He is Already a Tycoon at a Young Age! - Chapter 68



Only Krnovel

Episode 68

Episode 68

“Yes, that is my goal. Of course, there may be other emergencies, and GL Group may act on its own.”

“Are you sure you can win?”

“Of course. So, you can decide now. First, fire Executive Director Lee Jin-ho.”

“What if I fire Executive Director Lee Jin-ho?”

This is the chairman of Jin Kyung Group, who is immediately impressive.

“Of course I will scout.”

At my words, Chairman Jin Kyung Group looked at me as if to say, “What kind of crazy person would do such a thing when he’s still young?”

“It may be a bit odd to say this, but the greatest spoil of war is Director Lee Jin-ho. You can think of Director Lee Jin-ho’s fate as that of Seo Seo from Romance of the Three Kingdoms.”

At my words, Executive Director Lee Jin-ho stared at me intently.

“Did I tell you to stand?”

“Executive Director Lee Jin-ho, let’s play in the big water. If you report a danger and fail to detect it or ignore it, doesn’t the reporter feel a sense of guilt? I don’t think so. And if Executive Director Lee Jin-ho has been loyal to the Jin Kyung Group, he should resign for the sake of the Jin Kyung Group. Even if he refuses my scouting.”

“In short, Mr. Ji Sung is saying that he won’t let me join the Jin Kyung Group.”

“If Jinkyung Group and I were not partners, I, Samjung Group, Taean Group, GL Group, and Jinkyung Group would be enemies. It would be bad to have such a hostile group with a sharp knife that could stab me at any time.”

“ah!”

“Isn’t that absurd?”

The ability listed on the personal statement of Executive Director Lee Jin-ho, which only I can see, has two pluses on top of S. Literally, in terms of ability alone, it’s a double-full.

“This is absurd. Is it really necessary to rate me this highly?”

“Not everyone, but the businessmen in South Korea only saw the large-scale short selling that Jin Kyung Group had done, but Executive Director Lee Jin-ho saw the hidden dagger. And he reported it. I was lucky enough to be born as the grandson of the chairman of Samjung Group and was able to come to this position, but Executive Director Lee Jin-ho is here solely on his own ability. But if I were just the grandson of the chairman of Samjung Group, would I have been able to push Chairman Jin Kyung Group to this extent? I am young, but I am proud of my outstanding ability to read people.”

At my words, Managing Director Lee Jin-ho nodded at me.

“I can’t hire anyone I can’t scout. My grandfather used to say, ‘If you can’t scout someone, you’re a conglomerate.’”

At my last words, Executive Director Lee Jin-ho nodded.

“Even if it wasn’t for Chairman Jin Kyung Group, you should come to me after you resign. After all, Jin Kyung Group is the company that Managing Director Lee Jin-ho devoted his youth to.”

“I guess I can’t beat the intelligent army with words.”

“I don’t think I can win even with my management skills.”

“Why would someone who is so confident in his own management skills scout me?”

“The world is wide and there are many countries to invest in. If I manage and administer a successful company, I won’t have time to invest in more places. Mr. Lee Jin-ho, let’s play in the big water together. If what I’ve said so far has offended you, I apologize.”

“It’s unpleasant.”

“I see. If that’s true, then I guess I have to show you why I look exactly like my grandfather.”

“It’s unpleasant, but I also think of it as a turning point in my life. And I also know that the Jinkyung Group’s crisis can only be overcome if the things that Mr. Ji-sung suggested to the chairman are implemented.”

After Executive Director Lee Jin-ho spoke to me, I saw Chairman Jin Kyung of the Jin Group standing still with a dumbfounded expression.

“Every moment we spent together was an honor to me.”

“Hey, Executive Director Lee Jin-ho!”

“Ji Sung-kun has also provided me with an easy excuse to leave Jin Kyung Group. Chairman, you almost took the whole goose that lays the golden eggs, and then you could have shared it with GL Group. That has now gone down the drain. So now is the golden opportunity to take one leg of the golden goose. You probably won’t have another chance.”

“Hmm.”

“The largest shareholder of Pacific Investment Corporation has only announced that he will sell 20% of his shares on the stock market, but there are no items for sale yet. The announcement can be changed. Even if it is sold through a third-party paid-in capital increase instead of an on-stock sale, sufficient funds will be secured. I don’t think I can raise any more.”

Executive Director Lee Jin-ho bowed his head respectfully to Chairman Jin Kyung Group.

‘Today in the life of Chairman Jin Kyung Group.’

It would be the most miserable moment, but it would be the misery that would change the group from falling apart.

“I’m sorry. I lack the ability.”

After speaking to Managing Director Lee Jin-ho, Chairman Jin Kyung of the Jin Group glared at me for a split second.

“Jisung-gun.”

“Yes, Chairman.”

“What do you think? Do you feel like you’ve become a winner?”

“I feel like I crossed the line by deciding to take over a telecommunications company that I absolutely should not touch.”

“Yes, that’s right. The pride of a dying man or a man who has lost his strength should not be touched.”

“I made a mistake. But I will compensate you with huge future profits. But if you show your pride again here, I think you will really lose to me, a young person.”

This is the Chairman of Jin Kyung Group, nodding his head at my words.

“That’s right, pride is what you use when you lose by a narrow margin. You lost cleanly and perfectly. Even from my perspective, you’re still young, so you’re scary. I should say that we’re on different levels. How can I win when we’re on different levels? Losing to someone you can’t win against isn’t considered losing. Okay. I’ll accept all offers.”

“thank you.”

“Haha, the most absurd thing now is the GL Group.”

“Yes, it will.”

“But why are you pushing the GL Group so hard?”

“You know the relationship between Samjung Group and GL Group.”

“That’s right, if it’s not poisonous, it’s not a conglomerate.”

“I’ll see you next time with a smile.”

After greeting, I left the Jinkyung Group Chairman’s office.

Of course, former Managing Director Lee Jin-ho followed me out.

* * *

In front of the Jinkyung Group building.

“Mr. Ji-seong, you told me to stand?”

“Yes, I was presumptuous. I’m sorry.”

“Then, is Mr. Ji-seong the first?”

“As you can see, I am not the type to be a good person. Chairman Lee Jin-ho, please come to me as a ‘standing’ person and become a good person. He is not a hero in the novel Romance of the Three Kingdoms, but a good person in the historical Romance of the Three Kingdoms, who is a master of management and administration.”

“I’m the chairman?”

“I told you, now the Taean Group will be born.”

If I had not known Chairman Lee Jin-ho, I would have appointed either Taean Communications President Kang Cheol-jung or my great-uncle, Taean Electronics President Park Sun, as the professional manager of Taean Group.

But once you’ve identified the right person, you have to put that person in that position.

“Wow, you’re unconventional in every way.”

“Yes, disruption creates a new era.”

I smiled as I looked at Lee Jin-ho, the prospective chairman of Taean Group.

* * *

The next day, in the office of the Young Business Group CEO in the capital of Bangladesh.

“We will acquire both aircraft carriers for $1 billion.”

With the approval of the Chinese President, the president of a Chinese national trading company, under the direction of the Commander-in-Chief of the Chinese Navy, came to see President Park Hyuk of Young Industrial Company and spoke bluntly.

“Really?”

“Yes. You are an amazing person for a Korean to have made more than 100 times the profit with less than 10 million dollars.”

When Park Hyuk-young, the president of the Chinese company, heard the words, he naturally thought of Ji-seong.

[If we can’t protect two aircraft carriers, we have to sell them even if it’s expensive.]

‘Jisung is definitely amazing.’

And he also thought that he had wrapped his whole body in a golden rope.

[Please grow Young Ingipsa greatly. I will establish Taean Group, but Young Ingipsa will be a separate legal entity.]

[What does it mean?]

[My maternal family may not be able to stand tall in the South Korean business world right now, but it might be different in Bangladesh.]

[Is this consideration?]

[No, it’s an investment. Even if Young Independence later becomes Young Group, it will still be my largest shareholder until the very end.]

“You say this because you haven’t seen a Korean with truly incredible abilities.”

“yes?”

“I initially offered $1 billion, and you accepted that $1 billion, so you have to hand over two aircraft carriers. But.”

“You said you would acquire it for 1 billion dollars, but are there any other conditions?”

“I am not so petty as to attach additional conditions.”

“But why?”

“A fire suddenly broke out inside the aircraft carrier just now. It spread rapidly after sparks from a welding machine during dismantling work.”

“What did you say?”

“All the internal electronic equipment was burned. If you still want to buy it, I’ll sell it to you.”

The Chinese president glared at Young In-jae’s words.

“What should I do? I made a mistake because I was thinking of dismantling two aircraft carriers and selling them for scrap metal.”

“Hmm.”

“You can break the contract.”

“No, but I’ll buy it anyway.”

Young Industrial CEO Park Hyuk nodded at the Chinese CEO’s words.

“You can discuss the details with the practitioner. We will hand over the business as soon as the sales contract is drawn up and the acquisition funds are confirmed to have been deposited.”

“Let’s do that.”

After the Chinese president got up from his seat, he immediately left the office of Young Business President Park Hyuk.

President Park Hyuk immediately picked up the phone and called a Bangladeshi ship-breaking company.

-Yes, sir.

“Set fire to the control rooms of the two aircraft carriers anchored at the dismantling dock and destroy all electronic equipment.”

-yes?

“It was sold. To China. You can’t send it in that condition, right?”

-Oh, yes. I have some dynamite stored in the warehouse.

“Good. Make sure to destroy the control room.”

This was President Park Hyuk’s patriotism.

-Yes, I understand.

Stop!

The call is over.

President Park Hyuk nodded.

‘Even a person of intelligence would understand this much.’

In any case, the two aircraft carriers that Park Hyuk-young, the president of Industrial Complex, successfully purchased under Ji-seong’s instructions were sold to China at a price 100 times higher.

* * *

GL Group Chairman’s Office.

“What is this?”

The GL Group chairman shouted.

“Jin Kyung Group unilaterally notified us that it was canceling the establishment of the joint venture. It also announced that it was giving up on the privatization project of Korea Telecom’s mobile communications division.”

“So, why all of a sudden?”

“and.”

“And what?”

“Taean Telecom’s major shareholder list was updated today.”

“Why is that?”

“Jin Kyung Group Chairman is registered as the second largest shareholder of Taean Telecommunications and owns 10% of the shares.”

“What are you talking about? Huh, this is what happened? I’m getting stabbed in the back of the head again?”

He was the chairman of GL Group, so angry that he couldn’t help but get angry.

“Chief Secretary.”

“Yes, Chairman.”

“Notify the group’s public relations department and announce that GL Group will be the sole participant in the privatization of the Korea Mobile Telecommunications division. Now, we have to see it through.”

“Mr. Chairman, absolutely not.”

“What’s wrong?”

“Jin Kyung Group had about 700 billion won in funds for the acquisition. Now, all of that 700 billion won has been transferred to Taean Telecom. In addition, Taean Telecom will have acquired funds that are at least as much as Jin Kyung Group. They can’t win in acquisition funds.”

“What the hell!”

“You must be patient. Now is the time to be patient.”

Ring ring, ring ring!

At that moment, the phone on the GL Group Chairman’s desk rang loudly, and the GL Group Chairman instinctively remembered who was calling and frowned.

“Whew!”

After a long sigh, I picked up the phone.

-Kuga, what are you doing? Jinkyung Group really hit the back of your head.

As expected, the person who called was the chairman of Samjeong Group.

“This is why they don’t do joint ventures.”

-Let’s have dinner together. Hahaha! I’ll buy today. We’re still hometown friends.

“I get it.”

Stop!

The GL Group Chairman hung up the phone and looked at his chief secretary, who seemed to really not understand why he had decided to have dinner with the Samjung Group Chairman under these circumstances.

‘Are the chaebols crazy?’

They won’t be ordinary people.

“Chief Secretary.”

“Yes, Chairman.”

“President of GL Electronics.”

“yes.”

“US GL, appointed as electronic branch manager.”

“Mr. Chairman.”

“I am giving the order.”

“Yes, I understand.”

In the end, the eldest son of GL Group and the president of GL Electronics was demoted just as Samjung Group Chairman and Ji Sung wanted.

He was also pushed out by the successor of the GL Group.

“If you put a guy who has never won a single game in the chairman’s seat, you will never be able to win at Samjung Group.”

* * *