I pulled back a little.
It was because Linda Sim put her face so close to my face.
"You want me to take over a chaebol affiliate with a debt-to-equity ratio of 400 percent? Why would I take over such a dangerous company? And I don't have any money."
Wouldn't it be cheaper if the debt ratio was high? A company with a low debt ratio, a company with high sales, things like this don't come cheap."
"You don't have to buy it."
"Hey, Mr. Choi! As the Korean saying goes, "Jun-chi is a chaebol." No matter how poor it may be, there are a lot of trillions of companies in chaebol affiliates.”
"I know that.”
"The executive director of Group A I met yesterday was a handsome nobleman. "I studied in the United States, so I knew about Moellis & Co."
"If you went to college in America, you'd know."
Also, many sons of chaebol studied in the U.S.
In the global era, however, he would have had to go to the Ivy League schools in the U.S. to learn the world's trends.
"Group A acquired K Construction, the nation's largest builder. By acquiring this, Group A quickly became one of the top 10 chaebols. But how much money do you have to take over the big one and manage it?”
"I heard you signed a put-back option contract with a financial investor.”
The original meaning of the put-back option is a system in which a listed organizer buys back shares purchased by a general investor through a public offering if they fall below a certain price.
The chairman of Group A promised putback options to financial investors and attracted funds when he ate K Construction.
But now the stock has fallen, and it's gone bad.
I was the one who read three kinds of economic journals in my room every day.
I knew the trends in the business world.
Linda Sim sat cross-legged again.
Words kept pouring out of his red mouth.
"So the creditors agreed with the securities firm to make an open bid soon, and Group A is trying to suspend the offer as the day of the put-back option exercise is coming back. It's a kind of moratorium declaration.”
"Then there's going to be an uncontrollable problem.”
"You can ruin a bee, too. That's a lot of past cases, too.
"So the second-generation managing director of Group A is saying he will sell K Construction to Moelisenko?"
"K Construction is said to be strong in overseas plants. We are always financial investors and not the underwriters. Construction management should be done by a construction company.“
"Then did you call in Mrs. Linda Sim, who has a designated construction company and is dear to you for financial investment?"
Linda Sim said, with her face clasped to my face again.
Group A is dangerous even if it sells the builder. I bought K E&C and got a huge damage. The issue of K construction has already been entrusted to creditors.
"Then what?"
"You'd want to protect Group A, which is shabby even if you shake off the construction. So I'm trying to clean up some of the affiliates. Group A already has more than 20 affiliates, and it doesn't matter how many you shake off."
"Do you mean to cut the tail and live the body?"
"Right. As expected, my lover is smart."
"Lover? Why am I Linda Sim's lover?"
"You even kissed me.”
"Well, that's... "
"But the young managing director of Group A had the gall to recommend me a company with over 400 percent debt."
"That's why you said you couldn'
"Hey, Mr. Choi. Have you ever studied business administration? We can look at the 400 percent debt growth rate, so we can look at it if the growth indicators are good."
"Sales growth rate?"
"The figures that we subtracted from our current sales and then divided it back into our sales figures.”
"I know that. Did that increase in sales come out bad?"
"If it came out well, I would have asked."
"By the way, did the creditors say they would sell K Construction publicly?"
"Why, do you have an idea of that? We have to spend more than 5 trillion won. Choi Joon-sik, the small-time owner of a private equity firm who is a loser, is taking over the chairman of Group A? Ho ho ho ho. A passing cow must be laughing."
"No, I just want to know what to do."
"What do you do? If we sell it, it's a big company, so other chaebol that can't be touched by anyone else will be trying to spit it. You want to have K Construction to diversify your business."
"Wouldn't you hesitate even if it cost a fortune?”
"Who's the creditor? It's the best bank in our country. I'm sure they'll create and sell a bank PEF. Don't you? You naive old man."
"Hmm. Bank PEF... makes sense."
PEF is a private equity fund.
But what Linda Shim said here was a restructuring fund created by banks.
Since it is a bank, it can raise funds for the acquisition by making and selling such products.
"By the way, Mr. Choi. Can I, uh, have a smoke?”
"Stop smoking!"
"Cigarettes are the best way to cool your head. I heard that King Jeongjo, the wise monarch of Joseon, encouraged smoking.”
"Oh, you know a lot."
"Stay right here as long as I can. Okay?"
Then Linda Sim winked with one eye.
Linda Sim came back after a while.
Linda's body smelled like a strong cigarette with a scent of perfume.
Linda Sim said after inhaling the bottled water in front of her.
"That's why I told Group A second-generation A. I told you to sell A Chemical among the affiliates. Group A said it would be difficult if we didn't do that.
"Achemistry? It's a company famous for its annual salary.“
"A Chemical is a surplus company. You said we should sell one of those and save another.“
"Hmm."
Group A should admit its mistake in acquiring K E&C and quickly entrust the sale of K E&C to creditors and sell A Chemical. If you do something wrong, the group could collapse.”
"Is that how it works?"
"That way, you'll be in the top 20 in the business world."
"I think A Chemical has factories in Dangjin and Ulsan. I think there are about 1,000 employees.“
"It's exactly 700. Sales are 1.6 trillion won, and we're making a profit every year, even when we take into account financial costs."
"Is chemical a company that produces plastic raw materials?"
"No, synthetic rubber. It's a company that has a technology agreement with a famous American chemical company."
"Is that so? But I'm not interested in a company that's over the trillion unit. I am a person who had a hard time raising 65 billion won when I bought E Tower building jointly with Woods & Moore. So it's not my place to deal with trillions of companies."
"Is that all human Choi Joon-sik's bowl?"
"Even if the bowl is big, what can I do if I don't have enough cash?"
"What is Samo Fund doing here? Isn't it a company that raises funds by selling funds? Develop a fund product. If you want something like A-chemistry, it's awesome.”
"Are you willing to sell such a good company?"
"Otherwise, I threatened Group A with a lot of trouble. And that's the truth."
"Then what?"
"And now this immature second-generation guy just says he can't do that. By the way, go for about six months. Group A gets tough."
"That's when you're going to change your mind.”
"Then I might hang on to my pant leg, or my skirt."
"Haha, is that so?"
"Hey. Mr. Choi. Opportunities don't come often. It only comes once or twice in a lifetime. I'm not in a hurry yet, so if you think carefully, find me who you miss in your dreams."
"I never missed you in my dreams."
"Is that so? But what's wrong with your face?"
"What was your face like?”
"It's strange! And I have a favor to ask you.”
"Submit?"
"I'll give you a gift. Can you lend me some money? It's because I'm going to spend my money in Korea this time."
Suddenly, when I talked about money, I felt uneasy.
"How much do you need?"
"About $2,000! I need about 2 million won in Korean money.”
"Take a loan card."
"Do you write a loan between us cheaply? I told you I'd give you a present instead.”
"What kind of present do you give?"
"Follow me to my room!"
Then Linda Sim stood up.
I withdrew two million won from an ATM near the hotel.
He prepared 40 copies with 50,000 won bills.
Linda Sim took the lead in walking.
We both came to the entrance where the elevator was.
People glanced at Linda Sim.
Linda Sim, with her sophisticated beauty, was a woman enough to attract public attention, though erotic.
Linda Sim came into the room and gave me the spirits in her shopping bag.
"I'm giving you two million won instead.”
"What kind of brew costs two million won? I don't know if it's 200,000 won! Are you kidding me?”
"Look what brew is."
"Royal Salute!"
"It's a hard liquor to get. If things go well, I brought it to give it to the president of Group A, but I don't think it's necessary.”
"Isn't this for 200,000 won at the liquor department store?"
"Look at the brand. It's 50 years old. 50 years old is over 10 million won!”
"Cheo, 10 million won? Was there such a drink?"
Linda Sim said, with her face on my face again.
"Hoo hoo hoo, you don't know too much. Look on the Internet if you doubt it."
Then Linda Sim suddenly kissed me on the cheek with her red lips.
"Oh, rude!”
I said, wiping the lip print of Linda Sirim off her cheek with my palm.
"I'll have to reciprocate since my aunt gave me a present!"
I put down the bottle and gave Linda Sim a big hugged her.
"I'll make sure of the gift!"
I kissed Linda Siri on her red lips.
Linda Sim groaned, leaning backward.
Linda Sim said, wiping her lips as I let her go after a long kiss.
"Thank you! My darling!"
I came back to my office with a bottle of liquor.
said deputy Hong, whimpering.
"Your clothes smell like perfume."
[Are you caught?]
I quickly went to the bathroom to see if there was a loose mark on my face.
Fortunately, it didn't seem there was there.
But I washed my face with water.
I came to my room and checked SillaJen.
It kept going up.
I closed the HTS window and searched for 50 years of Royal Salute.
"What? The price is 12 million won?"
I was frightened. Well, I was wondering if there was a drink like this. By the way, they said that it was over 10 million won.
The liquor was already famous for being given as a bribe by the late former mayor of Seongnam.
Prosecutors said they even asked for an appraisal of the alcohol when it came out during the house search.
The person who gave the bribe was a real estate agent who tried to get a special sale of the land for business facilities in the Pangyo housing development district.
The 50-year-old Royal Salute is a brew produced only 255 bottles to mark the 50th anniversary of Queen Elizabeth II's accession to the throne in 2003.
Twenty of them were imported into Korea and released for 12 million won.
Since it has a capacity of 720ml, it was an expensive drink that cost 500,000 won for each drink.
Also, it was famous for being a drink that President Park Chung-hee used to drink when he couldn't sleep.
I thought about what to do with this drink.
It was too expensive for me to drink. I couldn't seem to drink.
[Should I give you a father?] My father, who is a commoner, wouldn't like this kind of alcohol. Can I get you your father-in-law? Do you want me to get you my uncle? No. What a waste.]
Thinking so, I suddenly remembered the chairman of Group G.
I thought it would be better to give it to the chairman of Group G, who is close to 80 years old, rather than the chairman of Group A, who is still in his 60s.
Furthermore, I'm making a lot of money by using the money of the chairman of G Group!
I wanted to give this drink to the chairman of Group G before he died.
president's smile