God of Corporate Hunting - Chapter 258



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◈ Episode 258 New Front (4)

Hyun Chang-min returned to Bukseong Digital Solutions.

It had been a while since I had been kicked out. As I opened the door to the office and went in, tears clouded my vision.

When I was here before, I never dreamed that I would be kicked out by Hyun Ah-sol. At that time, I looked up and worried about how I could surpass Hyun Chang-yoon.

But now… … .

Hyun Chang-min opened the office door with a sigh.

Fortunately, most of the employees recognized him.

“Sir, are you here?”

“Have you been innocent all this time?”

“I cleaned up my desk. It’s sparkling clean.”

Those who had once been under him bowed down one after another.

Yes, I was the president because of this taste. If there was another taste, it would be the feeling of swiping the corporate card at the club.

“Still the same. Thank you for welcoming me.”

Hyun Chang-min smiled and headed to his seat.

The president’s office was the same as before. Even the picture frame that was hanging when he stepped down was not changed.

I wiped the desk with my hand. As expected, it was clean and dust-free. That meant I cleaned it diligently for him.

A guy came in. He looked familiar. He was Manager Kim Dong-tae, who used to do the dirty work for him. He was actually the guy who performed his secretary duties.

“Welcome, sir.”

“Hey, Dongtae! How have you been?”

“I… I’ve been very comfortable without the boss… Ah, no, I’ve been missing the boss.”

“Hmm? But I’m part of the Bukseong owner family. It’s not like I’m stepping down just because I’m stepping down.”

“That is a valid point.”

Kim Dong-tae bowed and handed over the payment documents.

Hyun Chang-min asked with a deep frown.

“what’s this?”

“This is a document that needs to be paid urgently today.”

“Ha! As soon as you get here? Just sign?”

In the past, Hyun Chang-min never properly reviewed and signed. He foolishly thought that the lower-level officials had handled it well and submitted it, so he signed the final document without even looking at it.

“But you still have to check…….”

Hyun Chang-min opened the settlement agreement and checked the contents without thinking much of it.

“Huh? What is this?”

It was about exchanging some of the stocks of Bukseong Digital Solutions with Futuresoft. Moreover, the stocks were not 1 to 1, but 5 to 1. Of course, it was not 5 Futuresoft stocks for 1 Bukseong Digital Solutions stock, but 1 Futuresoft stock for 5 Bukseong Digital Solutions stocks.

“That was decided from above…….”

If it’s the upper line, does it mean the current chairman, Hyeonjae Seop?

At that moment, Hyun Chang-min realized that the major shareholder of Bukseong Digital Solutions was Bukseong Bio, and that the person with influence there was Hyun Ah-sol.

“What the heck… Isn’t Futuresoft a partner company that used to do subcontracting work for us?”

“Not these days. Futuresoft is more valuable than us. The games they make are huge hits…….”

“No matter what, it’s still like that. The company’s value is five times that of ours?”

“The analysis is that they did it cheaply too…….”

Hyun Chang-min was speechless.

At that moment, two people came into the president’s office.

“President Hyun Chang-min, it’s been a while.”

The two people greeting me looked familiar. Thinking back on my past memories, I realized they were Joo Ho-seung, the former CEO of Futuresoft, and Oh Ju-ha, the former head of development.

Wasn’t she the woman who had been bewitched by his beauty and tried to manipulate him into doing something about it?

That was Futuresoft… … .

Hyun Chang-min, whose familiar relationship with the past was revived, got up from his seat with a smile on his face.

And he patted Joo Ho-seung and Oh Ju-ha on the shoulders as if to encourage them.

“CEO Joo, Director Oh! It’s been a while. It’s really nice to see you again like this.”

Oh Ju-ha avoided his touch as if he was looking at an insect.

When Hyun Chang-min’s expression suddenly distorted, Joo Ho-seung said.

“CEO Hyun, I guess you still haven’t gotten rid of that habit. Futuresoft has the upper hand now.”

“what?”

“If you sign the document and exchange the stocks, the major shareholder of Bukseong Digital Solutions will be Futuresoft. We purchased the Bukseong Digital Solutions stocks that Bukseong Bio had.”

“What? Does that make sense?”

“Haven’t you heard? Director Nam Woon-myung said it was strange that there was a software company in the Bukseong Bio group, so he reorganized a large number of Bukseong affiliates related to software.”

Hyun Chang-min’s mouth fell open.

At first glance, it seemed like I had heard something similar from Nam Woon-myung before.

“So does that mean it’s no longer a subsidiary of the Bukseong Group?”

“Yes. The Bukseong Group’s financial situation is not good these days, so they sold it. I believe Chairman Hyeon-seop Hyun did not object.”

Hyun Chang-min felt like he had been struck by lightning.

Since it is not an affiliate of the Bukseong Group, there is no advantage to being the owner’s family. I couldn’t come to my senses as to how things were going.

Joo Ho-seung warned him.

“The decision to place the CEO as the representative was the intention of Director Nam Woon-myeong of Mega Asset Management. It is because of the realistic hope that the CEO will be able to secure work from many large companies since he has a wide network of contacts. I hope that he will continue to fulfill his duties and be faithful to the tasks assigned to him.”

“Who am I…… to you…….”

“Also, don’t forget that Futuresoft is the major shareholder of this company. It also means that they can replace the CEO at any time.”

Hyun Chang-min was speechless and could only open his mouth.

From the side, Oh Ju-ha glared at him with a poisonous gaze.

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“From now on, please never bully your subcontractors, especially female employees, by asking them to entertain you. If I hear rumors of you doing so, I will fire you immediately.”

“Ugh…….”

Hyun Chang-min barely swallowed a groan.

Joo Ho-seung said with a sly smile.

“Sign up quickly. I have a lot of work to do today. There are quite a few projects that Futuresoft is subcontracting. That’s the only way for Bukseong Digital Solutions to survive.”

The pen fell out of Hyun Chang-min’s hand.

* * *

The future urban air traffic network, eVTOL, has been established in Los Angeles, USA, Riyadh, Saudi Arabia, and Abu Dhabi, United Arab Emirates.

The vertiports required for the takeoff and landing of eVTOLs are not as large as those of regular airports, so they can be easily built using parts of existing airport terminals, small parks in the city center, and building rooftops. Thanks to this, all the infrastructure could be built in an instant once the city authorities gave their approval.

The core of the air traffic network, eVTOL, was selected as Vectorfly’s VF-3. Above all, the aircraft, which can accommodate eight people, was optimized for short-distance passenger transportation, and the cutting-edge engine with hydrogen fuel cell technology significantly increased the flight range. There was no disagreement about the adoption of VF-3 because of its superior stability compared to other eVTOLs.

From then on, conflict erupted over which city would be awarded the world’s first title.

The competition between the three cities for pride was so fierce that Vectorfly pulled out the simultaneous launch card.

Thanks to this, eVTOL transportation networks were launched simultaneously in three cities.

Nam Yunming diligently followed the VF-3 news that was continuously being reported.

“That’s amazing.”

Before I knew it, it felt like a new future was fast approaching.

The ride review of a passenger who rode the VF-3 from the airport to the city center also attracted attention. There was a long line of favorable comments saying that they wanted to ride it again and that they would only ride eVTOLs in the future instead of taking buses.

“A scene from a movie has come true! If I ride the VF-3, I can be the main character in a movie!”

“What if I ride it and it falls from the sky?”

“If it’s not an airplane, it won’t crash.”

“Vectorfly, which created VF-3, is the largest shareholder of Korea Asset Management. It is a private equity fund headed by financial innovation icon Sebin Yoon.”

“Oh! Yoon Se-bin? You’ve achieved innovation in transportation as well as finance.”

“I want to ride the VF-3 with Yoon Se-bin.”

“Did the goddess even look at you?”

Nam Woon-myung smiled faintly as he watched the reaction.

Yun Se-bin reappears with VF-3.

As I was searching the news with a happy heart, Yoon Se-bin came to me like a tiger that heard my words.

“what are you doing?”

“I see VF-3.”

“Did you go to the opening ceremony?”

“Representative Yoon should have gone.”

Yoon Se-bin and Nam Woon-myung were invited to LA, Riyadh, and Abu Dhabi. The so-called UAM opening ceremony. However, since they only had one body, they were unable to attend any of them.

Because if you go to just one place, you’ll be subject to abuse in other places.

Thanks to that, I only watch the news in Korea.

“Passengers who rode VF-3 will ride VF-3 again next time.”

This is Nam Woon-myung’s conviction after seeing the fate of those involved.

“With Vectorfly on the rise, CSK also unexpectedly rose.”

CSK’s stock price has soared.

Currently, the key company related to eVTOL is Vectorfly. Vectorfly is connected to several companies related to VF-3. Daehan Hydrogen Engineering is a representative company, and China’s Zhonghua Automatic Machine and Daehan Mirae Research Institute also received attention.

CSK also attracted attention when it was revealed that it had invested in the Chinese automatic machine and Vertiport business units.

Currently, CSK’s stock price has risen from $0.80 per share, which was acquired by the Korea Asset Management consortium, to $4. In other words, the market capitalization has increased fivefold compared to immediately after the bankruptcy. This is due to the evaluation that bad investments have been cleaned up and good investments have increased.

At first glance, it seems like a lot, but it’s still a long way off. The stock price before the banking crisis is a long way off. Credit Suisse’s stock price was around $10 just two years ago.

In any case, even with the current stock price, the Korea Asset Management consortium and Yoon Se-bin have made significant profits, and those profits are still ongoing.

Nam Woon-myeong checked CSK’s stock price and asked again.

“You said you would personally buy CSK stocks back then, right? Did you buy them?”

I know that Yoon Se-bin bought at least some of the stocks of Korea Asset Management as collateral to Mega.

Yoon Se-bin smiled brightly.

“Of course I bought it. I put in all the money I borrowed from Mega, the money I borrowed from Korea Bank, and all the slush funds I had.”

“So how much profit did you make then?”

“The biggest thing is that CSK is now firmly in my hands, rather than the profit.”

Nam Woon-myeong was astonished at Yun Se-bin’s decision.

No matter what anyone says, Yoon Se-bin is a gambler. The moment he discovered Credit Suisse in crisis, he pushed for the acquisition. And he bet everything on its normalization.

Thanks to this, she became one of the most prominent financiers in Korea, and even in the world.

That’s not all. As the representative of CSK, she has risen to a position where her influence cannot be ignored not only domestically but also internationally.

Now, it has reached the point where financial policymakers from the US and EU come to her for advice and favors.

Nam Woon-myung gave a thumbs up to Yun Se-bin.

Yoon Se-bin shook his head, swallowing a hollow laugh.

“Even so, I can’t keep up with Mr. Destiny.”

“Why me? I only have Mega Asset Management. Even CEO Yoon owns 10% of Mega. Besides, the value of Korea Asset Management must be even higher than that.”

No one knows how much Mega Asset Management, which owns Daehan Hydrogen Engineering and Vectorfly, is worth.

The value of Korea Asset Management is no less.

Nam Yun-myeong said with a smile.

“But this time, there is someone who has treated me the best. Should we call that person and have a meal together?”

The market capitalization of Daehan Hydrogen Engineering has surpassed $60 billion. Based on this market capitalization, Daehan Hydrogen Engineering is a great company that is ranked in the top 5 in Korea.

Because Bae Joo-hyun owns 1/3 of the stocks of Daehan Hydrogen Engineering through personal investment.

It was like going to Gangnam with a friend and getting hit with a windfall.

“Of course, President Bae pays for the meal.”

Yoon Se-bin also actively agreed.

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