Son of a Conglomerate at the Highest Level
Chapter 102
< Negotiating with Grandpa (1) >
Taesung Group headquarters conference room.
The presidents and executives of all affiliates of the Taesung Group, who were contacted by the secretary’s office, gathered one after another.
“Have you seen the news? Wookwang Group Chairman Kim is stepping down as general manager.”
“The reason why the executive meeting was suddenly held was probably to discuss the acquisition of Wookwang affiliates in more depth, right?”
“I guess that’s why Taesung Chemical President Sim was called here.”
Executives of Taesung’s affiliates glanced at Shim, the former president of Taesung Chemical.
A middle-aged man sitting next to Sim cleared his throat and asked a sneak peek.
“President Sim, do you have any plans for the re-acquisition of Taesung Chemical?”
“As I said before, it is a secret for security reasons. We would be obliged for your cooperation.”
President Shim cut it off as if it was a nuisance.
However, several presidents of other affiliates joined in and quietly asked.
“Didn’t you take this opportunity and set the terms of the re-acquisition negotiations in the contract in advance?”
“Let’s not be too strict. We need to know your plans so we can join hands.”
“It is better to add ideas and to persuade the president with a group rather than alone. is not it?”
His expression looked like he had a lot to say, but Shim stubbornly kept his mouth shut.
“If President Sim brings back Taesung Chemical, there will be no other way to return home. Congratulations in advance.”
“Right! It’s because Master Seong-joon broke off the engagement and brought back Taesung Chemicals, which he lost without even using his hands, with one contract.”
“I heard that there is a reason why the chairman readily gave away full authority for the merger and acquisition of Taesung Chemical. Didn’t you see right through to this moment?”
Then Secretary Kim entered the conference room.
“President Shim, you should go up to the chairman’s office.”
“So be it.”
Shim stood up from his seat without saying a word.
He opened his mouth only after arriving at the door of the president’s office.
“Is it also because of the reacquisition of Taesung Chemical?”
“Perhaps that is the case, but maybe he has called you to something bigger.”
“A bigger job?”
Sim’s expression hardened.
“Secretary Kim, I’m telling you in advance just in case, I have nothing to do with the arson at Woogwang Chemical Plant. innocent.”
“I know.”
“hmm?”
“You don’t have to worry. Maybe it’s a good thing.”
“Good things?”
Secretary Kim smiled and said nothing more.
“Now that we’ve come this far, we should listen to the president himself.”
When he tried to knock on the door of President Shim’s office, Secretary Kim raised his arm to block it.
“Not yet.”
“why? I heard the president called me?”
“Chairman is currently alone. It is an important matter for the future of the Taesung Group, so please do not interfere.”
“Who the hell are you going to be alone with Taesung and leaving the executive meeting of all affiliates? Then why did you call me?”
“You will know that when you go in.”
* * *
In the chairman’s office at Taesung Group’s headquarters, I had a private meeting with my grandfather.
With an expression of disbelief, my grandfather read and reread the handwritten thank you letter he had sent me.
That’s right, there’s nothing to change.
“Jeonghyuk, why are you holding this?”
“Why are you asking me if your grandfather sent it?”
“I can’t believe that Jeong-hyeok helped Tae-seong all along… I can’t believe it!”
Is this so unbelievable?
“It was a thank-you letter for drawing the subway map and giving me the information about the oil crisis.”
“…!”
“Three notes that my father sent when he received an invitation to the Blue House New Year’s luncheon with three drinks at a drinking party with the president. He said he was grateful for that.”
“…!”
“I trust documents more than words.”
Grandpa sighed deeply and set the letter down on the parlor table.
“good night. tell me I promise you a solid reward as much as you did for Taeseong.”
“I want my mother to take Taesung Chemical with her in a coma when she gets married.”
Isn’t it the family and the money that matter in a chaebol family marriage?
Even if I can’t do anything to my mother’s family, I plan to provide a decent coma and burn the flower palanquin.
“My marriage with Woo-gwang broke because my father chose me and my mother. Not only my family members, but also the presidents and executives of affiliates are looking at it with disapproval.”
It was something I had already experienced while eating rice cake soup on New Year’s Day.
What would have happened if I hadn’t roasted and boiled my aunt beforehand to receive support fire?
Even though the grandfather cut it off and put an end to it, the presidents of affiliates may have kept their mouths shut, but their eyes did not change.
-Because of someone, Taesung Chemical, which has grown into a 30 billion won company after 7 years of painstaking work, was blown away in vain!
It was the reason for the unspoken accusations against the family of three.
Our hat was to be treated as a burden that blocked my father’s path.
That flaw would always hold me back.
So it was.
‘Why did I plan the 3rd stage of the sinking of Woogwang?’
First, catch Woo-gwang’s weakness.
Second, expose Woo-gwang’s private parts and drown him.
Third, withdraw Wookwang’s affiliates.
‘I’m right in front of the last step, the harvest of affiliates. It’s something that must be negotiated.’
I took the three-page contract out of my coin purse and pushed it toward my grandfather.
“When I handed over Taesung Chemical, I put in some special contracts. Do you remember?”
It was a contract related to the merger and acquisition of Taesung Chemical.
“Woo-gwang can’t afford to pay the short-term bill for the acquisition of shares in Taesung Chemical right now.”
Woo-gwang is sinking.
“I won’t spend all my energy squeezing money I don’t have to take care of chemistry, which was someone else’s bread.”
“Yes, I’d rather deliberately bankrupt Wookwang Construction and turn the promissory note into scraps of toilet paper.”
“It doesn’t matter. Bankruptcy is also regarded as a time when the bill payment date is impossible, so it is enough to bring Taesung Chemical back.”
I grinned.
“Rather, that would be better.”
“why?”
“In that case, you will be able to eat Taesung Chemical and Wookwang Securities daily as per the contract without going to the reacquisition negotiations. Buying even the bankrupt Wookwang Construction at a bargain price is a bonus.”
I pushed the contract all the way in front of my grandfather.
“Chemistry that won’t cost you a penny anyway, and you get it back, please give it to my mother.”
“Can not be done. Taesung Chemical belongs to your father.”
Grandpa just cut it.
“I can’t take my baby’s rice bowl and put it in my daughter-in-law’s hands.”
“Isn’t the story over when Taesung Chemical, which belonged to my father, was handed over to Woo-gwang?”
I tapped with my fingertips the part of the merger and acquisition agreement, which is the acquisition amount, ’15 billion bills’.
“Why did I make a three-page contract?”
“What, what are you making?”
“You dared to put conditions on the reacquisition negotiations. Why?
“no way······!”
“If you don’t believe me, ask Mr. Sim. He’ll be waiting outside the door of the president’s office right now.”
“Sir, are you there! Come in if you have!”
Grandpa shouted.
As if he had waited, the door to the chairman’s office burst open, and President Shim entered with a firm expression.
“Chairman, did you call?”
“Who wrote the contract for the merger and acquisition of Taesung Chemical?”
“It was written by Master Jeong Hyuk.”
“Didn’t Jeong-hyeok write down what you were calling?”
“President, do you think that makes common sense? I would rather have typed it myself, but there is no way I would have a child who did not go to elementary school dictate to a typewriter.”
“…”
“Besides, that was a merger and acquisition contract with Woogwang that cost 15 billion won. Unless I go crazy.”
Grandpa closed his mouth as if speechless at President Shim’s words.
“By the way, the special agreement regarding the re-acquisition negotiations was also prepared by the young master.”
“her?”
“The only thing I added to that contract was the last special clause handwritten down there.”
Grandpa checked the end of the three-page contract.
<Taesung does not exert pressure, such as pressing for delinquent bills by maturity, but Wookwang Securities, which is collateral, is also processed in lieu of the terms of the re-acquisition negotiation.>
Grandpa burst into laughter.
“Does this make sense? Jung Hyuk is only eight years old!”
“Yes, the moment I accepted that contract, I felt exactly like the chairman. But what would you do? It is a reality that this happened right in front of my eyes.”
“her······!”
“As expected, I decided to accept the chairman’s lineage, thinking that even though he was young, he was different.”
“This is one…”
Grandpa took a deep breath.
“No matter how much my grandson looks like me, he’s still only eight years old…”
“I mean.”
“Does it make sense that an eight-year-old wrote a merger and acquisition agreement with Woo Kwang?”
“Isn’t it absurd? Because I was just like this.”
“He said he made a proper contract with only the core points like this…”
“I mean. Anyway, I was just telling the truth.”
Sim shrugged.
“One of the two duties I announced while eating rice cake soup on the first day of the new year was to bring back Taesung Chemical. That was also your blueprint.”
“…!”
“Actually, what I was thinking was to somehow drag on the takeover negotiations with Wookwang and steal Taesung Chemical’s property metallurgy and metallurgy, leaving only an empty shell.”
“That means…!”
“There was almost a fire at Taesung Chemical, not at Wookwang Chemical. Wasn’t it an arson planned from the beginning to get the president out of the general manager position?”
“Mmm!”
“Do you know how many cold sweats I broke out? If there had been an explosion at Taesung Chemical, the chairman and I would have been in the rain.”
Sim looked back at me.
“Thanks to the young master’s foresight, disaster was averted. That’s why it is the president’s blessing, and isn’t it Taeseong’s blessing?”
“Honestly, our Jeonghyeok is lucky. Was it to the extent that the whole family dreamed of riding the yellow dragon at the same time?”
My grandfather, who said he never believed in superstition, was nodding his head with a spleen expression.
“But Taesung Chemical…”
“Thanks to that contract, Taesung Chemical was able to eat it raw anyway. Please do as you wish.”
“This is Taesung Chemical, which you have been raising with great care for 7 years.”
“It was the chairman who threw it to Woo-gwang to arrange a stake, and it was Jung-hyeok master who brought it back.”
President Shim cut it off.
“You did a great job. Instead of blaming your age to disparage your achievements, I ask for a generous reward.”
Grandpa looked at me.
“If you don’t want to hand over Chemistry in your daughter-in-law’s name, please pass it over in Master Jeong Hyuk’s name.”
“In the name of Jeonghyeok?”
“Think of it the other way around. If Woo-gwang came out to liquidate his stake, Tae-seong had to vomit all 15 billion won. But what about now?”
“······We ate all of Woo-gwang’s 15 billion won share raw without spending a single penny.”
“Woo-gwang ate all the swearing, and Tae-seong didn’t lose any of his employees, factories, or shares, and ended up clearing up only the troublesome joint stake of 50%. thanks to whom?”
“Kuhm!”
“It is thanks to this contract written by Master Jeong Hyuk. Isn’t it?”
Sim put a wedge into it.
“Where is that? Wookwang Securities, which was held as collateral, was also included as a bonus.”
Sim sat down on the sofa next to me.
“Even if the stock has plummeted, Wookwang Securities is a worthwhile company that can only be acquired with 8 billion won. I will benefit greatly thanks to you.”
Grandpa had a complicated expression.
On the other hand, President Shim tilted the coffee pot and brewed coffee with a relaxed expression.
Grandpa was silent until he started drinking his coffee.
“good night. After all, Taesung Chemical is the place that was reserved for your father.”
Grandpa finally nodded.
“Sim is right. I was able to get rid of only the 15 billion won stake in Wookwang without spending a single penny, and the credit was entirely due to this merger and acquisition agreement. You have to admit that.”
It meant giving up Taesung Chemical.
Sim raised the corner of his mouth and drank his coffee.
He looked at me with one eye.
“thank you.”
I put my hands together and saluted my belly button.
“Then, is the business over now? Now then, this halbi will go to the executive meeting of the affiliates…”
“Not yet.”
“Is there anything else left?”
“At this point, let’s try to rip out a lot of damages from Woo-gwang. I’m thinking of eating one more affiliate raw.”
“Are you tearing off affiliates as compensation?”
Grandpa laughed.
“I was the one who asked to break off the marriage contract, and it was also me who ended up eating up to 15 billion shares of Taesung Chemical. There’s no way.”
“Why don’t you have an excuse? Secretary Kim!”
When I shouted, secretary Kim, who had been waiting outside the door, came in and politely presented the documents that were on her side.
“What is this?”
“This is a written statement by the former CEO of Taesung Construction, Cha Yoon-seong.”
“2 billion won in bribes from Wookwang Construction, which was taken out of the safe at Taesung Construction!”
Also my grandfather!
It seems you got it right.
‘This belongs to my father!’
If you only take care of your mother, won’t your father be disappointed?
< Negotiating with Grandpa (1) > End
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