He is Already a Tycoon at a Young Age! - Chapter 85



Only Krnovel

#085

“Of course. So, Taean Soju Union, just do labor activities. Just fight for the interests of Taean Soju workers and the company. Isn’t that a difficult request?”

“I will discuss this matter in depth with the union executive.”

“Please do so. I also hope that the union is not an organization that moves according to the decisions of one person. And we plan to issue shares of our Taean Soju company at a scale of 25%.”

The reason I can make this decision is because Taean Soju is not very large in scale.

‘The current market capitalization of Taean Soju is around 100 billion.’

Since Taean Group acquired Jinsu Soju and changed its name to Taean Soju, its stock price will skyrocket in the future.

Of course, the reason Taean Soju’s market capitalization has fallen so drastically is because it has been directly affected by the South Korean economic crisis.

“Did you say it was our fortune?”

“Mr. Chairman, you may not know this, but the Korean economy is in a state of absolute crisis. So you should not invest in other investment places without caution. And for the sake of loyalty, you should buy our company stocks.”

“Is it your intention to recoup the acquisition funds by issuing our company’s stocks?”

“Union Chairman, if you look at it with such colored glasses, it will be difficult to talk to me. Taean Soju’s current market capitalization is exactly 100 billion won. If I issue 25% more stocks, I can secure about 25 billion won. As you may know from the news, the amount of money that Pacific Investment Corporation used to acquire Jinsoo Soju and Jinsoo Etc. from Jinsoo Group is 430 billion won. Will I become a bigger conglomerate by recovering 25 billion won? And now, Taean Soju’s stock price will naturally skyrocket. When a company’s stock price rises, major shareholders benefit. I am saying that I will share that profit with the workers. I hope there is no misunderstanding.”

“Oh, I’m sorry.”

“Currently, Taean Soju’s stock price is only 1,000 won per share. I will make Taean Soju the best soju company in Korea and make it worth 100,000 won per share.”

“Choi, the largest shareholder.”

The company with the current market capitalization of 100 billion is Taean Soju.

‘If the market capitalization is inflated by 100 times.’

As a mainstream company, it is a 10 trillion won company. In order to grow into such a company, it would be impossible to do so by only selling soju within South Korea.

‘Focusing on the domestic soju business.’

After the beer business, we plan to move into the whiskey and wine businesses.

Of course, there is also an underlying calculation that larger economies of scale can be achieved by absorbing global mainstream companies through hostile mergers and acquisitions.

‘While making soju.’

We will also make Jeongjong and export it to Japan, or acquire a leading Japanese Jeongjong company.

“My goal is to grow Taean Soju into not just the best soju company in Korea, but the world’s largest liquor company. I want labor and management to work together toward this common goal and share in the profits that will be generated.”

“Okay, I understand. I want to believe in the sincerity of our largest shareholder.”

“You can trust the numbers more than my sincerity. For now, as an emergency manager, I will stop negotiating with the union for the greater good. In fact, after finishing the discussion with the union chairman, I was going to call the head of the development division to start developing new products right away, but I guess I will have to postpone it until tomorrow.”

“Yes, I understand.”

“Union chairman, please monitor management closely.”

“Yes, I understand.”

* * *

The next day, Pacific Investment Finance representative office.

Pacific Investment Corporation has a sub-investment corporation called Pacific Investment Finance. I am the representative of Pacific Investment Corporation.

‘Manager Park Jong-seo.’

Appointed as head of Pacific Investment Finance.

‘He is so far.’

Under my direction, I have been purchasing bad debts held by banks and bad debts held by financial institutions at a price of 3-5%.

During that process, we scouted outstanding figures in the financial world and accurately identified the problems in the Korean financial world.

“Representative Park.”

“Yes, our largest shareholder.”

“Just call me representative.”

“Yes, sir.”

“As I have always said, it is a habit that South Korea will eventually be driven to a state of national bankruptcy.”

“Yes, I am keenly aware of that these days. And as I wrote in last week’s trend report, the insolvency of the five major banks in South Korea is accelerating. Of course, the main cause of the insolvency is the illegal excessive lending by Seungbo Steel.”

A hearing on the Seungbo Group is already underway in the National Assembly.

“I know, so I want to establish consumer finance properly at Pacific Investment Finance.”

“If you say so properly?”

“It’s about establishing a savings bank properly.”

Taean Savings Bank already exists under Pacific Investment Finance.

“You are saying that you will expand the capital of Taean Savings Bank?”

“Yes, we will protect the common people of South Korea from foreign capital together with him. And then, we plan to brainwash the people of South Korea by calling Pacific Investment Finance national capital.”

“You said it was brainwashing, but I guess it’s ultimately a plan to minimize the damage to ordinary people when large Japanese companies advance into the country?”

“It’s for my own benefit. I’m going to take the interest income that the Japanese big companies would otherwise take.”

“Yes, then we will further strengthen the capital of Taean Savings Bank and expand the establishment of branches nationwide.”

“That will do.”

In the future, if South Korea becomes an IMF system, Japanese large corporations will advance into the country and earn huge interest income at high interest rates.

‘Just Leadco*.’

After listing, surprisingly, the stock price hit the upper limit 40 times.

‘It’s literally an operation.’

Since this kind of thing happens often in South Korea, the special associates of conglomerate heads and capitalists are criticized.

“Then I’ll see you next time.”

“Are you going to Taean Soju?”

“Yes, I asked the president of Taean Electronics to find a suitable candidate for the president of Taean Soju. Until then, I plan to maintain the emergency management system.”

“Representative.”

“why?”

“By the way, I guess it’s because I’m getting older these days that soju tastes strong to me.”

Mr. Jongseo Park, who comes up with ideas on my behalf.

“Is soju strong?”

“Yes, I think it would be better if the alcohol content was a bit lower.”

“That’s right.”

I’m thinking of making that too.

“Hahaha, that sounds like a really good business idea.”

At my words, Jongseo Park, head of Pacific Investment Finance, smiled.

* * *

The Blue House Presidential Office.

“Your Majesty, we must sell Seungbo Iron and Steel as soon as possible.”

The chief economic advisor was scratching the president’s itch.

“That’s right.”

“Only then can we break the political deadlock. Since Daehyun Group and Taean Group are showing interest, we can select one of the two groups and have them take over.”

“The chief economic advisor should handle it quietly.”

“Yes, I understand.”

* * *

Taean Soju President’s Office.

Taean Soju has entered emergency management mode as I have stated.

“Let me start with the big news.”

Taean Soju executives are the same ones who came over from Jinsoo Soju. That may be why they are feeling a sense of crisis after the former CEO was fired.

“Yes, our largest shareholder.”

“I plan to not only grow Taean Soju into the number one soju in Korea, but also develop it into the world’s largest liquor company.”

“You said the world’s largest liquor company?”

“We will do that. So, there are limits to the soju business alone. We plan to establish a beer business division as well.”

“So you’re starting a beer business too?”

As soon as I speak, Executive Director Dong-soo Yoon answers, creating a natural atmosphere.

‘It’s A-class.’

It’s not easy to find S-class abilities.

[Jisung-ah.]

[Yes, my great-uncle.]

[It would be good to appoint a CEO from outside, but it would also be good to promote from within.]

[I will also look at the Taean Soju executives.]

[Yes, I will also look into internal personnel recruitment as you instructed.]

In fact, Taean Soju’s new CEO could be scouted from outside, or he could be appointed internally as advised by his great-uncle.

“But, the largest shareholder.”

“Do you have any advice for the beer business?”

“In fact, I often hear that beers produced domestically are bland, so to speak.”

“Is that so?”

I can’t drink alcohol yet.

‘of course.’

Since I am a reincarnation, I know the taste of alcohol.

“Yes, water is the core of the liquor business.”

“water?”

“Yes, so Jeju Island would be a good place to have a beer factory.”

“Jeju Island?”

Jeju Island is an area with a shortage of water.

‘And if we produce beer in Jeju Island.’

Shipping costs are high when shipping to mainland South Korea.

“yes.”

“Isn’t there a water shortage in Jeju Island?”

Of course I know that Jeju Samdasoo is being developed.

‘I guess I should start a bottled water business too.’

Since Taean Soju produces soju and beer, it is okay to produce bottled water. Then, I should sell Jeju Samdasoo as well.

“Jeju Island is short on water, but it has enough groundwater. And the groundwater is less polluted than other regions.”

“That may be true. So, that’s why Director Yoon Dong-soo wants to build a beer factory in Jeju Island and develop groundwater.”

“We are building a beer factory in Jeju Island, but I think it would be better to mine and use deep-sea water rather than groundwater.”

“Deep sea deep water demand?”

It’s amazing.

“Yes, that’s right. And while you’re developing groundwater in Jeju Island, I think it would be a good idea to also pursue a mineral water business.”

“It’s surprising that you’re running a bottled water business at the same time as a beer business. I think it’s a good idea. I especially like the deep-sea deepwater development business.”

“We want to impress upon consumers the image that Taean Soju’s soju and beer are made with the cleanest water anywhere in the world.”

“That’s right. Then, let’s have Executive Director Yoon Dong-soo take charge of the beer business. He should also proceed with the deep-sea deepwater development project and the Jeju groundwater mineral water project.”

“Yes, I understand.”

“And the name of the bottled water brand is Jeju Sammul.”

If you say Jeju Samdasoo, you are stealing the brand name, so I thought it was such a serious theft that I decided to name the water brand Jeju Sammul along with the launch of the Taean Soju Water Division.

“and.”

Anyway, at the same time as starting the beer business, we also started a deep-sea deep-water development project and also started a bottled water business.

‘This is the fun of expanding a business.’

And businesses, like living organisms, must continue to grow.

“Then, let’s now proceed with the meeting regarding the soju business division. Mr. Manager of New Product Development.”

“Yes, our largest shareholder.”

At this executive meeting, the head of the new product development department is also attending at my direction.

“These days, there are many consumers who say that soju is bitter.”

“Soju is originally drunk with a bitter taste.”

The name of the new product development manager is Jang Moon-ho.

‘In terms of research and development capabilities.’

His ability level is A-class.

‘But you can’t hide your true feelings.’

In terms of interpersonal relationships, he is judged to be at the C level.

“Someone once said that the soju you drink while sitting on a dock with shrimp chips as a side dish is the real soju.”