Still, I Will Live As The Son-In-Law Of A Conglomerate [EN]: Chapter 226

226. 64th. Last All-in (3)

After requesting a meeting with Oh Hyun-moo, I parked my car in the GK Group headquarters parking lot and rushed into the building.

‘To think my mother’s side held so many Shinseong Electronics shares…’

After hearing my grandfather’s words, I couldn’t hide my surprise at the fact that my mother’s family were the beneficial owners of Shinseong Electronics shares. To hold more than 10 percent of Shinseong Electronics shares…

If I get those shares in my hands, I can immediately overtake Shinseong Holdings and become the largest shareholder of Shinseong Electronics.

That means I can pull out Shinseong Electronics, an irreplaceable pillar of the Shinseong Group, and collapse the Shinseong Group, and the Jang family, my in-laws, with my own hands!

As I took a deep breath and calmed my excitement, the elevator I was in opened with a ding. I took a step as calmly as possible and arrived at the chairman’s office.

“Hello, Chairman.”

“Haha, Chairman? Come on in, Seong-min.”

Oh Hyun-moo, approaching with a hearty laugh, placed a hand on my back and guided me to the sofa. I relaxed as I drank the tea the secretary brought, along with Oh Hyun-moo.

“You worked really hard today, Uncle.”

“Is there anything to work hard for? I feel like I’ve finally repaid even a little of the debt I owe Standard, haha.”

My uncle, you can’t fool blood, and it seems like the burden he’s been carrying has been enormous. To burst into a hearty laugh at today’s help, even if you call it a little.

“You must have felt a lot of pressure, haha.”

“Are you kidding me? Which *chaebol* [large South Korean conglomerate] wouldn’t feel burdened after being pushed tens of trillions of won?”

“Then… can I tell you how to get rid of that burden all at once?”

Oh Hyun-moo’s eyes widened at the suggestion I made after taking a moment to prepare myself.

“What’s the method?”

“Please hand over the Shinseong Electronics shares held by your mother’s family to Standard.”

Oh Hyun-moo’s eyes widened as I went straight to the point.

“You want Shinseong Electronics shares? Don’t you know that your great-grandfather cut off ties with your maternal grandfather when Shinseong Electronics was founded?”

I know. Jang Byung-ho is a longtime friend and in-law, but when he said he would enter the electronics business, my great-grandfather rebuked him as an unacceptable human being and immediately ended the business and human relationship, right?

“I know. They even cut ties in front of people. But.”

I gave a meaningful answer and looked at Oh Hyun-moo’s hardened face with a calm expression.

“Even the mighty Shinseong Group couldn’t overwhelm other *chaebols* in the 60s and 70s. It would have been a burden for my maternal grandfather to make several *chaebols* who were in the electronics business enemies at once.”

“…”

Oh Hyun-moo stared at me without saying a word, as I was saying harsh things to his face for the first time.

“However, I also know that my maternal grandfather wanted to do the electronics business, so he requested a compromise on the condition of handing over Shinseong Electronics shares. Before the founding of Shinseong Electronics, GK Electronics, or rather, Geumseong Electronics, was the best electronics company in Korea, so it was possible.”

After that, I told Oh Hyun-moo about the backroom deals I had heard from my grandfather and the information about beneficial owners that I had recently gathered through Myeongdong’s private loan organizations.

“What do you think, Uncle? Am I wrong?”

I didn’t like treating my uncle like I was interrogating him, but if I can’t get Shinseong Electronics shares from my mother’s family now, I can’t bring down my in-laws. Shinseong Electronics will be the second-place in memory semiconductors and foundries, even if GSMC takes first place, right?

Oh Hyun-moo, who had been staring at me with a stiff expression, drank the lukewarm tea in one gulp.

“Hoo… Did your father-in-law from Samcheong-dong tell you?”

“Yes. I mobilized our family’s private loan organization, which the world believes has been dismantled, to find out, so it’s probably correct in the big picture.”

I told him about the existence of our family’s private loan organization, which I hadn’t even told Jang Ha-yeon. This is a place where I can get Shinseong Group in my hands. I had to reveal as much as possible to get it, and my grandfather told me to do so, so I had no hesitation.

Oh Hyun-moo sighed once again as he looked at my firm eyes.

“You’re right. 15 percent of the current Shinseong Electronics shares belong to our family, or rather, our group.”

My eyes widened when I heard Oh Hyun-moo admit the truth. 15 percent of Shinseong Electronics shares is definitely a joker that can turn the tables, right?

“U-Uncle?”

I was so surprised that I even stuttered, but Oh Hyun-moo continued his story without paying attention to my appearance.

“Jang Byung-ho was the first to kneel and beg in front of your great-grandfather. He asked him to persuade other companies to allow him to establish Shinseong Electronics, promising to hand over the shares after the listing.”

‘To think that Jang Byung-ho, who had nothing to fear, would kneel and beg…’

Jang Byung-ho must have wanted to do the electronics business so badly that he even knelt, but it’s a black history that Shinseong Group wants to erase. Whether it’s ugly or beautiful, now that Taehyun and Haedong have separated, how humiliating would it be for Shinseong Group, which had regained its position as the No. 1 business group?

“Your great-grandfather accepted it because he thought it wouldn’t be a loss-making deal, and after persuading other electronics companies, he presented a compromise to the government. He received the shares as promised, although they were under borrowed names.”

After that, Oh Hyun-moo told me even more shocking stories.

“Your mother’s family chose RDRAM as a result of negotiations with Shinseong Electronics?”

“Yes. Your in-laws wanted to get involved in RDRAM through us, so they arranged a deal with Hitachi and bought GK Electronics shares under borrowed names. It was all cleared up during the financial crisis, though.”

In the end, Shinseong and GK had a foot in both DDRRAM and RDRAM through both sunny and shady lands. Oh Hyun-moo continued the story with a bitter smile.

“…We disposed of the shares in our domestic nominee accounts during the financial crisis, but the investment companies that collected those shares are also managing our group’s funds. Thanks to this, we were able to bring funds from overseas investment companies into Korea, while the shares circulated within our family.”

‘My uncle, no, my mother’s family is a *chaebol* to the bone, haha.’

The shares were protected as shares, and overseas slush funds were brought into domestic accounts while selling the shares, so it was a subtle move. Oh Hyun-moo smiled bitterly as he looked at me, who was smiling bitterly on the outside and inside.

“I know. I know this is a dirty trick. Anyway, I thought there would come a day when I could use these shares, but…”

Oh Hyun-moo, who was slurring his words, spoke clearly.

“Even if you take these shares, they won’t mean much to you now, Seong-min.”

“What do you mean?”

“You already have enough. Besides, Shinseong Group is no different from the Titanic you invested in. So why are you so obsessed with Shinseong Electronics?”

He’s not wrong.

In my early thirties, I became the head of the Haedong Group, one of the top five business groups. I’m the owner of Standard Capital, which manages trillions of dollars in assets, and I’ve built up a brilliant network of contacts, including Henry and Isaac. But…

‘I won’t be satisfied until I take Shinseong Group out of the hands of the Jang family.’

I was grateful and sorry to Jang Ho-gun because the misunderstanding from my previous life had been resolved, but I couldn’t leave Jang Yong-jae and Jang Su-yeon alone. Aren’t they the ones who killed me?

I had to make those bastards live without being able to die, but since I couldn’t tell the truth, I gave the reason that seemed most convincing.

“Chairman Jang Byung-ho, my maternal grandfather, abandoned my family’s money and trust, which amounted to 100 billion won at the time of the 8.3 private loan freeze. Isn’t that right, Uncle?”

“You knew that…”

Oh Hyun-moo, who was flustered, looked at me and smiled helplessly.

“Your father-in-law must have told you. Now that you’ve become the head of the Haedong Group.”

It was a story I heard before I became the head of the Haedong Group, but I smiled bitterly and went along with it.

“Yes. I heard they had a very dirty drinking party. My maternal grandfather didn’t even go to that drinking party and told my great-grandfather and grandfather about it. The late Chairman Myung Jin-ho apologized during the financial crisis, so the resentment was resolved. But.”

I took a moment to catch my breath and gave a cold smile.

“Chairman Jang Byung-ho and his in-laws are still pretending not to know, so I have to get back all the principal and interest.”

The way to get back all the principal and interest, including my family’s resentment and my own, is to take Shinseong Group out of the hands of the Jang family. More than anything…

“Chairman Jang Byung-ho is said to have treated Ha-yeon like she didn’t exist. Like she was a child her father-in-law brought in from outside.”

“Your wife… was she born out of wedlock?”

I nodded at Oh Hyun-moo’s question, who paused for a moment as if he was quite surprised.

“Legitimacy doesn’t matter, Uncle. I’m sharing the same room and the same bed with Ha-yeon because she’s Ha-yeon.”

Oh Hyun-moo coughed at my brazen answer.

“Ahem… it’s a bit embarrassing, Seong-min.”

“I’m sorry, Uncle. But if that Ha-yeon, now my woman, takes over Seonguiwon [a powerful foundation], what do you think that old man Jang Byung-ho will be like in the underworld? What about his in-laws?”

The dead have no voice, but if Jang Ha-yeon, who has become my woman, takes over Seonguiwon, Jang Byung-ho will wail and bleed to death in the underworld. What revenge could be more satisfying than that for the living in-laws?

“Now that I see it, our nephew seems to have inherited the blood of your father-in-law from Samcheong-dong, not the blood of your brother-in-law and Mi-hyun, haha.”

Oh Hyun-moo’s assessment was wrong.

I clearly inherited the blood of my father, Lee Myung-woo, and my mother, Oh Mi-hyun, so I’m so soft that I’m mushy.

But now that I’ve experienced everything and come back, my anger and resentment were too heavy to live according to my true nature.

If I didn’t put down this burden, I felt like I would live as a loser for the rest of my life, regardless of the wealth, fame, and power I held, so I wasn’t going to miss this opportunity.

“There’s no need to make unnecessary enemies, but I have to fight to the death with those who are irreconcilable enemies. That’s why I’m trying to secure the nominee shares on my mother’s side through Standard.”

“Hmm…”

The humming sound coming from Oh Hyun-moo’s mouth stopped.

“Did Standard say they would help?”

It was a question that still didn’t know about the relationship between Standard and me, but I could feel the worry in Oh Hyun-moo’s voice and eyes.

“Do you think I’m relying too much on Standard?”

Oh Hyun-moo nodded at my cautious question.

“Didn’t the people who were touched by Standard move even in the Federation of Korean Industries today? It’s not my place to say, but I’m worried that the influence of Standard, a foreign capital, is getting too big.”

In fact, Standard Capital is the largest foreign investor in the country.

Not to mention Haedong Motors and GK Group, how much money has been invested in the reconstruction of Miryong Group, the friendly stake in Taehyun Motors Group, and Taehyun Group’s entry into the discount store business? What about the super-long-term bonds and stocks that have been laid down in other groups and banks?

Whether it was patriotism or anxiety, Oh Hyun-moo seemed to be worried that its influence had become too great, apart from Standard’s help. Now I have no choice but to tell my uncle the truth.

“You don’t have to worry.”

“What do you mean?”

“Standard Capital is my company.”

After that, I drank tea with my uncle and told him about the things I had done from the founding of Standard Capital to the present. Every time he heard the story, Oh Hyun-moo couldn’t find his usual gentle appearance, as his mouth dropped open, his eyes widened, or he laughed heartily.

“To think our Seong-min has grown up this much…”

“Once I give Shinseong Group to my wife, GK, Shinseong, and Haedong will dominate the global IT industry.”

Even at my words that seemed arrogant, Oh Hyun-moo nodded with a satisfied expression.

“Of course, they will. If Shinseong changes from a competitor to an ally, there will be nothing to fear, hahaha.”

Oh Hyun-moo, who laughed heartily once again, wiped away the dew that had formed in his eyes.

“Then I should tell your grandfather that Standard is your company and that our family’s Shinseong Electronics nominee shares should be handed over to Standard.”

“If possible, tell them to entrust their family’s money to Standard as well. I’m managing the money of Chairman Myungseong and Myungui-jin, so I can’t leave out my mother’s family, hehe.”

The wealth of my mother’s family is also a scale that can never be ignored. My uncle chuckled as I seized the gap and started 영업 [business 영업/sales activity].

“Okay, you rascal. But I will never tell anyone other than your grandfather, Su-chan, and Hyun-joon that Standard is your company.”

“Yes, Uncle.”

***

After finishing the meeting with Oh Hyun-moo, I returned to the Standard Capital headquarters.

“How did it go?”

“Did he say he would sell the nominee shares… or that he had them?”

I nodded at Seon Hae-cheol and Park Tae-jin, who swallowed dry saliva.

“It worked out well. When I revealed that I was the owner of Standard Capital, he said that he would entrust even his mother’s family’s petty money to our company, haha.”

I laughed heartily and told them the story I had heard from my uncle. Seon Hae-cheol clicked his tongue when the story was over.

“Wow… your mother’s family is a *chaebol* after all.”

“If this story is revealed to the world, the semiconductor industry in Korea and around the world will be turned upside down, Chairman.”

Even Park Tae-jin couldn’t hide his surprise on his face. As he said, wouldn’t countries around the world attack the two companies for colluding?

“Anyway, once we receive the shares, we have to move on to the next stage. Contact the headquarters to create a few private equity funds and receive the shares first.”

Even if we receive Shinseong Electronics shares, there are more gates to pass through. I immediately sat down in front of the computer and wrote an email to send to the headquarters.

***

As soon as I sent an email to the Standard Capital headquarters that day, several private equity funds with our funds were established, and after a week of on-market and off-market transactions, Shinseong Electronics shares came into my hands.

“The deal is finally over.”

“Should we go to America now?”

I nodded at Seon Hae-cheol’s sly smile.

“I have to. There’s someone I need to meet.”

The game is over if I grab that bastard by the neck and make a deal.