God of Corporate Hunting - Chapter 230



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◈ Episode 230: Termination of the contract (1)

The expected answer came out.

Of course, this is not a coincidence. Nam Woon-myung had guessed the other person’s fate in advance based on their date of birth and photo.

If it were someone who had absolutely no chance of giving such an answer, I would have found another way.

The reason he joined through Kim I-geun was to ease the opponent’s guard. To Shin O-guk, Kim I-geun was a great senior and a trustworthy person.

“I see. Then you must remember the civil war that occurred in the Bukseong Group a while ago. As you know, there is no neutrality in war. It is either the enemy or the ally. Madam Joo-hee Joo is not happy with the current Bukseong Group. That is why she is trying to reform the system.”

“How?”

“We would like to sell some of the shares held by Bukseong Life Insurance in its affiliates.”

“The sale of shares is a matter of great importance to the group.”

“Yes. When the time comes, we will execute it in an instant. We must prepare until then. Would you like to join us?”

Shin-O-Kuk couldn’t answer easily.

Do you need carrots?

“If you follow the wishes of Ms. Joo Do-hee, you can take charge of Bukseong Life even after the group reorganization. Ms. Joo Do-hee never forgets to help. On the other hand…….”

Nam Yun-myeong stopped talking and glared at the other person.

“…….”

“If you were on the other side, you would be kicked out right now. The major shareholder of Bukseong Life Insurance is actually Ms. Joo Do-hee. Chairman Hyeon Jae-seop cannot save you.”

Is this enough of a threat? I am not unaware of that concern. However, the outcome has already been decided.

“What should I do?”

“Among the major affiliate stocks held by Bukseong Life Insurance, you can sell the rest of the company I have designated, except for a 3% stake, to Korea Asset Management or any other institution I designate. The price will be the same as the market price. It will be an after-hours block deal.”

When he mentioned the specifics, Shin-O-Koku’s mouth fell open.

The same was true for Kim I-geun. The scope was unexpectedly wide.

“If we sell it, the management structure of the Bukseong Group will be completely disrupted. This is no different from disbanding the group.”

“Yes. The goal is to disband the group.”

“This is……crazy!”

Shin-O-Kuk jumped up.

Nam Woon-myeong ignored his opponent and asked Kim I-geun.

“Is there a subsidiary of the Bukseong Group that C&C Life would like to invest in?”

For Nam Woon-myung, it would be much more advantageous if the C&C Group participated. Also, since Kim I-geun is well-versed in the internal affairs of the Bukseong Group, it would be like gaining a thousand troops.

“Well, there is.”

“Then take the company’s shares from C&C Life.”

While the person concerned, Shin O-guk, was flustered, Nam Un-myeong finished the deal with Kim I-geun.

Shin-O-Guk, who was recovering from the shock, asked bluntly.

“How can I trust you? You are not from the North Star Group.”

That was when.

The door opened and an old woman came in, supported by a young woman.

Shin-O-Kuk, who had confirmed his opponent, quickly got up and bent his back.

“Huh! Chairman of the Foundation!”

It was Joo Do-hee, the director of the Bukseong Cultural Foundation, and Hyeon A-ram.

Who is Joo Do-hee? Isn’t she the wife of the former chairman, whom even the president of Bukseong Life Insurance would find difficult to meet privately? She is still the actual major shareholder of Bukseong Life Insurance.

Shin-O-Guk didn’t dare meet her eyes and trembled with his back bent.

Joo Do-hee said with a smile.

“Director Nam Woon-myung’s will is my will. Do you understand?”

“I will keep that in mind!”

Shin-O-Koku’s waist folded automatically.

Joo Do-hee’s appearance erased all the doubts that had been lingering in Shin-O-Guk’s mind. It was the moment when Shin-O-Guk unexpectedly entered Joo Do-hee’s line.

Nam Yunming instructed Shin-O-Guk to prepare for the coming civil war.

Since Joo Do-hee repeatedly declared that it was for the future of the Bukseong Group, Shin Oh-guk had no choice but to follow suit.

* * *

When he returned to Mega Asset Management, Nam Woon-myeong met an unexpected guest.

Kwon Seong-wook, CEO of Crown Burger, was discussing strategies in CEO Park Won-tae’s office.

Thanks to that, Nam Woon-myung was called to the representative’s office as soon as he entered.

“President Kwon, it’s been a while.”

Crown Burger was a sore thumb for Nam Woon-myung.

Initially, due to the dynamic relationship with Korea Bank PE, we acquired it in a flustered manner and were not able to provide proper support afterwards. At that time, Mega Partners Team 3 did not have enough funds and there were more urgent places. Fortunately, we were able to significantly expand our Vietnamese business by connecting with Temasek and receiving funds.

“Director Nam, you’re still the same. Your complexion has improved a lot.”

Nam Woon-myung is an expert at detecting underlying diseases by looking at a person’s complexion or face. However, he rarely had time to look at his own face except when he washed it, so he couldn’t tell if his complexion had improved.

I should take a good look at my face when I have time. I can’t see my own fate, but I can see the state of my health.

“CEO Kwon’s face is also bright…….”

Nam Woon-myung, who had been casually returning the compliment, quickly shut his mouth.

Kwon Seong-wook’s condition did not look normal to say the least.

Kwon Seong-wook added to his words with a smile.

“Haha! My face… doesn’t look that good?”

Kwon Seong-wook’s entire face was filled with fatigue. And it wasn’t just from suffering for a day or two, it was chronic fatigue.

“Are you having a hard time these days?”

Nam Woon-myung recalled Crown Burger’s quarterly performance. In his memory, it was doing well domestically and doing quite well overseas in Vietnam, where it was promoting K-food.

Looking at his performance alone, it was difficult to explain Kwon Seong-wook’s complexion.

“Because things have been going so well lately… I’m pushing myself too hard….”

From an investor’s perspective, a manager who works hard like CEO Kwon Seong-wook is the best, but it is burdensome to work without taking care of yourself.

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“Health is important. You should take care of your body while working. What brings you here?”

“I was wondering if additional investment would be possible.”

Seongwook Kwon gave a long account of the local situation.

With Temasek’s investment, Crown Burger opened about a thousand new stores in Vietnam. It was a large-scale operation that included opening a logistics center and a food factory. Without Temasek’s investment, it would not have been able to do so on such a large scale.

As the business took hold, Kwon Seong-wook began to see the neighboring country.

“Crown Burger is also very popular in Thailand. It has become a must-have item for Thai tourists who come to Vietnam. That’s why my eyes lit up. I thought about opening a similar business in Thailand.”

There are times when you get a feel for things when doing business. Kwon Seong-wook was at that stage right now. He felt that just like he was doing well in Vietnam, he could do well in Thailand too.

Thanks to my experience running a business in an unfamiliar country like Vietnam, I was confident this time too.

The problem is the financial power of the parent company, Mega Asset Management.

However, I also heard from Vietnam that Mega Asset Management is doing quite well these days. I heard that they even attracted funds from the Abu Dhabi Investment Authority. This time, they came to Korea with the expectation that they would definitely receive investment.

“You’ve worked hard.”

Nam Woon-myeong was grateful for Kwon Seong-uk’s achievements and looked into his fate after a long time.

Success in Vietnam was already expected, so what about Thailand?

His luck in business was also great. He didn’t succeed in everything he did, but he was still riding that luck. He was good enough to be trusted. However… … .

“Mr. Kwon, have you met a woman in Vietnam by any chance?”

Kwon Seong-wook’s expression changed dramatically at Nam Woon-myung’s careful question.

It was such an unexpected remark that I hesitated for a moment and couldn’t even react properly.

If you push too hard at a time like this, it will backfire. Nam Woon-myung waited patiently.

Park Won-tae, who believed that Nam Woon-myung had an outstanding intuition for this type of thing, just watched with an expression of interest.

After a while, Kwon Seong-wook, who had caught his breath, asked.

“Oh, how did you know?”

“I could see a little bit of wind on your face.”

“Are you feeling uneasy?”

Seongwook Kwon was speechless as he became more and more shocked.

“I see that kind of thing a lot. I inferred it from the president’s appearance and attitude, which have changed since before.”

“…….”

Kwon Seong-wook was restless because he could neither believe it nor not.

“Please tell me. I don’t think that’s a defect.”

After a long time, Kwon Seong-wook made up his mind and confessed.

“I met a woman in Vietnam three or four months ago. She was a recent graduate from a local university.”

Kwon Seong-wook is a former franchise president at SS Food, a large corporation, so he is quite old, but she is a fresh college graduate!

They say that love has no borders, so the age gap is not particularly a problem, but the gap is still quite large. Furthermore, Kwon Seong-wook is a married man. Of course, his children are now grown, and he is only legally married to his wife, but in reality, they are separated.

Especially since I’ve been staying in Vietnam most of the time lately, it’s been a while since I’ve seen my wife.

Nam Yunming looked into his fate in detail. As expected, this part did not have a good ending.

There is no way to know whether Kwon Seong-wook’s current state is simply a fling or whether he is considering divorce and remarriage. Of course, since he has never met a local Vietnamese woman, there is no way to know how sincere he is.

“How did you meet?”

“Hyun, I’m a local head office employee. I just got hired… but I….”

Whether it’s love or not, it’s a big deal.

Fortunately, looking at his fate, there is a divorce, but it is not a life that will be ruined because of it.

“Do you love me?”

Kwon Seong-wook nodded his head vigorously.

“What if my wife finds out?”

“There is absolutely no way to know.”

“But if the tail is long, it will get stepped on.”

“That guy doesn’t care what I do at all. So…….”

I have a rough idea of ​​what the situation is.

This problem does not cause any major problems for the company, so he does not intend to take issue with it. In fact, it is not easy to find a manager as capable and lucky as Kwon Seong-wook. Individuals should take care of their own personal affairs.

“But you know that if your family finds out, it could lead to divorce, right?”

“Gasp! Yes.”

Kwon Seong-wook reluctantly lowered his head.

“What I mean is… it would have been better if it hadn’t happened, but if you can’t break up with the new woman, you need to be prepared. If you get a divorce, it could be quite a headache for you personally. You need to keep that in mind. Do you know what I mean?”

“Ha, yes.”

Only then did he seem to realize how serious a mistake he had made.

I think the reason his complexion wasn’t so good was not because he was so busy, but because he was meeting a young woman.

In any case, this is a problem that Kwon Seong-wook himself must take responsibility for. If I say this much, he will figure out how to handle it.

When you come to your senses, you will cut off the relationship appropriately, but if you still want to, you have to take that risk.

“I will leave the Thailand project entirely to you, sir. Mega Asset Management and Temasek will jointly invest. The total amount will be 300 billion won. Is that enough?”

That’s a lot of money for a hamburger franchise.

Regardless of what happens to Kwon Seong-wook and the local woman, the Thai franchise business will be successful. So there is no reason not to continue investing. Now, he has ample funds.

Kwon Seong-wook’s complexion brightened somewhat as he achieved the purpose for which he came to Korea.

“Cheer up. We support President Kwon.”

Park Won-tae gave some words of encouragement.

As I was thinking about investing in Crown Burger after a long time, I remembered a company that was always discussed in conjunction with Crown Burger.

I was a bit involved in the beginning, but now I’m curious as to what’s become of it and have no interest in it at all.

It is not a company that Mega Asset Management invested in, but it is a company that Korea Asset Management invested in. That company must have come along when Korea Bank PE was spun off into Korea Asset Management.

Now that he is also a director of Korea Asset Management, should we be interested?

Edustudy came to mind.

It is an internet education specialized company invested in by KMM and Korea Asset Management.

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