The Highest Level Son of a Chaebol Family - Chapter 381



Only Noblemtl

381. One sheet is enough

I left my father behind and tried to enter the room next door that I had prepared in advance.

But my father grabbed my arm.

“Okay. Leave this to Dad.”

It was unexpected.

I didn’t tell my father what happened next.

Because I planned to handle it myself.

“What are you going to do?”

“We need to present our position and buy Yukong’s shares.”

Is this a standard negotiation procedure?

That’s not the point.

“How much of Yukong’s stock do you own?”

“If you add in the friendly shares of several banks, along with what His Excellency the President and the Minister of Finance have provided… … it comes to around 37%.”

Can you take that?

They say that they own 50% of Yukong’s shares.

It meant that they had already lost the fight for shares.

“Then what about Gulf shares?”

“If you collect it in the same way, it would probably be… 4~5%?”

oh my god.

Are you saying there is no solution?

I looked up at my father in shock.

“Isn’t there any choice?”

“I know, Dad. But what can I do?”

It was a face filled with determination to fulfill the responsibilities assigned to him.

“Sometimes a man has to fight a battle he can’t back down from.”

I suddenly realized something when I saw my father’s face.

It wasn’t my father who was greedy for Yugong, but my grandfather and I.

It was the President and I who pushed our will upon my father.

“I plan to do my best to persuade you as much as I can.”

I pushed him to come and get the prize by handing him a note.

The president pressured them to bring in less than $200 million.

‘I can’t believe I forced something on someone who had no desire, no will, and no plan. My father must have been in a really awkward position.’

Now I feel sorry for no reason.

That’s why I was more grateful.

Instead of shouting ‘No!’ at his young son’s words, the father readily said ‘Okay!’ without asking any questions.

That must not have been easy.

“How long do you think about it?”

“Well, I’d like to try to keep it under $200 million if possible. It probably won’t be easy though.”

I glanced at the VIP room door that my father had opened and come out of.

“Do you have the money for that?”

“I have already asked for Your Majesty’s understanding regarding that. I intend to invest the money I earned in the Middle East.”

That money was a slush fund that I had specially negotiated with the President and embezzled tax-free.

“I thought that was Dad’s job.”

Now that you’ve been promoted to the position of Vice Chairman of Taesung Group, you’ll have a lot of money to spend on everything from above to below.

It often takes a lot of money to keep things well-oiled, maintain dignity, and cook the people you need.

That’s why I took care of it on purpose.

“This is an emergency fund that I’ve been saving up for times like this. I think it’s more valuable than using it for other things.”

Father smiled broadly.

“Dad, I’ve always thought that I would use this money to buy a present for Jeong-hyeok. I heard you even got a memorandum from Grandpa a long time ago?”

My father’s laughter was as soft as a spring day.

“If you want to become the largest shareholder of Taesung Group, with your own shares, your own company, and with your own money, without being subject to the control of others.”

Wait a minute! Wait a minute!

Dad, right now… … !

“Invest in establishing a bank through an investment company, and take over Korea National Oil Corporation with the bank’s investment. I heard that’s our Jeonghyeok’s goal.”

I’m sure I said that.

Even now, that thought remains unchanged.

“Why doesn’t Dad know? He was already prepared that Gulf would not readily hand it over at its fair price, and that bank investment alone would not be enough.”

For a moment, I looked up at my father blankly.

My heart fluttered slightly at the sight of that calmly speaking face.

“Your dream is your father’s dream.”

Father smiled broadly.

“I want to help you achieve your dream, too.”

It was the first time my father had ever said the word dream.

So my stomach started to rumble even more.

My father’s face looked stern.

“Jeonghyeok, this is an adult matter. So, you wait here with your grandfather.”

I held onto my father’s clothes tightly.

“Gulf Sa will not back down. The deterioration of management is quite serious.”

Gulf states cannot withstand the current crisis.

The financial deficit, which was already at a dangerous level, grew like a snowball due to the successive oil shocks.

It was not long before it was acquired by a Rockefeller-affiliated oil company.

“Dad knows too.”

Anyone know that?

“Then you know that Gulf Saga is turning a blind eye to money, money?”

“What company would really want to fail?”

That meant he knew that too.

“If we talk, we will surely find some things to agree on through compromise.”

If only that were the case.

I know very well how people behave when they are pushed to the edge.

It was a very common occurrence in the back alley world.

Even people who normally have a kind face turn pale when they reach a dead end.

“The other person is deliberately causing trouble. The reason is obvious.”

Gulf states’ actions like that are also part of their negotiation strategies.

Because I wanted to create a situation that was advantageous to me.

“They are pushing forward with their power, using their existing shares as leverage. This means there is no need for dialogue.”

“There’s nothing we can do about it. That’s the rule in this world.”

“It doesn’t take sincerity to break rules. It takes strength.”

I looked straight up at my father.

“Dad’s sincerity won’t get through.”

Sincerity is something that is only possible when you have the time.

“You won’t know until you try. After all, a company is made up of people.”

“The other person’s life is at stake. Are you as desperate as they are?”

“… … .”

My father couldn’t refute it.

“The other party decided to throw away all their pride and dignity and come out recklessly. Why? Because the company is really going to fail. Dad, you too?”

“Dad… … .”

“If that doesn’t work out, will you kneel down?”

“… … .”

I read the sincerity in the look of surprise.

Was that father’s final resolution?

“I can’t do this for my own sake. That would upset me too much.”

“… … .”

My father scratched his cheek with an embarrassed look on his face.

“Then what should Dad do?”

“Leave it to me.”

Because it’s a baton touch.

I pointed my thumb over my shoulder.

“First of all, Mr. Shim is sitting inside there.”

“okay?”

My father’s expression sparkled with hope.

After all, President Shim was a management genius and had a reputation as a master negotiator.

“And the smuggling king and the old man from Myeongdong Songgolmae are also joining us later.”

“oh!”

Instead of worry and concern, anticipation and excitement began to grow.

“If necessary, I will also ask for help from the Chief of Staff to the President and the Director of the Central Intelligence Agency.”

“iced coffee!”

Now, he has the face of a thousand soldiers.

I drove a wedge in.

“Besides, we invited a special guest just for today.”

“A particularly distinguished guest?”

“This is him.”

I held up the business card on my finger.

It was a luxurious business card with gold letters on a black background.

My father opened his mouth wide as soon as he saw the name on the business card.

“Warren Buffer?”

bingo.

“If you receive an invitation, it is your duty to return the invitation.”

Warren Buffer gave me his business card and invited me to the shareholders’ meeting in May.

The year-end party hosted by Taesung was earlier than that, so I invited myself too!

“You said you would come running right away when you heard Gulf News?”

Berkshire Hathaway is also a major shareholder in Gulf.

I winked one eye.

“Now is the time to take what needs to be taken, organize what needs to be organized, tear down what needs to be taken down, and go together with what needs to go together.”

“… … !”

My father’s mouth opened wide.

It was a face that looked like it had a lot to ask.

Now was not the time to leisurely ask and answer questions.

Bam!

The VIP room where the president is was opened very rudely.

The Gulf negotiating team glared at us with displeasure.

“It’s ridiculous. I don’t even know who is A and who is B, and where do I send people?”

bang!

The Gulf negotiator kicked the room door nervously.

The door closed with a loud bang.

The reaction was immediate.

The road door opened nervously and the head of the Blue House security service jumped out.

“Where are you?

“What can we do about the poorly installed doors? The government should not interfere in private enterprise negotiations!”

“her?”

It was when the chief of security at the Blue House was about to shout.

The President’s voice came out shrilly from inside the room.

“Close the door and come in!”

“Consider yourself lucky, you little punks.”

The chief of security at the Blue House scrunched up his face, glared at me with a murderous look in his eyes.

“Be careful on the road at night. Accidents happen when you have no sense of shame.”

bang!

The chief of security at the Blue House also slammed the door shut with equal force, making a loud noise.

The eyes of the Blue House security guards stationed in front of the elevator turned cold.

The way he muttered softly while turning on the radio seemed ominous.

The Gulf negotiator crossed his arms.

“Yeah, let’s talk on the street?”

No way.

I smiled and pointed to the room next door.

“I’m inside.”

“Tch!”

The Gulf negotiator walked ahead with steady steps.

The Gulf people followed suit.

He had a confident expression, a mocking air, and an overbearing attitude.

Bam!

As the door opened, President Shim, who had been typing at a breakneck pace, raised his head.

“If you’re here, please sit down.”

Tata, tata, tata.

He gave the instructions in a calm tone, still typing on the typewriter.

The Gulf chief negotiator pursed his lips.

“I thought you were going to invite hot girls and have them sit down in a separate room, but this is neither fun nor touching.”

“You didn’t come here to be treated to a drink, did you?”

Tata, tata, tata.

“Okay, shall we take a look at the acquisition contract you prepared?”

“We’re still a long way from stamping the contract!”

dump.

The Gulf negotiator, with both hands in his suit pockets, rested his chin on the table with his shoes and chuckled.

“Is it urgent to get the billion dollars or to write the contract?”

“Oh, you haven’t experienced our master yet.”

Tata-tata-tak.

Mr. Shim replied in a calm tone, still typing busily on his typewriter.

“It only takes 30 seconds to stamp a seal, but it takes 30 minutes to write a contract.”

President Shim finished typing the last word neatly and took the paper out of the typewriter.

I pouted my lips as I sat down next to CEO Shim.

“I would have said one would be enough.”

“If you just write down the basics, you’ll get 18 pages.”

President Shim smiled awkwardly.

“How do you get a $50 million contract done in one piece of paper?”

“What? 50 million dollars?”

The Gulf negotiating team leader looked at me and President Shim with bewildered eyes.

“You didn’t misuse the $500 million, did you?”

I spread my fingers as if I was looking at something.

“Fifty million dollars. Seven zeros!”

“I’m asking just in case, but what percentage of Yukong’s shares are you willing to buy for $50 million?”

“50% of the total. I calculated it at the limited price.”

“her?”

I quickly pushed forward the contract regarding the acquisition of Yukong’s shares that President Shim had written.

“By the way, if you don’t stamp it now, I plan on cutting it down to half price next time.”

“What a never-ending rant.”

The Gulf chief negotiator laughed heartily with a face that said, “I’m so happy.”

Then the Gulf people also burst into laughter and grabbed their bellies.

“Wow, I’m going crazy. You want me to give you 50% of Yukong’s shares for 50 million dollars? Aren’t you just thieves?”

“Then I’ll even cut it to half price next time!”

“Hahaha, this is seriously hilarious! Now that I look at it, Korean humor is amazing.”

“It’s funny to see a kid sitting at the table negotiating a billion dollar deal!”

He laughed like that for a while.

The Gulf chief negotiator held up the acquisition contract, baring his gums.

“A billion dollars! I said I wouldn’t give you a penny less.”

The Gulf negotiator tore the contract in half as if he was trying to show off.

President Shim screamed when he saw that sight.

“Eww! This is 18!”

The 18-page contract that President Shim had said took 30 minutes to create was torn to pieces and scattered into the air.

The scraps of paper scattered like flower petals fluttered and settled on the floor.

I clicked my tongue.

“I said one sheet would be enough.”

I knew it!