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The Bottom of a Large Company Does a Good Job - Chapter 264

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  2. The Bottom of a Large Company Does a Good Job
  3. Chapter 264
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Only Noblemtl

Episode 264. Chaos (4)

On the day of the shareholders’ meeting, tension was high among the employees from the morning.

The IR team was not enough, so they sent out requests for support to other teams in the management headquarters and brought in people.

We also prepared twice as many return gifts as usual.

The IR team leader predicted that this shareholders meeting would become a battlefield.

The convention center was rented as the venue for the general meeting.

They say about a thousand people came last year.

From the lobby to the inner hall, staff members were standing around, preparing to welcome guests.

Although guiding the venue was left to staff from other teams, IR team members were stationed near the attendee check-in zone in front of the venue.

At the forefront were the team leader, Chae Kyung-jun, and Chae In-ha.

Chae In-ha, who was looking straight ahead seriously, suddenly asked.

“Team Leader, you’re closing the shareholder register. But the changes in the construction industry have only happened in the past few months. So, does that mean that people who really have a grudge can’t come?”

There were two people with the title of team leader, but each person knew exactly who Chae In-ha was asking.

Chae Kyung-jun peeked out and looked to the side.

“I was wondering what you were thinking. It looks like you did a lot of research on your own.”

“Huh? How did you know that I investigated it on my own?”

“If I had asked the chairman or the president, he would have told me the details.”

“Oh, I see.”

The two of them were standing in a hallway, so even if they spoke softly, it was heard loudly.

When Chae Kyung-jun mentioned the chairman and president so casually, the employees who were listening were startled.

“Mr. Inha is right. Taesung Construction’s shareholder list closes on December 31st.”

Stocks are being bought and sold furiously even at this hour.

This means that shareholders are constantly changing even at this time.

So at what point should I send out invitations to the shareholders’ meeting?

The answer is to lock the shareholder register.

It is to confirm that there will be no further changes to the shareholder list as of a certain date.

People who purchased shares after the shareholder register was closed will not be able to receive dividends or exercise voting rights at the general meeting of shareholders.

“I started the incident after January.”

“Then the people who are actually coming today are the shareholders before December. They have nothing to do with the incident, right?”

You might be wondering why I’m so nervous.

Chae Kyung-jun paused for a moment and said, “Um.”

“At that time, the shareholders may have had a stake in the January incident.”

“I thought about that too. I don’t think it’s necessary to prepare like this just for that reason. Is there another reason?”

Chae Kyung-jun smiled faintly.

“I know the IR team leader knows better than I do, but let’s try to catch the wrinkles in front of the worm. If I’m wrong, I’m sure the team leader will correct me.”

When the IR team leader nodded, Chae Kyung-jun continued speaking.

“The first is a proxy. Shareholders can delegate their voting rights to others. Since there are countless people who own shares in Taesung Construction, you can go to one of them and get a proxy.”

“If you are a small shareholder who is not interested in the general shareholders’ meeting, it is more than enough to write a proxy.”

“The second is the shareholder’s meeting attendees. They are the ones who came for the purpose of attending the shareholder’s meeting in the first place.”

When Chae Kyung-jun turned his head to the other side as if to ask, “Is that right?”, the IR team leader nodded and intervened.

“They are well-informed. They already know what happened at Taesung Construction and are coming to cause chaos.”

This time, Chae Kyung-jun had a question.

“But don’t shareholders try to hold as many general meetings as possible? Why would anyone want to cause chaos?”

To prevent shareholders from causing trouble, well-known companies hold their general shareholders’ meetings on the same day and at the same time.

The locations are also different.

No matter how much Taesung Construction is a hot topic, not all shareholders in the Republic of Korea will be able to gather there.

“Oh, here you come.”

As the three of them were chatting away, people started appearing one by one from the end of the hallway.

The employees standing in the hallway all became tense.

“Hello, welcome.”

The staff greeted guests in a friendly manner and checked their general meeting attendance cards and IDs.

There was also a staff member counting how many people entered.

Then, he handed out the thank-you gifts that had been piled up in one corner to each of the attendees.

“What’s inside? A towel?”

“It’s a mini toolbox set.”

“Oh. It’s much better than last year. You’ve worked hard.”

There were even people who spoke to me familiarly, as if I was a regular participant.

It was at that time that I thought things were going smoothly.

“……come.”

Tension began to build at the entrance as someone spoke.

A middle-aged man with a sullen expression appeared at the end of the hallway.

He approached quickly with a familiar gait and glanced around at the staff.

“It’s been a while. There are some faces I haven’t seen before. Are you new?”

“I’m the leader of another team. I’m asking for your help because we’re short on manpower, haha.”

It seemed like this wasn’t the first or second time he had been here, as he had memorized all of his team members’ faces.

Chae Kyung-jun greeted him with a refreshing smile.

There was no separate greeting.

Because I figured out who the guest was.

He is not a person who came to attend the general meeting of shareholders.

He’s a guy who came to extort money.

I didn’t want to give my full name to that person.

And people of that type were arriving one after another.

“Hey, let’s hurry up and do this. Are you going to work for a day or two? I have a lot of places to go right now. If I don’t get paid because I’m late, will you pay me the daily wage?”

Chae In-ha looked at the man standing behind her with a dumbfounded expression.

He was the kind of person who decided to go around the shareholders’ meeting as if he had picked a day to do so.

I was dumbfounded when he asked me to hand over the money as if I had entrusted it to him.

The man glared at Chae In-ha with a look that asked, “What are you looking at?”

The IR team leader stood in the way.

“Haha, don’t worry. You all have precious time. I’ll take care of it right away. Please wait a moment.”

Chae In-ha frowned slightly, but Chae Kyung-jun stood there like a statue with a smiling face the whole time.

It’s true that I don’t like it.

If you wanted to fight, you could fight.

But if we fight loudly here, it will be Taesung Construction that will suffer.

If it’s dirt that can be avoided, it’s best to avoid it.

It was something that didn’t even need to be dealt with.

Following the instructions of the staff, those who only wanted to receive money stood in a separate line.

The staff handed out envelopes they had prepared in advance, one by one.

It was also called a paralysis.

As the two lines were smoothly reduced, the IR team leader’s face suddenly became clouded.

“Ugh… … You finally came.”

Chae Kyung-jun looked at the team leader’s profile.

I’ve seen you look nervous for the past few days, but this is the first time I’ve seen you look so flustered.

In the place the team leader was looking, there was an old man.

He had gray hair at the back of his ears and was walking leisurely, wearing a modified hanbok and carrying a backpack.

It was an appearance that was hard to forget once you saw it.

‘That’s not all.’

There’s no way the team leader would be this nervous just because of someone’s unique appearance.

It was clear that there was something famous or memorable about this industry.

“Oh, Team Leader. It’s good to see you again.”

An older man who spoke politely, befitting the concept, laughed and went inside.

There were several instances after that where the team leader groaned.

Every time, middle-aged and elderly people with gentle-looking faces would enter the meeting room.

When the time came, the team leader grabbed Chae Kyung-jun’s arm and said.

“We’re in real trouble. It looks like all the notorious people are here.”

“Notoriety?”

“Yes. I don’t think this general meeting will just end.”

Chae Kyung-jun’s eyes became heavy.

He stared blankly into the meeting room.

“But that doesn’t mean you can avoid it.”

“Team Leader Chae is saying that because he hasn’t experienced it.”

“Then you have to experience it.”

The team leader looked tired at Chae Kyung-jun’s calm words.

“How about evacuating Mr. Chae In-ha?”

At the team leader’s words, Chae Kyung-jun glanced to the side.

Chae In-ha didn’t say anything.

I just calmly waited for Chae Kyung-jun’s decision.

Chae Kyung-jun said with a smile.

“You’re not going to avoid this every time, are you?”

“Yes, of course!”

“Then let’s go.”

As Chae Kyung-jun slowly entered the building, Chae In-ha followed him without hesitation.

Even if you are a greenhouse plant that doesn’t know anything about the world, you would have noticed that things are going badly.

However, there was no sign of hesitation on the part of Chae In-ha as he entered the meeting room.

His eyes contained a strong trust in the young man who was ahead of him.

The team leader entered the hall, half envious, half fearful.

The president and several directors came in and the meal proceeded in order.

The opening was declared and the national anthem was performed.

“The total number of listed shares is 67,397,330, and the total number of shareholders attending the shareholders’ meeting today is 1,457.”

The ceremonial order proceeded smoothly without any interruption.

The chairman, who is the president, declared the establishment and gave a speech.

“Next, we will have a sales report.”

The financial director continued with the sales report he had prepared for me.

Recent construction industry incidents are not reflected in this business report because they occurred after the financial statements were closed.

So there was no interference.

The audit report, financial statement approval, and director approval all proceeded smoothly.

But everyone knew.

The real thing starts now.

“We will now have a question and answer session.”

I could see cold sweat running down the temples of the president who was standing on the podium.

Even the person who sent it to the IR team was nervous.

This means that they are not simply sent to gain experience.

“It’s good that you prepared.”

The team leader muttered as he looked up at the president.

I glanced at the chairman and saw several people raising their hands.

Such people were rather on the polite side.

“There was talk of stock price manipulation. What is that?”

“You did this in collaboration with the government, right?”

“Aren’t you trying to get a taste of the industry? Answer me!”

People screamed without even thinking about getting a chance to speak.

It was as expected.

The president began to muddle through like he did every year.

“It’s nonsense to say that it was stock price manipulation. It’s ridiculous… … They joined hands with the government. It seems that the decision to re-construct was made before the government announced the safety inspection, and that’s why they came to that conclusion. That’s absolutely not true. Who would decide to re-construct when there is a safety inspection in the first place? The two cases are completely separate.”

The president tried to gloss over it, but it didn’t work this year.

“Boss! I already know everything, so don’t even think about evading the truth! Gather the top 20 construction companies by market cap and tell them to come out and tell the person who gave the speech!”

“Right!”

“Who do you think you are! You know that they tried to threaten the construction companies and destroy Mirae Construction!”

“Explain!”

A friendly shareholder sitting in the front row shouted at the shareholders’ outcry.

“What are you doing now! Where did you hear such nonsense rumors that you would read in a flyer and come here to cause a scene?”

Of course, it backfired.

If a single word like that would silence everything, I wouldn’t have come in the first place.

“What? What are you? If it doesn’t matter, then get out! We want an explanation from the president!”

“First, clarify what your relationship with the government is!”

“Will you all just stay quiet? We have the right to a clear explanation!”

The boss let out a sigh.

But I thought it would only make things more exciting if we sent in security guards.

No, it was obvious that he would wait for that moment to find fault.

‘There’s nothing I can do. I just have to endure it.’

The president didn’t respond to each and every question, but simply gave vague answers.

If I talk too long here and get nitpicky, it’ll be a problem.

That was when.

“You guys got it wrong!”

A group of people sitting in the back row suddenly stood up.

There was also an older man wearing a modified hanbok.

Those who the team leader was worried about were slowly moving.

“Don’t even think about letting today pass! I am the mountain spirit of Achasan!”

The team leader ended up covering his eyes with his hands.

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