Chapter 114
Chapter 114
114.
Seems Like Yours, But Not
A few days later, Myung Sung-chul visited the MH Group headquarters at the summons of his father, Myung Joong-hwan.
“You’re really going to acquire Baesung Distribution?!”
At the sudden news, Myung Sung-chul felt the unease he had been feeling dissipate.
Myung Joong-hwan chuckled at his question and continued,
“That’s right. However, considering the rapid expansion of the logistics line, we plan to separate it into a subsidiary called MH Retail.”
Myung Sung-chul nodded vigorously, as if he understood immediately.
“It’s probably necessary, since it’s going to get too big.”
“So, listen. Once the acquisition is confirmed, we’ll be pushing all the logistics lines of MH Foods and MH Retail into that division as well, so be aware.”
“Of course, that’s how it should be done. When should we submit the acquisition proposal to DAX? What’s the acquisition price you’re considering?”
At this, Myung Joong-hwan blinked and looked at Myung Sung-chul.
“That’s something the person who will be in charge of MH Retail will take care of. You just need to proceed with the separation of the MH Group’s logistics lines.”
For a moment, Myung Sung-chul thought he had misheard and cleaned out his ears.
Until now, Myung Sung-chul, the co-president of MH Foods and MH Retail, had been in charge of the MH Group’s logistics lines. He knew that area better than anyone in the MH Group, including his brothers. Therefore, he was confident that he would naturally be in charge of the newly established MH Retail as well.
“…Excuse me? What… what are you saying? The person who will be in charge of MH Retail? Isn’t that supposed to be me? If not me, then who?”
“Who else could it be? The person who will acquire Baesung Distribution.”
“I’m saying, who is that!”
Myung Joong-hwan, why did he only bring it up now without saying it in advance?
“Baek Shin-woo.”
“…Excuse me? Baek Shin-woo opposed the acquisition of Baesung Distribution last time. You’re going to entrust MH Retail to a guy like that?”
“In the first place, is there any reason why I should give it to you when Shinwoo is the one who said he would buy it?”
“Baek Shin-woo is acquiring it? With pure MH Future Security funds, without the group’s help?”
MH Future Security had only been established a few months ago. Although it was receiving investments and generating considerable profits, it was impossible to create enough funds to acquire Baesung Distribution, according to calculations.
That was something Myung Joong-hwan had anticipated, but he couldn’t help but approve it because of Shinwoo’s proposal, which stimulated his curiosity.
“That’s right. If you’re confident, you can try to step up. If you bid for Baesung Distribution, I’ll give you MH Retail as well. Wouldn’t that be fair?”
Myung Sung-chul’s mind became complicated. Of course, any company could participate in the bidding.
But the problem was the funds needed to acquire Baesung Distribution. In a situation where he hadn’t even filled the hole in funds caused by Baesung Distribution’s stock, it was nearly impossible to secure funds dozens of times larger than that.
“I’ll… think about it.”
There were almost no surplus funds. Of course, it might be possible if he touched the business operating funds circulating in MH Foods and MH Retail, but the bigger problem was after acquiring Baesung Distribution.
At this, Myung Joong-hwan looked at Myung Sung-chul with a pathetic gaze and clicked his tongue.
“Tsk. Anyway, be aware of that. If it doesn’t seem like it will work out, just stay still.”
“…I’ll get going now.”
He didn’t respond to the last words.
With that, Myung Sung-chul left the chairman’s office and boarded the elevator with Yoo Tae-kyung, the bodyguard and secretary who had been waiting in front. There were other bodyguards around as well.
“Shall we go to the company?”
Yoo Tae-kyung’s hand was about to reach for the floor button for the underground parking lot.
But Myung Sung-chul preempted him and pressed the button for the 32nd floor, where MH Future Security was located, with a crumpled face.
Just from the atmosphere, it was clear that something bad had happened in the chairman’s office.
As soon as the elevator arrived on the 32nd floor, he tried to go straight into Shinwoo’s office, but the door was locked, and only loud noises echoed.
Thump— Thump—
“Open this—!”
Shinwoo was reviewing various documents. Then, he heard the loud voice and stared blankly before opening the door.
With the door flung open, Myung Sung-chul entered and strode over to grab Shinwoo by the collar.
But Shinwoo snatched his hand first and twisted it to the side.
“Agh—!”
At the same time, Myung Sung-chul’s bodyguard, Yoo Tae-kyung, tried to step forward.
Then, Wen Wei, who had been sitting next to him, jumped up and confronted him, blocking his path.
“Step aside.”
“I can’t do that.”
“You could get hurt.”
“Try me.”
Even now, Myung Sung-chul was screaming, his arm twisted and held by Shinwoo.
Yoo Tae-kyung thought he couldn’t delay any longer and tried to ignore Wei and pass him. Then, Wei seemed to be arguing with him before suddenly grabbing his arm, twisting it down, and slamming him to the floor.
Thud—
Yoo Tae-kyung, whose face had instantly hit the floor, couldn’t understand what had happened. As the other bodyguards standing in the back tried to step forward, Wei raised his empty hand while pinning Yoo Tae-kyung down.
“Woah~ Woah~ I’m not planning to kill anyone, so stay still. You guys started it first.”
Everyone was unable to move.
In the meantime, Shinwoo released Myung Sung-chul’s arm and pushed him away.
“Why did you come here?”
“Ugh… Why do you think I came? When I said I would buy it, you stopped me with ridiculous reasons! Now what? You’re going to acquire Baesung Distribution and create a separate distribution subsidiary?”
Shinwoo knew from the beginning why he had come. Of course, his visit also meant that Myung Joong-hwan had made a decision on the previous proposal.
“It seems the chairman approved it.”
“That’s not what’s important right now!”
Myung Sung-chul, who was caressing his grabbed arm, frowned deeply, but Shinwoo didn’t care in the slightest.
“Can’t business change depending on the timing and situation? And now is the timing for MH Group to become the best in the distribution industry.”
“That’s it! Why are you trying to lead it!”
Myung Sung-chul had been responsible for the MH Group’s distribution lines. If he swallowed up Baesung Distribution’s lines as well, the position he had ideally envisioned would be created.
He had been full of such expectations until just now, listening to Myung Joong-hwan’s story, but they had all collapsed.
“Do I have to spell it out for you?”
“…What?”
“If you’re going to keep making a fuss, get out of here. Or move the location. You don’t want to spread the rumor that your subsidiary is being cut in half, do you?”
Shinwoo’s finger pointed towards the office next door.
Because Myung Sung-chul had been shouting loudly just now, the MH Future Security employees were staring through the glass.
“Ahem—! Let’s move and talk.”
“Alright. Wei, let that person go.”
“Ok.”
While Yoo Tae-kyung was getting out of Wei’s grasp, Shinwoo went into the conference room with Myung Sung-chul and sat down.
Across from him, Shinwoo leaned back deeply and even crossed his legs.
“So, did you come here to whine?”
“…Wh-what?”
“It looks like whining to me. Or do you think the chairman’s decision will change if you come to me and complain about it?”
Myung Sung-chul hadn’t come thinking that would happen in the first place. After all, the funds needed for the acquisition were being self-funded by MH Future Security, not the MH Group.
“Then at least explain it properly! Why are you saying you’re going to acquire Baesung Distribution now?”
“I told you earlier, now is the optimal timing.”
“Why wasn’t it then?”
At the time, it was an opportunity to buy Baesung Distribution from TSF without going through DAX. Now, he might have to bid at a higher price than it was worth back then, so it was understandable that Myung Sung-chul didn’t understand.
“DAX is recovering all of Baesung Distribution’s shares. They say they’re planning to delist it soon. You sold your shares too, so you know.”
At that moment, Myung Sung-chul’s expression hardened.
“…Did you hear that through DAX?”
“Weisuan’s representative bought more than just a few shares, so is there really a need to hear it from there?”
“Then how did you know I sold them?”
“It’s my information line. And if our businesses are over, it’s none of your concern, is it?”
Shinwoo’s answer further irritated Myung Sung-chul.
“Do you think I’ll just stay still like this?”
“Are you going to try something? Are you confident in the current situation?”
“You’re acting like you’re something just because you’ve grown your company a bit! How long do you think that will last? In the end, you were able to make it like that because you had the chairman’s money! Even now, you’re a subsidiary, but you’re not leaving and you’re still leeching off the headquarters.”
Myung Sung-chul, who was even more angry, wanted to shake Shinwoo somehow.
But Shinwoo still had a calm expression.
“Still, I don’t waste or embezzle company money without profit like President Myung.”
“What? You bastard……!”
In an instant, Myung Sung-chul tried to grab Shinwoo by the collar again, but stopped. He remembered being unable to move with his arm grabbed just a few minutes ago.
Shinwoo, who was watching his actions, gave a bitter smile.
“If you’re just going to keep repeating the same things, please leave. Unlike someone, I have a lot of work to do.”
Soon, Myung Sung-chul couldn’t help but suppress his rising anger.
“You better be prepared.”
“Do as you please.”
Myung Sung-chul, who was completely enraged until the end, left with a crumpled face.
Shinwoo chuckled and returned to his office. Jang Man-soo and Wei were burying their faces in the monitor as if nothing had happened.
“Wei seems to be enjoying his work a bit……?”
Shinwoo was about to go behind him to support him in his hard work when he stopped, seeing him working hard at something.
“Huh? Why?”
“…Who told you to edit videos to upload on Goodstagram at the company? And isn’t the place where you filmed the video the Heliport on the company’s rooftop?”
In the video, Wei was doing pull-ups while hanging from the Heliport railing. Of course, the bottom was about 10m high, and if an ordinary person fell wrong, they could be in serious trouble.
“I finished everything I had to do?”
“Even so…….”
“And this isn’t for Goodstagram, it’s for WeTube. I’ve been busy lately, so I haven’t been able to upload much.”
【HELLGRIP Man】
▷ 82 videos / 1.02 million subscribers
▷ I don’t accept sponsorships or advertisements.
It was a number that matched the number of Goodstagram followers he had seen last time.
“…I see.”
Shinwoo shook his head and looked at Jang Man-soo.
“Man-soo, is there still no contact from the other guys?”
He had left messages for Rick and Hector with the completed contact network, but for some reason, they still hadn’t checked them.
“They’re not checking. The other guys are connecting normally, so there’s no problem.”
“Are they really in the backwoods?”
Rick and Hector were currently active as FA mercenaries. Because they wandered around so much, it was impossible to pinpoint their exact location.
“The two of them might be having a hard time. If they have circumstances like Wei, it might be difficult to contact them right away.”
Shinwoo nodded in agreement with Jang Man-soo’s explanation.
“I just hope there are no problems.”
“Rick and Hector will be doing well on their own. They’ll have changed like us.”
Due to the regression, his five senses had become more sensitive, and his memory was better than before.
Thanks to that, Shinwoo was also faster than before when studying management and ongoing businesses.
“That’s true.”
“Ah, Boss! Make some time this week.”
At Jang Man-soo’s sudden request, Shinwoo tilted his head.
“Time? Why?”
“Come with me to look at some investment locations.”
Jang Man-soo knew better than anyone which companies would succeed in Korea. So, when he had some spare funds, he entrusted them all, even if it took some time.
“…Investment locations? Weren’t you managing that well on your own?”
“There’s no problem, but there are things that are being blocked because of guys who are unnecessarily flexing.”
“Flexing? What are they flexing?”
“There are some guys who are doing strange power trips. So, come with me and show your face.”
Currently, Shinwoo’s economic awareness was at its peak. Therefore, those engaged in the economic world were constantly trying to build connections with such Shinwoo, but it was not easy because he rarely showed his face in public.
“It would be fortunate if I could help by going. Where are you planning to go?”
When Shinwoo agreed, Jang Man-soo smiled with relief, as if he had been worried for a long time.