134. Chirashi (4)
Hundreds of billions of slush funds. and international violent groups.
These two keywords literally shook Korea.
Of course, everyone’s topic of conversation was about Chairman Hee-Chang Cho, and posts about Hee-Chang Cho were the majority on all bulletin boards on the Internet.
– The content related to the slush funds of Myungsung Group Chairman Cho Hee-chang is baseless.
The Myungsung Group belatedly claimed that this report was false, but those who had already heard the sensational news did not pay any attention to the Myungsung Group’s report.
To the public, it didn’t matter at all whether this was true or false.
An Internet newspaper founded by Hoyoung not long ago also actively covered the contents of Chairman Cho Hee-chang.
Most reactions to the article were negative.
– Dirty tycoons! Did you know it would be like this? What do you do if you give tax benefits to large corporations? Stealing everything like this
– The original reputation is a company that has been accumulating wealth through backdoors since the old days. This is not surprising.
sometimes
– The evidence is too weak. Aren’t we being agitated?
Although there were intermittent responses, it was not enough to reverse the trend.
Even Cho Hee-chang himself would have made some excuses or been investigated by the prosecution, but unfortunately he was lying in bed and could not even wake up.
And there was something that dealt the final blow to Myeongseong electron, and it was the president’s words.
‘You don’t have to ask what’s going on. Investigate more thoroughly to find out the truth.’
President Kim Il-sam, who had already purged Hanahoe and corrupt public officials and received support from the people, set an even bigger fire on this matter by demanding that the prosecution and police conduct a thorough investigation even if Chairman Cho Hee-chang was lying in bed.
On the other hand, the louder Korea was with the fame group, the louder the stock market fluctuated.
“It’s already been 5 days, the lower limit. Can we go further down?”
“I think it will drop further in about two business days.”
“okay?”
“On the Internet, in newspapers and in the news, there are still stories about famous groups every day. And individual investors who had stocks of Myungsung Group, who felt great anxiety due to these news, are throwing stocks without any hesitation.”
“It means that there are many people to sell, but there are still no people to buy.”
Hoyoung sat in the studio, knocking on the keyboard, and fell into trouble.
The most important thing now is the timing to buy.
It was only natural that in order to achieve maximum efficiency with limited funds, it was necessary to enter when the price was lowest.
“okay. Let’s start buying now.”
“All right.”
“But now, don’t buy aggressively, but slowly collect enough that you can’t see it. The limit is 100 billion, the first purchase item is, of course, the former, and then it is okay to buy products and securities as long as the price is good.”
“All right.”
As soon as the order was issued, Eros began to buy.
Slowly so no one can notice.
The decline in stock prices may have slowed down a little, but it didn’t stop, as the company will buy only half of the amount sold in the market.
“What is the current market cap of Myungsung Electronics?”
“Just three weeks ago, it reached an all-time high of about 3 trillion won.”
“Now is?”
“Now it is about 2.2 trillion won due to repeated declines. And it is also on the way down.”
Myungsung Electronics’ market share is 36% in total.
Hoyoung ordered Eric to collect 10% of them, so only 26% were put up for sale.
If the current market capitalization is about 600 billion in theory, it means that you can secure all the market shares of Myungsung Electronics.
Of course, there will be some people who don’t want to sell until the end, and some people who are astute will think that now is the right time to buy shares of Myeongseong Electronics.
Considering the volatility of the market, the total stake Hoyeong wanted to secure was 15%.
If he was able to secure 15% this time, he could become the owner of a whopping 30% stake by combining the 15% stake that Hoyoung had previously owned.
“great. Keep an eye on the market while I work.”
“All right.”
Organizing his thoughts, Hoyoung sat down in front of his work computer instead of Eros.
I came up with an idea to solve the inconvenience of always having to use a computer connected to the Internet to communicate with Eros outside the studio.
Hoyoung asked Seok Myeongcheol to pull out a few ports that could transmit data to the cell phone.
It was a very difficult task to make a mobile phone that could exchange data properly, but it was not that difficult to remove the input/output ports that could make and answer calls very simply.
Hoyoung was able to complete a program in one sitting by tapping the keyboard for three hours without a single break.
“great. It’s over sooner than I thought.”
Hoyeong, who had been paying attention to Myeongseong’s stock situation for a while, had a refreshing expression after a long time.
Indulging in coding was one of Hoyoung’s favorite ways to relieve stress.
Hoyoung took out his mobile phone, connected it to the serial port, and connected it to a computer to install the software he had just completed on the mobile phone.
After confirming that everything was installed on the cell phone, Ho-young connected the cell phone to the supercomputer where Eros was installed.
“Eros. Try connecting to the serial port I just plugged in. This port is the port that connects to your cell phone. Unfortunately, there is no function on the mobile phone, so I can only make and receive calls, but if something unexpected happens in the future, call me.”
“All right.”
Hoyoung thought he should introduce a 3g mobile phone capable of minimum data communication as soon as possible.
Not long ago, Qualcomm’s Irwin contacted Hoyoung and asked for investment money, saying that he had found a clue to research on W-CDMA, the 3rd generation mobile communication network.
Hoyoung willingly invested $1 million, and research was in full swing.
‘Until 3G technology is developed, it can’t be helped even if it is inconvenient. It takes at least 2-3 years to complete the technology.’
Hoyeong comforted herself by saying how fortunate she was that she could connect now, even on a mobile phone.
“master. We started buying.”
“great.”
Hoyoung forgot his thoughts for a moment and looked at the blue chart happily.
.
.
.
Jo Nam-sik could not understand the current situation.
Getting angry is his specialty, but this time he wasn’t even angry.
He was looking at the same screen that Hoyeong was looking at.
Blue, blue, blue all over.
He thought it was quite an ordeal to watch his, or even his family’s, wealth diminish in real time.
“Has your father not heard from you yet?”
“yes. If you wake up or have any news, I decided to contact you right away.”
“great. go out.”
“Yep.”
Jo Nam-shik’s secretary bowed her head and left the office.
‘Relations to the international mafia sound absurd, but the Dominican Republic’s slush fund is real. How the hell did he know?’
This was the reason Jo Jung-sik was confused.
Everyone in the world thinks that the Myeongseong family has slush funds.
But, of course, no one knows where and how much.
The slush fund in the Dominican Republic was the largest slush fund that Cho Hee-chang scattered all over the world.
‘no way···! Adjustment ceremony?’
Jo Nam-sik thought of Jo Jeong-sik the moment the Dominican Republic happened, but shook his head.
He knew that his brother was a man with unnatural desires, but he did not think he would endanger the entire fame group.
“wait···?!”
He had an idea for a moment.
‘What if Jo Jung-sik, the madman, tried to eat electronic stocks with his personal funds?!’
When he thought about it, he felt impatient.
He quickly picked up the phone and made a call.
Truluru-
After several signals, a man with a thick voice answered the phone.
“Chief Hong. I am Jo Nam-sik.”
– Yep. president!
The person who was called Manager Hong still called Cho Nam-sik the president.
“Let me ask you something. Has your eldest brother moved your personal funds lately?”
– Please wait a moment.
“I will.”
Jo Nam-shik slowly waited for his answer.
Chief Hong.
Hong Geun-tae is an elite employee currently working at Myeongseong Securities, who was in charge of managing the personal assets of the owner’s family.
Cho Nam-shik and he had a close relationship from before.
Jo Nam-sik decided that if he made Hong Geun-tae, who was in charge of managing the family’s finances, on his side, he would be able to grasp the family’s financial trends, so he used all his means to make him on his side.
So, Jo Nam-sik thought of Hong Geun-tae as one of his henchmen, although he kept a neutral position on the outside.
– president. Yesterday, a really small amount moved.
“A very small amount? Do you know where it was written?”
– About 20 million won. The purpose is to buy a watch.
Jo Nam-shik’s expectations were surprisingly wrong.
But he got angry in an instant.
The eldest son is spending extravagantly on an expensive watch worth 20 million won while his father has collapsed and the family is in chaos.
“Then can you tell if a large amount has moved on the insurance or securities side?”
– What is the standard for a large amount?
“Over 1 billion. The purpose is to buy stocks.”
After looking for data for a while, Hong Geun-tae told Jo Nam-sik that he had no such history.
“Okay.”
After hanging up the phone, Jo Nam-shik sighed deeply and brushed his hair.
There were only two things he could do now.
Watching stocks fall, and wishing his father would rise.
.
.
.
“great. Good work.”
Jo Jung-sik tapped the man who had just hung up the phone on the shoulder.
“no. president. I have only made one phone call.”
“That one currency will take care of you for decades to come.”
In front of Jo Jung-sik, manager Hong Geun-tae, who had been on the phone with Jo Nam-sik a while ago, was bowing his head.
Cho Jung-sik took out a white envelope from his pocket and handed it to Hong Geun-tae.
“ruler. Your child is now three years old? Buy me a toy.”
“thank you.”
Hong Geun-tae accepted the envelope without refusal.
This money was nothing more than new blood compared to the money he was supposed to receive from Jo Jung-sik, but Hong Geun-tae thought that free money was welcome.
“Then, please take good care of me in the future.”
Cho Jung-sik smiled like a winner.
“It’s off topic, but can I ask you one thing?”
“what?”
“Where the hell did this huge amount of money come from? You didn’t take it out of the slush fund, and you didn’t even dispose of the stock…”
Jo Jung-sik’s expression hardened.
“It’s really off topic.”
“Hup.”
Seeing his cold expression, Hong Geun-tae shut his mouth for a moment.
“I’ll just skip it this time.”
“Yep. sorry.”
Hong Geun-tae blamed himself for not winning the curiosity of the moment.
He just does what he’s told to do and gets paid.
Glancing at Jo Jung-sik’s expression, he is again showing a satisfied expression.
He let out a sigh of relief.
