God-Given Investment Genius - God-Given Investment Genius chapter 29

29- Thieves (2)

#29. Thieves (2)

The next morning, Secretary Go and Seo-yeon were discussing the conditions for issuing convertible bonds given by Ji-hyeok.

It was Secretary Go who got lucky first.

“CEO, what did you ask Kang Ji-hyuk for?”

“huh? I begged you to borrow some money, well. How does Secretary Go look? I don’t think the conditions are too bad…”

“These terms are not simple convertible bonds, but are called Redemption Preferred Convertible Stocks (RCPS), and it is a technique used by angel funds to invest in small and medium-sized enterprises (SMEs) or startups with high growth potential.”

The condition Jihyeok suggested was actually simple.

First of all, it is to invest by acquiring preferred stocks without voting rights, which have a fixed maturity date and interest rate.

Since preferred stock is preferred stock, it is expected to receive a higher dividend than common stock.

After that, when the maturity date arrives, the preferred stock can be handed over and principal and interest repayment requested, or the existing preferred stock can be converted into common stock.

Conditions that can be said to be a bit harsh in some ways.

Even if the company’s situation does not improve, the principal can be recovered, and when the company grows, it is possible to acquire common stock at a low price like a stock option and reap large capital gains.

The secretary continued.

“With this amount, when the company normalizes later, too many voting rights can go to Kang Ji-hyeok. Besides, on the day of the listing…”

“Would that be great?”

“Yes. From Kang Ji-hyeok’s point of view, it’s no different from a flower-playing team.”

Seoyeon smiled and said.

“No, not Mr. Jihyeok, I am the jackpot. Mr. Jihyeok, what kind of ordinary person are you? According to Secretary Goh, it seems like the condition presented with the listing in mind, but that means that you will grow the company enough to be listed on the stock market.”

“If this amount of convertible preferred stock is converted into common stock, it can pose a great threat to management rights.”

“Poop, Secretary Go. In my mind, I want to ask Mr. Ji-hyeok to take over the management. But have you already prepared a professional manager? I didn’t have anyone to trust, but don’t you think it turned out really well?”

Secretary Go said with a slightly stiff expression.

“CEO, you know that you trust Kang Ji-hyeok too much, right?”

Seoyeon erased her smile and said with a serious expression.

“Secretary Go.”

“Yes, sir.”

“Jihyeok speaks very well.”

“Isn’t it natural that it’s your job?”

“It could be. But those words all make people move. Not only me, but Cha Moo-seok, Il-sung Electronics, and even my dad. And the uncle and dad said they would return the favor to Mr. Ji-hyeok. Do you know what Mr. Ji-hyeok said?”

“…”

“They told me to repay it. The result is the affiliates I have now. The other person is approaching me with good intentions, but I doubt him… is too shameless.”

Secretary Go nodded and said.

“If you are so determined, CEO, I will proceed as it is.”

“And Secretary Go.”

“Yes, sir.”

“I know that. Redeemable convertible preferred stock, I heard that it is recognized as equity, not debt?”

“Ah… it is basically classified as stock, so it is correct that it is accounted for as capital.”

“If there is no profit, there is no need to pay dividends even if it is a preferred stock, right?”

“Yes, it is, but……. Then, just in case, to reduce the interest burden…”

Seoyeon smiled again and said.

“well. That’s what I think… Am I too naive?”

Secretary Ko was actually a little embarrassed.

Seo-yeon, whom the late secretary knew, was not the naive youngest daughter of a conglomerate family in the drama, but a realistic person full of lust for money.

He was a person with a bit of arrogance and vanity…

However, at some point, Seoyeon was changing little by little.

Seoyeon’s face, smiling more often than before, became more comfortable.

There was also a lot of change in the attitude towards the secretary.

Some might say it was just an extra salary and student loans, but as far as the late secretary knew, there were very few cases in which those who had had such consideration.

It wasn’t because they were stingy, it was because she was unaware of their poverty in the first place.

But now, Seoyeon looked around and even showed herself taking care of her people.

It was the late secretary who realized for the first time that a person can change like this just by having someone to trust and rely on.

‘CEO, I hope it won’t be a sad ending…’

“Secretary Go, are you listening?”

“yes? yes. Please speak.”

“I decided to proceed with the investment, and create a position for Jihyeok in the retail sales management team.”

“Kang Ji-hyeok’s seat? Is it because of the embezzlement issue I mentioned last time?”

Seoyeon nodded and said.

“I will catch all the thieves before investing. Thank you so much.”

“However, there is no TIO for the team leader position in sales teams 1 and 2. Both of them have just been appointed, so there is no justification for replacing them…”

Seoyeon smiled and said.

“They say it’s okay to be a regular employee instead of a team leader.”

“Wouldn’t it be better to set up an audit office and go there? The retail side didn’t seem to have much to do with the embezzlement…”

“I thought Jihyeok had a different idea?”

Secretary Go asked with a tilt of his head.

“What did you say?”

“All of them are thieves, but they say the quality in retail is the worst.”

“yes?”

“Anyway, I want to cut everything off and start a new one, but Ji-hyeok says I can’t do that again. I want to know who will do the work once everyone is cut, but?”

To the late secretary who was still tilting her head, Seoyeon gave a mischievous look and said,

“Anyway, Secretary Go has something to do.”

***

A few days later, Dong-soo was smirking as Ji-hyeok left home early in the morning, giving him shoes.

He even fixed his tie as if he were his wife, then took a step back and said to Jihyeok.

“Hey, you look good, bro. As an office worker, wearing a mask is a bit of a waste, but since it’s so young, it’s perfect for a new employee.”

Jihyeok smiled and said.

“It won’t be long, so Dong-soo, reopen the Yeoksulwon’s website and make a reservation.”

“yes? Are you opening the fortune teller again?”

“Then did you think I would be an office worker for the rest of my life?”

“It’s not like that, now you own several companies with assets worth hundreds of billions of won… do you really need to do that?”

“why? Do you not want to work at the temple?”

Dongsu scratched his head and said.

“It’s not like that, but… I don’t think you’re the kind of person who would just do shaman work.”

“If each of them has been brought to a suitable place, I will have to go find it. If there’s something you don’t want to do, tell me. I’ll make a place for you at Sunghan Paper.”

“yes? really?”

I couldn’t tell if it was good to have him work in the same place as Jisoo or not to have to work at the same place as Jisoo, but Dongsoo looked genuinely happy.

“But… big brother, if you get out of that big brother’s shadow, won’t the ghosts cling to you again?”

“That’s why you can’t live with me for the rest of your life, can you? I will pray to my Highest Deity and write a talisman, so take it with you. If you feel any strange energy, run straight to the shrine.”

In an instant, Dong-soo’s eyes lit up red.

“Brother… older brother…”

“Are you that good? No matter how parachuted you are, you have to pay for food, so do your best no matter what you order.”

“Yes, I love it, brother. I think I’m going crazy because I like it because I think that even a guy like me can become an ordinary office worker.”

Jihyeok knew Dongsu’s heart better than anyone else.

Thinking back to drug addiction and psychiatry because of the goddamn sickness, I couldn’t help but know better than anyone how Dong-soo felt.

to live normally.

It sounds like an easy word in the world, but it’s a law that is terribly desperate for someone.

The moment Jihyeok came out of his flashback, Dongsoo said while wiping away tears.

“But, brother. I’ll just be by my brother’s side and help with the new party.”

“huh? If you’re worried about me, you don’t have to. I’ll only be taking one customer a day, so I won’t be as busy as before.”

Dongsoo said with an awkward smile.

“So. Where would I go if I left this honey job with few customers?”

“hahahaha, that’s it again. Talk to me whenever you change your mind.”

“Yes, brother. Okay.”

“Okay, then don’t go.”

***

Arriving at the Yuwon Cosmetics headquarters building in Jamsil, Jihyeok put on an overly luxurious suit for a new employee and approached the information desk.

Although it was not a large-scale company for an affiliate of Yuwon Group, it still had a variety of products as befits a company with a large corporation as its parent company.

“How did you get here?”

“Hey… that… I came because I was told to find Mr. Koh Hyo-jin.”

For some reason, Jihyuk spat out the words with a slightly smirk on his face.

“Are you talking about Secretary Koh Hyo-jin, who works in our CEO’s office?”

“Ah yes. you’re right. I think he said he was a secretary. Is the CEO still before work?”

“I can’t tell you the CEO’s personal schedule.”

Jihyeok said with a sad expression on his face.

“Then, please give Secretary Go a call.”

“Would you please wait over there for a moment?”

The desk clerk immediately called Secretary Ko, and within three minutes, Secretary Ko approached Jihyeok with a face full of annoyance.

From noble mtl dot com.

“Kang Ji-hyeok, why are you contacting me because you can go straight to the personnel department?”

A chill blew from Secretary Goh’s tone.

Jihyeok still had a smirk on his face as he spoke to the late secretary.

“No, but it’s your first day at work, so it’s nice if someone you know guides you. What is good networking?”

“Ha… you don’t know the real subject. The CEO looks at you as cute, so do you think you can be anything?”

“Ah, you make me very sad. I came because they said they would make me an office worker who is making good money. Isn’t that too much?”

The voices of the two were so loud that even the desk staff seemed to be listening.

Secretary Go said with a mixture of irritation.

“Follow me, I will take you to the personnel department. The head of the HR manager will give you basic training, and then you will be assigned to the 2nd sales team.”

“Why are you baking it so coldly when you’re going to take it anyway?”

“This is the first and last time. In the future, never pretend to know, whether at work or outside. Also, if there are any strange rumors going around about the CEO, I will think it’s all your fault and I’ll fire you as it is, so know that.”

“Yes, yes. Please guide me to the personnel department.”

Ji-hyeok, who had been chasing after the late secretary, stopped for a moment, winked at the female desk clerk, and then followed the late secretary again.

The female employee, who was winked at by the handsome new employee (?), felt dizzy, but soon shook her head, recalling the conversation between the late secretary and the new employee.

‘Completely, a player. Wait… was it because it was the 2nd sales team?’

Recalling the conversation between Secretary Goh and Ji-hyeok, the female desk clerk called somewhere quickly.

***

Kang Yoo-mi, head of Sales Team 2 with a partition between Sales Team 1 and Sales Team 2, received a call from a desk clerk with whom she was not particularly familiar.

“Director Lee, did you know that a new employee is coming to our team?”

“Are you a new employee? It’s not even open recruitment season, what kind of new employee… The current company situation is not the time to hire new employees.”

“know. The retail sales team 3 was completely dismantled.”

“Yes. The number of direct road shops has also decreased, and it is not a situation to hire employees.”

Team leader Yumi Kang said with a fishy smile.

“But, it looks like a new employee will come here in a little while.”

“Something like a parachute?”

“Uh, CEO Jin Seo-yeon back.”

“yes? Then it’s a big deal.”

“Hey, what’s the big deal? Listening to it, I don’t think it’s a particularly great relationship. But just in case, take Hyeji out with her when she goes out.”

Assistant Manager Lee Hye-ji was surprised and asked back.

“Are you telling newcomers to open right away?”

“Mr. Hyeji just watches what newcomers do. I’ll talk to the manager of the Myeong-dong store, so let’s try it there.”

“Ah… But if you’re a new recruit, shouldn’t the HR department give you basic training before you send them off?”

“I know yeah. This is a big company with a signboard, and the HR department looks like a hole-in-the-wall shop. Anyway, be careful with what you say in the presence of new employees for the time being.”

“Yes, chief.”

Moments later, assistant manager Lee Hye-ji, who came out of the small meeting room, saw the head of human resources and Ji-hyeok walking into the office, and said to team manager Kang Yu-mi with her mouth wide open.

“Team manager, I think CEO Jin knows where he met that new employee.”

“Huh, that’s right. From head to toe, I was plastered with luxury goods. Our CEO Jin has noble hobbies.”

Soon, Jihyeok came over and bowed his head to say hello.

“Nice to meet you, I am Kang Ji-hyeok, a new employee. Everyone has a good impression. hahahaha.”

A thick, buttery smile hung over Jihyeok’s face.