God-Given Investment Genius

21- Seonghan Paper Co., Ltd. (4)

#21. Sunghan Paper Co., Ltd. (4)

President Nam Nam-cheol went back after making several requests not to tell anyone the information that a semiconductor factory would be built.

The reason he told Ji-hyeok about it was because he had already decided to invest and he thought it would cost a lot to get a building permit.

Since Godeok-myeon has now decided to establish a semiconductor plant as a state-supported project, land conversion will not be permitted for the time being, so it was said not to spend money for nothing.

After pondering for a while, Ji-hyeok called Dong-soo outside.

“Dongsu, it seems your mother gave me a big homework assignment.”

Dong-soo, not knowing why, just tilted his head.

“The land my mother left for you seems to be worth a lot of money, but in order to do so, I will have to relocate my mother’s grave elsewhere. If you don’t like it, I’ll give up the Seonghan Restraint business. What would you like me to do?”

“Tongue, brother, what do you mean by that all of a sudden?”

Ji-hyeok, recalling President Jeon-chul’s request not to reveal anything, began to explain in a way that was easy for Dong-soo to understand.

“The price of the land Dongsoo’s mother bought will increase significantly sooner or later. I think they are going to make an announcement in time for the local election, but if that happens, Sunghan Paper will try to solve the situation by selling the land at a high price instead of getting investment from me.”

“Is-is that true, bro?”

“okay. The land in front of you was about 1,000 pyeong, right?”

“Yes, brother.”

“If you even bet on the condition that the cemetery be reburied, you will be able to touch quite a lot of money.”

“ah······.”

Suddenly, Dong-soo’s eyes lit up with tears.

Dong-soo cried and said.

“Hyung-nim, are you my mother… are you my mother…”

“If you don’t want to move your mother’s place, you can leave it as it is. I can give you the money to make by selling 1,000 pyeong.”

Eventually, tears like chicken droppings fell from Dong-soo’s eyes.

“It’s not like that, brother. Keuheuk·······. I knew that my mother gave the land to me and signed a contract for the charnel house. But before he dies in the hospital, he wants me to bury him in the ground without cremation.”

It was only then that Jihyeok was able to properly read Dongsu’s mother’s thoughts.

“Then my mother did. I have to sell it after 10 years, but if I have it in my hand, I will always be bewitched by a woman and sell it out, so even if I put on makeup, do it after 10 years. Keuheuk…”

Dongsoo said while wiping away tears.

“I resented my mother a lot at that time. All that was left behind was the dilapidated shrine and the land, but I thought that if my mother’s oxygen was placed on that land, I would not be able to sell it.”

Jihyeok patted Dongsoo on the back and said.

“My mother was on the four keys of fellow practitioners. If you knew that you would leave without being able to take care of your child with that much spiritual power, where did you just die?”

Ji-hyeok was convinced that Dong-soo’s mother borrowed a divine instrument for her child even at the moment when her vitality was fading.

“Brother, what should I do because I feel sorry for my mother? Because of the ugly child, I can’t even go to my own place…”

Dong-soo, who had been unable to stop crying for a while, calmed down a bit, and Ji-hyeok asked in a serious voice.

“So what would you like me to do? It’s the will of the deceased, so you should follow it, but more than anything else, your decision is important, so you decide. If you want it, I’ll sell it for the highest price, and if not, I’ll keep the place until the end.”

“Brother, I really don’t know what to do.”

Jihyo nodded and said.

“It will not be an easy decision. But you should know this. Right now, it’s a pretty decent place as it’s the only shaded house in the neighborhood, but if the surroundings are developed and the topography changes, mother’s place might become uncomfortable.”

Dongsoo pondered for a moment, then carefully opened his mouth.

“Brother… by any chance…”

“What is it? Say it cool.”

“My mother’s oxygen… can you find a seat in a different place and move it to me? If I don’t have enough money, I’ll sell the shrine and add the remaining money.”

Jihyeok smiled and said.

“why? Do you think I’ll take care of your mother’s house and give you a lot of money?”

“That… that’s not the case, because the land would be expensive if it was a good place…”

“Your brother knows all about that. Now that I know what you mean, I need to look into the will of the president of Sunghan Paper.”

Dong-soo hurriedly opened his mouth as if he had just remembered something.

“Yes, brother. When you said you were investing in Sunghan Paper, what did you look at? They said they didn’t even see the owner…”

“What are you going to do after seeing the order? If the owner is a bad person, your mother must have already kept a distance from you.”

“ah······.”

“Didn’t the CEO of Sunghan Paper help you and your mother a lot?”

“Yes, brother. I’m not feeling well, so I’m recuperating in the countryside, but the man fixed the shrine and helped me a lot. The other kids didn’t even talk to me about being the shaman’s son, but the man called Jisu and me and bought me something delicious.”

“I see. Looking at President Park Seong-han’s contemplation, he is generally a person with little luck in business. Other than being honest, he has no particular strengths to help business.”

“But at the old man’s factory, there was a lot of work and good money….”

“You have quite a bit of wealth luck with a straight bow and a straight nose. But it’s a prize that won’t achieve great wealth because the clown can’t support it. Usually, in this case, there are many cases of benefiting from the ancestors…”

Dong-soo said, widening his eyes as if thinking of something.

“Right, brother. When I started the factory, I heard that a friend of the deceased uncle’s grandfather handed over the factory and customers at a bargain price.”

“Anyway, President Park Seong-han is a prize that slips from a clown who lacks money even before his eyes. I thought that the 20,000 pyeong of land owned by Seonghan Paper would flow to Gwansangdae, so I thought to buy some time and make some money myself. and······.”

As Jihyeok slurred his words, Dongsoo fretted and insisted.

“What else did you see, brother?”

“That friend named Jisoo.”

“Yes, brother. What is the index?”

“It’s rare to have gun eyes. For a man of the old days, having straight and long eyebrows is a reward for passing the manor exam. It was a vision that would greatly succeed as a scholar or researcher. I don’t know about mask packs or anything like that, but if it’s a new product developed by someone like that, there’s a very high probability that it’s not an ordinary item.”

“Then, are you saying that the mask pack will really hit the jackpot like President Jin said?”

Jihyuk smiled and said.

“I don’t know. but······.”

“…”

“I can make that mask pack a hit.”

Dongsu scratched his head and said.

“Then can’t you help me a little bit?”

“There’s nothing that can’t be done… Let’s take a look at those people’s intentions. The answer is not something we have to discuss among ourselves.”

***

President Park Seong-han, whom we met again, had a completely different expression from when Ji-hyeok first talked about investing.

Jihyeok spoke first to CEO Park Seonghan, who was hesitant.

“Have you thought about my offer?”

“Did you mean that you said you would invest 10 billion in the first round?”

“Yes, I heard that the cost of the raw materials needed and the amount needed to have a facility to produce a mask pack developed by your daughter is about that much.”

“Did you ask for a 50% stake?”

“That’s right.”

Park Seong-han said with his forehead slightly raised.

“if······.”

“If you have any other thoughts, feel free to tell me.”

Soon, Park Seong-han said something surprising.

“Are you thinking of taking over our company?”

“Suddenly selling the company… Why did you think that?”

“I’ve been thinking about it for a while. After receiving the investment, we paid our employees, bought raw materials, and built a mask pack production facility… It’s nice to just listen to it, but… there’s nothing left for me or Jisoo right away.”

“When I say that I will invest, it means that I will make a lot of money in the future.”

Park Seong-han shook his head and said.

“My Jisoo was a guy who was very good at studying, but because of the situation at the factory, he couldn’t even properly study the graduate school I wanted to do, and he made me spend all my youth to come into the company and develop a new product. And even if you produce mask packs as you say, where is the guarantee that they will sell well? It will take another few years just to open up the market.”

Ji-hyeok was frustrated by Park Seong-han, who was trying to kick the fortune in front of him.

“President Park, I have a plan to bring it all forward. The price of the 20,000 pyeong of forest land you own will soon rise significantly.”

“In fact, I received an offer to acquire the company elsewhere.”

“yes? Who the hell… Mr. Park, please listen carefully. The land you now possess…”

Seonghan Park interrupted Jihyeok’s words.

“I know. I heard that an Ilsung Electronics semiconductor factory will be built nearby?”

“If you know that, why do you want to hand over the company?”

“There was a person who came to take over our company. Soon, the government and Ilsung Electronics will announce a plan to develop a semiconductor industrial complex and designate the entire Godeok-myeon area as a land transaction restriction zone.”

Jihyuk frowned and said.

“Are you worried that your land will be forcibly expropriated?”

Park Seong-han nodded and said.

“At best, I would give you a little more money at the current market price, but wouldn’t it be better to sell it for 6 billion won now?”

6 billion on the condition of taking on all debts.

It would have been a rather tempting proposal.

Even if the scale is quite large, considering the margin rate, you’ve never had that kind of money in your hands until now…

“Are you really satisfied with that?”

Park Seong-han said with a bitter expression.

“Why don’t you be greedy for me? But isn’t the opponent Ilsung Electronics?”

Ilsung Electronics, a core subsidiary of Ilsung Group, the No. 1 business in Korea.

You may have been afraid to be greedy for having a little land.

However, Ji-hyeok knew that President Park Seong-han’s contemplation was not someone who would be intimidated by such a thing.

“Boss Park. What is the real reason? I am so afraid of Ilsung Electronics, what does it mean to sell the company to me?”

“Actually, I don’t mean to just pass it on. You will have to pay as much money as Ilsung Electronics, but the most important thing is the issue of employment succession for our employees. Ilsung Electronics said that employment succession is absolutely impossible. It seemed that the factory was going to be closed immediately after taking over. so······.”

“So, are you asking me to take over and fight Ilsung Electronics?”

“Didn’t you at least see the potential for a new product made by our Jisoo? It seemed that he would not be the only one who would do land sales.”

Jihyeok stared at Park Seonghan’s face without saying anything.

On Park Seong-han’s face, he felt sorry and ashamed because he seemed to be passing a heavy burden on a man he didn’t even know well because of his stubbornness.

Did he even read the mind of Park Seong-han, who was waiting impatiently?

A cool answer came out of Jihyeok’s mouth.

“great. I take over. Instead, I will acquire a 90% stake for 5 billion won. Excluding those who are nominal shareholders, it would be better for President Park and Ji-soo to hold the remaining 10%.”

“yes?”

Park Seong-han was not even surprised when Ji-hyeok continued to speak.

“As you said, I plan to sell the mask pack developed by Jisoo-yang, but shouldn’t the developer leave? Jisoo-yang should stay at the company for a long time and continue her research. And, later, when the size of the company grows, we will appoint a professional manager, but until then, I hope President Park will take over the representative position. If you do that, I will take responsibility for the employment succession issue.”

As soon as Jihyeok finished speaking, Park Seonghan quickly replied.

“I will. Thank you, Master.”

***

Ji-hyeok, who had signed a verbal contract with Park Seong-han, immediately called Daniel as soon as he left the office.

– Mr. Kang, what are you doing?”

“The situation has become a bit urgent. Sell all of your stocks at the market price.”

– yes? In that case, you should take a loss of at least 10%. You will lose more than 2 billion in amount…

“it’s okay. Please cash it in ASAP.”

– all right. I will dispose of it as soon as the market opens tomorrow.

“Yes, I’m busy, so I’ll hang up first.”

Next, I made a phone call to the president of Jin Nam-cheol.

– Heh heh, I hear your voice often these days. Yeah, what’s going on?

“Last time you said you have wide feet. If you want to buy land in Godeok-myeon, who would be the fastest way to go through it?”

On the other side of the phone, CEO Jin-cheol was silent for a moment.

– Hey, are you listening to me and being greedy?

“That’s not it, old man. Ilsung Electronics is already playing cards and walking around.”

– Hmm… Well, since the announcement is only a few days away, it must be time to move on. There’s one suitable person… but he’s quite expensive. If that’s okay with you, I’ll introduce you.

“I’m begging you, old man.”

– Yes, I’ll send my contact information to this number. But don’t be greedy too much. Those are the ones who can calculate faster than anyone else. Keep in mind that land is always paid for when it is handed over at the right time.

“I will keep that in mind.”

Jihyeok, who finished the phone call with the president of Nancheol, took a moment to catch his breath, and then called Seoyeon for the first time.

– hello? Mr. Jihyeok? What is this? Jihyeok called first.

“The last time you said you would invest in Sunghan Paper, is it still valid?”

– yes? sure. of course. Your boss says you want to invest?

“Unfortunately things have changed a bit. Since I decided to take over Sunghan Paper, I think it will become my own company.”

– yes? really?

“So I think Seoyeon should be a little more active.”

– If it’s actively… how do you mean it?

“Seoyeon’s family should protect our Seonghan Paper.”

– Kek… What, what? Do you know where my family is?

“Luxury goods from head to toe, rich enough to change the color of the car depending on the mood. The daughter of a family that easily lends about 3 billion at the casino. A talented person who graduated from the best university in Korea is working as a secretary for the CEO of an investment company with less than 20 billion in capital. Crucially, Seoyeon’s surname, Jinga. Anyone but a town idiot would guess. 6th in the business world, the youngest daughter of Yuwon Group Chairman Jin Seong-cheol. Isn’t it?”

– ···So what are you asking me to do? I have no influence in the group. When it comes to equity, it means having a small stake in an affiliate.

“You just need to meet the CEO of Yu-Won Harness Semiconductor, which was acquired by Yu-Won Group. If you make a seat, I will take care of the rest.”