The man replied:
"We do not want to see DS Group go bankrupt. We can divest the non-performing assets and continue to operate the remaining businesses."
Seeing that Park Jin Hyuk did not react, the attendee continued:
"I suggest that non-performing assets such as DS Energy, DS Heavy Industries and DS Chemicals be divested and transferred, while high-quality assets such as DS Pharmaceuticals be retained."
"If we only sell those three companies, I'm afraid we won't be able to recoup our 3 trillion yuan investment, right?"
“Then which business should be sold?”
At this point, everyone's eyes turned to Park Jin Hyuk.
"Please continue your discussion and don't look at me."
After hearing what Park Jin Hyuk said, they finally expressed their true thoughts:
“It is recommended that the DS Group be asked to transfer ownership of the vaccine.”
“Is the ownership of the vaccine equivalent to our debt?”
“Even if they are not equivalent, we still have to make such a request.”
"But would DS Group be willing?"
"Even if they don't want to, there's nothing we can do. Counting all the previous debts, DS already owes us over 3 trillion."
"This is simply wishful thinking."
Park Jin Hyuk muttered, then he raised his head and said in surprise:
"I'm sorry! It was just what I was thinking, but I didn't expect to say it out loud."
He knew it was his time to speak.
"As creditors, you can certainly ask DS Energy to go bankrupt and sell off DS Heavy Industries, or you can dismantle DS Group. But whether we accept that is another matter."
"What do you mean? Does DS have any reason to refuse?"
"Dear President, what kind of society is this now? How can a person who owes money ask his relatives to pay it back? How can that be justified?"
"this……"
"You should ask for the money from whoever owes you money. In other words, you should ask for the money from Chairman Park Junwan, not the entire DS Group. Also..."
Park Jin Hyuk turned and looked at Kim Jae Yeon.
"Now that you're here, let's talk."
Kim Jae-yeon said:
"What do you mean by that?"
"The creditor just said that he wants ownership of the vaccine. What use would the bank have if it took it? I'm afraid that's what you think."
After hearing Park Jin Hyuk's questioning, Kim Jae Yeon fell silent.
"If you do that, then vaccine development should be stopped."
Bang!
After hearing what Park Jin Hyuk said, the man sitting next to Kim Jae Yeon slammed the table and stood up.
Park Jin Hyuk smiled and asked:
"May I ask who you are?"
"I'm Do Woo-sung, director of the Blue House Policy Office. Do you know what you're talking about?"
"Director Do, someone tried to steal something that belongs to me, so I want to destroy it. Is there anything wrong with that?"
“Don’t you know how many people are eagerly waiting for the vaccine to be available?”
"That's not a problem I need to consider. I just can't stand seeing others stealing my things."
Park Jin Hyuk replied with a smile.
Do Woo-sung was so angry that he couldn't speak.
Park Jin Hyuk turned and said to President Zhang Douhong:
"You know what? You're just helping others. You want to take the vaccine from me. That's impossible. You should be more realistic."
If it wasn't Park Jin Hyuk, but someone else who spoke to them like this, these bank presidents might have stood up in anger long ago.
With that, Park Jin Hyuk stood up and reenacted the scene.
"I've been wondering why I was called to this meeting. Turns out it's to tell me this... Everyone, take care of yourselves."
After saying that, Park Jin Hyuk was about to turn around and leave, but was stopped by President Zhang Douhong.
"Chairman Park, please sit down. We have something to discuss."
Park Jin Hyuk had no intention of leaving, but after hearing what Zhang Douhong said, he slowly sat down again.
Then, he said to Kim Jae-yeon and Do Woo-sung:
"The vaccine is the result of close cooperation between General Zheng Qiying and me. I originally wanted to supply it to South Korea first, but your actions have made me doubt whether it is still meaningful to do so."
Now, all parties in the country are preparing for the next presidential election.
Whether the vaccine can be kept in the country is one of the key factors that determine the success or failure of the election. Therefore, after discussing with Do Woo-sung, Kim Jae-yeon plans to get the vaccine through DS's creditors.
At this time, Do Woo-sung put on a smiling face and advised Park Jin-hyuk:
"Our intention is to help DS transfer the vaccines to its creditors so that the DS Group can get out of the current crisis."
"Haha, please think about it, if I cooperate with the United States or Japan right now, won't I be able to get 3 trillion in return?"
"But right now... DS Pharmaceuticals is also facing some difficulties, such as insufficient funds and production capacity..."
Having said that, Du Yucheng looked at the participants, and some of them nodded in agreement.
Park Jin Hyuk was speechless.
"Excuse me, where did you hear this news? I haven't noticed any such problem."
"…..Does DS Pharmaceuticals really not exist? Is it a problem of insufficient production capacity?"
"I officially inform you that DS Pharmaceuticals will be able to produce 10 million doses of vaccine by the end of this month."
“Ten million doses?”
"That's 3 million units, and at an export price of $200 per unit, we can sell for $600 million, equivalent to 700 billion won. If we sell it to Japan, the revenue will be even greater, 10 trillion or 20 trillion won. In that case, is money still a problem for me?"
Park Jin Hyuk glanced at everyone.
"I was already very disappointed in Chief Kim, and I didn't expect Director Do to be the same way. I didn't originally have that thought, but you guys are pushing me away. If I sell the vaccine to the Japanese, the worst that can happen is I'll be called a traitor. Or if I sell it to the Americans, I'm sure you two have heard about Vice President Buchanan's secret visit to South Korea specifically to see me."
The creditors knew about Park Jin Hyuk's contact with Japan.
However, the outside world had no way of knowing that the US Vice President was coming to South Korea to meet Park Jin Hyuk because the US and South Korean governments completely blocked the news.
Everyone present saw Director Do and Chief Kim keeping their heads down and remaining silent, and they knew that what Park Jin Hyuk said was true.
Zhang Douhong changed his tone and said to Park Jin Hyuk:
"Chairman Park, why didn't you tell us earlier? We didn't know about these things. If we had known earlier..."
Seeing the other party's attitude change 180 degrees, Park Jin Hyuk couldn't help but laugh inwardly.
In fact, creditors are well aware that neither 3 trillion nor 15 trillion is enough to bring down DS Group, and they do not want to see DS Group go bankrupt.
Today's meeting was entirely the result of instigation by certain people in the Blue House.
As long as DS has not lost the ability to repay its debts, there is no need for the creditor to execute the Full Option. It is entirely possible to give DS Group more time to recover slowly.
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