God of Corporate Hunting - Chapter 187



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◈ Episode 187 Preliminary Work (3)

Joo Young-geon, who was looking at Park Won-tae with a dumbfounded expression, let out a sigh.

“I feel like I’m losing out on something if I do business with you.”

“What a loss! Think carefully. Is there an opportunity like this? If you don’t like it, don’t do it. If you’d rather be cursed at in the North Star.”

“That, that’s not it.”

Joo Young-geon waved his hand urgently.

Park Won-tae smiled as if he already knew.

“Okay, you’ve decided? Instead, I won’t make a contract to distribute to Bukseong. You understand? Don’t buy it too expensively. Bukseong is the one in a hurry.”

“I know.”

Park Won-tae and Joo Young-geon linked their fingers like children, as a sign of contract.

Do Myeong-jin asked as he saw them off after the meeting.

“Director Nam, is there anything good these days?”

“There’s Biomiracle, right?”

“Ah! That! I was grateful at that time. If it weren’t for Director Nam, I would have been fooled without a fight. Aside from that, aren’t there any other investments you’re looking for?”

“well.”

Do Myeong-jin urgently mentioned several companies that he had recently been investigating.

“How about KW Net, Jeongul Studio, and Paratech?”

Among the companies that Do Myeong-jin mentioned, there was one that Nam Woon-myung had recently reviewed. Of course, Mega Asset Management did not feel the appeal of investing in such unclear startups.

Because he wasn’t satisfied with an average annual return of 10%.

“KW Net is not that great, and Jeongul Studio is a mobile game company, right? They will grow a little bit. Don’t even think about Paratech. They are a group of scammers.”

Nam Woon-myung gave a brief assessment. Of course, it was not a prediction based on technical understanding. He simply predicted the company’s fate through the president’s face.

In fact, new small businesses have a very high owner risk. If they can just avoid the owner risk, they will not suffer any major losses.

“Really? Thanks.”

Thanks to Biomiracle, Do Myeong-jin also trusted him like a charm.

If you believe what I said today, Do Myeong-jin will not fail. It is a strategy to build a close relationship with KMM, as there are signs that there will be more cooperation with them in the future.

“I’ll buy you dinner next time.”

“of course!”

Nam Yunming waved his hand and left KMM.

My heart is racing because I know that the North Star AF Tech will be back soon.

* * *

Nam Woon-myeong contacted Bae Joo-hyun via text message.

Currently, Bae Joo-hyun is on a business trip to Saudi Arabia and is very busy with the Oksagon Floating City.

“Bae Joo-hyun: Oksagon is slowly coming into view. It’s an island floating in the sea, but it’s so large that it doesn’t feel like an island.”

It seems like he’s too busy working to notice anything.

“Nam Unmyeong: Work hard. If you work when you’re young, you’ll be comfortable when you’re old.”

“Bae Joo-hyun: Ugh! My life wasn’t like this until recently. Back then, it was fun with alcohol and women.”

Nam Woon-myung smiled and tapped the keyboard.

“Nam Unmyeong: Shall I take you back to that time?”

The Oxagon floating city and autonomous ship navigation projects are underway. I recently heard that there have been remarkable achievements in hydrogen fuel cell ship engines.

It was as Nam Woon-myung had expected. In fact, he and Bae Joo-hyun only contributed by putting their spoons in the successful business, but the fruits of their labor were very sweet.

“Bae Joo-hyun: I got a call from H Solution. You said you went there recently?”

“Nam Woon-myeong: They contacted me to meet them. Thanks to that, I was able to jump into the UAM business.”

“Bae Joo-hyun: Vector… … What did it say?”

“Nam Unmyeong: Vectorfly. They are the leader in the UAM business.”

“Bae Joo-hyun: Isn’t there an existing UAM business?”

“Nam Woon Myung: There are. In China and the United States. However, they are private flying car companies, while we are mini-bus companies. In terms of business viability, we are far superior.”

If flying cars can’t be made available to individuals like automobiles, then Vectorfly will win.

“Bae Joo-hyun: H Solutions said they would supply hydrogen fuel cell engines to that company. They are finally generating sales outside of ships.”

Of course, the sales of ship engines have not yet been made. It took some more time for the development to be completed. If the synergy between H Solutions and HM Technology is properly demonstrated, it will not take long.

“Nam Woon-myeong: Actually, our country is a leader in the development of hydrogen fuel cell vehicles. However, it has been lagging behind electric vehicles recently. In the meantime, we are making a way for ships, right? Thanks to that, we have been able to get started on UAM first.”

It is a highly competitive field, so we cannot afford to be careless at all.

He was typing hard on the keyboard and looking at the monitor when someone tapped him on the shoulder.

Knock knock-

“I’m busy.”

Knock knock-

He waved his hand over his shoulder, indicating that he was annoyed.

“Who… Eww!”

A woman he was seeing for the first time was glaring at him with a frown. She seemed to be in her early thirties.

This problem occurs because Shin Chul-ho is away on a business trip. In the past, when a beautiful woman appeared, Shin Chul-ho would talk to her first, so there was no need for such surprises.

I think I leaked some random texts to a strange woman.

“Mr. Nam Woon Myung?”

The woman confirmed his identity.

“Who, who are you?”

I don’t remember ever meeting him.

“Can you look at me?”

“Oh, yes.”

Is it difficult to see?

Nam Woon-myung cleared the chat screen and turned around while sitting down.

“I heard you’re moving… Don’t you have a separate room?”

The woman asked, looking pitiful.

“Because that’s just a business card that was sold as a moving company.”

Who is not a director at Mega Asset Management?

The woman’s sigh deepened.

Nam Yun-myeong seemed to have a purpose, so he guided them to the conference room. This was the only place where they could talk privately.

“Come here.”

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He sat the woman down and asked her.

“Would you like some coffee?”

“No, we don’t have much time, so let’s get straight to the point.”

Nam Yun-myeong sat across from her and examined her closely from then on.

I had a feeling it was her. I remembered someone similar among the women with similar looks.

“Are you Hyun Aram?”

“Huh? You knew?”

“I have a good eye for detail.”

HyunA Sol’s older sister and the owner of the Bukseong Group family. She is also Bae Joo Kwang’s wife. Bae Joo Kwang, this guy, has a wife like this and still cheats on me!

I wanted to meet her anyway.

Last time, I had advised Bae Ju-kwang to participate in the capital increase of Bukseong Securities and to make sure to secure Chairman Hyun Man-heum’s inheritance share, so I was curious to see how successful it would be.

“I guess CEO Bae Joo-hyun is doing well these days?”

“It seems so.”

There was no need to hide it since you just saw the chat content on the monitor. Also, it is already a widely known fact.

“You seem to be doing a lot of business together? I heard that you were just a business advisor… but it seems like it’s more than that?”

“That’s true. We naturally became close as we did business together.”

Hyun Aram frowned slightly.

After a moment of composure, she asked again.

“I came to ask you a few questions. First of all… Are Yoon Se-bin and President Bae Joo-hyun very close?”

What is this?

“We know each other well.”

“Other than that. Like the two of you getting married…….”

“It seems like Representative Yoon Se-bin has no intention of marrying anyone.”

“ah!”

“Why are you like that?”

“My husband said that the two of them seemed to be in a similar situation. I thought there were marriage talks going on between you and Hyun Chang-min.”

“You’re also making a mistake.”

Nam Yun-myeong said confidently.

Somehow, Hyun Aram seemed relieved.

I got a sense of what was going on.

“There’s no way Yoon Se-bin would help President Bae Joo-hyun by marrying her. Of course, you can’t predict what tomorrow will bring. But in the current situation, even without Representative Yoon’s help, President Bae Joo-hyun will have no problem taking control of the group.”

“Phew, that’s right.”

Hyun Aram let out a long sigh and agreed.

“The problem now is not the Daehan Chosun Group, but the Bukseong Group. Do you agree?”

Hyun Aram nodded.

“First, tell me how inheritance has changed.”

Although Hyun A-ram is not a party to the inheritance, she is related because there was extreme fluctuation in assets within the family.

“Thanks to Director Nam, Bukseong Machinery participated in the paid-in capital increase of Bukseong Securities. Of course, the money is not Bukseong Machinery’s, but it is still Bukseong Machinery’s on the surface.”

“Yes, that’s right.”

Nam Woon-myung also responded with a janggu.

After Bukseong Machinery purchased the convertible bonds of Bukseong Securities, they transferred them to Daehan Hydrogen Engineering. Therefore, Bukseong Securities does not belong to Bukseong Machinery. In fact, Bukseong Securities belongs to Daehan Shipbuilding Group, and strictly speaking, it belongs to Nam Woon-myung, who owns Daehan Hydrogen Engineering.

Hyun Aram continued speaking.

“I learned a lot from this incident. Opportunities only come to those who are prepared. If I had cash this time, I would have taken advantage of this opportunity to grab Bukseong Securities. But I couldn’t do it because I didn’t have money.”

It is not wrong, but no one in modern times is rich in money. Most people live in debt. The chairman of a conglomerate is no different. Even in such a situation, one must always be prepared for emergencies. The gaps in the Bukseong Group that Hyun A-ram discovered this time are surprisingly frequent.

Looking back, I regret that if Bukseong Machinery had been stockpiling funds, it could have become a key player in this situation, but the reality is that it is not easy to grab it even if it comes back.

That is why it is consequential and empty.

“Yes, I guess so.”

There is no need to reveal the truth of those words.

“I did receive some of the inheritance, though it wasn’t enough. It wasn’t as much as my eldest son Hyun Chang-yoon, who is the main successor, but I did receive at least some of the shares of Bukseong Chemical Energy and Bukseong Bio…….”

Originally, it was a stock of another unnamed affiliate company. It was a company that could go bankrupt at any time, but they insisted on changing it to the main companies, Bukseong Chemical Energy and Bukseong Bio.

Thanks to this, Hyun A-ram said that she had achieved some results in the inheritance war.

“Well done.”

Hyun Aram’s complexion brightened slightly.

“Director Nam, are you getting along well with Asol?”

“So-so.”

“I heard you coached Asol well this time… Please let me know. What do you think will be important next? It doesn’t seem like everything is over yet.”

Paying the inheritance tax is not the end. In order for the Bukseong Group to stabilize, it must retrieve the stocks entrusted to the private equity fund. And within five years.

Nam Yun-myeong, who had been waiting for that question, spoke without hesitation.

“The most important company in the Bukseong Group is…….”

“Bukseong Bio and Bukseong Chemical Energy. Of course, if you only look at market capitalization, Bukseong Chemical Energy is the largest.”

“That’s right. But Bukseong Chemical Energy is so big that it won’t be easy to deal with, right?”

There is no way Hyun A-ram can take over a core company of a group with a market capitalization of tens of trillions of won.

“At that time, a change in thinking is needed. Where is the place that holds the North Star Chemical Energy?”

“Father……. Ah!”

Hyun Aram, who was answering absentmindedly, let out an exclamation.

“Yes. Bukseong Construction. The current major shareholder of Bukseong Construction is President Hyeon-Seop, right? Bukseong Construction controls Bukseong Chemical Energy, and Bukseong Chemical Energy owns shares in all affiliates. Isn’t that right?”

Hyun Aram nodded vigorously.

“Bukseong Construction shares are also held by Hyun Chang-yoon and Hyun Chang-min. What about you?”

Hyun Aram clenched her fist without answering.

Unfortunately, Hyun A-ram did not own any shares in Bukseong Construction. On the other hand, Hyun Chang-yoon, Hyun Chang-min, and Hyun A-sol each held 4%.

In this respect, it was clear that she, as an outsider, was marginalized.

“Ask for that 4%. You can’t afford to lose money, right?”

“There’s no way that’ll happen…….”

“If you ask for it, you can get it. You can either receive shares in an affiliated company, or you can receive Ms. Joo Do-hee’s stocks in advance.”

Nam Woon-myeong emphasized Hyun A-ram’s unfair treatment and fanned her greed.

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