The Highest Level Son of a Chaebol Family - Chapter 262



Only Noblemtl

I clicked my tongue.

“Why? Isn’t that the basic principle of mergers and acquisitions in this world?”

I counted on my fingers on purpose.

Threatening, fabricating, inciting, pressuring, beating, and dividing.

“It may sound a bit harsh, but it’s not really a problem.”

Why was I called the ant hell of Sillim-dong?

Choose a company to invest in, grow it through M&A, resell it for a large profit, and then invest the money accumulated in the company again to grow it.

That was the secret to how I became one of the five biggest names in South Korea’s underground financial world.

“How many subsidiaries has Taesung acquired so far? You say there are more subsidiaries through mergers and acquisitions than the companies that your grandfather personally founded?”

I looked back at my grandfather and the presidents of the affiliated companies.

They were all first-class contributors who made outstanding contributions to increasing Taesung’s affiliates.

“Have you ever had an experience where media play was the reason for negotiations being unfavorable during mergers and acquisitions?”

“There are many.”

“What is media play? It’s another name for fabrication, incitement, pressure, and division. Am I wrong?”

“Your Majesty, what you say is correct.”

I looked back at my grandfather.

“When I negotiated with the President, when I stormed into Woo Kwang’s headquarters and finalized the merger and acquisition, what would have happened if I hadn’t properly pressured, threatened, and beaten them?”

“Ahem!”

“Maybe Taesung just had to suck his thumb and wait for the takeover process to be completed. Or not?”

“Khuh-hum!”

Even though the president made the decision, the grandfather approved it, and Woo-kwang accepted it.

They held on for dear life, using every dirty, deadly, and shabby method possible.

Because it was a matter of profit.

Because you probably didn’t want to suffer any loss.

Because we have no way to enforce it.

The more I thought about it, the more a rotten laugh came out.

“When you buy something new, you bring it in at a high price with a premium, but the moment it comes up on the market as a used item, it becomes a dirt-cheap price. How to bring that dirt-cheap price down to dirt cheap is the immediate task at hand, and isn’t that the standard for distinguishing between competence and incompetence?”

Whether it’s a pawn shop, a used car market, or an M&A market.

If you look at it, the structure that goes around is the same, right?

I’m someone who’s been rolling around on that floor my whole life.

“In that case, how can you be honest and upright? That’s similar to saying you’re going to be a fool. So I’ll learn about that in ethics and morals class, not in business class.”

Even the rotten smile was wiped away.

I was serious.

“But you can’t drag the Chairman of Wookwang Group to Cheonggyesan and have a one-on-one meeting with him, right?”

If it’s the back alley world, that’s the norm.

It’s like this because I’m out in the open air!

Media play, coercion and influence, money crap!

When everyone is making the base rice, they do this much, right?

How could anything be more wholesome, neat and hassle-free than this?

“Woogwang Construction is in a position that is most disadvantaged due to the construction stock wave that has already come, the government’s expected media play, and the collapse of construction stocks. Is there any reason for us to look after Woogwang Construction, which has become prey?”

Survival of the fittest and winner takes all!

It was a common truth in this world that eating and being eaten was natural for money.

“I’ll use everything I can, and mobilize everything I can! I plan on eating up Wookwang Construction.”

I raised my index finger.

“The goal is simple. This is a golden opportunity for Taesung Construction to establish itself as the best construction company in the country!”

I said it bluntly.

“If you don’t like it, don’t do it. But if you intend to teach me to be a fool by talking about justice and market order, I will politely decline in advance.”

I’ve said everything I wanted to say.

I often walked over and plopped down on the children’s sofa that had been set aside for them.

Clap. Clap. Clap. Clap.

Taesung Electronics CEO Min clapped slowly with an expression of admiration.

“As expected. Excellent. You really learned from CEO Shim.”

Taesung Hotel CEO Hwang also nodded with a pleased expression and agreed.

“This is a very desirable attitude for a manager. If you only consider morality and justice in this world, you will end up sucking your thumb and starving to death.”

President Shim laughed loudly.

“Look at that, Mr. Yoon. What did I say? I said you were someone who could steamroll most executives.”

“Eight! Okay, take it! Thirty thousand won!”

Taesung Energy CEO Yoon nervously opened his wallet and stuffed thirty thousand won into CEO Shim’s suit pocket.

Then, as if he couldn’t stop himself, he shook his head and then snickered.

“I couldn’t believe it at all because President Shim kept praising me so much, spitting nonsense. Hehe, but somehow, even though my wallet was completely empty, I don’t feel too bad about it.”

Taesung Electronics CEO Min looked back at his grandfather.

“What do you think, Chairman? Shouldn’t you seriously consider the merger and acquisition of Wookwang Construction?”

Father also added a word.

“Woogwang Construction is already undervalued in the stock market. If it falls to the bottom, there is nothing left to look at. We have to grab it. I can’t guarantee that Taesung Construction will have another good opportunity like this.”

Grandfather finally nodded heavily.

“Okay! Let’s go!”

Ah, that comment!

It was something I promised myself that I would do someday!

This time, Grandpa did it first!

I felt a pang of regret.

“Grandpa, one more.”

“What is it?”

“To make this work, we need to oil it beforehand.”

Oil applied in advance works best.

“To whom? To His Excellency the President?”

“Are you someone who is already nervous due to the presidential election, backlash against real estate regulations, and the construction stock crisis? Is there anything that could lead to you being arrested for collusion between politics and business right now?”

I smiled brightly.

“If you want to shake a general, you have to shoot his horse.”

“Oh my!”

Grandpa slammed his fist into his palm.

“If there’s a close aide who can discuss economic issues, it’s the Chief of Staff to the President!”

“No, that’s not it?”

You got it wrong!

There is a suitable person for the job.

“Then the Chief of Security at the Blue House?”

A series of false starts?

“Then the Chief of Economic Affairs at the Blue House? The Minister of Home Affairs, no, the Minister of Finance?”

“······.”

“Since it’s something to do with construction, the Minister of Construction······, that doesn’t seem right. Then the Minister of Commerce, Industry and Energy?”

“······grandfather?”

“Hmm, surely it’s not the leader of the ruling party? Is this something that needs to go all the way to the National Assembly?”

“Just a minute. Wait a minute!”

I asked point blank.

“I’m asking just in case. Are you joking and trying to lighten the mood?”

“······.”

No, why is the atmosphere like this all of a sudden?

Where have all the affiliate company presidents gone who were so confident in everything?

Why does everyone start coughing and staring into space with trembling pupils?

Even my father and CEO Shim pretended not to know.

Suddenly, I realized something new and sighed inwardly.

‘They say that Taesung is good at technology and is good at business, but he is terrible at politics. His closest aides gathered here are no exception!’

Wow!

I decided to speak frankly.

“You should go to the chief of police.”

“Chief of Staff?”

“The head of the central government?”

“The construction stock market crash? What on earth does it have to do with it?”

They all had question marks on their faces.

I decided to build a bridge step by step.

“What is the reason why the former head of the Central Intelligence Agency was dismissed and the current head of the Central Intelligence Agency was appointed?”

“It was to persuade Kim Hyung-won, who was the 4th Vice Minister of the Interior, to close the Korea Gate.”

“Then why must the Chief of Staff complete that mission?”

“Because Kim Hyung-won ran off with the president’s slush fund. They said it was a huge amount of money.”

“Then the question is! Was it possible for the Central Intelligence Agency to retrieve the slush funds from Kim Hyung-won?”

“······!”

Taesung Hotel CEO Hwang opened his mouth.

“It is said that because Kim Hyung-won kept talking nonsense and ended up dying in vain, not a single penny of the slush funds he had been carrying around was recovered.”

“Then, is there a need for the President to keep the head of the Central Intelligence Agency, who is dead and has not recovered even a single penny of the slush fund, in his current position?”

“ah······!”

What is the reason that the current head of the Central Intelligence Agency has suddenly risen to become one of the most powerful figures in this country?

That’s because the position of Chief of Staff is a very important position that holds real power.

It was used as the president’s secret sword, the cradle of political maneuvering, and a window for securing political funds.

“The chief of staff will not want to step down from his position now. To do that, he must clearly demonstrate to the president that he is useful.”

Taesung Electronics CEO Min slapped his knee.

“Securing political funds due to the construction stock wave that the master mentioned earlier!”

“Yes. It will be a golden opportunity for the Chief of Staff to make up for his mistakes and gain the President’s favor and recognition.”

Taesung Energy CEO Yoon succeeded Taesung Electronics CEO Min.

“The owner of the Blue House is taming the conglomerates!”

“When it comes to holding conglomerates accountable for the disruption of the stock market, the only place where you can exert both physical threats and real pressure is in the courts.”

That’s why the central government was called the president’s sword.

Those who are dragged into the courtyard?

Even the wealthy and powerful are no exception.

“Grandpa, you just need to meet with the Chief of the Central Government and give him a little hint on how to correct his mistake.”

I smiled brightly.

“We can only suggest solutions, and the decision on whether to implement them is up to you. It wouldn’t be a bad idea to add one more debt to the head of the central government while we’re at it.”

The prime minister is currently the president’s closest confidant and one of the five most powerful people in the country.

“Trust grows from the sincerity that goes back and forth! The Chief of Staff will not be able to ignore the sincerity that Taesung has shown so far.”

This is a win-win deal.

“Mr. Chairman.”

Taesung Electronics CEO Min turned his head and looked at his grandfather.

The same was true for Taesung Hotel CEO Hwang, Taesung Energy CEO Yoon, CEO Shim, and his father.

Subtle urging from those close to him to make a decision.

Finally, the grandfather raised both hands.

“good night!”

It was a hearty voice.

“Leave that to me! I’ll have to treat the Chief of Staff to a nice dinner after a long time!”

Okay, pass.

“Grandpa, but there’s one more important question left.”

“Hmm.”

“Who will be appointed as the president of Taesung Construction?”

It was a position that became vacant when his father, who was the president of Taesung Construction, was appointed vice president of the group.

“As expected. You are amazing.”

The eyes of Taesung Electronics CEO Min looking at me became strange.

Anticipation and joy, surprise and admiration shone together.

“It seems the Chairman wasn’t rushing the succession for nothing.”

Taesung Hotel CEO Hwang laughed heartily and gave a thumbs up.

“No, how did you know the real reason we gathered here?”

Taesung Energy CEO Yoon covered his face with one hand and exclaimed, “Oh my god!”

The reason was here.

“Look at that, Mr. Yoon. What did I say?”

“Another thirty thousand won!”

“Hoo hoo hoo.”

“You really are tearing it apart so savagely. Phew!”

Taesung Energy CEO Yoon shook his head as if he couldn’t stop himself.

The eyes looking at me were filled with curiosity.

“This is truly outrageous. How could a young master who is only eight years old······.”

“Look at that, Mr. Yoon. What did I say?”

“Oh, come on! Let’s just take a little bit of that! We didn’t make a separate bet on this, did we?”

“Who said what?”

Mr. Shim shrugged his shoulders very arrogantly.

“I just said that when I watch our Master Jeong-hyeok, the words ‘a ghost would cry’ just come out naturally. Is that all I mean?”

“Ah, what the heck is this… Ugh?”

President Shim smiled brightly and put a pack of health supplements in his mouth.

“What are you going to do by raising your blood pressure unnecessarily? Instead of that, try taking a pack of health supplements.”

“Huh?”

“You should die naturally. You should avoid death from overwork and sudden death. Don’t leave a single drop behind, suck it up. It’s good for your body.”

“Hey, Mr. Shim.”

“If you still don’t believe me, shall we make another bet?”

“I guess it’s a top-quality health supplement? Ouch, it’s bitter! It looks really bitter, so it must be good for your health.”

Taesung Energy CEO Yoon pretended not to notice and began to suck up the medicine quietly.

This is despite his reputation as the most caustic person in the Taesung Group.

President Shim quickly handed out the health supplement packs.

President Shim approached the old man with the face of a salesman and slyly handed him some medicine and a brief message.

“Mr. Chairman, do you have any special greetings planned for you?”

“grandfather!”

I raised my hand.

“Can I make a recommendation?”

The position of president of Taesung Construction is not an ordinary position.

It is a place that needs to grow into one of Taesung’s core affiliates, with a significant role slated for at least 10 years.

So, someone who is capable and loyal enough to somehow use power to their advantage without spilling the dirty water of politics onto the company should be in that position.

There is a suitable person for the job.

“Recommendation? Who?”

“Secretary Kim Young-geol.”

End

ⓒ Osorok

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