Chapter 318 DS Group’s Board of Directors



Park Jin Hyuk said with a smile:

"The stocks I donated have already increased tenfold. If the vaccine is on the market, no one can predict how high the price will go... Do you think I would donate stocks like this without any second thoughts?"

Then he continued:

"...Is there any movement from Qingyu recently?"

"Nothing happened."

“…How strange.”

Han Ji-yeon holds a portion of DS shares. When DS Group is in such turmoil, Qingyu can completely influence DS through Han Ji-yeon, but there is no movement from Qingyu.

"Do you want me to contact you?"

"No, there's no need to provoke it. Just wait for Jiyeon to come back."

"Don't you plan to go and see her before your wife comes back?"

"My wife is not here, why should I go to my father-in-law's house by myself? Besides, there is a tigress squatting there."

"They say mothers-in-law and sons-in-law are close, but it seems there are exceptions."

"She is only my mother-in-law in the legal sense."

After saying that, Park Jin Hyuk closed his eyes and leaned back on the headrest.

*** *** ***

From the next morning, the DS Group headquarters was shrouded in an atmosphere of panic.

Kim Jun-woo reported to Park Jin-hyuk:

"Chairman, I've received news that the creditors have formally requested a face-to-face interview with the president."

"Did he go to work today?"

"No."

"What did Aunt Zhang say?"

"They say the president stays indoors and doesn't see any guests. He walks around the living room all day, seemingly planning something."

"...Even Vice President Xin isn't coming?"

"Yes, no one has seen it."

Now that oil prices have fallen to single digits, news has come from across the ocean that the US government will not intervene in crude oil prices.

This made the bankruptcy of DS Energy inevitable, and DS Heavy Industries was also in a precarious situation, and the foundation of the entire DS Group was shaken.

If the Full Option is executed, Chairman Park Jun-wan will have to take money out of his own pocket. After the news came out, DS Corporation's stock price plummeted.

Park Jin Hyuk said to Kim Jun Woo:

"...Do you have some money? If you do, you can buy DS shares now."

"Chairman, what I'm thinking now is that DS Group is very dangerous."

"It was because of this crisis that I had this opportunity."

Because there are rumors that the DS Group may disintegrate, people have doubts about whether the development of the vaccine can continue.

Various news are overwhelming.

[Are the projects currently underway at DS Group still ongoing?]

Creditors begin considering the possibility of breaking up DS Group

Chairman Park Jun-man faces his most difficult decision ever.

[Vaccine development rights face the risk of being lost overseas]

[The government is urgently discussing the vaccine issue]

It is reported that some creditors are demanding that DS Group hand over the ownership of the vaccine in exchange for revoking the execution of DS Energy's Full Option.

Amidst various different voices, the consensus reached is that the ownership of vaccines must not be lost overseas.

Since DS Group did not respond to these voices, various rumors emerged.

[Swiss multinational pharmaceutical company intends to acquire DS Pharmaceuticals]

[German companies are negotiating with DS Group regarding the acquisition of DS Pharmaceuticals]

[According to Japan's Mainichi Shimbun, DS Energy's creditors have reached a secret agreement with the Japanese side.]

Will the South Korean government sit idly by as vaccines are about to be lost overseas?

In the car on the way to DS headquarters, Park Jin Hyuk received a call from Guo Xiji.

"Chairman, Amei has been contacting us."

"What did they say?"

"Ask if we can trade now."

"If they were to trade now, what price would they offer? If they take $7-8 off, it would only be $1 per barrel."

“…I asked that question, but they didn’t respond.”

"Then leave them alone and let them continue to think about it."

"Chairman, there is another good news about the Rising Sun system integration."

"Oh? I saw their business performance the other day, it's pretty good."

"The US heard about problems with our vaccine development and became very concerned. As a result, the demand for online work continued to increase, and Rising Sun System Integration was overwhelmed."

"Yeah, that's great."

"It seems there will be no problem in listing this year."

"Okay, please keep an eye on Lucas as well."

“As Rising Sun System Integration continues to grow, Lucas is also getting better.”

"Please ensure that both companies are listed in the second half of this year."

"clear."

Shortly after hanging up the phone, the car arrived at the DS headquarters building.

After getting off the car, Park Jin Hyuk clearly felt everyone's strange gazes.

There were many people attending the meeting today, but no one came up to greet him.

Jin Junyu said:

"Chairman, should we go through the side door?"

"It doesn't matter. Everyone is just worried about the current situation of the company."

Today, all the executives from DS Group's subsidiaries came to the headquarters for a meeting.

Because there were so many participants, the venue was changed from the large conference room to the large lecture hall on the first basement floor.

Accompanied by Kim Jun-woo, Park Jin-hyuk came to the elevator.

Jin Junyu pressed the up button.

"Isn't it underground?"

"Chairman, before the general executive meeting, the president will hold a small board meeting. Have you forgotten?"

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