God of Corporate Hunting - Chapter 291
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◈ Episode 291: The Fall of Everly (2)
When Everly returned to the hotel, he received a call from headquarters.
Bad news piled up.
Adadi Group has pulled out of its bid to buy an iron ore mine in India, followed by news that the Abu Dhabi Investment Authority is retrieving its investment in KR Investment Group.
The reason, of all things, was the problem with the Indian iron ore mines.
If I had time, I could have sold it out by tricking them, but where did it go wrong?
“Ashur…… rejected me! This is all because of Yun Se-bin!”
Before Yoon Se-bin appeared, she had maintained a good relationship with Ashur.
She was a good partner for Assur, who was trying to increase investment in the West. The main reason she was able to establish herself within the KR investment group despite being a parachute was Assur’s trust.
At one time, she even thought of becoming the third wife of Ungamsaengsim. Of course, this was only her own opinion.
At some point, that position began to waver.
In the process of verifying the information, she found out that Yoon Se-bin had even received a marriage proposal from Ashur.
Even though it is a polygamous country, in Assur, it is not easy to bring in women. Yun Se-bin has achieved the glory that even she could not enjoy, and she was furious.
From then on, I had not had a chance to meet Ashur alone until I finally met him in Silicon Valley. I heard that Yoon Se-bin was with him, but she pushed ahead, hoping to regain her position.
And then things went from bad to worse.
From then on, he was jealous of Yoon Se-bin and hostile to Korea Asset Management.
He plotted a plot in Bukseong, which was a great place to gain profits and also a good place to strike Yun Se-bin. However, a man named Nam Un-myeong kept getting caught.
As a result, he suffered the opposite, and now he has completely lost Ashur’s trust.
“If you take out the investment funds… it’s a big problem! You have to sell off your Bukseong Chemical Energy stocks unconditionally!”
I realized that all of this was a ploy by Yun Se-bin and Nam Woon-myung.
However, there was no other suitable way to solve the problem.
“Ugh!”
She screamed, clutching her head with both hands.
The situation was not easy. It was not a problem that could simply end with her, but an issue that would shake up the entire KR investment group.
* * *
Hyun Chang-min received a call from Hyun Jae-seop.
It was the first time he had called me back after deciding to help Hyunjae Seop.
In the meantime, he sold his stocks in Bukseong Chemical Energy under the orders of Hyun-Seop Hyeon and invested the remaining slush funds into Bukseong Life Insurance.
The results were disastrous.
As soon as I bought Bukseong Life Insurance stocks, the stock price skyrocketed. It suddenly hit the upper limit and jumped up tremendously.
The stock price, which had been at the lower limit, suddenly fell to the lower limit within a few days and was unable to break out of the lower limit.
The loss was enormous. I was so greedy that I even resorted to credit loans.
On the other hand, Bukseong Chemical Energy was flying high.
It was a bit slippery at the top, but it was very high compared to when he sold it.
The rumor was complicated. The battlefield had moved from Bukseong Life to Bukseong Chemical Energy.
While I was feeling anxious, my father called me.
“Father! What the hell happened?”
As he opened the door to the chairman’s office and shouted as he entered, he discovered two people ahead of him.
This is Hyun Chang-yoon and Yoon Se-hyeok.
Even if Hyun Chang-yoon is a family member, it is still unknown why Yoon Se-hyeok is here.
Hyun Chang-min secretly glared at Yoon Se-hyeok and then sat down.
As expected, Hyun-Seop Hyun confessed what had happened so far.
“We don’t have the money right now, so we can’t do anything. It’s like we’ve run out of bullets in the middle of a war. What should we do?”
“What happens if I do nothing?”
Hyun Chang-yoon asked.
“The KR investment group will not sell either, so the current situation will continue. Then, we will slowly wither away. We are the only ones who will be disadvantaged.”
Everyone became depressed at Hyunjae Seop’s answer.
“First of all, I need to secure funds urgently. So, that’s why……”
Hyunjae Seop has come up with a plan.
The stock price of Bukseong Chemical Energy will not fall if it rises at this point. How can the stock price fall when the three forces are competing for power? It is just a lull. It is obvious that it will take another leap forward when the materials are rekindled.
If the bottom is blocked and the top is open, what is the best option? Leverage.
The most advantageous way to buy individual stocks than regular purchases is CFD trading (contract for difference trading). This is because you can buy 2.5 times more reliably.
“There is no collateral?”
“Don’t you have any stocks in Bukseong Life Insurance?”
Hyun Chang-min recalled the stocks in Bukseong Life Insurance he had bought after hearing his father’s words. He didn’t even want to remember how much of a loss he had incurred.
“That, that is…….”
“With this one shot, we can pay everything back and get the group back. What are you going to do?”
Hyun Chang-min was suddenly scared.
If it goes well, you might find a group, but if it doesn’t, you’re broke.
“As a man, you have to see the outcome. If you hesitate at a critical moment, you are not qualified to be the leader of a group.”
Hyun Chang-yoon responded immediately to Hyun Jae-seop’s words.
“I will help my father.”
Hyunjae Seop’s gaze turned to Hyun Changmin.
Hyun Chang-min was too greedy to refuse.
Now that he has turned to Hyeonseop, the opportunity to refuse has already passed.
Finally, attention was focused on Yoon Se-hyuk.
“I, I…….”
Yoon Se-hyuk couldn’t answer easily.
Of course, there is money in his name. It will be a help in the fight for the succession of the Korea Investment & Securities Group. I didn’t feel like using it for the Bukseong Group. No matter how many times I thought about it, it didn’t seem to be Hyeonjae-seop anymore.
Hyun-Seop said with a smile.
“I have to beat my younger brother, and I also have to protect my position as president of Bukseong Card.”
The threat worked.
Yoon Se-hyuk also accepted.
There are four people on the same boat in the midst of a storm. Hyun Chang-min was proud that he was on the same side as his father, even in the midst of anxiety.
The North Star is a great ship and will not sink in a storm.
* * *
Everly came to Mega Asset Management.
Since this was an expected visit, Nam Woon-myung calmly guided her to the conference room.
“Should I call Representative Yoon too?”
If there is to be any important agenda to be discussed, especially if it involves Korea Asset Management, Yoon Se-bin must be present.
The convulsive reaction came back immediately.
“No!”
“yes?”
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“Instead of Representative Yoon, call Mr. Shin Cheol-ho.”
Nam Woon Myung obediently complied, as he couldn’t figure out why it was Shin Cheol Ho, but Evely’s reaction showed that she was in danger.
Nam Woon-myung sat down next to Shin Cheol-ho and began negotiations, with Everly in front of him.
“Have you thought about it?”
Nam Yun-myeong asked leisurely.
The roles of A and B have changed.
“Is there anything to worry about?”
Although Evely responded in a relaxed voice, Nam Woon-myung sensed the dark clouds hanging over her face.
“There has been no significant change for us either.”
Nam Woon-myung sighed at Everly’s answer and asked cautiously.
“Okay. I will withdraw my offer of 150% of the current price. Please buy it at the current price.”
“Should we just sell it in the market now?”
Avery frowned. If you sell in the market, the stock price will plummet.
“Don’t push the players too hard. What do you think? Let’s transfer all the stocks we have through a block deal. Up to 10% of the current chairman’s stake.”
The KR investment group’s financial difficulties were evident.
There is no reason to buy this after all the hard work I have put in. The current stock price of Bukseong Chemical Energy is not cheap.
“The current price is expensive. As you know, it is much more expensive than the average price for the past six months. There is no reason to buy at that price.”
“Isn’t the Bukseong Group involved?”
“That would only apply to Chairman Hyeon-seop.”
Everly, who was worn out by Nam Woon-myung’s firm answer, was on edge.
Negotiations ran parallel.
“This guy is just not good at negotiating.”
This time, Everly’s gaze turned to Shin Cheol-ho.
Shin Cheol-ho stepped forward confidently.
“That’s not how you negotiate. Look at me.”
Shin Chul-ho started talking about everyday life, regardless of whether Avery laughed or not.
Even so, the things the two can relate to are limited to Catherine.
“As you know, Catherine is pretty. I’m not the type to date just anyone. When I drive a supercar and go out on the street, girls just come after me.”
“Is it a supercar?”
“I have a ventri that I received from Ashur…….”
“Ugh, Ashur!”
“Do you know Bentley? That car is pretty nice.”
“Eww!”
Are you suddenly making a horror movie? When Ashur appears, Everly has a seizure.
Anyway, as I was looking at Shin Cheol-ho curiously as he continued the conversation, Nam Woon-myung’s cell phone rang.
“I’ll be back shortly after answering the phone.”
The person who called was Kim Seon-jin, the president of Korea Investment & Securities.
Outside the conference room, Nam Woon-myung received a phone call.
[Director Nam, this is Yoon Se-hyeok, the president of Bukseong Card.]
“Yes, go ahead.”
[I suddenly got a request to trade CFDs. What should I do?]
The intention is to do leveraged trading. Since they are short on funds, they are digging a trap for themselves. What kind of stocks are they planning to buy or sell?
Looking at Chairman Hyeon-Seop, the answer was revealed.
“Would you allow it? Since they are the owner’s family, wouldn’t it be difficult to refuse?”
[That’s true. Could it be that Chairman Hyeon-seop and his family are also in the same position?]
“I don’t think so. Let’s check it out.”
Securities companies communicate with each other. If you use Bukseong Securities, you can easily find out about it, and there are plenty of ways to find out if you use other group securities companies.
[All right.]
“Thank you for the important information.”
After hanging up the phone, Nam Woon-myung immediately sent a message to Shin Cheol-ho.
Shin Chul-ho is better at negotiating with Evely than he is. This guy has a unique talent for gently teasing women.
* * *
Nam Woon-myung signed a contract with Everly.
This is a case of transfer of stocks in Bukseong Chemical Energy owned by KR Investment Group. These stocks include the personal shares of Chairman Hyeon-Seop Hyun, along with stocks that KR Investment Group has acquired.
Of course, this personal stake has a call option attached, so if Chairman Hyeon-seop requests it within the next five years, it must be sold to him first.
Nam Woon-myung predicted that there was absolutely no way Hyun Jae-seop would get these shares back within five years.
In effect, Bukseong Chemical Energy came into his hands.
The contract was as he had instructed Shin Cheol-ho in a message.
He doesn’t know how Shin Chul-ho boiled Evely.
“Thank you for your hard work.”
“What? I told you that I did a great job for Mega Asset Management. I signed all of this after seeing Mr. Shin Chul-ho’s face.”
“thank you.”
There is no reason to reveal the truth in front of a woman who is trying to maintain her pride until the end. As long as you get something out of it, that’s all.
The price of the block deal will be determined by the average stock price over the next 10 business days starting tomorrow.
Avery’s judgment is that there is no reason for the stock price to fall significantly in a civil war unless one side sells.
Avery has added one more safety device here.
Korea Asset Management, Mega Asset Management, or their affiliates were prohibited from trading stocks of Bukseong Chemical Energy for 10 business days. They were also prohibited from issuing related reports through their affiliated securities firms.
It is the intention to cut off any actions that affect the stock price of Bukseong Chemical Energy.
Nam Yun-myeong readily agreed, and thanks to that, the contract was signed.
“You must also inform Representative Yoon.”
“I know. I will not engage in any transactions with Bukseong Chemical Energy.”
Nam Woon-myung gave assurance to Everly, who had been insisting until the end, and Shin Cheol-ho opened his mouth and reassured him.
Everly left the office.
Shin Cheol-ho smacked his lips as he watched her back.
“She’s better than Catherine.”
Oh my, when will this guy’s windiness go away?
Shin Cheol-ho asked as he returned to his seat.
“Fate, but isn’t this a loss for us? KR Investment Group’s financial situation is not good. Everly kept complaining to me.”
Did Everley use a tearful operation on Shin Chul-ho? However, Shin Chul-ho is not as innocent as he looks.
“Have you ever seen me lose? And have you ever lost to a woman?”
“Huh? That’s true. Hehe. I was supposed to go on a date with Evely.”
Anyway, he’s an unstoppable guy.
Is life like Shin Cheol-ho?
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