Perfect World [EN]: Chapter 315

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A small banquet hall at the Rainbow Hotel. Key members of Ilsimhoe [a private organization], including Beomseok, gathered, creating a serious atmosphere as they sat down. Everyone seemed tense about the new Black Society’s attacks, especially Leopard, as he and Karen were the targets.

Leopard, with a stiff face, quietly opened his mouth.

“So, you’re saying that Meyer is trying to get me with the Black Society’s cooperation?”

Beomseok clasped his hands together and stared at him.

“Yes, that’s what it means. He seems to harbor ill feelings towards you, Leopard.”

“This is absurd. Unbelievable. I’m the one who should hold a grudge…”

It was understandable. Leopard had his once-successful entertainment agency taken away by Meyer, the honorary chairman of the current Hyena Group, through trickery. In terms of human decency, Meyer shouldn’t have done this.

“But, that’s how things are in the world, isn’t it? The one who does wrong often plays the victim.”

“Sigh~ Even so, I’m really sorry to everyone. This happened because of me…”

Beomseok waved his hand dismissively.

“No. You were just a means of attack, Leopard, so there’s no need to feel sorry. Even if it wasn’t you, the Black Society would have found another excuse to attack us.”

Lexter added.

“Beomseok is right. So, don’t worry about it.”

Leopard looked at everyone with an awkward gaze. Because they comforted him like this, he felt even more apologetic.

“I’m really grateful for your words. I’ll never forget your consideration.”

Lexter, feeling embarrassed by those words, looked at Beomseok with an awkward expression.

“By the way, it seems like this incident will cause great difficulties for Leopard Entertainment. Is there no solution?”

“We’ve made sure that Leopard Entertainment won’t be harmed by this, so don’t worry too much.”

“Really? How?”

“First of all, the Hyena Group has agreed to compensate for the damages Leopard Entertainment will incur due to this incident. And MKKN Broadcasting has agreed to actively cooperate with Karen’s appearances.”

Lexter’s eyes widened.

“Isn’t that like giving medicine after causing the disease? The company attacking Leopard is the Hyena Group. But they’re going to compensate? Does that make sense?”

“Yes. In fact, only Meyer holds a grudge against you, Leopard; his son, Chairman Henry, doesn’t at all. He hopes that this matter will end amicably and that the economic organizations and our Ilsimhoe won’t clash.”

“Even if they said that, you shouldn’t believe it outright. It might be a ploy to pit us against the Black Society.”

“Of course, it is. But it doesn’t matter.”

“Why?”

Beomseok said in a quiet voice.

“Even if it wasn’t their scheme, we have to take down the Black Society someday. If we keep leaving them alone, we won’t be able to sleep comfortably.”

Lexter nodded, understanding. At the last Federal Pro-Wrestling Association annual banquet, the Gods Knights and Blue Bird were in great danger due to their scheme. If they didn’t subdue the Black Society, they would eventually be the ones to suffer.

“That’s right. We can’t just leave the Black Society alone like this.”

“Yes. So, we’ve decided to do some preliminary work before that.”

“What kind of work?”

“First, we need to strengthen the unity of Ilsimhoe. Recently, the number of new members has increased significantly, and the organization has become a bit disorganized. We need to come up with measures for this.”

Lexter’s eyes sank, thinking the same thing. Otherwise, only the original members wouldn’t be here today.

“Well, there is some truth to that. But will it be easy to unite their intentions?”

“It’s difficult, but I don’t think it’s impossible. As you know, they have been relying on us because they felt a sense of crisis from the incident at the last Federal Pro-Wrestling Association annual banquet. So, they will have some animosity towards the Black Society. The Black Society was the one who caused that incident.”

“I guess so.”

“So, we’re going to set the Black Society as the enemy that our Ilsimhoe must defeat and induce unity.”

Creating an enemy to strengthen internal organization is a strategy that has been used frequently since ancient times. As long as they are in the same community, even if they are like cats and dogs, they will join hands to fight against external troubles.

“Sounds good. But will that be enough? They still don’t recognize themselves as complete members of Ilsimhoe. It’s like they’re acting like bystanders.”

“So, we’ve decided to provide carrots as well. If they benefit from cooperating with the organization’s work, their loyalty will increase.”

“How will you do that?”

“First, we’ll select those who show loyalty to Ilsimhoe and actively cooperate and give them corresponding benefits.”

Lexter said with a subtle line on his face.

“But do we have anything to give?”

“Fortunately, we have a suitable gift. It’s information about high-growth pro wrestlers. Many of our members run pro wrestling teams, so they’ll all be satisfied.”

It wasn’t a bad idea at all. Lexter also felt repeatedly that the promising players recommended by Beomseok all had good growth potential. Currently, Aurora, Nelsi, and Sylphine, who are under his command, are examples of that. Now, they are growing explosively and bringing huge annual salaries to Lexter.

“Good idea. Your eye for talent has become so famous in the wrestling world. Everyone will probably like it.”

“In addition, we will allow those who participate in the Black Society’s attack to earn some funds.”

Lexter’s sparkling gaze turned to Beomseok.

“How will you do that?”

“It’s the profit from the stock price increase. I’m going to slowly eat away at the Black Society’s financial power.”

“But will they just let it happen?”

“Hehe. It probably will. The Black Society is large, so the organization is vast. If we poke around here and there and add some tricks, they will spit out a lot of funds.”

“Okay. I’m looking forward to it. How will you do it?”

“I’ll tell you gradually as I prepare. I don’t have a concrete plan yet.”

“Well, then do that. Anything else to say?”

Beomseok slyly handed over an electronic document and turned on the screen. It was a document containing information about Mavs Corporation. He was going to swallow this company as one of the declarations of war before the all-out war against the Black Society.

“This company is Mavs Corporation, which is run by a member of the Black Society named Mavs. Their main business is building rental, and it seems like it would be good if the Rainbow Group forcibly absorbed it.”

Then Gloria stepped forward in the conversation. Since it was related to the Rainbow Group, it was necessary to know the details.

“What kind of company is Mavs specifically?”

“Currently, the total asset size is 20.7 billion Krang [fictional currency], with 7.6 billion Krang in debt including deposits and borrowings. The net income is 780 million Krang per year.”

“It’s not that small. What is the distribution of shares?”

Beomseok immediately began to explain. The total number of shares in Mavs Corporation was 56 million. The current stock price was 257 Krang per share. And the shareholding ratio was 7% for President Mavs, 26% for the Black Society, 32% for institutions, and 35% for the general market.

“So, how much of the shares do we need to take?”

“More than 50%.”

“50%?”

“Yes. That’s the only way to win the share war for sure. It’s a somewhat burdensome company for us, but not for the Black Society. They will pour huge amounts of money to defend it, so we can’t rest assured unless the shareholding ratio is 50%.”

Gloria pondered for a while and then answered.

“Do we have any friendly shares?”

“We can probably persuade LHN and Wilkins’ 5.2%.”

“Then, at least 6.4 billion Krang is needed.”

“How is it possible? Given the current situation of the Rainbow Group, it seems like it’s worth a try.”

The Rainbow Group’s net income for the past year was a total of 4.5 billion Krang. Adding this to the existing funds of 5.4 billion Krang, the total is 9.9 billion Krang, and adding Gloria’s funds, it easily exceeds 10 billion.

In terms of accounting, it was enough to absorb, but the problem was that things in the world don’t always go as planned. In a hostile M&A [mergers and acquisitions], the stock price would skyrocket endlessly, so the current funds might not be enough.

“It might be difficult. If the Black Society’s and our funds are invested in this small company, the stock price will soar endlessly. The current funds may not be enough. Are there any other friendly shares?”

Unique Bank might be possible. They expressed extreme opposition to the Black Society’s hostile M&A attempt on the Rainbow Group, so I didn’t know if they could get help. But it was difficult to expect more than that. Other institutions, pressured by the Black Society’s power, might take their side.

“Well, I’ll try to do something about Unique Bank’s 1.1%, but it’s hard to do more. But I’ll provide you with the timing to buy the stock cheaply.”

“How?”

“In fact, the reason I targeted Mavs Corporation was not only because it was small, but also because there were many irregularities such as embezzlement and breach of trust. I found circumstances in which a significant amount of funds were flowing into the Black Society’s secret business. If we break this to the media, the stock price will plummet, so how about buying it then?”

Gloria gave him a strange look.

“Then, does it meet the requirements for delisting?”

“Requirements for delisting?”

“According to the exchange regulations, large corporations are subject to a substantive review for delisting if the scale of embezzlement and breach of trust is more than 2.5% of their equity capital.”

Beomseok looked at the documents in detail and nodded.

“That’s right. It’s at the level of delisting.”

“Then, how about going for delisting?”

Beomseok showed difficulty in that regard. Things in the world didn’t always go according to the law.

“But will the Black Society let it be delisted?”

“Of course not. But we can turn the Black Society’s attention elsewhere, so it’s easier to buy stocks. And we can persuade other institutions and general investors by using morality as an excuse. It will definitely be beneficial to us in many ways.”

It seemed plausible, so Beomseok nodded. There were three benefits in one, so it was worth trying. If the plan was successful, Mavs Corporation could be easily swallowed.

“Okay. Then I’ll look into this in detail.”

“Yes. Be sure to check it out.”

Beomseok, who finished the Mavs Corporation case, gave everyone a look. The time had come to deal with the most important item on today’s agenda. He opened his mouth with a serious expression.

“Actually, there’s one more thing I’d like to ask you.”

Lexter reacted immediately to those words.

“What is it?”

“This time, I’m planning to create a fund by asking Aula [a financial institution]. I need funds to go into it.”

They had created a fund once during the Rainbow Group’s management rights defense. At that time, everyone in this place was able to handle quite a bit of money.

“Really? What are you making it for this time?”

“It’s a secret fund to prepare for when we attack the Black Society in the future. It will usually be used for income projects, but if a fight breaks out with the Black Society, it will be our reliable source of funds.”

Lexter crossed his arms and nodded. War always required bullets. It was also annoying to collect money every time an incident occurred, so it wasn’t bad to operate an integrated fund on this occasion.

“Well, of course, we have to do it. How much should we put in?”

“You can put in as much as you can afford. And you can take it back as much as you want if you need it.”

Then there was no big burden. It was enough to think of it as a simple deposit and withdrawal account.

Lexter chuckled and joked.

“Hehe. Then I can put in all the surplus funds.”

“It’s better to do that at first. It will be put into huge income projects right away.”

“What kind of income project?”

“Didn’t I tell you earlier? I’m going to steal the Black Society’s funds. It will probably be used for that purpose at first. So, I’m going to invest all of my surplus funds, 600 million Krang.”

Lexter exclaimed for a moment. 600 million Krang was the money to buy a usable world-class gladiator. Beomseok, who grumbled that the gladiator squad was not enough, was saying that investing that much money meant that a certain amount of income was guaranteed.

“Okay. Then I’ll go for it too. I’ll put in 300 million Krang.”

Natalia, who had been silent until now, opened her mouth. Recently, her income had decreased significantly because LKS [a broadcasting station] was providing free programs, but she had earned so much money before that she had enough money to invest. In fact, she was the real wealthy person of Ilsimhoe.

“Okay. Then I’ll put in 600 million Krang too.”

At this point, Gloria, who couldn’t stay still, expressed her willingness to invest. But since the acquisition of Mavs Corporation was still pending, it ended at the level of saving face.

“I’ll put in 600 million Krang too.”

“Me too, 600 million Krang.”

In an instant, everyone’s eyes turned to Karen. She, who was called the epitome of poverty, was willing to put out 600 million Krang.

“Really?”

“Of course. Even if I look like this, I’m a world-class superstar. I can earn that much money if I do a few concerts.”

Well, since she was a globally recognized singer, that much money might be nothing. Beomseok also knew that even a decent Hollywood star earned more than that in reality. It was a fully relatable story.

“Th, that’s right.”

“Then our Leopard Entertainment will put out 600 million Krang.”

Beomseok was greatly embarrassed by Leopard’s subsequent remarks. This was because he had no choice but to completely revise his future plans.

He didn’t know because he hadn’t paid attention to it, but it turned out that Leopard Entertainment was also a solid company. If they earned this much, it seemed that the company would be worth at least 10 billion Krang or more when it was listed.

Julien was screaming and eyeing Leopard Entertainment’s listing, but there was a good reason for it.

“I don’t have much money, so I’ll only do 100 million Krang.”

This time it was Margaret. She was also running a security company called MR Security, but her clientele was limited, so she wasn’t making a lot of income. Of course, she wasn’t in a position to put out 100 million Krang.

“Did MR Security grow without me knowing? How do you have 100 million Krang?”

“Um. I have money that I’ve earned recently by producing and selling a security program called Shieldless. I made it out of boredom, but it sells quite well.”

“O, okay. I understand.”

Beomseok calculated the funds to be put into the fund while counting his fingers. He could see that a total of 2.8 billion Krang had been collected, which was quite a lot of money. But it was still far from enough to attack the Black Society. It was necessary to expand the fund’s size by securing more funds.

He finished the meeting here and spent the rest of his time chatting. It wasn’t good to only talk about the Black Society too much.

============================ Author’s Notes ============================

Ah. It seems like I’ve been lazy lately. The upload time keeps getting later. I’ll have to pull myself together and focus on writing. Hahaha. Aja aja <== (Cheering sound) Then everyone have a nice day. I'll see you again tomorrow.