Around lunchtime the next day, Deputy Manager Chung came to my room.
"Korean Air also disposed of the remaining 20 percent. Korean Air doesn't even have a week."
"Well done."
"Disposing at a unit price of 32,000 won now has 18.4 billion dollars in unique account assets, off commission."
"We had a unit price of 22,000 won, right?”
"Yes."
"You've made a lot of unique assets, starting from the first 2 billion. We all had a lot of hard work, including Mr. Chung, Mr. Song, and Mr. Chang."
"No, sir. Your efforts are the biggest."
"Let's wait for the next investment. I haven't noticed anything like this yet."
"But I... Since Korean Air has sold out, how about having a Samgyetang party with employees today? The female staff wants me to buy samgyetang."
"Really? Let's go, but don't talk too much about your own account in front of Kim Hyung-sook or Hong Ji-young, who don't have any shares."
"Okay."
"Then wait ten minutes. There's something I need to check."
"Okay."
After Chung left my room, I quickly calculated my share of the unique account.
"You said it was 18.4 billion won in cash, right? My share of the unique account is 78%, so how much money do I have? It's 14.352 billion won.”
If J.S. Invest was disbanded, the amount of money I could find would be 14.35 billion won.
Next I looked at SillaJen.
SillaJen was playing around 20,000 won after eating the warning.
"I'm proud of you! Oh, I'm admirable. It doesn't fall further from the 20,000 won level."
I thought SillaJen would rebound after early July when the warning was lifted.
In addition, if clinical progress is reported, energy will explode once again.
I went to Samgyetang house with my staff.
Chang said, smacking his lips.
"I prefer boshin tang to samgyetang..."
said Hong, with his eyes glaring.
"Oh, barbarian!
"Assistant Manager Hong, try boshin-tang, too. How good is it? It's also good for beauty!"
"Eat up, Director!"
Song said with a smile.
"Why did you sit close to Hong when he and Hong are far apart? Please sit apart."
"Why do I have a hard time with Hong? How much I love deputy Hong."
"Hung!"
Assistant manager Hong snorted.
Assistant manager Choi Yu-na asked Jeong.
"Chung, how much has your unique account increased?"
Chung glanced at me and said,
"I'll tell you when I get up to lunch."
In front of Assistant Manager Kim Hyung-sook and Assistant Manager Hong, the story of the unique account came out and I changed my words.
We talked about something else.
"How's your lime asset management going?”
Chang said, tearing off the chicken legs.
"It's a low-interest period, so if you leave your money with the bank, you'll only get 1 percent annual interest. By the way, since you promise 5% per annum and 8% per annum, won't the money be wasted? Lime funds are very popular right now."
"Then it must have swollen a lot."
Furthermore, we are doing well in attracting investors because we are selling funds with Shinhan Investment Corp. It's an asset management company that needs to be noticed."
Song, who was next to him, looked at Jang and said,
"NH Investment & Securities launched the P2P fund, which has set a target return of 12 percent. Of course, it's going to be less if we calculate the operating pay."
"It's a target rate of return. It's a wishful thinking. But where do you say you're going to join hands?"
"We're working in partnership with Pitestech, or Fidelis Asset Management."
I was surprised to hear the sound of Pitestech, but I laughed bitterly when I heard the sound of Fidelis again.
"How much is the investment?”
"It's over 100 million won."
The female employees pricked up their ears and heard Chang and Song speaking.
I came up from lunch and was sitting on the chair in the president's office, and Mr. Hong made coffee and came in.
"Thank you. I can make my own coffee..."
"Hohoho, this is the service for you to buy me samgyetang today."
I looked at the window and drank coffee leisurely.
I connected my headphones to my smartphone and drank while listening to music.
There's a phone call.
It was Lee Won-kyu, a real estate agent.
"It's me, sir. This is Lee Won-kyu."
"Yes, how have you been?"
"Did you have lunch?"
"Yes, I just did it with my staff."
"Mr. President, apartment sales are drying up in Gangnam right now. I'm going up after one night's sleep."
"He said yes.”
"Mr. President, if you have money, it's still not too late, so would you like to catch any more now?"
"I don't do it anymore. If you buy any more, it's hard to manage."
"I'll help you manage."
"No thanks."
"Then at least recommend it to your employees. I'm telling you to bring in young people's souls. I'm sure there will be government regulations if the real estate continues to rise. Make sure you hold it in there."
"I think there was something about the real estate measures last week?"
"Oh, that? The real estate measures that came out on June 19?"
"Yes, that's right. I think it came out last Monday."
"I'm aigo. That's not a big deal. It's the first real estate measure announced under the new government, and it's a light measure."
"You seemed pretty powerful, didn't you?"
"It's an expansion of the adjustment area, a resale restriction, a home mortgage ratio (LTV) restriction, and a reinforcement of reconstruction, but it doesn't work."
"Really?"
"LTV is lowered from 70 percent to 60 percent, but there are a lot of people in Gangnam who pack their bags. The bank's lending you 700 million won means you're lending 600 million won, and that doesn'
"Really?"
"People living in apartments in Gangnam can't afford to buy them because they don't have 100 million or 200 million."
"That's true."
"And the reconstruction also allows only one house to be allowed, and the real estate goes up again because the supply of reconstruction is low. Tell the staff to keep them."
"Staff members don't even have money to buy apartments in Gangnam.”
"It doesn't have to be Gangnam. Tell them to hold it before they come up with a stronger measures. I'm not exactly like this because of the real estate commission.
"Thanks for what you said."
I hung up and thought about it.
"What? You want the employees to buy a house? A house or two? There should be more than a billion. What kind of money is Kim Hyung-sook and what kind of money is Hong Ji-young? Even if we get 100 million won a year, if we take off taxes and four major insurances, we'll get very little."
I thought it would be difficult to save 5 million won a month if I took off taxes and living expenses from the salaries that my employees receive.
Our employees must be high-income earners in Korea. Still, I thought it would not be easy to raise 50 million won a year.
However, I wondered how I could buy a house worth more than 1 billion won.
Then an idea popped into my mind.
I thought it would be better to lend money to the company for a while as much as the shares in the unique account.
I've decided to look into the current status of my employees.
I called in Assistant Manager Hong to bring in the personnel records of the staff.
The personnel records included a copy of the employee's resident registration.
I got the address.
Jang's address was Shindaebang-dong Woosung apartment.
Jeong's resident registration was made up of Jamsil apartment where his parents lived, but his current residence was supposed to be living in a two-room apartment in Dangsan-dong.
Song was supposed to be living with his parents in Samsung Ramian in Singil-dong.
Choi Yu-na was living in an officetel in Yeouido because she was from the U.S., while Kim Hyung-sook was said to live in a villa in Siheung-dong, Geumcheon-gu.
Hong Ji-young was living with her parents at Kumho Apartment in Eungam-dong. Come to think of it, everyone was living in an apartment except Assistant Manager Kim Hyung-sook.
"Not like me.”
All of the employees were graduates of good universities in Seoul, so they were living in apartments except for Assistant Manager Kim Hyung-sook.
No one came from an old town town like me.
When I was in high school, the employees were assigned to Oh Dong-min, the son of a civil servant, or Lee Soo-chul, the son of a paper company factory manager.
Of course, I went to a much better prestigious university than Oh Dong-min or Lee Soo-chul.
I decided to call in the staff one by one for an interview.
First, he called in Jang, the chief of the office's military discipline.
"Did you call?"
"Take a seat there."
General Manager Chang sat on a chair.
"I'd like to discuss some unique accounts that sold Korean Air shares this time."
"You're going to pick up a new stock again?”
"Why don't you slow down buying back the stock and let your employees borrow money from within their equity to buy an apartment?"
"What? What?"
Chang suddenly glistened his eyes and pulled the chair forward.
"The high-yield account has now risen to 18.4 billion won by selling Korean Air. The director has a 10 percent stake, which means 1.84 billion won. I'm saying the company should lend you money and buy a better apartment."
"Yes?"
"Because apartment prices go up day by day. Lee Won-kyu, who you know well, said he regretted not buying an apartment now."
Jang smiled with a smile. But he shook his head from side to side.
"I like the idea, but I'm against it.
"Why?"
It`s not easy to make 100 million won a year for employees just with the funds they have deposited. If we can't make up for it after the end of the year, we can fill it up with what's called a unique account."
"Well, maybe."
"But if we lend this money to our employees, it will reduce our operating assets."
"Then, even if you don't lend me 100 percent of your shares, why don't you lend me at least 50 percent and let me buy you a house? Of course, it's not because they don't have a home, it's just that you should increase your chances."
"I just admire your consideration for the employees. I don't have a boss who cares about his employees this much."
Chang's words seemed a little quivering.
It seemed really moving.
"It's worth a try if it's within the 50% range of its shares. Actually, I'm worried that real estate keeps going up.“
"You live in Sindaebang-dong now, don't you?"”
"Yes, I have lived in Woosung Apartment in Sindaebang-dong for a long time. I've been working for a long time at the Sillim branch of the securities firm, and I'm living nearby."
"I know the apartment. It's been a while since it's been built.
"I graduated from Chonnam National University in Gwangju, came to Seoul after being discharged from ROTC, and lived in this house after 5 years of marriage. Of course, my parents helped me. It's going to be about 500 million right now."
I nodded.
It was because I had experience working in the neighborhood when I was working as a delivery worker. It is an old apartment now, but it was a dream apartment for me at that time.
"Your parents aren't in Seoul, are they?"
"My parents had an orchard in Imgok, next to Gwangju, so I had a meal. Now he's disposing of the orchard and living in an apartment in downtown Gwangju."
I put out my head and said in a low voice.
"How do you do it, General Manager Chang! I'll lend you 50 percent of the shares, so why don't you take this opportunity to increase your house to a better place?"
"Well, I'd appreciate that.”
Jang looked so happy that he couldn't help it.
an unconventional proposal