The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1112



Only Noblemtl

1112

That was indeed the case.

That was the reason why Chairman Choi Yong-wook kept shouting about semiconductors, semiconductors.

That was also the reason why he even tried to borrow an unreasonable amount of money.

Because without huge amounts of money, you couldn’t compete with big companies.

Director Choi Min-hyeok clicked his tongue.

“That’s why they were so opposed to my work in the beginning. It’s not exactly wrong. It’s because it’s hard for companies to grow in the Korean ecosystem.”

“…But the government.”

“Well, do you really think that what that government is doing is for the purpose of fostering small and medium-sized businesses? Absolutely not. You can tell just by looking at me.”

“… … .”

Team Leader Jo Seong-don clicked his tongue as he recalled Director Choi Min-hyeok’s growth story.

Certainly, Director Choi Min-hyeok showed a different attitude from the actions of existing mid-sized Korean companies.

Director Choi Min-hyeok chuckled.

“Look at it now. Who are we afraid of? Are we worried about Oseong Electronics? No.”

“…yes.”

Team Leader Jo Seong-don smiled bitterly at Director Choi Min-hyeok’s subtle remark and did not refute it.

Director Choi Min-hyeok said immediately.

“I wish we had done things this way from the beginning, but it’s hard to ignore the media’s counterattack. We can only fight if public opinion is favorable to us. Let’s take this opportunity to eliminate the Han-Young Daily. This is a warning to other major media outlets. So please prepare well.”

“…All right.”

Team Leader Jo Seong-don was about to refute, “Do you really need to go that far?” but when he saw Director Choi Min-hyeok’s murderous gaze, he ended up just answering.

* * *

President Choi Doo-jin conducted an investigation based on the prior conversation with Team Leader Jo Seong-don to get a general idea of ​​the situation and then met with Director Choi Min-hyeok.

He clicked his tongue at the sight of Director Choi Min-hyeok, who looked completely different from before.

“You’ve changed a lot too.”

That’s right.

Director Choi Min-hyeok’s appearance was not like that of a freshman in society.

It wasn’t just because of the suit.

The atmosphere itself was very different.

I didn’t even pay attention to CEO Choi Du-jin’s expression.

Moreover, he felt at ease in his office as if it were his own.

The figure from back then, when he had come to me in the past and asked for something, was nowhere to be seen.

At that time, Director Choi Min-hyeok kept bowing his head in front of President Choi Du-jin and asking for a favor.

I was convinced that it was right not to raise a black-haired beast.

Director Choi Min-hyeok felt that he was being too comfortable with President Choi Du-jin because he felt like he was like the old man next door, but he just shrugged.

“After going through various things, I think things are changing a bit.”

President Choi Du-jin realized the reality once again. Director Choi Min-hyeok was no longer at the level of the grandson of his close friend, Chairman Choi Yong-wook.

If he were to take a risk, Director Choi Min-hyeok would likely react coldly.

“Yes. There was a lot going on. Oh, I apologize again for that guy Hyunwoo.”

“I haven’t received my compensation yet.”

“Ugh. Do you really have to say that?”

“Because opportunities like this don’t come often.”

“but…….”

“Appealing to the authorities is useless. What Senior Vice President Kim Hyun-woo did is absolutely unforgivable. And what he did after that is also unforgivable.”

“But as far as I know, Hyunwoo seems to be quiet these days.”

“Is that so? The reason I borrowed money from CEO Choi Du-jin and invested in stocks was to use insider information from O Sung Electronics to raise seed money. Why would I go to such a risk?”

“Are you saying that guy is after you?”

“Of course. Chief Kim Hyun-woo is not an easy person. He is someone who never gives up. If he had set a different goal, he might have succeeded.”

President Choi Du-jin ended up laughing in vain at Senior Vice President Kim Hyeon-woo’s unexpected evaluation.

“Well, I don’t know if I should take that as a compliment.”

“Honestly, isn’t that right? Even at Oseong Electronics, you’re still holding up well. Is that really an achievement that an average office worker can achieve?”

“That’s… … .”

“You have to look at it from a universal perspective. Planning Director Kwon Tae-seong is a fairly fair person. If that person were to look at Senior Vice President Kim Hyeon-woo, he would definitely not be an ordinary person.”

Director Choi Min-hyeok surprisingly continued to befriend Senior Vice President Kim Hyeon-woo.

But this did not mean that he truly valued Senior Vice President Kim Hyeon-woo.

It was a pledge to go back to the beginning.

I felt myself letting my guard down these days, thinking that Director Choi Min-hyeok’s revenge was in its final stages.

That’s what the Han-Young Daily’s work was like.

This daunting task was to destroy a major media outlet.

If you rush things, you could really face a backlash, as Team Leader Jo Seong-don advised.

So, it was something that needed to be done more calmly than it was now.

Of course, the Han-Young Daily will slowly boil to death like a fish in boiling water.

‘That’s real revenge.’

That is why Director Choi Min-hyeok has now truly approached the meeting.

President Choi Du-jin inwardly clicked his tongue at that sight. This was because he too had observed Senior Vice President Kim Hyeon-woo’s life at Oseong Electronics after this incident.

‘This is mind-boggling.’

Honestly, if Senior Vice President Kim Hyeon-woo had about 10 billion won, he would have had more than enough to take revenge on Director Choi Min-hyeok.

Director Choi Min-hyeok is concerned about that.

“… Minhyuk, but you are already a super tycoon with over 30 billion dollars in cash. You are not a third generation chaebol. Do you really need to worry about that guy Hyunwoo?”

Director Choi Min-hyeok sighed.

“In Korea, we need to be careful. There are many things we can do with that 10 billion. We can immediately mobilize the Han-Young Daily or the prosecution. Especially, the faction opposing me will be delighted by this proposal. Among them are high-ranking government officials!”

“… Ugh.”

President Choi Du-jin ended up clicking his tongue.

Director Choi Min-hyeok chuckled as he recalled memories from his past life.

When he asked CEO Choi Du-jin to do something, he instead blamed himself.

Senior Vice President Kim Hyeon-woo said it wasn’t his fault.

But now it was the opposite.

Director Choi Min-hyeok looked at President Choi Du-jin with complicated eyes.

President Choi Du-jin was naturally startled. He couldn’t understand why Choi Min-hyeok was looking at him like that. It was natural. It hadn’t even happened yet.

Choi Min-hyuk didn’t blame him for that either.

“So, please help me with this matter. I know that President Choi Du-jin has many acquaintances. He has close connections with them. He has already done business with them in the past. Among them, there will be those who own shares in Hanyoung Ilbo. If we buy those shares, we can shake up Hanyoung Ilbo.”

“… Are you saying that if I just do that, I’ll pretend that Hyunwoo guy never happened?”

“I intend to compromise on the KM Group share purchase ratio.”

President Choi Doo-jin also did not feel burdened by a portion of KM Group shares.

“… Okay. I’ll find out and then contact you.”

“A 30 billion dollar asset owner? Yes, that’s right. Wherever I go, I get treated well. Even if it’s the White House. But I know about my grandfather and his friendship. I want to get along well with CEO Choi Doo-jin, if only for his sake. I’m being sincere about this.”

“…okay.”

President Choi Doo-jin smiled and then frowned at Director Choi Min-hyeok’s cold words and said nothing more.

He thought more about the Han-Young Ilbo shares than this.

The Han-Young Daily was now holding on with both evil and brute force, perhaps because of its pride as a major media outlet.

Vice President Lee Dong-soo went around to other major media outlets and called for the overthrow of Choi Min-hyeok.

In fact, quite a few media outlets did not ignore Vice President Lee Dong-soo’s proposal.

But even he has been keeping an eye on Director Choi Min-hyeok these days.

‘The current state of the Han-Young Daily seems really bad, and that guy Min-hyeok is no joke.’

* * *

Although CEO Choi Doo-jin was reborn as Yangji through an investment in KM Group stock, he has not completely given up on private lending.

However, he did not engage in private lending directly, but only provided funds.

Thanks to that, CEO Choi Du-jin still had influence in the private loan business.

Among them, there were some who invested based on CEO Choi Du-jin as their inspiration.

Unlike general investors, they invested in unlisted stocks that had value.

When running a business, there are times when financial conditions are not good.

It was at this time that he quietly approached and purchased shares.

Of course, this stock purchase is not carried out in a day or two, but over several years.

The Han-Young Daily’s shares were no exception.

The Han-Young Daily also had no choice but to sell its shares when it was in need of funds.

Of course, if I have the money, I will buy back the shares.

Reality can’t be that easy.

President Choi Du-jin met these people and purchased shares in the Han-Young Ilbo.

Most of these private lenders were trying to look good to CEO Choi Du-jin, but since the Han-Young Ilbo was not in good shape, they quickly sold it all at a reasonable price.

Thanks to this, CEO Choi Doo-jin was able to purchase a whopping 9% of the Han Young Ilbo shares.

He even received power of attorney from those who had not handed over their shares.

Of course, they willingly signed the power of attorney because President Choi Du-jin had paid them something in return.

No, they all told similar stories.

[That bastard Lee Dong-soo, please educate him properly!]

This is something I do because I trust the notorious CEO Choi Du-jin.

In fact, there were still people working under CEO Choi Du-jin who had previously worked in the private loan business.

The so-called dark world.

President Choi Du-jin wondered if he should use his size to threaten others at this age.

But he couldn’t ignore the sweet carrot that Director Choi Min-hyeok offered.

To be precise, it is an investment in the future.

If you listen to what Director Choi Min-hyeok wants, you can receive many good investment proposals.

Eventually, he entered the lobby of the Han-Young Ilbo, led by about twenty muscular men.

However, they were armed with suits, not swords or bats.

But it couldn’t erase the gangster-like color.

The desk attendant was terrified and desperately tried to call the police.

Attorney Min Ki-sik stepped forward on behalf of the defendant.

“As a major shareholder, I came to meet Vice President Lee Dong-soo.”

“yes?”

“Here are the documents related to the major shareholder.”

It was a result of having shares in the Han-Young Daily.

The desk attendant only then came to her senses. However, she looked at the muscular man and urgently called Vice President Lee Dong-soo.

[What? A major shareholder with a 26% stake? What the hell is that?!]

However, Vice President Lee Dong-soo, who had been on the phone for a long time, quickly changed his story when he heard about the related documents.

[Oh, I understand. I’ll send someone down, so wait.]

[…All right.]

* * *

Reporter Yoo Bong-goo suddenly received a call from Vice President Lee Dong-soo and went down to the desk.

He also froze at the sight of the large gangster he was seeing for the first time.

I wondered what on earth was going on that had caused so many gangsters to swarm in.

‘Have you borrowed money from loan sharks?’

Although the possibility was slim, it could not be completely ruled out at this point.

The response of the main creditor banks of the Han-Young Daily these days is very different from before.

They also gave special treatment to the Han-Young Daily due to external pressure.

But when rumors of the Han-Young Ilbo’s bankruptcy began to spread, banks also began to take precautions.

Because if Han-Young Ilbo goes bankrupt, we won’t be able to get our loans back.

In this situation, I had no choice but to borrow money from private loan sharks.

However, he also saw reporter Choi Gwang-su, who accompanied him, nodding after looking at the documents related to the major shareholder.

“Oh, I will guide you.”

Reporter Choi Gwang-soo kept an eye on President Choi Du-jin while checking the stock purchase and proxy documents. He was also greatly embarrassed because it was his first time doing something like this.

Reporter Pyong Yok-gu couldn’t even properly look after CEO Choi Du-jin because of the gangsters.

Reporters from the Han-Young Daily also saw the scene as they passed by. They were all busy gossiping.

They also realized too late that the same things that happened at the insolvent companies they covered were happening at the Hankyoreh.

So their complexions couldn’t have been good.

[Is it because of the ad interruption?]

[Because of that, the deficit has piled up so much that there is a lot of talk.]