[217] Front wave 1
I ran as soon as I received a call from Vice Chairman Jin Young-ki. Since Oh Se-hyeon swept past, everyone must have knocked on the calculator.
I’m sure I’m still trying to figure out how much the bleeding is and how exactly the change in the share structure has happened.
When I opened the door to the vice president’s office and entered, the first uncle greeted me with a bright smile.
“Come on, Dojun.”
Isn’t it about money? But in this case, it is better for me to strike first.
“Uncle. sorry.”
My uncle, who lowered his head and realized what it meant, straightened me up.
“no. What do you have to be sorry for?”
As expected, even if I die soon, I am a person who can never say a word that will fall.
I don’t think the words to ask for the money I gave back will come out.
“In terms of morality, I have to return everything except for the appropriate premium…”
My uncle’s eyes are bright when he glances at him. Expectations will slowly rise. Forcibly tearing it off is a bad thing, but there’s no way I’ll refuse to give it to you.
“It was pouring water into a bottomless dock. As soon as the money came in, they said that it was used up to pay off short-term bonds at Life Fire Capital. They said they couldn’t help it because foreign capital was running out right now…”
My uncle’s eyes were full of disappointment, but another word came out of his mouth.
“I’m glad it helped. Can I use it if I separate companies to put out urgent fire? We are a family, so we take care of each other. are you okay.”
It’s not a word that comes out of the mouth of a person who ruthlessly rejected his younger brother who asked for an emergency loan, even though he’s a family member, but I nodded as if it were natural.
“Thank you for your understanding.”
As I put my butt on the sofa, my uncle started telling me the real business that called me.
“I called you because of the stake structure, not anything else.”
share?
Both of them reached out to CEO Oh Se-hyun, and only Vice Chairman Vibrator achieved half success. At least he has been able to keep his current position.
Since I failed to capture Oh Se-hyun, the major shareholder, am I trying to attract even 10% of my own?
“For now, listen to what I have to say.”
“yes.”
“I had some discussions with your second eldest father. I’ve come to the conclusion that I can’t do it in this state.”
“…….”
I have no choice but to listen to the end. What’s wrong?
“The pillars in my house are being eaten by moths.”
“Are you talking about Representative Oh Se-hyun?”
“okay. I’m pulling out the exact figure right now, but even with a rough calculation, I think the 23% share will exceed. Do you think this makes sense?”
“….”
Let’s listen to the end regardless of whether it makes sense or not. What’s up?
“If he ever thinks otherwise, we might get into trouble.”
“If you think differently…?”
“If Oh Se-hyun requests an extraordinary shareholders’ meeting, all affiliates of Sunyang have to hold a shareholders’ meeting. Besides, he is a financial expert. What if he said he would look into the entire accounting books of our Sunyang Group?”
It is better for the National Tax Service to attack Sunyang Group by threatening to rob it. You can call here and there and ask for help, or you can mobilize the media to create public opinion calling for the killing of conglomerates.
However, when the major shareholder attacks, it turns into an internal problem.
I have to let go of both hands and accept Oh Se-hyun’s microscopic investigation intact.
It is likely that several executives or CEOs will be sued.
“I will ask you in advance so that this does not happen.”
My uncle waved his hand.
“I am not saying this to make you do that. It’s just a temporary solution anyway. And this is a big deal for you too. It’s not the time to let your guard down just because you’re close.”
“me too?”
“okay.”
I know my only weakness. And everyone in the family knows. Even the whole people know.
It’s an inheritance tax.
Although he inherited a financial group with a corporate value of over 10 trillion won, he paid less inheritance tax than a person who inherited a single building.
Everyone deserves to be outraged, but they forget everything with just one swear word, such as Fucking Nimmy, as if they are already used to the behavior of these conglomerates. Because they think the world they live in is different.
If you think it’s a different world, there’s nothing to burst into anger. Because other worlds have different rules.
And I use the expression expedient rather than illegal.
If you look at each one, you may be able to find illegal elements, but it is vaguely overlooked by the word expedient.
“Couldn’t it be CEO Oh… ah no.”
He smiled and waved his hands vigorously, but since the purpose was different, the uncle did not let go of his hard expression.
“Don’t think about testing just because you’re close. Think of the money Oh Se-hyun has invested so far. Maybe he is targeting the Sunyang Group with foreign capital on his back.”
The direction is headed in the wrong place, but it is accurate to feel the crisis.
“Uncle. I think you’re overreacting a bit? CEO Oh is best friends with his father. And it’s too weak to look beyond Sunyang.”
“So I have to get your promise.”
“A promise?”
“okay. What would you do if Oh Se-hyeon approached your father and you and started talking nonsense? If he and you hold hands, you will become the second largest shareholder at once. You can dream enough vain dreams.”
My uncle glanced at me with a sidelong glance and threw out a word.
“I plan to take a look at the controlling stake. Know that and cooperate with me too. That is a promise.”
Here’s another overzealous look.
No, is it anxiety this time?
Transferring stakes in subsidiaries is not an easy task. There have been rumors that the Fair Trade Commission gave up while examining Sunyang’s cross-shareholding structure.
It’s hard for experts to look at the structure, but change the structure?
“Wouldn’t it be easy? It is necessary to completely move the shares tied up in cross-shareholdings. Shares in other affiliates are company assets that must be bought and sold to each other in order to move them. If you make a mistake, even the CEO’s breach of trust…”
“I’ll take care of that. I know very well that it is not easy. It’s impossible to get rid of it all at once. We will proceed very slowly and carefully.”
Right now I have no choice but to agree unconditionally. Changing the stake structure may be true or it may be to test me.
Useless opposition only deepens suspicion.
I know very well that the doubts of the two uncles have never stopped.
“All right. Please let me know whenever you need my voting rights.”
At the answer without hesitation, the uncle showed a satisfied smile.
“okay. You accept my opinion, so my heart is lighter. haha.”
My uncle’s smile was forced.
Are you trying to force my smile too?
I left the main building in Sunyang and headed home. I got a lot to think about.
* * *
Only one person knows the exact structure of the group’s stake.
It is Lee Hak-jae, chief of staff.
What I’m curious about is whether it is possible to transfer the shares without going through this person’s hands, and whether Vice Chairman Jin Young-ki went through discussions with Chief Lee Hak-jae.
If the two of you have discussed the matter, the stake transfer will definitely go ahead. And does Grandpa know about this?
If you want to think about complex variables, you have no choice but to check each one accurately.
I finally called.
A person who asks how they are doing face-to-face once or twice a year A person who speaks on the phone once or twice a month But someone you can trust.
When I told him to come home after work, he readily ran.
“You gave me a call first for some reason…”
Deputy Kim Yoon-seok came in with a smile, holding a plastic bag with a few cans of beer and snacks at the convenience store.
“What is it? I know very well that I didn’t just call to see your face. haha.”
After a brief laugh, we started drinking beer.
“Has anything unusual happened lately?”
“No. It’s no wonder that the president has retired… the entire secretary’s office is free.”
Deputy Kim Yun-seok seemed to have fully adapted to the secretarial office, and was full of leisure.
“Does Hak-jae Lee still serve as chief of staff these days?”
“yes. It’s still a bag mochi, but at least he treats me comfortably.”
“Has Chief Lee Hak-jae met with the two vice presidents recently?”
Deputy Kim Yoon-seok searched for a while and then shook his head.
“We could meet after I get off work, but at least we haven’t met during the day.”
“There were no special instructions? For example, the issue of the group’s stock holdings…?”
“Not at all. As I said, it’s really free. It’s been a long time since the two vice presidents kept their distance from Chief Lee Hak-jae.”
The two uncles have no intention of inheriting the person closest to their grandfather. They want to make the new chief of staff they raised themselves like Lee Hak-jae.
Deputy Kim Yoon-seok glanced at me and cautiously said,
“Can I ask what’s going on?”
“Vice Chairman Jin Young-ki said he would change the holding company. It’s unclear whether this is meant to tease me or to actually put it into practice.”
Yunseok Kim was not very surprised. Seeing as he doesn’t show his emotions, he seems well educated.
“When it comes to equity issues, it would be difficult without going through Chief Lee Hak-jae. Because I have a tight grip on the legal team that is only in charge of the stake.”
“It’s not impossible if you do it covertly on your own. It just takes a long time.”
Kim Yun-seok hesitated for a moment before opening his mouth.
“I’m a bit cautious about saying this, but if the vice president wants to transfer the shares himself… it will only be possible if Chairman Jin isn’t there.”
It means that my grandfather has to die.
“Does Chief Lee Hak-jae still have a lot of straws?”
“yes. In each affiliate, there are many people under the head of Lee Hak-jae. Every day, they report to Chief Lee, and Chief Lee reports directly to the Chairman.”
Kim Yun-seok quenched his thirst with a sip of beer and said.
“Shall I report this?”
“To this manager? What if I asked how you found out?”
“Ayy, even Chief Lee Hak-jae knows who I am.
“no. Let’s just leave it alone. It’s hard to put it into action right away, so I still have some time.”
My uncle also said it clearly. Proceed very slowly and carefully.
As Kim Yun-seok said, it seems that after making a plan, when the grandfather dies, it will be dealt with at once. Of course, before that, I’d have to sort things out from Chief Lee Hak-jae.
“Let’s ask a question.”
“yes.”
“What do you think, Chief Lee Hak-jae? Grandpa has retired, so how long is it not possible to keep that position?”
“Because of that, the number of times I drink in the evening has increased, probably because my mind is complicated these days. I’m still too old to retire with the president…”
“I’m the same age as my first uncle, so I can work for 10 more years.”
However, Lee Hak-jae is now a person who has become a gag in the group.
“Chief Kim.”
“yes.”
“Is there anything Director Lee Hak-jae wants? No, would you still want to stay in Sunyang even if your grandfather wasn’t there?”
Kim Yun-seok answered without the slightest thought.
“I will wish that President Jin will be the president forever.”
It means that he wants to be a second person forever.
If so….
“Assistant Kim. Didn’t you say that Chief Lee Hak-jae likes to drink these days?”
“yes. He sends our entourage first and often has time alone.”
Yunseok Kim said something without even asking if he had read my meaning.
“There is a quiet bar called ‘Sang’ in Gangnam. It’s a regular there.”
“Then next time you stop by, let me know right away.”
“All right.”
Yunseok Kim smiled. It was a smile that showed the anticipation that his role would shine.
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