53- Mr. Miracle (4)
God-given Investment Genius – Chapter 53
Episode 53 – Mr. Miracle (4)
Roel Chemicals, the 5th largest petrochemical company in Korea with a market cap of 3.7 trillion won.
For a subsidiary of the Roel Group, which holds the No.
But will you give a chemical affiliate with a market cap of 3.7 trillion won in exchange for marriage?
Seo-yeon had no intention of marrying Seong Ki-hoon for money, but she was curious about what the hell he meant by saying such a thing.
When Seoyeon showed a bit of interest, Seong Kihun smiled and said,
“Looks like you’re a bit interested now.”
“It’s definitely a lot for a dowry. But, thinking about it again, I don’t think there’s any reason to marry Seong Ki-hoon.”
“I promise to divorce you at the right time once the deal is over. Isn’t it a bad deal to just put your name on the Family Relations Certificate?”
Seoyeon smiled and said.
“Sung Ki-Hoon, what are you going to do with something that hasn’t come into your hands yet? I know that your father has barely taken control of the group, but the third one has decided to inherit two subsidiaries of the group market cap? That’s a condition of marrying me. Aren’t you looking at me too sparsely?”
If Seoyeon learned anything from growing up in a conglomerate family, it was that there is absolutely no good will without a reason.
Moreover, it was all the more so if it was a matter of trillions of dollars.
In the first place, the company called Roel Chemicals and simply the item of marriage did not weigh at all.
Seong Ki-hoon said with a calm face.
“It’s unexpected. I thought you wouldn’t be satisfied with being the second-largest shareholder of U1 Shopping, but… U1 Shopping, ah… now it’s the DM Group? An opportunity to exchange a 21% stake in DM Group with a 37% stake in Roel Chemicals. Excluding the premium for management rights, it must be a business that can make hundreds of billions of won even with a simple amount.”
It was only then that Sung Ki-hun’s true purpose was revealed.
‘Is Roel aiming for the DM?’
Jihyeok took about 68% of the shares when she took over U1 Shopping, and 21% of the shares went back to her when she merged with Seoyeon’s affiliates, but Jihyeok still had close to 50% of the shares.
It is impossible for Roel Group to acquire DM Group even if it takes Seoyeon’s stake, but I couldn’t help but wonder about the intention of taking the DM Group’s stake even by giving away chemistry.
Seoyeon said.
“I’m sure. I’m not the type of person who doesn’t have greed, but I don’t really like it. And with these conditions, there’s no need to go all the way to marriage, right?”
“Yes. But isn’t there no contract as sure as marriage?”
“I think you’re misunderstanding something, but even if you take all of my shares, it’s impossible to get your hands on the DM Group. The stake of the largest shareholder…”
“Ah… you mean Kang Ji-hyuk. Are you going to tell Kang Ji-hyuk about my proposal?”
Seoyeon said as if it was natural.
“Yes, I think so.”
“Hmm… you seem to have a really close business relationship. But, you’ll have to be careful. You’re free to refuse my offer, but if you expose yourself to Kang Ji-hyeok, then the war will begin.”
“Are you threatening me now? It sounds like the Roel group is going to go to war with the Yuwon group.”
Seong Ki-hoon said with a fishy smile.
“That can’t be the case. There’s no reason for Roel and Yuwon to fight. But, will Chairman Jin really help Seoyeon or Kang Jihyuk?”
“That, that’s…”
“You have to think carefully. In a dynamic market that is only in the red, external funds will inevitably flow in, and eventually the stake of the majority shareholder will go down. , Would Seoyeon and Kang Jihyeok be able to do that? The only hope would be a new cosmetic product that is being prepared right now… Will we be able to ignore Roel Department Store and succeed?”
Seoyeon was a direct descendant of the Roel Group, the number one retailer, so it couldn’t be dismissed as just bluffing.
“I don’t understand. Even if it’s not a flagship affiliate, Chemistry is a net affiliate that’s no different from a cash cow. Why are you going this far?”
“Seoyeon-ssi. Kang Ji-hyeok will lose everything in the end. It’s only been a set procedure since the shaman Nabu Raeng tried to enter this world.”
“What do you mean by that now?”
“Are you going to just sit back and lose the affiliates that Chairman Jin cherished, especially the core affiliates in the succession structure? Besides, how can chaebols just watch the mudfish that turned the whole pond into muddy water like that? Even if it takes time, DM Group will It is the public opinion of the business world that it should be withdrawn in the end. My marriage with Mr. Seoyeon is just a means to shorten that time a little.”
Seoyeon, who couldn’t hide her embarrassment the whole time, quietly covered her mouth with her hand.
Seong Ki-hoon thought that Seo-yeon was shocked because he spoke so frankly, but Seo-yeon’s reaction was the complete opposite.
“···Kwu, kyahahahaha, kkeurreu, kkolkkal. Ah, sorry. It’s so funny that the Roel Group, which only sold chewing gum, talked about it as if it had become a great aristocrat…”
“·······.”
“Hey, Seong Ki-Hoon. I don’t know what my father agreed to give me, but I hate men like you who talk about contract marriages or contract marriages just to get a construction company. A man who has already set limits at his age… It’s so different from anyone I know, I feel sorry for him.”
Sung Ki-hoon said in a slightly exasperated tone.
“Stop saying things you’ll regret.”
Seoyeon smiled and said.
“Whether it’s a war or whatever, do whatever you want. But you’d better not think that Roel will always win that war. I’m busy then.”
As Seoyeon left the seat, Seong Ki-hoon immediately took out his phone and picked it up.
“Yes, father. It’s me, Ki-hoon.
– I get it. Don’t tell your big brother. So, did you like the new baby-to-be?
“hahahaha, yes. It has some thorns, but I liked it better because it looked tough.”
– Yes, grow up in moderation, soothe him and bear him well.
*
Seo-yeon, who rejected Seong Ki-hun’s proposal with a single knife, immediately contacted Lee Ji-young.
“Sister, we’ve decided to do our new product showcase next month at the main branch of Mirae Department Store…”
– Oh, Seo Yeon-ah. I heard that Si-kyung asked the executives to pay special attention to it and prepare it. Nothing to worry about.
“It’s not like that, can it be done with a little pull? If possible, I invited a lot of celebrities managed by CY.”
– huh? I heard that the reaction on the Internet is okay? Calling them is not free. Marketing costs should also be considered.
“No, I need to make it hot. And since I’m going to Mirae Department Store as an exclusive, lower the commission rate. Is that possible?”
– If it’s a monopoly… I think it’s possible… What happened all of a sudden?
“Anyway, I think I’ll have to give up on entering the Roel store. Anyway, I’ll ask you a favor. I’ll talk to the staff, so please handle it like that.”
– Yes. OK got it. I’ll talk to Si-kyung.
“Thank you, sister. I’ll call you back.”
*
[Cheongdam Station]
“Mr. Jihyeok, it’s the Roel Group. It’s the number one distribution company in Korea.”
Seoyeon, who was only confident in front of Seong Ki-hoon, met Ji-hyeok and revealed her true heart.
It is a ‘dynamic market (formerly U1 shopping)’ that divides the domestic open market market, but there were not one or two ways for offline distributors to make up their minds and get in the way.
Jihyuk smiled and said.
From noble mtl dot com.
“There’s nothing to fuss about. At most, isn’t it about putting pressure on suppliers to cut off our distribution?”
“What about DM Cosmetics? Sales will be limited if it is exclusively supplied to department stores in the future.”
“That’s not bad either. Isn’t a good product something you want more when it’s in short supply?”
Seoyeon said with a slightly pouty face.
“Aren’t you worried that the 5th and 7th ranking groups in the business world will unite and destroy our company?”
“Then would you like Seoyeon to marry that friend?”
“Are you serious?”
Jihyeok smiled again and said.
“It’s about not worrying about things that haven’t happened yet. Fortunately, Mr. Seoyeon paid off the loan with the cash he received from his father, so the group’s liquidity is sufficient, and as long as a new product from Cosmetics plays the role of a cash cow, a ‘dynamic market’ will emerge. ‘You won’t have to worry about the money that goes into raising it.”
Seoyeon continued with a slightly serious expression, as if her worries had not gone away.
“Mr. Ji-hyeok, Korean conglomerates are not ordinary people. Mr. Ji-hyeok is of course a great person, but he doesn’t know what he’s going to do.”
“If anyone sees you, you’ll know that Seoyeon isn’t a conglomerate.”
“It’s not like that. My father is the second person, and Chairman Roel Sung is the one who drove out his older brother and sat in the group chairman’s seat.”
“Hmm… that’s how you are. I’d love to meet you once, but the timing is a bit off right now.”
Seoyeon tilted her head and asked.
“Why? Is there something else important?”
“Lee Beom-young, the head of the group, did some work in China, but I think I have to go there. I’ll look at the Roel group issue again.”
For some reason, Seoyeon felt sorry for Jihyeok’s calm appearance.
Rather than the fact that the company might fall into a crisis, he seemed more saddened by the fact that he was not particularly agitated after hearing the fact that he had seen the good even if it was not his will.
“Okay. I’ll stop.”
*
When Seo-yeon left the station with a somewhat pouty expression, Ji-hyeok left the station shortly after and headed to Teheran-ro.
Jihyeok’s expression when he arrived at the Vertical Movement office was quite sharp, unlike a moment ago.
“CEO Jung, the main fund manager, and all the analysts, ask them to gather in the conference room.”
“Yes, Boss.”
After a while, even Samuel joined the gathering of the key employees of Vertical Movement.
“Hey, Matthew. What’s the matter with you calling me all of a sudden? I’m not the kind of person who can just call and do it at random. I’m the head of More Value Asia.”
“He said he was bored because he didn’t have any cases these days, so if he’s busy, he’ll just go.”
“Huh? Number of cases? Where is this time?”
“Roel Group.”
“What? Are you a chaebol again?”
“If you’re scared, you’ll fall.”
“What kind of sad words… Even if you say money money, it’s good that the chaebol have a lot to eat. But, does the Roel Group have any weaknesses? As far as I know, the previous chairman was obsessed with governance to the point of fanaticism… …”
Jihyo nodded and said.
“That’s right. Chairman Hyun, the second son, owns 40%, the eldest son holds 30.8%, and the rest is held by related parties.”
“Jogwangsa isn’t even listed there. Besides, I know that the current chairman has the full support of the presidents of affiliates and the board of directors. Is that possible?”
“Well, it might not work. But, if you convince the eldest son and a few special people, you’ll be able to hold your breath surprisingly easily.”
“So what do we do?”
Jihyeok turned his head and said to Jeong Yoojin.
“CEO Jung, I’m going on a business trip to China this week. Before I go, I’m going to transfer some of the head office’s liquid funds to Vertical Movement. Roughly, it will exceed 400 billion won, so buy a stake in the holding company of the Roel Group.”
“Yes, Boss.”
“Sam, you can find out about the eldest son of the Roel Group in Japan through Nomura Securities. The Japanese Roel Group also owns shares in the Korean Roel Group’s holding company, so buy some of their shares as well.”
“Okay, no trouble.”
“Okay, let’s touch it once and check the reaction.”
“Can I eat moderately this time as well?”
“No, in moderation, I looked a little funny. I’m going to go all the way this time. I’m thinking of tearing it to shreds in two or three pieces.”
After the short meeting, the moment Ji-hyeok was about to get up, Samuel could not hold back his curiosity and asked Ji-hyeok.
“By the way, why are you suddenly touching the Roel group?”
Jihyeok said with a rare expression of coldness.
“I want to teach you that if you covet what’s mine, you can lose yours too…”