Son of a Conglomerate at the Highest Level - Son of a Conglomerate at the Highest Level chapter 74

＜let’s get over it quickly＞

Sim and I got into the car.

On the way to Taesung Chemical Plant.

Sim opened his mouth while driving.

“I’ve done all the things you asked me to do.”

It was because President Shim, who had been running away to avoid annoying questions, insisted on attending an informal executive meeting.

“First, with the permission of the chairman, we obtained full authority regarding the takeover of Taesung Chemical.”

“Good job.”

“It was as the Bocchan predicted. Even the request the president left was the same.”

Sim smiled.

“Don’t hold back, don’t procrastinate, pass it over neatly and clearly! You said so.”

My grandfather decided to give up Taesung Chemical in return for marrying Woo-gwang.

If you drag on and tell the truth, it will only damage your grandfather’s face, and nothing good will happen.

“Do you remember what your grandfather said when he asked Chairman Kim of Woogwang to organize Taesung Chemical?”

“You said you wanted to liquidate your stake.”

Grandpa said at the end of the year night.

– What do you want to do? I will hand over my stake, so will you own Taesung Chemical, or will you hand over your stake to me and get money?

-Your company has been able to breathe thanks to my son. Woo-gwang has been in the red because of the steel business, so money is tight.

– It takes time to organize the business. But keep in mind this one thing. It’s already been decided. When the situation changes, so does the position, so the sooner the negotiations, the better it will be for you.

Taesung Chemical is a company jointly invested by Woo-Kwang and Tae-Sung, with half of the shares held.

“If Woo-gwang wants to take over the company, he has to buy his grandfather’s shares.”

“I will buy the stake at all costs.”

Because Taesung Chemical was a net exhaust company with a pretty good performance.

“The opportunity to easily bring a company worth 30 billion has come, but could Woo-gwang miss it?

“But Woo-gwang can’t afford to mobilize cash because of the deficit in the steel business.”

It is said that Wookwang Construction has made quite a lot of money these days by selling apartments, but there is no option to give 15 billion won.

“Woo-gwang has already taken out a full bank loan, and is in a state where he is spending a lot of private debt. How can I get 15 billion here?”

“If the company covets it, it will even issue a bill.”

“Who accepts 15 billion bills?”

“It is, but it is. Could Woo-gwang, without conscience, try to hang 15 billion bills?”

It’s a corporation that catches people.

Haven’t you been burned by this nobleman’s bonds?

“As you adjust the conditions, the negotiations will become sluggish, and it will take more than a year or two. You don’t think that’s bad, Mr. Shim, do you?”

“To be honest, yes. We, Taesung, still have the management rights of Taesung Chemical.”

“There are more losses than gains. If you procrastinate like that, the morale of the employees will drop, and you will be interfered with by Woo-gwang in every case.”

I shook my head.

“If you’re going to pass it on, pass it on quickly. Instead, focus on reacquisition negotiations.”

“Re-acquisition negotiations… you mean?”

“You decided to bring Taesung Chemical back. As promised, you have to hand it over and take it over again. Do you have any specials?”

“Wait a minute, Bocchan. Are you saying that bringing Taesung Chemical back was a reacquisition, not a stake acquisition?”

“I will ask again. Will Woo-gwang try to hand over his shares to Tae-seong or take over the company?”

“Of course he would try to take Taesung Chemical, which is a net exhaust. Oh, I see. In the first place, it was only my wish to bring back Taesung Chemical through a stake acquisition.”

When Woo-gwang announces that he will hand over the stake, he immediately says, ‘Thank you!’ and can take it.

We’ve got plenty of cash thanks to investments we’ve ripped off from the giants of the underground banking world.

However, if it was Woogwang’s chairman Kim, he would have tried to take over Taesung Chemical even for the sake of face and retaliation.

Taesung Chemical is a company that my grandfather developed over a long period of time, so even in the long run, taking the company is a profitable business.

‘In fact, there was a separate renegotiation card I was preparing for.’

But that method is too extreme and extreme.

I plan to put off the method I usually use in the back alley for a while.From noble mtl dot com

Now that I’m in Taeseong, I’m trying to handle things in a legal and common sense way that’s more like a conglomerate.

“Do you think Woo-gwang will accept the negotiations to retake over Taesung Chemical?”

“Of course.”

This was the reason I demanded that President Shim of Taesung Chemical obtain full authority for the acquisition of Taesung Chemical.

I took out a finely folded piece of paper from my coin purse and handed it over.

“Instead of quickly handing over what needs to be handed over, you must put special terms in the M&A contract.”

“What is this?”

Sim glanced in the rearview mirror.

“Couldn’t it be that the M&A contract comes out of that coin purse?”

“How do you put that thick paperwork in here? This is a selection of clauses that must be included in the special contract.”

The paper I handed over had only a few lines written on it.

＜1-month, 3-month, 6-month, and 1-year bills are 25% each.＞

＜If the promissory note is not paid in full by the maturity date, it is substituted by transferring the shares in proportion to the promissory note＞

＜If you give up bill payment and request re-acquisition negotiations for Taesung Chemical, follow the rules of the bond market.＞

＜There is no adjustment of the share ratio in the reacquisition negotiations. Only price negotiation is possible.＞

＜Until the stock reorganization is over, Taeseong has the right to negotiate first.＞

Just got a signal.

“Huh, starting with such an unusual vocabulary, it’s really…!”

President Shim, who read the special agreement, let out a laugh.

“Woo-gwang will be accompanied by the legal team. This is because the terms of the reacquisition negotiations are very favorable to Taeseong.”

“What if I told you to hand over Taesung Chemical within 3 days instead of taking this clause?”

“yes?”

If the terms of the re-acquisition negotiations are favorable to Taeseong, it is enough to make the terms of the acquisition negotiations favorable to Woo-gwang.

Since the story is over with Woo-gwang anyway, there is nothing to regret.

“I just thought I heard something wrong. Can you hand it over in a few days?”

“Three days.”

“Four or three days? Three two two days?”

Just as President Shim was about to fire at them, the start signal went off.

Sim had to concentrate on driving with a grunt.

“I heard that it was something my grandfather allowed anyway. What’s wrong?”

“That’s the problem! How can you hand over a 30 billion company in 3 days! Does this make sense in common sense!”

Uncharacteristically for Sim, his voice grew.

“You don’t even have time to siphon equipment and stock back! The sooner the preparation time for takeover is, the more Taeseong will suffer losses! Who cares!”

“If President Sim thought that way, Woo-gwang would also think the same, right?”

It is said that in three days, he can eat everything raw, even the supplies Taeseong left behind.

“As for the special agreement, it is enough to say that we only left room for negotiations on re-acquisition on the condition that Taeseong makes a big concession, right?”

“Would Woo-gwang believe that? The person conducting the negotiations is none other than me! This is Shim Won-cheol!”

“So. Didn’t Woo-gwang know that Taesung Chemical was transferred to the day and that President Shim’s future has changed? Tell me openly that it’s none of my business, and that Taeseong and the like will perish.”

“100 million······!”

Whether or not President Shim is behind his back.

“I’m really dying to finish the acquisition in three days! I will die suddenly from overwork!”

“Life should be easy. just don’t know me Twice! OK?”

“Gagging…!”

“Let’s leave all the cumbersome handover procedures to Woo-gwang.”

Why don’t you know that this is too much for me?

However, I have a reason to quickly hand over Taesung Chemical.

‘Taesung chemical fire accident.’

Be it man-made, safety accidents, arson, or natural disasters.

If it can be avoided, it is better to avoid it, and if it can be prevented, it is better to block it.

But there’s no way to explain this?

‘Even if there is no fire accident at Taesung Chemical with Heaven’s help, it is better to hand over Taesung Chemical early. I can do it with money to tie Woo-gwang down and drag him down into the swamp.’

How terrifying is the ringleader.

How dangerous is a voice?

If you use it incorrectly, you can’t avoid bankruptcy.

Woo-gwang has already taken a wrong step in the steel industry and is on the edge of a domino.

‘A stake in Taesung Chemical worth 15 billion is enough to knock down the tip of the domino.’

Sim quickly calmed down.

“Even with the inventory and raw materials left in the current factory, Taesung must suffer at least a billion units of loss. If the damage can be minimized, it is well worth the effort.”

“I promised you how long it would take to reacquire Taesung Chemical, right?”

“… it’s two months.”

“A company that needs to be handed over anyway, what are you going to do after two months of running around and wasting precious time? I tell Woo-gwang to goo. Maybe they’re going to roll around excitedly because they’ve made a profit of more than a billion units?”

I grinned.

“Instead, I will take care of bringing Woo-gwang to the renegotiation table.”

“…!”

“So, Mr. Shim, please take charge of the acquisition negotiations and renegotiations. Simple, right?”

“her······!”

Sim opened his mouth wide.

Her complexion was red, and only her lips moved loudly.

However, the more he chewed on his lips, the more strangely President Sim’s complexion became calmer, and finally, he let out a long, empty laugh.

“Heh, heh heh, the 8-year-old boy is in charge of bringing Woo-gwang to the renegotiation table… heh heh heh heh! If that were easier said than done… heh heh heh!”

When the second signal wait came.

President Shim put his head on the steering wheel and let out a sound that rose from the depths of his stomach.

“I don’t tend to hear people say I’m stupid, but would you understand if I said that I feel like an asshole because I was manipulated by a ghost?”

* * *

The car entered an industrial complex.

“President Shim, how did you decide to deal with the behavior of Taesung Chemical employees?”

“Oops, I forgot to report it because I was so surprised by the three-day takeover negotiations. We have finished talking with Master Seongjun about that issue.”

Concentrated.

If my father refuses, the members of Taesung Chemical will have to sit on the street.

“To start with the conclusion, Master Seongjun decided to accept Taesung Chemical workers from Taesung Construction.”

nice!

Then it puts my mind at ease.

“Just like that, Taesung Construction is in a state where there is a shortage of construction workers. It’s a win-win proposition for both of us.”

“Yes, it is good that Taesung Chemical employees are not subject to restructuring, and Taesung Construction is good because it can fill the shortage of manpower.”

My father not only won the construction of subway line 2, but also the expansion of the Seoul Express Bus Terminal in Gangnam and the expansion of the shopping mall.

In addition, the domestic construction projects left unattended by the former executives of Taesung Engineering & Construction have been overdue, and even the projects received from the Middle East must be completed.

There is a shortage of workers to put in the construction work.

At that time, the people of Taesung Chemical would come in, for my father, it must have been news like rain in a drought.

“While I went to the Taesung Chemical Plant, I plan to talk to the factory staff about it.”

Just in time, the car we rode in arrived at the Taeseong Chemical Plant.

* * *

‘Unbelievable!’

I was surprised to see the Taesung Chemical Plant.

“It’s the New Year’s holiday, but the factory is working hard, right?”

“The cost of restarting is quite high. That’s why I’m going to take the idling and leave it in moderation.”

There are also quite a lot of factory workers.

“The holiday allowance is quite large. We pay generous bonuses and bonuses to workers who volunteer to work overtime.”

Do you have to work at the factory until the New Year’s holiday?

It wasn’t anyone else’s business.

I too lived like that in the past.

Holidays were also a luxury for those without money.

[10 days]

Unlucky letters glittering above the heads of the workers who work hard in the factory, returning it until the holidays.

That was the countdown to the nether road set up by the grim reaper.

There seemed to be twenty such people.

＜Let’s quickly pass it over＞ End