Son of a Conglomerate at the Highest Level - Son of a Conglomerate at the Highest Level chapter 81

＜ How does this work? (2) ＞

I was puzzled.

After death, the merits and karma accumulated in this world are calculated in the next life to determine the next life. Did I know that?’

[right. So this should be considered a very special exception.]

The grim reaper nodded.

[Cheonmanghoehoe Soibulsil (天網恢恢 疏而不失).]

It means that even if the net of heaven is wide and wide, you can never escape from the net.

[You are determined to save lives, even at the cost of damage. That is also meritorious.]

said the grim reaper.

[The great king promised that the merits you accumulated today would soon return in return many times over.]

for a moment. Waiter Minute.

‘Have I not suffered a loss yet?’

From noble mtl dot com

No, are you saying that I felt sorry for me even in the afterlife because I handed over Taesung Chemicals bill?

I’m upset.

‘Ha, it’s the scariest thing to invest in debt. Have you ever seen a house or two that went bankrupt after being completely in debt and running into coin, stock, and real estate debt? Do you think Woo-gwang is different?’

Should I even explain to the grim reaper that the second oil shock will explode sooner or later?

The short-term bill paid by Woo-gwang, it says that it can’t be repaid without a fire.

With less than a year left until the oil shock, how could Woo-gwang eat Taesung Chemical raw?

‘Why did I even take Wookwang Securities as collateral?’

I am determined to eat Taesung Chemical and Wookwang Securities raw.

I don’t think this counts because it doesn’t cost a life.

It is said that traps like this are not viewed as a vice, but as a tactic of fair competition.

Oh my, I got it!

‘Hey, I can’t see it as a sin to set a trap using future information.’

The grim reaper nodded meekly.

[You saved 23 people from predestined death and 166 people from pre-determined suffering. The Great King is very satisfied with this.]

Life loss in Taesung chemical fire accident.

The grim reaper was talking about this.

[I don’t know how it is in this world, but in the other world, the preciousness of human life is the most important. This is why the great king enforced the real-time settlement of merits, which can be called preferential treatment.]

Good?

‘Then, if I save others in the future, King Yeomra will settle my merits in real time, right?’

[okay. The Great King said, ‘Saving others is the way to save yourself, and saving others will be the way to save yourself.’]

The grim reaper smiled contentedly.

[So the Great King said he would present you with a very special bond.]

It’s a special relationship.

[Originally, it must have been a bond that could never have been reached. He said he was chosen because of his relationship with a big man who would be of great help in what you are trying to achieve.]

It was tempting.

A relationship with a giant is hard to buy.

People want to tie a string with a big player, but in the end, they meet with each other.

Unless there is a very special occasion, it is not easy to meet people who are one level higher.

Suddenly, I remembered the conversation I had with King Yeomra in the underworld.

-That luck is like getting first place in the lottery if you just buy, a perfect score in the test if you just take a picture, and being hit by a thunderbolt while walking on the road.

-hahahahaha, if you live, you might get such a windfall. But can’t we just live hoping for that kind of thing every time? Human life is not like that.

– So I’m asking.

-When you are punished by heaven. Did you get interrupted every time you did it? But this time it will be the other way around.

-oh!

– Good relationships come together, opportunities big and small arise from there, and if you follow your luck at the right time, you will have a good taste in life. That is great luck.

King Yeomra emphasized once more.

-So, please be careful with your relationship. The luck of people’s life is originally derived from karma.

I brushed my chin.

‘You are a nobleman who calls for great fortune. He is a big man who will be of great help to my work in the future, and a string of ties that I would never have been able to reach. Who is that?’

The grim reaper chuckled.

[It is a fate prepared by heaven. You’ll find out soon.]

The grim reaper disappeared like smoke.

“young master.”

Sim called me.

What he handed me was a three-page contract.

‘wow! Incredible golden light!’

It certainly didn’t shine this bright until I typed it earlier.

But after Chairman Kim of Woogwang signed it, it suddenly flashed to this extent.

‘Is this going to happen?’

this was a little strange

I’ve seen a note that I’ve written immediately emit a golden light.

However, it was the first time that a brighter golden light was applied after signing and sealing the contract.

I suddenly became curious.

“A while ago, when I was writing the contract for the merger and acquisition of Wookwang and Taesung Chemical. Have you added anything?”

“If it’s an added one… Yes, there is one.”

“What is it?”

“It’s something I didn’t discuss with the young master, but I added one more line with the thought of making it more certain while making an irrational number.”

“One more line?”

I looked at the special provisions of the contract.

Come to think of it, there was one more clause written in his own handwriting.

＜Taesung does not exert pressure, such as pressing for delinquent bills by maturity, but Wookwang Securities, which is collateral, is also processed in lieu of the terms of the re-acquisition negotiation.＞

Sim explained.

“We just replaced the word bond market rules that the boy wrote down with our language.”

Does that single word change the brightness of the golden light?

It was interesting.

“Because you are still young, you will not be able to understand how terrible the phrase, ‘Woo-Kwang Securities as collateral, will also be processed in lieu of the terms of the re-acquisition negotiation’ is.”

It touches me.

I secretly hid it under the word that it was handled according to the rules of the private loan market, and you wrote it openly as a clause.

“Woogwang is a conglomerate that ranks ninth in the business world of Korea. There is nothing I can’t do if I say that I will repay the promissory note by driving the sales of all affiliates of Wookwang into Taesung Chemical. By the way.”

“Woo-gwang, you mean that Taesung Chemical’s bills will be processed with the lowest priority?”

“Yes, as the amount of the bill is large, there is obviously a lot of room for the Blue House to intervene if a problem arises. Woo-gwang had the attitude that there was no need to deal with Tae-seong’s bill in a hurry.”

Even if there is no fire at Taesung Chemical, Woo-gwang will look down on Taesung Chemical’s short-term promissory note and let it go and get angry.

This was the reason why I insisted on the rules of the bond market and tied it to bill trading.

‘The method is different, but the bar we aim for is the same. Even so, this one clause changes the value of this contract, doesn’t it?’

I looked down at the contract, where the golden light shone brightly.

‘I guess it’s better to follow the rules of the Yangji and use the legal method.’

Come to think of it, it seems right.

Legitimate ones are less likely to fall behind than illegal or expedient ones.

Also, it is easy to be recognized by others.

‘I learned something good.’

I was very satisfied.

To the extent that President Sim, who did a great job at this job, looks pretty.

“You worked hard. I especially like this last special contract.”

I put my hands together and nodded my belly button.

“Thank you so much for your important teaching. Rules of chaebol companies. Thanks to you, I will definitely learn.”

“You are special. To know that you can even count my hidden meaning… Taesung’s future is really secure.”

Pretending not to know, I quietly asked.

“At least, when my expectations were wrong. Aren’t you worried that you’ll be treated like an asshole for colluding with Woo-gwang and handing over Taesung Chemical? At that time, it will be difficult to prove President Shim’s sincerity toward Taeseong.”

“Did you think I was worried about that?”

President Shim got down on one knee to face me.

“I believe in the former president. So I wasn’t worried about that.”

It was a gentle expression with soft eyes.

“You are the one who is well aware of the tactics used by conglomerates to eat a failing company raw. If I just said a few words about attracting Wookwang Securities, you would have understood my meaning right away.”

“ah······!”

“Actually, what I was worried about was the young master.”

“Me?

I slowly blinked my round eyes.

I didn’t understand at first.

“If my prediction was right, that is, when Woo-gwang dutifully paid the short-term bill to acquire Taesung Chemical.”

I saw Woo-gwang taking off short-term bills as the basic premise, but Shim assumed that Woo-gwang faithfully repay short-term bills as the basic premise.

“What is the reason why Taeseong properly organizes the takeover negotiating team and fights at the risk of a bloody battle on the table for at least several months or at most? It was because we kept in mind that companies lose a lot when they lose trust.”

it’s credit

It was a word that was not valued in the world of back alleys.

“I thought that Woo-Kwang would not try to eat Taesung Chemical raw even after Woo-Kwang Construction went bankrupt. Because of that, Taeseong’s loss due to the use of expedients was very regretful.”

For chaebol companies operating in Yangji, the value of the word credit seems to have been used with a different weight than ours.

I was overlooking this.

“But when I actually dealt with the people from Woo-gwang’s side, I felt bitter because I thought that 15 billion is an amount that could put down 40 years of friendship and corporate credit.”

15 billion is about 750 billion in terms of prices in the 21st century.

Can a friendship of 40 years be worth it in front of that kind of money?

“Actually, the Bocchan’s bait was really good. It was to the extent that not only Chairman Kim of Wookwang, but also Wookwang affiliates and me were all caught. It was a bold move.”

President Shim gently held my shoulder.

“Fierce tenacity toward a goal, courage to rush in fearlessly, bold measures, and sharp insight into the opponent’s intentions.”

Sim smiled very satisfied.

“Excellent. Eight years old is unbelievable. This Sim Won-cheol will protect you.”

“So, are the exams over now?”

“Did you know?”

“You worked hard. I was using irrational numbers to fit the eye level of an eight-year-old child.”

Sim’s eyes shook violently as if an earthquake had struck.

“I ate one of these.”

“You were dubious. Nevertheless, he forced me to do things according to my will.”

If I hadn’t judged that I was a person who would treat me according to my abilities, I wouldn’t have revealed my intentions either.

“The fact that you negotiated while looking at my intentions means that you have the ability to support me in response to whatever I ask you to do.”

During the negotiations with Woo-gwang, Sim stopped talking and ran to me.

I intend to see what choices I make.

It is said that I was relaxed enough to talk about my insides while being pecked by 40 Wookwang affiliate presidents.

So I had no choice but to give extra points.

‘There’s no way my grandfather would readily hand over all authority over the takeover negotiations of Taesung Chemical to someone who doesn’t have this kind of ability. My second eldest father wouldn’t have coveted that much.’

President Shim is the one who acted suspiciously even in front of the second eldest father.

It can only be seen that it was intentional to expose the inside in front of me, who is only 8 years old.

I can’t help but be happy that such a man has revealed his will to work for me.

“How were you going to cover this?”

“Since the trap was set by the young master, I was thinking of hunting the sheepdog. Why don’t you stir it up so that Woo-gwang can’t easily repay the short-term bill?”

hmm?

“We have to block the cash flow of Woo-gwang, who is on the verge of a financial crisis. If the notes start to puncture here and there, the line will go bankrupt. That’s how we intend to put Woo-gwang at the negotiating table for re-acquisition.”

A comment that could only come from a back alley…

Even if he doesn’t do that, Woo-gwang has no choice but to come to the negotiations for re-acquisition sooner or later.

‘This is won. You can’t talk about the Taesung chemical fire, you can’t confess that an oil shock will break out within a year, and you can’t guarantee that when that time comes, Taesung Chemical as well as Wookwang Securities will have to cry. There’s no way to explain it?’

Anyway, I like this proactive attitude that never misses an opportunity!

smart smart

The president of Woo Kwang Construction smiled meanly and opened the door to the secretary’s office.

“From the moment the Taesung Chemical merger and acquisition agreement was signed, all data, all equipment, and all property here belong to Woo-Kwang. Can outsiders just get out of here?”

It was Woo-gwang’s order to celebrate.

President Shim had an expression of ‘I just met you!’

“Chairman Kim said he would issue a bill in the name of Wookwang Construction. Are you okay?”

Wookwang Construction CEO Kim crumpled his expression.

Because of course it couldn’t be okay.

＜ How does this work? (2) ＞ end