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Chapter 12 : Hanyeong Motors Han Juhyeong (5)
Chapter 12: Hanyeong Motors Han Juhyeong (5)
All weekend long, Lee Jaseong had stayed glued to Han Juhyeong’s side, continuing the coaching.
As if tutoring a college entrance exam student, he drilled him down to the finest steps of the plan, created presentation materials, and prepared answers to anticipated questions.
“Didn’t you say there’s a regular TF team meeting on Monday?”
Lee Jaseong asked after taking a sip of coffee. Han Juhyeong replied without taking his eyes off the laptop screen.
W е b̂_n óvе l Е́ n̆ ŭ_m̂ a
“Yeah. After that, the Chairman and the team leader usually have follow-up discussions.”
“Then let’s aim for that moment. When the two of them are together.”
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Han Juhyeong looked up.
“I get why my father matters since he’s the decision-maker, but why the team leader?”
“If we go with this strategy, the TF team’s existing plan will be completely overturned. The team leader’s authority will be taken away too. How do you think that’ll feel?”
“Bad, I guess?”
Ẃ еbṅ оv̈e l̆ Е̂_n̈ u m a
“Exactly. If we don’t get the support of the team leader who handles the practical work, no matter how good the strategy is, it’ll be hard to execute.”
Convinced, Han Juhyeong carried it out just as instructed.
“Chairman, may I have a moment of your time?”
The two had just finished talking and were organizing documents. The timing seemed perfect.
Dilarang mengopy novel dari Enuma.id.
“Alright. The meeting’s almost over, so wait just a bit.”
“Actually, there’s something I’d like to discuss with both of you regarding the acquisition.”
Е̄ n um̊а . īḋ
“The acquisition?”
Suspicious gazes from both of them flew over at the same time and stuck fast.
Normally, Han Juhyeong would have shrunk back a little, but today was different.
‘It’s warm!’
When he recalled Lee Jaseong, who had trampled him all weekend while mercilessly hurling biting remarks, his father’s suspicion felt like boundless affection by comparison.
“Yes. You know this too, Chairman. I’ve been interested in this matter even before the TF team was formed. I’ve thought it over in my own way during that time.”
Dilarang mengopy novel dari Enuma.id.
Chairman Han rubbed his chin in thought.
Normally, he wouldn’t have been eager to listen to his son’s clumsy proposal in front of the team leader, but……
‘This kid needs to realize that management reality isn’t easy. This is a good chance to give him a proper lesson.’
“Alright, then let’s hear it.”
“The acquisition battle is becoming too complicated right now.”
“Complicated, you say.”
W̄ еbn̄о̌ v̇ е̇l Е n u mа
“Yes. The bondholders will try to recover as much of their bonds as possible, and the labor union will demand employment succession. There will also be various opinions within the Yuseong Group. On top of that, we have to compete with rival companies.”
He steadied his breathing and recalled what Lee Jaseong had said.
Dilarang mengopy novel dari Enuma.id.
— This is the Gordian knot. You can’t untie it. You have to cut it.
“This is the Gordian knot. Countless stakeholders are tangled together, making it impossible to untangle. The only way is to cut it.”
For a moment, the Chairman and the team leader exchanged glances.
……So words like that can actually come out of his mouth?
Ẁе́bǹ_ō ṽ e l É nũmä
Feeling oddly drawn in, Chairman Han asked,
“So, are you saying there’s a way to cut this knot?”
“Yes. We induce Yuseong Steel to apply for court receivership.”
Cough.
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The team leader let out a startled cough as if choking and shouted in shock.
“What? Court receivership?! That’s far too extreme! It’s completely different from the acquisition strategy we’ve prepared so far…….”
Web n ӧvе̃l Еn̄üm̈ӑ
His voice was close to a scream.
Naturally so.
It was a proposal that reset weeks of preparation back to zero.
But Chairman Han raised his hand to stop him. At some point, his gaze had sharpened.
“Go on.”
Han Juhyeong swallowed hard.
Dilarang mengopy novel dari Enuma.id.
It worked!
His father was seriously considering his words.
“If we create the extreme situation of court receivership, we no longer need to persuade Yuseong Steel, the bondholders, and the labor union one by one.”
“Because we’d only need to consider the court?”
“Yes. That’s right.”
“Hm…….”
Ѐn̄ŭ m̈ӑ.і d
Chairman Han glanced sideways at the team leader.
The team leader’s face looked confused, but his upper body was unconsciously leaning forward. It was persuasive enough to draw even that reaction from him.
Dilarang mengopy novel dari Enuma.id.
“Alright. Everything sounds fine, but all of this rests on one premise. How exactly do you make Yuseong Steel apply for court receivership?”
Han Juhyeong’s heart began to pound rapidly.
It was the exact same question he had asked Lee Jaseong.
“We pressure Yuseong Steel. Through public opinion.”
Ẃе b̆ n.о vе̇ l Е́nǔ m̆a
“Well. Public opinion…… that’s easy to say. Even a decent PR strategist would struggle with that. How do you plan to do it?”
That doubt-laced question was also part of the expected script.
He laid down the final card he had prepared.
“Right now, there are tens of thousands of victims, but their firepower is dispersed.”
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“Dispersed firepower?”
“Institutional investors have large losses but are few in number, while individual investors have smaller losses but are many. So we’ll combine the firepower of both groups into one.”
Ѐ ñ um̆a_
Confidence crept into Han Juhyeong’s voice. He recalled what Lee Jaseong had said.
— File a class action lawsuit.
“Through a class action lawsuit.”
“What do you think?”
At Chairman Han’s question, the team leader who remained in the conference room paused to think.
“To be honest, I never expected this at all.”
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His initial flustered feelings spilled out first. Soon, however, his expression grew serious, followed by a calm evaluation.
“But it was persuasive. Isn’t it about dragging the situation onto a stage that’s advantageous to us? I see this as a strategic approach that goes beyond a simple merger and acquisition.”
Chairman Han nodded deeply. Both of them knew it.
Yuseong Steel was likely already considering a court receivership strategy internally.
With four affiliates already under court receivership, adding one more—Yuseong Steel—wouldn’t be a difficult decision for them.
“If we pressure them through public opinion…… if I were the Chairman of the Yuseong Group, I’d apply for court receivership in that situation too. And from our standpoint, isn’t this a card that doesn’t matter even if it fails?”
Е̃nú m а̊.і̂ d́
Chairman Han nodded.
“That’s true. If it fails, we can just proceed with the original plan. But if it works, we might get a quick solution.”
Dilarang mengopy novel dari Enuma.id.
“Then shall we entrust this to Executive Director Han?”
“Hm.”
Chairman Han swallowed.
The team leader already looked completely won over, but Chairman Han knew his son well.
Е̃_n̊ um̈а̂
‘There’s no way this kid could be this meticulous…….’
Various strategies were discussed back and forth, but the core was one thing.
‘Simplification strategy.’
Unify the decision-making channel to the court and bind the victims into one through a class action lawsuit.
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No matter how he thought about it, this wasn’t a strategy that would normally come out of his son’s head.
It was on a completely different level from the decision-making patterns his son had shown so far.
Ѐ n̂ ümа̇
It felt like someone had helped him. But even that wasn’t bad.
No matter who had helped, the results were good.
‘Hmm. Should I let him take charge of the team?’
With a backup plan in place, it seemed worth entrusting it to him once.
He was also curious what kind of leadership his son would show in leading the team.
“Let’s do that. However, as I said, we need a backup plan, so keep your team as it is.”
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“Of course.”
The team leader nodded, smiled, and casually offered praise.
“Chairman. You must feel reassured. Executive Director Han really pulled something off.”
“Ahem.”
Feeling awkward, Chairman Han cleared his throat and thought,
‘I should find out who’s sticking close to Juhyeong.’
Еnû m̄_a . і d̆
Penthouse.
Guests began to arrive at Lee Jaseong’s penthouse, which had been quiet and empty until then.
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“Our old man keeps pretending otherwise, but he totally fell for it. The team leader side went over smoothly too!”
Looking at Han Juhyeong confidently occupying the living room sofa, Lee Jaseong let out a sigh.
‘I wish the office interior would be finished soon.’
Maybe the office could open around the time the Yuseong Group was dismantled.
W̌ е̇bǹ о́ v̄ еľ Ӗ n u̇mа
There wasn’t much time left.
The plan was progressing steadily.
Since Hanyeong Motors Group had already made its decision as the buyer, the situation now was one where only the seller needed to be forcibly brought to the table.
Han Juhyeong asked.
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“So now all I have to do is target the court?”
“That’s right. Your role is important. The practitioners will draft the acquisition proposal, but in the end, it only works if you set the stage.”
Е n û m̊_ӓ . ǐ d̄
“So you’re saying I should attack the decision-maker so the practitioners can move?”
Lee Jaseong slightly raised the corner of his mouth.
There were still frustrating parts, but it wasn’t that he couldn’t communicate at all. Only now did it look like he was finally learning something.
“That’s right. And take this opportunity to inherit the Chairman’s network.”
“……!”
Han Juhyeong looked at Lee Jaseong with startled eyes.
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He had pinpointed the decisive part of succession.
Network succession.
It was the most important yet often overlooked aspect of corporate succession.
Overshadowed by flashy credentials and management performance, yet in reality the most critical element.
Long-built relationships of trust were the true driving force that moved corporations.
Especially in this situation, it was a perfect opportunity to inherit such networks.
Е ñ u m̄ à
The legal world, the bondholders, even the financial sector.
By carrying out the project, he could naturally take over the connections Chairman Han had built.
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Then suddenly, Han Juhyeong thought it would be a waste to end the consulting after just this acquisition project.
Even if his personality was terrible, Lee Jaseong was undeniably capable.
Han Juhyeong spoke with frank admiration.
“Hey, but you’re really good at consulting.”
Е̂ n û mа̂
“I know.”
“…….”
What an annoying bastard.
Grumbling, Han Juhyeong asked.
Dilarang mengopy novel dari Enuma.id.
“Then what are you going to do?”
“I’ll pressure Yuseong Steel to apply for court receivership.”
Е̊nu m̌а̌ . ī d
“With a class action lawsuit, right? But is that even possible? In the end, institutional investors and individual investors have to unite, but they’re totally different in nature. Is there a way?”
Lee Jaseong raised his wrist and checked the time.
“Just joining forces briefly will be enough. It’s about time anyway…….”
“Who’s coming?”
“The representative of the institutional investors.”
Right on cue, the doorbell rang. When the front door opened, Seo Minjae walked in.
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Han Juhyeong’s eyes widened.
“Seo Minjae?”
“It’s been a while, Han Juhyeong. Was the last time we met at that hotel?”
“Huh? Now that you mention it…….”
That day at the hotel, when Lee Jaseong had called people over, the two of them had been together as well.
It had been Seo Minjae who contacted Han Juhyeong to come there.
Еnu m̃а.і̌ d̀
Han Juhyeong alternated his gaze between the two.
Lee Jaseong and Seo Minjae.
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Seo Minjae and Lee Jaseong.
The illegitimate child of Seoseong Securities, pushed out of succession, just happened to be the bondholders’ representative?
Somehow, it felt like a familiar scent…….
“Hey, you too?”
Е̃ n̊ üṁӓ
Seo Minjae grinned.
Lee Jaseong assigned clear roles to the people participating in the strategy.
Han Juhyeong was the buyer, Seo Minjae the sales agent, and the product was the Yuseong Group.
In this elaborate game of house, the role Lee Jaseong took on was that of a broker.
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The one who connected all stakeholders.
“Han Juhyeong, you handle the court. Adjust the conditions so the court receivership procedure works in Hanyeong Motors’ favor. And Seo Minjae, persuade the bondholders to unite with the individual investors. I’ll go meet the individual investors.”
Е̄ ñ ú m̈ а̂ . іd̊
At the last words, both of them flinched.
“You mean the victims when you say individual investors?”
“You’re not seriously planning to go see the victims yourself, are you?”
“That’s right. Why?”
A confident attitude, as if asking what the problem was.
The two of them cursed him with their eyes.
Dilarang mengopy novel dari Enuma.id.
‘Why ask something so obvious!’
‘With that mouth, you’re going to flip the victims’ emotions upside down!’
Han Juhyeong pointed it out.
“It was your group that committed fraud. If someone from the Yuseong family goes, you’ll get chased out immediately.”
“I know. That’s why I’m going.”
“……Why on earth do you want to start by provoking them?”
Еṅ ǔ m̊à
Fierce opposition.
But it didn’t get through to Lee Jaseong at all.
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‘This is the right way to do it.’
It was precisely because he was from the Yuseong family that he was going to see the victims.
He still had a debt to settle.
50 billion won.
W̃ еb n̆ о v́ ӗ l̂ Е̇ n u m̀a
After settling everything, the remaining assets amounted to 50 billion won.
And that 50 billion won was not something he had earned through his own efforts, but a privilege bestowed by the Yuseong Group.
Lee Jaseong was fully aware of this fact.
Then, regarding the damage caused by the Yuseong Group, a corresponding debt arose in proportion to the benefits he had received.
Dilarang mengopy novel dari Enuma.id.
Out of pride alone, Lee Jaseong could not simply let that slide.
He calculated an appropriate scope of compensation.
Е n u̇_m̃а̄
‘Taking responsibility for about 50 billion won should be enough.’
That was well within the limits of his ability.
If Yuseong Steel were sold and the group dismantled, the compensation flowing to individual investors would naturally increase as well.
That was one more reason to sell Yuseong Steel.
Lee Jaseong turned on his laptop and typed “Yuseong Securities victims” into the search bar.
Posts condemning Yuseong Securities flooded the screen.
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Lee Jaseong clicked on the top post.
People who suffered losses investing in Yuseong Securities
I had a fund, so I thought I should cancel it and called, but they said it wasn’t a fund, it was an investment in corporate bonds…… those bonds were Yuseong Group corporate bonds that have been making demonstrations lately.
I clearly heard from the employee that it was a fund. What is going on?
It’s over ten million won… what should I do.
Comments followed one after another.
Еnũ m̄ а
Did they deceive people by calling a corporate bond investment a fund?
└ I called and they just said it was explained as corporate bonds ㅜㅜ.
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└ I visited the branch yesterday and it was like a marketplace~ total chaos~
I have over ten million won in Yuseong Life…… this is protected by deposit insurance, right?
This is the address of the victims’ group café. Please get lots of information and let’s be sure to protect our rights.
With an expressionless face, Lee Jaseong skimmed through the post, accessed the café address he found in the comments, and then called the contact number listed on the board.
W̌ е b n öv̌е́l̊ Е́ ń ũm̄ ǎ
Trrr.
The call connected after a single ring.
— Yes. Hello.
“Hello. I’m calling after seeing the Yuseong Securities victims’ café.”
Dilarang mengopy novel dari Enuma.id.
— Ah! Yes, yes. Thank you for calling. Are you a victim?
At that, Lee Jaseong hesitated briefly before answering.
Ẽn̊ um̈ã .їd̊
“No. I’m a perpetrator.”
— ……Excuse me?
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