God of Corporate Hunting - Chapter 292



Only Noblemtl
Read Novel Noblemtl

◈ Episode 292 The Fall of Everly (3)

The next day, when the stock market opened, there was a change in the stock price of Bukseong Chemical Energy.

It showed strength from the beginning and continued to rise even after trading began.

“Huh? What will happen if I do this?”

Shin Cheol-ho expressed his concerns.

Of course, it is advantageous for Mega Asset Management if the stock price falls. This is because they can receive the shares at a slightly cheaper price.

Nam Yun-myeong responded nonchalantly.

“Don’t worry about it. It was expected.”

“Really? Is KR Investment Group raising the stock price?”

It is not an impossible assumption, but it is not easy considering the financial power of KR Investment Group. Rather, it can be seen as the reason for Yoon Se-hyeok’s intervention.

This means that you will end up using all your money to purchase Bukseong Chemical Energy stocks.

Considering the size of Bukseong Chemical Energy, it is not the work of Yoon Se-hyeok alone, but rather the work of Chairman Hyeon Jae-seop, Hyun Chang-yoon, and Hyun Chang-min.

The reason is obvious even without looking. They haven’t given up on Bukseong Chemical Energy yet.

“It’s Chairman Hyeon-seop’s side.”

“Really? I guess you still have money left?”

“The last flame is usually the most splendid.”

Hyun Chang-yoon was an enemy from the beginning, but Hyun Chang-min and Yoon Se-hyeok had given him a chance to turn back. Looking at their actions, there was no reason to show mercy to these two anymore.

Although they weren’t considered rivals in the first place, HyunA Sol and Yoon SeBin were able to take a breather anyway.

“What do we do now? Didn’t we say we shouldn’t trade? Should we just watch it go up with our eyes wide open?”

“No way.”

Nam Yun-myeong smiled faintly.

The financial power of the current Seop side is obvious even without calculating it. The limit of how much they can raise the stock price is only today. This is clear when you consider the size of Bukseong Chemical Energy. The influence of Bukseong Chemical Energy, which is one of the few in terms of market capitalization, is so great that it is difficult to manipulate the stock price to the point where it has to compete with index futures.

Nam Woon-myeong called Hyun-jae Eun.

“Jae-eun, I have something to tell you.”

[What is it? I was already worried because the stock price of Bukseong Chemical Energy was rising.]

“Oh, that’s right. I explained it earlier as a love triangle between Chairman Hyun-Seop, Everly, and us, right?”

[Yes, I remember. That’s why I need some time.]

“That’s resolved.”

Nam Woon-myeong explained that he had decided to take over the stock from Everly.

[Then what happens?]

“In fact, with Bukseong Chemical Energy coming into our hands, we have secured all of its affiliates. Only Bukseong Construction is currently in the hands of Chairman Seop.”

[ah!]

“I plan to give up Bukseong Construction. I need that much to support my old age. Then, Chairman Hyeon-seop Hyeon will take care of Hyun Chang-yoon later. The same goes for Hyun Chang-min.”

[Is this Changmin?]

“Hyun Chang-min also joined Chairman Hyeon Jae-seop’s side. Like a bat.”

Perhaps because it was unexpected, Eun-i Hyeon-jae was holding back her words.

“The North Star Group is now in our hands. Now you can take a breather.”

[What should we do?]

“Please give me a statement. End the internal strife. That should be enough.”

[Yes, I understand. Thank you for everything. Let’s discuss the future of the group slowly.]

Nam Yun-myeong hung up the phone.

Hyun-eun accepted it more calmly than expected.

Since she owned Bukseong Foods and virtually maintained a professional management system, she may have been able to easily accept the changes in Bukseong Group.

When all this is over, Hyun-Seop will essentially be reduced to a paper tiger.

Here is their problem. The owner family must figure out for themselves how to punish Hyun-seop and how to bridge the gap between the family members.

If I were awake, I would sell my Bukseong Chemical Energy stocks today at his behest. There is no need for Hyun A-ram or Hyun A-sol to bear the burden of the stock price decline.

* * *

The stock price of Bukseong Chemical Energy was extremely strong, rising by 10% throughout the session.

The change appeared 30 minutes before the market closed.

Eun-i Hae-neun appeared and announced the end of the civil war within the Bukseong Group.

“The current consortium of Korea Asset Management, including me, has decided to acquire the stocks of Bukseong Chemical Energy, in which KR Group invested, through a block deal. Accordingly, the management dispute between Bukseong Life and Bukseong Chemical Energy has come to an end, and we hereby declare that we will carry out a change in the management of Bukseong Chemical Energy in the near future.”

It was short but delivered a clear message to the market.

The end of the Bukseong Life civil war was already known a long time ago, and Bukseong Life’s stock price had already hit rock bottom, so there was nothing special to change.

But Bukseong Chemical Energy was different. According to rumors, both sides were holding their ground without giving an inch of a step back, and for that reason, it was on an upward trend today.

The civil war at Bukseong Chemical Energy has ended.

As soon as the material was depleted, the stock price trend changed.

Eventually, the closing price fell to the lower limit.

Nam Woon-myeong did not sell the stocks as promised and did not submit a report.

The statement released by Hyun Ah-reum has nothing to do with the securities firm’s report.

“Wow! Hyunjae Seop is being kicked out?”

“How long have you been the chairman? It was just a dream!”

“Who is the next president? The former president’s wife? Or the current one?”

“There’s no blood or tears between family members. It was a really fun show.”

“Has there ever been a case where a conglomerate was hunted down like this?”

“Hunting? It’s a family feud.”

“No, behind it is Mega Asset Management.”

Nam Woon-myeong was filled with regret as he looked at the stock price graph of Bukseong Chemical Energy, which had fallen straight to the lower limit.

The stock price will likely continue to decline for another 10 business days.

Of course, there is no way to recover from the KR investment group.

It felt like I could hear Everly’s cry from afar.

* * *

The Korea Financial Forum was held under the auspices of the Financial Supervisory Service.

The forum, which is held annually, was packed with people this year.

* * * * * * * * * * * * * *
* * Baca Novel Korean * *
* * * Noblemtl dot com * * *
* * * * * * * * * * * * * *

Also, big-time figures who control the country’s economy flocked in.

Presidents of commercial banks attended as a basic requirement, and heads of conglomerates, who are rarely seen on a regular basis, attended.

It was like watching a meeting of the Federation of Korean Industries.

There is only one reason.

It was because of Yoon Se-bin.

Nam Woon-myung arrived at the forum site with Yoon Se-bin.

At times like this, he is like a secretary who follows her around. However, now that he is well-known as the real power behind Korea Asset Management and Mega Asset Management, there are many people who are keeping an eye on him.

The person who most enthusiastically welcomed the two people was Kwon Dong-gil, the governor of the Financial Supervisory Service.

If he is the chairman of the Financial Supervisory Service, he is the best among the best in financial companies. Kwon Dong-gil personally came out to greet Yoon Se-bin.

This is where her influence is clearly revealed as the co-CEO of CSK and the CEO of Korea Asset Management.

Even the Minister of Strategy and Finance, the Minister of Trade, Industry and Energy, and the Minister of SMEs and Startups showed up.

Yoon Se-bin greeted them one by one and showed a humble attitude.

Nam Yunming followed her from behind and admired her conduct. She was naturally beautiful and held a high position, but she never lost her humility, so no one would dislike her.

The front row of the auditorium where the forum was held was reserved for VIPs. Nam Woon-myung naturally sat there with Yun Se-bin.

Nam Woon-myeong looked around and found Bank President Yun I-baek.

In the corner over there, I opened my eyes in surprise and watched Yoon Se-bin’s procession.

While Yoon I-baek was settling down as the president of Korea Bank, Yoon Se-bin rose to a higher position on her own.

While Yoon Yi-baek favored Yoon Se-hyeok, she overcame all the disadvantages and achieved it on her own.

Now that she has everything under her belt, the world is full of unpredictable things.

Yun I-baek, who had been hesitating, approached and spoke to Yun Se-bin.

“Sebin, you’re here. Sehyuk, I’m talking about…….”

“Father, tell him to solve that problem himself.”

“But still, aren’t we family?”

“That’s why we have to be more careful. We can’t all go down together, right?”

Yoon Se-hyeok bet all his money on Bukseong Chemical Energy through CFD trading, but was shocked when the price hit the lower limit on the first day.

The next day, a short sale was entered into, but no deal was made, and the price continued to fall to the lower limit due to the aftermath of the statement announced the previous day.

After four whole days, the lower limit was lifted, and Yoon Se-hyeok’s account was not only halved, but he was not even able to recover the principal. In fact, because he had used leverage, he was in a situation where he had to pay additional money.

Yoon Se-hyeok asked for help at home, but Yoon Se-bin coldly refused. The responsibility for investment lies with the individual.

Yoon Yi-baek turned around without saying anything to Yoon Se-bin’s frosty reaction.

Nam Woon-myeong checked to see if Chairman Hyun Jae-seop had arrived. As expected, he did not show up.

Although I don’t know, Chairman Hyeon-seop’s circumstances may be similar.

In fact, it is estimated that Chairman Hyun-Seop Hyun has lost most of his shares and is now in a state of beggarhood.

Although it could not be said that this was a matter of course, Nam Yun-myeong felt relieved.

They disbanded and took over the Bukseong Group and made its chairman a beggar.

Hyunjae Seop also didn’t show up because he had no shame.

Instead, a fly was swarmed.

“CEO Yoon Se-bin, you are amazing.”

“I heard you’re popular among the younger generation these days.”

“I heard that you acquired Bukseong Chemical Energy. You have acquired the Bukseong Group. Congratulations.”

“Please take good care of our group in the future. I only trust Representative Yoon.”

A line of people came up to her as she sat quietly, bowed deeply, and left.

When NG Group Chairman Ahn Sang-yeon came to greet him, Yoon Se-bin quietly opened his mouth.

“Hello, Chairman Ahn.”

When she pretended to know, Ahn Sang-yeon’s face brightened.

“How are you, Mr. Yoon? Are you in good health?”

Yoon Se-bin pulled out the knife hidden behind her smile.

“Did you sell your Bukseong Life Insurance stocks?”

An Sang-yeon’s complexion became rotten.

“That, that…….”

Of course, there is no need for an answer. I collected Bukseong Life Insurance stocks for no reason to help Hyun-Seop, but I completely lost it. The problem is that it was not personal money, but company funds or general customer investment funds. In particular, financial institutions including securities companies purchased Bukseong Life Insurance as part of their fund portfolios.

The conglomerates moved their affiliates under the chairman’s direction, saying that they should help each other.

The typical problems of a nepotistic system were clearly revealed, and the financial companies that carried out the orders suffered great losses.

“I told you at the invitation lecture back then, right? The group is not the chairman’s exclusive property. It just so happens that our Byglobal Fund has quite a few NG Securities shares. I will hold them accountable this time.”

“Huh! Mr. Yoon!”

“If you interfere with management, you should take responsibility for it. Let’s properly judge the matter. We’ll see if the chairman can keep his position.”

“Ugh.”

Sangyeon Ahn, who was completely shocked, returned to his seat without being able to respond.

Of course, Ahn Sang-yeon will not be kicked out of the chairman position. However, if Yoon Se-bin makes it public, things will be different. In addition to the Byglobal Fund stake, CSK stake. If the National Pension Service agrees with her claim, a serious situation could occur.

DH Group Chairman Cha Tae-beom, who was standing in line behind Ahn Sang-yeon, changed his expression and slowly took a step back.

It wasn’t Yoon Se-bin who was missed.

“Chairman Cha, are you here?”

Tae-beom Cha, who had been called in reluctantly, asked cautiously.

“What will happen to Chairman Bukseong Hyun?”

“You should rest for the time being. But Chairman Cha, Chairman Cha also intervened in the Bukseong Life civil war, right?”

“Ah, that, that…….”

“It doesn’t matter if you made a profit, but if you caused a loss to your affiliates, you should take responsibility for it. What do you think?”

Cha Jun-beom became a mute who ate honey.

“The DH Group has been making a lot of noise lately about inheritance and gift issues… I’ll be watching. I’ll see how long they can avoid my attention.”

“Huh! Mr. Yoon!”

“Just go away.”

Yoon Se-bin issued warnings to the group that sympathized with Hyun Jae-seop one by one.

Nam Yun-myeong was secretly enjoying the thrill, but he stuck his tongue out at her frosty feet.

No matter how I think about it, she’s a woman with an incredibly bad aftertaste.

Read Novel Noblemtl
Read Novel Noblemtl