Super Genius DNA

Chapter 37: Independence (4)

Chapter 37: Independence (4)

A-Gen management was preparing to hand over the management rights. CEO Yoon Dae-Sung had long considered how to hand over the management rights and the huge assets to his son Yoon Bo-Hyun.

Normally, there were three procedures that were followed by the head family of a large company.

First of all, they would start their own child company. When doing this, they would make sure that the prince who was going to receive the management rights had a significant share of the new company. Second, they would concentrate the high-profit work on the child company and grow it at an abnormal speed. Third, they would merge the large child company with the mother company and allow the prince to have a large share. After those steps, the management rights and assets had been transferred successfully.

The person who was preparing this huge management right succession project was Ji Kwang-Man, the Division Manager of A-Gen management. He had known Yoon Dae-Sung for a long time, and they were basically family. Ji Kwang-Man was extremely loyal to him, and he sincerely respected and liked Yoon Dae-Sung.

Then, what did he think about Young-Joon?

‘A legendary horse that is stubborn and runs however it wants.’

That was Ji Kwang-Man’s honest judgment about him.

When Yoon Bo-Hyun said that they needed to crush him a little, he told Yoon Bo-Hyun that he would take care of it.

Young-Joon was a difficult person to break, and he would become an enemy that they would constantly collide with if left like that. Then, wouldn’t it be the best course of action to make him into an ally?

Ji Kwang-Man strongly proposed that Young-Joon should be appointed as an unregistered director during the board meeting. He also strongly insisted that they give him shares as well. It went as he planned during the board meeting, and the decision would be confirmed during the shareholders' meeting.

The next thing to do was to make Young-Joon an ally.

This was about two weeks from when Young-Joon recommended Veratex, a treatment for high blood pressure, to Hong Ju-Hee.

Ji Kwang-Man was parking his car in the Lab Six parking lot.

—This is the eight o’clock evening news. Today at three o’clock, the optic cell treatment derived from induced pluripotent stem cells that were developed by A-Gen has entered Phase One of the clinical trial. Trial patient Son has lost their vision to glaucoma.

The SBS News came out from the car radio.

Click.

Ji Kwang-Man turned off the radio and got on the elevator.

At the same time, Young-Joon was covering his face with his bag in embarrassment after the eight o’clock news revealed his interview to Jung Hae-Rim. Please visit fr𝐞𝐞w𝒏.𝒸𝑜𝔪 website to read fastest update

While standing beside him, she said, “Oh, and Young-Joon. In your next interview, don’t glance at the camera. If you see on TV, all the doctors and scientists who are wearing gowns always keep a forty-five degree angle from the camera. That’s the classic way.”

“... I have wondered why they do that for a long time. Why do they always make it like that when a news outlet or TV program does an interview with an expert?”

“It adds trustworthiness to the interview if they make the situation look like the expert is not acknowledging the camera. It kind of feels like the expert is talking in a more objective way? Broadcasts are all about the details.”

“No, but I don’t understand why they do that when I’m doing the interview to explain this to the public who are watching it through the TV.”

“Did you argue about that with the reporters?”

“Well, I didn’t argue, but they did say something because I looked at the camera so much. But they gave up later on because I kept staring at it.”

“Wow! You really exceed my expectations. You don’t allow anything that is even a little unreasonable or unfair, do you?”

Young-Joon’s ears turned red.

“I don’t think it’s unreasonable or unfair... I didn’t look at it on purpose or anything. I’m not that much of a fighter, you know. I just couldn’t help but glance at it because it was bothering me a little.”

Young-Joon laughed like he was a little embarrassed.

“What is this?”

Jung Hae-Rim pointed to a book that was propped up on one side of Young-Joon’s desk.

I Lived As a Scientist, Not a Businessman. Author: Yoon Dae-Sung? This is a book written by our CEO.”

“Yes.”

“You’re reading something like this because you’re about to be a director...”

“It’s not that. I only read it as a reference to help me decide what my next target will be for the iPSCs”

Ring!

The office doorbell suddenly rang.

“Who is that?”

Jung Hae-Rim turned to the door in puzzlement. Usually, the people who rang the office doorbell were salespeople who were here to deliver lab materials. But it was eight o’clock in the evening; it was long past the time for salespeople to visit.

“I’ll get it and see.”

Jung Hae-Rim went outside the office. When she returned, she had a sour expression and Ji Kwang-Man with her.

“Sir?”

Young-Joon rose from his seat.

However, an affiliate company had separate, independent management. The most important standard was how much shares they were willing to give to the company that was in the same group as them, but an affiliate company was basically a separate company.

“And I want to start with the possession of one hundred percent of the shares of this affiliate company,’ Young-Joon said.

Things were getting worse.

“Doctor Ryu, did you have a drink or something before meeting me?”

“No, I’m serious about this. And I want you to help me get this proposal approved.”

“... Why are you trying to make an affiliate?”

“You just said it, sir, that it would be easier for me to pursue the research I wanted if I became the CEO and led the company. To ensure that, the best way is to keep all the company shares to myself first. Well, I could divide the shares up later for tax savings, but I am going to do that,” Young-Joon said.

“Well, if you are going to be that conservative about it, don’t you think it will be easier if you just start your own company?”

“I can only use A-Gen’s huge infrastructure if I’m in the same group.”

“...”

“The reason I wanted to become a director of A-Gen was because of the ability to build an affiliate company,” Young-Joon said.

“In order for the concept of affiliate to be established, the same person must hold more than thirty percent of the two company shares combined with an affiliated person. My lawyer friend told me.”

“That... is true...”

“As soon as I become a director of A-Gen, I become an affiliate of the CEO. It fulfills the conditions of an affiliate company.”

“It’s not going to happen. Even if that’s the case legally, do you think the company will invest a large amount of money to make an affiliate company and just give it to you as a whole? Realistically, do you think that will happen?”

“It’s a small company compared to A-Gen. It’s going to be worth around twenty billion won. And there’s no need for A-Gen to invest because I’ll pay one hundred percent of it.”

“Excuse me?”

‘Did he just say twenty billion? Is this bastard crazy? No wait.’

Whenever Ji Kwang-Man thought that Young-Joon was not in his right mind, he always got stabbed in the back hard. If this guy looked like he was bluffing and was talking nonsense, it was true. There was a good chance that what Young-Joon was talking about right now was true.

‘But still, twenty billion won?’

Twenty billion won was not just a small amount of money that people would have lying around. How could a mere Scientist, that was the lowest on the company hierarchy, have twenty billion won in their pocket?

“...Doctor Ryu, you haven’t received A-Gen shares yet. You’re not thinking of selling that, are you? And you can’t sell them off that easily. You will have become a director when you receive those shares, and you must announce it even when selling just one share,” Ji Kwang-Man said as if he was warning Young-Joon.

“I know that. And I have no intention of selling A-Gen shares. Why would I sell it when I gave away the shares of my precious iPSCs?”

“... Then how would you come up with twenty billion won by yourself?”

“Haha, I won the jackpot, you see.”

“Don’t joke around.”

“It’s a secret. I’ll tell you next time.”

As soon as they parted, Ji Kwang-Man called everyone he knew. It was to investigate the deposits and withdrawals from Young-Joon’s account.

Of course, it wasn’t easy to find out an individual’s financial transactions, which was under heavy security, but Ji Kwang-Man influence reached key government agencies that dealt with money, such as the National Tax Service.

Ji Kwang-Man invoked the right to request financial transaction information to track Young-Joon’s account. Young-Joon peacefully agreed to all of it and put all of it out in the open.

After some time, the news was now talking about how Son Soo-Young was successfully cured in the clinical trial. When A-Gen was in a celebratory mood, Ji Kwang-Man couldn’t even sleep. He felt like he was going to go crazy.

The news that glaucoma had been conquered was broadcast every day and night.

“Fxxk, I wish they’d stop broadcasting that. That damn glaucoma!”

On his way to work in the morning, Ji Kwang-Man turned off the radio in irritation. This was two days before the shareholders' meeting where Young-Joon’s appointment as director would be confirmed.

At A-Gen right now, Young-Joon’s reputation was skyrocketing into space. In this atmosphere, Ji Kwang-Man really didn’t know what would happen if he really brought twenty billion won and said he was going to start an affiliate company.

Ring!

One of his networks from the National Tax Service was calling him.

“Hello?”

—Sir. Young-Joon is poor. He has tens of millions of dollars in debt in private loans. He also has student loans.

“And he has no assets?” Ji Kwang-Man asked on the phone.

—Nothing. He has no car or a house. He pays rent monthly for a basement. He’s poorer than me. He hasn’t gotten any funding from anywhere either.

“Of course. He can’t get individual funding since he’s going to be a director of the company. Sigh... This is insane.”

Now, there were just two days left.

‘He’s going to make twenty billion won in two days? Is there some kind of job where the daily rate is ten billion won? What is this bastard trying to do?’

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