"When I joined DS Group a few days ago, I signed a one-year contract with DS. There will be no changes within the one-year period."
"If you want to tear up a contract, it's very easy... All contracts have conditions, and I believe yours is no different. I wonder how your contract was signed? If you cancel the contract, how much is the penalty? 20 billion?"
"...the liquidated damages in the contract are 5 billion (approximately 26.46 million RMB)."
Park Jin Hyuk nodded.
"If it's 5 billion, that's even easier. Wouldn't it be easy to find a reason to terminate the contract? Even if you appeal, it won't change the fact that you were fired. You'll have to fight the lawsuit for several years, and you might not even get the 5 billion in the end."
Kim Dong-seok lowered his head and did not refute. Park Jin-hyuk continued:
"But I really need you and Executive Director Xu to continue to stay in your current positions because I need your and Executive Director Xu's voting rights on the board of directors."
Kim Dong-seok raised his head.
"Tell me what you need us to do."
"Go back right now. I'm sure everyone will say, 'I rejected you,' and your position will be saved. I'll contact you in a couple of days."
Jin Dongxi said with some worry:
“DS Energy is expected to sell off its assets soon.”
"The sale of assets requires the approval of the board of directors, and a two-thirds majority vote."
"Yes, if it's just me and Executive Director Xu who are against it, we won't be able to stop it."
"Now I have four votes in my hand."
"Four votes? ...Does that also include the appointment of two new independent directors..."
Park Jin Hyuk smiled and nodded.
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