurred six years ago, we would have absorbed Ajin Motors. “It was the perfect plan.”

There is nothing to refute.

“Unless something big like that happens now, it will proceed as planned.”

The study was silent for a while.

“Would you like to give it a shake? “I can’t just sit there like this and think I’m dead.”

“You mean stocks?”

“okay.”

Shareholders owning more than 3% have the right to request the dismissal of executives, the right to convene an extraordinary general meeting of shareholders, and the right to request the appointment of prosecutors. He has the power to storm into a company and turn over desks.

“But it’s scattered all over the place. “You need someone who can step up and put it all together.”

“There is a suitable person. Oh Se-hyeon.”

“ah… !”

Hakjae Lee was once again impressed by Chairman Jin’s quickness. He is already well over seventy years old, but his brain has not rusted at all.

“Meet me sometime. Give us shares in Ajin and appoint her as our agent. And we also have slush funds entrusted to us. “It’s also an opportunity to retrieve it.”

The 100 billion won slush fund lying dormant in Miracle will be exchanged for 7% of Ajin Motors stock.

Chairman Jin’s quick-wittedness, which did not miss an opportunity to kill two birds with one stone, put Lee Hak-jae to shame.

* * *

“Seven percent?”

“That’s right. “We own it under the car’s name.”

“Are you asking me to buy it for 100 billion won?”

Hakjae Lee’s brow furrowed.

“I’m not asking you to buy it, I’m asking you to change it. “The way to get back the 100 billion won we entrusted to you is by giving you shares of Ajin Motors.”

“That’s a bit difficult.”

“what?”

The sight of Oh Se-hyun slightly shaking his head eventually led to a loud shout.

“hey! What does that mean? Are you in trouble? Are you thinking it’s your money because it’s a borrowed name? Or do you think it’s money that doesn’t belong to anyone?”

“you’re welcome. Although it is money without a name tag, it remains the same as Sunyang Group money. “Do you really think of me as such a scoundrel?”

“now.”

Oh Se-hyun burst out laughing when he made himself look like a bully without even changing his expression.

“Oh my, I’m so sorry, haha.”

“I don’t plan on joking, so speak quickly. “Why not?”

“Miracle Investment has shareholders and investors. Rumors are spreading around here that Ajin Motors is going bankrupt. But are you buying that company’s stock?”

Oh Se-hyun shook his head loudly.

“Buying shares of a failing company for a large amount of money? This is no different from breach of trust. “If a shareholder or investor sues me, I’ll be behind bars.”

“what?”

“And Director Lee.”

Oh Se-hyeon began glaring sharply at Lee Hak-jae, who was fuming.

“I am not a cruise employee. Even if you just look at it on paper, there is no relationship between Miracle and Sunyang. “I’m just providing convenience for Dojun’s sake.”

His eyes became more fierce.

“But what? Should we exercise our majority shareholder rights to investigate Ajin Motors and shake up this situation? Is it a habit to try to eat everything raw? “Is it a habit?”

Oh Se-hyeon jumped up from his seat.

“Please find a more plausible way to purchase Ajin Motors stock. I’ll say it again… I have no intention of swallowing that money every day. and… Never again tell people to come or go because of something like this. “If something like this happens one more time, I will cut off my relationship with Sunyang, no matter what Yoongi or Dojun say.”

When Oh Se-hyeon turned around, his expression became indescribably stiff.

It’s not because I’m angry. The acquisition of Ajin Motors, which Dojun mentioned, seemed like a path.

If this comes true, it will be the largest gambling table ever sat on. Just thinking about it makes my heart pound and my fingertips tingle.

* * *

“Is it Daehyun this time?”

“Has confirmed. It is said that they contacted the presidents of our banks one after another. That is why the pressure to recover loans has intensified.”

“this… .”

Chairman Song Hyeon-chang gritted his teeth.

The cumulative deficit of all 28 affiliates is only 380 billion won. In particular, its flagship company, Ajin Motors, recorded a surplus last year as well.

Even if it is not this kind of figure, the fact that Sunyang Group and Daehyun Group are eagerly targeting Ajin Motors proves how good of a company they are.

It was pointless to meet with bank presidents and list financial statement numbers in order to avoid losing the company to wolves.

Now is the time to negotiate with politicians.

“The ruling party is currently running a primary, right?”

“yes.”

“Are you sure? That guy, Lee Hoi-chang?”

“It is confirmed unless there are any changes.”

“Give that guy a line.”

All staff members showed the same reaction to Chairman Song’s words.

“He is a person who is reputed to be a great person. Even the bankruptcy of large corporations that is happening now is being withdrawn, saying that each company is responsible for it… . “Would you like some help?”

“You’re saying that because you still think you’re a judge. During this primary, he would have erased all traces of his legal attire and become a politician. And I don’t think there are any clean politicians yet.”

Clean politician. Chairman Song Hyeon-chang believes that this is an incongruous combination of words, such as fragrant trash.

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