World Domination through Planet Development - Chapter 61
Only Noblemtl
Episode 61. Preparing to attack Daehyun Motors
As soon as they got off the elevator, they were met by a soldier with a gun.
Two soldiers standing on either side of the elevator entrance were staring at the group without moving an inch.
The group, startled for a moment, quickly got out of the elevator and passed between the soldiers, waiting for it to close.
And as they entered inside, a very wide space welcomed them.
It was a sky lobby. Through the glass windows of the lobby, the entire city of Kaesong could be seen.
And in front of it, someone was standing calmly drinking coffee.
It was CEO Cheon Jeong-woo.
The group and CEO Cheon Jeong-woo soon encountered each other.
“Uh… Who are you? How did you get up here?”
CEO Cheon Jeong-woo looked at me with a surprised expression, as if he was resting leisurely.
However, the group heard that they had made an appointment and came up.
While Senior Manager Jeong was flustered by this sudden situation, Executive Director Kim quickly stepped forward.
“Hello, my name is Kim Young-seok, executive director of the sales headquarters of Daehyun Oil.”
Only after seeing the experienced response of Executive Director Kim Young-seok did a smile appear on CEO Cheon Jeong-woo’s face.
“Ah~ You’re from Daehyun Oil. Come this way.”
The group sighed in relief and followed Jeong-woo. Soon, they arrived at the entrance to a room.
“I’d like to speak to Director Kim alone. Is that okay?”
The group was taken aback by Jeong-woo’s proposal, but they agreed to the request as it would not cause any problems.
“You two, wait here.”
“yes.”
As Executive Director Kim and Jeong-woo went inside, the two who were left behind just looked at each other with awkward expressions.
* * *
Jeong-woo entered a separately prepared conference room and met with Kim Young-seok.
“I’m sorry, but could you please turn off the recorder before we talk?”
Before Jungwoo could continue the story, he first mentioned what he had heard from Sarah. This matter must not be leaked to the outside world.
If necessary, we can intervene in some way, but it would be better if we never had to do that in the first place.
Leaking records would be a problem, but Jungwoo had more important matters to worry about.
The person named Kim Young-seok.
Daehyun, which was ranked first in the group rankings in the past, split into several groups.
One of them is Daehyun Heavy Industries. Although Daehyun and Daehyun still continue to cooperate, it is a completely different company from Daehyun Motors.
Therefore, since Jung-woo was targeting Daehyun Motors, it was important to have someone who would not have enemies there. And Kim Young-seok was a person who was thoroughly loyal to Daehyun Heavy Industries.
“I’m sorry. This is more of a work habit and I definitely didn’t mean to be rude. I apologize.”
“No, it’s okay. I don’t really mind either.”
“I am truly sorry.”
He seemed a little taken aback, but seemed genuinely apologetic. Perhaps he was surprised that I had pointed out exactly what was wrong with his recorder.
“Rather than that, you came here on business at Joseon General Trading Company, right?”
“Yes, that’s right.”
“I guess you didn’t know that Joseon General Trading Company is a subsidiary of our PDC.”
“Ah… I heard that they were taking over the business, but I didn’t know the specifics.”
Executive Director Kim Young-seok answered Jeong-woo’s questions appropriately.
“I think you came here to coordinate the details of the contract… First, can we mediate Daehyun Oil’s refined petroleum products?”
Before answering the question in earnest, Executive Director Kim Young-seok paused for a moment.
“… To be honest, if Arabco wants that demand, we have no choice but to comply. However, I don’t understand why you specifically chose Daehyun Oil’s refined petroleum products. Furthermore, I understand that North Korea has not yet established an overseas supply system for refined petroleum products.”
“Is there anything that can’t be done? I think we can leave the supply to Daehyun Worldbiz.”
Jungwoo laughed and responded. The content was also quite irritating.
What that means is that they are really just going to sit back and do deals just to get paid, so I can’t understand why they would make enemies all around like that.
Even if we understand, it is completely incomprehensible that the Saudi royal family would respond to that.
Executive Director Kim Young-seok’s gaze changed as if he thought it was time to make a decision.
“Or is there anything else you would like?”
Executive Director Kim Young-seok asked very carefully so as not to seem arrogant.
Certainly, Executive Director Kim Young-seok is not an ordinary person. Is it possible to ignore the experience that comes from his career?
“I can’t handle this. That’s right. In fact, I have no interest in working for a trading company.”
“Then why on earth…?”
Executive Director Kim Young-seok leaned in closer without realizing it and asked.
“What I want is a share of Daehyun Motors.”
However, Executive Director Kim Young-seok was taken aback by the completely unexpected answer that followed.
“… I’m sorry, but we are a subsidiary of Daehyun Heavy Industries. Daehyun Heavy Industries Group has absolutely no stake in Daehyun Automotive Group.”
Executive Director Kim Young-seok responded in a tone that suggested there was some misunderstanding.
Under the name of Beomdaehyeon-ga, they were somewhat united as each held their own shares, but that is not the case anymore.
Although Daehyun Motors still has a small stake in Daehyun Heavy Industries affiliates, the heavy industries have all been sold.
Jungwoo burst into laughter at the sight of Executive Director Kim Young-seok suddenly showing an immature side.
“Haha. I know that too, so just tell me. It’s not something you have to decide anyway.”
“…All right.”
Executive Director Kim Young-seok nodded slowly and answered. He guessed that it was something he did not know.
“Well, since you’ve stated your requirements, we should talk about the price, right? I think you’re probably curious about what I’ve prepared.”
“What is the price?”
The price? Actually, I wasn’t particularly curious. Why would I be curious when it wasn’t something I would receive?
I just had to listen for the report, so I gave it an appropriate tempo.
“It’s an underground resource.”
“…underground resources?”
“This time, we will fully develop North Korea’s underground resources. Not just underground resources, but also natural gas and oil. But we can’t do it alone. There are more than one or two things to consider, from mining to processing to supply chains.”
In Daehyun, resource development is currently handled by Daehyun Material, an affiliate of Daehyun Heavy Industries. Although it is a business that copied Oseong Material, it is having a hard time keeping up.
“Development worth trillions of won will begin in the future. The pie that will fall on Daehyun Heavy Industries will be large. It will be a good opportunity for Daehyun’s value in this field to rise several levels.”
This was far beyond good.
“Are you saying that you can give that opportunity to Daehyun Heavy Industries?”
“Of course.”
If he’s going to say something like that, it means he’s already received full authority over the business from the North Korean government.
“I’m sorry, but is there no chance that the North Korean government will change its decision?”
Asking such a question may seem like an expression of distrust to the other person, but it was definitely an issue that I could not help but ask.
“Don’t worry, there isn’t any at all.”
Jeong-woo answers decisively.
There was no basis for believing it, but if the other person acted like this, it was difficult to ask more questions.
“Okay, I’ll make sure to let you know.”
“Do you know who my proposal should go to?”
Jungwoo asked just in case. However, the other person was also someone who lived off of one thing: rice cake soup.
“Of course.”
* * *
Jang Dong-joo, chairman of Daehyun Heavy Industries Group, was in deep thought.
In front of him stood Executive Director Kim Young-seok with a nervous expression.
“Are you saying that you asked for shares in Daehyun Motors?”
“Yes, I definitely said that.”
Daehyun Motors’ shares….
Why did you mention the shares of Daewoo Motors, which were split a long time ago?
There is just one reason that I can guess.
The stocks of Daehyun Automobile Group are being held in the name of disguised investment companies (front companies) overseas.
There is nothing else to think about. Doesn’t the very act of making such a secret request prove it?
But even if that were true, how could he have known that and demanded it? Just guessing? Since they weren’t on good terms, I guess they’d have been slowly accumulating their shares?
Of course, it is entirely possible to think that way, but there is no crazy person out there who would demand a stake based on that guess alone.
In that case, it would be a more reasonable guess to assume that information was leaked from somewhere… .
It would have been better if the news had gone to Daehyun’s Jang Woo-seon. It seemed strange that it went to the head of the PDC, who had no relation to it at all.
Okay, let’s put aside the facts about what hasn’t been resolved and just consider the future business benefits.
First of all, participation in underground resource development. In fact, there is absolutely no reason to refuse this. It is a golden opportunity to turn around Daehyun Material, which is a sore thumb, in one fell swoop.
The stake there is worth its weight in gold? Why would I refuse it?
And what on earth will the stocks they took be used for? They obviously won’t be giving them all to Chairman Jang Woo-sun, so it’s definitely not a good thing for Daehyun Motors.
The amount of shares he currently holds privately is not enough to immediately cut Daehyun Motors in half. If it were, he would have used it before giving it to others.
But Daewoo Motor Group has one big problem.
The circular investment structure. This circular investment management structure was a major problem for Daehyun Motors. In fact, it was because of this that the company was threatened with management rights by a US hedge fund until recently.
Huh.
Chairman Jang Dong-ju found himself smiling without realizing it.
I’m already starting to get excited about how my shares will be used.
“I think Director Kim will have to work harder once more. Hehe.”
* * *
This time, fortunately, Jungwoo returned to South Korea and we were able to meet again.
Before they met face to face, Executive Director Kim Young-seok came in and turned off his recorder.
“You said you would accept the offer.”
Jungwoo already knew, but he answered without showing it.
“That’s great. Then, a North Korean resource development bid announcement will be released later. If you apply then, we will take care of posting it for you.”
“Yes, and you said that we should set a date for the stock transfer meeting in advance, so if you have any free time, please let me know.”
“What date? Any time is fine for me.”
“… How about the 7th of next month?”
Since I knew this in advance, I left the 7th of next month blank on my schedule.
“Okay. Then let’s do that.”
“Okay, our chairman has already decided on a place. Would you like to check it?”
“Yes, where is it?”
“Here it is.”
Executive Director Kim Young-seok handed me a business card from his arms.
“… … ?”
I picked up the hotel business card without even noticing it.
“The lake is 1709. The time is 3:00 p.m. Is that okay?”
“Room 1709, 3pm. Yes, that’s it.”
Jeongwoo nodded nonchalantly.
“It’s not written down separately, so you must memorize it.”
“Don’t worry. I have a good memory.”
Although Jeong-woo spoke confidently, Executive Director Kim Young-seok looked uneasy.
“Okay, I guess I’ll be going now.”
“Yes, please go in carefully.”
Executive Director Kim Young-seok bowed and left as if he had finished his work.
Fortunately, Daehyun Heavy Industries Chairman Jang Dong-joo accepted the offer.
It must have been hard to resist participating in the development of North Korea’s underground resources. In fact, I think it would be okay to just pay for the share. Did I say I bought it with my own money for nothing?
In any case, a fairly large weapon was prepared. It was the stock that Chairman Jang Dong-ju had been accumulating for nearly 20 years. It is an amount of stock that cannot be collected with the same amount of money right away.
But this still wasn’t enough.
Android sales, Zeronet telecommunications business, and currently in preparation for underground resource development and plastic recycling business.
More live ammunition will be prepared in the future.