133. Chirashi (3)
Hoyeong barely closed her mouth that was about to open and hid her true feelings.
His expression of trying to hold back laughter made Jo Jung-shik look as if someone who had heard something difficult to accept was perplexed.
“Whoops… Do you look very upset?”
“Yes. That’s pretty embarrassing. It’s an answer I never thought of. Why do you want to do this?”
“I will take back what you said to me earlier. I would rather have half than have none.”
Jo Jung-sik’s eyes were sincere.
‘How did such a person live as if he died in his previous life?’
Seeing his hard expression, Hoyoung felt a strange feeling.
He is a man full of desire to the point of taking advantage of his father’s collapse.
It was because he did not seem like a person who would hand over the company to his younger brother silently.
However, there was something Hoyoung was overlooking.
Jo Jung-sik was greedy, but had a timid personality.
In particular, he was constantly compared with his younger brother from a young age and suffered a complete defeat in a competition with Jo Nam-shik, so he could not even show his head.
However, in this life, there was Hoyoung.
Jo Jung-sik formed a relationship with Ho-young and went on a winning streak, and eventually he was able to come up with such a bold strategy.
“For now, I know what you mean. But doubts arise. Of course, I understand that the market share is quite large, but I don’t think that alone can change the governance structure?”
“you’re right. This cannot be a decisive blow. However, it will give me a huge advantage in future races. Currently, my father owns less than 15% of Myungsung Electronics. Even if it brings at least 5% more of the stake through this incident, it will have a tremendous effect.”
Hoyoung nodded.
As Jo Jung-sik said, the stake structure of Myungsung Electronics is very complicated.
It was an era where it was possible to solidify the governance structure through cross-shareholdings and cross-shareholdings.
It could be said that the case of establishing a holding company as Hoyoung founded Hermes was very rare.
“Currently, Myungsung Electronics has 15% of my father, 8% of me, and 7% of Namsik. And Myungsung Mulsan has 11%, Myungsung Jedang has another 8%, and Myungsung Wool has 5%.”
“That’s a total of 54%.”
“yes. In addition, if you combine all the shares held by the other owner families, 5% and the 5% that I handed over to Mr. Hoyoung add up to a total of 64%.”
“So you have 36% of the market share?”
“That’s right.”
Thanks to Jo Jung-sik’s kind explanation, Ho-yeong was able to grasp the current governance structure of Myeongseong Electronics.
Hoyeong then recalled the stocks Eric had accumulated in the market.
Its share is approximately 10%.
‘Then, if you add up the 5% I received from Jo Jung-sik a while ago, it’s 15%. Are you saying that the stake is similar to that of Chairman Cho?’
Although it cannot be judged simply by the numbers seen, Hoyoung already had a stake similar to that of Cho Heechang.
“Can you say that Myungsung Mulsan’s share is the president’s friendly share?”
“It’s hard to see that.”
“Why?”
“My stake in Myungsung Mulsan is only 6%. But my father has a whopping 20%. Fortunately, Namsik has almost no stake in the product.”
The same was the case with sugar and wool.
Cho Hee-chang was a major shareholder in most of the Myungsung affiliates, and had a tremendous influence on Myungsung Electronics.
It was said that the visible 15% is not all.
“Then, it means that Myeongseong Electronics is not the only stock that will be wiped out in the crash this week.”
“yes. Most of the stocks with a reputation in front of electronics, products, sugar, etc. can be thought of as collecting all of them. Even life and securities, which are not mentioned above, should not be left out as they have shares in Mulsan, Sugar, and Wool.”
Hoyoung meticulously wrote down every single number Jo Jungsik said in his notebook.
In fact, Gaia was listening to all of this, so there was no need to do it, but it was a performance to make Jo Jung-sik more trustworthy.
“All right. I will make sure to convey to Gaia Investment what the president is thinking and how much money is required.”
“thank you. me, and…”
Jo Jeong-shik was hesitant to say anything.
“Is there anything else I need help with?”
“yes. I have one more favor for you.”
“What is?”
“Can I ask for a loan from Gaia Investment?”
“How much do you need?”
“It’s 100 billion won.”
Hoyoung slightly narrowed the gap between his eyebrows.
“That kind of money… I think that would be a bit difficult.”
“I’ll put a pledge.”
“What collateral? Maybe Gaia Investment will show one of the two reactions. It’s a security comparable to the 100 billion won you’re really trying to borrow, or something you can’t get even with that money.”
At Hoyoung’s words, Jo Jungsik nodded with a firm expression and said.
“I will bet my 3% stake in Myungsung Mulsan and my 2% stake in Myungsung Jedang.”
Hoyoung looked at Jo Jungsik with surprised eyes.
The market price of Myungsung Mulsan and Myungsung Sugar Sugar was not that expensive.
Even if you combine 3% and 2%, you have to pay a lot to be about 10 billion.
But that wasn’t the point.
The most important thing is that this share belongs to the owner’s family.
The stake of the owner family, which is said to never come out once you hold it, has been put on the cutting board as collateral for 100 billion won.
“If it is that much, I think Gaia Investment will be convinced. Let me have a good talk. By the way···. Are you okay?”
“haha. Because it’s collateral. guarantee.”
Jo Jung-sik replied as if nothing was wrong, but inside, bitter water seemed to rise.
Ho-yeong reassured Jo Jung-sik, who tried to smile, not to worry, as it would be handled well.
“Hyoyoung. I have only one condition. I don’t care which and how much of Gaia Investment’s stake in Myungsung Group is purchased. However, please promise me that Gaia Investment will become my friendly force, no, support force.”
“Do not worry. How about inserting that condition into the contract at all?”
“If you do that, it’s all the better.”
Jo Jung-sik’s expression, which had been hardened at the talk of the contract, was finally released.
“after···. Okay. Then, when a specific answer comes back, please contact me.”
Jo Jung-sik got up from the sofa and said while adjusting his clothes.
“yes. Take a look.”
When Hoyoung slightly bowed his head in greeting, Jo Jung-sik, who always raised his hand in response, also bowed his head involuntarily.
Hoyoung thought that appearance was proof of his current anxious state of mind.
Nam-sik Cho left, and Ho-young sat down for a while and waited until it was judged that Jo Jung-sik had completely left.
Then, Hoyoung called Smith in the United States and explained the process of the work and what Smith had to do.
Fortunately, Smith understood Hoyeong’s explanation at once.
– All right. president. This one is a bit big. Shall I go to Korea?
“no. You don’t have to come.”
– Then I’ll send Eric at least. If an investment expert like Eric is with you, you will definitely get a little more benefit.
“Eric doesn’t even have to come. Just ask Eric to make as much cash as possible.”
– Well···. Okay. How much do you think is the maximum amount of cash?
“I think we need at least $1 billion.”
– A billion dollars?
“yes. This is the money you need to make by processing most of the Nasdaq stocks except for Dell. Please pass it on like that.”
When told to raise money by selling stocks, Smith gasped.
“Don’t worry too much. It will definitely work out.”
– yes. It’s what the boss does, so I think it will work out well. By the way, are you going to find an investment expert in Korea? Of course, there are many talented investors in Korea, but I have never seen an investor more competent than Eric.
“Investors, don’t worry. I have the best investors.”
– Is that so? If the boss says so, I can trust him.
“sure. Recently, I tested it with KOSPI stocks, and about $1 million was turned into $3 million in two months.”
– Wow, you’re so talented.
Hoyoung laughed.
If you find out the identity of the investor you are talking about, you might be surprised and go black.
“Anyways, thank you.”
– All right. boss. We will report on the progress. If there is any problem, we will contact you from time to time.
“yes. Please suffer.”
After hanging up the phone, Hoyoung spoke into her watch.
“Gaia. Do you understand everything right now?”
“That’s right.”
“Then, when you connect to the workroom’s Wave LAN later, tell Eros all the information.”
“All right.”
Hoyoung looked out the window with a slightly flushed face.
At present, the three most necessary things for him were met.
Information, Money, and the Perfect Investor
When I first met Jo Jung-sik, I thought of stealing information about the fame group from him, but I didn’t know that it would develop between receiving such key information.
In particular, it would not be an exaggeration to say that most of the credit for Jo Jung-sik’s current superiority in the competition with Jo Nam-sik was due to Ho-yeong’s virtue.
“Jo Jung-sik, don’t accept your present well.”
And the price was coming back in earnest.
.
.
.
Three days after Hoyeong and Jo Jungsik met.
Hoyoung contacted Jo Jung-sik, saying that Gaia Investment’s answer had returned.
And Hoyoung met with Jo Jung-sik and signed a contract with Jo Jung-sik with a contract that Smith wrote and sent to the flight and received right away the next day.
It was an enormous contract worth 800 billion won, including an investment of 700 billion won in Korean money and a loan of 100 billion won.
Jo Jung-sik’s fingertips trembled as he signed the contract.
However, Jo Jung-sik quickly came to his senses and signed the contract.
If Jo Hee-chang ever wakes up, it’s because it was a contract that everyone was talking about.
and the very next day.
All of Korea’s leading daily newspapers began to publish articles with the same content on the front page.
———-
＜速報: 鐵人 曺喜創 會長 入院＞ (Breaking news: Cheorin Chairman Hee-chang Cho hospitalized)
…The cause is known as paralysis. Currently, the doctor in charge of Myeongseong Medical Center avoided answering the question of whether Chairman Cho Hee-chang could wake up…
———-
All of them are just negative articles.
And at the same time, stocks of companies with the name ‘Prestige’ began to have a blue arrow pointing down.
“Eros. Have you calculated when is the right time to buy?”
“If current news is all, five days from now. It is believed that the final price will be a 30% drop compared to the normal price.”
“Then what if this article were to be published tomorrow in the daily newspaper?”
Ho-young read the draft of the article handed to him by Jo Jung-sik a moment ago.
“The shocking truth of Chairman Cho Hee-chang. Hundreds of billions of slush funds created in the Dominican Republic. And it appears to be related to international violent groups in creating slush funds.”
Hoyeong laughed bitterly as she read.
It was because the sight of a child biting a fallen father to satisfy his greed did not look very good.
There is really no other bean flour family like this.
