I asked the representative of the law firm Hwa-chon.
"What are you doing here?”
"I'm here because the chairman of G Group called me. Do you think I'm here?"
"You said you were going to say hello, but I couldn't. I'm sorry."
"Don't mention it!"
G Group chairman said.
"Do you two know each other well?”
When I hesitated, the representative of the hwachon said.
"I was once a customer of a private equity fund."
"Oh? Really? What a coincidence. Good for you."
The representative of Huachon told me.
The president was the one who owed me a lot when I was in college. I was also a tutor for the chairman's child, who was the president of G Electronics at the time.“
"Oh, did you?"
I thought fate was a strange thing.
The chairman of G Group said with a breath of breathlessly.
"I called you two today to invest my slush funds in private equity firms."
I now felt like the chairman was bringing up the main point, so I gulped down my saliva.
"I called in my lawyer, Hwa-chon, to make a will because I might not be able to see an investment transplant in my lifetime."
The head of the law firm Hwachon was surprised.
"A will! The chairman will live beyond his means. Aren't these days different from the old days and live longer?"
The chairman shook his head from side to side.
"I know my health well, Cough, Cough. I'm so sick of my health as a result of indulging in color-seeking too much money on my youth. So don't be a person like me."
Then the chairman took out a bundle of A4 paper from a drawer in the living room cabinet.
"This is the investment agreement I made all night yesterday. I'm not good at computer, so I took a picture of Ward with an eagle stroke. Probably a lot of typos and a lot of spaces."
I said.
"The investment agreement is printed by our fund company."
"I'd like to sign a contract with you, not with the fund company's investment agreement. It's like a will, so I'll take it as the representative lawyer of the law firm Hwachon has one copy and the other as president Choi has."
"I understand."
The chairman called the housekeeper.
"Bring me hot water."
The housekeeper brought hot water to three ceramic cups.
The chairman put Chinese Yongjeong tea on this hot water. All three looked at the slowly sinking Yongjeong tea leaves without a word.
"A tea leaf from Cheongnye. Blow and drink."
Three people held up their hands and drank tea.
After drinking tea, the chairman slowly read the investment agreement.
"First, I, Kim Han-dong, invests 200 billion won in JS Invest."
At the sound of 200 billion won, the head of the law firm was very surprised.
"Wow! 200 billion!"
"I will send 100 billion today, and 100 billion in a week."
"Okay."
"Second, the money invested is not freely invested by private equity firms. Within a year, 100 billion won buys G Electronics shares, while the remaining 100 billion won buys G Development shares."
"Are you designating an investment destination?”
"Yes."
This makes it difficult for me to operate elsewhere. In particular, I couldn't even think about what Jang said about real estate investment.
"The third year after my death, these shares are inherited by my eldest son, the president of G Electronics, and the second son, G Development.“
The head of the law firm Hwachon tilted his head.
Fourth, when inheritance is given, all shares of G Development held by the eldest son shall be disposed of, and the shares of G Electronics held by the second son shall be disposed of. If my sons refuse to comply with the disposition, the inheritance will be suspended and donated to social organizations.“
The head of the law firm Hwa-chon nodded as if he knew something.
Fifth, when investing in private equity firms, I do not do it in the name of Kim Han-dong, but in the name of Choi Joon-sik. Instead, we pay President Choi Joon-sik an amount equivalent to 5 percent of the investment in commission."
The head of the law firm Hwa-chon nodded again.
Five percent of the investment is a lot, so it's a whopping 10 billion won.
Come to think of it, it was a good business to do as I made 10 billion won by sitting still even if I didn't use it anywhere else.
The representative of Huachon said with a smile.
"To prevent management disputes between your sons after your death."
"Yes."
I saw the chairman's actions as a result to prevent post-brother quarrels.
If Mangnanni hoarded up his brother's company, G Electronics shares worth 100 billion won should be used as his brother's friendly shares.
On the contrary, when my brother started buying shares of his brother's company to swallow his brother's company, the stock I bought meant to serve as a friendly stake in his brother's company.
The chairman had foreseen a fight between his sons after death.
Seeing such a device set up until the next day after his death, I thought it was a good idea to be the chairman of G Group.
I said.
"Then your money will not go directly to JS Invest, but I'll have to go into my personal account and then flow into JS Invest in my name.”
"Yes, because, in my name, it will be inherited by my sons right after my death. In other words, we may not be able to stop the fratricidal struggle."
I nodded because I understood.
I thought that there was this problem with a rich family. True, there have often been disputes between children after the death of a chaebol.
Like Lotte Group, there are times when brothers fight even if their father is still alive! The modern group had a prince's rebellion, and the Kumho group had a brotherly quarrel. Now, Hanjin Group is also fighting.
I found that the chairman was trying to use the money to prevent children's quarrels without thinking about social group donations or the establishment of a welfare corporation.
But I also had something uncomfortable.
It was not desirable for a lot of money to flow into my bank account, even though it was not my money. Anyway, I thought it would be worth a try since I had 10 billion won in commission fees.
In addition, it was also thought that the purchase of shares of G Group affiliates would be possible within the year.
I said.
"If 100 billion won is moved, banks will pay attention. Please split the check so that we can distribute it."
"I'll pay you 10 billion checks today, and another 10 in a week. The bank deposit is distributed by CEO Choi himself. Cuckoo Cuckoo."
"Okay."
I signed an agreement with the chairman. The chairman also signed.
And the representative of the law firm, Hwachon, also signed as a member of the council. Each of them carried a copy of the agreement.
I haven't even taken out the investment agreement paper for JS Invest, which was taken care of by Deputy General Manager Chang.
[I'll have to set up several bank accounts under my name.]
When I went back to Yeouido, I decided to make more bank accounts under my name and deposit the checks the chairman gave me.
The chairman said with a breath of breath.
"I don't want the G Group I've created to collapse after death. My sons take after me, and they are greedy. Especially the second one has a wild ambition. I want you to cooperate to prevent it.”
"Okay."
"It's a blessing to know Hwa-chon and Choi in my life. Isn't that right, Mr. Hua-chon?"
said the head of the law firm Hwa-chon, bowing his head.
"Yes, sir."
The chairman's age appeared to be in his late 70s and the head of the law firm Hwa-chon appeared to be in his early 60s. The age difference was probably more than 15 years.
If Hwachon CEO was a tutor at the chairman's house at the age of 25, the chairman thought it was time for him to do business in his early 40s.
The head of the poor Gangwon province's Sujae Hwachon seemed to have studied with the help of the chairman and passed the bar exam. Since then, he has been a judge, served as the head of a high court, and is now a representative of the top 10 law firms, apparently because of the chairman's full support.
I decided to look up the list of outside directors of G Electronics when I go to Yeouido office. It was certain that the name of the head of the law firm, Hwachon, was listed.
The chairman called the housekeeper.
"I'm in a good mood today, so I'd like to have a drink with these people."
"Well, I brought my car."
"It's okay. There's a lot of people here for me and a lot of rooms on the second floor, so I can sleep."
I felt burdened to have a drink with such old people.
"Hwachon said he was fishing here tonight, right? Take a lot with you, Hwa-chon.”
"Haha, I understand. When I come here, the food that the housekeeper makes seems like home food, so I want to come here often."
A moment later the housekeeper and another woman came in, facing the statue of the teacher.
On top of the statue, neat food was placed on a pretty bowl.
Steamed deodeok, seasoned bean sprouts, acorn jelly, fried loach. Braised short ribs, sanjeok, and nameless seasoned vegetables were served.
And here's soybean paste soup with snails, which was caught directly from the rice paddies.
The representative of Huachon said.
"Here's a big rattle egg."
"Ha-ha, here's the rattle that our gardener himself went out to catch in the reservoir. I caught the fried loach here myself.”
The food was really delicious.
It's a food made of things around us, but I didn't know it would be this savory and palatable.
The liquor was served with Andong Soju in a pretty chinaware.
When the president poured me Andong Soju, I turned my head and drank it.
The chairman said with a pleased look at me like this.
"How old is Choi?"
As I grew older, the chairman said with a smile.
"You're the same age as my youngest. He's grown up ignorant of hardships, and he's got no manners."
Then he sighed.
Whachon said, pouring alcohol into the chairman's glass.
"The youngest will be fine as he gets older."
"Originally, the eldest son is not greedy, and the second son is ambitious. After my death, these guys will have a stake war like Lotte. If Mr. Choi and Mr. Huachon play a role, I will be able to pay back my eyes even if I die."
I didn't know that even the chairman of the conglomerate, who said, "Even birds fall," had such anguish.
Moreover, chaebol did not live long. These days, people in their late 70s listen to the youngest at the senior citizen center.
But seeing her breathing so hard already, I thought it would be difficult to live for a long time.
The chairman said, pouring alcohol to the representative of Huachon.
"Mr. Hwachon. Keep an eye on Mr. Lee. I have a vision for the future as well as a sense of making money. Cuckoo Cuckoo."
"That's what I think."
"When President Choi came to my house a few days ago, President Lee Dae-dae said he would definitely resign today, but the news is that he really resigned today."
"Did you?"
"You or President Choi predicted the fire of Jeonghwa in the near future and the support of the president's master within this month. "Humanity.
"Old? Human worms!"
The head of the law firm, Hwachon, finally dropped his chopsticks.
Increasing Operating Assets