[Episode 63] Accepting the merger
All of a sudden, things changed.
It has been less than two days since Daehan Steel received a notice of disqualification from the subject.
Moon Jae-shin was sitting at Nuri’s headquarters, and Shin Woo-cheol put the contract on the table.
“Is it really okay to proceed with the merger as it is, CEO Moon?”
“Don’t go on like this.”
It was a merger between a company and a company.
If Myeongsan was sold elsewhere, he could receive at least billions of dollars, but Moon Jae-shin gave up all the profits.
Because it was a matter of handing over the entire famous mountain to Siwoo Lee without receiving a single penny.
From Shin Woo-cheol’s point of view, it was neither a good thing nor a bad thing.
Moon Jae-shin and Lee Si-woo were precious friends and nephews to him.
But there was also something embarrassing.
“I’m selling the business, but I’m not getting a penny… … .”
“Because Kim believes in CEO Lee, I have to push him firmly. Now our generation is over.”
“This is my friend… … .”
He looked at Moon Jae-shin with a sad expression.
Although the value of the famous mountain has now been handed over without receiving a single penny, it is believed that Shi-woo Lee would return it to Mun Kwang-woon on a larger scale than the original mountain.
“Attorney Shin, let’s proceed.”
“… Okay.”
Shin Woo-cheol, who took the position as a lawyer to notarize, took the contract signed by the two of them.
“I will handle the matter of the merger and acquisition.”
“And one more thing, I want to officially register Moon Jae-shin as the deputy president of Nuri.”
“… What do you think?”
Moon Jae-shin shook his head when he said that he would give him the title of deputy representative.
Because I want to step down from the position of the CEO and move in a position where there is no pressure.
“Just moving is enough.”
“I want you to accept it. After all, the CEO has to take charge of all matters related to the scrap metal business.”
Although the merger was hastily, the details had already been agreed upon.
Having many branches is not a good thing.
So Si-woo Lee decided to take care of one of the three yards of Myeongsan.
In the case of the guillotine in the yard to be sold, it was planned to be placed next to Nuri’s crushing plant.
“… I have already failed once.”
“You must not think that you have failed. It is not because the CEO lacks business acumen.”
The merger didn’t change anything.
Because Siwoo Lee will move on the waste side like now.
“I will do as the president wants.”
No matter how persuasive he was, Siwoo Lee was a person who would not break his stubbornness.
Knowing that fact, Jae-Shin Moon accepted all of his proposals.
“I will own 50% of the shares, and CEO Moon will own 35%. The remaining 15% is given to the directors Piljoong Kang, Junsik Jin, and Eunsoo Jin. Do you agree?”
In the sense of working responsibly, Si-woo Lee and Jae-shin Moon discussed the distribution of stocks to be listed in the future.
The eyes of the three people standing in the office at the place of the merger widened.
“I agree.”
By absorbing and merging huge famous mountains, the enjoyment had to change even more enormously.
Even if it feels like a worthless stock now, it could have been much more valuable later on.
That was the meaning of the promise.
The deal was made at the risk of Moon Kwang-woon’s future.
So, I wanted to show Moon Jae-shin a proof.
As Moon Jae-shin agreed to the issue of share distribution, Shin Woo-cheol, who was watching, announced in a calm voice to those sitting here.
“It tells you that all conversations are being recorded.”
A 60% stake was given to the people of Nuri and a 40% stake to the people of Myeongsan.
If Nuri goes bankrupt, these stocks become trash.
However, if it goes according to Siwoo Lee’s plan, he will be able to exert a great influence in the future.
“With this, the merger between Nuri Recycling and Myeongsan Steel has been concluded.”
Finally, once again, the two representatives accepted the merger.
At Shin Woo-cheol’s words, Lee Si-woo stood up and held out his hand.
“I wish you all the best in the future, Vice President Moon Jae-shin.”
“I will do my best to lead Nuri, CEO.”
Moon Jae-shin nodded, holding his outstretched hand strongly.
* * *
It was a task that had to be integrated into two companies with different tendencies.
At first, I thought it was normal to squeak.
However, Siwoo Lee’s concerns were mere concerns.
Kang Pil-joong and Jin Jun-sik had already worked together.
Until recently, they actively collaborated and moved together in their respective fields.
“Huh, dismantling and moving the Guillotine is not easy, Director Jin.”
“First of all, it is a large and heavy machine. The dismantling ended sooner than expected. Whoops.”
“Still, it must have been a point of affection… It is a pity that it was sold like this.”
Kang Pil-joong, who had greased his work clothes and took off his work gloves filled with oil, showed an apologetic expression.
It would have been nice to be able to take all the branches of Myeongsan.
But it required choice and concentration.
Managing five branches was unreasonable.
“It’s not that sad. Of course, I managed all the branches in Myeongsan, but to be honest, there was only one branch that I really had a crush on.”
“okay. But I heard that many of Myungsan’s employees are quitting… Are you okay?”
The employees were going to take over as it is, but there was Moon Jae-shin’s argument that they should be given a choice.
Moon Jae-shin and Jin Jun-sik were already expecting it.
In particular, the employees here and at other branches were already submerged.
The manager alone would not have been able to hide the waste among the scrap metal.
“We just need to hire a new employee. There is no problem at all, Director Kang.”
Kang Pil-joong gave a bitter expression to Jin Jun-sik’s cold voice.
“… … .”
“Even if it wasn’t for this opportunity, the water change is a must. We need to select new employees more clearly.”
Those who believed betrayed them.
That too right.
However, Moon Jae-shin and Jin Jun-sik thought that they learned at a high price this time.
“And our representative is right. When you have five branches, it becomes difficult to manage.”
As soon as the merger proceeded, Jun-sik Jin no longer called Si-woo Lee by the title of CEO Lee.
Now the company he belonged to was Nuri.
“By the way, I won’t be able to run the guillotine until the civil engineering work is done.”
“The land on which the shredder is located is huge. The horse is 15,000 pyeong, and if the mountain is cut in steps, more space can be used.”
The headquarters of Myeongsan had an area of about 3,000 pyeong.
And this branch, to be sold soon, was about 1,500 pyeong.
It was decided to proceed with the leveling of the delayed land while proceeding with the civil engineering work of guillotine.
If all civil engineering works were completed, it would have been possible to print scrap metal comfortably with a size of at least 4,000 pyeong.
“The two guillotines will run non-stop. Even if Hana stops operating, it won’t do much damage to Nuri.”
“Since I focus on waste, my knowledge on scrap metal is thin.”
He had no experience running a guillotine.
In that sense, I was convinced that the joining of Jin Jun-sik and Moon Jae-shin would be of great help to Nuri.
“You just have to learn it step by step. Director Kang will be able to do well enough.”
The two erased their hard expressions and smiled faintly.
Jin Jun-sik was also upset that he was passing over the famous mountain in its entirety without payment.
However, Si-woo Lee gave more than the sale funds.
“If we work together, the day will come when Mt. At that time, I may not be the target.”
“… Director Kang, do you think a real representative will be able to establish a steel mill?”
“Of course. Our representatives have already shown us a lot. So, I want you to trust me.”
You can’t force blind faith.
Nuri’s employees have seen Siwoo Lee’s talent right next to him.
However, Jin Jun-sik and Moon Jae-shin only knew Lee Si-woo in a fragmentary way.
“When Director Kang says that, I feel more at ease.”
“If you watch closely, you will find out.”
The week-long guillotine dismantling work was completed.
Kang Pil-joong and Jin Jun-sik, who worked on all the work together, looked at each other and smiled.
“If nothing is going on today, can you spare some time?”
“There are no special appointments.”
“Then let’s have a drink. The representative gave me a corporate card.”
I knew what Siwoo Lee values important.
Bonds and trust between employees were essential.
And Kang Pil-joong tried to maintain a close relationship with Jin Jun-sik.
“good. Let’s go take a shower.”
* * *
When the two men finished their work and were about to leave, all the workers at the shredder had already left their jobs.
Siwoo Lee, the person who kept the office until the very end, turned his head.
“Chief, aren’t you off work?”
“The CEO hasn’t left work yet, so I can’t leave first.”
For a week, Moon Jae-shin was trying to keep his sense of work while helping the shredder.
Gangdong Steel has not yet designated Nuri as a target.
Procedures and processes were necessary.
I just believed in Won Jae-joon’s promise to finish it by the end of next week and waited.
“How about a drink while it’s been like this?”
“I am good.”
“Then go wash up.”
Getting ready to leave, I turned off the lights in the office.
It was the first time I sat alone with Moon Jae-shin.
Siwoo Lee came into the restaurant and ordered.
“Are you bored of sitting in the office with nothing to do?”
“It hurts my body, but I am still in the office without worries after a long time, so it is comfortable. haha.”
“Now, I will be busy when I get the qualifications for the Gangdong Works. Get some rest now.”
Moon Jae-shin laughed.
“How much work are you trying to give me?”
“As many as possible. Whoops.”
Although he is old, Moon Jae-shin was an experienced person who had worked with responsibility in the position of the CEO for a long time.
He could be said to be a veteran of the junk trade world.
We couldn’t keep such a person permanently in the office.
“this… Even if I step down as representative, I will have a lot of work to do.”
“Actually, wouldn’t it be more accurate to say that only the rank is a vice-representative and a co-representative? I just have to focus on the waste business.”
“If I have to do something, I have to do it responsibly. The CEO even gave me a share.”
“Still, it’s a worthless stock now.”
“Can it be said that it is worthless even after two years have passed? I wonder where Nuri will stand when Kwangwoon is discharged.”
A lot of things would probably change.
It was one of the two.
Does it not grow and stays in place, or does it grow bigger?
Siwoo Lee could speak confidently.
“Maybe I’m in a better position than I am now?”
With a smile on his face, Siwoo Lee handed him a glass of soju.
“If you have a clear vision, you have to do anything. I will do the best I can to nurture Nuri.”
“This is possible only when all the employees see the same point and move with one accord.”
“The responsibility of me and the representative will be greater.”
“Are you not confident?”
“Confidence is always full.”
Si-woo Lee, who smashed a glass and poured soju into his mouth, looked at Jae-shin Moon.
“Why do you see it that way?”
“Just. I feel reassured to see the vice president in front of me all of a sudden.”
“That’s a good thing.”
“By now, Director Jin and Director Kang may also have a drinking party.”
“Isa Jin and Isa Kang, don’t worry about the two of you. They are the ones who are most likely to be killed.”
