God of Corporate Hunting - Chapter 235



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◈ Episode 235: Bukseong Distribution (1)

The acquisition of MZ Securities has been completed.

The acquiring entity is the Korea Asset Management Consortium. To be exact, Korea Asset Management and Mega Asset Management received 6 to 4 shares.

MZ Securities is a listed company with a large public stake, so the major shareholder’s stake was burned and the consortium injected new funds to replace it.

Thanks to this, MZ Securities was transformed into an affiliate of Korea Asset Management.

A deformed structure has been formed in which Korea Asset Management owns two securities firms, Korea Investment & Securities and MZ Securities. If you look into the inside, you will see that it also actually owns Bukseong Securities.

Since private equity funds often own multiple companies in similar industries, no one found this particularly strange.

Because of the nature of private equity funds, they usually recover the investment by normalizing the company and then selling it back.

However, the decision by MZ Financial Group to give up its securities firm was received surprisingly well.

“I mean, I stood up on the desk in the middle of the MZ Securities office and shouted, ‘Stop! Get your hands off the desk! Do it!’”

“So?”

“The children were trembling and terrified. So I added one more thing. ‘We are an occupying force! You are prisoners!’”

“Wow, the force is amazing.”

Jeong Seon-yeong chimed in with praise for Shin Cheol-ho’s bravery.

The employees gathered in the office were listening with interest.

Meanwhile, Shin Chul-ho led the investigation team of Mega Asset Management and Korea Asset Management and turned MZ Securities upside down. This was possible because his title was director. In any case, after many twists and turns, he successfully accomplished his mission.

Nam Woon-myung’s eyes were drawn to the new female employee who was diligently playing the drums next to Shin Cheol-ho.

Did you say Han Hye-rin? She’s also Jeong Seon-yeong’s college classmate.

As I watched them for a while, the atmosphere between Shin Chul-ho and Han Hye-rin was unusual. There was even a rumor going around that they sometimes gave Bentley rides.

It’s not bad for them to be close since they’re a shooter and a subordinate… … No, it’s bad. While Dan Kirk from the New York branch is a concern, Shin Chul-ho is a concern here.

There weren’t any particular problems between Shin Cheol-ho and Jeong Seon-yeong until now, but this time…

I don’t plan on banning office romance. I just hope it doesn’t interfere with work.

But that bastard Shin Chul-ho used to say that he was a Yoon Se-bin fan, but when did he shift his interest to Han Hye-rin? I think Jo Ha-neul was there too.

Is there nothing that can be done about Casanova?

In times like these, a word of advice is needed.

“Hey, Cheol-ho? What happened to Judy?”

“Judy? Judy is in a long-distance relationship, right? Ju…….”

Shin Cheol-ho, who was answering absentmindedly, looked at Han Hye-rin’s expression.

“I guess it’s still connected. I need Judy.”

“What’s going on now?”

The employees naturally understood, since Shin Chul-ho had boasted that he had quickly received 2 billion dollars using night technology. But Han Hye-rin did not.

“Huh? Who is Judy again?”

“that…….”

Nam Woon-myung answered on his behalf.

“I met him at the Canadian club…”

“yes?”

“Ugh! That’s what I sacrificed for the company!”

“So sacrifice again.”

“Huh!”

Han Hye-rin frowned and returned to her seat.

Nam Woon-myung started explaining while holding onto Shin Cheol-ho, who was crying.

“A new drug has been developed… I want Judy to let the Tesla CEO know. He said that he is entering phase 3 clinical trials, and if he applies, he can be included in the trials.”

Shin Cheol-ho just blinked at the unexpected explanation.

Tesla CEO is a global influencer. When a new drug comes out of his mouth, its value skyrockets. Naturally, the stock price of the developer, Bukseong Pharmaceutical, also goes up.

“What kind of medicine is it?”

“An obesity treatment. It has almost no side effects and is easy to take. There is no reason to be afraid because it is in clinical trials. The principle has already been scientifically proven. There is absolutely no way that clinical trials will fail. The CEO of Tesla would definitely welcome it.”

Nam Yun-myeong asked Judy to hand over the relevant materials.

This is a big picture to launch Bukseong Pharmaceutical. You might think that the world’s richest man would not be a test subject for a new drug that has not yet been proven, but obesity treatment is different.

Aren’t we in a world where there are so many fake obesity treatments that have not even been proven effective? At least Free1 is a scientifically proven treatment. No particular problems were found until the Phase 2 clinical trials.

There’s no way the brash Tesla CEO would pass it by.

“Oh, I see.”

Shin Cheol-ho reluctantly gave his approval while keeping a close eye on Han Hye-rin.

Nam Woon-myung whispered in Shin Cheol-ho’s ear, as he seemed to be deeply dissatisfied.

“Cheol-ho, this is a project worth hundreds of billions of won? Maybe even trillions of won. You have to think about incentives! Or think about Judy!”

“Oh! That’s right!”

When you think of incentives, there is no comparison with Han Hye-rin. Money is better than women.

Shin Cheol-ho showed his enthusiasm.

“I’ll contact you today. I’m sure it’ll be a success since my face is popular.”

In fact, I only trust Shin Cheol-ho.

To completely overcome the issues of Bukseong Pharmaceutical’s paid capital increase and Bukseong Bio’s stake.

* * *

Nam Woon-myeong stopped by the chairman’s office at the headquarters of Korea Bank with Yoon Se-bin.

It’s a call from Yoon Do-cheon.

This is my first time meeting Yoon Do-cheon since acquiring Credit Suisse and MZ Securities. I have received several encouraging calls in the meantime.

Things have changed like heaven and earth between then and now.

Nam Woon-myung is not exposed to the public then or now, so there is no difference, but Yoon Se-bin is different.

Now, he is the co-CEO of CSK. His status is higher than that of any bank president in Korea. In terms of influence, it goes without saying. Of course, this is an evaluation limited to the world, not Korea.

That’s why I was very curious about how Yoon Do-cheon felt when he met his granddaughter who had achieved great success.

Nam Yun-myeong also happened to be there.

Yoon Do-cheon told me to come with him, so I should go with him.

I waited in front of the chairman’s office and then went inside under the guidance of the secretary.

In fact, Yoon Do-cheon was given little work due to his age. Yoon Yi-baek tends to handle major tasks related to the bank or Korea Investment & Securities.

As soon as he saw them, Yoon Do-cheon hugged Yoon Se-bin in his arms.

“Thank you for your hard work.”

“What? It’s thanks to my grandfather.”

There was a warm affection between the ancestors and the grandsons.

Nam Yun-myeong became an uninvited guest for a moment and watched the two people.

Soon they sat on the sofa and chatted away.

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“Hehe, I knew such a world-class figure would come from our family!”

The grandfather’s pride in his successful granddaughter was evident.

Yoon Do-cheon, who had been unable to take his eyes off Yoon Se-bin for a long time, finally turned his gaze to Nam Woon-myung.

“You had a hard time too. Sebin was there to help you.”

“That’s also the job of Mega Asset Management.”

“That’s right. Is this MZ Securities also a joint work between the two?”

“Well, you could say that.”

“Haha, I like Credit Suisse, but I feel so good after acquiring MZ Securities!”

When I participated in the paid-in capital increase of Bukseong Securities in the past, Yoon Do-cheon was very happy. In the past, Chairman Hyun Man-heum ignored Bukseong Securities because it was bigger?

The joy is even greater now than before, as MZ Financial Group, the parent group of MZ Securities, is a rival to Korea Investment & Securities Group.

Since ancient times, there has been no greater achievement than taking out the heart of an enemy.

Yoon Do-cheon asked Yoon Se-bin again.

“Yeah, what about father?”

“He didn’t say anything.”

Yoon Baek had refused to cooperate with Korea Bank during the Credit Suisse acquisition. This was later covered up by Yoon Do-cheon’s active scolding.

It was unclear whether the rejection was due to the situation at Korea Bank or because of a dislike for Yoon Se-bin’s performance.

“It seems like Sehyuk is still busy taking care of things.”

Yoon Se-hyeok, who resigned as president of Korea Investment & Securities, reflected on himself for a while and recently returned to Korea Bank. There were predictions that he would soon move to Korea Card or Korea Life Insurance.

“Because I can’t just play around like that, oppa.”

“Yeah, don’t be too upset with Dad either.”

“i know.”

Compared to before, Yoon Se-bin’s emotional changes have decreased when talking about her family. This is because she has become a giant and is now convinced that Yoon Se-hyuk is no longer her rival.

In fact, the moment Credit Suisse was acquired, the competition between her and Yoon Se-hyuk was considered over forever. Unless Credit Suisse went bankrupt again.

Now, her stake in Korea Investment & Securities is worth more than the combined assets of all of Korea Investment & Securities.

Yoon Do-cheon asked about the takeover process, and Yoon Se-bin told a story of her past exploits.

When the story ended, Yoon Do-cheon asked.

“Hehe, what do you plan to do next?”

“We need to build up our foundation for the time being.”

Yoon Se-bin answered.

“Yeah, that’s a good idea.”

As he spoke, Yoon Do-cheon glanced at Nam Woon-myung. His eyes were filled with the conviction that he would never remain quiet.

Nam Woon-myung smiled and interjected.

“We need to take care of Bukseong Securities too.”

“Oh! Right. So what are you going to do with the three brokerage firms?”

“I will follow Representative Yoon’s wishes.”

Nam Woon-myung worked hard to promote Yun Se-bin. There is nothing to lose by promoting her in front of Yun Do-cheon.

Yoon Se-bin also guessed the meaning and asked.

“Grandpa, do you have any intention?”

“Hmm, well.”

Judging from his expression, he seemed to have something to say.

It is not Nam Woon-myung who does not know that feeling.

“Should we merge the three securities firms into Korea Investment & Securities?”

After the merger, Korea Investment & Securities can become the largest securities company in the country. However, it will be difficult to maintain its size with the current stock trading commission business, and additional revenue streams must be discovered.

If it’s Yoon Se-bin who manages CSK, it’s obvious where he’s headed.

Beyond the commercial bank, Korea Bank, an investment bank, Korea Investment Bank, could be created, and Korea Asset Management could transform into a holding company that also performs part of the investment business.

“Ahem, it still seems a bit early…….”

The lack of specific objections means he hit the nail on the head.

As the Bukseong Group is soon disbanded, it will not be difficult to incorporate Bukseong Securities.

As we were finishing the conversation in a friendly atmosphere, Yoon Do-cheon quietly brought up the subject.

“Did you bring the acupuncture needle today?”

Of course, it doesn’t just pass.

“Would you like me to cool you down?”

“Okay, please.”

Nam Woon-myung, who had prepared in advance, took out a needle from his bosom.

Yoon Se-bin left the place on his own.

“I’ll be out, so call me when you’re done.”

Yun Do-cheon leaned back comfortably on the sofa chair and Nam Woon-myung chose acupuncture needles.

Just as I was about to put the needle in, Yoon Do-cheon asked.

“How are things with Sebin these days?”

“great.”

“Other than that. Are you two dating or something like that?”

“Not really…….”

His disappointment at the answer was obvious.

“Hey, these days, kids are so complicated. In the past, people got married right away without even seeing each other and had kids one after another.”

“Representative Yoon still has a lot of work to do.”

“You can do it after you get married.”

He kept clicking his tongue as if he didn’t like it.

“If you are destined, you will meet a good person someday.”

“I see. Right, you said you would grant me one wish before?”

“Yes, of course I will do my best, if that is what you say.”

“Yes, then I have one favor to ask. Will you continue to look after Sebin well in the future? It would be impolite for an old man to interfere in their relationship, so I must ask you at least this.”

It wasn’t Nam Woon Myung who didn’t know what he was talking about.

There is no way Yoon Do-cheon wouldn’t know that his help was no small part of Yoon Se-bin’s recent achievements.

How long will I be able to stay by Yoon Se-bin’s side?

It’s true that he helped her a lot, but he also used her to build a foothold. It’s a symbiotic relationship now. The future is unknown…

If it’s Yoon Se-bin, I’ll be by her side unless she refuses.

“I will do that.”

“Hehe, good. And if possible, try proposing to Sebin. Not just because she’s my granddaughter, but because Sebin is so pretty, right?”

I think he wants to tie the knot with Yoon Se-bin.

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