Chapter 458: Superior
(.) Lee Kun-hee guessed right, and what happened next was just as he expected. However, being able to guess does not mean that he can avoid the life of the matter, in fact, from the moment the ** court (Supreme Court) lost the case, Lee Kun-hee knew that the time for his end had come.
The reason why he waited for the coming of the ending was for his son Lee Jae-chrome. Over the years, Lee Kun-hee has defeated his eldest brother Lee Mong-hee in the competition, and has mastered the Samsung Group created by the Lee family as the third heir when no one is optimistic. Over the years, the Samsung Group in his hands has been thriving, and it is many times stronger than when he took over in terms of wealth, scale and strength. It is for this reason that he, Lee Kun-hee, can be regarded as an idol by countless Koreans and called the god of management.
But even so, one wrong step and one wrong step, Lee Kun-hee still fell to the point where he is now. He knew very well that if he fought hard, he might have a chance, but the price to pay was huge. Not only will half of his life's hard work be in vain, but even the family's Samsung Group will disappear. Even more terrifying, his heirs are also likely to lose their freedom. Compared with this, it is worth exchanging a self that has not many years left to keep his family's inheritance and his only heir.
No matter how hard Li Jianxi and Li Mengxi's father and son fight, after all, they are both surnamed Li, and they also have the blood of the three-star Li family in their bodies. From this point of view, Lee Kun-hee is still acceptable after figuring it out. That's why he put forward his request to the officials surnamed Cui, and he also believes that when this request is reported, in order to prevent him from fighting to the death, those politicians who pursue interests should agree.
Indeed, on the third day after Lee Kun-hee signed, Lee Meng-hee and his son, who had completed the share transfer, successfully entered the board of directors of Samsung. At the same time, Lee Kun-hee publicly announced his resignation as chairman of Samsung and handed over the power to the board of directors.
The day after he resigned, South Korea's judiciary opened an investigation into Lee's case, while also restricting some of Lee's freedoms. In view of his special status, the judicial authorities did not detain him, but did not allow him to appear in public, even including receiving visitors. In other words, from this moment on, Lee Kun-hee can be regarded as under house arrest.
But what is surprising is that Lee Jae-chrome, who is the crown prince of Samsung, has not been investigated, and he still holds the position of vice president of Samsung Group. It's just that Lee Jae-chrome, who used to be very high-profile, suddenly became a simple man, in addition to commuting normally, even the internal meetings of the Samsung Group rarely participated, and even if he did, he often didn't say a word, and he didn't say a word as a decoration.
Half a month later, the board of directors of Samsung Group was re-elected, and Lee Mengxi, who returned to Samsung, was elected as the new chairman (chairman) of Samsung Group by many votes in just over ten days after becoming a director, and at the same time, Lee Jae-hyun was also appointed as the vice president of Samsung Group as a director. What is even more surprising is that Li Shengbin, who was previously dismissed, returned to Samsung at the same time, still serving as vice president and in charge of the finance department.
When he sat on the throne of the board of directors (president), Lee Mengxi was full of emotion. At one time, he was so close to this position, as if he could get this supreme right with just one hand. It's a pity that in the end, he fell from the position of one person under ten thousand people to the dust, and it was his younger brother who once looked down on him who finally sat in this position. This is the regret of Li Mengxi's life for half of his life, and it is also a point that he has never been able to forgive his father. And today, the dream has finally become a reality, and many years of humiliation and grievances have turned into the joy of victory at this moment.
After becoming the chairman (chairman), Lee Mengxi introduced a series of measures. First, it announced the resumption of the acquisition of Samsung Corning, and at the same time publicly announced that Samsung Group has received strong support from American banks and will receive a huge amount of $1oo million in a short period of time. With the $200 million in the early part of the funding already in place, some of the Samsung Group's stalled operations will continue. If you agree to cooperate with Samsung Group, please reply within three days if you agree to cooperate with Samsung Group, and if you plan to interrupt the cooperation, Samsung Group will not be reluctant, but Samsung Group will classify these companies and enterprises in the list of Class B cooperative enterprises, and will not consider these Class B companies in the future unless necessary.
As soon as this incident was revealed, it immediately attracted widespread attention. Some small and medium-sized suppliers were the first to react, and the reason why they had previously interrupted Samsung's cooperation, or asked Samsung to cooperate in a cash-and-cash manner, was mainly because of the financial problems of Samsung Group. And now the Samsung Group, which has received huge financial support, has no financial problems, and coupled with the resumption of the acquisition of Samsung Corning, the second Samsung Group alone can obtain nearly 7o billion US dollars in asset income. Coupled with $1oo million in cash support, how can Samsung Group still lack money?
If for these reasons, Samsung Group is classified from a class A enterprise to a class B enterprise, that is, it is blacklisted, which is equivalent to being completely closed by Samsung Group in the future, which is a result that suppliers are extremely unwilling to see. On the afternoon of the first day when the news spread, these small and medium-sized suppliers immediately contacted Samsung Group and expressed their willingness to continue to cooperate with Samsung, and even several companies offered to continue to cooperate in the way of the previous monthly settlement, without the need for Samsung Group to settle in cash.
The next day, several joint venture partners also expressed their appreciation for Lee's statement and announced that they would continue to cooperate with Samsung Group. Although the financial investigation of the Samsung Group joint venture must be continued, the financial investigation can be carried out at the same time as the cooperation continues to avoid losses for both parties in the joint venture.
In this way, it immediately caused a chain reaction, and by the end of the three days, the normal operation of Samsung Group basically returned to normal. Although it has not yet returned to the previous level, from the current situation, the predicament faced by Samsung Group has eased a lot.
It seems that it was discussed, and Li Mengxi's side has just stabilized the predicament of Samsung Group. South Korea's judiciary has entered the final stages of the case against Lee Kun-hee. In accordance with the progress of the case announced by the judicial department, Lee Kun-hee was formally prosecuted for various crimes. And the monitoring and restrictions on Lee Kun-hee himself have also begun to be strengthened, and everyone understands that this strongman, who has escaped two prison sentences, may not be able to avoid it this time.
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