God of Corporate Hunting - Chapter 263



Only Noblemtl
Read Novel Noblemtl

◈ Episode 263: Young Manager’s Night (4)

A certain myth was spreading quietly in the financial world.

Genius of investment, god of corporate hunting! Every company he touched skyrocketed in value. Every business he invested in had a different future.

There is almost no one among high-ranking government officials or top business executives who does not know it.

There is no such thing as a failed investment for him.

Behind Yoon Se-bin, the icon of financial innovation, there was that person.

He is Nam Woon-myeong. He is the director of a new private equity fund management company called Mega Asset Management.

He is a director, but he is effectively a low-level employee with no direct subordinates.

Numerous rumors that seemed incomprehensible at first glance followed one another.

The truth has finally revealed itself here today.

“MZ Securities’ major shareholder…….”

The transformation rate’s face gradually became distorted.

There were many rumors that management rights had been transferred to MZ Securities after they compensated for the losses of Global Top Fund. In reality, MZ Bank’s influence had disappeared and Korea Investment & Securities’ interference had intensified.

There were rumors that the major shareholder was the Korea Asset Management consortium.

But people weren’t surprised. Korea Asset Management is famous for its enormous capital power, having acquired CSK. With assets under management of 750 trillion won, wouldn’t one MZ Securities be worth as much as a piece of gum?

In fact, after Korea Asset Management acquired MZ Securities, there was a change in executives, but the subsidiaries under it were barely touched.

This is the reason why MZ Card and MZ Capital were able to safely stick to their existing operating policies.

The reason Byun Seong-yool still holds on to his position as CEO is not because of his ability, but because of the mercy of Korea Investment & Securities.

Of course, the fundamental reason for this was that Nam Yun-myeong was extremely busy.

“Mr. Byun Seong-yul? Please resign and step down.”

Nam Yun-myeong declared in a dry voice.

For a moment, there was an uproar among the onlookers, and Byun Seong-yool trembled.

Was it because I couldn’t back out like this?

“Even if you are a major shareholder, you can’t just kick out a CEO who is managing the company smoothly like this! Do you think the union will just sit back and do nothing?”

“All right?”

Nam Woon-myung looked at his opponent with a bewildered expression.

I don’t remember analyzing MZ Capital’s performance. But I could guess without even looking at it. If this guy was like that, I could tell how extravagantly he had been managing it.

“How did you run it?”

“That’s… you! How well have I treated you all this time? Tell me!”

He just pointed to the executives who were sitting at the same table.

The bosses hesitated, keeping an eye on things.

“If you guys had complained that you needed money, I would have loaned you money without a second thought. If it weren’t for me, the company would have already closed!”

“Well, that’s true, but…….”

The CEOs who were under the scrutiny of the rate of change were unable to properly display their skills.

This is evidence that they were usually very arrogant. It was clear that the companies run by those CEOs were insolvent companies that were surviving on loans. If that’s the case, then I can’t help but doubt the soundness of Capital’s assets.

“Mr. Byun Seong-yul? You don’t need to blush. The dismissal has been decided.”

“But, but I, I am part of the MZ Bank owner family…….”

The rate of change insisted that he was trying to somehow preserve his position and make up for his mistakes.

Nam Woon-myung, who was very excited, asked with a sly smile.

“You’re not Mr. Kang, are you?”

“My, my maternal side…….”

“When did you stop being Mr. Kang and become a self-made CEO?”

Apparently, that kind of logic was being used until just a little while ago.

“That, that…….”

“Don’t go back and forth, just do one thing properly. Are you born with a silver spoon in your mouth? Or with a dirt spoon in your mouth?”

Transformation rate looked around.

The dirt spoon CEOs sitting at the same table were glaring at him.

Byun Seong-yool couldn’t open his mouth easily because he remembered how he had just recently criticized those born with a silver spoon in his mouth while eloquently claiming that he himself was born with a silver spoon in his mouth.

Nam Woon-myung, who had figured out the guy’s feelings, answered on his behalf.

“Whether you were born with a silver spoon or a dirt spoon, I hope you resign tomorrow and disappear. I’ll pick a new CEO. Somehow MZ Capital’s performance has been a mess, and you’ve been making excuses that it’s because of the recent high interest rates, but the real reason lies with the CEO.”

The fired Byun Seong-yool stuttered and couldn’t even make excuses.

Byun Seong-yool, whose face turned red, glared at him and then left the banquet hall.

Nam Woon-myung glared at several of the presidents who were defending the rate of change.

“Eek!”

The terrified managers took a step back.

In any case, those CEOs will also be screened out when their investment and lending suitability is re-examined.

Nam Woon-myeong looked at Yun Se-bin’s face, who was staring at him silently.

The bad luck that had been hanging over him since the afternoon had completely cleared up. So, was Yoon Se-bin’s bad luck today related to Byun Seong-yul?

Nam Woon-myung felt relieved when Yun Se-bin was safe.

This time his gaze turned to Kim Yu-chang.

“you are…….”

“S, this is Kim Yu-chang from Smile Solution.”

“What kind of place is Smile Solution?”

“We build cloud-based, office applications.”

Kim Yu-chang was so nervous that he even stuttered.

Nam Woon-myung’s gaze turned to Futuresoft’s CEO Joo Ho-seung, who was somewhat familiar to him. Joo Ho-seung was also a member of the Young Management Association.

Joo Ho-seung quickly supplemented his explanation.

“The co-working app developed by Smile Solution is groundbreaking. The idea is fresh and the efficiency is good. However, it is not well known, so no one uses it.”

Joo Ho-seung’s status has changed dramatically compared to two years ago.

Futuresoft, which had been working as a partner company for large corporations, acquired Bukseong Digital Solutions after producing a series of hit games for mobile devices. It was like an earthworm turning into a dragon.

* * * * * * * * * * * * * *
* * Baca Novel Korean * *
* * * Noblemtl dot com * * *
* * * * * * * * * * * * * *

Behind it all was Mega Asset Management, but few people knew about it.

In any case, it has now established itself as one of the largest software development companies in Korea. It is expanding its scope in games and corporate digital transformation (DX).

In the process, Joo Ho-seung also emerged as a respected figure among small-scale IT developers. He was also popular at today’s young business meeting.

Joo Ho-seung gave a positive review of Smile Solution.

Nam Woon-myeong was examining Kim Yu-chang’s face.

He is not a great person, but his future is bright. He is a person with ability and luck. The reason he has not been able to develop his ability until now is because there was no capital to support him. It is because MZ Capital only interfered too much and was reluctant to invest properly.

However, it is not easy to invest in the future of a company that has developed an app with only a few users.

Kim Yu-chang did not agree with Byun Seong-yul even though they were at the same table. Even though they had a clear relationship, he did not blindly follow. However, his voice was small.

In that respect, Nam Yun-myeong gave him points.

“President Kim Yu-chang?”

“yes yes?”

“Why don’t you stop by Mega Asset Management tomorrow? Please show us a demonstration of the co-working app you developed. If you have any other apps in development, please bring those as well.”

“ah!”

Kim Yu-chang stood there with a slightly dazed expression, and the people around him quickly understood what Nam Un-myeong meant.

This means that even Mega Asset Management will invest.

People around him showered Kim Yu-chang with congratulations.

“Go, thank you!”

Only then did Kim Yu-chang bow his head and express his gratitude.

When the inside was cleared, Yoon Se-bin came out.

“Director Nam, while we’re at it, why don’t you say hello? There are several CEOs here waiting for investment. They’ll all welcome you.”

Yoon Se-bin grabbed Nam Woon-myung’s arm and moved to the stage.

Nam Woon-myung, who suddenly went up to the stage, gave a brief self-introduction and outlined the vision of Mega Asset Management. Of course, this is not just Mega Asset Management’s investment strategy. He announced that Goryeo Asset Management and even CSK will share this investment strategy.

“……We support companies that are hard-working, visionary, capable, and technologically advanced. Finance is the lubricant that moves companies. I believe that helping companies is the mission of financial institutions.”

There was thunderous applause.

“If there is a business that is hesitant to receive investment, if that business changes our future and enriches humanity, please do not hesitate and knock on the door of Mega Asset Management. At least, we do not make investment decisions based on company size, blood ties, or regionality.”

After pouring out his usual beliefs, Nam Yun-myeong came down from the podium.

“Little brother! You speak well, don’t you?”

Bae Joo-hyun offered him a drink.

“You look great today.”

“As expected, a wise man is different!”

Even Yoon Se-bin and Choi Da-eun praised it.

While chatting, Nam Woon-myung checked out the people who were looking at him from afar. The people who were in the back of the banquet hall today, the people who were born with a silver spoon in their mouths and who struggled to become independent and build a business. Perhaps the real protagonists of today’s event were those people.

“Do you hang out over there?”

Nam Woon-myung moved first.

Yoon Se-bin and Bae Joo-hyun understood his intention and followed right behind.

As the three celebrities of the day joined in, the group of rich people sitting in the front naturally moved to the back and mingled with each other.

These two groups obviously have different circumstances and may be tied together in reality. However, if they come face to face like this, won’t the boundaries be broken down a little?

Above all, Yoon Se-bin and he are angels who provide funds to these people.

People who had been glancing at Yoon Se-bin and Bae Joo-hyun since the beginning of the meeting but had not dared to greet them gathered their courage and exchanged business cards.

Nam Yun-myeong looked at the scene with pleasure.

* * *

A change occurred in the Bukseong Group, which had been outwardly calm.

Nam Yun-myeong summoned the executives of the Bukseong Group.

The CEOs who were called up this time were all affiliates of the group whose major shareholders are Korea Asset Management, Mega Asset Management, or Bukseong Cultural Foundation.

There were about 70 affiliates of the Bukseong Group, and a summons order was issued to nearly 40 of them.

There have been meetings of group CEOs in the past, but at the time they were limited to about ten major affiliates.

It was the first time that all the presidents of affiliated companies were called together like today.

The executives gathered in the conference room of Bukseong Bio were on edge trying to obtain information.

“What’s going on?”

“Well, isn’t the group in a state of disarray these days?”

“There are rumors of civil war going around…….”

“I don’t see any CEOs from Bukseong Chemical Energy or any of its affiliates.”

The assembled executives could not hide their anxiety.

If you look at the faces of the CEOs who arrived here, you can guess their personalities. Most of them were affiliated with Bukseong Bio, Bukseong Life, or Bukseong Distribution.

There was even the president of Bukseong Machinery and Bukseong Foods, which are not even considered group affiliates anymore.

It was said that in the civil war surrounding Bukseong Distribution, Chairman Hyun Jae-eun and Chairman Hyun Jae-seop, who had Mega Asset Management on their backs, were at odds, and looking at the faces of the presidents gathered today, the meaning of this was clear.

As soon as the president of Shin-O-Guk Bukseong Life Insurance, who was the leader of these people, appeared, the presidents rushed to them one after another.

“Mr. Shin, what on earth is going on? Isn’t Bukseong Chemical Energy or Bukseong Construction attending?”

“Yes, we are having a meeting among ourselves today.”

There was a look of anxiety on Shin-O-Kuk’s face as well.

“Is it true that the group has split? Rumors have been rife, but aren’t there still good cooperation between affiliates?”

“I don’t know either. I just know that the topic of today’s meeting is a vision for the future.”

“Who is the host? Isn’t it the chairman?”

“They say he is Nam Woon-myeong, director of Mega Asset Management.”

The bosses’ foreheads became wrinkled.

Everyone’s complexion darkened as if they sensed an ominous fate.

The point of having a meeting with only half of the group was clear. It seemed like the group was really going to be divided in two.

A young man entered the large conference room amidst the chaos.

The man standing in front of the podium on the stage looked around at the executives with a confident smile.

It was none other than Nam Yun-myeong.

Read Novel Noblemtl
Read Novel Noblemtl