The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1123



Only Noblemtl

1123.

The remaining major corporations also began booking advertisements in the Han-Young Daily.

Mid-sized companies related to communications were no exception. They began to rely on Han-Young Ilbo advertisements even in difficult situations.

Even the phone calls from the Han-Young Daily sales team continued without stopping.

If I can’t sign an advertising contract right now, I can postpone it.

He said he would pay up to 30% of the deposit if necessary.

Of course, the Han-Young Daily did not refuse.

Because all of this is captured in the sales of Han-Young Ilbo.

This happened because we knew that the real owner of the Han-Young Daily was Director Choi Min-hyeok.

It was a bit of a misunderstanding though.

Reporter Woo Yong-gu found this situation absurd.

“Money is the best.”

“How could this be? Director Choi Min-hyeok didn’t do anything himself. It was President Choi Du-jin who schemed behind the scenes. How did you conclude that Director Choi Min-hyeok was the owner based on this alone?”

But in reality, things turned out a little differently.

Most of the major shareholders of Han-Young Ilbo had to watch the mood of President Choi Du-jin.

They say that Director Choi Min-hyeok was behind CEO Choi Du-jin’s sudden purchase of Han Young Ilbo shares.

No matter what, it was something that could not happen over the shares of a major media company.

What Director Choi Min-hyeok did to the Han-Young Daily was that horrific.

Reporter Choi Gwang-su averted his gaze because he had something to do.

Reporter Pyong Yok-gu was puzzled.

“Why? It’s not all bad. They wouldn’t touch a bunch of reporters like us.”

Reporter Choi Gwang-soo paused. The director Choi Min-hyeok he remembered was a terrible person.

It didn’t seem like the aftereffects would be left as they were.

‘For example, if you were a reporter for General Public, you would be on the blacklist.’

But I couldn’t say that.

Reporter Pyon Gu frowned when he looked into reporter Choi Gwang Su’s eyes.

“What’s with those eyes? Do you really think I’m going to get cut from the Han-Young Daily? Hey, even if you’re Director Choi Min-hyeok, you can’t do something like that.”

“I don’t know.”

“Oh right, why is it like this?”

“I don’t know.”

“No, that’s right. No matter how much I try to do, I’m just a regular reporter. But would Director Choi Min-hyeok touch me? Oh, you mean something I did? That’s something I did under the orders of Editor-in-Chief Choi Kyung-jin. How would Director Choi Min-hyeok know about that?”

Unfortunately, Director Choi Min-hyeok knows that fact.

These are the people who attacked me in the Han-Young Daily.

Because reporter Choi Gwang-su provided the list.

Director Choi Min-hyeok carefully checked the list, even the things they did and their tendencies.

Reporter Choi Gwang-soo made a bitter expression. He also received Director Choi Min-hyeok’s suggestion, but it was not a very pleasant experience.

Editor-in-Chief Choi Kyung-jin wasn’t such a bad person. He was the one who helped me establish myself at the Han-Young Daily, even though it was a long time ago.

He himself is a traitor.

Reporter Pyong Yok-gu also ground his teeth.

“Who the hell leaked the inside information? I can’t understand it. There’s nothing to gain by taking Director Choi Min-hyeok’s side.”

Reporter Choi Gwang-su still hasn’t spoken.

Reporter Pyong Yok-gu found reporter Choi Gwang-su’s attitude annoying.

But soon he sighed.

Because I thought of someone who benefited from this.

“President Choi Du-jin. He must have bought the Han-Young Ilbo stocks at a bargain price this time. How much did he make?”

It is difficult to calculate clearly because Han-Young Ilbo is not a listed company.

Still, considering that it is traded as an unlisted stock, it would have gone up tremendously.

In fact, even when taking Director Choi Min-hyeok’s side, President Choi Du-jin would not have made such calculations.

“Ha, shit, I always told you there’s always someone who makes money.”

Reporter Baek Yong-gu, who thought he had caught the rotten rope, just clicked his tongue as he recalled the time he had spent dealing with Director Choi Min-hyeok.

“You should have held the strings. That damn ego. You talked back to a $25 billion man, and this is what you end up with.”

He was a reporter who regretted his actions too late. He had a sense of duty as a reporter, but the world was cruel.

Reporter Choi Gwang-su was so guilty that he couldn’t even answer.

The media company had a surprisingly high debt ratio.

Among them, the Han-Young Ilbo had a particularly high debt ratio, at around 240%, but after it took a stand against Director Choi Min-hyeok, the ratio shot up, easily passing 500%, and has now reached 700%.

Considering that other media outlets were able to survive thanks to their connections to conglomerates, the rumors that Hanyoung Ilbo would go bankrupt were not entirely false.

This caused the major shareholders of Han-Young Ilbo to be shocked.

Although they also had pride in being major shareholders of the media, they could not support the Han-Young Daily as they had before.

Director Choi Min-hyeok received a blacklist of Han-Young Ilbo members from reporter Choi Gwang-soo while further increasing the debt ratio by blocking the advertising funds of Han-Young Ilbo.

“You’re very thorough.”

Team leader Jo Seong-don looked at me with a worried expression.

“What are you going to do?”

“Of course we must make sure to retaliate.”

“But if this gets out into the open, it’s going to be a big problem.”

“Ah, that’s a story for when it comes out. The largest shareholder of Hanyoung Ilbo is CEO Choi Du-jin. I have absolutely no connection to Hanyoung Ilbo.”

“But wouldn’t information leak out from CEO Choi Du-jin’s side?”

“That’s why you have to convey it well. As long as there is no direct connection between me and you, it’s not a problem. And even if it is revealed, it’s just my personal opinion. It’s not a problem.”

I would say that it is Director Choi Min-hyeok who is assertive. In fact, there would be no problem since President Choi Du-jin is actually the largest shareholder of Han Young Ilbo.

“If President Choi Du-jin betrays…”

“That’s not a problem either. It will weaken our control over the Han-Young Daily, but it won’t mean much. There’s no need to retaliate to that degree.”

“…Then, rather.”

“No. I can’t do that. This time, I have to make sure that the aftermath is clean, so that the Korean media won’t come at me again. Please take care of this with that in mind.”

“…Okay, I see. But if you look at the list here, there are also regular reporters. Are you going to organize them as well?”

“Of course. It doesn’t matter if they’re regular reporters or interns. Anyone who reveals this to me must be punished without mercy.”

“…yes.”

Only then did Team Leader Jo Seong-don realize that Director Choi Min-hyeok had not forgotten what had happened to him in the past.

This is what the Han-Young Daily has done so far.

He seemed determined to take thorough revenge through this opportunity.

‘I guess I was really stressed out because of that. Maybe I was trying to emulate the Han-Young Daily.’

President Choi Doo-jin was delighted. He had taken a risk and purchased shares of Han Young Ilbo, but he had invested too much capital and suffered losses.

This is because the value of the Han-Young Daily continued to fall.

In fact, at this time, he accepted the loss because he was thinking of Senior Vice President Kim Hyeon-woo.

I never imagined that the value of Han-Young Ilbo shares would rise.

Even Director Choi Min-hyeok wouldn’t be able to make it like that.

But in the end, that loss turned out to be a huge hit.

No, it was a huge hit.

In fact, there are more people who are eyeing their own stocks.

[President Choi, let’s meet briefly and talk.]

[Mr. Choi, I am talking about the shares I sold. Yes, I would like to get them back.]

[Mr. Choi, I’m really sorry. I didn’t know it would turn out like this. This is not it.]

[CEO Choi, did you collude with Director Choi Min-hyeok to do this? If that’s true, I really won’t let that happen. Instead of keeping my mouth shut, I want to buy back the 50% of the shares I sold.]

The equity value they were calling was at least 10 times the unit price they purchased, usually 15 times, and some even 20 times.

However, the standard for the value of the shares he purchased is when the value of his Han Young shares plummeted.

If you look at it that way, its value increases even more.

If this atmosphere continues, the value of Han-Young Ilbo shares will skyrocket.

Attorney Min Ki-sik stuck out his tongue.

“… Director Choi Min-hyeok is truly amazing.”

“yes.”

“Yes. Who would have thought that the value of Han-Young Ilbo shares would skyrocket like this?”

“This must be the result of Director Minhyuk Choi provoking the top 10 conglomerates. At a time when the actual value of Plims continues to rise, we need to look good to Director Minhyuk Choi.”

“I can’t believe that among those targets are Oh Sung Electronics and HY Electronics. They surrendered to Director Choi Min-hyeok so meekly.”

“Of course. That would be really great.”

“But President Choi, who noticed that, also has extraordinary insight.”

“…I was just lucky.”

“Hey, at first, I was against it because the value of the shares fell as soon as they were purchased. But President Choi trusted Director Choi Min-hyeok.”

That wasn’t the case.

President Choi Du-jin honestly wanted to cut off the bad relationship between Senior Vice President Kim Hyeon-woo and Director Choi Min-hyeok.

It was a gift he could give.

On the one hand, he knew very well that Director Choi Min-hyeok was no ordinary guy. That was the reason why he did not confront Director Choi Min-hyeok about the issue of Senior Vice President Kim Hyeon-woo.

“If I had a big fight with Director Choi Min-hyeok….”

“I don’t think that will happen. Even if you don’t know, you must have suffered a great financial loss.”

“On the one hand, it’s really scary.”

“That’s right. Minhyuk, that guy is scary all over again. Now Minhyuk has no choice but to do whatever that guy wants. Keep checking on that Hyunwoo guy. He might do something stupid.”

“…All right.”

“And faithfully execute the orders that have been given this time. Cut off all the reporters on that list. Even regular reporters are no exception. And leak information to other media outlets. If you hire them, you’ll pay a high price.”

“…Is it really necessary to go that far?”

“Minhyuk, that’s what he wants. Look at the blacklist here. I wrote it all down carefully.”

“…yes.”

President Choi Du-jin sometimes stuck out his tongue at the thought of fighting with Director Choi Min-hyeok because his pride was hurt by the issue of Senior Vice President Kim Hyeon-woo.

If that had been the case, the loss he has suffered now would have been beyond imagination.

‘How on earth is this possible? The top 10 conglomerates are pushing the Hanyoung Ilbo again. This is all because the top 10 conglomerates pressured the top 10 conglomerates. In fact, among the top 10 conglomerates, the Ohsung Group is not a person who can be easily taken advantage of… ‘

As President Choi Doo-jin predicted, the value of Han-Young Ilbo continued to soar vertically.

The story of Han-Young Ilbo’s bankruptcy was thus forgotten.

Chairman Ahn Geon-min was also left speechless after reading this article.

He too was now scared after seeing what had happened surrounding the Han-Young Daily.

Because even he couldn’t hit a major media outlet like the Hankyoreh.

“Director Choi Min-hyeok’s claim is correct.”

In fact, he was also shocked.

I had no idea that the value of the Han-Young Daily would skyrocket like this.

He also quietly purchased shares of the Han-Young Ilbo.

Of course, this isn’t manufacturing, but to this extent, there was no need to distinguish between areas.

“yes?”

Chairman Ahn Geon-min thought differently about Director Choi Min-hyeok’s proposal.

“I don’t think Director Choi Min-hyeok made an unreasonable request. This time, we can get rid of Oseong Motors at a fair price.”

“but…….”

Chairman Ahn Geon-min focused more on the future than on Director Choi Min-hyeok’s abilities.

“Yes, it’s a shame. It’s really a shame. If I had two more years, I wouldn’t have taken such a risk, but the current situation isn’t easy. You must have received a report from the strategic planning department. Southeast Asia’s poor performance is also a problem. No, it could be an even more serious problem.”

After much deliberation, Chairman Ahn Geon-min finally reached a conclusion.

“…I’ll proceed with the acquisition of Collins’s business right away. In return, I’ll secure the rights to do so.”

“That’s the share price? …

“Let’s decide on 6 billion dollars.”

“…All right.”

There was now no disagreement.

This was a matter that had been under review for a long time.

However, they tried to fix the purchase price of the shares through backroom negotiations.

That couldn’t happen anymore.

It’s because of Plims.