Son of a Conglomerate at the Highest Level - Son of a Conglomerate at the Highest Level chapter 69

＜ Coveted Talent ＞

When the president and executives of Taesung Chemical greeted his father, people from other affiliates left without notice.

Taesung Chemical President Shim Won-cheol. From Taesung Construction to Taesung Securities, each of the subsidiaries he undertakes has been greatly nurtured, and he is the number one contributor to Taesung who has been loyal to him at the risk of his life.’

According to the Taesung Group report, Shim Won-cheol acquires Taesung Construction at a bargain price, which President Cha Yoon-seong of Taesung Construction ruined after the division of the affiliate.

He developed Taesung Construction, which was undergoing rehabilitation procedures, into the best construction company in Korea in 10 years.

Recognized for his ability, Cha Ki-joon, who was the next head of Taesung Group, entrusted Taesung Securities to Shim Won-cheol.

Shim Won-cheol later launched a financial holding company that was created by combining Taesung Securities, Taesung Life Insurance, and Taesung Card, laying the foundation for the hereditary succession of the three major management rights.

‘I’m just in need of a trustworthy, capable person.’

That’s because I’m also looking for a pantsuit for an investment company.

“I heard from the president. You decided to hand over Taesung Chemical to Wookwang, right?”

Taesung Chemical CEO said.

“These are the people who have been waiting to become Master Seongjun’s strength. These are talented people. Master Seongjun, please take it.”

The president of Taesung Chemical bent his back at 90 degrees.

Executives of Taesung Chemical also bowed their heads.

“We have absolutely no intention of going to Woogwang and seeking Yeongdal.”

“I don’t even want an executive position at Taesung Construction.”

“Give me a chance to work for you, Master.”

The father straightened his posture and bowed his head.

“I was just about to ask. As you know, the executives of Taesung Construction went out all at once recently, so I was at a loss, not knowing what to do.”

“young master.”

“I won several major national projects. please help I can’t do it all alone. I beg of you.”

Taesung Chemical executives’ faces brightened at their father’s polite request.

Taesung Chemical CEO nodded.

“I have nothing more to ask for if the young master will take it. You guys go in first.”

“Yes, I understand.”

Executives of Taesung Chemical also missed out.

After they disappeared inside the mansion’s gate, the president of Taesung Chemical let out a long sigh.

“They are loyal and competent. I wish you well. And take this.”

“What is this?”

“It is a borrowed-name stock.”

The president of Taesung Chemical handed out an envelope to his father.

“The chairman entrusted it to me, and I was managing it. I would like to return it to the owner.”

“Chief Shim?”

“This is Taesung Chemical’s slush fund ledger. This is Taesung’s stock held under the name of Taesung Chemical. About 1% for each affiliate. It’s fine.”

“Chief Shim.”

“Just because Taesung Chemical is passed over, you can’t hand this over to Woogwang, can you? take it.”

The president of Taesung Chemical forced a bundle of papers into his father’s hand.

“Within a week, I will clean the rest of the stock and slush fund ledgers and return them to the boy.”

Taesung Chemical was a company prepared by my grandfather for my father.

It seems that they have built a circular shareholding structure by handing over shares of Taesung little by little from a long time ago.From noble mtl dot com

Now that Taesung Chemical has been handed over to Woo-gwang, the president of Taesung Chemical is trying to recover and return Taesung’s shares and slush funds.

“Bocchan, then I will say goodbye.”

“Goodbye? Aren’t you done talking about coming to Taesung Construction?”

“I am the former president of Taesung Chemical. If even the executives of Taesung Chemical are dragged and transferred to Taesung Construction, it will not look good.”

However, his father cannot give up his position as president of a construction company.

‘It seems that grandfather wanted the president of Taesung Chemical to lead him until his father took over Taesung Chemical safely. All plans went awry when my father assumed the position of president of Taesung Construction.’

It was said that the future of the president of Taesung Chemical had collapsed.

It is because he cannot push his father out and become the president of Taesung Construction, and the person who served as the president cannot become an executive at a construction company.

‘Taesung Chemical’s executives joining Taesung Construction can be a win, but Taesung Chemical’s CEO joining a construction company is a downgrade for anyone to see.’

The president of Taesung Chemical also said goodbye because he knew that.

“New wine must be put into new wineskins. Will I be more of an obstacle to you if I go?”

“President Shim is an experienced and capable person. I need Mr. Shim’s experience and ability. We have a lot to learn.”

“no. You are now the new head of Taesung Construction.”

Taesung Chemical CEO smiled.

“Wasn’t this subway project also a great success? In addition, while extending the subway line, he obtained the Gangnam Seoul Express Bus Terminal construction. You are already wonderfully self-reliant.”

Taesung Chemical CEO bowed politely once again.

“I believe that you will grow Taesung Construction even bigger. I will cheer you on from afar.”

“Chief Shim, how about taking a little more time to decide this issue? We cannot send talented people like President Shim like this.”

It was then.

“Seongjun, what are you doing there? I just have to go in. Father is waiting for you.”

Grandpa came out to get him.

The president of Taesung Chemical saw his father off with a smile.

“Please go in first. I will smoke a cigarette and follow you in. I have to formally send my New Year’s greetings to the president and say goodbye clearly.”

My father washed his face dry.

“It would be good to talk about that later. After listening to what my father said.”

“yes.”

We followed Uncle Father into the mansion.

* * *

Said my uncle as they crossed the garden.

“Are you worried about the future of President Shim of Taesung Chemical? Then I can take you.”

“Your brother?”

“uh. Do you know that Taesung Motor is short of manpower these days? trying to expand the business. I wonder if we should launch another affiliate that handles only heavy equipment.”

My uncle had a good laugh.

“If someone as capable as me helps, I should warmly welcome it with open arms. welcome! thank you!”

It meant that my uncle also had his eyes on the president of Taesung Chemical.

‘I can’t lose my precious talent to my uncle.’

Taesung Chemical President Shim Won-chul is not the only one who has his eyes on him.

I also coveted President Shim Won-cheol.

‘I think it would be nice if Shim Won-chul took over my investment company.’

I think if Shim Won-cheol, who was in charge of Taesung Securities and raised it greatly, would also properly develop my investment company.

‘In the past, Shim Won-cheol went under Cha Ki-joon when Taesung Chemical broke away independently. I lost my father, who was my guardian, in a plane crash, and I even left Taesung Chemical.’

Shim Won-cheol’s joining became the equivalent of putting wings on Cha Gi-jun’s shoulders.

At the time, the affiliate that the second son, Cha Gi-jun, was in charge of was Taesung Distribution.

Cha Gi-jun hoped for a heavy industry-related affiliate, but was in a situation where it was canceled every time.

‘When Cha Gi-jun took over Taesung Motors, which was staggering due to an oil shock, Shim Won-cheol concluded a technical partnership with Germany and took over Saebom Motors at a bargain price, and Taesung Motors was revived.’

Cha Gi-jun finally got his hands on automobiles and heavy industry, which are the core affiliates of Taesung, and the Taesung group was split in half.

‘Now my father is alive. However, Shim Won-cheol has lost his way, so will he change his horse again this time?’

Could it be that there will be a war to recruit Shim Won-cheol this time?

If so, this is not the time for me to leave my hands like this.

‘Where’s the later in recruiting talent? Whoever snatches it first wins.’

Me too, player!

I’m jumping in too, scramble for talent!

“Dad, would you like to go in first?”

“hmm?”

“Yes, the lawn here is huge, there are so many nice trees, and so many twinkling lights.”

“hmm. Dad will visit the garden later…”

It was a time when my father was in a bit of trouble.

“Bocchan, are you here?”

Secretary Kim greeted us at the front door.

“Eat inside. Everyone is waiting.”

“Secretary Kim, there is a place I want to go with you. help!”

“Help me…then shall we go?”

Secretary Kim willingly extended his hand to me, and only then did my father nod.

“Secretary Kim, please take good care of me.”

It’s good that I’m with Secretary Kim, so there’s no nagging that comes along!

Don’t be late for your meal, be careful not to get lost, be polite to strangers, don’t touch things, and so on.

It was very annoying to be followed without fail with cautions and requests that would be given to a child.

* * *

“Bocchan, isn’t that a parking lot, not a garden?”

found!

Shim Won-cheol, president of Taesung Chemical, is still chain-smoking in the corner of the parking lot!

“Secretary Kim, Taesung Chemical CEO Shim Won-chul. Is there a position that your grandfather has reserved for you at the affiliate?”

“Not yet.”

So you’re saying it’s on hold?

He said that he had no intention of taking his father’s person and giving it to another child.

“Is President Shim a trustworthy person?”

“of course. Even if you were dragged into the courtyard, you would die if you died, and there will be no disclosure of Taeseong’s secrets.”

“Are you capable?”

“That’s right. Can you explain it if you and the chairman raised Taesung Chemical to a 30 billion won company in 7 years?”

“You know I’m looking for someone capable and trustworthy, right?”

“…!”

I winked one eye at Secretary Kim.

“Then, please cooperate.”

That’s why I asked for help earlier.

Because Secretary Kim itself is no different from a guarantee check.

I ran to the president of Taesung Chemical and bowed my belly button with both hands.

“Hello, Mr. Sim. My name is Cha Jeong-hyeok.”

“If it’s Cha Jeong-hyeok…. Ah, Master Seongjun’s…”

“Yes, I think you are in trouble because of Taesung Chemical.”

I had no intention of going round and round.

“President Shim brought me a tempting proposal.”

I raised my little finger.

“It’s a secret instead. Even our fathers and grandfathers. how is it?”

Taesung Chemical President Shim smiled.

He hooked his little finger as if he were going to be in a child’s prank.

“I will not accept any secret proposal that goes against my conscience and ethics.”

“This isn’t betraying my dad, and it’s not that I switched horses to another eldest dad, and it’s not that I’m abandoning my grandfather or Taeseong.”

I took out a finely folded memorandum from my coin purse and held it out.

It was my grandfather’s note.

“This, this is the President’s……!”

It was a memorandum that my grandfather would provide full support so that I could acquire the company I wanted with 100% ownership.

However, the main content was that Taesung’s affiliates should not be overlooked.

“As you can see, I’m going to take over a company soon.”

“May I ask what kind of company it is?”

“Korea Oil Corporation.”

“…!”

Shim, president of Taesung Chemical, opened his mouth wide.

“Huh, a 100% stake in Korea National Oil Corporation… It’s easy to say, I can’t afford it… It’s not child’s play, huh!”

When I was so full of energy that I didn’t know where to start and how far to refute, Secretary Kim nodded with a serious expression.

“This is what I am helping.”

“sincerely? Secretary Kim, do you think this is possible?”

“of course.”

Taesung Chemical President Shim’s expression changed.

I don’t know, but it must be because Secretary Kim can be trusted.

With a serious expression on his face, he began to read his grandfather’s memorandum carefully once again.

“Unlike Woo-gwang, we do not have an oil refinery in Taeseong. Isn’t it about time to buy a Taeseongdo oil company?”

“…!”

“Oil refining companies are a business that requires enormous initial business funds, so it is much cheaper to acquire than to establish a new one.”

It cannot be said that oil holes will come out at a bargain price if an oil shock occurs.

Rather, it is easier, faster and simpler to persuade with the logic of ambition and money.

President Shim of Taesung Chemical is a man with ambition and a good mind.

“Obviously, opportunities come. Only those who prepare in advance can seize that opportunity. So I’m trying to prepare for that time by setting up an investment company.”

I took out a well-folded investment contract from my coin purse.

It was a document containing an investment agreement signed with a major bank.

Taesung Chemical President Sim’s voice trembled like the hand holding the contract.

“Are you saying that you are preparing to take over the meritorious company by attracting even the bank?”

“I invest in the big bank, and the big bank invests in our investment company.”

“The current investment contract with a major bank is 1.5 billion in initial investment? In addition, will you gradually increase your investment?”

“We plan to buy about 103,000 pyeong of land for the subway station. It’s a joint investment with a major bank.”

I blinked one eye.

“The subway construction will start soon. I think I can touch a pretty salty neck money, right? Then, the money that is cleanly laundered returns to the investment company. It multiplied dozens of times within a few years.”

Taesung Chemical President Shim and Secretary Kim looked at me at the same time with a warm expression.

＜ Coveted Talent ＞ End