God of Corporate Hunting - Chapter 232



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◈ Episode 232: Termination of the contract (3)

When Nam Woon-myung frowned, Kim Ji-young glanced at him.

“Oh, you were having a parent-teacher conference? You weren’t, were you? You’re the new teachers I just saw at the desk.”

Kim Ji-young ignored them and asked the director again.

“Anyway, Director, please change the class time. If you want to renew the contract next time, okay?”

After pouring out what she wanted to say, Kim Ji-young went out.

Min Ha-neul, who had been watching the situation without knowing what to do, also tried to follow.

“Mr. Min?”

“yes?”

Min Ha-neul stopped in his tracks at Nam Woon-myung’s sudden call.

“Are you enjoying the lecture?”

“Ah! Yes. It’s fun. I’m still a beginner… so I’m a bit awkward, but I like meeting the students.”

“You haven’t done it online yet?”

“I still don’t have the time to do that…….”

“Hmm, how about filming an online lecture?”

“yes?”

Min Ha-neul, who didn’t know who he was talking to, stuttered and looked at the director’s face.

The director introduced it instead.

“You are the largest shareholder of our academy.”

“Huh? Ah…….”

It seemed like he had no idea about EduStudy’s shareholder distribution since he had only been working there for a month. Anyway, it wasn’t an important issue, so Nam Woon-myung continued.

“I know you must be having a hard time because of Teacher Kim Ji-young. But I’m glad you enjoy teaching. You’ll shine soon. Let’s film the lectures that are scheduled to open in a month.”

“Me?”

“How are you, director?”

Of course, the director could not object.

“Let’s do that. Professor Min, please film the online lectures starting tomorrow. I was a bit worried about only Professor Kim Ji-young going forward… I hope Professor Min can support you.”

Nam Woon-myeong liked the director. He was able to please the major shareholder without even saying anything.

“Mr. Min will become a big star.”

Nam Woon-myung smiled and encouraged Min Ha-neul.

After Min Ha-neul left, Nam Un-myeong gave instructions to the director.

“You can refuse Ms. Kim Ji-young’s next contract. The price is high, so how much will it help the bottom line even if sales increase? If the strategy of increasing sales has been effective so far, it is time to change it now.”

“yes?”

The director asked again with a puzzled expression. He was telling me not to sign a contract with the best instructor who was driving the academy’s sales. And wasn’t he the person that the major shareholder had scouted last time?

“There’s no reason to keep someone who ruins the atmosphere of the academy. After all, Teacher Kim Ji-young has already blossomed here. When she was at Study King before, sales were so-so, right?”

“That’s true.”

“Teacher Min Ha-neul will fill the void left by Teacher Kim Ji-young perfectly. If you can just hold out for the first month or two, you’ll catch up to Teacher Kim Ji-young right away. So don’t worry, and from now on, you can give your all to Teacher Min Ha-neul.”

“Oh, I understand.”

The director looked like he didn’t agree, but he couldn’t refuse since the major shareholder told him to do so and that he would take responsibility.

Nam Woon-myung made a passing remark to the director, who could not contain his curiosity.

“I can guarantee that Teacher Min Ha-neul will become the best Korean language teacher in the country within the next two or three years.”

Nam Woon-myung checked only the most basic matters with Yoon Se-bin and Edu Study and then went out.

As we walked side by side through the Daechi-dong academy district, Yoon Se-bin asked.

“Is there a reason to fire Teacher Kim Ji-young? She was a bit too bossy today, though.”

“Oh, Teacher Kim Ji-young? I had a feeling while watching it today… If we leave it like this, it will soon ruin the academy.”

“Huh? How could that be?”

“There will be trouble soon. I don’t know what it is though.”

Nam Yun-myeong had a rough idea.

The types of accidents that a private academy teacher can handle are usually limited. It could be drunk driving, or sexual harassment of a student, or… … .

Either way, it would be a fatal blow to Kim Ji-young and would further become a major obstacle to the operation of the academy.

If left alone, it will probably develop into a problem big enough to destroy EduStudy.

Since he was scouted by the major shareholder, EduStudy cannot just cut him off.

Nam Woon-myung disposed of Kim Ji-young as a means of resolving the issue.

“And are you sure that Teacher Min Ha-neul will become famous? Of course, I know that Unmyeong-ssi is good at reading people…….”

“As I told the director, I will become the best instructor in this country. My salary alone is worth hundreds of billions of won. That means that EduStudy’s value will increase accordingly. It’s not limited to Korean, but it has a big effect in locking in students who access EduStudy.”

“How do you know all that at once? It’s amazing.”

If I hadn’t seen it in person today, I probably wouldn’t have known. Kim Ji-young’s fate was subtly different from what I had seen in pictures.

In any case, there is no doubt about Min Ha-neul’s success because his eyes that see fate are accurate.

The curious Yoon Se-bin continued asking questions.

“Then can anyone tell just by looking at the face?”

“I’m not sure, but I can see it. Do you know who I met who seemed most certain of success?”

“Who is it?”

“That’s right, Representative Yoon. You succeeded just as I expected, right?”

“It’s still not a success…….”

“I can’t say that yet, even though I have the world’s best investment bank in my hands.”

Yun Se-bin didn’t know what to do with herself at Nam Woon-myung’s praise.

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I felt good about hearing that she was confident of my success, but at the same time I felt uneasy.

So, is Nam Woon-myung the only one who is by her side now because he wants her success? Does she have no rational appeal to him? Or is their relationship just entangled in business interests?

Yoon Se-bin felt unnecessarily heavy-hearted.

* * *

Recently, Nam Woon-myung’s most important task has been reviewing and approving the investment details of Silicon Valley Capital and CSK.

New investments naturally had to go through his approval, and existing investments were also regularly reviewed by him. Of course, to others, it looked like he was diligently analyzing data, but in reality, he was checking the face of the CEO and key executives. Sometimes, he would also check the weather of the industry.

There is no reason not to use the secret recipe of the Zhuge family. Through this process, most companies were able to see the future.

Among them, the companies that were facing major insolvency were quickly cut off.

Naturally, the investment assets of Silicon Valley Capital and CSK have gradually changed to stable ones.

After a long time, I received a text message from Hyuna Sol.

“HyunA Sol: What are you doing? Are you busy?”

“Nam Unmyeong: No.”

“HyunA Sol: I have something important to do. Do you want to meet up?”

I was a little suspicious, but since I was involved in many things related to the Bukseong Group and I still desperately needed her cooperation, I couldn’t refuse.

“Nam Woon Myung: What’s going on? Is it important?”

“Hyun Ah-sol: If I meet you, it’s important. But it really does happen. Do you want to come to Bukseong Pharmaceutical?”

I just had a feeling.

It had been quite some time since Song Han-rim joined Bukseong Pharmaceutical, so it was time for him to start seeing results. Song Han-rim’s luck at the time was such that he was destined to see great results in the near future.

“Nam Woon Myung: Okay. Let’s go right away.”

There are times when moving around is more helpful to the company than sitting in the office. It is also healthier, of course.

As I stretched and got up, I saw Shin Cheol-ho sulking at a desk in the corner.

That guy leaves his seat empty and spends the whole day hanging out next to a new female employee, under the pretense of teaching her how to do her job.

But honestly, aren’t their careers in finance similar? Their positions are as different as heaven and earth, director and deputy director.

It seemed like we had become quite close recently while going out together to investigate MZ Securities.

Nam Woon-myeong quietly approached Shin Cheol-ho.

“What are you doing?”

“huh?”

Shin Cheol-ho, who was startled, straightened his back when he saw him.

“Are you busy?”

“MZ Securities, these are the ones with a lot of hidden bad debts. Their real estate PF investments are all messed up.”

That’s the same for all securities companies these days due to the worsening construction market.

“Yeah, you’re busy with MZ Securities. But… are you in touch with Judy these days?”

Judy is a beautiful woman who is the secretary of Tesla’s CSO. She was caught by Shin Chul-ho when he went to the US.

Shin Cheol-ho answered cautiously while watching Han Hye-rin’s expression.

“Yeah, but why? Do you have any business trips to the US?”

“No, it’s not that. I think I’ll have to ask you for a favor soon.”

“I asked you to get the money quickly last time, and now?”

“I think you’ll have something to do.”

Nam Woon-myeong gave Shin Cheol-ho a meaningful look and tapped his shoulder.

It seems like Shin Cheol-ho will have to suffer a lot at night if he tries to repay that favor, but it’s not his business.

Nam Woon-myeong left the office, thinking of Bukseong Pharmaceutical.

* * *

Fortunately, HyunA Sol’s outfit was modest today.

There is a clear difference between seeing him at night and seeing him at work during the day. At Bukseong Pharmaceutical, he seemed to be respectful as a major shareholder. Judging from his attire alone, he seemed to have the qualities of a secret manager.

Since he called HyunA Sol, the major shareholder, is there something special going on?

The president of Bukseong Pharmaceutical, the head of the research department, and Song Han-rim, whom I had seen before, were meeting in the conference room.

As he entered, Song Han-rim began a brief briefing.

“We have developed a new drug based on Mir1, which was developed by Senior Researcher Song Han-rim at Biomiracle. We have developed an obesity treatment drug by changing some of the chemical components of existing diabetes treatment drugs using the ingredient semaglutide (GLP-1 RA)…”

It was the same development direction that Song Han-rim had discussed on the day he joined the company. Based on Mir1 developed by Biomiracle, Bukseong Pharmaceutical developed a treatment for obesity, not diabetes.

It was a miracle brought about by a change in thinking that utilized similar ingredients in diabetes and obesity treatments. Since Song Han-rim had secured all the data on Mir1’s ingredients and clinical trial results, development could proceed very quickly. In fact, the basic idea for this new drug was also Song Han-rim’s.

The newly developed new drug has significantly modified and improved the existing Mir1, so it has now been reborn as a completely new product different from Mir1.

“……That’s why I named the newly developed obesity treatment Free1. It’s my belief that we can free humanity from obesity.”

Confident of success, Bukseong Pharmaceutical poured money into the clinical trial to speed it up. They completed the trial that would normally take several years in a flash. Past clinical trial experience and data were very useful.

“So what’s the result?”

“It was amazing. We saw a significant result of close to 80% in the group of patients classified as severely obese.”

Free1 works by suppressing appetite. That is, it artificially increases the neurotransmitters that make you feel full, so you eat less. In other words, it targets receptors in the brain that increase insulin release from the pancreas and reduce appetite.

Positive test results poured in.

It was said that taking it once a week resulted in an average weight loss of 10% over 6 months. Above all, it was easy to use and there was no pain from appetite suppression.

After Song Han-rim finished reporting the results, the president of Bukseong Pharmaceuticals stepped forward.

“During the rush to conduct clinical trials, development costs have increased significantly. If things continue as they are, we will not have enough funds to invest in the third clinical trial. So… we need more investment.”

The purpose of calling him and HyunA Sol today has come out.

They want additional investment. To begin with, Buk Sung Pharmaceutical is not a large company, unlike Buk Sung Bio. So there was a limit to the amount of money they could invest in new drug development.

Of course, there is no reason to hesitate to invest when the end of new drug development is in sight. However, the fact that this company is still under the influence of the Bukseong Group is a concern.

In other words, the Bukseong Group also receives some of the fruits of new drug development.

Of course, Mega Asset Management can bear the additional development costs alone, but this could potentially lead to legal issues in the future…

“Do a 100% paid-in capital increase targeting existing shareholders. The amount should be the same as the market price. The purpose of the paid-in capital increase is to develop new drugs. However, the development status of Free1 should be kept secret. It should never leak out.”

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