God of Corporate Hunting - Chapter 233



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◈ Episode 233: Termination of the contract (4)

“If you suddenly increase capital, there will be strong opposition from shareholders, right?”

The president of Bukseong Pharmaceutical expressed his opposition.

In most cases, that’s right. However, Nam Yun-myeong has a hidden purpose.

The owner and affiliates of the Bukseong Group are not well-funded, so it is difficult for them to participate in the paid-in capital increase. Moreover, if a paid-in capital increase of 100% is carried out, it is obvious that most of them will leave. In other words, the influence of the Bukseong Group can naturally decrease.

“This new drug is a groundbreaking new product. We need to invest the money properly.”

“To do that, I need to get permission from the group…….”

“It doesn’t matter. The owner is here.”

Nam Woon-myeong pointed to Hyun Ah-sol.

Hyuna Sol smiled and agreed, feeling like she was being treated well.

The president of Bukseong Pharmaceutical also knows that the two people in front of him are absolute shareholders who hold half of the shares. That is why he cannot raise any further objections.

“Proceed quickly, no matter what. Hide the new drug development. Mega Asset Management will receive all of the paid-in capital increase forfeitures. So, proceed without worrying about the paid-in capital increase success.”

If there is no need to worry about shareholders giving up, the burden on the company will be reduced.

The president of Bukseong Pharmaceutical showed a determined attitude with full support.

“I will definitely succeed in developing a new drug.”

“That’s right. Don’t worry about money.”

Nam Woon-myeong encouraged the president of Bukseong Pharmaceutical, the head of the research department, and senior researcher Song Han-rim.

Of course, the person he believes in is Song Han-rim. Song Han-rim’s fate is still shining brightly.

After finishing the discussion, Nam Woon-myung got into Hyun Ah-sol’s car and headed to Gangnam.

“Mr. Destiny, there’s a problem.”

“What is it?”

“I don’t have money to pay for the paid increase.”

It was somehow quiet at the company. I couldn’t bring myself to confess that I didn’t have any money, so I just kept mumbling to myself until we were alone together, when I brought up the issue.

“It’s okay. I’ll lend you your investment money.”

“With stock as collateral?”

“Yes, that’s right.”

“That, that…….”

HyunA Sol is not a fool, so she knows very well that the money she borrowed is exceeding the danger level. When she bought Bukseong Pharmaceuticals and when she intervened in the Bukseong Construction civil war, she borrowed the money she lacked using stocks as collateral. Since she has nothing else, she has no other way.

The results weren’t bad. They swallowed up Bukseong Pharmaceutical and Bukseong Bio and kicked out my brother from his position as president.

Whenever I visited Bukseong Pharmaceutical, Bukseong Bio, or even their affiliates, I felt like I was being treated like the chairman of Bukseong, so I felt great.

However, in order to maintain control of Bukseong Pharmaceutical, the company cannot sell the stocks it has purchased. Currently, only interest continues to accrue.

However, the prices of both Bukseong Pharmaceutical and Bukseong Construction have dropped since she bought them. It is natural for stock prices to fall when the issue of civil war disappears.

In this situation, what if the stock price falls further and the collateral becomes insufficient, what if you have to borrow more money to participate in the paid-in capital increase, or what if you cannot participate in the paid-in capital increase because you do not have the money?

It could have easily led to catastrophe.

“Mr. Destiny, am I really okay?”

“Trust me. If Bukseong Pharmaceutical succeeds in developing a new drug, its stock price will at least double.”

That is no different from saying that if development fails, you will lose all your money.

HyunA Sol became increasingly restless.

Nam Woon Myung is not lying either. He has no intention of harassing Hyun Ah Sol. Although the first impression they had when they met was not very good, now she is a worthy ally.

“Do you have money to pay the interest? If you don’t have that, I’ll lend you that too.”

“Ha! What do you think of me? I have that much.”

“Then you don’t have to worry. Well, then, shall we draw a picture after the paid capital increase?”

Currently, the largest shareholder of Bukseong Pharmaceutical is Bukseong Bio. Although it owns 30%, it cannot participate in the paid-in capital increase. It has insufficient cash on hand, and if the major shareholder, Hyuna Sol, applies even a little pressure, it cannot participate in the capital increase. Naturally, after the capital increase, the stake will be reduced to 15%.

Currently, it is in an absolute superior position with 30%, but with 15%, it is no different from other shareholders. This is how Buk Sung Pharmaceutical gains an advantage over Buk Sung Bio.

Even if the owner family still has shares in Bukseong Pharmaceutical, the current financial power of the owner family, including Hyun-Seop, is at rock bottom. This is the aftermath of the Bukseong Construction internal strife.

It is difficult for anyone to participate in paid capital increase.

In other words, the influence of the existing owner family is also reduced by half. Now, they are effectively reduced from major shareholders to ordinary shareholders.

The only one left is Hyun Ah-sol, but if she also barely manages to cover everything with loans, it’s like Nam Woon-myung holding her head in his hands.

He will end up taking control of half of the true Bukseong Group, that is, some of its affiliates centered around Bukseong Bio.

In this situation, if the development of a new drug is successful, the stock price of Bukseong Pharmaceutical will skyrocket and a management structure that will never be surpassed by other affiliates or the owners of Bukseong will be established.

From now on, the axis of this affiliate will be Bukseong Pharmaceutical, not Bukseong Bio.

Only HyunA Sol, who held on until the end, remains as the major shareholder.

Of course, after the stock price skyrockets, HyunA Sol can pay off her debt by selling only some of her stocks. That is why this scenario is the best for HyunA Sol.

“You see? Paid increase is the perfect way to gain the upper hand over your two older brothers.”

“I think I know, but…….”

“What if he becomes as powerful as Chairman Hyeon-Seop within the group? In the future, Chairman Hyeon-Seop will not have as much influence over Bukseong Pharmaceutical and Bukseong Bio.”

It was an answer that HyunA Sol really liked.

A smile gradually bloomed on her lips.

“As expected! Mr. Destiny is different! I only believe in Mr. Destiny!”

HyunA Sol is the one who must stand at the forefront of dismantling the Bukseong Group and is given the task of reassuring the enemy.

Nam Yun-myeong also joined in her cheers.

HyunA Sol, feeling better, suggested.

“Mr. Destiny, how about a drink on a day like today? I know a good place.”

Suddenly, Nam Yunming’s mood dropped. He remembered the embarrassing moment when he had a drink with her before. If this woman provokes him again today, it will be difficult to deal with.

As expected.

“Mr. Destiny, I’ll do really well for you today. Okay?”

He made a suggestion that I would only hear from a room girl without hesitation. Hearing that made me feel even colder.

There would be no man who wouldn’t be tempted by her face and body, but Nam Woon-myung put a strong brake on temptation.

It’s perfect for getting your nose pierced. HyunA Sol’s personality is such that she won’t be clingy to a man, but it’s not bad to be prepared.

Still, I can’t be an easy man.

“Oh, do you have work today?”

“Huh? Work? It’s already evening. What are you doing? It’s time to get off work.”

Doesn’t this woman know that private equity fund employees don’t work day or night?

“Mr. Destiny, aren’t you curious about me?”

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The devil has really started to spread his wings. If Hyun Ah-sol hadn’t been driving right now, chaos would have already broken out.

What excuse do you make to get out of this situation?

Nam Yun-myeong racked his brain to find an excuse.

“It really is…….”

The moment he spoke, the cell phone rang.

He was a savior.

“Ah! Da-eun?”

When she answered the phone, Hyuna Sol’s eyebrows went up.

“Oh, yes. Right now? I’m near Gangnam Station. You want me to stay here? Okay.”

Nam Woon-myung made a brief conversation and hung up.

Hyuna Sol asked with a deep frown.

“Are you dating Da-eun?”

“Yes? We’re just close friends.”

“What about Sevin?”

“It’s the same.”

“What about me then?”

“Aren’t we on the same level?”

HyunA Sol took a deep breath.

“This is total flirtation.”

“Because they are all important people.”

Hyun Ah-sol’s expression softened, perhaps slightly moved by the words “important.”

“So what’s going on?”

“Chairman Choi Yong-mook asked to see me for a moment.”

She even met the chairman of the Hwayoung Group. HyunA Sol didn’t know how important it was, so she didn’t keep complaining.

“There’s nothing I can do. Don’t even think about escaping next time. I’ll dress up nicely and come back.”

If you wear it nicely, it’s that brightly colored one-piece dress? Nam Woon-myung was inwardly terrified and quickly erased the thought.

“There’s a road next to that big building over there. Please park there.”

“joy!”

Hyuna Sol, who had been snorting, stopped the car 100 meters further away from the place she had pointed out.

As he got off, Nam Yun-myeong did not forget to be grateful.

“Thank you for always cooperating.”

“joy!”

It was Nam Woon Myung’s true heart. If it weren’t for Hyun Ah Sol, he wouldn’t have been able to achieve such results in the final battle with the Buk Sung Group.

Hyuna Sol put her hand to her lips, blew him a kiss, and started the car.

* * *

I met Choi Da-eun and headed to Coffee World in Yongin.

Coffee World’s business is going smoothly. It now has more than 20 branches spread across the country, and even has two branches in Seoul.

The Coffee World flagship store in Yongin is the first and central branch in the country and still maintains its status.

Even though it was late and there were fewer customers, more than half of the seats were still occupied.

“It’s been a long time since we broke even. These days, it’s become a famous spot on SNS, so more and more people are visiting. I guess it’s because of word of mouth. There are a lot of college students and people who work at the cafe with their laptops. Since the cafe is so big, they come here often because it’s cool and comfortable.”

Choi Da-eun kept bragging.

Nam Woon-myung also has an attachment to Coffee World. He was involved in the initial idea stage and as an early investor, he has made a considerable profit based on the current value. Coffee World’s value will continue to soar in the future. Of course, for the time being, he will need to invest more.

If we evaluate this result, Choi Da-eun’s business acumen is also considerable. Can’t we do anything about family genes? Looking at Hyun Ah-sol, it seems like genes have nothing to do with it.

Nam Woon-myung asked while observing the atmosphere of the cafe.

“So, what’s going on with you today, Chairman?”

“I guess I should thank Mr. Destiny.”

“I have something to be thankful for…….”

Is it because of Assur’s visit to Korea? There was nothing special that Hwayoung Group took care of during Assur’s visit to Korea. The only thing that Assur did was stay at the HY Emerald Hotel, which raised the hotel’s status.

“You’ll know when you go.”

Chairman Choi Yong-mook occupied a table at the highest point on the third floor of Coffee World. Here, he was just an ordinary middle-aged man, free from the pressure of being the group chairman.

“Dad! We’re here!”

Choi Da-eun ran over and hung on to him, and Nam Woon-myung greeted him politely.

“It’s been a while.”

“Come and sit down. What about food?”

“yet…….”

“I’ll just pack everything up.”

Choi Da-eun disappeared, leaving Nam Un-myeong behind.

Chairman Choi Yong-muk, who Nam Woon-myeong examined, looked happy. There was no sign of pain on his face. This was proof that his business was going well and that he was in good health.

After the two men asked a few questions about their well-being, Choi Yong-muk brought up the matter.

“Do you remember when I recommended a professional baseball player in the past?”

My memory is vague, but I remember casually mentioning it at the end of last year. At that time, I nominated two players. One was an infielder who had become a FA and the other was a retired player who I recommended as a coach.

“Yes, I know.”

“Those two guys you mentioned hit the jackpot. The infielder led the offense and defense of the team, and the retired guy, who we hired as a coach, helped the team a lot.”

Only then did Nam Yun-myeong realize the flow of time.

It’s already been a year. In the meantime, the professional baseball season has ended.

“Ah! I’ve been busy lately so I haven’t been able to watch professional baseball. How are your team’s results?”

“We came in second place this year.”

The Hwayoung Dragons usually hovered around the middle of the pack. However, they had a very successful year, making it to the postseason and even finishing as runner-up.

“It must have been a great season.”

“Of course. We have to win next year.”

“It will be as you wish.”

Nam Yun-myeong smiled and gave a thumbs-up.

“That infielder you recommended, Shim Hyun-sik! This is the second time he has been evaluated highly on the team. A player who almost became a FA Mia has completely transformed into a swan. If it weren’t for him, we wouldn’t have been able to guarantee a postseason.”

It was a great investment as the player brought in cheaply turned out to be a huge hit.

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