[052]When revealing a secret 2.
“Oh my, I’m so sorry for asking you to gather so many busy people.”
“He says all kinds of things. President.”
As Chairman Jin opened the door to the separate room of the Japanese restaurant and entered, the three bank presidents stood up.
“Come on, let’s sit down.”
Once the bank managers settled down in a polite manner, the dishes began to be served.
“I heard that Chairman Ajin Song often visits the three of you these days… How is it?”
The bank presidents who were holding their chopsticks paused and put them down again. I had no idea it would start so quickly.
“He goes to Yeouido more often than we do.”
“It seems like they are busy trying to line up the next administration.”
“It’s not very effective. “It’s not something that will help him in his bid for the presidency.”
Chairman Jin nodded and put a piece of raw fish into his mouth.
Only then did the bank presidents raise their chopsticks again.
“The trend doesn’t change?”
The three bank presidents exchanged looks and put down their spoons. I had to give up eating until Chairman Jin finished his story.
“Is there anything the Chairman would like to ask us… ?”
“Because Chairman Song looks sad. We’re not even strangers. I hope I don’t push you too hard… “What do you think?”
“sorry. Because we also have a position… . “There is a lot of pressure from economic officials to process it quickly.”
“It looks like Chairman Joo has made a lot of money. “You can see it moving all the way to the Blue House.”
I called him an economic official, but it was no use. Isn’t Chairman Jin the one who knows exactly how this world works?
“Did the Chairman also have Ajin Motors in mind?”
There is no need for banks to get involved in the whale fight. The two groups fight and the bank follows the results.
The point to figure out now is to figure out, even if it is too late, whether the Sunyang Group is attacking with a spoonful or not.
“Stop talking about long things at the dinner table. Let me ask you one favor. Please delay as much as possible. “If it gets to the point where you can’t bear it, let me know.”
The three bank presidents looked at each other and nodded. Only by doing this can you eat comfortably.
Chairman Jin smiled broadly after getting the answer he wanted.
“Come on, let’s go. “I think the raw fish was particularly fresh today, hehe.”
* * *
“I met Director Hakjae Lee yesterday. “Your grandfather seems very angry.”
“Is it because of Daehyun Group?”
“okay. You own 7% of Ajin Motors stock, so I guess you want to shake things up with that. “By putting me first.”
“how?”
“Chairman Jin has 100 billion won in slush funds at our Miracle, right? “They told me to buy stocks with that and assert my rights as a majority shareholder.”
“Of course you refused, right? “There would be no reason to buy stocks that are falling.”
Oh Se-hyeon lightly nodded his head.
But I’ve already read his mind. I am not the type of person who will refuse and then bring up a story that has ended.
“By the way, Uncle, I think you have something to say?”
Oh Se-hyeon cleared his throat a little, looked at me, and slowly opened his mouth.
“Are you serious when you say you want to own Ajin Motors?”
“yes.”
“It is a huge conglomerate with sales exceeding 14 trillion won. “Acquiring Ajin Motors, the parent company, means taking over Ajin Group.”
Oh Se-hyun clearly looked excited.
“If the… . What if? “What do you plan to do if you take over Ajin?”
“What do you want my uncle to do?”
“If you think rationally, all 28 affiliates should be liquidated. “Throw away what you want to throw away, weigh it and get the price of scrap metal, and pass on the useful stuff at cost price.”
“Sell expensive things at a high price?”
“I’m selling it to someone who will give me even a 10,000 won piece.”
This is just the gambler’s correct answer.
“Unless it’s rational.”
Oh Se-hyun’s face turned slightly red, with the corners of her mouth rising slightly.
“I’m trying to save my life properly. “After cutting out all the damaged parts, apply some red medicine and inject nutritional supplements.”
“And then what?”
“that is… .”
Now his expression has changed to a regretful one. I could tell that his feelings were that complicated.
“That’s it. I don’t have the confidence to run a large company with my own two hands. “I want to do it, but it’s beyond my ability.”
“Then how about going there? “After that, I’ll go and think about it slowly.”
“The first thing to consider is that even if we enter into a takeover battle, the odds of winning are low. No, it would be accurate to say that there is none.”
“Then why are you suddenly showing interest? “Aren’t you the kind of person who would sit in a game where the odds of winning are low?”
Oh Se-hyun lowered his voice.
“If the 7% of Ajin Motors stock that your grandfather owns comes into our hands, we can use it to reveal the details of Ajin Motors. and… .”
“And what else is there?”
“Your grandfather, Chairman Jin.”
also!
It would be difficult without borrowing the power of Sunyang.
“The acquisition price of Ajin Motors can be covered with your own money. But you know that it’s not a game that can be played with stakes alone. We need the power to influence the judges, creditors, and politicians… . “Is there any other place other than Sunyang that is comparable to Daehyun Group?”
Oh Se-hyun’s eyes looking at me.
It is the look in a child’s eyes asking to buy a toy.
“All right. “Then my uncle also agreed.”
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After making the decision, Oh Se-hyeon looks rather calm.
28 affiliates, over 50,000 employees, and sales of 14 trillion won.
It’s a huge stake, and the winner eats it all.
If you are a soldier going to war where money will be used instead of bullets and tens of thousands of people will lose their livelihoods instead of bleeding casualties, shouldn’t you maintain composure rather than excitement?
“I’m meeting Director Hakjae Lee. you… .”
“I will meet Chairman Jin Yang-cheol of Sunyang Group.”
The two of us, facing each other, shook hands with smiles.
* * *
“Director, you’re going to have to take a big hit at me.”
“I always wanted to take a big hit at CEO Oh, but didn’t you make me angry every time you did that?”
“This time it will be different.”
“but… . “I asked to meet you first, so I’ll look forward to it.”
Hakjae Lee planned to meet several times and persuade the president to carry out his instructions. In such a car, he asked me to meet him first, so he came running in a month, and since he started off with positive words, I couldn’t help but look forward to it.
“I persuaded Miracle’s shareholders and investors. “I explained the nature of money and explained in detail the status of Sunyang Group in Korea.”
“Ajin Motors stock… ?”
“yes. “We received approval to acquire all stocks and demonstrate shareholder rights.”
First of all, I started with a good story. Give one and receive one. Isn’t it basic?
Oh Se-hyeon looked at Director Lee Hak-jae, whose expression brightened, and scratched his head as if he was embarrassed.
“But there is a condition. “This is a condition that cannot be compromised, so I hope the director understands.”
This is the one holding the money anyway. I had no intention of just throwing it away because it was money without a name tag.
Oh Se-hyun is a person whose instinct is to save even a penny and earn more. If you take advantage of this opportunity, you will receive a large amount of money again.
“It feels strong, right? In particular, the fact that no concessions can be made… … .”
“When deciding on the acquisition amount, we ask you to consider reality. “He was opposed to investing hundreds of billions of won in stocks of a failing company, stocks that might even end up being scraps of paper.”
Hakjae Lee thought about priorities.
The first thing is to take a close look inside Ajin Motors and find the number of cases that could hinder the acquisition of Daehyun Group.
This is my second time looking for slush funds.
Ajin Motors’ stock price plummets day by day. If you hold stocks and they turn into pieces of paper, you will suffer even greater losses.
“How much do you want?”
“Half, 50 billion.”
Lee Hak-jae’s worries did not last long.
“I accept it. But give it some time.”
“What if you say time?”
“Time to report to the president and persuade him.”
“Oh, of course we’ll have to wait for that. But you’d better hurry. The rumors going around Yeouido are worse than you can imagine. “It seems as if Ajin will go bankrupt tomorrow.”
“I know. But there is still plenty of time. “Our cruiser will make up the missing time.”
I could see the pride, or rather arrogance, expressed in the word pure yang.
“These days, Chairman Song of Ajin is jumping here and there and joining hands. Our president has already made several calls. Please consider Chairman Song’s request carefully. “Our president will probably decide when to reject his request.”
“Well then, anyway, please hurry. “Before our investors change their minds.”
Oh Se-hyun did not forget the last bluff. He is a person who knows that not giving people time to think is the best way to avoid losing control.
* * *
“You guy. Why don’t you go to school? “The president even called.”
“The goal is admission, not graduation. And I’ve only studied so far, but I also need to have some fun.”
“what? play? Is this guy even lying to this lady now? “Did I think you didn’t know that you go to Yeouido early in the morning instead of going to school?”
Oh my!
The contents of Assistant Manager Kim Yun-seok’s report reach up to my grandfather.
I thought Director Hakjae Lee would cut it in the middle… . Is he a man with nothing to hide?
“For me, that’s playing.”
“I heard that if you don’t have enough days of attendance, you’ll get a repeat grade, so I even gave you money through Sunyang’s scholarship foundation, you bastard. “How come your attendance fee is more than the tuition fee?”
Oh, I’m really going to turn around.
I was planning on going to college for 6 or 7 years, but my grandfather was getting in the way without me knowing.
I think I should at least take a leave of absence after the first semester. From the second half of this year to the first half of next year, you will be incredibly busy.
“Donating to scholarships is a good thing.”
My grandfather smiles and nudges me at my bitter expression.
“By the way, what are you doing all day in the Yeouido office? Are you learning something from this guy called Oh Se-hyun?”
“That’s the way it is. “I am currently studying about Ajin Motors.”
“what? “Ajin?”
You can’t help but be surprised. Our interests match.
“yes. No matter how you look at it, it looks like you’re going to go bankrupt soon, right?”
Grandpa looked at me with a very interested expression and opened his mouth.
“okay? “Why do you think that?”
“First of all, the financial world turned around, and last year, due to the good performance of Woosung Motors, sales of Ajin Motors were low. Of course, all liquid funds would have dried up… . “Because Daehyun Group started strangling us.”
“So what happens if we go bankrupt?”
“Someone will snatch it up quickly. “It’s like my grandfather snatched up Handa Steel.”
A smile slowly spread on the grandfather’s face.
Jin Young-jun, the eldest grandson who participates in management, may have been informed of this opinion, but it is clear that he cannot come up with it on his own.
“That’s an 80-point answer.”
“Why not a perfect score?”
“You have to guess who catches it to get 100 points.”
“Because no one knows that yet.”
“Didn’t you say it with your own mouth? “Daehyun Group is strangling us.”
“Has there ever been a time or two where you just turned on the water and ended up not even getting your money’s worth? “It’s hard to be sure until you get it in your hands.”
The grandfather’s smile disappeared and he continued to ask questions.
“Really? Even if Ajin Motors is put up for sale, there is no one to buy it. “You know that the atmosphere right now is unusual, right?”
“yes. “You mean the foreign exchange crisis that started in Southeast Asia?”
“okay. We also need to take care of ourselves. Several conglomerates have already fallen. So everyone either has no money or is saving it. Ajin only has purchasing power at the level of Sunyang and Daehyeon… . “I already spent the money.”
“Isn’t there still a place hiding beneath the surface? “For example, me.”
“Well, there might be a place like that…” what? “What did you just say?”
I wanted to speak carefully. She was so shocked that her grandfather’s chin trembled.
It would be a big deal if I collapsed like this, but I was too careless.
“Grandpa, are you okay?”
“Hey. This allowance is fine. She said she would repeat what she said a moment ago. “What did you say?”
“So, I could take over Ajin Group. “You didn’t hear it wrong.”
I spoke as carefully as I could, but it was no use. She even grabbed the back of her neck.
“Grandpa, are you okay?”
The grandfather waved his hand, picked up a glass of water, and began to drink it.
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