Translator: Khan
Editor: Aelryinth
I lay on the bench and looked at the Wi-Pad . What was on the screen was the company that would be my fourth takeover target .
[Semi-annual Report of Hyun Young Pharmaceutical]
It was a mid-sized pharmaceutical company with a total capital of one billion dollars, listed on the KOSPI in 1985 . However, the semi-annual report was very unfavorable . The financial statements were loaded with red numbers indicating a deficit . Although its operating profit was still ongoing, the expense of the research and development budget was going to be enormous .
'But… that is until this year . ' Joint therapy, which had in development for five years at a cost of hundreds of million dollars, would be approved by the U . S . FDA early next year . It was widely believed that their market capital would be at least double . That widely-accepted theory would come true . I knew that .
'Chairman Shin Jae-eun and his family's stakes are 25 . 4%… If they are roughly converted, that will be about two hundred and fifty million dollars . So I need to have more than that to be recognized by 12 Hours After as a major shareholder… A foreign investment firm, JM Partners, has 9 . 8%, Duri Investment & Securities has 7%, and pensions and funds have 3%…'
We had already talked with JM Partners and Duri Investment & Securities . From the two investment firms, we would buy up their shares with a five percent premium, while the remaining shortfall would be increased with a third party-allocated paid-in capital increase . The only problem was that Chairman Shin Jae-eun was worried about management interference . “I know CEO Han Sang-hoon is a good investor, but we don't want to be under anyone . ”
I understood that . It had been listed for fifty years, in business since the time of the Japanese colonial rule, when it had sold an ointment in Hanyang . If a complete stranger came in here with his money and said, “Hand it over,” they would not hand it over easily . So, we had to sweat quite a bit to explain that we would not touch management and it was just for investment purposes .
However, Chairman Shin Jae-eun held out to the end saying, “I can't believe it . You're going to spend over $300,000,000, and just let it go?”
'Whew! Should we buy it at market price? Shall we fight it out with a real hostile M&A?' We'd been through a crisis like that .
“Look at Kai Games, Blue E&M, and OH Entertainment . We have never touched their management . ” Thanks to Mr . Jang's persistent persuasion, we finally got his consent, “… Let's do it, then . ”
It was a relief . If we had tried to do a hostile M&A, we would have paid at least double the money . If we fought with the collateral of Kai Games, which was running toward a market capital of a billion dollars, we would have won in the end, but only the others caught in between would have gotten good things .
'All right, then, as soon as I take this over, I'll be in the Master Class…'
There was one more good thing about Hyun Young Pharmaceutical; it had another forty-million-dollar subsidiary called Hyun Young Bio Farm on the KOSDAQ . Although it was a small company, it was still a listed company . Hyun Young Bio Farm's major shareholder was Hyun Young Pharmaceutical, and I was Hyun Young Pharmaceutical's major shareholder . Naturally, I became the one who ruled the two companies . This point was clearly approved by the Customer Service .
'Okay, then, this is done . ' I picked up a glass of green mojito from the small podium beside the bench and took a sip . Then, I turned on the MTS .
'Let's see how it's going?' But then, two white hands with red manicures came down on the Wi-Pad .
“Ah…” The moment I was checking, the Wi-Pad disappeared from my hands . As I lifted my head, there stood Lee Ah-young, wearing a red bikini, with her hand on her waist .
“You decided not to work here, oppa . ”
I naturally shifted my eyes to her fantastic figure . Even in plain clothes, she was super glamorous, her body having excellent lines . As she was wearing a bikini, she was a beauty herself . In addition, the emerald beaches spread out in the background, and looking at the seagulls flying around was a gorgeous picture .
She was right . It was not good to be here for summer vacation and think about work . I had to rest when I took a break, and I would be able to work well when I went back to work . I stood up from the bench and said, “Ahh… Yeah . Sorry . ”
She spoke to me with her hands on her waist, “One more time, and it'll be confiscated . ”
She had a slight frown on her face; it was rather cute . I stood up and said, “I got it . I got it . ”
She said, pulling my hand, “Let's go play at the beach, together . ”
I headed for the beach, which was naturally lit up by her gentle touch . This was Hawaii . It was a place with a beautiful view of heaven and earth, and I had fun with Lee Ah-young, who had become my girlfriend here, leaving things off my head . It was simple to explain how she became a girlfriend .
At that time, she had said, “I'll buy you another meal . ” And I had said, “All right, if you don't drink . ” We met again with text messages, ate and talked together, and became more and more friendly . Living right next door, we sometimes visited each other's place, exchanged texts, dated again and again, and ended up like this .
“Oppa, borrow that one, a couple-tube, that will be fun!”
I didn't know it until we got to know each other, but she was a brighter person than I had thought . On purpose, she had a high-handed attitude for strangers . She told me that she was shy and that she was wary of the people she met . She had been arrogant when she wanted to be close to someone .
Well, it was okay . She was good to me anyway, and she was cute and charming . Of course, she was the peak of her appearance and physical beauty, which kept other women out of touch . I jumped into the sea with her, holding a couple-tube .
Above the sky was a warm sun and blue sky, and below was a clear sea where starfish could be seen . The waves went up and down pleasantly . I mumbled, holding Ah-young's hand, “Ha, I think this is heaven . ”
It was true . The place was good, and a person with me was good . I felt as if I was in heaven . I heard her voice in my ears . “Me too, oppa . ”
I walked through Honolulu with pineapple juice in one hand and Lee Ah-young in the other . As a world-class resort, there were plenty of things to see in the city . I looked at it and asked her, “So, what do you want to eat for dinner?” I was pretty hungry after playing in the water all day .
She asked me the other way round, “Oppa, did you happen to see that program? Do you know Gourmet Street, which was broadcast some time ago? The edition in Hawaii?”
I tilted my head . “Well, I think I've heard of it…” I didn't know what it was, because there were so many Mukbangs (eating shows) going on these days .
“It's a delicious restaurant, and it cooks all kinds of fresh seafood in Hawaiian style . ”
“Oh, really?”
Most of the trip schedule had been arranged by her . I had been busy trading and working at the company every day, but she had a lot of time, because it was her vacation . She didn't complain about scheduling the trip by herself .
“Then, I'll arrange all the hotels and restaurants, oppa . ” She loved to choose such things . That fit me well, as I was annoyed with doing such things .
“They mix tuna that they caught up the same day in Hawaii with a special sauce to make Poke . ”
She was very aware of gastronomy and knew what was delicious and so on . If I thought about it, it was fair to say, it was gone now, but when she was a child she was the only heir to Go-young Food . What was surprising was that she was also a glutton . She hid it a little bit for a while, whether she was ashamed of it during the first half of the romance, but she soon revealed it .
“Do you want me to order this one, too? I think you're going to feel it's a little bit short . ”
She ate more than a man, using my excuse . It was amazing to watch her eat a lot, but she didn't gain any weight even though she ate so much . I thought it was important to be born in shape .
She said to me, hopping in place, “It's expected, isn't it?”
'Whatever I eat, it's delicious to eat with her . ' Then, while we were walking toward the restaurant, she paused for a moment . She raised her head and looked from place to place .
“Well, this is it, you see it?”
I said while picking up my cell phone, “What did you say the name of the restaurant was?”
'Turning on Google Maps, I'll know where it is . '
But instead of giving me the name of the restaurant, she approached a lady on the street and asked in perfect native English, “Excuse me, is there a Nicor's Peer 38 around here?”
“Thanks . Bye . ” After chatting with the local lady for a long time, she wrapped her arms around me again .
“Let's go, oppa . We'll be there in a few minutes . ”
I told her, “I envy you . ”
“What?”
“Your fluent English . ”
I heard that she went to America to study, not only in college but also in elementary school . Four years in elementary school, four years in college, eight years in total . When she was in college, she went to America to study art, but when she was in elementary school, she went there to learn English . As she learned it when she was young, her pronunciation was really good .
I helped out with chores at my father's training center at that age . She was born to a rich family, but I was born to a poor family . Now I had more money, but some things would not change for life .
“Well, you'll do well after a few months . ”
I shook my head and said, “Well, is it even possible in a few months?” I'd already tried it in the hope of advancing into the U . S . or abroad in the future .
“I'll teach you . I'll stick around you like this . ”
I said with a slight smile, “Huh… Yeah . ”
I walked down the street with her again . She peeped at the cell phone I was holding . I put my cellphone in my pants, which I had turned on to look for Google Maps earlier . She didn't really like me looking at my cell phone . It was my fault . I kept checking stock prices even after I had come to Hawaii . Although it was a habit of stock investors, I felt sorry about that, too . I thought while putting my cell phone in, 'Well, I made an algorithm to trade automatically, so it'll work, but…'
Before I went on vacation, I had programmed the stocks to be traded automatically without me . Even without me, my computer would buy stocks according to the good news written in my calendar and sell them when they went to a certain price . Of course, it was not as good as doing it myself, so I was giving up about a hundred thousand dollars a day .
I was rich, and Ah-young was rich, too . Therefore, we did not spare any travel expenses from hotel to eating and playing, but in fact, the biggest expense was that I didn't trade the stocks myself . However, I decided to take it . If I did care that much for the money, I wouldn't be able to take a vacation for the rest of my life .
'A hundred-thousand-dollar per day vacation… What an expensive vacation . ' But it was cheap at the price . There were a fancy Honolulu City and an ultimate beauty holding my arm . For this, a hundred thousand dollars every day was cheap at the price .
Chapter end
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