Linda's words sounded plausible to me.
He folded his arms and put on an expression of thought for a thought face.
Linda Sim said with her head down.
"But there's something to watch out for.”
"What is it?"
"Choi Jun-shik, it would be difficult to buy from J.S. Invest."
"Is it because of insider information?"
"Right. If stock prices suddenly soar by a small number of accounts, they will be suspected by regulators. But what if the buyer is the one who wants to take over A Chemical?”
"You want me to use a borrowed-name account.”
"If it's a small account under borrowed names, you wouldn't know. If the account holder works together, how would the regulator know that? Don't you? You cute old man!"
"You want me to make a borrowed-name account, but multiple accounts?"
"Is the auto parts manufacturer called DAS owned by MB? No?"
"Can you tell me that?"
"If you open up a borrowed-name account and make a deal, if the person in the name has a different mind, then you can claim that the funds belong to you."
"Well, maybe."
The Supreme Court of Korea also ruled that the owner of borrowed-name bank account funds was not the real owner but the owner of the bank account.”
"You know so much.”
Linda Sim said, clenched her right hand's fist and opened it.
"Don't you know that the economic situation of the Republic of Korea is in this hand?"
I just grinned.
Linda's comments continued.
"So if you're going to make a deal on a borrowed-name account, you'll have to open an account in the name of someone you can trust."
I also said, pouring beer into my glass.
"Thank you for telling me good information.”
"In that sense, let's hit our glasses once."
"Chaeng!"
We bumped our glasses together and drank with a smile.
I came home late, so Eun-young said with a sulky face.
"Why are you so late?”
"Oh, I'm sorry! I have a problem taking over a company..."
"Did you have dinner?”
"Yes, I ate.”
"Mom's coming here next week. I'm nine months pregnant, and my mom's gonna come and tell me when the amniotic fluid will burst."
"Oh, yeah? That's great. I'm sorry to your mother-in-law."
"My mom was worried. I was wondering if you would feel uncomfortable if your mom was here.”
"You're saying all sorts of things. I appreciate it. There are plenty of rooms, so tell them to come quickly."
Then I kissed Eunyeong on the cheek and went to the study.
Monday, December 4th.
All gathered in the conference room for coffee time.
The staff were jabbering out their own opinions, but I couldn't hear anything else about the A-chemistry.
I didn't want to be involved in the fund company's investment business, leaving J.S. Investment to Jang when I finished my A. Chemical job.
But the morning-to-morning meetings were always lively and there was a lot of information.
Chung looked at deputy manager Kim Hyung-sook and said,
"Assistant Manager Kim! There's a saying that even 700 million home rental businesses can get 50% off their health insurance premiums. Is that right? I hear you're expanding incentives for rental business registration."
"Oh, I've heard that. It was misrepresented."
"Well, is that so? My father was thinking of doing a home rental business."
It is true that the number of rental homeowners has increased sharply since the Ministry of Land, Infrastructure and Transport introduced a plan to boost rental housing registration last year. The tax benefits have increased it. But starting a rental business now...."
Chang said.
"How much has it increased?"“
"The number of home rental businesses stood at 199,000 in 2016, last year. By the way, this year in 2017, we've seen a sharp increase to 261,000."
"Oops! Then how much has it increased? 60,000 more?"
"It's an increase of 62,000, or 31.2 percent."
"Wow, you've increased a lot.”
"The net increase is 60,000 considering 2,000 people who are not registered."
"It seems like the only thing people with money can do is to rent a house.”
.I wondered if the recent rise in real estate prices was due to the increase in these renters.
I just listened quietly to the staff talking.
Then, at the end of the meeting, I weighed myself and said quietly.
"Chung and Song should take a look at A Chemical's stock trends from today."
"What? A-chemistry? As far as I know, Group A is in a total crisis, so it's not getting any energy."
"If you happen to have volume, please go into the funds of your unique account."
"What information do you have?"
"I'm not sure yet. Just look at the movement of the stock price."
"Okay, but it would be great if Samsung took over A Chemical.”
After the meeting, I came to my room.
A call came from the Virgin Mary in China.
"Mr. Choi? Can I call you?”
"Yes, you can.”
"I sent 10 million won to Choi's personal account. You know, when I was tricked into investing by the guys I was operating on, I borrowed 10 million won? I just sent it."
"Oh, did you?"
"Now I can pay you back the 100 million I borrowed to set up a restaurant here. 100 million won is now pouring in one-year savings accounts here, so don't worry too much."
"Haha, I'm not worried. Am I the one who knows the human protuberance better than anyone else?"
"Thank you. I certainly have a good friend.”
"I'm glad to see you grow up. You grow well in the company and you grow well in the store."
"Thank you. And you've heard about Kang Hyung-suk, haven't you?"
"Kang Hyung-suk news? I don't know. Why? Is there something wrong with her?"
"I heard you passed the second round of the labor exam."
"Oh, he said?"
"If Kang Hyung-suk does well, he will be able to get promoted to section chief this time. He said he'd let the company know if he passed the third test."
"Is there a third test?"
"Sure. There's a third. But it's the third interview, and more than 90% of them passed. Moreover, Kang Hyung-suk was clumsy when he studied at Sillim-dong Goshichon, but not after he worked at the company. He's been talking very well, maybe because he's been a general manager."
"Haha, is that so?"
"I think President Kim Kyo-young and Vice President Han Kwang-jin also saw Kang well. Hyungseok is calm and diligent, right? You're not like me.”
"A vice president said you're doing well, too."
"Haha, is that so? Then I'll call you again next time."
"Yes, work hard.“
I felt good after hanging up the phone.
Kang Hyung-suk has passed the labor history exam, which he has studied so far.
Now it seemed to me that he had the upper hand in the promotion of section chiefs.
In fact, even if I wanted to push him, I couldn't do it without justification.
Kang Hyung-suk said, "We are doing well because we are steadily creating a cause."
Also, it was good to see Yang Sung-mo pay back my 10 million won.
I turned on the computer and opened the HTS.
Then I looked at the trends of A-chemistry.
It was also up more than 3 percent as trading volume increased compared to last week.
The move seemed to be okay, although it is still insignificant.
Of the money in my account, I distributed it to my father and brother Jun-hee's account and transferred it by 10 billion won.
And began to buy A Chemical shares.
While I was looking at the newspaper with a purchase order, Song suddenly jumped into the president's office.
"Mr. President! The volume of Achemistry is suddenly going up.”
I had a feeling that it would be contrary to a transaction using insider information.
So I gave it around.
"It's likely to be short-term movements, so take it short. Don't shout more than 10 billion."
"Okay."
I wanted to block the noise from betting so much money.
I also decided to play with 20 billion won that I deposited in my father's and younger brother Junhee's account.
In the afternoon, the A-chemistry soared to 6 percent and then fell back to the 4 percent range due to selling pressure.
This was a good flow.
Assistant manager Choi Yuna came to my room.
"Mr. President, I think I'll have to pick up Linda Sim and John Midland with my rental car. Linda Sim told the boss that she told him.
"Did you say you were going to Gyeongju?”
"Yes, it's two nights and three days."
"Okay. Have a safe trip."
"I left my work to Hong. Nothing else will happen."
I nodded.
I thought I should give Jang a tip on the issue of acquiring A Chemical.
That's because I can get cooperation if anything happens.
I called Director Chang to my room.
General Manager Chang came to my room and asked first, sitting in a chair.
"What information have you heard about Achemistry?"
"In fact, Group A is moving to sell A Chemical to get out of the liquidity crisis."
"There's a possibility. Right now, Group A is in a liquidity crisis due to the wrong acquisition of K Construction."
"So, by the way, Actually, I think Moellis & Co is interested."
"Really? Hmm... Moellis & Co. is more interested in financial investment than in managing a global private equity fund.”
"I'm sure."
"Well, I think we're going to work with an existing chemical company to pursue mergers and acquisitions as a consortium for management?"
"Why don't we go in together?"
"Old? Us? Oh, boss! It's a big company. Even a consortium would cost hundreds of billions of dollars, so how can we handle it? Also, our manpower is no match. It's different from Pitestech.“
"Why not? It's all human work."
"Mr. President! J.S. Invest Fund now has a small amount of entrusted assets if it excludes G Group Chairman's money. We've made 51 billion won of our own account fund through SillaJen, but it's no good."
"Shall we?"
"That's what Group A is proving, isn't it? You're swallowing a big K construction and then spitting it out. That's with the A-chemistry."
"Hmm."
"With the 51 billion won we have in our own accounts, we'll be able to participate in some of the stakes. And that could lead to a long-term tie-up that can't be addressed when there's another good investment."
I was going to say I was investing 200 billion won with Moellis, but I quit.
This is because the acquisition issue is not yet clear.
"I understand. But whoever takes over, I think there's a sell-off."
"Is that so?"
"I told Song to buy A Chemical within the 10 billion won range, so there won't be much damage if he takes it for a short period of time."
"Okay, but I've heard that Choi Yuna is going to tour the Moelis & Co people from today. I think that's a very good job.
"What do you mean good?”
"If Moellis & Co. is here to pursue a merger and acquisition project, it's good to catch information through acting Choi Yu-na."
"Haha, is that so?"
"It would be very valuable information for us to follow Choi for two nights and three days and figure out how much he's investing in which company he'
"That could be true."
"It's not possible, it's certain information. In fact, maybe we're lucky to have access to global private equity funds like Moellis & Co."
It may be.
It occurred to me that I would never have dreamed of acquiring a conglomerate without Moellis & Co.
Signing a Memorandum of Understanding (MOU)