[133] Last outbreak at the end of the century 1
Oh Se-hyeon quickly shook his head. We have already confirmed the purchase of the site and the cost of building the store. To calculate the rate of return, it must be left in the hands of the executives and employees of the construction company.
“What would be difficult? Rather, it is not enough to bow my head and thank you. But I don’t think it’s just given.”
Oh Se-hyeon sharply examined her aunt’s face. After confirming his imposing expression, he slowly changed his posture.
They seem to be trying to show who has the upper hand here.
“I’m telling you in case you don’t know, but the cost is generous. It’s the amount set before the division of the affiliates… It’s a kind of insider transaction to drive work.”
“Then it’s more suspicious? Why is this good…?”
Pretend you don’t know and keep asking. It’s because the words you want to hear have to come out of your aunt’s mouth.
“Please catch your breath. I need to get out of financial pressure, but that’s the only way. I would like to ask you a favor.”
“Let’s do it on credit, that’s what you mean.”
In the end, you have to listen to the end of the request.
“I will pay including the interest from the business opening date. By division…”
Auntie said in a voice mixed with charm that was not even possible.
“Isn’t the contract already over? Sunyang Construction Department?”
“I can handle that. I’m going to protest the fact that the contract was tied up while being shackled with money. Besides, it’s a contract for insider trading, so there’s no problem.”
If it were me, I would never start a new business.
The timing is exquisite. Because by the time the hypermarkets are established and are barely breaking even, another crisis will come.
As the economy shows signs of reviving a little, a rosy future will be drawn in Auntie’s head now. I’m the only one who knows years from now.
“Anyway, there is only one deciding factor. How much collateral should I take as it is a credit transaction? Isn’t it?”
My aunt’s face is not good.
“I believed in a relationship of trust with former CEO Oh… but it’s a bit embarrassing to say it’s collateral.”
“If you borrow money from a friend and the bank at the same time, you usually pay the bank money first. That’s what trust is. Keeping the possibility open to my advantage. If it goes against me, I get angry at being betrayed. trust? They break down easily in front of money.”
In front of the resolute Oh Se-hyeon, the aunt was at a loss for words.
“uncle. Do you start working soon? How about reviewing this paperwork?”
At my glance, Oh Se-hyeon took the documents.
“Let’s find a suitable line so that we don’t feel sorry for each other. Then…”
He left the latter work to me.
As soon as Oh Se-hyeon left the hotel room, her aunt burst into a tantrum.
“What the hell is that little guy? I’m pushing you, but come out with that attitude!”
“Because I know what Auntie’s weakness is.”
“what?”
“He is a person who can see through the company’s affairs just by glancing at the accounting books. He noticed that my aunt was taken away from my grandfather before he even got all the shares in the department store. There is nothing to regret, so it comes out stiff like that.”
My aunt gripped the sofa handle tightly.
“Are you that desperate?”
“A department store or an executive in charge of distribution funds will know. It’s just that it’s difficult, so I can’t speak honestly.”
“Damn old man…”
It was annoying to curse at my grandfather, but I understand. He told me to become independent and gave him a fortune, but when I opened the wrapping paper, it was a pile of debt.
“aunt. Don’t you know yet?”
“what?”
He said calmly, as if to calm a nervous aunt.
“This is Grandpa’s test. If you pass this safely, the department store group will be in your aunt’s hands that day. The essence of your aunt’s business is distribution, so isn’t it sensitive to the economy and the rotation of funds? It must be tested.”
My quick-witted aunt understood exactly what I meant.
After thinking about it for a while, I asked for my opinion. I wanted to confirm my aunt’s greed.
“If it were me, I would postpone the plan for the large mart…”
“I told you before. That’s not allowed.”
“Then we must begin a drastic cleanup.”
“organize?”
“yes. A few golf courses are being sold and condos are being cleared for lower returns. Department stores and hotels are symbols, so let’s leave them as they are.”
Seeing as I was frowning as I spoke, it seemed that he had no intention of organizing it at all.
Well, it’s only natural that they don’t like it because it loses its shape when the housekeeping shrinks.
“It is not possible to organize assets for the time being. That, too, will be seen as a lack of ability.”
no. It is very common sense and normal management.
When cash is tight, the priority is to sell something to raise funds. Grandpa would also appreciate it.
“Your aunt thinks that the only solution is to get money from Miracle.”
“That is the simplest. Simple is best. know?”
I don’t know if it’s right to use it in this situation, but my aunt’s thoughts haven’t changed.
“Do-joon. Please talk to CEO Oh well. If I’m good, you’re good too. Aren’t we partners on the same boat?”
I have confirmed my aunt’s greed, and now it is time to confirm my faith. Thankfully, I even mentioned it in the first place.
“aunt. Be honest. Is the last appointment still valid? Does that mean you rode the same boat?”
The bewildered aunt does not give an easy answer. I knew it would be like this.
“are you okay. I understand.”
When I smiled and nodded, my aunt was even more embarrassed.
“understanding? What do you understand?”
“My aunt will separate the affiliates and become the actual owner by the end of this year at the latest, but I am uncertain. There is no guarantee that I will receive the financial department. In other words, your aunt is bills before cash.”
“Isn’t it? Oh don’t get me wrong It’s not that I don’t like it. Like you said, when the inheritance between the two of us is over, of course we’ll hold hands. It’s just that nothing has been confirmed yet, so it’s a bit premature to give a definite answer.”
I knew my aunt’s heart enough. I honestly had no intention of joining hands anyway. It must have been all about using me.
I just have to complain about this woman’s greed. It’s because she’s not a woman who’s satisfied with department stores.
“By the way, think about your aunt.”
“what?”
“I might change my mind if I had Sunyang’s financial affiliate. Even Sunyang Life alone is worth more than everything Auntie has. At that time, my hand may be directed to my uncle.”
My aunt was taken aback by my unexpected words, but she ignored them and stood up.
“Anyway, I’ll ask CEO Oh. This is a separate issue.”
* * *
After receiving the proposal from my aunt, the outline came out only after a month.
It was only a bundle of information that accountants gathered and reviewed the debts shouldered by Sunyang Distribution affiliates and the flow of funds.
“The large mart construction is still being analyzed by HW Construction. Let alone the required funds, we started crying because our hands were not enough. Because it’s time to pour all our resources into DMC.”
“Let’s find out about subcontracting companies. It doesn’t make sense that we can’t do it because of a lack of manpower in a recession like these days. More than that, how much money does Auntie need?”
Oh Se-hyun shook his head.
“I need a blood transfusion of 400 billion right now. Otherwise, the interest cannot be paid. All the money that department store hotels make is about to go to interest. Wouldn’t it be overdue if only one month of sales collapsed?”
“Grandpa is a bit harsh.”
“There is nothing more to check. This is a debt inheritance, not an inheritance. I sent it with a lot of debt from affiliates.”
“But for me it is an opportunity.”
“why? Are you going to swallow the department store?”
“What money can’t buy is Sunyang Group’s controlling stake. Aren’t they stocks that only run within their own fences?”
“If you don’t stick to Sunyang, you can use that money to find a better company… no. Quit. Originally, a dream is not something that can be calculated with rational thinking.”
“It’s irrational right now, but once you sit down as the CEO of Sunyang Group, everything becomes rational. That seat is not a symbol of money, but a symbol of all power.”
Bill Gates is under the supervision of state power agencies, but Chairman Jin Yang-cheol lines up state power agencies. My grandfather’s seat is more suitable to satisfy my desires.
“What do you want to do with that power?”
“I will think about it after I hold it in my hand. First of all, we will support 400 billion won.”
The 1.6 trillion won that I exchanged with my grandfather for 1 billion dollars remains intact. No matter how difficult the department store group is, what sustains them is money, which is no problem at all.
“The collateral must be stocks, of course, right?”
“Yes. I need to get shares of Sunyang Distribution, the parent company. I’ll have to calculate the stock value first, but my aunt will have a headache. Hehe.”
There was a knock when a joyful laugh broke out.
“CEO. Are there guests?”
Oh Se-hyeon’s eyes widened when he saw the business card the secretary gave him.
“uh? Is this friend…? I ask you to come in.”
As I tried to stand up to get out of the way, Oh Se-hyeon beckoned.
“are you okay. Just stay here. He’s someone you can talk to.”
The man who entered through the door bowed his head toward Oh Se-hyeon.
“Seniors. Long time no see.”
“Hey… who is this? Lee Sang-soo! Why is a popular venture entrepreneur here…”
For a successful venture entrepreneur in his early 40s, his appearance was shabby.
His shirt collars and sleeves were covered with dirt, and he had messy hair and a rough beard. He looks like a fugitive.
Oh Se-hyun, who was shaking hands, also noticed something strange.
“But why are you like this? Is your business not doing well?”
“no. I’m so busy these days… I forgot to change clothes. sorry.”
“no. What if you’re busy? I’m busy because it’s so popular…”
Lee Sang-soo’s eyes turned to me.
“Oh hello. A friend who works with me Would you say that he is a very talented person? haha.”
Lee Sang-soo held out his hand first.
“I am Jin Do-jun.”
His eyes changed.
“Could it be the Sunyang Group…?”
“Ah yes.”
How did you know? Seeing that Oh Se-hyeon looked a bit surprised, it seems that he never mentioned me.
“okay. I heard that he is still a college student…”
“This friend is a lame student. He spends more time beating me here than at school. haha.”
Oh Se-hyeon smiled and said, but his expression did not loosen up at all.
“I have heard a lot of rumors. An outstanding talent has emerged from the Sunyang Group.”
“Are there rumors going around?”
Oh Se-hyun and I were also surprised. However, if you think about it for a bit, I’ve already stepped up to the front a few times, so it’s more strange that rumors don’t circulate.
“yes. There is even a rumor going around that Miracle Investment is actually owned by the Sunyang Group and managed by Jin Do-jun, the grandson of Miracle Investment.”
This is because of the acquisition of Sunyang Motors. There is no one in this world who does not know that his grandfather is not someone who would easily hand over a heavy affiliate.
“It’s nonsense. It wouldn’t be bad for me to spread such rumors, but…”
Lee Sang-soo nodded and took out his business card.
“New data technology. CEO Lee Sang-soo.」
Ah, that person.
Along with Gold Bank, he is a living witness to the reality of Korean venture business. No, a person who will become a living witness of the future.
If Gold Bank, which was in the limelight as a representative venture company in the late 1990s with the idea of ‘paying cash when you see an advertisement’, caused the first venture wind on the KOSDAQ in October of last year, New Data is the company that created the most powerful typhoon.
Gold Bank has soared from the current face value of 500 won to over 10,000 won. Don’t ask, he is the master of investment. Gold Bank, which has made a lot of money from the rise in stock prices, is now hanging around saying it will take over the credit union and the professional basketball team. Anyway, next year, I’ll be sidetracked.
Lee Sang-soo is the representative of a company that is more anticipated than Gold Bank.
Why did he appear so shabby?
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