<h4>Chapter 115: Presentation to Attract Companies into the Industrial Park – PART 2</h4>
Gun-Ho, Attorney Kim, and Amiel started drinking at the restaurant & bar—Pine in Hannam Town. Their room door was opened and three beautiful youngdies in their 20s entered the room. They were wearing a traditional Korean dress.
“Oh, wonderful!”
“This guy looks so happy to see the youngdies.”
“Who wouldn’t?”
Another youngdy entered the room. She was carrying a Geomungo*. She was the same girl who had joined Gun-Ho’s party when he hade to the bar with Chairman Lee. She seemed to recognize Gun-Ho as well; she nodded her head to Gun-Ho.
Richard Amiel from Lymondell Dyeon craned his neck to get a better view of the girl with a musical instrument.
She started ying music; it was beautiful.
Gun-Ho couldn’t tell which music she was ying, but it was touching his heart. It sounded sad and also fantastical.
Amiel was listening to the music with his eyes closed. Knowing Amiel couldn’t see what Gun-Ho was doing, Gun-Ho looked at Amiel’s business card again closely.
His business card said that he was the president of the exclusive distributor in Japan for Lymondell Dyeon and the president of a subsidiarypany in Asia. The other side of the business card was written in Japanese.
“So, their products in Korea were from Japan?”
Gun-Ho was thinking about it when Attorney Kim tapped his arm.
“Why aren’t you drinking, President Goo? These prettydies poured liquor in your ss already.”
“Sure. I’ll drink.”
When thedy finished ying the Geomungo, Amiel pped loudly and shouted ‘wonderful.’
Thedy sitting next to Amiel told him to drink one more ss of liquor in English. Amiel seemed to be satisfied with the fact that he couldmunicate with thedy in English. He started talking with thedy.
Amiel also talked with thedies who were sitting next to Gun-Ho and who was sitting next to Attorney Kim. They all could speak English, and they all talked in English except Gun-Ho.
Gun-Ho couldn’t say anything in English, so he just sat there and kept drinking.
“I’m the only one here who can’t speak English. It’s embarrassing.”
“Oh, you look upset, sir. You just keep drinking without saying anything.”
Thedy sitting next to Gun-Ho put a crab meat into Gun-Ho’s mouth.
Gun-Ho asked Attorney Kim to drink one more ss of liquor.
“Hey, Attorney Kim. Tell your friend that I used to work in a stic factory and the factory used the products made by Lymondell Dyeon.”
Attorney Kim told Amiel that Gun-Ho used to work in a bigpany where they used the Lymondell Dyeon products and he was now about to start a joint venture with the Chinese provincial government. He added that Gun-Ho and the Chinese government already signed the letter of intent. Attorney Kim seemed to exaggerate a bit, Gun-Ho thought.
“Oh, really?”
Amiel’s eyes widened and he took out Gun-Ho’s business card from his pocket and looked at it again.
“It’s a real estate developmentpany.”
“Yeah. Thispany is known to be apany without debt.”
“Really?”
Amiel looked at Gun-Ho with his arms crossed.
Attorney Kim tried to add fun to the conversation.
“Hey, President Goo. Tell Amiel that you want to operate an exclusive distribution agency of Lymondell Dyeon for the Korean Market.”
Attorney Kim didn’t wait for Gun-Ho’s response and asked Amiel right away.
Amiel seemed to think about it.
Gun-Ho said while giving a ss of liquor to Attorney Kim.
“That’s not my intention.”
“Then what? This could be your opportunity. Lymondell Dyeon doesn’t give the exclusive distribution right to just anyone.”
“There should be apany that imports Lymondell Dyeon products from the distribution agency in Japan. That’s not what I want.”
“What do you want then?”
“I want to produce their products in Korea.”
“What? You want to manufacture their products here?”
“I understand that they won’t share critical technology with us, but I guess I can still operate a chemical nt that produces chemicalpounds.”
When Attorney Kim tried to interpret what Gun-Ho said to Amiel, Gun-Ho stopped him.
“Don’t. If they want to open a nt in Korea, they would select the one that already has experience and ability to do it.”
“What do you mean by ability?”
“Apany that already has a factory to produce chemicalpounds, for example.”
“I see.”
While Gun-Ho and Attorney Kim talked to each other, fortunately, Amiel was also busy in talking with thedy sitting next to him.
“Could you borate on the production of chemicalpounds?”
“I meant that we could bring basic materials from Lymondell Dyeon and process them. For example, we add sticizer, filler, or pigments to the materials and produce the final products.”
“In order to do that, you will need the right equipment and nt, I see.”
“Right.”
“Hmm.”
“However, if you open a factory like that in Korea, you won’t seed.”
“Why is that?”
“Because the Korean market is too small. You have to target China and Asia market to seed.”
“Oh, I see.”
Gun-Ho went on while pouring liquor in Attorney Kim’s ss.
“Do you know what I really want to do? I used to work in a factory. I was a factory worker in a small factory.”
“Hmm.”
“The reason why I run a real estate developmentpany, invest in the stock market, and participate in a joint venture with China to build an industrial park is because I want to open a huge international manufacturingpany in the future.”
“Hmm.”
“I will acquire a manufacturingpany someday. When I do that, please set up a meeting again with Amiel for me.”
“If you open a sizable manufacturingpany, you will have several thousands of employees. Wouldn’t it hard to manage them?”
“I don’t want to manage thepany or employees. I will hire a CEO to do the job and I want to sit back and control thepany behind the scene.”
“Hmm.”
“I believe a chemical nt has to be operated by someone who studied chemicals, and a constructionpany needs to be run by someone who studied civil engineering or architecture. That is a necessary setting in order to maintain a good quality of products or services. I just want to let them do their job and sit back while watching them working and encourage them. I don’t mean to be a big yer in a private loan market or anything like that. I want to be a big yer who controls bigpanies behind the scene.”
“Just like Howard Hughes—the reclusive billionaire?”
“Well, I’m not sure if I can be as sessful as he was.”
“I do admire you, Gun-Ho and I respect you. I’m sure you will be the number one big yer in Gangnam someday. Let’s drink to it.”
The night grewte at the secret bar.
The bar was filled with the melody of Gayageum and the sound of people’sughing. They all had a good time.
It was time to call it a night. Amiel held Gun-Ho’s hand and said,
“Can you meet me sometimes? I want to get to know you and be friends with you. It seems that we can be good friends. You seem to know a lot about the chemical field in addition to the real estate.”
“Sure. Let’s be friends.”
“Come visit me in Tokyo. There are secret bars like this in Tokyo as well. They do y music and dance.”
Attorney Kim pped and said,
“That sounds great. You two seem to get along fine.”
The three men walked out of the bar while staggering. I guess I will have to call for a designated paid driver again.
Gun-Ho went to work the next morning. His head hurt.
It seemed that he drank too muchst night.
Gun-Ho walked out of his office after reviewing and signing the daily report. After he ate a blowfish hangover soup, he went to a sauna. While sitting in a sauna, he thought of a lot of things.
“I currently have 10 billion won worth of Kumho Chemical stock. Should I buy more?”
Gun-Ho closed his eyes while enjoying the rxing feeling in the sauna.
“After I set aside 1.5 billion won for the joint venture from the amount of 8 billion won of the sales proceeds of thend in Gangdong District, I have 6.5 billion won in my bank ount. Should I invest all of them in the Kumho Chemical stock?”
Gun-Ho sshed warm water on his body.
“When there was a sign that the two owner brothers of Kumho Asiana Group were about to fight each other over thepany, many people spected that thepany’s stock price would go up. Little people in the stock market started purchasing their stock ordingly, just like honey bees that are gathered around flowers. However, after two months when they realized the stock’s price didn’t go up much, many little people sold their stock.”
Gun-Ho made his decision.
“I have 6.5 billion won in my bank ount. I will use 5 billion out of it and invest all in the Kumho chemical.”
When Gun-Ho came back to his office, he purchased more stock of Kumho chemical with his 5 billion won.
“Okay, I have now 15 billion won worth of the Kumho Chemical stock. Maybe I can be the major shareholder of Kumho Chemical.”
Gun-Ho decided to give enough time to the stock and enjoy running his business while waiting for the stock price to increase.
“Two brothers will not easily reconcile.”
Gun-Ho smiled.
Note*
Geomungo – A traditional musical instrument of Korea