God of Corporate Hunting - Chapter 256



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◈ Episode 256 New Front (2)

“I understand that you have already invested a lot in Korea Asset Management at the request of the Chairman?”

“That was an investment in LP, not a loan. You know that thanks to that investment, Korea Bank saved face. Didn’t its profits skyrocket last year? Rather, Korea Bank benefited. And this is not Korea Asset Management, but my personal loan.”

“What are you going to use it for?”

“Should I say that?”

Yoon Yi-baek shut his mouth at Yoon Se-bin’s sharp momentum.

Yun I-baek, who had been watching her for a while, opened his mouth again.

“You’re all grown up. Okay, if you just protect one thing.”

“What is it?”

“You shouldn’t attack the Bukseong Group with the money you borrowed.”

“of course.”

Of course, the money didn’t have a name tag on it, so it’s not clear where it was used, but Yoon Se-bin gave a definitive answer.

Yun I-baek sighed and answered.

“Okay. How much do you need?”

“Two hundred billion.”

If you are the CEO of Korea Asset Management or the co-CEO of CSK, it is not difficult to get that level of loan. You just need to secure a reasonable amount of collateral.

“The deadline is one year.”

“That’s enough.”

It feels like my suffocating money meridian has been cleared.

Yoon Se-bin secured personal funds by handing over the position of president of Bukseong Card to Yoon Se-hyeok. With these funds, he will purchase CSK stocks before Daehan Hydrogen Engineering pursues a backdoor listing. Of course, in the meantime, CSK must begin investing in Daehan Hydrogen Engineering and the UAE hydrogen business.

As she turned around to organize her plans, her steps suddenly stopped.

She looked back at Yun Yi-baek and asked.

“But does your father still only take care of his son?”

Yun Yi-baek’s expression hardened.

* * *

Nam Woon-myung, who was leaving the office for the last time, met Hyun Chang-min, who was waiting on the street.

“What’s going on?”

Hyun Chang-min gave him a recommendation in a deadpan voice as he asked somewhat harshly.

“I’ll take you home, so talk on the way.”

I could get a rough idea by looking at the guy’s expression.

The guy’s nimble sports car was parked on the side of the road.

This is a place to get tickets for illegal parking, but it’s just pocket change for this guy, so he doesn’t care?

Nam Woon-myeong got into the car without saying a word, and Hyun Chang-min started the car.

“Home?”

Nam Yun-myeong gave me his home address.

Hyun Chang-min brought up the matter while driving as directed by the navigation.

“……That’s how I came to find you.”

“So, to sum it up, you’re saying you want to return as the president of Bukseong Digital Solutions?”

“yes.”

Hyun Chang-min answered with a much brighter expression.

The ride was strange because it was a car with no roof. The surrounding noise was so loud that it was hard to have a conversation. I don’t know why people would ride it and say it was good, but it’s a matter of taste.

Since being kicked out from his position as president, Hyun Chang-min has been doing nothing.

However, during the Bukseong Construction civil war and the Bukseong Distribution incident, he took Hyeonjae’s side and established his own specialty.

Now that the situation has been sorted out, he’s come to demand the fruits of his labor. Judging by his actions, it’s not even worth listening to, but is there still a use for him?

“Mr. Hyun Chang-min, do you think you are suitable for the position of president?”

“of course.”

“Don’t you think someone else could do better?”

“A company should be run by the owner’s family in order to run properly. At least I am the person best suited to run Bukseong Digital Solutions.”

For reference, when Hyun Chang-min was the CEO, Bukseong Digital Solutions’ performance hit rock bottom.

Hyun Chang-min expressed his dissatisfaction to Nam Woon-myung, who was frowning deeply.

“But I helped too, right? But I got nothing in return. My brother made a lot of money because the stock price of Bukseong Pharmaceutical went up, so…….”

The person who sold the Bukseong Pharmaceutical stocks was Hyun Chang-min. No one encouraged him to sell.

As a side note, as the clinical trial became known worldwide, the stock price of Bukseong Pharmaceutical rose significantly.

Now, it has more than doubled its market capitalization compared to Bukseong Bio. Its current market capitalization is over 10 trillion won, and it is expected to surpass 20 trillion won once product sales begin.

This is the power of obesity treatment.

When Hyun Chang-min bought it, it was a company with a market capitalization of 500 billion won, so it was like a sparrow turning into a phoenix.

“That, that… I think I can do well from now on.”

If you can speak well, who can’t?

However, Nam Woon-myeong could not completely reject Hyun Chang-min because he was on his side and his influence on the Bukseong Group was quite large.

In some ways, it would not be a bad idea to appoint Hyun Chang-min, a member of the Allied Forces, as the president to show the solidarity of the Allied Forces to the outside world. Of course, this is under the premise that he is diligent in his work.

“It’s not something that can be achieved just by talking. You have to work hard.”

“Of course I will work hard. I will do it when I have to.”

Are you mature now? However, Nam Yunming knows that people do not change easily.

“We will soon reorganize the affiliates under Bukseong Bio. Of course, Bukseong Digital Solutions will be included in the reorganization. There is no reason for Bukseong Digital Solutions, an IT company, to be included in the bio group.”

“Anyway, I don’t care.”

The attitude of not listening remained the same.

“Okay. Then I will try my best to get appointed to Bukseong Digital Solutions. However, the situation is a little different from the past.”

“It’s okay. If I become the CEO, I can also get back on my feet. When my grandmother passes away, I’ll inherit a little bit, and when I get married, my father will take care of me. If I marry Sebin, I’ll get more and more…….”

I couldn’t help but sigh when I saw Hyun Chang-min dreaming alone. Perhaps this way of thinking is natural for a guy who has never worked for himself in his entire life and has just been eating the fallen beans.

“Please keep in mind that this is your last chance.”

“I know.”

“Then I will have you promoted to president soon.”

Hyun Chang-min was so happy that he almost jumped for joy.

Nam Woon-myeong expressed his condolences for Hyun Chang-min’s future.

“Betrayal will not be tolerated. Make this clear.”

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“I know, too.”

Hyun Chang-min still didn’t listen properly.

We entered Gangnam.

But somehow, I saw a familiar Bentley in front of me. It was Yoon Se-bin’s Bentley.

Even now, her Bentley is driven by Shin Chul-ho.

When I looked at the driver’s seat, I saw Shin Chul-ho sitting there, and next to him was a familiar woman. It was Jo Ha-neul, Yoon Se-bin’s secretary.

Were you two dating?

When I see the two of them joking around while stopped, I think it’s a good time.

* * *

Yoon Se-hyuk felt like he was flying.

Because he looked good to Hyunjae Seop, he was given the position of president of Bukseong Card.

I thought that Hyun-Seop’s authority was greatly reduced due to the Bukseong Distribution incident, but it seems I was mistaken.

“As expected, Mega Asset Management, Joo Do-hee, and Hyun Jae-eun were all just loudmouths with no substance. I was the one holding the strings well.”

Yoon Se-hyeok praised himself for accepting Hyun Jae-seop’s persuasion.

In any case, the position of president of Bukseong Card seems plausible even from an outside perspective. It wasn’t much different from the previous president of Korea Investment & Securities.

Rather, it was better in terms of image. The president of Korea Investment & Securities was stigmatized as a parachute, but Bukseong Card is not like that. He is not a member of the Bukseong Group owner family.

I took the elevator up to the Bukseong Card president’s office.

Several employees rode the same elevator as him, but instead of greeting him, they seemed to treat him like a peddler. It was natural since no one knew his face, but for some reason, it made me feel bad.

‘In the old days, everyone trembled when I appeared.’

I missed movies from the past. Even the commuting scenes that resembled the royal procession.

‘Just these… … .’

Yoon Se-hyuk waited for the elevator to stop, gritting his teeth.

An ordinary financial office, except for the North Star logos plastered here and there.

As I was standing at the entrance, wondering where to go, a man approached me and spoke to me.

“if…….”

Yoon Se-hyeok glanced at the person he was dealing with. Judging by his age and his aura, he seemed to be at the director level.

“I am the new CEO, Yoon Se-hyeok.”

“Oh my! Hey, is the boss here?”

The man bent his back sharply.

The man’s title was said to be executive director.

“I saw the announcement, but you’re so young… I didn’t expect you to come today.”

“Okay! I know that since I’m starting work today. But how many employees are there here?”

“I did go on some field trips… but there are about thirty people here now.”

“Gather everyone. The boss is here, so we need to see his face.”

The manager ran over quickly.

Yoon Se-hyuk turned up his collar and went inside with a relaxed mind.

As expected, the company was a chaebol with a single-person system, and its movements were swift. It was a different corporate culture from Korea Investment & Securities. Rather, it seemed to fit well with it.

In an instant, a crowd of employees gathered in front of him.

The staff kept glancing at him and whispering in his ear as if he were at a zoo.

Yoon Se-hyeok, who was very upset, shouted.

“What are you doing? When the boss comes, you have to line up on both sides. Do I have to teach you that too?”

The employees lined up on both sides, reluctantly, even though they were in an uproar.

Yun Se-hyeok shouted as he walked slowly through the middle.

“I am the new president. The chairman trusted me and sent me here. So what I say is what the chairman says. Do you have any complaints?”

“Oh, no.”

The employees all bowed their backs.

Only then did Yoon Se-hyuk smile in satisfaction.

“From now on, every morning when I come to work, I will stop what I’m doing and line up here. Got it?”

The employees who were watching the sudden shouting had no choice but to respond.

“All right.”

“Since ancient times, there has to be a hierarchy to maintain discipline in a company! Especially in financial institutions, accidents do not occur unless there is discipline! Did I say something wrong?”

“no.”

“Of course. I’m a finance guy. So, where is my seat?”

“Over there.”

The manager he had met for the first time guided him while nodding his head earnestly.

Yoon Se-hyeok said as he entered the president’s office.

“Call all executives. Report on the company’s management policy first!”

Yoon Se-hyuk started to bully others.

* * *

After many twists and turns, Daehan Hydrogen Engineering was listed on NASDAQ.

Daehan Hydrogen Engineering was not able to list on NASDAQ as it was only recently established. However, it succeeded in a backdoor listing by acquiring and merging with a small hydrogen technology venture listed on NASDAQ.

Then, the paid capital increase public offering was carried out at lightning speed.

Investors’ interest exploded with the emergence of blue chip companies.

Daehan Hydrogen Engineering received a great welcome when it announced that it had succeeded in commercializing a hydrogen fuel cell ship engine and had started supplying hydrogen fuel cell engines to Vectorfly, an eVTOL developer. This was a case where a backdoor listing actually had a positive effect.

News that a large amount of funds from the Abu Dhabi Investment Authority was invested here has fueled the stock price of Daehan Hydrogen Engineering.

In addition, the technological prowess of H Solution and HM Technology, subsidiaries of Daehan Hydrogen Engineering, has also emerged as a focus of attention.

As soon as it appeared on NASDAQ, Daehan Hydrogen Engineering continued its upward trend and emerged as a leader in the hydrogen technology group.

The market capitalization is a whopping $30 billion.

The analyst said even this was a bargain and set a target price of $60 billion, doubling that figure within the next year.

When Nam Woon-myung and Bae Joo-hyun established Daehan Hydrogen Engineering at Mega Partners, the initial capital was only 300 billion won. The amount invested by Mega Partners and Korea Bank PE was 100 billion won each. When the company was listed on NASDAQ, it grew into a huge company with a market capitalization of over 30 trillion won.

Mega Asset Management and Korea Asset Management, which owned the shares, hit the jackpot.

The person who was more inspired by the windfall than anyone else was Bae Joo-hyun.

Bae Joo-hyun invested in Daehan Hydrogen Engineering with his personal slush funds, not with Daehan Shipbuilding funds.

In an instant, Bae Joo-hyun’s personal assets surpassed 10 trillion won, and now there was no one within Daehan Shipbuilding who could dare stand up to him. The entire market capitalization of Daehan Shipbuilding Group was comparable to that of Daehan Hydrogen Engineering.

He rose to become one of the richest men among the country’s conglomerates, and at a young age at that.

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