The Highest Level Son of a Chaebol Family - Chapter 383



Only Krnovel

383. Is it still a billion dollars?

One of the Gulf people tilted his head.

“Nakamura Real Estate? I’ve heard a lot about it… … .”

Someone else burst into amazement.

“Wait a minute! Isn’t this supposedly the most famous real estate company in Japan?”

The heads of the Gulf people all turned in that direction.

The same was true for the Gulf negotiating team leader.

“Tell me everything you know. Anything, anything you remember.”

“This is a company that has recently been criticized for single-handedly driving up land prices in Tokyo!”

“Ah! I heard that you own a huge number of buildings in the middle of downtown Tokyo, Japan!”

The Gulf chief negotiator quickly silenced them.

“Shh. Speak quietly! Don’t show that you’re agitated.”

Everyone shut their mouths at the murderous gaze.

They began to whisper among themselves, barely audible.

‘What are you talking about? I can’t hear you!’

There’s nothing I can do.

Exactly!

I snapped my fingers.

The grim reaper rose like smoke.

‘Listen to what I’m saying.’

[Okay. Leave it to me. Let’s go!]

As the grim reaper approached, the quiet whispers between us became clearly audible.

“Rumor has it that Chairman Nakamura of Real Estate is a very wealthy man.”

“I heard that Chairman Nakamura Real Estate recently retired and handed over his position to his successor.”

“It is rumored that in the process, there are 120,000 pyeong of land in Tokyo and 4,000 buildings that have been pledged as collateral to banks.”

Words spoken by many people had different powers.

“oh my god!”

“How much is all that?”

“These days, real estate in Japan, especially in Tokyo, is incredibly expensive.”

Jokes like “Selling the Japanese Imperial Palace grounds to buy California” were also openly circulated in the United States.

“There is talk that all the liquid funds earned by Japanese companies are flowing into Nakamura Real Estate.”

The faces of the Gulf negotiators became serious.

“I don’t know, but Nakamura Real Estate Company must have an astronomical amount of money.”

The Gulf negotiator’s expression hardened.

“Is this credible information or just a rumor floating around Wall Street?”

“There was an incident that was broadcast live around the world on the American CNM broadcast.”

“The leader of the Japanese Socialist Party held an emergency press conference regarding the rental contract of Nakamura Real Estate.”

“After the press conference, the approval rating for Japan’s Socialist Party rose significantly, and it won a big victory in the last general election, right?”

The Gulf chief negotiator swallowed a groan.

“It seems like the credibility is certain.”

The Gulf chief negotiator pressed his temples as if he had a headache.

I was glancing at the documents regarding Nakamura Real Estate’s Gulf shares spread out on the table.

“That’s good information. If we do it right, we might get a thousand troops.”

The Gulf negotiator chuckled.

The Gulf people were puzzled.

“Isn’t the current situation overwhelmingly unfavorable for us?”

“Isn’t that Nakamura Real Estate that raised their hand, not ours?”

“Nakamura Real Estate owns a whopping 9.7% of Gulf’s shares!”

“So we need to persuade them to come to our side as soon as possible.”

The Gulf chief negotiator smiled meaningfully.

widely.

The Gulf chief negotiator put both feet back on the table.

“This is an interesting situation.”

He nodded along with the tip of his shoes.

“In this situation, does it seem like Nakamura Real Estate is intentionally shaking the bait just for me?”

President Shim tilted his head.

“Are you shaking the bait?”

“You’ve made your presence felt in a very effective way, haven’t you?”

It’s not like I sold the shares, it’s a delegation.

“There is definitely room for negotiation.”

The Gulf chief negotiator smiled broadly.

“Anyone who is the head of a company like that would be more thorough in calculating profits and losses. They would have already calculated which of the two would be a better business partner. Your company and ours have different sales and asset sizes.”

A look of anticipation appeared on the face of the Gulf negotiating team leader.

“Is there a need for Nakamura Real Estate to have its eyes on Yukong? Putting aside the Japanese oil companies that are popular?”

The voice of the Gulf negotiator became more reserved.

“So I can’t help but think this way. Nakamura Real Estate tried to contact us, Gulf Company, in this kind of secret way. What do you think?”

The people of Gulf burst into cheers.

“If we can raise funds from Nakamura Real Estate this time… …!”

The Gulf negotiating team leader also smiled happily.

“This dire financial crisis can be resolved in one fell swoop.”

“Attract investment!”

“What a dramatic appearance. Like a hero appearing at a moment of crisis.”

The Gulf people slapped their knees.

“With the massive cash from Nakamura Real Estate, most problems can be easily solved!”

The voices of us whispering among ourselves were very excited.

“The difficulties of developing oil fields in Kuwait Bay!”

“The damage caused by the opening of the Suez Canal!”

“The decision of the US and Western banks to withhold investment!

“Also, agenda items regarding responsibility and dismissal at the general shareholders’ meeting!”

The Gulf chief negotiator nodded.

“The development of Kuwait’s oil fields is nearing its end. If we can find just one oil field, we can definitely make a comeback!”

“you’re right!”

Everyone nodded with solemn expressions.

“Then let’s wrap things up here.”

“yes.”

“I’m taking a flight to Japan today. I have to hurry if I want to meet the investor as soon as possible.”

“yes!”

Everyone nodded with meaningful expressions.

It was unanimous.

After confirming the intentions of his colleagues, the Gulf negotiation team leader arrogantly tossed out the Nakamura Real Estate stock documents.

“This is an important fact, so let’s meet and talk to the representative of Nakamura Real Estate to confirm it.”

“Huh?”

Whether President Shim laughs or not.

“Then we’ve finished checking each other’s positions, so we’re going to take our leave now.”

The Gulf chief negotiator stood up from his seat without hesitation.

“If you want to buy it for $1 billion, buy it. If you don’t, don’t. There will be no more compromises.”

The Gulf people also got up and walked out with brisk strides.

These people really have a short temper.

“Even if you go, wouldn’t it be better to check this before you go?”

“Is there anything left to check?”

“If you don’t like it, you can check it at the general shareholders meeting.”

“Sheesh!”

If it is information that will be dealt with at the general shareholders’ meeting, it is right to check it when possible.

Knowing your opponent’s cards will give you an advantage in responding.

dump.

The Gulf negotiator, seated at his desk, frowned and checked his watch.

“Keep it short. I don’t have time.”

“This is a proxy statement regarding the 15.5% stake in Gulf Holdings held by American banks.”

“what?”

The Gulf people opened their eyes wide.

“No way!”

President Shim had just taken an envelope of documents out of his briefcase.

The Gulf negotiator snatched up the envelope of documents like an eagle.

“Bank of Citi, JPP Morgan, Bank of America, Goldman Sachs?”

As envelopes of documents came out one after another from President Shim’s briefcase.

The hands of the Gulf negotiating team leader who was trying to catch it also became busy.

“US Banks, Wells Fargo Company, Morgan Stanley, Capital Bank!”

“W, that’s ridiculous… … !”

The hands of the Gulf workers who were handing over the proxy statements of the American banks were trembling.

The eyes looking up at the Gulf negotiating team leader were also trembling.

“Almost all of the Gulf’s friendly banks… …!”

“This, this can’t be happening!”

“You need to contact headquarters immediately!”

“If the chairman and executives knew, they would meet with the bank presidents and try to change their minds somehow!”

“Now, not to Japan, but to America… … !”

bang!

The Gulf chief negotiator slammed his fist on the table.

The sound of his breathing was quite rough.

He wiped his pale face with the palm of his hand.

“Shut up! Shut up and have a seat!”

It meant that this was an issue that could not be ignored.

The Gulf negotiating team leader’s moves to head to Japan without any hesitation were halted.

“Do you think hostile M&A is as easy as it sounds?”

The Gulf chief negotiator gritted his teeth.

“There is still time until the general meeting of shareholders, so we just have to get him to withdraw his proxy by then!”

The voice shouting was thunderous.

“Our Gulf Coast! Do you think the world’s 9th largest oil company will give in so easily?”

“Why do you think it will be difficult?”

I shrugged.

“Even though the Mallon family, the founders of Gulf, only own a 17.3% stake in Gulf?”

“If you add up the stocks owned by executives of affiliated companies… … !”

“Oh, this?”

I waved the envelope around.

“You said that a few years ago, your company’s chairman and executives were all fired for bribery and embezzlement? If they were the Gulf shares that were smuggled out, they’re here.”

“what?”

“You must have made a lot of money while you were working at the company, so you owned quite a large amount of shares. A total of 4.1%!”

“oh my god!”

The Gulf people opened their eyes wide.

“Who would have thought they ate 4.1%!”

The Gulf people gaped in amazement.

It was the eye that looked at a traitor who sold out the country.

It was quite thrilling to see Gulf’s former executives’ proxy statements being sought.

“We at JH Investment recently established a Hollywood film investment company. We are a company that welcomes talented individuals. We reached a win-win deal.”

I’m glad I got the talented people who built Gulfsa into a global company.

It’s good for you because you can get a decent business card and a generous salary.

“I’m going crazy!”

The Gulf chief negotiator groaned, clutching his head.

I sharpened my teeth.

“If you are finally done in our lines, you can mobilize the US government!”

The Gulf negotiator clenched his fist.

“These guys already have a history of embezzlement and bribery. Throwing them into the abyss is a no-brainer!”

The Gulf negotiator glared at me with evil eyes.

“Go ahead and do it! The US government will step in and put pressure on the banks!”

With a fist with blood vessels bulging out on the back of the hand.

The Gulf chief negotiator banged the table.

“Gulf is the world’s 9th largest global company! If Gulf is shaken, America will be shaken too!”

Gulf Oil was one of the largest oil companies in the United States.

Just as Korea would be shaken if Yukong were to falter, the blow to the United States would be just as great if Gulf States were to falter.

So, you have no choice but to be so confident.

“Do you think the U.S. government will not support American companies?”

It’s a simple matter to make it happen though.

I don’t want to go through the trouble of explaining it in detail.

“Then how are you going to persuade Japan?”

Documents speak louder than words!

I took an envelope out of my briefcase.

The Gulf chief negotiator opened his mouth wide.

“You still have more to push in?”

of course!

What do you think of me!

“Right now, the biggest investors in the U.S. market are Japanese banks and Japanese companies.”

During this period, Japanese companies dominated the global market.

Among them, Japanese financial companies, represented by Japanese banks, monopolize the top positions in global market capitalization rankings.

Japan, with the financial power of the world’s second-largest economy, has made astronomical investments in American markets and American companies, earning enormous investment returns.

“Nakamura Real Estate has very close relationships with Japanese banks.”

Nakamura Real Estate is taking out a lot of loans using the real estate it owns as collateral!

“It just so happens that Japanese banks are investing heavily in Gulf companies.”

“Huh! 8.3%!”

The Gulf negotiator took a deep breath as he opened the envelope.

Bam.

The Gulf chief negotiator dropped the envelope he was holding.

“Is there a law that says Gulf Oil has to own 50% of the shares?”

So I also tried to get it to exactly 50%. To be fair!

I smiled brightly.

“How about it? You still have a 50% stake in Yukong, worth $1 billion?”