God of Corporate Hunting - Chapter 255
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◈ Episode 255 New Front (1)
Sun Yoon-ah didn’t stop at fabless investments.
She also worked on green hydrogen and hydrogen fuel cell businesses centered around Daehan Hydrogen Engineering.
Daehan Hydrogen Engineering has already completed a hydrogen fuel cell ship and is also supplying hydrogen fuel cell engines to Vectorfly.
By holding two engines that are virtually commercialized, the company has emerged as a leader in the development of hydrogen technology.
The view was that an IPO was necessary to solidify this position.
“In order to quickly push forward with the IPO of Daehan Hydrogen Engineering, we must choose a backdoor listing by acquiring and merging with a NASDAQ company. After that, we can increase capital through a public offering. In fact, it has the same effect as an IPO, so we can secure funds for business operations and recover some of the invested funds.”
Currently, Daehan Hydrogen Engineering is short on funds as it needs to expand its hydrogen business with the UAE. If it can attract investment funds, there is no reason to refuse.
“We estimate the market capitalization of Daehan Hydrogen Engineering to be approximately $30 billion. Also, in order to smoothly handle this process and maximize profits, we need to invest CSK’s funds…….”
A plan was put forward to maximize profits within the legal framework. Today’s meeting was indeed very productive.
If all of these plans are successfully completed, CSK, as well as Mega Asset Management and Korea Asset Management, will stand tall as global private equity funds.
* * *
Around lunchtime, a middle-aged man of similar age to Yongmuk Choi visited.
He was a white man with a sunburned face that showed the hardships of life.
The three people, including Nam Yun-myeong, walked through the vineyard and chatted. The walk between the trees laden with grapes was quite charming.
“This is Lord Carlton.”
Carlton held out his hand.
Nam Yun-myeong looked at the other person’s face while greeting them.
The first impression was that he was quite solid. I read the other person’s fate using the date of birth I heard from Choi Yong-mook.
Is he really a lucky guy?
“I’m currently working as a coach in Boston. When I was a player, I was a journeyman who played for six different teams.”
It means that he was a backup player who couldn’t settle down in one place and ended his baseball career by being traded here and there.
Although his playing career was nothing special, he was still a major league player and could be said to be a very capable person in baseball. It was not easy to tell whether this was luck or hardship.
“After retiring, I worked as a scout in Texas and Florida. Two years ago, I was lucky enough to get a coaching position in Boston. I’m a base running coach.”
He said that he had a hard time because he kept wandering around.
“Still, being a coach is fun. I’ve helped my team achieve success in my own way. It’s rewarding when you see results.”
Nam Woon-myung could guess the reason. Carlton’s life had really started to get lucky about two years ago. Of course, that luck wasn’t just luck, it was the result of his life’s honing.
That luck continued for quite some time. His actual fate was not much different from the fate he had estimated from the photo.
If Carlton gets lucky and gets hired as manager, the Angels will do well too.
Perhaps this meeting today is the best luck of his life.
“It’s been almost thirty years since we first met.”
Choi Yong-muk recalled his meeting with Carlton.
Choi Yong-mook said that they first met while studying abroad in the United States. He said that the two naturally became close thanks to their common interest in baseball.
At that time, Carlton was eating bread soaked in tears in the minor league, and Choi Yong-mook helped him a lot.
Although they are busy now and don’t meet often, Choi Yong-mook said that he often asks for advice while running Hwayoung Dragons.
Carlton’s advice was also a great help when you took over the Angels this time.
Choi Yong-mook, who had received permission from Nam Woon-myung with a look, asked a serious question.
“……So the reason I called you here is to discuss the Angels manager issue.”
“Director? Didn’t you say you would extend the contract with the current director?”
“I want to start anew since the club owner has changed.”
“The current manager is a capable person in his own right. If you look at the Angels’ player lineup so far, the poor performance isn’t necessarily the manager’s fault. If the players are that bad, even if the manager comes, it won’t be of much use.”
“So what I’m saying is…….”
Choi Yong-muk quietly locked eyes with his opponent.
Carlton quickly noticed the doctor and waved his hand.
“I’m a perfect coach. I like the current Boston team. Of course, if you ask me earnestly, I can go to the Angels as a coach, but that’s the manager’s decision. Anyway, I can’t do it.”
Even in the same United States, the East and the West are far apart. No matter how much I have wandered, moving to the West at this age is also an obstacle. At least this is my hometown, so it is a consolation.
“It has to be you.”
“I said that the current manager is far superior to me.”
“Do you remember what we said when we were young, over a hamburger? When I took over the team, you said you would be the manager. In the meantime, I asked you to be the manager of the Hwayoung Dragons several times, but you refused.”
“Haha! The hamburger was really tasty back then. I didn’t even have money to eat it…….”
Carlton turned his gaze away from the vineyard, as if recalling the hardships of his minor league days.
How can I forget those days when I was burning with passion for only one goal?
“I think you can do well. I don’t know about you as a player, but as a coach, your abilities are second to none.”
As Yong-Muk Choi continued to recommend coaching, Carlton, who had become more thoughtful, just wandered around the vineyard.
At this point, Nam Yun-myeong separated from the two people.
The two of them slowly disappeared into the vineyard, bickering.
Perhaps Carlton will accept the managerial job. His fate says so.
With the appointment of the manager, does that mean his work for the baseball team is over?
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If the baseball team does well, Choi Yong-mook’s business will also receive a boost, so Hwayoung Group can also rest easy. If they jump into promoting HY Emerald Hotel with the halo effect of a major league team, the synergy effect will be quite large.
Leaving Choi Da-eun and Choi Yong-mook behind in Napa Valley, Nam Woon-myeong and his party returned to Silicon Valley.
In the middle, I dropped Sunyoon off at the San Francisco airport.
For the time being, she is busy with fabless and CSK related work.
Sun Yoon-ah alone has limitations in handling simultaneous M&A. Dan Kirk must be by her side to carry out this project smoothly.
At Sun Yoon Ah’s request, Nam Woon Myung readily agreed to work with Dan Kirk. With Dan Kirk’s reputation and experience, he would be able to produce good results with Sun Yoon Ah.
However, he asked Sun Yoon-ah not to get involved with Dan Kirk for anything outside of work.
If it’s a favor you send him this time, you won’t be dating Dan Kirk. You have to trust Sun Yoon-ah, because she’s not the type of person who would cause trouble in public affairs with her personal matters.
Because I can’t just watch from the side forever.
“Keep working hard. I’ll be back soon.”
“If you please, Mr. Destiny.”
Seon Yoon-ah waved her hand coolly and turned to the boarding gate.
* * *
After the civil war over the distribution of Bukseong, the conflict between Mega Asset Management and Bukseong Group remained submerged for a while.
The solution of the Bukseong Group, which mobilized the political and financial worlds, was useless, and the Bukseong Group split in two and entered a period of stalemate.
It was divided into the Bukseong Construction and Bukseong Chemical Energy Groups, led by Hyeon Jae-seop, the chairman of Bukseong Group, and the Bukseong Distribution, Bukseong Bio, and Bukseong Life Groups, managed by Mega Asset Management, Joo Do-hee, and Hyeon Jae-eun.
Although an external force called Mega Asset Management intervened, the influence was still exerted by the owner family of the Bukseong Group, so surprisingly, the repercussions were not that great.
Also, since each affiliate closely helps each other in sales, there was not much actual change.
Of course, this result was also something that Nam Yun-myeong had induced behind the scenes. If he were to bring about change in the Bukseong Group right away, the loss would be greater than the gain.
In this situation, Yoon Se-bin met Yoon Yi-baek in the office of the president of Korea Bank.
“Why did you call me?”
The relationship between the two, father and daughter, was delicate.
In the past, Yoon Yi-baek had an unilateral advantage. Yoon Yi-baek openly supported Yoon Se-hyeok and, conversely, neglected Yoon Se-bin.
The relationship that had been like that changed starting with CSK. Also, as Yoon Se-bin attacked the Bukseong Group, the relationship between Korea Investment & Securities Group and Yoon Se-bin also became strained.
“A proposal came from the North Star.”
It was as expected.
“I have nothing special to say to Bukseong. It would be better to talk to Mega Asset Management about that.”
Yoon Se-bin refused to talk to Edu.
Yoon Yi-baek barely managed to erase his embarrassed expression and tried to calm her down again.
“It’s good for you too. Chairman Bukseong Hyun…….”
“Are we talking about marriage again?”
“No, that’s not it. I recommended your older brother as the president of Bukseong Card.”
Yoon Se-hyeok is unusually close to Buk-seong, but it was unexpected that he would be brought to be the president of a subsidiary. Yoon Se-hyeok’s abilities are questionable, and he is the perfect guy to ruin a company. He also has a history of ruining Korea Investment & Securities.
“So?”
“As you know, from an outside perspective, Yoon Se-hyeok is a very reasonable card. It is also a card that shows that the current chairman still has influence while expressing reconciliation between the Bukseong Group and the Korea Investment & Securities Group. So…….”
“Isn’t that what your father meant?”
I don’t know who brought it up first, but Yoon Se-bin also noticed that it was the best suggestion that suited Yoon Yi-baek’s taste.
After being kicked out from his position as president of Korea Investment & Securities, hasn’t Yoon Se-hyeok been working at Korea Bank in a nominal position as a director?
It was clear that for Yoon Se-hyeok, the position of president of Bukseong Card was no less important than that of president of Korea Investment & Securities.
Yoon Yi-baek, who was heartbroken by Yoon Se-hyeok’s downfall, would have naturally agreed.
“It’s not my will, it’s the current chairman’s will. After all, isn’t Se-hyeok the eldest son of my in-laws’ family?”
“In-laws? Are you still trying to get me to marry Changmin?”
“Well, if you don’t like that, then you get along well with Asol Yang and Sehyuk, right?”
Suddenly, out of nowhere, the marriage proposal between Hyun Ah-sol and Yoon Se-hyuk came up.
It wouldn’t be a bad suggestion if we could just get rid of Hyun Ah-sol, who’s after Nam Woon-myung…
“Anyway, I want you to help Sehyuk become the president of Bukseong Card.”
Even without asking Nam Woon-myung, Yoon Se-bin seemed to know the answer. Nam Woon-myung probably wouldn’t care who was appointed as the president of Bukseong Card. After all, he was the president of Baejae.
However, I hated my father for persuading me in this way.
Yoon Se-bin glared at her father with a hardened expression.
In the past, when my father glared at me, I would step aside on my own, but now it’s different. I now have the confidence that I can protect my mother with my own strength.
“You must be feeling uncomfortable. If that’s true……tell me what you want.”
I waited for those words to come out.
Of course, if there is something to give, there must also be something to receive. That is why she came here today.
“Please lend me money.”
She urgently needed to raise funds to invest in buying CSK stocks. CSK was like a lifeline for her, so she had to increase her stake. And as soon as possible.
A subtle expression appeared on Yun I-baek’s face.
Whether it was because he thought he had caught her weakness or because he had confirmed that she could not escape the fence called Korea Investment & Securities Group.
Anyway, it was an unpleasant expression on Yoon Se-bin’s face.
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