God of Corporate Hunting - Chapter 254



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◈ Episode 254 Saudi Arabia and UAE (4)

There is a lucky man.

He is a person who succeeds in whatever he does.

Lee Joo-hee, the lucky icon who used to assist Hong Sung-hoon at Daeyoung Chemical, was such a person. She also had small fortunes, and thanks to them, her colleagues also enjoyed good fortune.

The man in the photo that caught Nam Woon-myung’s eye was a lucky man. When this man became the manager, he would hit a home run when he pinch-hit, and strike out the batter when he changed pitchers.

How can a person like this… … .

“Can I meet this person?”

“My hometown is California, so I’m here during the off-season. If I call, he’ll come running right away.”

“Let’s meet up tomorrow?”

“That’s not difficult. But… is this person okay as a director?”

“Just check one thing.”

It is not common for fortunes in pictures to differ from actual fate, so it is practically confirmed by the director.

If we change the manager and catcher, our results will at least be better than this year.

The remaining player recruitment issues can be seen as a bit of a waste.

Nam Woon-myung ended the conversation by picking a few players from the list who would be ruined if recruited.

Even that seemed to be a great help, as Choi Yong-muk’s face brightened.

“Thank you. I’ll take care of the rest. I can’t rely on you to pick players forever.”

Choi Yong-muk, who had moved to a window overlooking the vineyard, sat alone, lost in thought.

He spent his time looking out over the vineyards, drinking wine, and then going back to looking through club materials.

Nam Woon-myung was also envious of how happy Choi Yong-mook was right now.

I wonder if he too can achieve his dream and enjoy the vineyards and wine here.

Bam-

Nam Woon-myung turned around at the touch of a hand on his shoulder.

It was Choi Da-eun.

“Wise man! Do you want to go for a walk with me?”

“Is that so?”

Suddenly, I turned my gaze to Yoon Se-bin and Sun Yoon-ah.

The conversation between the two was no different from the argument between him and Choi Yong-muk just now.

They were having a heated discussion while drinking wine and spreading out documents on the table. When workaholic Yoon Se-bin and Sun Yoon-ah, who hates losing at work, meet, such an absurd scene is created.

When you come to a winery, you should drink wine with style, but why are you so absorbed in business discussions?

It seemed like all the problems that had been at odds with each other due to being separated in Korea and the United States were being resolved today.

“Da-eun, shall we go out?”

Nam Woon-myeong guided Choi Da-eun to the vineyard like a gentleman.

* * *

Under the dark sky, streetlights lit here and there among the vineyards created an atmosphere.

I think I walked along this road with Yoon Se-bin at dawn before… … .

Choi Da-eun was speechless at the peaceful atmosphere of the vineyard.

She was jumping around like a rabbit and cheering excitedly.

“Wow!”

“I guess you feel good.”

“My dad is crazy. He must have really enjoyed the major league team acquisition. He hasn’t been able to sleep since then.”

“Because I achieved my dream.”

“That’s why I’m worried.”

“yes?”

“These days, all other company work is on the back burner…….”

As expected, there were problems. It can’t be helped since it’s the off-season and they just took over.

“I’m sure you’ll be back soon. But your main job is Hwayoung Group.”

“that is…….”

It seemed like Choi Da-eun had something to say.

“Is there a problem?”

“Actually, my father is going to hand over the position to me. He said he’ll put me in charge of the planning headquarters in charge of the entire group……”

Until now, Choi Da-eun had no position in the group.

Although I was occasionally involved in the work of Hwayoung Department Store and Hwayoung Hotel, it was not normal work. Strictly speaking, it could be seen as the owner’s family’s abuse of power and parachute.

Of course, the reason it turned out this way is because Chairman Choi Yong-mook was unable to decide how to use Choi Da-eun.

The succession plan with Choi Da-eun’s older brother was also not yet finalized. However, in the meantime, Choi Da-eun went around to various affiliates on her own and became familiar with the situation.

In some ways, it revealed his innate talent as a manager.

“Why all of a sudden?”

“You want to get more involved in the baseball team. It wasn’t like this when Hwayoung Dragons was founded, but it’s particularly bad this time. Soon, all the registered directors will resign and step down from the front lines. As the group chairman, you’ll only exercise the authority to make major decisions behind the scenes, right?”

“Is it a good thing?”

“It’s going well. I’m worried. The reason they appointed me as the head of the headquarters is because they wanted to pass on my father’s work to me.”

I thought I understood what Yong-mook Choi meant. It seemed like he was thinking of raising Da-eun Choi as his successor.

Choi Da-eun, who realized the meaning, feels burdened and is now complaining to him.

Choi Da-eun continued speaking while walking slowly.

“There’s a reason my father confidently leaves the group work to me.”

“What is that?”

“It’s because of Mr. Destiny. Because when Mr. Destiny is by my side, I don’t make big mistakes.”

In the meantime, I have worked with Choi Da-eun on various projects. I have also intervened in the Hwayoung Group’s business, both large and small. In any case, everything is going smoothly, from Mini24 to Coffee World and the HY Hotel brand business. So Choi Yong-mook was able to take a break for a while and try to focus more on being a professional baseball team owner.

It’s not particularly difficult, though, as I plan to continue my good relationship with Choi Da-eun.

“So, what do you think, Da-eun?”

“I also want to jump into group management in earnest at this time. I’ll do it someday. Wouldn’t it be better for me to demonstrate my abilities if Dad steps aside for a while?”

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“That is true, but on the other hand, there is also a risk of causing great damage.”

“I’m sure Mr. Destiny will take care of that.”

Choi Da-eun smiled at him.

She is always bright and positive. At first glance, she may seem like a carefree college student, but there is no need to be depressed around her.

I understood her feelings.

I’m excited to be in charge of the group’s work, but I’m afraid that I won’t live up to expectations. And I’m hoping that he can help me overcome that fear.

He became friends with the future group chairman and he is not one to turn down a favor.

“Of course I will help.”

“Haha, I knew it. By the way…… I heard that Hwayoung Hotel is planning to build a new hotel in Pangyo?”

“Why Pangyo of all places?”

“The hotel’s first guests are businessmen. There is a lot of business demand in Pangyo.”

It is a hotel location based on sound theory. It also has the advantage of being close to Seoul, so it can absorb the influx of foreign tourists.

“It looks okay.”

“Right? That’s the first major project I’ll start when I take office as the head of the headquarters.”

Choi Da-eun revealed various business ideas.

Nam Woon-myung listened quietly. Right now, she wasn’t asking about the feasibility of the business. She just needed someone to listen to her ideas.

What would happen if the actual management of Hwayoung Group moved from Chairman Choi Yong-mook to Choi Da-eun?

I don’t know what the future holds for Hwayoung Group, but Choi Da-eun’s fate hasn’t been particularly troubled. At least Hwayoung Group will go smoothly.

* * *

The next day, while waiting for the Boston coach, who was a friend of Choi Yong-mook, Nam Woon-myeong discussed investments with Yoon Se-bin and Sun Yoon-ah.

Since the three of them were the de facto key figures in deciding on the investments of Korea Asset Management and Mega Asset Management, it was necessary to organize the major flow when they met like this.

Especially as CSK has recently become stable and Silicon Valley Capital has begun to grow, establishing an investment direction provides a solid standard for future decisions.

Yoon Se-bin first mentioned the current status of CSK.

“CSK is stabilizing noticeably. It has hardly been shaken by external shocks lately. This is the effect of Mr. Unmyeong handling the problem assets in advance. In addition, some investments that were almost ruined have recently stabilized and increased profits…….”

The way Nam Woon-myung classified things at the time of acquisition shone through.

Even after the financial crisis was resolved, regional banks in the US were still suffering aftershocks, but CSK was the only one to stabilize quickly. CSK and the Swiss government promoted this as the Yoon Se-bin effect.

Yoon Se-bin has gained fame as a financial innovation icon not only in Korea but also in Switzerland.

“CSK stock price is also gradually stabilizing. That is why there were some problems.”

Typically, when you are appointed as the CEO of a company, you own a certain amount of stock, whether through stock options or other means, in order to declare your management responsibilities to the public.

In a normal case, Yoon Se-bin would also need to purchase some CSK stocks. In addition to the shares purchased by the major shareholder, Korea Asset Management, he would also need personal shares.

However, in the case of CSK, the acquisition was processed so hastily that Yoon Se-bin was absent-minded and was unable to purchase stocks.

As CSK’s stock price hit rock bottom and began to show signs of a gradual rise, Yoon Se-bin became anxious. If he was going to buy, he had to buy it at a low price.

“So I’m thinking of buying CSK stock.”

Nam Yun-myeong also agreed.

“CSK’s future is very bright. If only the companies related to Vectorfly that CSK invested in were listed, their stock prices would recover to their previous levels.”

“So I have to buy it…….”

Most of Yoon Se-bin’s assets are tied up in Korea Asset Management. Currently, Korea Asset Management is worth a lot, and her assets are evaluated as being very large, but they are not cash that can be used immediately.

But now it is not a situation where I can reach out to Yoon Do-cheon.

Yun Se-bin looked at him, and Nam Woon-myung understood the meaning.

This is the method currently used by Bukseong Group’s Hyunjae Seop.

“Entrust it to Mega Asset Management. For 5 years. CSK stock price will skyrocket before then, so you will be able to get it back.”

“Is that okay?”

“Well, I have some spare cash. Even if I don’t, I can ask Director Yoon to do it.”

“thank you.”

“Thank you. If I can’t find it… Goryeo Asset Management will become Mega Asset Management. Then I’ll just kick out CEO Yoon….”

“What are you doing kicking me out?”

Yoon Se-bin opened his eyes wide and pretended to be angry.

The answer actually came from Seon Yoon-ah.

“Oh my? Sebin knows how to get angry too? But right now, her face doesn’t look angry. It looks like a child throwing a tantrum.”

“Sister! What is it!”

In fact, Yoon Se-bin’s expression was cute rather than scary.

Nam Yun-myeong returned to his serious state and asked.

“How much do you want to buy?”

“CSK is so big… it has to be at least 500 billion won. Some of it is a loan from Korea Bank… and the rest is from Mega Asset Management.”

“If this investment is successful, we will truly rise to the ranks of conglomerates.”

“Sebin was a tycoon before?”

“Until now, I was a chaebol family. From now on, I will be a chaebol.”

Nam Woon-myung is confident in CSK’s success, so Mega Asset Management is also considering purchasing additional CSK stocks.

After deciding on Yoon Se-bin’s personal investment policy, this time Seon Yoon-ah brought up the agenda.

“Looking at the situation back in New York, semiconductor fabless investment looks promising.”

Fabless is a company that specializes in semiconductor design. All processes related to production are outsourced, and the company makes a living with excellent ideas and superior design chip technology. Since it is a small-quantity production of a variety of products, technology is a priority.

The system semiconductor sector is one where the US, Taiwan, and China are stronger than Korea.

“I expect AI semiconductors to emerge as a key player in the future. Currently, the fabless sector is a mess of companies, from large to small… If we invest money and reorganize, we can reorganize into a few large companies.”

Sun Yoon-ah’s argument was to change the paradigm of fabless companies.

Compared to memory semiconductors, it is less affected by economic cycles and has a bright outlook, so it is certainly a promising investment.

Next, Seon Yoon-ah explained the investment strategy.

She probably spent months agonizing over this plan.

Nam Woon-myung read Seon Yoon-ah’s excellence and boldness in this project.

How to take the lead in the industry by reorganizing the framework of existing companies with capital!

As expected, he was a great person.

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