Loophole
Seeing Min-jun suddenly visit the office, Lee Ho-jun asked in surprise.
“What brings you here?”
“I felt stifled just staying at home, so I came out.
Please give me a cup of coffee.”
“Uh, sure.
Have a seat.”
As he sat on the sofa, Lee Ho-jun requested coffee over the intercom.
“You must have been shocked to go through such a big ordeal right after being discharged from the hospital, right?”
“I’m fine.
More importantly, I came because I was curious about how the group’s situation is unfolding right now.”
“You don’t need to worry about it.
The Chairwoman and I are handling it well, so you just need to catch up on your studies since you have to return to school next year.”
At Lee Ho-jun’s attempt to treat him like a child, Min-jun’s face hardened as he spoke.
“Uncle.
I am also one of the successors.”
“…!”
“I naturally have the right to know what the current situation is.”
At Min-jun’s cold, scolding tone, Lee Ho-jun quickly realized he had made a mistake.
People who didn’t know him thought the late Chairman Jang Do-myeong was weak-willed, but they were misjudging him based only on his outward appearance.
He was the epitome of being soft on the outside but strong on the inside.
As the saying goes, a tiger doesn’t sire a dog; he could feel the deceased’s presence in Min-jun.
“Right, you’re an adult too.
I apologize for speaking carelessly.”
“No.
I’m the one who should apologize.”
“You’ll find out soon enough anyway, so I’ll tell you.”
Lee Ho-jun said with a bitter expression.
“Honestly… it’s difficult.”
Min-jun had come with some idea of the situation, but his face darkened when Lee Ho-jun sounded so defeated from the start.
“With Jungsan Group securing the support of a foreign vulture fund, they’ve secured a majority stake, so it’s safe to say the battle is practically over.”
“…”
“Even the media is treating it as a foregone conclusion, saying it’s for the best that Jungsan Group takes over and Vice Chairman Jang Do-hun manages it.”
“What is Mother doing?”
“She refuses to give up until the end.
Even after going to Jungsan Group and suffering insults, she says she will go to Iljin Group next.
You should try to stop her.”
Lee Ho-jun was so frustrated that he even complained to Min-jun.
The current share ratio showed Taesan at 35.3%, including friendly shares, while Jungsan was at 50.1%.
About 10% of that was held by other affiliates of the Pan-Taesan Group.
In the early stages of the crisis, Iljin Group’s Honorary Chairman Jang Geun-ho had declared neutrality and was not intervening at all.