[138] The last outburst at the end of the century 6
“Have you seen the news?”
“yes. The Woosung Group?”
“okay. State creditors have been contacted. Is there any intention to take over…”
While I was thinking about how to say something to Oh Se-hyun, this word came out first! no way?
“no. They told me to choose among affiliates. Because the only place where we can afford funds right now is foreign investors.”
“How is your industry reputation? Do you have any useful subsidiaries? They say accounting fraud and everything is insolvent.”
Let’s start with negative opinions pretending not to know, Oh Se-hyun nodded his head.
“Only the exposed debt is 3 trillion. This means that all subsidiaries are in debt. There is nothing to take over.”
“Not even one?”
“I heard that Woosung Marine & Shipbuilding has already won a considerable amount of orders. I think it’s the best…”
“Uncle. Did the creditors make a sweet offer?”
“How did you know? There are no ghosts.”
Seeing the surprised Oh Se-hyun, the grandfather’s meticulousness stood out more.
They have already given word to the creditors and are driving them towards us.
“I promised debt relief. He said if we’re interested, we can meet and negotiate. I’ll make sure you don’t lose anything, so please come out with a light heart.”
“you’re right. There will be nothing to lose.”
“What happened?”
Realizing that it had already happened, Oh Se-hyeon let out a short sigh and started looking at my mouth.
“Actually…”
Oh Se-hyeon also noticed when I told him the conversation I had with my grandfather.
“Put in the contract with your aunt? scent! He is a really scary man.”
“I don’t know if there is a deeper meaning, but for now, we have to go out and bring it with our guns.”
“Isn’t that just a threat? Shall we give it a try?”
“My grandfather didn’t say anything when he saw the contract. There’s no way someone wouldn’t know that the department store group will fall into our hands if things go wrong.
“But tossing out the contract is complete blackmail.”
threat is right. The first thing to do to get the department store group into our hands is that the grandfather has to put all the shares in Sunyang Distribution and hand it over to his aunt.
If this share transfer does not take place, Miracle has lent 400 billion won without collateral and has done a very stupid thing to do with large mart construction with full deferred payment.
But this is just a threat like aegyo.
“My grandfather asked for it that way. It also means pretending not to know that we occupy the department store group. Since I have received something, I have to do the request.”
“It is you, not us. Let’s be honest, man.”
“Then I will change my mind. I’ll take over the department store. After taking over Woosung Marine Engineering & Construction, your uncle can make a huge profit when selling it to Sunyang Group, right?”
“Are you going to give me all of that profit?”
I know it’s a joke, but I’m serious.
“of course. Take it all as a CEO special bonus.”
You’ll know by the look on my face that I’m not joking at all. Oh Se-hyun’s mouth was already closed.
When was the last time Oh Se-hyun declared that he would retire after only working for 5 years? To get this done, you’ll have to put off retirement.
It is not a waste of money in order to hold on to Oh Se-hyun even a little longer.
“Let’s stop moving and take care of more urgent matters first. The listing of New Data Technology is less than a week away. right?”
“Oh that… yes. It’s already prepared. The players are waiting. I will buy little by little from the first day of trading. Within 10 days, stocks will come in as much as our funds.”
“When will the operational forces come in?”
“I didn’t come in at first. Anyway, there is such a thing as listing, so even if you let it go, the stock price will go up. Even if you come in soon, it’s 3 weeks later. We only need to secure stocks before then and decide when to sell.”
Oh Se-hyeon looked at my expression and said softly. Suddenly, the surprised expression disappeared.
“Are you really going to leave the takeover to me?”
“yes. I have to negotiate with my second eldest father anyway. Heavy industry is his business. Aren’t you a tough opponent?”
“Hmm…”
He stood up, avoiding the eyes that were checking to see if he was hiding something.
“I am going to see my grandfather. I have to tell you that I will proceed with the acquisition of Woosung.”
“hey! where are you going My story is not over.”
I ran out of the office as if I were running away, leaving Oh Se-hyun screaming.
* * *
“Why? no? Don’t you like it?”
“Oh no. It’s just a little surprising.”
“Unexpected? Is it surprising that you quickly snatch something cheap and good when it comes out? Of course.”
Vibrator came running after receiving a call from his father, Chairman Jin. And when I was told to take care of Woosung Marine & Shipbuilding, I was overjoyed.
It was confirmed that the heavy industry construction part was entrusted and the succession work was carried out. This time, I didn’t even look at it, and I didn’t even look at it.
However, I was surprised to hear that they would double the growth of Joseon. It can also be interpreted as meaning that you believe in yourself.
“But Father. If we were to take over Woosung Shipbuilding in our current position, we would doubt the true intentions of the ongoing restructuring.”
In the name of restructuring, succession work is underway. The labor union, which is like a thorn in the eye, is about to be smashed at this opportunity. Since the entire group was having difficulties, it was natural to cut people off, and a social consensus was formed.
This golden opportunity cannot be blown away by acquiring Woosung Shipbuilding. This is because it is absurd to proceed with an acquisition that requires a lot of money, saying that the group’s circumstances are difficult.
“So I’m going to put up a substitute. When the pinch hitter takes over and the world calms down, you just have to get it.”
The vibrator suddenly reminded me of someone.
“Is that substitute a miracle?”
“You know that. Right now, only foreign investors can move that amount of money. Miracle also has a close relationship with us, so wouldn’t it be appropriate?”
I really wanted to ask and I wanted to confirm. What is that close relationship like?
However, it was obvious that if I asked hastily, only screams would come back.
“Did you say you would cooperate?”
“okay. Acquiring a decent company cheaply and selling it expensively a few years later isn’t Oh Se-hyun’s specialty? can’t refuse Because I will actively help with the takeover.”
“Then I will meet Oh Se-hyun. Since it’s just borrowing the name, I’ll take care of the takeover myself.”
“I won’t be lighthearted.”
“yes?”
“This is Oh Se-hyun. Thank you for taking care of it yourself. Let’s do well.
“What are you talking about…?”
It’s a vibrator that fully understands what you’re talking about.
However, since now is a great opportunity to confirm that close relationship, I pretended not to know and looked at my father.
“I said I would provide a substitute, but I didn’t say I would run errands. Isn’t it common for a pinch hitter to hit a home run at bat? I’m not the kind of person who will listen to you.”
“Are you saying that if you take over Woosung Shipbuilding and smell the money, you might not be willing to hand it over?”
“okay.”
Vibrator bit her lip to avoid showing embarrassment. Am I wrong? Isn’t Miracle your father’s company?
At his father’s hidden company, he is satisfied with running errands and does not aim for a home run. If so, there is only one answer.
“I will take good care of Oh Se-hyun so that there is no problem.”
“Can I believe it? Woosung Shipbuilding & Marine Engineering is a necessary company to lead the LNG carrier industry. You must never miss it.”
“yes. don’t worry too much We will make sure there is no disruption.”
Seeing the dignified second son, Chairman Jin smiled calmly.
“Motivation. You may not be dissatisfied, but you should keep in mind that this is for the best.”
Vibrators know what this means.
“There will be opportunities in the future. If you don’t miss that opportunity and grow the company, it will be as big as the current Sunyang Group before you know it. I believe I can double what you and your brother have.”
My father spoke warm words like never before, but Vibrator only half believed it.
Whenever comforting or soothing words are spoken, they are always hiding something. It’s not something I’ve experienced once or twice. I know very well that he is a father who will never change no matter how old he gets.
But I know very well that I always have to give the answer I want.
“yes. We will do as much as you expect.”
Vibrator bowed her head and left the study.
“Oh, it’s hard. I would die trying to soothe my grown-up sons and make them work.”
* * *
“Thank you very much, Mr. Oh. You already know that it is an agenda that our Sunyang Group considers very important, right?”
“What can I do? I heard that President Jin has already coordinated everything.”
“It would be nice if things went as easily as they were coordinated… but what about work? There are bound to be guys who catch their ankles here and there.”
Oh Se-hyeon took a closer look at the vibrator, which had only exchanged greetings a few times as if passing by.
This is the place to check Jin Do-jun’s evaluation that he is the best among the three.
From his not arrogant first impression to his quiet tone, it was immediately apparent that he was a serious person who did not easily reveal his true feelings.
“Those who don’t know that Sun-yang has made a fortune will attack to catch her ankle. In any case, please lead the vice president well.”
I’m surprised
Isn’t it a humble look that is completely different from the words of his younger brother, Jin-Sanggi, who complained that his arrogance stabbed the sky?
After confirming each other’s first impressions, the airflow between the two became much warmer. Vibrator did not miss this opportunity.
“I heard that you take and teach our youngest nephew. How is it? Our Do-joon.”
“Um…”
Oh Se-hyeon paused for a moment. I thought it would be better to tell him what he wanted to hear.
“I am a natural gambler. Should I say he’s the complete opposite of his father, Yoongi?”
“A gambler?”
“yes. He is quick-witted, bold, has a lot of guts, knows exactly when to fight and when to back down… Above all, he has an excellent ability to read the market situation.”
“So, it’s a compliment that you are qualified as a Yeouido Securities Man or an investor.”
“Exactly. You are better than me these days. Now I go to the poker table by myself.”
Vibrator chuckled.
“The qualities of a gambler you mentioned are not necessarily valid only in poker.”
“yes?”
“Those qualities are exactly what we look for in a manager. Isn’t it?”
usually exceeds Do-joon meant that he did not go out of the investment company.
“Ah, I heard that too. By the way, Vice President. Surely you are not wary of your young nephew, are you?”
I scratched my pride, but even this didn’t work. Vibrator still tilted her head and said.
“I don’t know who the next president of Sunyang will be, but Do-jun is definitely the 3rd president. It’s me, all I have to do is to take care of my part so that Do-joon doesn’t look over it. So won’t my children not starve? haha.”
Seeing the vibrator that even showed a shy smile, Oh Se-hyun knew that Do-jun saw the person correctly.
And he was certain that he was already considering Do-joon as his competitor.
“Now then, shall we check the creditors’ proposal first? how…? Would you like to see the Vice President? Or will you entrust it to a trustworthy executive?”
“Let’s see it together. You have to take care of it yourself, as your father asked you to do. It’s a game-changing task in the shipbuilding industry, so it’s not okay to leave it to the staff, right?”
There is no way the vibrator will miss a good opportunity to gauge Oh Se-hyun’s bowl while exploring.
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