Son of a Conglomerate at the Highest Level
Chapter 103
< Negotiating with Grandpa (2) >
“It was after the bribery ledger of Wookwang Construction went up to the Blue House.”
I added slyly.
“The anger of the Blue House was barely put to rest by Woo Kwang-eui Chairman Kim resigning from his personal contributions and general manager, and holding a press conference to apologize to the public.”
I and my grandfather watched the press conference together.
Right here in the Chairman’s Office of Taesung Group.
I tapped the statement of the former president of Taesung Engineering & Construction, Cha Yoon-seong, with my fingertips.
“What would happen if I put this on Chairman Kim of Woogwang?”
“Can not be done. Yunseong is your great grandfather. If you are involved in the bribery of Wookwang Construction, you will be in a bad situation.”
Grandpa shook his head.
“How many of Woo Kwang’s presidents have been taken to the courtyard? Not only torture, but also jail time has been reserved. What are you going to do if you bite Yoonseong?”
“Then we just need to hold Chairman Kim’s son in our mouths.”
Grandpa looked at me with surprised eyes.
“Since Chairman Kim stepped down as the general manager in a sense of self-reflection, there is no choice but to return to Korea and become the general manager, as his son, who goes abroad to borrow loans.”
Chairman Kim has only one son.
In order to prevent the loss of Wookwang Steel, he was traveling abroad to borrow loans.
“I don’t have a father to protect me, affiliates are facing bankruptcy, and public opinion and even the Blue House have turned their backs on me. The situation of being isolated.”
It seems you understand my meaning.
The grandfather’s mouth began to open more and more.
“If this goes up to the Blue House, the anger of the Blue House will be directed at the son of Chairman Kim, who has no shield. If Chairman Kim’s son collapses, Woo-gwang has no answer.”
That was probably the situation Chairman Kim feared the most.
“If it were Chairman Kim, which one would you choose, the grandfather who was kicked out of Taeseong or his son who should shoulder Woo-gwang in the future?”
“her······! From the beginning, Woo-gwang had only one answer to choose from. It is the number of outliers in itself.”
Grandpa nodded.
“I don’t think I’ll ever see my only son fall into the abyss.”
“So, as a condition of burning this statement, you can accept one of Woo-gwang’s affiliates.”
“Burning the statement?”
“Then you want to put it in Chairman Kim’s hands? If you really want to be blackmailed over your great-grandfather, then yes.”
“On condition of burning the statement. i get it.”
I grinned.
“It’s Taesung Construction’s 2 billion won, which my dad has been working hard to earn while going to the Middle East.”
From now on, this is the main point.
“If that money comes back to the Wookwang affiliate, who should take care of that affiliate?”
Of course, I have to take care of my father’s share!
“…?”
“…!”
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Not only my grandfather, but also President Shim and Secretary Kim looked at me with their mouths wide open.
I shrugged.
“If you are caught secretly robbing someone else’s barn, wouldn’t it be reasonable to pay it back with interest?”
So, we have to pay our father!
“Are there any contributions made by other children besides my father in relation to the bribery ledger of Wookwang Construction?”
I heard that if you make a contribution, you will receive a reward.
“If it’s my baby’s rice bowl to take care of, please take it as my dad’s.”
“Ha ha ha ha ha!”
Grandpa burst into laughter.
Secretary Kim nodded.
“Chairman, what you said is right. Master Seongjun, take care of that.”
“The money came from the safe of Taesung Construction, and since it was a bribe that Seong-Jun sowed with the money he earned in the Middle East, you are saying that the harvest should also be Seong-Jun’s share?”
My grandfather’s eyes softened as he looked at me.
“Looking back now, it looks like you came to me to take care of my parents.”
If you do this, it seems that we have taken care of our parents’ share.
Then, shall we take care of my share from now on?
“Okay then, I guess everything is over now. Halaebi is really at the executive meeting…”
“Not yet. I still have my share left.”
“what? your share?”
I took out a finely folded piece of paper from my coin purse.
“The executive meeting of affiliates that will be held here in the conference room.”
It was an executive meeting of all affiliates of Taesung, which even invited the resigned president Sim.
“Isn’t this a meeting to specifically plan and discuss the acquisition of Woogwang’s affiliates?”
“okay.”
“Woogwang’s affiliate, which Taeseong will take over, please take care of it on my own.”
“what?”
“This was exchanged for three pages of the bribe ledger of Wookwang Construction. Do you remember?”
I took out my grandfather’s handwritten memorandum from my coin purse.
“I heard you took 100% of the shares as my share when I took over the ruined company instead of Taesung Construction?”
Sim turned his head and looked at his grandfather.
“Chairman, did you write such a memorandum?”
“Hey, what a good one! I made a promise, so I have to keep it.”
Grandpa readily admitted.
“Choose just one. As a small affiliate with about 100 million units.”
That’s not going to happen.
Do you know that I came all this way to make a deal just to get something to eat?
Grandpa hit first.
“Thanks to the contract, Taesung Chemical and Wookwang Securities were able to eat every day? Yes, it doesn’t cost a dime, so let’s assume we can hand it over.”
This belongs to my mother.
“Woo-gwang’s affiliate that Yoon-seong ate raw in exchange for burning the statement? Okay, let’s say he can hand it over since he won’t pay more.”
that belongs to my father
“But from now on, the affiliates of Wookwang that we have to take over are the only ones that we have to pay for even if we hit them at a low price.”
So ready!
I opened my coin purse and pulled out another finely folded piece of paper.
“I heard that grandpa rewards as much as he has achieved achievements? Then I will claim 15 billion balls.”
“what? Fifteen billion?”
“Who do you think invited the four giants of the underground finance world to sponsor Taesung Construction at the year-end night?”
I handed the paper to my grandfather.
“I was the one who got the invitation, I was the one who invited them, and I was the one who made them sponsor.”
He met with a tycoon in the underground financial world and sold information on subway stations in exchange for donations.
That’s how I got it, and it was this sponsorship contract.
“Myeongdong Peregrine Falcon is 5 billion won, Maljuk Street Horse Head is 5 billion won, Jongno Gold Tooth is 3 billion won, and Kkachisan Bang is 2 billion won!”
I tapped the donation amount with my fingertips.
“I won’t get paid for running errands for hiring them as windbreakers. This is my favor.”
Is that all?
“Because of their agitation, we did not include the donations from political figures who sponsored Taesung Construction. This is my service.”
I heard that the additional sponsorship received was probably 3 billion or 5 billion won.
“I didn’t include the price of drawing the subway map and the price of oil shock information. I got it for my dad.”
Secretary Kim, who had been listening quietly, added a little.
“Chairman, if you include the construction of subway line 2, which was won thanks to the subway map drawn by Master Jeong Hyuk, the expansion of the Gangnam express bus terminal road and the construction of the shopping center, it is well over 200 billion won.”
“Pooh!”
President Shim was drinking coffee and spewed it out.
“Cool, kek, cool! Did Master Jeong Hyuk draw the subway map? Cool! No, does this make sense?”
President Sim took out a handkerchief while coughing.
Either that or not.
Secretary Kim spoke calmly.
“Thanks to the note sent in advance by Master Jeong Hyuk, I was able to receive an invitation to the Blue House New Year’s Luncheon separately.”
“Chehehe! Cool!”
Sim took a deep breath and made another strange noise.
“Who is it thanks to getting the invitation to the Blue House New Year’s luncheon?”
“The invitation to the Blue House New Year’s luncheon is an honor that cannot be bought with money, and an opportunity to gain preferential treatment. Isn’t it an arena where everyone is frantic to win big projects promoted by the government?”
Secretary Kim cut it off.
“Even the president acknowledged how great Master Jeonghyeok’s work was. I am the one who delivered the letter of thanks written by the president himself.”
“Hoe, a letter of thanks from the president?”
Like a person who could not hear anything, President Shim shouted like a scream.
Either that or not.
I raised my hand.
“Is there not enough money to acquire Wookwang affiliates? If so, I’ll lend a hand too. Mr. Shim.”
“yes? yes!”
“The land I bought near the subway line 2 station in the name of an investment company. How much are you doing now?”
My grandfather opened his eyes wide in surprise.
“An investment company?”
“This is a company created by Master Jeong Hyuk.”
Secretary Kim added a little bit of explanation.
Grandpa was even more excited.
“Jeonghyeok is only eight years old! Establishing an investment company makes no sense, but running it makes even less sense!”
“Hey Chairman, I am in charge of running it. As the boss.”
“Chief Shim, are you?”
“It was for Taesung. Hmmm, you know that.”
The grandfather looked alternately between President Shim and Secretary Kim.
“Did you both know? Did Jung Hyuk set up an investment company?”
“I helped set up an investment company.”
“Secretary Kim, are you?”
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Now was not the time to fuss over such things.
“President Shim, I’m thinking of taking the land as collateral and getting a loan. How much cash can I mobilize?”
“Hmm, I have to ask how many of the 100,000 pyeong are you planning on collateralizing?”
“Enough!”
Grandpa waved his hand.
“I don’t have the money to take over the Wookwang affiliate, so I don’t have to rob my 8-year-old grandson’s back pocket! Because our Taesung isn’t such a poor company.”
Grandpa suddenly started to laugh.
“You mean an eight-year-old started an investment company? Did you steal President Sim, whom none of my children recruited, and make him sit as the boss?”
The smirk soon turned into a hearty laugh.
“How did a guy who went to a pawnshop to borrow money when he bought a house in Hannam-dong buy 100,000 pyeong of land near the subway station?”
Grandpa banged the table with both hands.
“Yes, this is my grandson! If Cha Tae-seong is blood, he should be this much at the age of eight!”
“President?”
President Sim looked at his grandfather like a madman.
On the other hand, secretary Kim smiled proudly, curling the corners of her eyes.
“You are right.”
“No, is it something that Secretary Kim will agree to?”
Sim turned his head to look at Secretary Kim.
“No, am I the only one who finds this situation absurd and staggering? Is it really just me?”
Chief Sim murmured softly.
“Anyway, when I’m with Master Jeonghyeok, I feel like I’m possessed by a ghost. Is this really going to end with my baby?”
“hahahahaha, yes, a promise is a promise!”
Grandpa laughed out loud at the papers he had laid out on the parlor table.
“If you have made a contribution, you have the right to demand an appropriate reward. Secretary Kim!”
“Yes, Chairman.”
“Among the Wookwang affiliates that Taesung will acquire in the future, Jung Hyuk will share shares in the affiliates worth 15 billion won!”
“yes.”
“In recognition of Jung Hyuk’s achievements in chemical mergers and acquisitions, Taesung Chemical and Wookwang Securities will also be acknowledged as Jeong Hyuk’s share!”
“yes.”
uh?
“Grandpa, chemistry is…”
“If you want to send it to your mother’s coma, do it yourself. I won’t care what you do with yours. So, whether you directly donate the stake to the mother or not.”
Grandpa said it right.
“We also admit that Jung Hyuk brought the ledger of bribes from Wookwang Construction, and we acknowledge that related matters are also Jung Hyuk’s share.”
uh? Is this for my father?
“All Wookwang affiliates for compensation for damages received in exchange for burning statements with Wookwang affiliates promised by the Blue House! Whether or not you directly donate the shares to your father!”
Grandpa was quicker before I opened my mouth.
“None of my children have had any credit for this! The one who made the ball gets the reward! Let’s go simple!”
“you’re right.”
Secretary Kim smiled and agreed.
It was only President Shim who was passing his breath.
“No, Chairman! How many alternative subsidiaries…! Even skipping the child and giving it to my 8-year-old grandson…!”
Finally, President Shim was straight.
“Are you serious, President? Did I hear you right now?”
“Your ears are fine! I haven’t had dementia yet!”
I clapped my hands.
“Now, then, there is only one task left to solve today.”
“assignment?”
“It is something that needs to be resolved at the executive meeting of all affiliates of Taesung.”
“If that’s the case, we’re discussing which affiliates of Wookwang we should acquire…”
“No.”
I waved my index finger from side to side.
“I heard that it is an affiliate that I will take over? Then I have to choose. Why do executives choose?”
“Then, what are the remaining tasks…?”
“How to persuade the presidents and executives of Taesung’s former affiliates to accept this result now is my grandfather’s task.”
“…!”
He pointed at me with his index finger, which he had been swinging from side to side.
“I am an eight-year-old child. How many affiliates will fall under my share this time?”
“…!”
Grandpa, who had been roughly counting, opened his mouth wide.
President Shim fell as if his jaw would drop, and even Secretary Kim dropped the documents he was holding.
“What shall I do? Are you attending the executive meeting of affiliates from today?”
< Negotiating with Grandpa (2) > End
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