169. 33.5% (2)
Gaia Investment!
The largest shareholder with the largest stake since the inception of Reputation Warrior.
Even when the real-name financial system was first implemented, it made Korea buzz, but Gaia Investment did not take any action for too long.
So Jo Jung-sik completely forgot about it.
“ah! Gaia…! Right. Hoyoung was the Asian investment manager at Gaia Investment, right?”
“yes. It’s sad that you forgot about it after doing such a big thing together the other day.”
“Oh, I haven’t forgotten. I didn’t think that I would be able to get Gaia’s help this time too…”
Jo Jung-sik looked at Ho-young’s face, blurring the end of his words.
Hoyoung smiled slightly.
Jo Jung-sik couldn’t look that trustworthy.
“If you help me like that, I’ll do whatever it takes to repay this favor.”
He bowed his head and said.
10.8% from Jo Jeong-sik, 4.3% from Myeongseong Mulsan, and 1.5% from Myeongseong Life.
Finally, 33.5% of Gaia Investments.
The total stake was 50.1%.
“Unfortunately, it is 50.1%.”
“yes. It seems that heaven is giving a revelation that Lee Jo Jung-shik must continue to serve as president.”
Hoyoung almost frowned at the moment, but managed to keep a smile on his face.
“president. But before that, there are certain things that need to be done.”
“what is that?”
“Right now, aren’t we talking assuming that Myungsung Products and Myungsung Life will raise our hands?”
“Yes. But don’t worry. In any case, I have a tight grip on products and life. Even tomorrow, I will put a word on the two representatives.”
Hoyoung frowned slightly.
No matter how you look at it, Jo Jung-sik did not become a vessel.
Although he is working hard to become the owner of his reputation with his own enthusiasm, in the first place, he was often seen taking advantage of his position as a conglomerate, not using it well, but accepting it as if it were his natural status.
“I doubt whether Myungsung Mulsan and Myungsung Securities will follow him as much as he thinks.”
“I beg your pardon?”
Jo Jung-sik also made a slight impression.
It was an expression of pride hurt by Hoyoung’s words.
“You don’t seem to be aware of the seriousness of the current situation. As an outsider, by the time I get this information, it means things have already gone a long way. Did Jo Nam-sik prepare such a plan without any preparation?”
Jo Jung-sik didn’t let go of his expression, but he didn’t show off his bad mood like he did a moment ago.
It was because I was feeling insecure at Hoyoung’s words.
Hoyoung watched his reaction for a moment before continuing.
“It is highly likely that Jo Nam-sik has already secured more than 50% of the friendship stake and proceeded with this work. Of course, there is a high possibility that the share of more than 50% includes the share of life and property that we talked about earlier.”
To be precise, Myeongseong Products and Life Insurance had already agreed to Jo Nam-sik’s words to secure a 53.1% stake and proceed, but there was no need to tell Jo Jung-sik that much.
Jo Jung-sik looked anxious as if he had finally realized the seriousness of the situation.
“Then what should I do now?”
“Of course, we have to start with the most important thing.”
“If it’s important…”
“It’s about making our side. First of all, we have to bring the voting rights of Myungsung Products and Myungsung Life, which we keep talking about, and if possible, we have to take away as many voting rights as possible.”
Cho Jung-sik nodded.
“okay. I really need to meet with the representatives tomorrow.”
“yes. And you’ll have to be prepared. I don’t know when Cho Nam-sik will hold the general shareholders’ meeting, but it’s clear that it will be held by surprise.”
Under the current law, in order to hold an extraordinary general meeting of shareholders, notice must be given to shareholders at least two days in advance.
But there are still flaws in the law.
It was that the mandatory notice, which had to be made two days in advance, was based on the date the mail was sent, not the date it arrived.
Although this bill was revised in 1997, three years later, it was still lax.
“If you think you have secured more than 50%, you will definitely use that method. It’s a method that many companies use.”
“yes. So, starting tomorrow, the boss has to enlist people he thinks he can definitely side with. Since we don’t know when the general meeting of shareholders will be held, it would be better to proceed as quickly as possible.”
“All right. Thank you very much.”
Jo Jung-sik had a spleen expression.
Hoyeong asked Jo Jung-sik subtly.
“Don’t you feel betrayed by your younger brother?”
“Do you feel betrayed?”
Jo Jung-sik looked at Ho-young with a puzzled look and laughed out loud.
“There is no feeling of betrayal. I don’t even think of Jo Nam-sik as a younger brother. It will be the same for Namsik.”
“Is that so?”
“Whoops, do you know when I started thinking like this?”
“Since when?”
Is it because of the wine with the meal?
Cho Jung-sik suddenly fell into sentiment.
He stared into the void with languid eyes.
“haha. That’s when I was six.”
“yes?”
As far as Hoyoung knew, Jo Jungsik and Jo Namsik were six years apart.
That’s what it is…
“It has been since Namsik was born.”
Jo Jung-sik seemed to be recalling the past.
Hoyeong has a little curiosity.
It was because I couldn’t understand that a six-year-old kid had feelings like that since his little brother was born.
“Namshik and I have two more younger siblings.”
“yes. I know that.”
Hoyeong was well aware that there were four siblings in the Myeongseong family.
And the second and the third are not very interested in the management rights of the group, so each of them is in charge of managing only one affiliate.
“Second is construction. The third is running a department store. But you know what’s fun? It is true that I grew up hearing from my father when I was very young, that is, even before I had a memory, that all of my younger siblings were enemies trying to take away my belongings.”
“Chairman Cho…”
“Perhaps my father said the same thing to me when the second child was born, and when the third was born. But then I was too young.”
For a moment, Jo Jung-sik was unable to speak.
It seemed like he was reminiscing about the past.
“Ever since I couldn’t even understand words, my father always talked to me. There is no one in the world to trust. And that trustworthy person naturally included his brother.”
“I see.”
“The day Namsik was first born. I took my father’s hand and went to the obstetrics and gynecology clinic where my mother was hospitalized. My father lifted me up and looked at the newborn boy through the window and said, He said that since you have one more competitor, think about how to behave in the future. haha···. Is this something you would say to a six-year-old?”
Hoyoung was very slightly surprised, but sincerely.
From the past, Myeongseong has been a company that advocates skill priority and competition priority.
It was a company rooted in the belief that development comes from fierce competition.
However, I never dreamed that Jo Hee-chang taught his sons such beliefs from an early age.
“And my father is not a talker. The words once spoken out of one’s mouth, whether bad or good, are unconditionally kept. After that, whenever Namsik did something well, I would take mine and give it to my younger brother.”
Jo Nam-shik became more and more furious.
Hoyoung pondered for a while whether to stop him, then decided to listen to him a little longer.
“We are four siblings, but my father always bought two toys. That toy, too, is to be given to only two out of four in a ridiculous contest.”
“then···.”
Hoyoung had no words to answer.
However, on the one hand, Jo Jung-sik began to understand.
‘Because they had a childhood like that, both Jo Jung-sik and Jo Nam-sik got twisted.’
Hoyoung suddenly had the idea that he wanted to meet the other two siblings besides these two.
Did he give up management rights because he couldn’t stand Cho Hee-chang’s brainwashing?
If not, is there any other meaning?
But now was not the time to satisfy his curiosity.
“haha. It’s the first time in my life I’ve said this to someone. For Hoyoung… There seems to be something magical about it.”
“Magic power?”
“yes. There is something that makes people believe. As I said before, my father told me never to trust anyone. Those words became the first conviction in my life. However···. I will make an exception for the first time today.”
Jo Jeong-sik slightly closed his eyes and opened them.
Seeing as his eyelids fluttered as he closed them, it seemed that he had a lot of mixed emotions.
“I believe in you. No, I want to believe. Can I trust Hoyoung?”
Hoyoung nodded slowly with a firm expression.
“yes. You can believe it. I will not add anything else.”
Jo Jung-sik stared at Ho-young for a moment, then smiled.
It was a bigger, more satisfying laugh than any Hoyoung had ever seen.
.
After a while.
Hoyoung, who finished a particularly long meal with Jo Jung-sik today, was lost in thought in the car on the way back.
Miru glanced at Hoyoung and said.
“You seem to have a lot on your mind. President?”
“yes. It’s a day full of random thoughts.”
“Are you really worried about the conversation with CEO Cho Jung-sik earlier?”
Hoyeong told Miru everything about the conversation she had with Jo Jungsik, so Miru already knew what was going on.
“yes. It is not used sparingly, it is used a lot.”
Miru nodded.
He didn’t hear it directly from Jo Jung-sik, but from Ho-yeong, but he seemed to understand Ho-yeong’s feelings.
Jo Jung-sik learns the story behind the Myeongseong family, and in the meantime, says he believes in Ho-young.
Hoyeong is strictly using Jo Jung-sik.
So, Hoyeong must also feel humane sympathy for Jo Jungsik, or remorse.
Miru, whose thoughts had gone this far, thought for a moment about what words would comfort Hoyoung before opening her mouth.
“President. Don’t worry too much. To be honest, what you are doing is neither illegal nor immoral. It is not like the president to worry about such things. There is no need to have human pity for Jo Jung-sik.”
Miru glanced at the back seat in the room mirror to see Hoyeong’s expression.
By the way···.
Hoyoung was making an absurd expression.
“What do you mean?”
“yes?”
“Human pity?”
Miru hesitated, not being able to respond right away to the unexpected reaction.
“Did you think I was worried because I felt sorry for Jo Jung-sik?”
“Ah yes. Your expression is serious.”
Hoyeong looked at Miru blankly for a moment, then giggled.
“Well···. I really appreciate your concern, but that’s not what I was worrying about.”
“sure?”
“Did my expression look so serious? I was thinking about how to use this story I already knew about to Nam-shik Jo in the most effective way?”
This time Miru’s face was stained with absurdity.
“haha···. Chairman is true. I don’t even know.”
“Well, isn’t it boring when a man is too easy?”
Hoyoung continued to giggle, and drove while looking straight ahead in embarrassment of procrastination.
“Chief. Anyway, thank you so much for your concern.”
“no.”
“Tomorrow and the day after tomorrow are vacations, right? Please be careful, and if you need a car, you can take this car with you. I have insurance anyway.”
“Then the president…”
“Don’t worry, I’m supposed to be picked up by Deputy Kim Jeong-gi.”
“thank you. Then I will not decline.”
Miru did not argue this time, and just accepted Hoyeong’s favor.
Because Hoyoung knew very well that he was a person who would never compromise on what he wanted to do.
.
.
.
a few days later
Hoyeong received a call from Jo Jungsik.
“president. How is the recruitment of our team going?”
– yes. It was as Hoyoung said. I never thought things could have gone this far under the water. I almost got into trouble.
“So, did you embrace product and life?”
– ha ha ha. who am i If I didn’t know, I might have been hit, but since I already knew, success was a given.
In fact, Hoyoung thought it was a little surprising.
Because I thought it would not be as easy as it sounds to capture them.
“How did you capture them?”
Jo Jung-sik was silent for a moment, then answered Ho-young’s words.
– There is a truth of life that I think. There is no business in front of money.
