< method="" to="" satisfy="" the="" said="" funds="">
Dyeon America:
$50,000 in cash + $450,000 in cash + $4.5 million in-kind (Equipment) = $5 million
GH Mobile:
$50,000 in cash + $450,000 in cash + $4.5 million in-kind (Factory Land) = $5 million
(The factory building is not included.)
Gun-Ho then showed his agreement to the immediate equipment shipping.
The following day, Gun-Ho received the deposit slip from Dyeon America via fax. After verifying the actual fund deposited in Dyeon Korea's bank account, Gun-Ho transferred GH Mobile's portion of the funds to Dyeon Korea's bank account and gave the deposit slip to Mr. Adam Castler.
It was the day of the building dedication ceremony.
The new factory building looked majestic, and a great pine tree was planted in its yard along with a crepe myrtle tree. The landscape was nicely done.
In the yard, about 200 plastic chairs were placed. A billboard was showing the aerial view of the new factory. Director Yoon, who was wearing a construction uniform, was standing next to the billboard with a stick, which was longer than a cue stick, in his hand. The general affairs director would proceed with the ceremony just like the last building dedication ceremony for the factory in Jiksan Town.
Gun-Ho arrived early at the ceremony venue. The employees, who the general affairs director selected to participate in the ceremony, were leading the guests to their seats. They were wearing their company uniforms with white gloves.
"Our president is here."
"Our president is here."
The employees opened the car door as Gun-Ho parked his car. They showed him to the temporary waiting area in the building. In the waiting area, the female workers were distributing a cup of coffee to the guests.
The general affairs director ran to Gun-Ho and said,
"Sir, you can stay here, and you can just join us once we begin the ceremony."
A female worker at the sales department came to Gun-Ho and put a flower on his chest.
A lot of people started arriving when the ceremony was about to begin. It seemed that there were way more people coming than GH Mobile's building dedication ceremony.
Director Dong-Chan Kim was in the waiting area with Gun-Ho. He said while sipping his coffee,
"I expect to see a lot of government officials and politicians coming today since this is a building dedication ceremony for a joint venture with an American company. They can use the picture they would take here to show the public that they have been making an enormous effort to bring more foreign capital in the community."
Gun-Ho just smiled without saying a word in response to Director Kim's comment.
Director Kim said while looking outside the window,
"Oh, my gosh. I guess we have a tycoon coming to our ceremony. The parking lot is almost full. Sir, I think you'd better go out and see who just came."
Gun-Ho slowly walked out to the factory yard while smiling. The general affairs director introduced Gun-Ho to the visitors.
"This is our president."
"Congratulations. I'm Gil-Do Yi. I'm a congressman."
"Congratulations. I'm the chairman of the Asan City's Business Association."
"Congratulations. I am the chairman of the Chamber of Commerce and Industry in Chungnam Province."
"Congratulations. I'm the Chair of the city council of Asan City."
"Congratulations. I'm the manager of the local economic department of Asan City Hall."
"Congratulations. I'm the branch manager of Asan Bank."
Gun-Ho met with a great number of people that day. He didn't think he would remember all who he had met that day. Everyone who Gun-Ho met with gave their business cards to him. A high-ranking police officer came too.
"Hi, Mr. Chief of Police. Thank you for coming."
Gun-Ho greeted the chief of police of Asan City.
The ceremony started with the general affairs director's voice on the microphone.
"We will now start the joint venture—Dyeon Korea's building dedication ceremony. Ladies and Gentlemen, please have a seat."
Gun-Ho's congratulatory message ensued. He tried to make it short for the sake of the government officials who usually had a very busy schedule. When Gun-Ho wrapped up his speech by stating that he would contribute to the local economy by achieving his exporting goals of 100 million dollars, everyone at the ceremony applauded. Vice President—Mr. Adam Castler—gave his speech as well as he represented Dyeon America. He made it short too. The same interpreter—Mr. Lee—interpreted for the guests. As Mr. Adam Castler made his speech in English, people felt it was really the ceremony for a joint venture with a foreign company.
Chapter end
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