A Lie Has Become Reality - A Lie Has Become Reality chapter 44

44 – So who’s going to mess around?

“Why do you think I called you here?”

Who is Kim Young-hoon?

He is a superman and giant in the business world who controls and shakes the Korean economy, who built the Taewoong Group from scratch into a world-class company.

That’s why he’s asking himself right now.

Why did he call me and the like himself?

“I don’t know… I don’t know, bro.”

“Heh heh, Tae-won, your guy is also very old. Seeing that you have no sense of it, the people below must be having a lot of trouble.”

“Kuhmm… !”

“It seems like just yesterday that I was excited about winning a real estate development right.”

“Brother… !”

We are kind of like brother and sister, but in this relationship, there is clearly a fixed grade.

And needless to say I am an overwhelming Super Eul.

Although I am also in the position of managing a large construction company, any company becomes equal in front of Taewoong.

Because in front of Tae-woong, a power struggle is practically meaningless.

“That’s why you can’t grasp the atmosphere like this and make me call you myself. Isn’t it?”

Gulp.

My neck was shaking with tension.

Chairman Kim Young-hoon, who spoke calmly with a grave look, was fear itself.

What on earth had disturbed his heart, why was he calling himself here and reprimanding him so much?

I couldn’t even get a clue because my head was stiff from the tension.

“…… “

All I could do was hide my trembling hands under the desk and remain silent.

“Taewon knew from the very beginning that you were a man full of ambition.”

“Big… “

“Jeonhang Group’s management rights, please get out of here.”

“…… !”

Jeonhang Group.

Only then did the misaligned cogs begin to mesh.

A few years ago, I secured about 12 million shares of Jeonhang Mulsan through three affiliates of the Paldo Group.

Instead of empowering Jeon Hyo-min’s management rights, it was conditional on her participation in management, such as recommending candidates for the honorary chairman of Jeonhang Group, appointing registered executives and auditors for Jeonhang Mulsan, and real estate development rights.

And recently, a video in which Jeon Hyomin spat out harsh words against Taewoong Group went viral.

At the right time, it must be that President Kim Young-hoon, who was angry at Vice Chairman Jeon Hyo-min’s harsh words, directly stepped forward to block her path.

But I don’t understand it at all.

The usual chairman Kim Young-hoon, whom I knew, was not a person who directly came out and exerted influence just because of such stupid remarks.

“…… Are you serious brother?”

“Heh heh. Are you deaf now?”

“I can’t believe it was because of Vice Chairman Jeon Hyo-min’s harsh words… “

“Maybe it’s because the Paldo Group has grown in size, but the liver didn’t grow so much that it jumped out of the boat.”

Chairman Kim Young-hun smiled with a cold face and shed his ears.

“This is a notice. You must have made enough profits, so you can get your hands off it.”

He stated calmly as if there were no more negotiations.

“Let’s raise cash by selling Jeonhang Mulsan stocks. I’ve got some pretty big things in store.”

“It’s the first time I’ve ever seen you live and live so emotionally.”

“Let’s get rid of the jokes. So, what are you going to do?”

This is absurd.

Isn’t this like threatening someone with a gun pointed at their head?

I can’t be hostile to Taewoong just because he’s crazy, so I have no choice but to eat the food he throws at me and let go.

It’s unfortunate, of course, but it’s not such a big loss since I’ve been taking profits sweetly.

“When did I ever say anything to my brother?”

Ssiik-

A smile of victory spread across Chairman Kim Young-hoon’s mouth.

Anyway.

It seems that the Jeonhang Group is in a pandemonium that far exceeds their expectations.

It’s to the extent that President Kim Young-hoon raises his size just because of his last words.

But no matter how you think about it, it’s strange.

Chairman Kim Young-Hoon said he was excited about the last words and went out on his own?

There would be no reason to buy stocks from yourself now unless great news comes to the Jeonhang Group in the near future.

For example, large-scale mergers and acquisitions….

Well, it’s already out of my hands, so what can I do if I have regrets?

The more you think about it, the more your belly hurts.

****

Gangnam Jeonhang Mulsan headquarters.

The 61st regular general meeting of shareholders of Jeonhang Mulsan.

What is a shareholders’ meeting?

The General Meeting of Shareholders is literally the highest decision-making body of a stock company that can make important decisions regarding the company’s management.

The important thing here is that shareholders who own stocks of the company can exercise voting rights as many as the number of stocks they hold.

Time passed and passed, and finally the day of the general meeting of shareholders of Jeonhang Mulsan arrived.

Starting from the video I spread, many of her activities were revealed to the public.

Jeon Tae-Hyun must have decided to collect the data, and among them there were quite a few shocking videos.

Thanks to that, when she returned to Korea after her vacation, the reputation of Jeon Hyomin and Jeonhang Group had already been completely destroyed.

And today, I attended this event as a shareholder representative for Chairman Kim Young-hoon, who is the major shareholder of Jeonhang Corporation.

When the video became public opinion, I received a phone call from Chairman Kim Young-hoon, and I recited in detail the situation at the time and the revenge plan using the mountain bank to him, who was furious.

However, this man suddenly took 600 billion won worth of Jeonhang Products shares, like Santa Claus holding a gift package.

He must have made such a big decision since he calculated that he could make a profit in his own way.

The reason Jeon Hyo-min, sitting in the front, has a swarthy complexion must be thanks to that.

Since the Paldo Group she trusted puts a knife in her back, how hot will it be?

Is it because the public is paying attention to the results of this shareholders’ meeting as the dispute over the management rights of the owner family of the Jeonhang Group is heading toward catastrophe?

The prepared 250 seats were already full, and the shareholders who could not sit down watched the shareholders’ meeting while standing.

“Agenda No. 1, We will propose the approval of the 61st financial statements and consolidated financial statements.”

Agenda No. 1 Was raised and the shareholders’ meeting began in earnest.

There was a battle between the shareholders, and all sorts of high-pitched voices and pointing were exchanged, but a full-fledged main dish hadn’t even come out yet.

I was just leisurely enjoying the appetizers before the main dish arrived.

“Agenda No. 3, The appointment of directors, will be presented.

It’s finally out.

Here, Hyomin Jeon is at a crossroads between her reappointment as director and her resignation.

There are three main types of governance of a stock company, that is, a decision-making executive body.

A General Meeting of Shareholders, Board of Directors and CEO.

Why is the board of directors important here?

The board of directors has the authority to make all decisions regarding the company’s business operations, except for those that are de facto the authority of the shareholders’ meeting. It is also common for the representative director to be appointed and dismissed by the board of directors.

Of course, as the power is so strong, the term of office for directors is ‘maximum’ of 3 years.

And today is Jeon Hyomin’s ‘day of destiny’ as his tenure is about to expire.

“Starting with the recently publicized case of Hyomin Jeon’s plane crash, the Jeonhang Group has been facing numerous difficulties due to the tyrannical management of the emperor.”

As soon as the bill came out, the comments of angry shareholders began to pour in.

This is also the reason why Jeon Hyo-min’s reputation was smashed to the point of belatedly leckaging on YouTube.

Because there must be a justification for dismissal or not.

“Currently, the company’s reputation has plummeted and its business performance is plummeting. To what extent is that level, when the name Jeon Hang Group is mentioned, the first word that comes out of people’s mouths is the girl with a bad temper.”

Jeon Hyomin’s face, sitting in the frontmost seat, was distorted like a liquid monster.

The aides sitting next to him began to shout recklessly, pointing at the shareholder who started speaking.

It is so noisy that it feels like watching the break time of a local elementary school.

I just kept my chin on my chin and watched the situation as if I was bored.

“Let’s start voting.”

And finally, in an overheated atmosphere, voting took place in earnest.

I immediately finished voting and sat down to watch Hyomin Jeon’s complexion change from moment to moment.

It was quite an interesting sight to see.

Jeon Tae-hyun, who was sitting next to me, smiled warmly at me when our eyes met.

After wasting time like that, the chairman announced in a relaxed tone that the vote counting was finished.

“Vote counting has been completed.”

The time for judgment has finally arrived.

If the term of office fails here, Hyomin Jeon, who will be withdrawn from the front lines, will lose the right to vote on the board of directors.

There’s no way they’ll stay by Jeon Hyo-min’s side because they’re crazy.

If that happens, she will fall from a person of power who controlled the Jeonhang Group to a shareholder who only owns a lot of stock.

“45% Of the total number of votes were against Hyomin Jeon’s reappointment.”

As soon as the chairman spoke, the inside of the chairman began to be filled with sighs and cheers.

Of course I cheered.

“As the articles of incorporation did not meet the quorum of two-thirds, it is declared that the reappointment of director Jeon Hyo-min has been rejected.”

Bang Bang Bang-!

The chairman struck down the decision hammer in succession.

Jeon Hyomin was sitting in her seat, her head bowed, and mercilessly tearing at her own hair.

With the shocking results, the atmosphere at the scene was no different from a mayhem.

This shareholders’ meeting does not mean that she will completely fall.

Since it is an annual general shareholders’ meeting, the opportunity is not completely gone from her point of view.

Of course, you will go through all kinds of ups and downs for the rest of the year because of me, and after that your chances of winning will decrease significantly.

That’s none of my concern.

“There is no separate bean flour family.”

I muttered to Hyomin, who started glaring at me with her murderous eyes.

So, who wants to be a jerk?