Chapter 70
Chapter 70
Finance and industry are both wings of the economy.
Korea has traditionally had strong industrial capital. Most of the chaebol groups have also grown based on industrial capital.
Since we have been making money through finance, we have had little contact with industrial capital.
However, we do own equity in dozens of domestic and foreign companies. When a certain point comes, you will have to bump into it one way or another.
The problem is timing.
Unless you plan to hold hands with him in the first place, you should finish the preparations before that.
“Are you sleeping, sister?”
At Taek-gyu’s words, Hyun-joo noona opened her eyes, which had been closed for a while. He always looked tired, but today he looks particularly serious.
“Are you okay?”
Hyunjoo noona took off her glasses and rubbed her eyes.
“I hadn’t slept for days because I was taking over the job and learning the job.”
“Didn’t you get some sleep on the plane?”
“I have documents to look at.”
He is truly a workaholic. If it were me, I wouldn’t be able to do it.
Taegyu said.
“I have a lot of money, do I need to suffer like this?”
Thanks to the continued increase in OTK Company’s assets, Hyunjoo’s sister’s assets also exceeded 1 trillion won. No matter how high the branch manager’s salary is, it is nothing compared to the assets he owns.
Hyunjoo noona said it was natural.
“Because it’s what I love to do.”
Although helping us with our work, Hyun Joo noona’s identity is only as a financial person. Isn’t it what noona wants to rise to the top in her own way in the world’s best IB?
“Ah! Did you find a building that could be used as an office?”
“Not yet.”
The problem is that there is money, but there are no items for sale.
If it is a small or medium-sized building, it is rare that a large building worth 100 billion won or more is owned by an individual. Most of them are companies, PEFs, SWFs, etc.
As the economy recovers after the financial crisis, commercial building prices not only in Seoul but also in large cities around the world continue to rise. Therefore, they do not try to sell well unless it is urgently needed.
Hyunjoo noona pointed her finger next to her.
“How about moving into the building next door?”
“The building next door?”
Next to this stands twin towers that look identical to this one. It is also owned by Golden Gate.
“If you have an idea, I will sell it.”
I asked in amazement.
“Can my sister decide?”
“It was decided by the Asia branch manager. It’s still in their possession. I heard about it right before I came.”
In Golden Gate, each branch operates independently. Of course, it is controlled by the head office, but it is characterized by giving the branch manager maximum authority.
“How much?”
“500 billion won. The detailed terms and conditions of the contract will have to be negotiated.”
Taehyung was surprised.
“What is so expensive?”
Hyun-joo’s older sister put a cigarette into her mouth.
“It is difficult to say that it is very cheap, but considering the surrounding market price, it is a reasonable level. Would you like to slap me while you know everything?”
“Isn’t the person you knew originally more terrifying?”
It’s not wrong. So, you have to be extra careful when dealing with people you know.
“Is there any reason to sell it?”
“I needed money to quickly establish a Korean branch. Apart from that, you can think of it as consideration for customers.”
Unlike standardized apartments, buildings have different prices depending on location, site area, number of floors, construction method, and year of construction.
Wouldn’t this size be good enough for this location?
With that in mind, 500 billion won suddenly started to feel very cheap.
If I didn’t have the money, I would have been a little worried, but thanks to the UK, my wallet became thick. You can spend around 500 billion won to buy an office building.
The most important thing is that it’s hard to find something like this in Gangnam.
Currently, K Company has only 15 employees. Even if we hire more staff, one or two floors is sufficient. It is unreasonable to fill the building unless thousands of people are working like Golden Gate.
Wouldn’t it be better to move in the companies with stakes one after the other? Or, you can continue to sell rentals as you do now.
Without thinking for a long time, I nodded my head.
“I will purchase under the name of K Company. Sister, please coordinate the details.”
Hyunjoo noona nodded her head as if she knew that.
“Okay. You’ll have to move into the vacant floor first. The offices we’re moving in now have a lease contract that ends within one year, so we’ll have to send them out one by one.”
Taek-gyu said in a strange way.
“Then are you going to become the owner of our building? The owner of the building above the creator?”
“Yes.”
I heard that this is the first building I live in under the name of the company. It is also the first investment in real assets.
Come to think of it, we have been so indifferent to real estate during that time. Won is good and dollars are good, but real estate has its own charm.
It’s OTK Company Building next to Golden Gate Building…
Isn’t the picture pretty good?
Ellie clapped her hands and said.
“Good for you. If we become neighbors, we can see each other more often.”
Hyunjoo noona just cut it off and said.
“What do you mean? It must be crazy until the Korean branch is established. Ellie, don’t think about going home, work with me.”
“Hey.”
Ellie cried, and we burst into laughter.
* * *
The final exam is over.
Although I hardly studied, I was able to solve the exam roughly with the knowledge I had acquired. When I came out after finishing the exam, I saw Kyung-il and Min-yeong with their juniors.
Kyungil looked at me and said.
“Did you do well on the exam? You know that Ki-hong is coming later, right?”
“You told me a few days ago.”
“We decided to meet at the bar in front of the school by 6 o’clock. Even the economics students are arguing that they will come.”
“Why?”
“Why? That’s when I want to hear about it.”
“Are we talking about that time……?”
“I mean Brexit.”
“Alas.”
K Company did well before that, but after Brexit, it has come to stand shoulder to shoulder with large financial companies.
How many financial companies have equity capital exceeding KRW 5 trillion in Korea?
Thanks to this, the stock price of K Company was rising day by day among the fourth graders. Currently, the first place for foreign job applications is Golden Gate, and the first place for Koreans is K Company.
Minyoung said.
“Today, Ki-hong-senpai shot everyone. Aren’t you curious about Brexit?”
Few people know better than I do what happened that day. What happened at K Company was told many times by Sangyeop senior.
Of course, if you listen to Ki Hong-senpai with your mouth, it will be interesting in its own way.
I was chatting with the kids for a while, and a man in his mid-20s in a suit walked up to me. He was none other than Ki Hong.
“Are you here, sir?”
Senior Ki Hong looked at me and was happy.
“Jinhoo Kang! It’s been a while, man.”
I was also greeted warmly.
“It’s been a while, old man. How are you?”
“Sure.”
During that time, only Sangyeop senior met outside the company, so we didn’t see each other.
As soon as Ki-hong met her, she started boasting about her company.
“Did you know we bought a building in Gangnam this time?”
“Tehran-ro Twin Towers?”
I bought it, so I don’t know.
“right. From now on, that’s K Company’s headquarters. I told you before when the CEO asked me to work together. I’m going to buy a building on Tehran-ro in a few years. That dream came true after a year and a half.”
Minyoung and Kyungil said.
“I saw it on the news. You said it was sold by Golden Gate?”
“Isn’t that very expensive?”
“Hey, it’s the price of gum compared to the money we earned. So, without a loan, I just bought it with cash.”
“·················ogue.”
Anyone who hears it will know that I bought it.
Senior Ki Hong put his hand on my shoulder and said.
“Jinhoo, you should graduate soon and come under me.”
“Am I?”
“Don’t worry about learning. What do you like about seniors? I’ll teach you from one to ten. If you learn from me, you can quickly adapt to the job.”
I said with a smile.
“It’s reassuring to have a senior.”
It’s sincere.
Seeing the employees full of loyalty makes me proud as the owner. I feel like I want to raise my salary.
Senior Ki Hong continued to boast about her company, and a group of students flocked to us.
“Are you Junggi-hong sunbaenim?”
“That’s right, who…?”
Then a male student bowed his head as the representative and said,
“Hello, sir. We are math students. May I follow you? I would like to hear directly from Park Sang-yeop, the senior senior in our mathematics department!”
“Sure. If you and the representative are juniors, they are no different than my juniors. Don’t you know that the Department of Business Administration and the Department of Mathematics are one family?”
Since when?
Wasn’t the Department of Business Administration a Liberal Arts major, and the Department of Mathematics Science?
Senior Ki Hong exclaimed coolly.
“I’m going to buy everything today, so call all the math and kids!”
Mathematics and the kids were in awe of those words.
“Thank you, senior!”
There are dozens of children gathered here alone. If you add the kids who will join us at the bar later, wouldn’t it be over 100?
Was this senior really this tall?
“I don’t think alcohol will be expensive.”
At my words, Senior Ki Hong proudly pulled out her card from her pocket.
“No worries. I heard that I was going to meet my juniors, so the representative gave me a card. This is the K Company corporate card!”
“Wow!”
Unlike the cheering kids, I was astonished inside.
If it’s a corporate card, it’s practically the same as buying with my own money!
Somehow I shouted Suddenly, the desire to raise the salary disappears.
“Let’s go, guys!”
Senior Ki Hong took the lead, and her group of children followed.
“Aren’t you going?”
She turned her head and saw Seon-ah standing there.
She wore skinny jeans that revealed her figure, high-heeled sandals, and a plain white T-shirt, with her long straight hair tied up in a ponytail. Her slender nape and deep clavicle were exposed.
Despite the fact that it was an exam period, it was attractive enough that male students turned their heads once in a while passing by.
I feel it every time I see it, but it’s pretty, it’s really pretty.
It’s strange to think that we were dating for a while.
“Is the exam over?”
“uh. just now.”
“It’s vacation now.”
“Yeah.”
A completely meaningless conversation ensued.
Seon-ah, who looked at senior Ki-hong, turned to me.
“Remember when we met at a drinking party with Ki-hong a while ago?”
“Why?”
Of course I remember That was her first meeting after the breakup.
Seon-ah said in a calm voice.
“What happened after that?”
“······Huh?”
It’s not true when we were dating, but Seon-ah is quick to see her. She easily noticed the little details that others would miss. It was more of an intuition than a judgment that came from rational calculations.
Seon-ah asked the question again.
“What are you hiding?”
I asked instead of answering.
“Why are you curious about that? Whatever happened to me or whatever I hide, it has nothing to do with you, right?”(Read more @ wuxiax.com)
Her expression shook at my words.
“you are······.”
Seon-ah was about to say something, but someone’s voice was heard.
“Senior Jinhoo!”
When she turned her head, Yuri was waving her hand.
Yuri, who approached us in an instant, smiled and said,
“Did you do well on the exam? It’s so good it’s over. If it’s not important, can I borrow Jinhoo-senpai for a while?”
The flow of conversation was broken.
Sun-ah nodded her head.
“Let’s talk later.”
I pretended not to win and was dragged by Yuri’s hand. Did he show up knowingly that I was in a difficult situation?
Thinking so, Yuri asked quickly.
“It’s vacation from today, what are you going to do, senior? Do you have any plans?”
I nodded her head.
“Huh. I decided to go to America with her friend.”
Yuri folded her arms and narrowed her eyes.
“what? Is it real?”
“then.”
Going to America is real.
I’m not going to play.
* * *
The late Junhyung watched her men and women having a conversation outside the classroom window.
Suddenly, I remembered that we met by chance at school.
From then on he got the feeling that something was wrong with him, but he didn’t really care. But still, something worthwhile happened.
A man whose family collapsed before going to the army lives with his friend in a house in Gangnam, and drives a Porsche Panamera.
At the opening party, he put $5 million on the table for the son of Master Chicken’s boss. Afterwards, I heard that the CEO of K Company was a senior in the club, and the two of them were close and helped out.
‘You said you did that because you were a close junior?’
The sound of a passing dog laughing
Taking $5 million out of a bank is not an easy task, even for a chaebol. It was clear that there was something between them.
Initially, K Company started its business as a venture capital. After that, he continued to increase his funds through options on futures.
Park Sang-yeop had an excellent investment sense. He made a lot of money in the derivatives market by winning every shot he took, and he succeeded by betting on the company’s entire fortune at the time of Brexit.
But no matter how much I thought about it, there was something I couldn’t quite understand.
‘How on earth did a person who left school in debt to a loan company financed the investment?’
If he had traded through a domestic brokerage firm, he would have been able to get information through the connection. However, K Company transacted only through Golden Gate, and foreign IBs have strict customer information protection.
My friend’s older sister became the manager of the Asian branch of Golden Gate and became the manager of the Korean branch, and the senior club member established K Company and grew into a huge giant. And K Company transacted through Golden Gate, this time buying a building owned by Golden Gate.
‘Jinhoo Kang, Sangyeop Park, Taekkyu Oh, Hyunjoo Oh, K Company, Golden Gate….’
Just by looking at it, there are a couple of strange things.
What bothers me more than anything else is that Seon-ah is showing interest in him again.
Go Junhyung called somewhere.
“Please find out about the person I am talking to.”
