In contrast to Park Jun-man, Park Jin-hyuk appeared very calm.
Park Junwan said loudly:
"Are you crazy? Do you know what selling off assets means?"
"What are you saying? I'm currently attending the DS Communications board meeting. How could I possibly know what's going on there?"
"You think I don't know?"
"I'm sitting in this conference room right now, why do you have to make me admit that I did it?"
Park Junwan was so angry that his hands were shaking slightly. Secretary Huang saw this and hurriedly tried to persuade him:
"President, please calm down."
"Calm down? ...How can I not be angry after what this bastard did?"
Park Junwan pointed at Park Jin Hyuk and cursed.
"President, there are so many people sitting here... If I'm a bastard, then what are you?"
Park Junwan looked at his son with disgust.
"Contact them immediately."
"Who to contact?"
"Contact the DS Energy board of directors and ask them to withdraw their proposal."
"President, how can I possibly revoke the board's resolution? I'm not a DS Energy director, so I can't dictate matters over there... Right now, the proposal here is still pending, so how can I possibly have the energy to attend to that?"
Park Junwan said that his son did it, but he had no evidence.
After a while, he suppressed the anger in his heart and said:
"...I won't argue with you for now. Remember this, there will be no good ending if you continue like this."
After saying that, Park Junwan stood up.
Seeing that the president was about to leave, all the directors stood up.
Park Junwan turned around and walked out of the meeting room without even saying hello.
Park Jin Hyuk never stood up from beginning to end.
Seeing Park Junwan leave, he said to the standing directors:
"I just digressed a bit. Let's get back to the meeting. As the chairman of DS Telecom, I'd like to bring up a new topic for this meeting."
Park Jin Hyuk glanced at Yu Binglie.
"The content is to remove Mr. Yu Binglie from his position as a director because he has acted inappropriately and disturbed the public. Therefore, I propose to remove Mr. Yu Binglie from his position as a director. At the same time, I will file a lawsuit against Mr. Yu Binglie so that everyone in the world will know what he has done."
It was a chilling proposal because everyone knew what it meant.
It would be terrible if the purpose of a lawsuit is not to achieve a specific result but to torture people.
From then on, every two or three months, the parties involved will need to go to court for questioning.
The case may last for several years, and the parties involved will basically be unable to do anything else.
Yu Binglie's mistake was that he chose the wrong target to attack.
"We will now begin the vote. Those who agree to remove the chairman from office, please raise your hands."
Park Jin Hyuk didn't give everyone a chance to think and immediately entered the voting phase.
The directors all lowered their heads and no one raised their hands. Even Yu Binglie, who proposed this motion, did not raise his hand. It was unclear whether he was confused or timid.
After waiting for a moment, Park Jin Hyuk said:
"No one raised their hands. Therefore, the motion to remove the chairman has failed to pass. Let's move on to the next step. I just proposed the motion to remove Mr. Yu Binglie from his position as director. Please raise your hands if you agree."
Park Jin Hyuk said this and raised his hand first.
Under Park Jin Hyuk's gaze, the directors present raised their hands one after another.
These people were all directors when Park Soo-wan was in office. The annual board change is about to take place, and they all hope to keep their director positions.
After checking the voting results, Park Jin Hyuk said:
"Except for Mr. Yu Binglie, the other ten directors all raised their hands in agreement. This motion has been passed. According to the procedure, it will be submitted to the shareholders for review after the meeting. Directors, are there any other matters that need to be discussed?"
No one answered.
"If there's no more, today's board meeting ends here. Thank you all for your hard work. See you at the next meeting!"
After saying that, Park Jin Hyuk stood up and shook hands with the directors one by one.
Finally, he shook hands with Yu Binglie and turned to walk out.
Yoo Byung-ryul seemed to want to say something to Park Jin-hyuk, but was stopped by Kim Jun-woo.
Seeing Park Jin Hyuk coming out, the secretary waiting outside the meeting room walked over quickly.
"Chairman, while you were in the meeting, President Xuan contacted you. President Guo wants you to call him. Chief Zheng contacted you three times, and Dongjing Industry also contacted you. Ms. Wu is waiting for you in your office."
"Ms. Wu? Is that Director Wu?"
Wu Ruiying has resigned from the position of director of DS Art Museum, but Park Zhenhe is still used to calling her Director Wu.
"Yes."
Park Jin Hyuk looked at the secretary.
"Did she come with the president?"
"She came here on her own."
"Okay, got it."
Park Jin Hyuk turned to Kim Jun Woo and said:
"Call President Guo."
"yes."
Kim Jun-woo called Guo Suk-ki, and Park Jin-hyuk took the call from Kim Jun-woo.
"President Guo, what's going on?"
"Chairman, Aramco has sent us the official selling price (OSP), which is negative $8."
"If the OSP is negative $8, does that mean it's $8 cheaper than the Dubai crude oil benchmark price?"
"Yes, they asked us to keep it confidential. Demand is very low right now, so Aramco gave us a special discount."
"What was Amei's offer before?"
"OSP has always been $3-4, but recently it has fallen into negative territory, so I think it's time to sell."
"Um……"
Park Jin Hyuk walked and wondered if there was any need to wait any longer.
The crude oil dispute between Saudi Arabia and Russia has not yet ended, the epidemic is still raging, and oil prices may have room to fall further.
But he felt that he should not earn that last penny.
Thinking of this, Park Jin Hyuk said to Guo Xiji:
“What is the average price of crude oil in Dubai now?”
“It’s about $12.”
"So Aramco's offer is $4 per barrel?"
"Yes."
"Okay, then buy it at this price."
Although Park Jin Hyuk's counter-offer was $3, he felt that $4 was acceptable.
He plans to sell when oil prices return to $40, at which point the $1 difference won't matter.
What he didn't expect was that Guo Xiji proposed:
"Chairman, I think the terms of the contract can be adjusted."
“How do I adjust?”
Guo Xiji replied:
“Aramco’s offer is not based on Dubai crude but on OSP, and I suggest the contract can also be signed based on OSP.”
"Um……"
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