107. Gapjil (2)
a few days later
Jo Nam-sik was waiting for Ho-young in the reception room of the Koryo Hotel.
Appointment time is 10 am.
But even though the time was almost up, Hoyeong didn’t even think to show up.
“Is it true that you haven’t arrived yet? Have you checked the parking lot?”
“yes. We were supposed to contact you as soon as the car carrying Mr. Yun Ho-yeong arrives, but there is no contact yet.”
Cho Nam-shik bit his lip.
‘Young man until the end.’
However, Jo Nam-shik could not vent his anger.
Hoyoung left the restaurant a few days ago, and I thought about it until I called the number on his business card.
And there was only one conclusion.
What I regret right now is that I am myself.
‘If only this contract is over, I will use a number somehow.’
That’s why he had no choice but to promise later even while grinding his teeth.
Currently, Jo Nam-sik was in the middle of a fierce competition with his older brother Jo Jung-sik.
For the development of the semiconductor he was in charge of, he needed patent rights for 8-inch wafers and the size of the Anam industry, so he decided that the first step was to conclude a contract.
“president. They said they came in now.”
“Take them right here.”
“yes.”
Jo Nam-sik glanced at his watch to see that it was 10:30.
Yun Ho-yeong was not too late again, ironically.
And at 10 o’clock sharp, Yun Ho-young appeared in the drawing room.
“Hello, boss.”
“Are you here?”
Jo Nam-sik couldn’t help but accept the greeting as Yoon Ho-young bowed his head with a smile.
“ruler. What did you mean by asking to see me?”
Hoyoung said as she sat across from Jo Namshik.
“Is there any other reason? To continue what we talked about at the restaurant last time.”
“okay. Have you thought about it?”
“yes.”
Jo Nam-shik continued with a firm face.
“No matter how much I think about it, I don’t think it will be 700 billion.”
“okay?”
Hoyoung made a slightly unpleasant expression.
“Nothing has changed since then. Did you call me today to make me go nowhere?”
“no. Please listen to me a little longer.”
“Hmm… All right.”
After meeting Hoyeong, Jo Nam-sik kept getting caught up in his tempo, but he didn’t notice.
Jo Nam-sik, who had been treated like a nobleman’s material since he was born, had never been treated the same way he is now treated by Ho-yeong in his entire life.
That’s why he couldn’t handle it properly.
“I will make two suggestions. Let’s start by talking about whether there are any that you would agree to.”
“yes. Let me tell you.”
“The first is asking you to adjust the purchase price.”
“How much?”
“600 billion.”
Hoyoung laughed.
“no. The company policy does not change. There is absolutely no compromise on price.”
Jo Nam-sik nodded as if he knew Ho-young would come out like that.
“All right. Then, the next offer.”
Hoyoung also sat down, correcting his posture, as if interested in what would come out of Cho Nam-shik’s mouth.
“Give me the right to use the technology of the 8-inch wafer, and give me the right to use the facilities of Anam Industries.”
“Hmm···. Aside from wafer technology, isn’t what you’re suggesting that you’re going to use Annam Industries as a subcontractor for Myungsung Electronics?”
“no. It is different from that.”
“What is different?”
“Currently, Anam Industries generates sales of about 300 billion won a year. If you accept my offer this time, I will drive the stock so that sales of 600 billion won will come out in 5 years. And even if there is not that much sales, we will guarantee the profits from 600 billion won.”
Hoyeong narrowed her brows slightly and thought deeply about Jo Namsik’s words before speaking.
“I don’t understand. What is the benefit of Myeongseong Electronics in this way?”
“I am not done yet. Will you listen to the end?”
“yes. Please speak.”
“Instead, allow us to buy the stake in Gaia Investments after five years.”
“Five years from now?”
“yes. you’re right. Instead, the price is set now. We will purchase it for 900 billion won.”
Jo Nam-sik had a serious expression.
Hoyoung must have been interested in Jo Namsik’s proposal, but the frown from a moment ago is gone.
“900 billion. If that contract is concluded, we will have a profit of 500 billion won.”
“you’re right. 5 trillion in 5 years. No matter what investment you make, this level of profit is not easy to come by.”
However, Hoyoung’s expression was not so satisfactory.
“The numbers sound great, but I don’t really like the proposition.”
“under! You don’t like it?”
Jo Nam-shik was dumbfounded.
Even for him, 500 billion was a great amount of money.
However, it was because Ho-yeong seemed to treat 500 billion won really insignificantly.
“It sounds good, 500 billion won, but by simple calculation, it is only a return rate close to 120%. Do you think we won’t be able to double the company’s market cap in five years?”
“The semiconductor market is not that easy to see. I already have close to 10 years of experience. That’s the number that can grow stably when I think about it. If you take that figure lightly, you are really underestimating this market.”
Jo Nam-shik could not hold back his excitement for a moment and made a loud noise.
Hoyoung looked at Namshik Jo with a funny expression and bowed his head.
“I apologize if I sounded disrespectful. sorry.”
Jo Nam-shik was taken aback when Ho-yeong greeted him so politely this time.
He couldn’t figure out which rhythm to play with Hoyeong.
“You should think about the amount of dividends received from sales in the meantime, not just the profit after five years. If you think about that, you will think that my proposal is not so bad.”
After Hoyoung heard Jo Namsik’s words, he thought for a moment before speaking.
“sorry. That would not be an offer.”
“Are you short of money?”
“Nothing like that.”
“Then what the hell is the reason?”
“We don’t want money tied up in one place for five years.”
“after···.”
Jo Nam-sik sighed involuntarily.
He thought today was the hardest of all the negotiations he had ever done.
And when he thought that the negotiations with Hoyeong were gradually going to ruin, the nature that had been suppressed naturally came out and said in a sharp tone.
“Are you here today to say no?”
“haha. That’s not it.”
“Then neither this nor that. What the hell, you can’t talk.”
Hoyoung smiled.
He thought it was enough to push away now.
I thought it was time to pull Jo Nam-sik.
“Actually, I came today to make a proposal that would satisfy the boss to some extent. Before I tell you my proposal, it seemed that way because I was trying to tell you how good the boss made. I apologize once again.”
“What is your suggestion?”
Hoyoung cleared his throat once and opened his mouth.
“As you may not know, Gaia Investment is an American investment corporation.”
“yes. I knew that.”
Of course, Nam-sik Jo was well aware of the fact that it was an American company, as he had roughly investigated Gaia Investment.
“In fact, this time we are preparing a huge investment in our home country. So I am trying to raise as much cash as I can.”
“Then, wouldn’t it be fine to sell the shares of Anam Industries at the price we offer?”
“Unfortunately, as I mentioned earlier, we have decided to bury stocks that do not meet our standards.”
Cho Nam-shik couldn’t overcome his anger and jumped up from his seat and said,
“Then isn’t the story going back to square one after all?”
“no. Please listen to the end.”
“All right.”
Jo Nam-shik sat back down in his seat.
“The purpose of Myungsung Electronics is to obtain the rights to 8-inch wafers at the closest, and isn’t it the goal to have all the facilities and technologies of Anam Industries at a distance?”
“you’re right.”
“Then do you really need to buy all of Gaia’s shares?”
“yes?”
Ho-young continued to speak to Jo Nam-sik, who was a little dumbfounded.
“Our stake is 30%. In addition, the amount we want is 700 billion. Then you buy a 15% stake from us. 350 billion.”
“What can I do with only 15% of the stake?”
“Didn’t you decide to buy a 30% stake from the owner of Anam Industries?”
“That’s right.”
“Then 45% of the total. And if you buy only a 5.1% stake in the stock market, wouldn’t that be enough to get you a 50.1% stake?”
Jo Nam-sik had an expression as if he had been hit in the head by Ho-yeong’s words.
A simple change of thinking.
He looked at Hoyoung again.
Hoyeong opened her mouth again, perhaps conscious of his gaze.
“The first offer you gave me a moment ago is 600 billion won. Even if you buy a 15% stake from us for 350 billion won, you have 250 billion won left. With that money, I don’t think buying 5.1% of the market would be a chore?”
“Then what are you going to do with the remaining 15% stake?”
“We will sell to other companies that show interest in Anam Industries.”
“Are you selling to a company? Or torn to shreds?”
“That I don’t know yet. As long as the price is right, we will sell it anyway.”
“All right.”
Jo Nam-sik nodded at Ho-young’s words.
He briefly wondered if it would make more sense to buy more of the market rather than buying a stake in Gaia Investments.
But he soon withdrew the idea.
No matter how much money you have, you cannot know what variables will arise in the stock market.
The price could suddenly rise and exceed the budget you thought, or you could not buy as many stocks as you wanted because the market was not sold out.
‘About 5.1% will be easily available in the market. Unless someone intentionally interferes.’
Cho Nam-sik thought that even if he spent more money, he should exclude the risk as much as possible.
“All right. We will buy 15%.”
“good. Shall we write the contract then?”
“yes. We will prepare it right away.”
“haha. If you need more shares, please contact me as soon as possible. After you have already disposed of it, you cannot sell it even if you want to sell it.”
“Let me keep that in mind.”
The contract immediately began to be drawn up, and Hoyoung and Jo Namsik each signed the agreement.
“We will move the shares right away. It’s still morning, so I’ll have enough for today.”
“The price will also come within today.”
“All right. Thank you for your hard work today. Thank you for the good deal.”
“Thank you too.”
Hoyoung reached out his hand to Jo Namshik, and Jo Namshik held Hoyeong’s hand.
Unlike Hoyoung, who was grinning, Jo Namshik’s expression was a bit chilly.
.
.
.
that same afternoon.
Nam-sik Cho moved to his seat immediately after the meeting with Ho-yeong in the morning and proceeded with the next meeting.
The main character of the next meeting was Park Byung-jin from Anam Industrial.
As soon as the meeting with Ho-yeong was over, Jo Nam-sik instructed his subordinates to find out what market share in Anam Industry could be purchased, and then headed to the meeting place with Park Byung-jin.
When Cho Nam-sik arrived at the meeting place, he could find Park Byung-jin at his seat even though it was still before the appointment time.
‘Yes, it should be like this.’
Looking at Park Byung-jin, who was sitting there, he was deeply satisfied.
In fact, he was used to this situation.
“You are already with me.”
“Something just happened around me. The boss came out quickly too.”
“I’m on my way right after seeing the previous work, so it’s like that.”
He rarely smiled at work, but Jo Nam-shik was in a good mood and smiled.
“I’m going to have coffee, what would you like to drink?”
“I would like coffee too.”
Jo Nam-sik asked his secretary to order two cups of coffee and sat across from Byeong-jin Park.
“I have more things to take care of today. Can we get straight to the point?”
“All right.”
After hearing Park Byung-jin’s answer, Jo Nam-sik happily pushed the contract prepared by his secretary to Park Byung-jin.
“ruler. So, aren’t we already talking about it? Let’s sign it quickly and move on.”
To Jo Nam-sik, who spoke favorably, Park Byeong-jin hesitated, unable to answer.
“I···. that is.”
“What’s wrong?”
“I think the contract as we talked about last time will be a little difficult.”
“what? What do you mean?”
Park Byung-jin looked at Jo Nam-shik and said.
“There is a place that wants to acquire some of our shares.”
“Isn’t it already over with us?”
“But the difference in the amount is too big… I’m sorry.”
“How much would you like to buy and how much share?”
Park Byung-jin paused for a while before opening his mouth.
“15%. 350 billion. I think the difference of 100 billion is an amount we cannot give up.”
“So we will only pass 15%. Are these small grains?”
“It looks like it will. sorry.”
Jo Nam-sik, who came in with a good mood, couldn’t hide his angry expression after only 5 minutes of coming here.
