The Highest Level Son of a Chaebol Family - Chapter 392



Only Krnovel

392. A poor guest in a precious house

Ding dong ding dong ding dong ding dong!

The doorbell sounded very urgent and desperate.

So, the people who were gathered in the living room eating tteokguk couldn’t help but keep glancing toward the front door.

In the end, he urged his grandfather to make a decision with his eyes asking, ‘What are you going to do?’

My grandfather had a bewildered look on his face.

“Why did the Gulf negotiating team come to our house on the first day of the new year?”

The gazes looking at President Shim, who was wiping the sweat with a handkerchief, were stinging.

“What is your business?”

“What the hell is that? That damn thing is asking me to look after Gulf’s situation.”

“What are you looking at? Gulfsa’s situation? Who? Our Taesung?”

“Strictly speaking, ahem!”

President Shim glanced at me and pretended not to know me.

There were several newspapers spread out on the 16-person wooden dining table and in front of the dining tables of Taesung Group executives.

“Have you read the newspapers?”

“You see. It’s been this story all along.”

“Then you must know.”

President Shim smiled brightly.

“This time, we are thinking of acquiring Gulfsa.”

“Phew!”

My grandfather spit out the cold water he was drinking from the stove.

“Taesung Gulf? Are you serious about that?”

“Have you ever seen Shim Won-cheol talking nonsense? Of course he’s being sincere. Do you see this?”

President Shim tapped the heavy suitcase he was carrying with both hands with the tip of his foot.

“Would it be easier to understand if I said that this was the groundwork for the Gulf acquisition that I wrote all night last night?”

“What?”

Grandfather looked at the suitcase with wide eyes in surprise.

President Shim muttered, “I can’t help it,” and pulled at the zipper of his suitcase.

“Oh my god, all this paperwork… …!”

“What are you talking about with this much? Hahaha!”

President Shim put his hand on his waist and smiled brightly.

However, there were dark circles around her eyes, and her dull skin looked rough.

“I’m glad that our JH Investment office staff is back this time.”

President Shim smiled as if he was satisfied.

“If you hadn’t given my family back, I would have thought, ‘I’m really going to die from overwork this year!’ Hahaha, I was lucky.”

It was a humble statement.

These were all valuable resources that President Shim had torn out in front of the heads of key affiliates, saying, “If you don’t give me back my office staff, I’m going to resign!”

As expected, he was a master of negotiation, just like President Shim.

“President Shim, what on earth is going on here?”

“How is everything going? It’s going very well.”

Ding dong ding dong ding dong ding dong ding dong ding dong!

The doorbell sound became more urgent and desperate.

President Shim looked back with a disgusted expression.

“Can’t you tell when you see that?”

Ding dong ding dong ding dong!

“It’s not us who are the ones who are being bullied, it’s them.”

“What the hell is it that they have to do to give us shit?”

Everyone, including the grandfather, looked at President Shim with a puzzled look on their faces.

“Did you threaten me?”

“I did it.”

“What did you threaten them with that made them turn a blind eye like that?”

“If we fail, we will break Gulfsa into pieces and sell them off,” he said.

“what?”

Grandpa opened his mouth wide.

It was the same with my uncles and aunts.

No, the Taesung Group executives gathered here also looked at President Shim with the same expression.

“How on earth can you say that you will split up Gulfsa and sell it?”

“I’m thinking of going on a business trip to the United States to decide on that. Didn’t the Vice Chairman tell you?”

“I did it!”

Grandfather quickly poured water and drank it in gulps.

It looked like his insides were on fire.

“So, the Vice Chairman’s words that he would definitely conclude the Gulf acquisition within a short period of time were true?”

“This can’t be happening!”

Taesung Group executives were shocked as if they had been struck by lightning.

Just a moment ago, these were the people who had scoffed and said, ‘Would that work?’

“Does this mean that Vice Chairman, you have a way to deal with Gulfsa?”

“How on earth?”

“Do you have any idea of ​​Gulf’s weaknesses?”

widely!

Grandfather put down his glass of water.

“Now is not the time to report to the executives, but rather to hear Gulf’s position. Open the door and invite the guests!”

“Yes, Chairman!”

Director Ko and Secretary Kim immediately stood up and received the order.

* * *

The Gulf people were startled and stopped in their tracks as soon as they stepped into the mansion’s front door.

“What? All these people?”

“Everyone is eating the same food?”

“Did we get the timing wrong?”

The Gulf chief negotiator said bluntly:

“Are we really considering timing right now? We’re at a crossroads where Gulf is about to be dismantled?”

The Gulf people bit their lips and rushed into the living room.

Then he found me and my father sitting at the highest table, eating tteokguk.

dump.

He knelt down without asking any questions.

“Please save me!”

“… … !”

Executives from Taesung Group affiliates took a deep breath.

“Isn’t that what Gulf Saga asked you to do just now?”

“Kneel down before our Taesung… … Huh!”

The Gulf negotiating team shouted loudly.

“If you want me to criticize you, I will!”

“If you tell me to roll, I will roll!”

“So please, stop breaking up Gulfsa into pieces and reselling it!”

Toouk.

My grandfather was so surprised that he dropped his spoon.

My second eldest uncle, who had always had a wide-eyed smile on his face, also opened his eyes wide and opened his mouth.

The two great-aunts took a deep breath and froze like ice.

“Our Gulf strength comes from unity and size!”

“If we split Gulf Sa into pieces and sell them, we might be able to get a slightly higher price, but it would be difficult to boast the same Gulf Sa power as we have now!”

Those arrogant, haughty, and brazen Gulf people!

Without being asked to do so, he started to talk about his company’s products and operations as if he were a door-to-door salesman.

“Our goal at Gulf is to become the world’s leading supplier of power energy, from gasoline and diesel to aviation and marine fuels!”

“You know that Gulf’s lubricants are famous? They are widely used in the automotive, marine, and aviation industries, and we handle engine oils, hydraulic oils, greases, and gear oils!”

No matter how much I think about it, this is the attitude that our Taesung would show to Gulfsa, not the other way around.

So, when the Taesung Group executives saw this sight, they were speechless and just dropped their jaws.

“Our Gulf company stands out not only in the refining and petrochemical sectors but also in specialized industries!”

“When it comes to specialty chemicals, coolants, brake fluids and transmission fluids, Gulf is the world’s best!”

“And that’s not all. We have a whopping 100 years of know-how when it comes to operating gas stations!”

“We operate a network of gas stations across the globe, offering high-quality fuel and lubricants, as well as additional services such as convenience stores, car washes and auto repair facilities!”

The more Gulf Saga tries to promote itself, the more.

The expressions on the faces of Taesung Group executives changed strangely.

“Why is Gulf Saga doing that?”

There was only one reason.

‘That’s because I only told my father that I had acquired more than 50% of Gulfsa’s shares.’

I silently watched my uncle and his wife with gleaming eyes, waiting for an opportunity to intervene.

The silence lasted for a moment, but then whispers began to spread among the Taesung Group executives.

“I have heard that the performance of the asset portfolio has been poor since a number of high-ranking executives, including the Gulf president, were fired due to bribery scandals a few years ago.”

“Even so, that’s true. Gulf’s capital and facilities are enormous, so why would they be so humble just because of that?”

“Currently, it is the world’s 9th largest company in terms of market capitalization, and its acquisition risk is assessed to be almost zero.”

“But just looking at that attitude, doesn’t it seem like he’s really scared that Taesung will take over Gulfsa or split it up and sell it?”

The Taesung Group executives’ doubts were directed at each other.

Then it started to focus more and more on one person.

“There must only be one person who can create such an absurd situation, right?”

“Taeseong’s Brain!”

The eyes of the Taesung Group executives looking at their father lit up.

The Gulf people poured oil on the fire.

“We also know that Taesung’s brain acquired this Saudi oil field!”

“Our Gulf company’s expertise in oil exploration and development will be of great help in the development of Saudi oil fields!”

“Because our Gulf companies are very organically intertwined with each other in a very structured way!”

“I think it is much more profitable to invest in Gulf’s technology and facilities than to split up the affiliate and sell it off!”

My grandfather looked back and forth between the Gulf people and my father.

My father listened silently to what the Gulf people were saying.

This is probably because he thought it would be valuable information at Gulf’s extraordinary general meeting of shareholders to be held soon.

My grandfather grabbed my shoulder.

“Are these all your drawings?”

“What if it’s my picture?”

I smiled broadly.

“Are you going to take care of Gulf Sa as my share?”

“her!”

My grandfather lifted me up from where I was sitting on my grandmother’s lap and sat me on his lap.

“As expected, my precious child! Yes, that’s what a nine-year-old should be like! Hahaha!”

My grandfather whispered softly in my ear.

“What a brilliant guy. How on earth did you boil those Gulf guys?”

“Bake and boil. There’s no such thing?”

I farted.

“I told you I threatened you.”

“So how?”

“If we fail, they threaten to split Gulfsa into pieces and sell it.”

I heard it from President Shim, so why are you asking again?

That meant that it was an unbelievable situation for the grandfather.

‘Of course, I have no intention of splitting up Gulfsa and selling it off.’

Gulf’s position and reputation did not come about overnight.

As the Gulf people’s appeal suggests, the synergy effect and influence that comes from size and scale cannot be ignored.

“When I go to the US this time, I plan to hold an extraordinary general meeting of shareholders and completely replace the Gulf company’s management.”

“what?”

Grandfather blinked his eyes slowly.

“How are you going to hold Gulfsa’s extraordinary general meeting?”

“Why can’t you open it? After all, I’m the largest shareholder of Gulfsa.”

I shrugged.

“We have secured a 52% friendly stake.”

“What, what did you say?”

“What this means is that if you try, even a hostile M&A is possible.”

“… … !”

Grandpa opened his mouth wide.

Because screams of joy escaped from the gaping mouth.

I covered my grandfather’s mouth with my hand like a fernbrake.

“Do you understand why the Gulf people are making such a fuss?”

Nodding, nodding, nodding!

“You know right now that this isn’t the place to ask me what happened, right?”

The head of the grandfather who had been nodding madly suddenly stopped.

Because you looked at me with eyes full of doubt.

I pointed at my father with the tip of my chin.

“This is the place where my father is being tested for his qualifications as vice president.”

This is the first New Year’s greeting since my father took office as vice president.

Grandpa chuckled.

“I think your father’s qualifications will be more than enough. I heard he’s already received quite a few petitions.”

“I have to make sure to stamp my seal whenever I get the chance. That way, my father’s life will be easier.”

I was at a loss and looked at my two uncles and their wives who were listening to the Gulf negotiation team’s earnest appeal.

“If you do it half-heartedly, you’ll only end up with more complaints, and if you end up with more complaints, the fight over your job will get messy.”

“ah……!”

Grandfather began to nod again.

It was a bitter laugh.

Without going far, I clearly witnessed the shameful behavior of my children who just a moment ago were rushing to me to share the prize money.

“Master Jeonghyeok, I don’t think you need to go that far back.”

Mr. Shim leaned in slightly and whispered.

“If it’s not right, why don’t you just separate Gulf Saman and put it under JH Investment?”

My words!