Max-Level Son of a Chaebol Family - Chapter 62

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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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62. I Take Care of My Own Share

 

At that time, Secretary Kim had come to see me.

 

It was because of his promise to return after handling urgent matters first.

 

I conveyed my business to him.

 

“I want to establish an investment company. Please help me.”

 

“An investment company?”

 

“Yes. An investment company that can slightly conceal my identity, one that leaves no traces.”

 

In Korean society, there exists a sense of trust that comes with age.

 

I’m currently just a seven-year-old child.

 

It meant there were many obstacles to stepping forward and moving money and power.

 

But if I put an investment company at the forefront? No problem!

 

“Will Young Master be operating it directly?”

 

“Yes.”

 

Of course, I’ll need a figurehead president.

 

“That’s not as easy as it sounds.”

 

“Even so, it won’t be particularly difficult, will it?”

 

It’s not like I’ve only operated investment companies once or twice.

 

This was exactly my specialty in the past.

 

The problem was that for a typical investment company, the means and methods, as well as the items we dealt with, often crossed between illegal and semi-legal territory.

 

But now I’ve become a person of Taeseong Group, so unlike the past, I should operate in a refined and clean manner, right?

 

“How do you plan to operate the company?”

 

“I’ll run it on a small scale for the time being.”

 

That is, until I acquire a company.

 

“If you’re planning to gain company management experience in advance while earning pocket money, there’s no need to establish an investment company—you could simply use nominee stocks and small-scale diversified investments.”

 

“The scale will probably be quite large for a child’s pocket money. Nominee stocks and small-scale diversified investments won’t do.”

 

My name has to be on it for me to claim my rights.

 

I trust documents over words, and among documents, I trust official documents certified by the state.

 

There’s another reason.

 

“I’m planning to do money laundering.”

 

Secretary Kim seems to find the term Money Laundering interesting.

 

“Would Young Master really have any need for Money Laundering?”

 

“I’m thinking of swallowing up a fairly large company.”

 

He seems even more excited at the mention of acquiring a large company.

 

“I want to become a major shareholder of my own company, with my own stake, my own money invested, without being checked by other people in Taeseong Group.”

 

Even if Taeseong Group collapses, even if Father loses the management rights battle and gets pushed to the back room!

 

I must secure my own company and my own Rice Bowl myself.

 

I’ve always lived that way.

 

“What kind of company are you planning to acquire?”

 

“Korea Oil Corporation.”

 

“Excuse me?”

 

Secretary Kim’s pupils shook greatly as if an earthquake had struck.

 

“Invest in Bank establishment through an Investment Company, then acquire Korea Oil Corporation with investment from the Bank. That’s my goal.”

 

Secretary Kim spoke cautiously.

 

“How much do you think the acquisition funds for Korea Oil Corporation would be? Even selling several of Taeseong’s Affiliated Companies wouldn’t be enough.”

 

“That would be true if we tried to buy it at full price right now.”

 

But when Korea Oil Corporation came on the market, it was right after the Second Oil Crisis.

 

“50% of Korea Oil Corporation’s shares are owned by Gulf Oil, an American oil refining company. They would never try to hand over what they have at a bargain price.”

 

When America’s Gulf Oil has no more capacity to endure due to the consecutive oil shocks.

 

When they’re ready to throw up their hands and dump a small country’s company.

 

That’s when I plan to buy Korea Oil Corporation at a bargain price.

 

But there’s no way to explain this?

 

“I’m going to get Bank investment.”

 

“That alone won’t be enough. Korea Oil Corporation is a dinosaur company.”

 

Don’t I know that.

 

‘This time Taeseong won major national construction projects like the Subway Line 2 construction and Gangnam Express Bus Terminal construction. Just by reselling the development land and land near the stations for market price differences, we should be able to handle quite a sum of money.’

 

The expected bidding amount for Subway Line 2 exceeds a whopping 180 billion won.

 

If we add the road and commercial construction for Gangnam Seoul Express Bus Terminal on top of that?

 

I didn’t know for sure, but we could make even more money than Wookwang Construction did in the past.

 

“We’ll solve the insufficient funds with foreign loans.”

 

In the past, the company that acquired Korea Oil Corporation was Samhwang Group.

 

Samhwang Group solved the 50% stake price that Gulf Oil put up, 100 million US Dollars, with foreign loans.

 

It was an incident that turned the Republic of Korea upside down, receiving that an ant had swallowed a dinosaur.

 

The foreign loans that Samhwang Group secured were precisely Saudi Arabia’s oil money.

 

‘It’s worth trying. If Samhwang Group could do it, there’s no reason I can’t.’

 

I heard it on Year-End Night.

 

When Samhwang Oil people went to Saudi Arabia, the Saudi Royal Family that wouldn’t even grant them an audience was treating Father as a state guest.

 

‘Father has debts owed to him by the Saudi Royal Family. Moreover, when the President considers receiving oil supplies through private channels, the first alternative that came up was what if Taeseong establishes an oil refinery company?’

 

Since this country’s absolute ruler seems to have secretly chosen Taeseong, wouldn’t things become easier?

 

Or maybe not!

 

“What’s the point of giving up on dreams already just because the path is difficult.”

 

“Hmm.”

 

“There’s also a saying that if you can quantify your dreams, set deadlines, and establish specific goals, you’ve already achieved half of it.”

 

I took out Grandfather’s written agreement and waved it around while grinning.

 

“In the end, I’m thinking of receiving Grandfather’s help.”

 

Then I’ll have no choice but to reveal that I’m the Anonymous Benefactor.

 

Only then did Secretary Kim smile.

 

“Then you’ll need trustworthy people who can serve as Young Master’s hands and feet.”

 

“It would be even better if they’re trustworthy and capable people. Like Secretary Kim.”

 

I subtly made a recruitment offer.

 

But Secretary Kim bowed his head.

 

“I am someone who has committed to assisting Chairman. I’m afraid that’s unfortunate.”

 

I tried just in case, but as expected, it didn’t work.

 

I hadn’t expected to gain Secretary Kim from the beginning anyway.

 

‘Secretary Kim is Grandfather’s closest aide who serves by his side. He’s a key figure who coordinates opinions with the presidents of all Taeseong subsidiaries.’

 

In short, he was Grandfather’s man.

 

‘But the reason I deliberately brought this up is to steal away Secretary Kim’s people.’

 

I deliberately nodded slowly while showing great disappointment.

 

“Then could you at least assign Team Leader Yoo and the Taeseong Group Security Guards to me?”

 

“Team Leader Yoo and Security Team 5, you mean?”

 

“Yes.”

 

They were Secretary Kim’s direct subordinates.

 

“If Young Master desires it, I’ll assign them to you.”

 

“Thank you.”

 

“However, there’s something you should know before using those guys. They’re somewhat different from ordinary security guards.”

 

“How are they different?”

 

“They’re not elite security guards from military officer or athlete backgrounds. They have decent abilities, but for various reasons, their career paths were all blocked, so they ended up under me.”

 

So they’re like flawed B-grade Avengers, something like that?

 

Even better!

 

I prefer capable guys over incompetent ones!

 

The Back Alleys are crawling with guys whose career paths were blocked for various reasons!

 

“Team Leader Yoo is especially useful. When it comes to money-related matters, most Taeseong elites wouldn’t even dare present their business cards in front of him.”

 

That sounds good?

 

As it happens, Yoo Jong-tae had already sworn an oath to me.

 

-I am one who has sworn to bury my bones for Young Master!

 

-If Young Master tells me to roll, I’ll gladly roll until my soles sweat!

 

“Team Leader Yoo was repeatedly cast out because of his temperament, you could say? Thanks to that, he’s been rotting under me for quite a long time.”

 

That’s strange?

 

I’ve never once seen Yoo Jong-tae lose his temper.

 

“That guy is smart and quick-witted, so he’s mastered the art of getting on people’s nerves. The other young masters say they get furious just looking at Team Leader Yoo’s face.”

 

I suddenly remembered when I sent Yoo Jong-tae to President Oh of Hyeonmu Construction and he clicked his tongue to count three minutes.

 

“If Young Master gives him a big opportunity, it would be an incomparably good chance for him as well.”

 

Secretary Kim smiled brightly.

 

“If I may recommend one more person, how about Secretary Lee Kyung-seok who is assisting Father?”

 

“Secretary Lee Kyung-seok?”

 

The secretary helping Father was Lee Kyung-seok?

 

I knew the name Lee Kyung-seok.

 

‘The brain of Taeseong, President Lee Kyung-seok!’

 

He was a man who would later become the closest aide to the head of Taeseong Group and lead Taeseong Electronics, a core subsidiary of Taeseong.

 

Knock knock knock.

 

When I opened the door, Yoo Jong-tae and the Taeseong Group Security Guards came rushing in.

 

They all couldn’t hide their joy.

 

“Taeseong just confirmed the Subway Line 2 construction project!”

 

“Not only the Gangnam Seoul Express Bus Terminal road expansion construction, but we’re also taking on the terminal shopping complex!”

 

“Chairman says to gather at Hanwoojeong right away! It’s a Korean Beef dinner!”

 

Yoo Jong-tae said with a proud smile.

 

“He said Mother and Young Master should come eat Korean Beef together too. Shall we go?”

 

“Yes. Sounds good.”

 

It was just as I took Yoo Jong-tae’s hand and was about to take a step.

 

“Young Master, may I ask you one thing?”

 

Huh? Secretary Kim’s expression doesn’t look normal.

 

Should I say he looks too serious, unlike Secretary Kim?

 

So I sent Yoo Jong-tae and the Security Guards out to the corridor and closed the door.

 

“I already received a failing grade on Young Master’s test. Because I chose curiosity over trust and opened the note.”

 

It was a voice subtly tinged with complexity.

 

“Aren’t you worried that I might subtly reveal the sponsor’s identity to Chairman and Father?”

 

So what if it’s revealed that I’m Taeseong’s sponsor?

 

Did I commit a crime? It would just be a little bothersome.

 

“Then let me ask you back. I revealed secrets in front of Secretary Kim. Do you think it was because I was stupid?”

 

I had revealed part of my abilities in front of Secretary Kim and Master.

 

But not in front of Grandfather and Father.

 

Secretary Kim looked a bit bewildered.

 

I shrugged my shoulders.

 

“I thought that matter was finished when I handed over the Wookwang Construction Bribery Ledger. Wasn’t it?”

 

I had said this when I handed over the Wookwang Construction Bribery Ledger back then.

 

-I’m doing business at a loss right now. I haven’t even received payment yet, but I’m handing over the ledger first. Could there be a more certain credit transaction than this? That’s my goodwill.

 

-Present that ledger to Chairman Cha. It will return more than what you extracted from me. This is service.

 

I winked one eye.

 

“How did Secretary Kim repay my sincerity that I offered first?”

 

Secretary Kim had not revealed all my secrets to Grandfather.

 

Also, he didn’t interrogate me about how I obtained the Wookwang Construction Bribery Ledger.

 

Instead, Secretary Kim showed his loyalty by bringing Uncle Cheol-gu to me first, in place of Grandfather.

 

That’s how we established our credit transaction.

 

“Hahaha!”

 

Secretary Kim burst into hearty laughter for the first time in a while.

 

“I’ve been had by Young Master. I will gratefully and humbly accept the trust Young Master has given me.”

 

Secretary Kim bowed even more politely.

 

“Young Master, then I shall return to Chairman now.”

 

“Aren’t you coming with us to eat beef?”

 

“Today I think I should stay by Chairman’s side and pour him celebratory drinks.”

 

Secretary Kim smiled warmly.

 

“Please grow up quickly. I’ll be counting the days, waiting with joy for the day we can share celebratory drinks together.”

 

* * *

 

We arrived at Hanwoojeong.

 

We reserved two rooms for the dinner gathering, opened the paper sliding doors, and joined the tables together.

 

The laughter of the Taeseong Group Security Guards never ceased.

 

“For Taeseong Group!”

 

“For Taeseong!”

 

Fresh Korean Beef was placed on the heated Grill Plate.

 

A savory aroma wafted up with the sizzling smoke.

 

Everyone busily moved their chopsticks to eat.

 

Due to the suddenly arranged drinking session with the President, everyone had missed dinner.

 

“Young Master, please eat plenty. Today’s Flower Sirloin is very tender.”

 

“I think the Chuck Flap Tail tastes better than the Flower Sirloin. Please chew it well.”

 

“What are you talking about! This place is famous for its Strip Loin! Would you like some Cider?”

 

The Taeseong Group Security Guards were busy placing small pieces of cut beef on my plate.

 

“Young Master Seong-jun, you worked hard today. May I pour you a drink?”

 

“No. I’ve had too much to drink. I’ll stop here.”

 

Father waved his hands and stood up from his seat.

 

His face was red, indicating he had drunk quite heavily.

 

Whether he was going to the Restroom or to get some fresh air.

 

I was a bit worried and quietly followed behind Father.

 

Slide. Click.

 

When Father closed the Paper Sliding Door and came out to the restaurant Corridor,

 

“Huh? Could it be you’re Seong-jun?”

 

There was a voice calling Father.

 

A stylish gentleman in his early 40s, pleasantly drunk.

 

Unlike Father who had a heavy and serious atmosphere, this was a Man with a cheerful and carefree smile.

 

“Big Brother Dae-jun.”

 

Big Brother Dae-jun? Could it be Cha Dae-jun?

 

Though I had never met him in person, it was a name I often saw in Taeseong Group Reports.

 

‘This person is my uncle? Taeseong Group’s tragic crown prince?’

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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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