The Genius Grandson Of The Cash King Becomes A Tycoon [EN]: Chapter 53

#053

“First, we must seize the top spot in the industry, and second…”

Jeong-hoon looked around and then swallowed.

“Second, we will acquire Daehan Heavy Industries.”

“Pardon?”

The directors all looked at Jeong-hoon at once.

It was a completely unexpected plan.

“There’s no need to be surprised.”

It was unthinkable for a securities firm with a capital scale of less than 1 trillion to acquire a large heavy industry company.

Beyond the scale, financial companies cannot own companies engaged in manufacturing.

“We are restricted by the separation of banking and commerce, CEO.”

“The scale is too large for us to handle.”

“It hasn’t been long since the merger, and things are still chaotic.”

The directors expressed negative opinions.

Kwon Young-soo quietly raised his hand.

The surroundings quieted down, and everyone looked at him.

“I think it’s possible.”

Kwon Young-soo, who had returned as vice president, took a positive stance, surprising everyone.

He had been the man most opposed to Yoon Jeong-hoon until now.

“Why?”

Jeong-hoon asked back.

“Actually, rather than thinking it’s possible, it needs to be possible. Absolutely. Everyone knows the current situation of the telecommunications company that acquired Korea Telecom [a formerly state-owned telecom giant]. Selling a public enterprise is practically free money. So, we must succeed no matter what. Secondly, unlike the old BHC Securities, we are now Shinwha Securities, ranked second in the industry. It’s a bit of a stretch, but it’s worth trying.

Lastly, the separation of banking and commerce is not an issue if we enter as a financial investor.”

Instantly, sighs erupted from the people.

Everyone thought of themselves as executives of the old securities company.

So, they were limiting the power of their imagination.

However, Kwon Young-soo expanded his thinking to the size of Shinwha Securities.

In that moment, Jeong-hoon thought.

‘Has that man grown this much? It was definitely the right choice.’

He gave him the opportunity of trust.

Kwon Young-soo did not miss it and developed himself.

Seeing Kwon Young-soo, who had grown even more than he had thought, Chun Jin-hyuk suddenly came to mind.

A world-class talent.

He saw hope that people could be reformed.

“And lastly, it’s CEO Yoon Jeong-hoon’s opinion. It’s embarrassing, but looking at the path the CEO has taken so far, the acquisition is possible. First place in the BHC Securities investment competition, growth to second place in the industry through the securities firm merger.

The rapid growth of Joongbu Construction.

The achievements made so far are amazing. He wouldn’t have said it without thinking.”

The surroundings became quiet.

In the expressions of the directors who heard Kwon Young-soo’s words, a willingness to try began to take root.

Looking back, none of it was wrong.

The investment competition that achieved a great turnaround.

Growth through mergers and maximizing returns.

All were achievements made in just one year.

“Ahem, it’s an overstatement, but there’s nothing wrong with what you said.”

Jeong-hoon looked around and added briefly.

“If I add one last reason, it’s for Shinwha Securities. Shinwha Securities, which merged BHC, Dongseo, and Heaven Securities, is still separate like water and oil [incompatible]. So, Shinwha Securities has no identity.

‘The myth of turning the impossible into success.’

This is our Shinwha Securities’ motto. This acquisition battle is an opportunity to be reborn as Shinwha men.”

After finishing speaking, Jeong-hoon swallowed. Then, he slowly looked around and opened his mouth.

“The person in charge of this acquisition battle is…”

As Jeong-hoon turned his head, everyone lowered their heads and avoided his eyes.

No one was sure.

Only one person was looking at Jeong-hoon.

“Are you confident?”

“Yes. I will show you with results.”

Everyone else had given up, saying it was impossible.

But he did not back down.

What had changed him so much?

“Then, I’m counting on you, Vice President Kwon Young-soo.”

There were worries and concerns from the people, but Jeong-hoon did not doubt that he would do his best.

Jeong-hoon left the conference room.

Hong Young-ho offered Kwon Young-soo a cup of instant coffee.

“Vice President, do you think it will work?”

“Of course. The CEO doesn’t do things that won’t work. He accurately judged what to do on the morning after 9/11.”

“Indeed, he accurately predicted when it would fall and rise that day.”

Hong Young-ho also nodded.

“It’s a project that such a person has decided on. It has to be done because it’s possible. Aren’t we Shinwha Securities?”

“…Haha, when did you switch to the CEO’s line?”

“Ahem, don’t say switch, my friend. It’s just a reward for trust.”

Indeed, Hong Young-ho knew even better.

At CEO Yoon Jeong-hoon’s request, he persuaded him to return.

At that time, Director Hong thought CEO Yoon Jeong-hoon’s request was futile.

But looking at the current situation, he was right again this time.

A human being who has grown one step further is sitting calmly in front of him.

After thinking for a moment, Kwon Young-soo tilted his head and opened his mouth.

“But in this acquisition battle, aren’t we just a supporting role?”

“Pardon?”

“I have a feeling that there is a main character somewhere else.”

“The main character is obviously the CEO. We have to do our best to support him. Don’t you think so?”

“That’s right. Our CEO seems to be getting busier.”

“That’s right.”

The supporting actors move for the main character. They vowed to be the best supporting actors so that he could shine.

***

On a corner of Namsan Hill [a prominent hill in Seoul] was the residence of Song Cheol-ho, chairman of Ilsong Group.

A vast site approaching a thousand square meters.

The high fence, designed to prevent anyone from seeing inside, was well-suited to the secretive atmosphere of the group.

The door to the underground parking lot opened, and a top-of-the-line Rolls Royce entered.

Chun Sang-soo, chairman of Heaven Group, who got out of the car, took a deep breath.

The last chance given by Chairman Song.

It was a place to report on the plan to acquire Daehan Heavy Industries.

“…That’s all, Chairman.”

After briefly finishing the report, Chairman Chun looked ahead.

Chairman Song Cheol-ho seemed to be distracted by the woman in his arms.

His expression, which had been gleefully chatting with the woman in his arms, changed.

“Sang-soo, are you confident?”

It was a chillingly cold voice.

“Yes, I will do my best.”

“You have to. You have nothing left to lose, so you have to do it right.”

“Yes, Chairman.”

Song Cheol-ho smiled at him, who was nervous.

“You’ve worked hard. You’ve prepared well. Move the prosecutors to dig up the slush funds of the president and directors, and then cause a strike and violent incidents with the union members, and then have the police sweep away the union members. Then there won’t be any problems.”

“Yes, Chairman. If we eliminate the union while reorganizing the personnel like that, we can get at least 1 trillion more.

Originally, the Daehan Heavy Industries union is famous for being militant.

And if our Heaven Construction or Chairman’s Ilsong Construction builds apartments on the prime land that Daehan Heavy Industries currently owns, we can pull in hundreds of billions more.”

“Hehe, Sang-soo has really sharpened his knife this time. You’ve worked hard.”

“Have a drink.”

“Thank you.”

Chun Sang-soo knelt down, bowed his head, and held the glass with both hands.

Song Cheol-ho, who stood up, poured an expensive liquor worth over twenty million won [approximately $15,000 USD] into his glass.

“Drink.”

He emptied it in one go.

“If you fail this time, you’ll become fertilizer in the mountains like your son. You know that, right?”

“Yes, Chairman. There will be no failure.”

“Yes, yes.”

A pleasant drinking party began. The tension was relieved for the first time in a while.

At that time, the door opened and two people entered.

“Chairman, we’re late.”

“Chairman, how have you been?”

It was Senior Prosecutor Park Hyun-cheol and Chief Judge Jo Jae-wook.

“Yes, sit down and drink.”

Song Cheol-ho, who was in a good mood thanks to the alcohol and women, offered them a drink.

“Is your work going well?”

“Yes, sir. I recently met the friends from the Ilsong Scholarship Foundation, and it seems like this class has a lot of talent.”

“Really? If they have a lot of talent, we should use them well.”

“Yes. I will use them well to the bone.”

“Hahaha, yes, eat them well. And make sure to instill in those friends the hope that they can become royal family members too. They need to smell it often and have expectations to enjoy their work.”

“I understand. Isn’t that my specialty? Hahaha.”

Several more women entered, and bomb shots [a mixed drink] were exchanged.

Consciousness was fading, but the density of the drinking party became even thicker.

Chairman Song Cheol-ho, who was struggling in the arms of a woman, asked a question.

“Hey, what is that bastard doing these days?”

“Who are you talking about?”

“That hopeless bastard, Jeong-hoon, that bastard.”

Park Hyun-cheol was somewhat surprised that the elder was looking for Jeong-hoon.

The fact that Yoon Jeong-hoon called him Jeong-hoon instead meant that he was interested in him.

“Yes, he’s been quiet since Shinwha Securities was launched this time.”

Park Hyun-cheol replied.

“Really? He’s not the type to be quiet.”

“He has something big that exceeds his capacity. It will take some time to digest it, won’t it? Elder.”

Justice Jo Jae-wook quietly opened his mouth.

“What? It exceeds his capacity? You haven’t seen him yet, so you don’t know. I don’t know about that bastard’s capacity, but he seems to have a lot of greed… It seems like he wants to swallow Heaven Group whole, hahaha.”

Everyone else laughed along, but Chun Sang-soo couldn’t laugh.

He was reminded of Heaven Securities, which he lost because of Yoon Jeong-hoon, and his son.

“He’s not the type to stay still, never. Sang-soo, keep a close watch. Yoon Jeong-hoon should follow the path Jin-hyuk went.”

“Yes, Chairman…”

Chun Sang-soo carefully opened his mouth.

“Did Jin-hyuk go peacefully?”

“Of course. I sent him off peacefully. Wasn’t he a guy I liked at one time? He’s resting peacefully in an unnamed mountain, so don’t worry about it.”

Chun Sang-soo bit his lip.

Song Cheol-ho smiled inwardly as he looked at him.

“You have to avenge Jin-hyuk. Can’t you hear the sound of wanting Yoon Jeong-hoon as a sacrifice?”

“I can hear it. I will put Yoon Jeong-hoon on Jin-hyuk’s memorial table. Elder.”

“Yes, tear Yoon Jeong-hoon to pieces with such a desire for revenge. Got it?”

“Yes.”

Chun Sang-soo’s eyes burned with revenge, and Song Cheol-ho was delighted as if he was watching an interesting spectacle.

“But that guy isn’t aiming for Daehan Heavy Industries, is he?”

“Chairman, he’s not a big enough guy for such a trivial person to touch.”

Song Cheol-ho clicked his tongue at Park Hyun-cheol’s words.

“Tsk tsk, that’s why you get beaten. A trivial person… That trivial person ate Heaven Securities and even took Dongseo Securities.”

“Ahem, that was just good luck…”

“Smash”

The glass collided with the wall and shattered into pieces.

“Luck is also a skill. How many times have you ruined things by underestimating your opponent and being careless?”

“I’m sorry. I will prepare thoroughly. Please don’t worry too much.”

He bowed his head to Chairman Song Cheol-ho.

Song Cheol-ho, who glared around and frowned, took the woman next to him.

His face gradually began to soften.

“You have to do well. That’s how you guys survive. Hahaha, do well, do well.”

He raised the mood again with a laughing voice.

“Yes, Chairman.”

The loud voices of the men who were kneeling echoed loudly.

***

Jo Young-jin visited the office secretly prepared for the by-election in the Joongbu Market.

He felt an atmosphere he had never felt before in the office located on the second floor of an old and dilapidated shopping district.

The phone rang loudly, and people seemed 정신없어 [chaotic/ 정신없어 is a Korean word that means ‘ 정신없어’].

It was overflowing with a different kind of vitality than the quiet silence of the last time he visited.

To exaggerate, it was overflowing with the vitality of a five-day market.

“Have you arrived? Assemblyman.”

Kwon Yul, the union leader, greeted Jo Young-jin.

It was a bright face.

“Has the atmosphere suddenly changed too much?”

“Yes, sir. Suddenly, calls are coming in from everywhere. Asking us to attend, asking us to lecture. So, we’re 정신없어 [chaotic] right now.”

“Hehe, that’s good. You’re about to become a candidate, so you have to go around and get your face out there.”

“Yes, sir.”

Kwon Yul briefly looked around and then took Jo Young-jin to a room inside the office.

“Since you met CEO Yoon Jeong-hoon, sir, more and more places are calling us. And when we go and say hello, everyone promises to sponsor us as if they had made an appointment. We are getting quite a bit of the money and organization that we have been lacking so far.”

“That’s a relief.”

“Did you promise CEO Yoon Jeong-hoon anything in return? If there is anything like that, it would be better to coordinate it in advance…”

“Hey, what do you think of me? There is no such thing as a reward.”

Kwon Yul was relieved to see Jo Young-jin getting angry.

The assemblyman he knew was not the kind of person to make such promises.

But Jo Young-jin was uncomfortable.

The key to this deal was to introduce the union leader of Daehan Heavy Industries.

It’s not even a solicitation.

He just asked to meet him once.

He is receiving too much support in return.

He didn’t know whether to be happy or worried about being caught.

“The atmosphere looks very good. Elder.”

“No, what are you doing here?”

“I was just passing by. I didn’t know you would be here.”

“I also happened to be nearby and stopped by. Union Leader Kwon Yul is all smiles.”

Union Leader Kwon Yul greeted Jeong-hoon.

“How have you been? Young Master. Congratulations. I enjoyed watching the national top student interview.”

“Thank you.”

“But what is that debtor? You said he wasn’t human, but everyone is very curious.”

“It will be revealed gradually.”

Jeong-hoon answered Kwon Yul with a smile.

“I think it’s thanks to you.”

Jo Young-jin said with a strange expression.

He was happy that the office was running well, but he seemed 불안해 [uneasy/ 불안해 is a Korean word that means ‘uneasy’] about possible solicitations.

Jeong-hoon had to reassure him.

“It’s a gift, Elder. Gifts have no price. Don’t worry.”

“Hehe, this friend speaks very 재미있게 [interestingly/ 재미있게 is a Korean word that means ‘interestingly’]. It’s like he’s looking into my heart.”

“You flatter me.”

“By the way, are you free today?”

“Why suddenly?”

“I want to give you a gift too!”

“Then I have to make time.”

“Yes, make some time. I’m meeting an old friend of mine tonight. He works at Daehan Heavy Industries, and I want to introduce him to you.”

Jo Young-jin looked at Jeong-hoon and smiled.

Jeong-hoon saw that 모습 [appearance/ 모습 is a Korean word that means ‘appearance’].

‘Okay. Now I can proceed to the next stage.’.

He was relieved.

He was finally able to see Jo Young-jin’s old friend.

Jeong-hoon had a lot to prepare.

He had to prepare a gift for him, whom he was meeting for the first time.

The Genius Grandson of the Cash King Becomes a Tycoon