The Genius Grandson Of The Cash King Becomes A Tycoon [EN]: Chapter 49

#049

After reviewing the documents, Cheon Sang-soo swallowed hard, visibly surprised, and looked at Im Cheol-soo.

It was an unexpected proposal.

The 500 billion won that Heaven Securities owed Legend Company.

It was the amount due as the option agreed upon last week reached its expiration.

The proposal was to acquire Heaven Securities for 600 billion won.

After deducting the existing debt of 500 billion won, it meant acquiring Heaven Securities for a net 100 billion won.

In essence, it was a proposal to buy a company burdened with debt for 100 billion won.

One hundred billion.

Cheon Sang-soo weighed the value of that money.

Most of the group’s funds had been poured into Heaven Securities.

With every penny being precious, the influx of 100 billion won would provide a lifeline.

“I will consider it positively. Thank you for the generous offer, CEO Im.”

“Pardon?”

Im Cheol-soo asked back, seemingly puzzled.

“Read the end carefully.”

Im Cheol-soo, leaning back on the sofa, replied somewhat arrogantly.

Cheon Sang-soo reread the documents slowly, his pupils trembling.

“Right now?”

“Yes, our owner at Legend Company dislikes wasting time.

The previous option contract was also made spontaneously.

This is also somewhat impromptu, so it’s true that Heaven Securities is at a significant advantage.”

“Our Heaven Securities is worth at least over 500 billion won.”

“That’s right. It’s valued at around 500 billion won. But isn’t the amount to be paid due to the option contract also 500 billion won?”

Cheon Sang-soo, hearing Im Cheol-soo’s point, lowered his head and began to reread the contract slowly.

‘Can I salvage at least 100 billion won if I sign the contract now? I don’t know if I should consult with Chairman Song of Ilsong Group, who holds shares…’

Various thoughts raced through his mind.

Among them, Chairman Song Cheol-ho of Ilsong Group was the most concerning.

He had considerable interest in Heaven Securities and was also a major shareholder.

However, he believed that any entrepreneur would understand his choice.

He was confident he could persuade him.

“Let’s sign it.”

“Yes.”

Im Cheol-soo took out the contract with a seemingly reluctant expression.

“Actually, I was against this deal. Heaven Securities is a company destined to go bankrupt, so what’s the point of buying it? Ahem.”

They signed where they needed to and each took a copy.

“With this, the contract is established. The practical details will be handled downstairs.”

“Thank you.”

Cheon Sang-soo greeted Im Cheol-soo, and Cheon Jin-hyeok, witnessing this scene, also expressed his gratitude.

“Then, I’ll be going. Oh, and Cheon Jin-hyeok, please tell him that our owner says he’s doing well. Goodbye.”

Im Cheol-soo said those words and turned to leave the room.

“Pardon? What?”

Cheon Jin-hyeok asked back.

“Don’t you know Yoon Jeong-hoon well? He even exchanged greetings last time, so I assumed you knew.”

“Then, does that mean Legend Company is Yoon Jeong-hoon’s company?”

“Yes, that’s why it’s called Legend. Legend, Yoon Jeong-hoon.”

The father, who had his company taken away, was bewildered, and the son’s face burned with anger.

With a relaxed gait, Im Cheol-soo exited the Heaven Group headquarters and made a phone call.

“Jeong-hoon…”

“Yes, Uncle.”

“Great. I got the stamp. You should have seen it. His face was flushed… You really got a good deal. Hehehe.”

Jeong-hoon clenched his fist.

His plan was gradually gaining momentum.

Im Cheol-soo’s voice was soaring.

“It’s not like I snapped it up just because it was cheap.”

“Then?”

“Heaven Securities has many hidden secrets that Cheon Sang-soo doesn’t know about.”

“What, secrets?”

Im Cheol-soo realized that Jeong-hoon was drawing a bigger picture. He was curious about the shape of the guy’s plan, but decided not to show it yet.

“Really? I don’t know much about secrets, but congratulations anyway. We should have a drink… what a shame.”

Im Cheol-soo went to Dongseo Securities and presented the same contract.

Dongseo Securities was too small, so instead of receiving the option payment, they signed a contract to be acquired.

Dongseo Securities, a small securities firm on the verge of bankruptcy, also stamped the contract.

With this, Legend Company came to possess Heaven Securities and Dongseo Securities.

If merged with BHC Securities, owned by Hyun Jeong-ok’s Giant Company, it would be a scale that could rise to second place in the industry.

***

“We have arrived.”

Kwak Hyun-soo stopped the car in front of Ilsong Group, where Ilsong Securities was located.

“But do you really have to go in person? I’ll go with you.”

“No. I’ll go alone to look around. It won’t take long.”

“Yes. Please be careful, Young Master.”

“I’ll be back.”

The unease did not easily subside.

Kwak Hyun-soo surveyed the surroundings.

Nothing threatening was visible.

Nevertheless, he could only look around with an unsettling feeling of anxiety.

Ilsong Securities, using the same building as Ilsong Group headquarters.

Jeong-hoon stood in front of the Ilsong Group headquarters and looked at the towering building. It had an authoritative and cold feel, finished with marble.

A place known as a veiled conglomerate. Most of its affiliates are unlisted companies, and there are few public companies.

It is structured in forms where the shareholder composition is unknown, such as limited liability companies [a business structure that protects owners from personal liability for business debts].

Therefore, it was a size that could not be properly estimated.

Some said it exceeded the industry’s top rank, while others said it was an inflated rumor.

There were more than one or two suspicious aspects.

Jeong-hoon entered the imposing building.

He went straight to Ilsong Securities and presented the contract.

A flustered employee picked up the phone, and soon a person who appeared to be the president appeared in front of Jeong-hoon.

“I am an agent from Legend Company.”

“I am Song Min-soo, president of Ilsong Securities. Let’s go to my office.”

“No. I’m busy. Please deposit the money here.”

“Ah, I understand. We will process it that way.”

Jeong-hoon listened to President Song Min-soo’s words and looked around.

A lavish interior befitting the industry’s top rank.

The employees’ eyes also seemed to overflow with confidence.

“Then, please.”

After greeting, he waited for the elevator.

The door opened with the arrival sound.

Inside the elevator was a kindly old gentleman who seemed to have a generous heart. Next to him, a sharp-faced man held a leather diary and attended to him.

It seemed that the problem was that the elevator stopped midway.

“I’m sorry.”

“It’s okay. Thanks to you, I get to see a good person.”

The old gentleman stared at Jeong-hoon, who got on the elevator.

Jeong-hoon ignored his gaze and turned his body to look straight ahead.

“Mr. Yoon Jeong-hoon, you’ve grown up well.”

He turned his head towards the old man who called his name.

He slightly bowed his head and greeted him, who was wearing a smile like a Taoist hermit [a person who lives in seclusion and practices spiritual disciplines].

“Do you know me?”

“Of course, I know you well. Aren’t you Hyun Jeong-ok’s grandson? If you don’t know Hyun Jeong-ok and Yoon Jeong-hoon in Korea, you’re a spy. The whole nation watched that sensational reunion… By the way, is Madam Hyun doing well?”

“Yes, she is doing well.”

The bell rang, indicating that they had arrived on the first floor.

“Then, I’ll see you again next time.”

It was when Jeong-hoon greeted and was about to exit the elevator.

“Mr. Yoon Jeong-hoon, tell Jeong-ok when you see her. If she acts up again, Hyun-joong will suffer the same fate.”

“Pardon?”

Jeong-hoon turned to look at him.

He was still wearing a kind smile.

It was a clear threat.

Jeong-hoon pushed his hand into the slowly closing door and reopened it.

He opened his mouth towards the smiling old man.

“Chairman Song, you have a much rougher mouth than you look. I guess you didn’t know I took over Heaven Securities. You’re still smiling, though.”

Jeong-hoon smiled as he looked at him, but Song Cheol-ho’s expression began to distort rapidly.

“I found a lot of good stuff when I searched the server. A stupid guy threw a hundred billion, money that’s not even worth the price of gum, so I snatched it up. Tsk tsk, you should have raised your dogs well. You raised something that can’t even tell the difference between poop and pee as a pet… That’s too bad. Surely you haven’t even received the report yet, have you?”

“…”

Song Cheol-ho couldn’t say anything.

Anger could be felt in his trembling eyebrows.

“Ah, you haven’t even received the report yet… That’s too bad. I didn’t know you were being treated like an old man in the back room. Then, I’ll send my regards to Grandma.”

Yoon Jeong-hoon and Song Cheol-ho did not back down at all and exuded a fierce aura.

When Jeong-hoon released his grip, the door slowly closed.

***

“Puhahaha, that guy is amazing, isn’t he?”

Song Cheol-ho suddenly burst into laughter.

Chief Secretary Han Hyun-dong wore a puzzled expression.

“He has the most spirit among the guys I’ve seen lately, doesn’t he?”

“Yes?”

“I’m talking about that Yoon Jeong-hoon. Tsk tsk, what a waste, really. He should have been born as my grandson. Then he would have commanded the world. He would have become a talent to hold and shake this Republic of Korea. To be Hyun Jeong-ok’s grandson. Tsk tsk, what an unfortunate guy.”

“Is he that good?”

Han Hyun-dong had an expression that he couldn’t agree.

“Hyun-dong, how many guys have had such a confident face in front of me? Have you ever seen one?”

“No, I haven’t.”

“Right, you wouldn’t. There was only one person in my memory.”

“Who is that?”

“Who else but his father, who looks exactly like that guy. Yoon Hyun-joong did that to me. Well, the result wasn’t good, though.”

“Yes? Are you talking about Hyun Jeong-ok’s son?”

“Yes. That son. When you think about it, Madam Hyun has a lot of luck with her children. It seems like there are only weak children around me.”

“No, Chairman, your children are all born with innate talents.”

“Really? If that’s what innate talent is, what should I call that kid?”

Chief Secretary Han Hyun-dong closed his mouth. Even he thought it was a difference in abilities of a different level.

“I have to make up for the failure of raising my own children with my daughter-in-law.”

“Yes, Chairman. The daughter of Chief Prosecutor Park Hyun-cheol is the best. She is bright, has a strong will, and her face is like a celebrity.”

“Really? Should I meet her once?”

“Excuse me, but the atmosphere these days is more natural…”

“Ahem, a natural meeting… Proceed with that at your level.”

“Yes, I will contact Prosecutor Park and proceed naturally so that he doesn’t notice.”

“Ah, I almost forgot something important. Call Heaven Group and make an appointment. I need to go and get them to come to their senses.”

“Yes, I understand.”

“By the way, how much does that guy know about Heaven Securities?”

“…I’m sorry.”

Han Hyun-dong was flustered that he couldn’t answer the question.

“You don’t have to be sorry. Investigate well how much he knows. Got it? Unless you want to wash your face with boiling water again.”

A startled Han Hyun-dong bowed and replied.

“I will investigate thoroughly, Chairman.”

Han Hyun-dong had a feeling that Chairman Song’s instructions today would be the most important task in the future.

Chairman Song, who got off the elevator, received greetings from people and went outside the building.

He tried to smile, but his eyebrows were still trembling with anger.

***

Cheon Sang-soo was waiting to greet Chairman Song Cheol-ho of Ilsong Group, who would be arriving soon.

With a stiff expression, Cheon Sang-soo paced back and forth in front of the group’s headquarters.

He looked at the main building and thought.

It is absolutely impossible for the empire he built by dedicating his youth to collapse.

Cheon Jin-hyeok, who saw him so nervous, couldn’t understand.

His father was excessively afraid of Chairman Song Cheol-ho, who was known for his kindness.

A black sedan stopped in front of the building, and Song Cheol-ho, with a gentle smile, got out of the car.

Cheon Sang-soo bowed at a 90-degree angle.

The eyes of the Heaven Group employees who were going back and forth in the main building widened.

They were curious about who the person was that the chairman would bow more than halfway to.

“What are you doing, making me uncomfortable… Let’s go up.”

“Yes, Chairman.”

Chairman Song Cheol-ho, with a kind expression, took the lead.

Chairman Song Cheol-ho, who had been silent for a long time, finally opened his mouth.

“Is it true that you sold Heaven Securities?”

“…Yes, Chairman. I should have consulted with you in advance. I’m sorry.”

Chairman Song Cheol-ho, who was sitting on the sofa, laughed heartily.

“Hahaha, consulted in advance…”

Cheon Sang-soo sensed a crisis when he saw Song Cheol-ho’s expression. He stood up from the sofa, bowed, and shouted.

“I’m sorry, Chairman. I should have gotten your permission… Please forgive me.”

“You’ve been under me for a long time, so you’ve become very perceptive.”

“…I’m sorry, Chairman.”

Song Cheol-ho looked at the sparkling crystal ashtray on the table.

“Haven’t you quit smoking yet? You need to take care of your health.”

“Yes, Chairman. I will definitely do so.”

“Your nickname is Ashtray, right?”

Song Cheol-ho opened his mouth, looking at the crystal ashtray in front of him.

“You still have old habits in a crude way. You need to be more sophisticated.”

“Yes, Chairman. I will fix it. And I will quit smoking immediately.”

“No, it’s okay. What’s the point of quitting smoking for someone who’s about to die? Smoke as much as you want.”

After saying that, Song Cheol-ho slowly stood up.

His hand, tightly gripping the ashtray, struck Cheon Sang-soo’s head as it was.

“Ugh.”

It was swung with such force that a thudding sound was heard.

The blood that came down from his head instantly covered Cheon Sang-soo’s face.

Cheon Sang-soo didn’t groan or resist.

“Didn’t you know what was inside Heaven Securities? How did you do your job with such a brain? The traces of funds remaining inside… Just thinking about it makes my head throb.”

It was the first time for Cheon Jin-hyeok to experience such a thing. The kind face of Song Cheol-ho and his cruel actions were different.

He was seized with fear and couldn’t move at all.

“Chairman, please give me one more chance…”

Cheon Sang-soo struggled to speak.

“Chance? If you want it, I have to give it to you. You know my rule, right? If you want to have something precious, you have to give something up. Now, choose. Is it the group or your son? You chose the group instead of your wife in the past, are you going to do that again this time?”

Cheon Jin-hyeok’s eyes widened at his words.

The secret of his suddenly disappeared mother was revealed at that moment.

He abandoned his mother and chose the group?

Unknowingly, his fist clenched.

He couldn’t hold back the anger he had been hiding.

“You have to decide, Sang-soo.”

“…I will protect the group.”

“Puhahaha, that’s why I like you. A conglomerate chairman should have this much greed.”

Cheon Sang-soo only lowered his head and didn’t answer.

Instead of tears, only red blood dripped onto the floor.

Cheon Jin-hyeok, who was biting his lip tightly and glaring at his father with blazing eyes, lost consciousness due to a sudden shock.

A huge man dragged him out and disappeared.

***

“You’re merging BHC Securities, Heaven Securities, and Dongseo Securities, right?”

“Yes.”

“Then, you’re also merging Giant Company and Legend Company, right?”

“Yes.”

“And the name remains Legend Company?”

Jeong-hoon nodded.

“What should we name the securities firm?”

“What’s our ranking?”

“It’ll be second.”

“Then, how about Shinwha Securities [Shinwha means ‘myth’ or ‘legend’ in Korean]?”

“Shinwha Securities… That’s good. How about HyeSung Securities [HyeSung means ‘comet’ in Korean]? HyeSung Securities that appeared like a comet.”

“Shinwha Securities gets one vote.”

“Two votes.”

Cha Young-mi and Lee Byung-seok, who were eavesdropping on Jeong-hoon and Im Cheol-soo’s conversation, chimed in.

Cha Young-mi and Lee Byung-seok pushed for Shinwha Securities.

Im Cheol-soo had a disappointed expression.

“Then, let’s settle on Shinwha Securities.”

“Yes.”

“President, are we moving now?”

Cha Young-mi asked.

“Moving?”

“Aren’t we just here temporarily?”

“We’ll continue to stay here.”

“Then, shouldn’t we do something about it?”

Jeong-hoon looked around.

It was the epitome of minimalism in interior design.

All there was was a desk, a computer, and a desk with coffee mix and an electric kettle.

He had been too busy after getting the office to even realize the situation.

“Ahem, we need to do some interior design.”

“President, Young-mi is a professional in that field. Should we leave it to her?”

Cha Young-mi, who barely wears makeup and ties her hair back in a single braid, looking like Young-shim [a popular Korean cartoon character known for her simple appearance], is a professional in interior design…

However, Jeong-hoon thought it didn’t matter who did it.

“Do that.”

Jeong-hoon looked at Cha Young-mi. Cha Young-mi, who looks like Young-shim, and Byung-seok, who looks like Young-shim’s friend Kyung-tae [another character from the same cartoon].

He thought they were a match made in heaven who got along so well.

“You two are really a match made in heaven.”

“A match made in heaven? What are you talking about all of a sudden? We’re not like that.”

Cha Young-mi said sharply, denying their relationship.

“Pardon? You two are a couple.”

They seemed startled when their secret was revealed.

Jeong-hoon was even more surprised to see that.

‘Am I that oblivious?’

He was even more surprised that other people thought they didn’t know.

“No, we’re not.”

Cha Young-mi averted her gaze to the monitor.

“Okay. I’ll treat you as not a couple. You can do whatever you want with that. What about the hacker ‘Psycho’? How good is that guy?”

“Why are you suddenly asking about that Psycho bastard?”

“I’m curious. How great is his skill.”

“Since he’s similar to me, he’s probably second in the world.”

It’s hard to believe like a lie, but it’s not wrong.

“Then, what if the 1st and 2nd place are together?”

“Well, they could tear apart the US Department of Defense in an hour.”

“Really? That sounds good.”

Jeong-hoon’s eyes sparkled, and Cha Young-mi looked at Jeong-hoon with a questioning expression.

At that time, Jeong-hoon’s phone rang.

“It’s me, Young Master.”

It was a call from Kwak Hyun-soo.

“Cheon Jin-hyeok is being moved as you said, Young Master. What should we do?”

Jeong-hoon had to make a choice.