The anchor was also surprised and asked.
-The Prime Minister?
-Yes. Chairman Shin Hyun-ho is known to have a close personal relationship with the Prime Minister, but recently the Prime Minister made a remark that seemed to target the chaebols. Letâs listen to it.
Along with the professorâs words, a small screen in the studio showed the scene of the Prime Ministerâs speech.
-In order to become a more competitive Korea in the global era, the large corporations must take the lead in transparent reform. To do this, they must first convert to a holding company system andâŠ
As the screen turned off, the anchor said in a puzzled voice.
-The demand for transparent reform has been ongoing in this administration, but why now?
-I canât be sure. But itâs a fact that the Prime Minister gained power from Chairman Shin Hyun-hoâs decision. Thanks to that, he can also delay the lame duck of the regime.
-Thatâs an interesting perspective. Of course, itâs not certain, right?
-Yes. Itâs just a guess. Itâs so unusual for Chairman Shin Hyun-ho to step up. Haha.
Behind the professor who smiled lightly, Vice President Shin Kyung-wook spoke out.
âWhy are you staring at me?â
âYou didnât empty your glass.â
âIf youâre worried about me, donât be. They have nothing to do with me.â
Vice President Shin Kyung-wook emptied his glass nonchalantly, and Yoo-hyun guessed his thoughts.
âYou think Chairman Shin made the decision to sort out the shares held by Mrs. Hongâs side, right?â
âThatâs probably right.â
âIsnât that too big of a sacrifice? It seems like the Prime Ministerâs pressure also influenced him, as the professor said.â
The fuse of the bomb was spread to the Russian media by Director Lee Jun-il.
No matter how outstanding Congressman Heo Jeong-roâs Russian connections were, he couldnât completely stop it.
As a result, Mrs. Hong Jin-hee, who laundered a large amount of money in collusion with Congressman Heo Jeong-ro, was in hot water.
The Prime Minister was the one who covered it up for her.
From this point of view, Chairman Shin Hyun-hoâs move also made sense.
He couldnât afford to clash with Congressman Heo Jeong-ro, the next presidential candidate, and he couldnât expose the internal corruption to the public, so he gave a political price.
But Vice President Shin Kyung-wook shook his head.
âThere was no clear evidence. It was a level that could be silenced with money. And Chairman Shin is not a weak person who would succumb to the Prime Ministerâs pressure.â
âBut isnât it more reasonable than saying that Mrs. Hong, who embezzled the companyâs funds, was wicked and decided to do it?â
âItâs not an impulsive decision. Chairman Shin treats the company as his own body. He wouldnât do that.â
âThen what?â
Yoo-hyun asked and Vice President Shin Kyung-wook calmly answered.
âHe prepared for at least a year.â
âA yearâŠâ
For a moment, Yoo-hyunâs mind flashed back to the temporary shareholdersâ meeting of Elliott and Vice President Son Tae-beomâs reform plan last year.
âDid he prepare since then?â
That meant that Chairman Shin Hyun-ho had seen through Shin Kyung-sooâs scheme from the beginning.
He didnât step back from the front line, but he was controlling everything from behind.
As his thoughts reached that far, Yoo-hyun felt a chill down his spine.
This was something that never happened in the past.
When did he change?
Yoo-hyun quickly retraced the parts he missed.
The current affairs program was nearing its end.
-Professor, there was a meaningful remark in the Q&A after the press conference, right?
-Yes. Thatâs right. It was a question about the acquisition of Shinwa Semiconductor, and Chairman Shin Hyun-ho did not deny it, but said he would look into it after the holding company restructuring was done.
-Five years ago, Chairman Shin Hyun-ho, who had a bitter taste in the acquisition, did not show a negative reaction, which is meaningful, what do you think is the reason?
-I think both the holding company restructuring and the Shinwa Semiconductor acquisition are part of the succession of management rights.
-Succession of management rights?
-Yes. His eldest son, Vice President Shin Kyung-wook, made a great contribution by spinning off Hansung Display. He is now actively involved in the acquisition of Shinwa Semiconductor.
-Yes. We covered that in the last program.
-As I mentioned then, if he succeeds, he will accomplish what Chairman Shin Hyun-ho couldnât. The opposing shareholders will have no reason to object.
Vice President Shin Kyung-wook snorted.
âThatâs quite grand. I donât care much about it.â
âItâs inevitable that different perspectives will arise as you walk the path. Itâs not a bad perspective, is it?â
âIt would be if it were someone else. But what about Kyung-soo, who saw this?â
Before Yoo-hyun could answer, the anchor asked.
-If what the professor said is true, it would be hard for the second son, Director Shin Kyung-soo, right?
-Director Shin Kyung-soo is a famous M&A specialist in Wall Street. He must know the problems that will arise when the giant Shinwa Semiconductor is acquired by Hansung, which is a holding company system.
-You mean he will have a different opinion on the acquisition of Shinwa Semiconductor.
-Yes. He has no choice. Itâs a matter of the companyâs survival.
-Then Director Shin Kyung-soo should come to Korea, right? When do you think that will be?
Despite the difficult question, the professor gave his opinion right away.
It was an answer that showed that he had thought a lot about this part.
-Even if Chairman Shin Hyun-ho postpones the acquisition schedule, there wonât be enough time to prepare. I expect him to come in by the first half of next year at the latest.
-That will be an interesting point to watch. Iâll have to pay attention to that.
As the anchorâs words ended, Yoo-hyun smirked at the screen.
âThey seem to know all the answers.â
âYeah. Now everyone in the world will know.â
âDoes it bother you?â
âWhat does it matter? I just have to do my job, right?â
âThatâs the right answer.â
Yoo-hyun smiled and held out his glass.
He turned off the TV and drank with Vice President Shin Kyung-wook.
The stories that happened in the US and the stories that happened inside Hansung during that time piled up as the glasses emptied.
The two men who filled the gap of two weeks with conversation moved the topic to the future.
Yoo-hyunâs mouth spilled out the direction that Hansung Group should go in the future.
âI think Hansung Group shouldâŠâ
âI agree with you. But from the groupâs perspectiveâŠâ
Vice President Shin Kyung-wook nodded his head, but expressed a different thought.
They had different opinions on the groupâs future after the acquisition of Shinwa Semiconductor.
There were quite a few discrepancies, but there was no problem in coordinating them.
Because they had the same essence.
The reason why they wanted to acquire Shinwa Semiconductor and secure the companyâs competitiveness.
It was for the sake of the colleagues who worked together.
Vice President Shin Kyung-wook chuckled as he confirmed Yoo-hyunâs will.
âYou really have a different side to you.â
âWhat is it?â
âDonât most people work for their own benefit? But why do you always mention your colleagues first?â
-Whatâs the point of succeeding alone? You abandoned everyone and became obsessed with success. What are you trying to gain by doing that?
Yoo-hyun answered sincerely in front of the question that was completely different from the past.
âWouldnât it be nice to live well together? I believe that will make me better too.â
âYou think expanding the pie will increase your share, donât you?â
âYes. And I will also enjoy the pleasure of sharing with others.â
âYou really have a hard time, donât you?â
Shin Kyung-wook, the vice president, clicked his tongue at Yoo-hyunâs good-natured answer.
Their conversation lasted until late at night.
Drrrr.
After sending off the vice president, Yoo-hyun lifted the blinds.
He could see the vice presidentâs car leaving the building.
Yoo-hyun watched the car fade away and recalled the promise the vice president had made.
-I will make a company where the colleagues who work with you can show their abilities in a good environment, as you wish. So please stay with me.
Yoo-hyunâs help for the vice president was not only because he owed him a lot in the past.
He had an amazing insight and, more importantly, he cared for his employees sincerely.
That heart became a milestone for Yoo-hyun, who was starting a new life.
There was no reason to go a different way when they had the same goal.
âAs long as my heart doesnât change, I will stay with you until the end.â
Yoo-hyun strengthened his will as he looked at the car that became a dot.
The business trip in the U.S. was quite long, as he could tell by the changed weather. freeđ€ebnovel.com
Yoo-hyun, who wore a jumper in the slightly chilly weather, headed to work.
He had a lot of luggage today, so he moved by car.
Park Doo-sik, the manager who returned to Korea earlier than Yoo-hyun, spoke through the speaker.
-Shin Kyung-soo, the director, moved Elliot, but Shin Hyun-ho, the chairman, didnât budge. Thatâs the rumor.
âHow did you know that? It wasnât even on the news.â
-I have some connections on Wall Street. I also met some people through the vice president. I heard some stories while having dinner.
âI see. The director must have been embarrassed.â
-Embarrassed or not. He gave up SG Bio, Elliot didnât work, and if he becomes a holding company, he will have to give up his stake. He must be so frustrated that he wants to die.
âI guess so. He must have been shaken a lot.â
Shin Kyung-soo had also tried to push for a temporary shareholdersâ meeting using Elliot last year, but failed.
He also used Elliot and failed this time, but the situation was different.
He lost everything without being able to get any benefits or make any conditions while retreating.
He gave up SG Bio, which he had acquired with a lot of money, hoping for a reversal, but that was all in the palm of Chairman Shin Hyun-ho.
Now that all his moves were blocked, what would his expression be?
As Yoo-hyun thought about it, Park Doo-sik mentioned another part.
-Have you heard about the Royal Family?
âA little. I heard that they made them all step down from the front line.â
-Ah, Hong Jin-hee, the lady, is a lady, but Shin Mi-kyung, the president, is also involved in corruption and is going to resign.
âReally? Then who will be the president of Hansung Department Store?â
-I donât know yet. But it will soon show its outline.
Chairman Shin Hyun-hoâs personality had a fiery side to it.
He even kicked out his only daughter.
It was something he could never see from him in the past.
This fact naturally led to another news.
-And now this part is not under the group strategy office. The group strategy office was disbanded.
âAlready?â
-Itâs practically like that. What happened wasâŠ
The Royal Family was hit, and there was no way the group strategy office, which assisted them, could survive.
The group strategy office, which had maintained its independence, went into the group operation headquarters.
It changed to a normal decision-making system like any other organization.
The head of the office flew away, and only the responsibilities were fragmented.
What about the executives?
The answer was given by Park Doo-sik.
-Yoon Joo-tak, the vice president, quietly stepped down, so I guess there was a deal behind it.
âHe must have spit out the money he smuggled overseas.â
-Or he might have more leverage on the Royal Family. Anyway, Song Hyun-seung, the senior manager, and the two of them took off their clothes. Oh, and Lim Dong-chan, the executive director.
The three people mentioned by Park Doo-sik were all related to the Russian corruption.
They deserved to be hit by Chairman Shin Hyun-ho, who openly defied his eyes.
âI see. What about the others?â
-Joo Jae-oh, the executive director, and Choi Sang-hyun, the executive director, moved to affiliates. They seem to have no energy to seek a reversal.
âWhy?â
-They must have been harassed by the Royal Family. And they are being called traitors in the meantime.
Joo Jae-oh, who dreamed of becoming the head of the group strategy office, ended his ambition before it even bloomed.
Yoo-hyun mentioned his end with a regretful voice.
âThatâs too bad.â
-Your voice doesnât sound like it.
âI feel a little guilty.â
-What do you have to feel guilty about? They played their cards without knowing an inch ahead.
It wasnât a part to care about, so Yoo-hyun shrugged it off.
Instead, he asked about the well-being of the person he was most curious about.
âWhat about Lee Joon-il, the manager?â
-Thereâs been no news at all since he hid himself last time. The same goes for the employees who disappeared with him.
âHe must have completely hidden his appearance.â
-It seems so. Considering the money he scattered when he left, he wonât be caught. Heâs meticulous and planned.
As Park Doo-sik spoke, Yoo-hyun remembered what Nadoha had said a while ago.