Chapter 66 Length of a Claw 1
Oh Sehyun sent several emails. Checking the trends of short-term foreign investment could provide information on whether the exchange rate increase is a temporary phenomenon or not.
"Do-Jun, if the exchange rate keeps rising, do you plan to pay the acquisition fee in dollars?"
"We have to negotiate."
"What kind of negotiation?"
"We're trying to negotiate a significant reduction in the A-jin Group's acquisition fee by paying in dollars."
Oh Sehyun chuckled, tapping his forehead.
"Hahaha. That's right! What's the point of holding onto a gold nugget? You look like you're drowning. Throw the nugget and get a life jacket."
Dollar, as the reserve currency, is like blood for people. If blood doesn't flow, people tend to die.
The one holding the blood bag can freely withdraw the golden nugget from the pocket of the fallen one.
Oh Sehyun, who deals with money, couldn't be unaware of this fact.
"When the domestic foreign exchange reserves hit rock bottom, Do-Jun, you might become a savior, don't you think?"
"It's not me. It's my uncle, the representative of Miracle Investment."
I expected surprise, but instead, he smiled calmly. "Why? Are you too young to step up, or do you have hidden motives for not revealing your existence?"
The implication that he already guessed a lot makes me more flustered.
"What do you think the world will say if I have millions in cash? Illegal gifts, shady inheritances, and so on. The world will make a fuss."
"And you might not be able to avoid the watchful eyes of many."
"That's also true."
Even without precise words, we had already exchanged our thoughts.
I waited for Oh Sehyun's response with a calm gaze, and he nodded with a faint smile.
"For now, I'll be your puppet. Hold the reins as you wish and crack the whip. But time is not on your side. I'm in my fifties. At best, I have 5 years. After that, you'll have to run on your own, find your own puppet to replace me."
"What do you mean? Are you retiring at 55? Isn't that too early? You're still relatively young, aren't you? It's too soon."
"Fifty-five is just right. It might be a bit early for retirement... But working while having too much money. Would it be unfair if I don't have enough time to spend it? Haha."
Five years.
It's definitely not a long time. How much can I achieve in such a short time?
Should I let the old horse rest in the pasture and get a new one?
"Because you're more like a nephew than a client, that's why it's five years. In my heart, I want to retire and leave for a quiet island right now."
They nail it all the way. There is no extension of the role of a sacrificial lamb.
"Is it true?"
"Yes. Do-Jun saw it himself."
When Vice Chairman Jin Yeong-gi heard the information his son had provided, it felt like blood was flowing in reverse.
Didn't his father promise by patting his shoulders all the way to his study? But now he wants to change the group's control structure? His father had whispered sweet words in his ear, hiding it even from his eldest son.
Vice Chairman Jin Yeong-gi trembled with a sense of betrayal.
But his son is watching. He has a reason to regain his composure.
Jin Yeong-gi said it as if it were nothing.
"Well, if the automotive division is separated, it's like having chickenpox at least once. The overall framework may shake, but there's no need to worry too much."
"But, Father, if the stake that the automotive division held moves..."
"Oh, come on! Don't you worry. I'll take care of it. You should focus on Hando Steel... no, on normalizing the shipbuilding. Don't miss this opportunity to show your abilities to your grandfather."
"I understand."
As his son bowed and left, Jin Yeong-gi quickly took out his phone. "All members of the planning office, gather in the conference room."
He had to move quickly before Chairman Jin reached an unusual conclusion.
"Oh, this. I hope I'm not bothering someone busy."
"Don't mention it. I might get busier from now on, but I have to make time to have a meal with the CEO. Haha."
When President Jin Dong-gi opened the door to the president's office, he warmly welcomed him with a bright smile.
"But I'm still confused. Who benefits more if A-jin and Sunyang merge... Of course, Father must have handled it well, but I'm just saying."
"I agree. It's all happening so suddenly that I'm a bit surprised too."
Jin Dong-gi paid close attention to every expression and word of President Jo Dae-ho.
"When the divisions are separated, President Jo, you'll no longer have any connection to Sunyang, and I'm sure that must be disappointing for you."
President Jo Dae-ho smiled and looked at Jin Dong-gi as he spoke, his mouth slightly upturned.
"Are you sincere, or are you trying to test me? If it's the former, I'll be greatly disappointed."
As expected. His prediction was correct. Sunyang was devouring A-jin.
"What are you saying? You're kidding, right? I just mentioned it out of curiosity."
"President Jin."
"Yes?"
"I've served as the chairman's right hand for over 30 years. Do you know how many times I've contradicted the chairman during that long period?"
Due to President Jo Dae-ho's expression, which had lost its humor, Jin Dong-gi swallowed a dry gulp.
"It was when we first started the petroleum business. The Middle East was in turmoil due to a sudden war, and there was a crisis in oil supply. The chairman and I flew to Texas in a hurry. It was to contract Texas oil as quickly as possible."
Suddenly bringing up old tales of hardships is a sign of sincerity. By the time this story ends, President Jo Dae-ho will give a cold assessment of Jin Dong-gi.
"We entered a steakhouse after driving endlessly on the never-ending highway, and the weather was scorching, and our bodies were exhausted, so we had no appetite. The chairman ordered just one steak and suggested we share it. The smallest steak there was a whopping 600g."
"In the southern United States, you eat steak by the pound, haha."
"I disagreed. I suggested that each of us order one plate."
"Surely, that wasn't the only time you disagreed...?"
"Yes."
"Oh... Are you joking now? Oh!"