A few days later, a call came from G Electronics secretary's office to Morgang Tech president's office.
"Is the president of Mokang Tech there?"
"Where are you?"
"This is the G-Electronics Office. My boss wants to talk to Mo Kang-tech."
"Wait a minute."
The secretary ran to the president's office of Mogang Tech.
"Well, sir. This is G Electronics Secretary's Phone. The president of G Electronics wants to talk to you on the phone.”
"Really? Put him on."
The president of Mogang Tech answered the phone with a calm attitude because he had heard from his father.
It was two or three calls.
"I changed my phone. I'm president of Mogang Tech."
"How are you? I'm the president of G Electronics."
"Oh, is that so? Nice to meet you."
"What products are currently produced by Mogang Tech?"
"We produce printed circuit boards, dielectric filters and antennas for semiconductors and smartphones."
"Is the printed circuit board a PCB used for Peking?"
"Yes."
"Oh, then it must have something to do with our company. Then I will send our factory manager tomorrow. Can I see the production facilities?"
"Yes, I'll show you when you come."
"I've heard from you that you have a good relationship with my father and the chairman of Mokang Tech."
"Oh, is that so?"
"Someday I'd like to see my boss, too.”
"Thank you."
The president of Mogang Tech got the impression that the president of G Electronics had a good voice and was gentle.
The person in the picture seemed to remember because he was often mentioned in the media.
The father-to-father age is similar, and the president of G Electronics is also in his early or mid-40s.
The president of Mogang Tech called the plant manager and the head of the research institute.
"The G Electronics factory manager is coming here tomorrow. Please prepare a company chart and a list of production facilities."
"Okay."
"And put some more finished products in the showroom at the entrance of the lab."
"Okay, but I don't know if you want the settlement data, too?"
"Just get ready for now. As a factory manager, I'm going to look at the production facility Kepa more than the settlement data."
"Okay."
Mo Kang-tech CEO also received a call from EMG Asset's Kim Yoon-hwan.
"President? I'm Kim Yun-hwan of EMZ Asset."
"Yes, sir. How have you been?"
"We need to hold a temporary board meeting."
"What? A temporary board meeting?"
Due to internal circumstances, we should dispose of 3.5 million shares of Mogang Tech.”
"What? Where?"
"We haven't signed up for a transfer yet. I'm looking for securities firms or companies in the same industry that will take 3.5 million shares into the current market."
"Oh, is that so?"
"That's why I want a temporary board meeting. Registered directors and non-executive auditors should resign.”
"Oh, I see.”
"Then know that and work hard. Know that I'm a registered director until you hold a temporary board meeting and make sure you report anything big about the company."
"Okay."
[Guys. Do you report anything big?] You're making it public if you sign a supply contract, and you're trying to lose stock. I'll have to hide it for a while if I sign a contract to deliver G Electronics.]
The president of Mogang Tech reported to the chairman.
"We've been contacted by EMG Asset to hold a temporary board meeting."
"You're trying to sell off your remaining shares and get out of the registered board."
"But if those three and a half million more shares get in trouble, that'll be a problem."
"Well. We've increased our stake a lot this time, but we're still the second-largest shareholder, so I think we'll be stressed out if the loud voices come."
"And I spoke to the president of G Electronics."
"Really? Did you get a call? What did he say?"
"I'll send the factory manager. That's why I asked our factory manager to prepare for the company's current status and production facilities."
"Good job."
"Then I'll take care of work."
"Wait!"
The chairman of Mokang Tech called back the president who was about to leave.
"What else is going on?"
"You should go to Seoul right away today."
"Are you in Seoul?"
"I should go to Yeouido, Seoul, and meet Choi Joon-sik, president of J.S. Invest, right away."
"What? The president of J.S.?
"Go and ask if you are willing to take over 3.5 million shares of EMZ Asset."
"Old? 3.5 million shares of EMZ Asset? Come on, you can't do that. If you give 3.5 million won, the stock price is 3,000 won, which is more than 10 billion won. Exactly 10.5 billion. But how would a private equity firm with over 30 billion assets take it over?"
"But talk to me. Tell them to try it if they can take over a million or even half a million shares, even if they can. Choi Joon-sik is not a person who would interfere with management rights. If EMG's remaining shares are transferred to more vicious fund companies or competitors, it's a headache."
"I know CEO Choi Joon-sik is a nice person. Still, given the size of the assets, I don't think it' I'll talk to him first."
I was looking at the economic newspaper at the Yeouido office when I got a call from the president of Mokang Tech.
"How are you? I'm president of Mogang Tech."
"Yes, how are you? By the way, what are you here?”
"Are you going to stay in the office today instead of going anywhere?"
"Yes, I'm not going anywhere today."
"Then I'll leave Anseong now. I'd like you to stay in if you're late because of course.
"But what's the matter?"
"I'll tell you in person."
"Okay, come slowly, even if there's traffic."
I wondered why the president of Mogang Tech rushed to visit me.
[Isn't he asking for a sudden repurchase of the 5th fund of 3 billion won?]]
The president of Mogang Tech had invested 3 billion won in the fund in the last operation.
I called Chang.
"Mogang Tech CEO is coming now."
"Now?"
"I just left Anseong, so I'm asking you to wait even if I'm late because of a traffic jam?”
"What's going on?”
"Well, he says he'll come and tell you."
"What could it be?“
"Isn't he asking you to resell the 5th fund with 3 billion won in it?"
"Well... let's wait. I'll be waiting, too.
"Will you do that?"
"Oh, and the last time we invested 10 billion dollars in the law firm Hwachon, we reported our operating assets, right?”
"Didn't you say 39.2 billion?"
"At that time, I was mistaken that the 5th fund was all there. With 3 billion re-investment from Mogang Tech, the total assets are 42.2 billion."
"Is that so?"
After 5 p.m., employees began to leave work, and lastly around 6 p.m., Kim Hyung-sook, accounting manager, left work.
Deputy General Manager Chang and I waited until 7 p.m. on the Internet, but the CEO of Mokang Tech did not come.
The president of Mogang Tech came around eight o'clock.
"I'm sorry I didn't let you go home..."
I personally took green tea and gave it to the president of Mogang Tech.
"What's the rush?”
"You said you had about 30 billion assets here, right?”
"It's over 40 billion right now. But why?"
"Are you not willing to take over a portion of the 3.5 million shares EMG Asset has? EMG Asset will hand it over to another company or asset manager."
"Why would EMG Asset turn it over? The stock price would be down again right now."
"I didn't know either, but the real owner of EMG Asset is the second son of Group G. It's his order."
"Oh, is that so?"
Me and Zhang spoke as if they had not known.
In fact, however, Chang had already investigated and knew that EMG Asset Oner was the scumbag of Group G.
Chang said.
"Why would we buy it when there are so many better shares? I don't know about the operation, but Morgang Tech isn't going to be a stock to be honest with you know?
"I don't think it's short-term, but it's long-term."
"How? Are you saying we're operating again? Ants don't fall for the second time either. And if you operate often, your company's image gets worse. That company's a stock that's often operating."
"I'm not talking about operations. Now, Mogang Tech doesn't have a bad debts. Your father left the stakes at the company on a short-term loan, didn't he?"
"I know that."
"And the bond mortgage loan from China is supposed to go straight to Vietnam. And we're seeing sales in China and Vietnam at the same time."
"That doesn't count for profit or loss right now, does it?"
I asked.
"But why would EMG Asset suddenly transfer its shares? We're running out of stock."
"I'll be honest with you."
The president of Mogang Tech said after a sip of the green tea I brought him.
"It turns out that the chairman of Group G and my father were friends who had a hard time together when we were young."
"Well, is that so?"
"It seems that the chairman of G Group only recently found out that EMG Asset bought our company shares. So he was furious with the second son of Group G, asking if he was trying to take over his friend's company. I didn't want to be misunderstood by my friend.”
"Maybe so."
"That's why I'm cleaning up all the shares I have. We didn't eat a lot of it, but we've eaten nearly 10 billion, so let's get out of here."
"Hmm."
"I got a call from EMG yesterday to hold a temporary board meeting. He said he would resign as a registered director and auditor."
"So you're saying you're going to sell the remaining 3.5 million shares at a bargain sale since you've sold them for a little bit of fun in the last operation."
"In short, yes."
said Chang.
"Of course, my boss and I are interested in financial investment, not in the management of Mokang Tech. What would you give us if we bought 3.5 million shares even though we don're broke?"
"I'll float the stock price. I'm going to use my skills, not tactics."
"Is that at your disposal? I'm motivated, but the company's performance isn't as good as you'd expect."
"G Group has decided to use our product on G Electronics, perhaps because they feel sorry for this incident. That increases sales."
"Did you sign a contract?"
"Your factory manager said he'd come over tomorrow to check the production facilities."
"Then it's not even contracted. You want me to buy 3.5 million shares when I still have a long way to go?"
Suddenly, the president of Mogang Tech knelt on the floor.
Me and Zhang were surprised.
"Mr. Choi, please trust me and invest. I'm sure I can save the company. And we're going to start a free capital increase as soon as we see our performance."
I raised up the president of Mogang Tech.
"What's wrong with you, much older than me?”
"Please, 3.5 million shares shouldn't fall to competitors or more vicious asset managers."
I was a little embarrassed. I couldn't do this or that.
He glanced at Chang.
Chang also seemed to be agonizing with his arms folded and his eyes closed.
"Mr. Choi! If 3.5 million shares are difficult, please invest at least a million."
"I understand. I understand what Mr. Morgang Tech is saying. We'll talk to each other and get back to you."
"I can't go down until I hear the answer."
"You can't do this. Our company's operating assets are not mine, but customers' money. You have to be careful with your investment. We will contact you by tomorrow morning at the latest."
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