I Picked Up a Dimensional Travel Machine: Wizard - Chapter 72



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White Knight (1)
The media gave this incident major coverage, swaying public opinion by calling it an “invasion of American capital” and a “thug-like act.”

When the ‘Gaya’ appeal was made, the media that did not even listen rose up like a swarm of bees when MF attacked.

But the government remained steadfast.

MF was launching a full-scale attack on the two pillars of the Lore Group’s management structure: hotels and shopping.

The hotel was impossible to attack because Holdings held a nearly 100% stake.

However, Lore Shopping’s stake was only 16.8%, with the hotel holding 8.8% and the confectionery holding 8%.

Lore Shopping is the largest shareholder of eight subsidiaries, including a 22% stake in Capital, a 38% stake in Lore Fast Food, a 34% stake in Shopping Mall, a 51% stake in Lore Convenience Store, a 90% stake in Card, a 53% stake in Home Shopping, a 65% stake in Home Appliance Mart, and a 34% stake in Lore Planning.

MF’s attacks were focused on Lore Confectionery and Lore Shopping, which have shares in Lore Shopping.

In addition, they indiscriminately purchased shares of other affiliates that even served as a connecting link.

The $30 billion in cash that poured in in an instant became a formidable weapon to attack Lore.

“Did things go well with the Korean government?”

“Yes. Government officials were initially concerned, but after hearing Levy’s story, they became more friendly. It seems that Lore has been labeled by the government, whether knowingly or unknowingly.”

“What is the current status?”

“We are focusing on confectionery aluminum, chemicals, capital, and shopping. We have already started attacking China’s Lore Holdings. The 10.7% stake held by LCI Investment Company has already been transferred to us. The stake of this investment company does not have voting rights. I think there is a solution. Anyway, we are currently in contact with other related companies such as Gwangminsa.”

“What are the chances that it will come to us?”

“It is possible. Lore is currently in the middle of a war between the eldest and second sons. Originally, the eldest son was ahead, but recently, the weight has shifted rapidly toward the second son. The second son also led the merger and acquisition of Gaya Group.

Lore Holdings has about 84% of the voting rights, including Kwangminsa (30%), employee stockholders’ association (28%), affiliates (20%), and executive stockholders’ association (6%). The 10.7% of the investment company shares we purchased do not have voting rights. Until recently, the eldest son, Shin Sung-jun, had been holding onto Lore’s management rights with the power of Kwangminsa’s 30% stake. However, the second son, Shin Sung-min, who had the support of the remaining 54% of Lore Holdings, took away the management rights.

Of course, it is a bit difficult for us to completely swallow up the Lore Group. However, if we make good use of the war between the eldest and second sons, we can take about 40% of the Lore Group. And with the eldest son’s 30% stake in Gwangminsa miraculously held and the 20.1% stake in the five affiliates, we can really swallow up the Lore Group itself.”

“What, in the middle, if we want to eat Lore in its entirety, we need to get a 20% stake in the affiliated company to start a fight, right?”

“Yes, that’s right. Even if the eldest son is persuaded, he needs that 20%. But even if he can’t eat the whole thing, he can eat about 40% of the affiliates. Don’t worry.”

“Okay. Louis, please proceed wisely.”

“Yes. Considering that they are eating Lore whole, we are currently focusing on attacking the five major Chinese affiliates. I will report back when we see visible results.”

“And I think I need to go to Korea for a while. Although Gaya Group is currently in a temporary ceasefire, it seems like they are trying to sell off their assets in a hurry for defense. I think I should just tell them that it’s okay to stay still. Otherwise, I’m going to get a lot of complaints later. I think I have no choice but to tell my family first.”

“Yes, I understand. I will prepare.”

< >

“You got a call from MF?”

“Yes. He said we should have a meeting soon. He said that the MF’s key executive is returning to the country. He made an appointment for tomorrow or the day after.”

“What does MF want?”

In the chairman’s office of Gaya Group, Chairman Choi Gap-moon, Construction President Choi Hyeong-cheol, Food President Jeong Jin-yeong, and the Chief Secretary gathered. In any case, since the link to MF is food, President Jeong Jin-yeong was the one who took the lead in reporting.

“I don’t know what he meant. At least it doesn’t seem to be a bad thing. When I see the words, ‘A precious relationship. I’ll reveal it soon.’, it’s clear that he has received some kind of favor from us or that they are related. So it really hit us hard just a few days before our last breath.”

“Anyway, I was able to take a breather thanks to MF, but I’m still anxious because it’s still ongoing. What’s the current situation with this director?”

“It’s literally just stopped. The stock is calming down a little bit. Honestly, our hands are already out. If Lore starts attacking again, we will be at a loss.”

“Are banknotes still unshakable?”

“Yes, it’s still the same.”

“How much money would we need to stop it on our own?”

“We need to have around 2 trillion won. That way, we can secure a stable stake. We are at this level because all employees have worked hard to get support and agreement. Our stake was high to begin with.”

“Well, you’ll know if you listen to MF’s story. Is he really a white knight? Or is he just a greedy person pretending to be a white knight?”

“yes.”

“Right. President Jeong. Min-ki is coming too?”

“Yes. It’s vacation time now. It’s coming in this year. It’ll arrive tomorrow.”

“Are you in your fourth year now?”

“Yes. After the vacation, I will be in the 4th grade.”

“Yeah. It’s hard, but I need to at least see your face. Bring me here tomorrow when you get home. Let’s have a meal together. Is CEO Choi Hyung-cheol free?”

“Yes, it is possible.”

“Even if the worst happens and we lose some of the management rights of some companies, our shares won’t disappear. Don’t worry too much. I’ve used my connections to talk to some high-ranking government officials.

Even though he couldn’t say anything else, he said, ‘Don’t worry. You’ll know when you hear what the MF officials say,’ and tried to calm me down. I don’t know what MF is or what key it holds. I’ll find out when I meet him tomorrow or the day after.”

(1 day later)

“Hmm. You want to meet with me and President Jeong of Foods separately first?”

“Yes, Chairman. I received a call from someone who wanted to meet the three of them quietly.”

“Okay. If the one with the initiative wants it that much, then let’s do it. Get ready.”

(On the day of the meeting)

“Father, are you going to see the chairman later?”

“Yeah. Okay. How did you know?”

“Just that. Anyway, please give me a ride. I have some business to attend to at headquarters.”

“Huh? What’s the matter?”

“Just give me a ride. I have to meet with Jin-Oe Jong-Suk (CEO Choi Hyeong-Cheol of Construction) for a moment. He said he would give me a gift for my hard work studying while we were eating yesterday.”

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“Okay? Okay, I understand. Let’s go together.”

“thank you.”

So Min-ki headed to Gaya Group (located at the Gaya Construction headquarters) with his father.

MF Invest CEO Louis Sullivan will be arriving straight from the airport.

MF Pharmaceutical’s Neomi Kale was too busy to come.

These days, we’re too busy to even put on a ‘surprise show’ like this.

I was not called to the meeting with the MF officials, so I spent some time drinking tea with the sullen CEO Choi Hyung-cheol. Then, I received a call from Louis. It’s time to go!

“Yes, my intentions are pure. And if you want, I can lend you emergency funds. Just let me know whenever you need it.”

“Why are you being so kind to us? I think it’s a bit insufficient to explain it simply by saying that Representative Lewis used to work at ‘Gaya’.”

“You will find out now. Just wait a moment and you will find out. I have contacted them, so they will come right away. By the way. Please do not block anyone who comes now and let them in.”

“Hmm… Director Lee. Tell them outside. Someone will come looking for you. Don’t stop them.”

After a while, the conference room door opened.

Chairman Choi Gap-moon, President Jeong Jin-yeong, and Director Lee Seok-gi, who were waiting in the conference room, all turned their heads and looked at the door.

“Huh? Huh?? What? Why are you here?”

President Jeong Jin-yeong exclaimed in surprise.

Min-ki calmly bowed his head in greeting and sat down next to Louis.

“You are the real owner of MF Invest, MF Pharmaceuticals, and MF Energy. You know who I am without me having to introduce myself, right?”

“omg….”

“You~ you punk~!!!” My father shouted in surprise.

“Haha. Father. Grandfather. I’m sorry. I’m only revealing it now.”

“Heh heh heh. This guy. This guy.. I really thought he would do something big. How did he do it already…. Heh heh heh.”

The king’s grandfather also muttered in surprise.

“What is this?”

“What happened? I said I would take the seed money and grow the company. I made a lot of profit from the investment. I established an investment company to make full-fledged investments.”

“Is this situation something that can be explained in just a few words?”

“Well, that’s true.”

“So how much assets does MF have?”

“Lewis?”

Min-ki called Louis.

Originally, it was more impressive to hear someone say something like this rather than saying it directly.

“MF Invest is worth about $12 billion (13.2 trillion won). MF Pharmaceuticals is currently worth about $1 trillion (1,100 trillion won). It is expected to be worth about $1.8 trillion (2,000 trillion won) by the end of this year. MF Energy is worth $360 billion (396 trillion won), but since he owns about 87% of it, Min-ki’s assets are $313.1 billion (344 trillion won). In total, it is $2.2151 trillion (2,436 trillion won).”

“You…you’re the richest person in the world?”

“Well, if I look at it from an individual perspective, I still have a long way to go.”

“How on earth did you get so rich in an instant?”

“When I first moved to the U.S., the 10 billion won my grandfather gave me was converted into 100 million dollars (110 billion won) through stock investments. I started an investment company with that money. It continued to grow. Later, I started (acquired) MF Pharmaceuticals and developed the Shapremin beverage. As you know, MF Energy was inflated while solving the genetic rock anomaly. I provided the crucial clue to solving that anomaly. I did it using my mathematical knowledge.”

“hmm……”

“So you took Gaya’s side in the M&A and attacked Lore?”

“Of course. You dare attack Gaya, the hometown of my heart. You waited for the perfect opportunity and made a surprise attack just as the bullets ran out. You’re currently in a state of chaos. Probably 40% of Lore. If you go any further, you might even eat Lore in its entirety. After all, the entire Lore Group is worth about 100 billion dollars (110 trillion won).”

“The government?”

“I gave you a little sign. I am not foreign capital. I am a pure native Korean. The owner of MF is clearly me. You immediately backed down? Well, it also played a part in Lore being stamped out by the government. So if you need money, just let me know. I will lend you very cheaply. Or should I buy some stocks for you?”

“Hahaha. This is nothing to worry about. Even if we had to go, it would only cost 20 trillion won. How much is that in dollars? It wouldn’t even be 20 billion dollars.”

“Haha. Grandpa. I promised you, didn’t I? I’ll build the world’s best company. I’ve already achieved that. But my dream isn’t just this. I’ll be bigger and reach a position that no one can reach. I originally planned to reveal it later, but I’m revealing it now because I heard that Gaya is a little dangerous. So please don’t spread rumors yet.”

“You don’t like it? You’re going to spread rumors all over the neighborhood?”

“Grandpa~!!”

“You idiot. Do you know how much trouble we had because you didn’t know about Gaya? If you had told us a little sooner, we wouldn’t have had to go through all this trouble. Do you know how much trouble the presidents of each affiliated company are in because you’re selling off the assets right now? Not only your father, but all your other cousins ​​are like that. You idiot!”

“I’m sorry. I thought it would end like this, but I came here in a hurry because there was a move to dispose of assets. For now, Invest will provide 2-3 trillion won in investment funds. You can put out the urgent fire with that.”

“Okay. Okay, I understand. But since I’m the eldest grandson, shouldn’t I also tell President Choi Hyung-cheol of the construction company?”

“Yes. He is the eldest member of our family. Should I call him now? I already spoke to my grandfather and father first. While I’m at it, call all the executives except for the professional managers. Call Jin-oe Jong-suk (CEO Choi Hyeong-cheol) right away.”

“okay.”

“Louis. Are you ready with the funds? I’ll write the contract later. For now, please send the money right away. Mr. Lee. How much do you need?”

“Ah… yes. For now, you can just lend me about 2 trillion won.”

“Yes. Did you hear that?”

“Yes. I will handle it.”

In that way, President Choi Hyeong-cheol and all the other cousins, uncles, and third and fifth cousins ​​who had gathered shortly thereafter were all so surprised that they almost fainted.

The owner of a global company called MF is my nephew or niece.

Thanks to this, aside from the initial surprise, the meeting atmosphere was very friendly.

Since all the mental anguish I had felt disappeared in an instant, the mood couldn’t be bad.

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