The Youngest Son of Sunyang (Reborn Rich)

[046] The Hunt Begins 2

Chairman Jin held up a document in his hand and shook it.

"Is this an accurate figure? 2 trillion, 370 billion?"

The Hando Steel acquisition team gathered in the main office conference room, briefly exchanged glances and then nodded in agreement.

"Yes, it's certain."

When Vice Chairman Jin Yeong-gi responded as the representative, Chairman Jin double-checked the numbers before speaking again.

"If Hando Steel is valued at this amount, Daehyun Group will definitely bid with this figure. And since Daehyun Group already has expertise in steel, they'll undoubtedly score higher than us. So, how much should we write down?"

No one dared to speak casually. The bid amount is directly proportional to the Chairman's determination to acquire Hando Steel. It's known that his determination is strong, but it can't be quantified.

Even Chairman Jin himself finds it difficult to quantify. How should they respond?

However, due to Chairman Jin's gaze, there is someone who can't avoid giving an answer.

"Director Jin Yeong-jun, what do you think?"

"1 trillion, 800 billion."

When an answer came without hesitation, Chairman Jin seemed somewhat surprised.

"Why?"

"This amount is the maximum our Sunyang can present at the moment."

"But then, Daehyun will surely win, won't they?"

"We can't take on debt to acquire it. The value of Hando Steel and our financial strength are precise. We shouldn't engage in a money battle."

"But what else can we compete with in a public auction?"

"I suggest emphasizing that Sunyang is the company where the most synergy effects would occur if we were to acquire Hando Steel. Daehyun already owns a steel company, so their synergy effects are minimal." He spoke quite persuasively, and words come with responsibility.

"Then, to acquire it, let's create the synergy effects report Director Jin mentioned, and let's make them impressive. Give the evaluation committee something to be amazed by. We'll give you one week."

"...Yes."

It was an answer with a lack of confidence, but it wasn't a refusal. Once you're over thirty, it looks like you have to do your part.

The Chairman turned to look at someone else.

"Again? Is 1 trillion 800 billion all there is? No other opinions?"

"2 trillion 500 billion."

Hong Song-chul, the construction company president, tossed it out casually. As everyone's gaze turned toward him, Chairman Jin also showed curiosity.

"On what basis?"

"The bondholders see no difference between Daehyun and Sunyang. The government will accept it regardless of who takes it over. To ensure fairness and avoid any noise, I believe we'll have to offer an even higher amount."

Vice Chairman Jin Yeong-gi and Director Jin Yeong-jun's faces turned red.

The carefully prepared content was casually dismissed by President Hong.

"Where will you get the lacking money from?"

"We have an apartment site secured from Sunyang Construction. We can secure a loan of 700 billion won with that land as collateral."