He is Already a Tycoon at a Young Age! - Chapter 91



Only Noblemtl

#091

Hong Kong local Gaya Hotel.

When I came to Hong Kong, Kim Eung-soo, the head of the strategic planning office of Pacific Investment Corporation, and the key personnel of the planning office also came to Hong Kong. And they set up a planning analysis office in Hong Kong and started collecting all information and intelligence related to the Chinese IT industry as I instructed.

‘so.’

The entire top-floor suite of the Gaya Hotel, a five-star hotel established locally in Hong Kong, is currently being used by me, Director Kim Eung-soo, and his planning team.

“Sir, this order is in fact no different from finding Mr. Kim in Hanyang.”

“This is the first time Director Kim Eung-soo has said something like that to me.”

“I am reporting the fact that this is reality.”

“If you only report the problems, Director Kim Eung-soo wouldn’t be a shareholder with 1% of Pacific Investment Corporation’s shares, right?”

Along with Director Kim Eung-soo, CEO Han Jun-ho and the early investment managers are also shareholders who received 1% of Pacific Investment Corporation’s stock. Of course, it was paid in the form of stock options, and the condition for exercising the stock options was stipulated in the contract that Pacific Investment Corporation’s asset size would reach 1 trillion dollars, so at first, quite a few people thought it was a joke.

‘but.’

When I first proposed stock options to Director Kim Eung-soo, he trembled all over. And he showed a look in his eyes that said it could be possible. That is why he has devoted his soul to the growth of Pacific Investment Corporation.

“Yes, that’s why I suggest you use a broker.”

“Using a broker?”

“Yes, we would like to provide a reward to anyone who recommends a Chinese IT company or IT engineer. In addition, we would like to hold an IT-related startup fair in Hong Kong and Tier 1 cities in China.”

“I think it’s a good idea. I think connections are important everywhere, but China is particularly bad at it because of something called guanxi, so I think it’ll help a lot.”

In fact, in China, it is common for people from the same region to form networks.

‘Historically, that’s how it’s been.’

Even if you look at the Romance of the Three Kingdoms, there is Guan Yu from a certain region, Zhang Fei from a certain place, etc.

“Let’s proceed right away.”

“Okay, let’s do that. Let’s start from Shenzhen City, a first-province city in the People’s Republic of China.”

“From the advanced countries?”

“Because Qianjin is currently growing into the center of China’s IT industry.”

The reason I want to start an IT-related startup fair in Shenzhen is, of course, because Ma Huateng lives there as an IT engineer.

“Yes, I will proceed right away.”

“And the Chief Secretary.”

“Yes, sir.”

“Now that I’m in Hong Kong, I’d like to tour the Great Wall of China in the Beijing area.”

“I will check it right away.”

Why are we suddenly going to tour the Great Wall of China in the Beijing area?

‘If my memory serves me right.’

Jack Ma, who will later be called the ‘Golden Monkey’, must be a tour guide on the Great Wall of China right now.

‘We met as if by fate.’

I plan to steal his future. Of course, it is his future and it will be Softbank’s luck.

“By the way, how is Taean Telecom’s expansion into Japan and India going?”

Taean Telecom is focusing on its overseas expansion business.

[Through Youngsilup, we will promote Taean Telecom’s advancement into Bangladesh.]

At some point, Youngsilup began to collude with the Bangladeshi powers.

In developing countries, bribery is more effective than law.

[Okay, when Taean Telecom Bangladesh Division arrives in Bangladesh, I will arrange for a meeting with the Bangladeshi Minister of Home Affairs and the Minister of Industry.]

Uncle Park Hyuk is now a famous person in Bangladesh.

[And uncle.]

[Do you have any further instructions?]

[I wish my uncle could meet the Bangladesh Tourism Minister.]

[Why the Minister of Tourism?]

[As an uncle, I should help my sister-in-law with her business.]

[Gaya Hotel is expanding into Bangladesh? Bangladesh is a poor country.]

[Uncle, even if the country is poor, there are many rich people. The more underdeveloped a country is, the greater the gap between the rich and the poor. So there are many people who will spend money. Lastly, Gaya Hotel is planning to enter the casino business.]

[Casino business?]

[Yes, we will first build casino hotels in Southeast Asia, starting with Bangladesh, where my uncle has influence.]

[Jisung, to secure that, you have to give something to the Bangladeshi government and the powers that be who love bribery.]

[First, I want to give them the absolute support of the Bangladeshi people.]

[What does that mean?]

[Taean Pharmaceutical is in the process of transferring technology, excluding special drugs, through an agreement with Pfizer Pharmaceuticals. Bangladesh is a poor country, so there are no restrictions on the production of generic drugs. However, there is no need to produce generic drugs anymore, as Taeean Pharmaceutical will establish a pharmaceutical company and build a factory in Bangladesh together with Youngsil Industry.]

Youngsilup has already brought a breath of fresh air to Bangladesh through its garment and garment businesses. Perhaps that is why many Bangladeshis consider Youngsilup, a foreign company, as a domestic company.

[Are you saying that you want to dominate the pharmaceutical industry in Southeast Asia using Bangladesh as a bridgehead?]

[Yes, I intend to give the profits from the slot machines installed in the casino hotel as a practical bribe.]

[Slot machine profits?]

[To put it simply, it means giving all the profits from several slot machines to an eighth cousin of the Minister of Tourism. Of course, it will be done in the form of investment in slot machines.]

[I know what you mean. I will do as you instruct.]

Anyway, although Bangladesh is not a Southeast Asian country, we plan to start a casino hotel business in Bangladesh and then move north like a typhoon to the Philippines, which is developing into the center of Southeast Asian casino business, and also to Thailand.

‘Gambling is prohibited in Thailand.’

In the event of a financial crisis in Southeast Asia, some casino businesses may be approved, if only to secure foreign funds.

‘I must meet the King of Thailand.’

And when you meet the King of Thailand, you have to bow down before him in a strange posture.

‘The Philippines, Thailand, Vietnam and Cambodia and the final destination.’

Of course, Macau.

The Communist Party of China has instructed the development of a facial recognition program that is essential for the People’s Republic of China to secure casino licenses in Macau.

‘Exchange.’

That would make the Chinese Communist Party leaders drool like starving dogs. Of course, it would be a bit of a shame for the Chinese people.

“First of all, with the help of Youngsilup, Taean Telecom has secured the telecommunication business license in Bangladesh. Along with that, we have started installing base stations and are in the process of installing internet base stations along with mobile phone base stations.”

Bangladesh telecom business is bound to be smooth sailing.

“What about the situation in Japan?”

“We are focusing on expanding base stations, using a low-price strategy, and launching a joint product that bundles internet and mobile phones, and are competing with SoftBank.”

There are already many famous telecommunication companies in Japan. So Taean Telecom is a latecomer.

‘The situation is a bit different from Bangladesh.’

So, more capital, if not massive capital, must be invested.

“And as the CEO instructed, Taean Telecom is pushing forward with its business with the goal of making calls possible anywhere in Japan.”

“Yes, that’s right. Japan has a lot of natural disasters. So we need to make it possible to make phone calls anywhere, any time, any place.”

Japan is the country of earthquakes and tsunamis.

“Yes, that’s right.”

“And India?”

India later became a more populous country than China.

‘and.’

It becomes a country more abnormal than China.

‘If China were a green chili pepper.’

India’s abnormality is probably the world’s hottest pepper, Pepper X.

‘A country where most of the people can never become middle class.’

But India will become a great power. And it will become a country where the number of truly rich people will increase dramatically.

‘India is also a country without bribes.’

It’s a difficult country to do business in.

“India has now completed the incorporation of its telecom sector.”

The important thing here is now.

“Just as the CEO said during the meeting to advance into India, India is the country that drives overseas businessmen crazy.”

“But is there any country that will have as many telecom subscribers as China?”

“Yes.”

Anyway, Taean Telecom is focusing on overseas business as soon as it becomes the number one telecommunications company in Korea.

“Please have the Chief Secretary receive reports from the Telecom Overseas Business Department every week and submit the reports to me.”

“Yes, I understand.”

Of course, the Chief of Staff will report to me, but the analysis will be conducted by Director Kim Eung-soo of the Strategy Planning Office and his direct staff.

* * *

The office of Japan’s SoftBank Chairman Son.

“Taean Telecom’s expansion is threatening.”

SoftBank Chairman Son nodded at the reporter’s report.

“They are unnecessarily building base stations in mountainous areas of Hokkaido.”

“To the mountainous areas of Hokkaido?”

“Yes, Taean Telecom is currently advertising through TV and newspaper advertisements that calls can be made anywhere and under any circumstances.”

“That’s possible in Japan, a country with many mountainous regions? That’s just hype.”

“However, Taean Telecom Japan has installed a communication base station in the mountainous region of Hokkaido, just as I reported. Although there are only about 50 residents in that area, all of them changed their telecommunications service provider to Taean Telecom after the installation of the communication base station. Mr. Chairman, I don’t think that is something to be taken lightly.”

“That’s right. If you make fun of your enemy, you’ll suffer greatly.”

“And this is a TV commercial currently being run by Taean Telecom, a South Korean company.”

When the reporter turned on the TV with the remote control, the recorded advertisement started playing.

In the commercial, there is a boat floating in the vast ocean, and inside the boat, a Japanese chef is shouting while holding a delivery bag.

-The person who ordered Mizusawa udon-!

“Ha, that’s funny.”

“Taean Telecom claims that calls are possible even in the vast ocean. In addition, surprisingly and absurdly, they are installing communication base stations and internet base stations on uninhabited islands off the coast of Japan. Thanks to this, calls are gradually becoming possible.”

“Isn’t the holding company of Taean Telecom a company called Pacific Investment Corporation?”

“Yes, that’s right.”

“It looks like money is rotten and overflowing. It’s threatening, because the power of big capital can create situations that go beyond imagination.”

“Yes, and they are also securing consumers with a low-price strategy. Compared to ours, their telecommunications rates are 30% lower. That’s why their market share is increasing rapidly. This concludes my report on Taean Telecom.”

Anyway, among the Japanese telecommunications companies, the first one to be wary of Taean Telecom’s expansion was Softbank.

In the future, SoftBank and Taean Telecom Japan will compete fiercely in the telecommunications business.

The same will be true in the investment sector, with Ji-sung taking advantage of the fortunes of the Softbank chairman.