The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1094



Only Noblemtl

“To be honest, at the time, I couldn’t touch Senior Vice President Kim Hyeon-woo because I was concerned about what Oseong Electronics would do. Now, things have changed, so I took action against him.”

“Oh, yes.”

Only then did Director Jang Seung-il glance at Chairman Choi Yong-wook and President Choi Du-jin.

Senior Vice President Kim Hyeon-woo, who is blue in the face, is a bonus.

Of course, his feelings were different.

Because once the sale of the Collins division, which is currently underway, is completed, things will be different.

Even within the Oseong Group, it was impossible to be unconditionally humble towards Director Choi Min-hyeok.

‘Director Kwon Tae-seong’s attitude is proof of that!’

So now I had to lie down flat on my stomach.

They honestly didn’t think that Director Choi Min-hyeok would bring up the past actions of Senior Vice President Kim Hyeon-woo.

If it was persistent, it was persistent.

Moreover, the target was Oh Seong-Jeon.

This was a declaration from CEO Choi Min-hyeok that he would not leave the Oseong Group alone.

But this was realistically possible.

Only then were they able to find out the real reason why Director Choi Min-hyeok had been so strangely friendly to Oseong Electronics in the past.

The favor wasn’t just any favor.

There was something I wanted to achieve through Oseong Electronics.

However, for this relationship to be maintained, the relationship between A and B had to be clear.

The sale of the Collins division may have seemed to be the end of that relationship, but that wasn’t the case.

One of them was the Annie Apartment, which was being jointly developed by Osung Industries and KMBOOK.

Another was work related to next-generation mobile communications standards.

Although ETRI is leading the preliminary development, the development of a commercial switching system is already in close discussion with Osung Electronics.

President Choi Du-jin carefully observed the situation and sighed when he saw Senior Vice President Kim Hyeon-woo panicking.

“Don’t we have a past? Can’t you be a little more lenient?”

“That and this are a little different.”

“Can I ask you something like this?”

President Choi Du-jin bowed his head sincerely.

In fact, it was something the Choi family could not have imagined.

Because President Choi Doo-jin owns the entire KM Group stock, he is a person who can exert influence.

Director Choi Min-hyeok was quite satisfied with this atmosphere. It was an atmosphere he had definitely wanted to achieve in his previous life. However, he did not show it on the outside.

‘I guess we’ve overcome a difficult time.’

President Choi Du-jin kept an eye on Choi Min-hyeok.

“Minhyuk, then what do you want?”

Choi Min-hyeok instead questioned back. No, he revealed exactly what he was thinking.

“That’s a strange thing to say. Is there really a need for Senior Vice President Kim Hyun-woo to stay at Oseong Electronics? It wouldn’t be a bad idea to start a small company instead… … .”

Senior Vice President Kim Hyeon-woo was furious at Choi Min-hyeok’s blunt words, but he didn’t show it. Instead, he broke out in a cold sweat.

President Choi Du-jin made a complicated expression as he looked at Senior Vice President Kim Hyeon-woo’s face.

“It’s not that simple.”

“Then why don’t you do it that way? Why on earth are you making things inconvenient?”

“But, how long will that company last?”

“That’s… … .”

President Choi Du-jin looked at Senior Vice President Kim Hyeon-woo with miserable eyes.

“A year at most. It’ll be hard to go beyond six months. He knows better.”

“… … .”

Senior Vice President Kim Hyun-woo lowered his head. He was more calm than he thought. It means he knows himself well. In the end, it means he will cling to Oseong Electronics and endure.

“… … .”

Director Choi Min-hyeok stuck out his tongue and recalled his memories from his past life. He was talking about Senior Vice President Kim Hyeon-woo’s actions. In a word, he was a parasite attached to KM Electronics.

That’s also an early stage parasite.

The only thing now is that the target has changed from KM Electronics to Oseong Electronics.

He ended up grabbing his forehead.

Then, belatedly, I realized one thing.

‘Wait, it won’t harm me.’

As it turned out, he had something he wanted to get from CEO Choi Du-jin.

I’m talking about KM Group shares.

Even if they had only that stake, they could not oust Vice Chairman Choi Moon-kyung, but they could overtly pressure her.

The difference between Vice President Choi Moon-kyung and Senior Vice President Kim Hyeon-woo.

The worry didn’t last long.

“I’d like to speak with you two for a moment.”

“… Okay, I see.”

* * *

President Choi Du-jin watched people leave with a complicated expression on his face.

Chairman Choi Yong-wook didn’t look that surprised. Rather, he just looked at President Choi Du-jin’s expression with eyes full of interest.

He also had something to build up against former CEO Choi Du-jin.

However, I couldn’t show it on the outside.

The influence that President Choi Doo-jin had over the KM Group was truly overwhelming.

On the other hand, CEO Choi Doo-jin also became a breakwater for the KM Group.

For Chairman Choi Yong-wook, this wasn’t necessarily a good thing.

However, he could not stop his influence over President Choi Du-jin.

But his grandson, Choi Min-hyeok, was different.

Minhyuk Choi openly attacked CEO Dujin Choi right in front of him.

‘…He’s a great guy.’

Actually, it wasn’t because he was his own grandson.

I was envious of him as a manager, leaving behind his grandson.

That’s how confident you can be.

Director Choi Min-hyeok avoided Chairman Choi Yong-wook’s complicated gaze. He did not speak at length because of Chairman Choi Yong-wook.

“You know what give and take is, right?”

“embrace.”

“It’s easy to say. What I want is a share of the KM Group.”

“…Are you talking about all the shares I own?”

He glanced at Chairman Choi Yong-wook.

Chairman Choi Yong-wook did not say anything else.

In fact, it was a better choice for him to have his grandson Choi Min-hyeok own the shares rather than CEO Choi Du-jin.

However, when I think about Vice President Choi Moon-kyung, it wasn’t like that.

Chairman Choi Yong-wook frowned as if he had a headache.

Director Choi Min-hyeok accepted that Chairman Choi Yong-wook tacitly approved this.

“… If I have that stake, I will forget everything that happened with Senior Vice President Kim Hyun-woo. To be honest, I don’t want to receive the stake as a gift or inheritance from my grandfather. If possible, I want to secure the stake by paying a fair price. Oh, I will give you plenty of time, so think about it. You will also need to discuss it with your grandfather. I hope the conversation ends here.”

“… Okay.”

President Choi Doo-jin did not blame Director Choi Min-hyeok. He said he would buy the stocks at a fair price and not steal them.

However, he kept an eye on Chairman Choi Yong-wook.

“Let’s just talk amongst ourselves.”

Chairman Choi Yong-wook took note of Director Choi Min-hyeok’s reaction, but ended up stepping down.

As he left the office, he glanced at his grandson Choi Min-hyeok’s expression.

I could only exclaim in admiration.

On the one hand, I was worried.

‘If the stake exceeds a certain level, Moon Kyung will immediately remove that guy from the vice president position.’

That was also difficult.

Chairman Choi Yong-wook’s mind was bound to be complicated. He checked President Choi Du-jin’s expression just in case. But President Choi Du-jin’s face looked unexpectedly calm.

‘hmm.’

* * *

Senior Vice President Kim Hyeon-woo did not hear the detailed story from President Choi Du-jin.

However, he knew better than anyone what kind of person Director Choi Min-hyeok was.

This incident didn’t seem like it would just pass.

‘I’ve bought some time.’

Senior Vice President Kim Hyeon-woo eventually had to find a way to survive. Fortunately, he obtained information related to Director Choi Min-hyeok from Planning Director Kwon Tae-seong.

Just in case, he went back to see Planning Director Kwon Tae-seong and asked him a question.

“Is there anything I can know about the sale of the Collins division… …”

“Its beginning is… … .”

Planning Director Kwon Tae-seong continued his previous story by speaking frankly about the sale of the Collins division, the sale of the O-Sung Group automobile division, and even the stories related to HY Automobile and GM.

Even the fact about the pressure to advertise in the Han-Young Daily.

This was actually the weird part.

For Planning Director Kwon Tae-seong, it was a behavior he had never shown to Senior Vice President Kim Hyeon-woo before.

‘You want to use me as a hunting dog?’

Still, I checked it out.

To be exact, I had to confirm my position after this incident.

If we can achieve results through this work, will we be able to survive at Oseong Electronics again?

“… If I restrain Director Choi Min-hyeok, will you give me another chance?”

“If you have that kind of achievement.”

“…Why are you telling me that information?”

“I don’t like Chief Kim. But you are the only one who openly fights with Director Choi Min-hyeok. Even Chairman Ahn Geon-min is now watching Director Choi Min-hyeok’s every move, and I don’t like the way it looks.”

“Hmm.”

Senior Vice President Kim Hyun-woo opened his eyes wide. A name he had never imagined appeared. It was Chairman Ahn Geon-min. He had no idea that even he would be aware of Director Choi Min-hyeok’s feelings.

Planning Director Kwon Tae-seong had no intention of hiding this matter.

“You may have heard that the sale of the Collins division was worth $6 billion. Yes, that is true. But that will lead to a restructuring of the entire Oseong Group.”

“Hasn’t restructuring been carried out on a consistent scale every year? It doesn’t seem special.”

“No. This restructuring is different from last year’s. All business units with low profitability are subject to restructuring. This applies to all affiliates. There are no exceptions.”

The restructuring that Planning Director Kwon Tae-seong was talking about was not simply at the affiliate level.

Because the entire group is divided into manufacturing divisions, all unprofitable subsidiaries are being reorganized.

Strictly speaking, it was not much different from the restructuring carried out by the Oseong Group after the IMF.

“oh my god!”

Senior Vice President Kim Hyun-woo was shocked. He was shocked by what Director Choi Min-hyeok was doing. However, he belatedly realized the core of what was going on.

“Are you saying that this is all because of the Han-Young Daily?”

“That’s how it started. But now, that’s not important. It’s become a problem for our Oseong Group itself.”

“… Are you saying that all of that is Director Choi Min-hyeok’s work?”

“Looking at it now, it probably wasn’t intentional. But that’s what happened as a result. Director Choi Min-hyeok took revenge.”

Planning Director Kwon Tae-seong kept his distance from Senior Vice President Kim Hyeon-woo while being polite to him. He was also worried that things might get messed up for no reason.

This work had to be done by Senior Vice President Kim Hyeon-woo alone.

For his own survival.

Therefore, if something went wrong, Senior Vice President Kim Hyeon-woo had to take responsibility alone.

But I couldn’t mention that.

Just mentioning it is something that will make Director Choi Min-hyeok responsible.

Senior Vice President Kim Hyeon-woo realized the truth.

“… He’s really amazing. Director Choi, that bastard is really a bastard.”

“… … .”

Planning Director Kwon Tae-seong didn’t say anything about Director Choi Min-hyeok. He just had vague hopes for Senior Vice President Kim Hyeon-woo.

Should I call it pride?

But I couldn’t bring up that story.

If even one of these things had reached Director Choi Min-hyeok’s ears, it would have been difficult to see a good outcome.

To be exact, I couldn’t trust Senior Vice President Kim Hyeon-woo.

He could also leak information to Director Choi Min-hyeok for his survival.

Because there is a possibility that, even if only for a small amount, they will demand that Planning Director Kwon Tae-seong be fired as an option to sell the Collins division.

‘Should I be cut from the group?’

But he couldn’t help but sigh as he looked at the terrified look on Senior Vice President Kim Hyeon-woo’s face.

He was no exception.

If this becomes public, other executives and employees of the Oseong Group will probably be no different.

Only then did Planning Director Kwon Tae-seong finally understand why Director Choi Min-hyeok had insisted on handling things that way.

‘It’s really creepy.’

* * *

Senior Vice President Kim Hyeon-woo thought about the situation as he learned about it.

He was also nervous that if he just stayed like this, he might really get buried.

‘Fuck, HY Group and LC Group are also included in the target.’

In other words, it would have been a problem even if I had quit Oseong Electronics.

Just by threatening the HR departments of these large corporations, Director Choi Min-hyeok no longer had a place to stand.

Even starting a new business is the same.