Son of a Conglomerate at the Highest Level - Son of a Conglomerate at the Highest Level chapter 70

＜ You must have a plan ＞

Among the two people who had a warm expression, Secretary Kim quickly corrected her expression.

Secretary Kim smiled happily.

“Did you call the money again in the meantime?”

A lot was implied in the short exclamation.

Only then did I realize why Secretary Kim was surprised.

‘Because Secretary Kim has already investigated the circumstances of my pocket.’

When I went around buying a house, we only had 10 million won.

I couldn’t help but be surprised to hear that I was investing 1.5 billion won in a major bank because my pockets were so thick.

“her······!”

However, Shim, president of Taesung Chemical, was unable to manage his expression.

he murmured in a half-bewildered voice.

“Are you saying that you are going to cooperate with the bank to buy 103,000 pyeong of land near the subway station?”

“There will be money, there will be information. Is there any reason not to live?”

I shrugged.

“I know for sure that land prices will skyrocket, but not buying is a fool.”

“I set up an investment company with the goal of earning a market profit of several tens of times within a few years… huh, I took over a business of merit with it… heh heh heh.”

The president of Taesung Chemical seemed to be at a loss for words.

He looked back at Secretary Kim.

“Secretary Kim, how old is the young master this year?”

“You are eight years old now.”

The more that happened, the more Taesung Chemical President Sim let out a windless laugh.

“Eight years old, huh…, now only an eight year old boy runs a 1.5 billion investment company and engages in land speculation and money laundering… Who is it?”

Taesung Chemical President Sim’s expression calmed down.

“I asked who was behind the young master. Are you Master Seongjun? Or madam? Maybe the president.”

Secretary Kim’s expression darkened.

Looking back at me, ‘Where and how should I explain this.’ The difficulty of doing it was revealed.

I chuckled.

“Right now, it seems that deciding where President Shim will go is more important than who is behind me.”

“hmm.”

Taesung Chemical President Shim lowered his chin and opened his mouth.

“Boss, the plan to buy the land for the subway station and earn money is sure to be a big success. Even an investment company that is perfect for money laundering will make a lot of money. But it’s not enough.”

Taesung Chemical President Shim shook his head.

“You will need $400 million to acquire Yugong.”

Yes, that would have been the case before the oil shock.

“First of all, the US Gulf Corporation has a 50% stake. It would cost about $200 million just to acquire it at market rate.”

However, when an oil shock occurs, Gulf Corporation sells its stake at a bargain price.

Would you believe it if the acquisition of Samhwang Oil was $100 million?

But at that time, everyone didn’t have dollars, so they only sucked their fingers.

“Would the government be willing to hand over merit to private companies? Oil, which forms the backbone of the country, is literally a cash cow.”

therefore. But it was transferred.

Because of the oil shock, the pressure from the neoliberal policies of the United Kingdom and the United States was so great.

It is burdensome to take on the enormous debt that is snowballing because of oil at the national level.

So, even if it fails, it is left to the private sector to be destroyed at the corporate level.

“Even if it is assumed that the government just gives away the share, it is a business that requires at least 200 million dollars. How are you going to solve the lack of money?”

“I’m thinking of bringing in a loan from Saudi Arabia.”

“In Saudi Arabia? A loan?”

Taesung Chemical President Shim turned his mouth shut.

The thoughtful appearance was positive.

Taesung Chemical President Sim raised his head with his eyes shining.

“Is that possible?”

“I must have forgotten. My dad is building a city near Jubail commercial port in Saudi Arabia. The construction bid is a whopping $100 million.”

“Ah, construction of Jubail Industrial Port City!”

I nodded.

“Where is Saudi Arabia the only construction project your dad has won in the Middle East?”

“I heard. Master Seongjun toured the Middle East and the projects he won in various countries are staggering.”

“The Middle East is now rich in oil money, but the infrastructure is poor.”

“Then you can win more construction orders?”

President Shim of Taesung Chemical understands what he pretends to do.

“Dad has already built a foundation of credit by completing constructions repeatedly in the Middle East.”

“okay. I heard that the Middle East is a very exclusive society, so it is difficult for foreigners to enter easily. Samhwang and Woogwang, as well as Hyeonmu and Keumjo, have failed every time, right?”

“The important thing in the Middle East is performance and credit.”

“It is said that Taesung Construction, which has already proven its performance and credit, is very advantageous in attracting oil money from Saudi Arabia or other countries in the Middle East.”

That’s it!

“As I took charge of Taeseong Construction this time, my father was in charge of the construction of subway line 2 and the Seoul Express Bus Terminal in Gangnam. Then, what about the projects won in the Middle East?”

“The executives of Taesung Chemical just joined Taesung Construction!”

Taesung Chemical President Shim smiled.

“These guys are more competent and sincere than I thought, and they’ve been around for a long time in the construction industry, so they’re pretty thick-skinned guys.”

I guess so.

Executives of Taesung Chemical are also grandfather’s long-time loyal servants.

My grandfather is the one who raised a company with cement and construction and grew up to a conglomerate.

So, they are all people who have been rolling around based on cement and construction in difficult times.

“Right now, the Middle East mainly entrusts construction work to the United States, right? However, there are many complaints that it is too expensive compared to Korea, and that it is too late to meet the completion date. So I heard you are looking for another business.”

Middle Eastern construction boom in Korea in the 1980s.

Korea won a number of construction projects by advocating fast construction speed, cheap construction cost, and decent construction quality.

At one time, about 85% of the foreign currency income earned in Korea was Middle Eastern money.

“Since monopolizing oil, the Middle East has been working hard on building cities. However, not even the main waterways and even the highways have been properly drilled. The construction distance is overflowing.”

“you’re right. Even if you do just one road project properly, you can earn 2,000, no, 30 million dollars.”

Taesung Chemical President Sim’s head was spinning.

“If one project in Saudi Arabia is worth 100 million won, and the Middle East construction is a good thing, if other projects are won… Maybe this is possible.”

The president of Taesung Chemical clenched his fists.

“If Master Seong-jun has laid that much foundation in the Middle East, they will be responsible for the completion.”

A smile appeared on Taesung Chemical’s president Sim’s face.

“How did they get to the executive positions? They are also good at sales. It will probably clearly show what Korean-style sales are like in the Middle East.”

It’s a Korean business.

Are you going to win construction work in the Middle East while turning Bacchus?

“I believe that everyone will help my father do the subway construction as well as the construction of the Middle East.”

“of course. It will. It should be.”

“how is it? Do you like this picture now?”

“of course. I like it.”

Taesung Chemical President Shim laughed out loud.

“There is nothing better. I was worried that there would be a quarrel with the existing Taesung Construction people. If you make a big contribution abroad and come back…”

“It will become a zero war.”

Relegation and Youngjeon are different.

“Performance is your ability, and if you make a contribution, you should be treated. Instead of being a loser who begged Taesung Construction for his life after Taesung Chemical passed over, he is returning home as a first-class contributor who led foreign currency earning in the Middle East.”

“Excellent. It is a picture perfect that no one will be disappointed with.”

Taesung Chemical President Shim nodded his head as if he was very satisfied.

“Actually, it is true that I was disappointed for a while, thinking that Master Seongjun had abandoned everything and ruined his future because of a woman.”

Shim, the president of Taesung Chemical, is a person who was chosen as the person of his father.

He raised Taesung Chemical to become his father’s strength, and he was a loyalist who managed his father’s slush funds and stocks.

However, when his father refused to marry Woo-gwang, the Taeseong Chemical, which he had worked so hard to raise, was passed over.

Even if I didn’t say anything, I would have been sick inside.

Taesung Chemical President Sim’s smile looked a bit bitter.

“But the truth is, you were thinking of us. So, you designed the executives of Taesung Chemical to make a big contribution in the Middle East… I just admire you. I think I chose people well.”

At some point, Shim, president of Taesung Chemical, smiled relievedly.

“Thanks to you, I think I can now retire without any regrets.”

no, is this person real?

You’re saying you’re going to retire because you can’t go to your father?

That’s not to be said.

“How am I?”

“······yes?”

I tapped the investment agreement signed with Master.

“Did you forget the proposal I gave to President Shim? investment company.”

Taesung Chemical President Sim widened his eyes.

-This is not betraying my dad, and it’s not that I changed my horse to another eldest dad, and it’s not that I’m abandoning my grandfather or Taeseong.

-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.

Taesung Chemical President Shim hit my forehead.

“The big picture! The future of Taeseong! Preparing for the acquisition of an oil company! Master Seongjun’s future is at stake!”

“sure. Can you entrust such an important task to just anyone? Will you help?”

The pupils of Taesung Chemical’s president shook violently as if an earthquake had occurred.

I reached out.

“Take my hand. Then, in the future, I will give President Sim a choice.”

“option?”

“If you successfully complete the acquisition of Yugong, we will send it to the person you want to follow, to the investment company, oil refinery, or Taesung Chemical.”

“Wait a minute, Bocchan. Apart from investment companies and oil refining companies, why is Taesung Chemical involved?”

Sim shook his head.

“Taesung Chemical has been handed over to Woo-gwang. It’s a waste. If I had guessed that Master Seong-jun’s will starts with construction… Taesung Chemical would not have been taken away so vainly. Whoa…!”

Taesung Chemical President Shim closed his eyes tightly.

“If Master Seong-jun had obtained construction, oil refining, and chemistry, he would have been able to aim for the next chief executive position… Because I behaved stupidly…”

“You didn’t abandon Taesung Chemical, did you?”

“······yes?”

Shim, president of Taesung Chemical, opened his eyes.

But he soon laughed.

“It was inevitable, I understand. You wouldn’t have been able to protect your precious family without abandoning Taesung Chemical. I mean just…”

“I plan to take Taesung Chemical back from Woogwang.”

“······yes?”

it belongs to my mother

Don’t let Taesung Chemical get scratched over and over again just because you were taken away.

I’m thinking of sending Taesung Chemicals away because of my mother’s coma.

However, President Shim of Taesung Chemical and Secretary Kim hurriedly shook their heads with expressionless faces.

“Boss, that is impossible. Chairman Kim of Wookwang Group is not a very easygoing person.”

“The chairman handed over Taesung Chemical because he had no other choice.”

It seems like everyone is nailing it saying no.

Is there any way to explain this?

“Do you want to bet?”

From noble mtl dot com

No, why are you so surprised?

It’s a lot simpler than taking over the merits.

“The loser grants the winner a wish. how is it?”

* * *

After letting Jung Hyuk inside first.

Shim Won-cheol banged his head against the wall of the fence.

thud!

Secretary Kim was surprised and grabbed Shim Won-cheol.

“Sir, what are you doing now?”

“Secretary Kim, I feel like I am possessed by a ghost right now. Just looking at it makes me feel like I’m crazy.”

Shim Won-cheol had a half-fazed expression.

“I came to my senses and found that I had signed and sealed the employment contract.”

Only then did Secretary Kim leave Shim Won-cheol alone.

“What the hell is that coin purse for? Did you see Secretary Kim? A memorandum from the chairman and an investment agreement as well as a pre-written employment contract came out?”

Shim Won-cheol washed his face dry.

“Master Jeonghyeok said there would be a scramble for recruitment over today. Have you ever received anything from the president about this?”

“doesn’t exist.”

“Would Master Kijun really give me such an offer?”

“well.”

Secretary Kim chuckled.

“What does that matter now? President Shim has already made a decision, right?”

“That’s true. To be honest, I have no choice but to be dubious about the words of an eight-year-old…”

At that time, a group of people entered the Pyeongchang-dong mansion.

A narrow-eyed man in his 30s with a smile hanging from the corners of his mouth.

“President Shim, Taesung Chemical was sold to Woogwang?”

“Standard boy.”

Cha Gi-jun, the second son of Chairman Cha and the president of Taesung Distribution, has arrived.

“How is it. It just happened to be good for me…”

“I will refuse.”

It was a very firm answer.

For a moment, the smile of Cha Ki-jun, which always rested on the corner of his mouth, hardened.

However, Cha Ki-joon smiled more gently and asked.

“Do you know what kind of proposal I would make to President Sim and cut it so quickly?”

“Isn’t this an overseas branch of Taesung Corporation? Covering the US, UK and Germany.”

“…!”

Cha Ki-jun widened his eyes.

But what?

At the reaction of Cha Ki-jun, Simwon Railway also opened its eyes.

＜ You must have a plan ＞ End