Story of a Big Player from Gangnam-Chapter 828 - Stock Split (1) – Part 1

Chapter 828: Stock Split (1) – Part 1

Gun-Ho gradually purchased Dyeon Korea’s stock at the average price of 26,000 won. He bought almost 200,000 shares this time, and it cost him approximately 5.2 billion won. Even after he spent 5.2 billion won, he still had 5.4 billion won left in Seung-Hee sister’s stock account, but he decided to take a pause there. That was because, if he purchased and held too many shares, the number of Dyeon Korea’s shares available to trade on the stock market would noticeably decrease.

“This should be enough.”

At that point, Gun-Ho reviewed the possibility of Dyeon Korea’s stock split.

Gun-Ho had lately been sitting at his desk in his office doing stock trade every day. Once he decided to take a pause on stock trading, he felt somewhat liberated and relaxed. He stood up and walked toward his sofa, and he sat on it. He then called for his secretary—Ms. Yeon-Soo Oh.

“Please bring me a cup of coffee.”

“Yes, sir.”

Yeon-Soo Oh brought a cup of coffee to Gun-Ho, and Gun-Ho turned on the TV while sitting on the sofa with his legs crossed. He was ready to enjoy his coffee while watching TV. He turned the news on.

[The candidates for the leader of the political party—Gongmyeong Party—have reduced to the final three. The first person of the three final candidates is the former minister who also previously served our country as a member of Congress three times—Mr. Jin-Woo Lee…]

“Hmm, okay, he is one of the final candidates, as expected. The real competition starts now though.”

[The competition among the final three candidates for the Gongmyeong Party’s leader position is expected to be fierce. Each candidate will put their best effort into this competition. The political convention for Gongmyeong Party will be held next month, and the next leader of the party will be elected.]

“Whoever gets elected as the leader of the party will surely expect to run for President. Regardless of the election result, that person will be known widely across the nation.”

Gun-Ho sent a text message to Minister Jin-Woo Lee.

[Congratulations on being on the final list. I sincerely wish that you become the leader of your political party.]

Minister Jin-Woo Lee replied right away with a smiley face.

[Thank you. 🙂 ]

It was Thursday. Gun-Ho was getting ready to go to work in GH Mobile in Jiksan Town, and Dyeon Korea in Asan City.

“I will have an executive meeting at Dyeon Korea today.”

On the way to work in the car, Gun-Ho made a call to Dyeon Korea’s Director Yoon.”

“This is Gun-Ho Goo.”

“Yes, sir. It’s Director Yoon.”

“Did Mr. Director Kim come back from his trip to China?”

“Yes, sir. He came back yesterday.”

“We will have an executive meeting today at 2 pm. Please make an arrangement for it.”

“2 pm today, sir? Okay, I will do that.”

Gun-Ho went to GH Mobile first. It had been a while since he was there last time. When he arrived at the factory, there were several guests, who were wearing business suits at the factory yard, with GH Mobile’s director in the quality control department.

“What is going on here?”

“We are having an external audit today from the production quality certification authority.”

“Hmm, really? Please cooperate with them as much as we can.”

“Yes, sir.”

Gun-Ho went straight up to his office on the second floor that morning without stopping by the production site since the site would be busy because of the visit for the audit.

“Sir, how have you been? It has been a while.”

Secretary Hee-Jeong Park greeted Gun-Ho with a broad smile.

“How are you?”

“Would you like to have a cup of coffee, sir?”

“I will have a cup of green tea instead. Thank you. I already have my morning coffee on the way here at Giheung Rest Area.”

“Yes, sir.”

Once Gun-Ho settled at his desk to start his day, the executive officers came into his office to greet him, one after another.

“It has been a long while, sir. How are you?”

The accounting director and the general affairs director stopped by Gun-Ho’s office after they were informed of his presence, and the chief research officer also came to his office. President Song was busy with visitors that morning, so he swung by the president’s office a while later.

“I’m sorry, sir, that I couldn’t come to see you earlier. The product quality certification authority checked our management, so I had to be there.”

“Did they point out a lot of things that we need to correct?”

“Well, they brought a checklist for things that they needed to look at. So, most of them are questions for any business.”

“How was everything here?”

“The business has been going well as usual, sir. And, I just received a call from Egnopak’s secretary’s office. Egnopak’s president’s mother passed away, sir.”

“Oh, I didn’t know his mother was still alive. She had to be at least 90 years old given Egnopak’s president’s age…”

“She was 96 years old. Her funeral will take place at Seoul National University Bundang Hospital.”

“Well, we need to send a flower wreath to her funeral. Why don’t you send a flower wreath with your name, Mr. President, as the president of GH Mobile? And please have the general affairs department send another flower wreath under my name as the president of Dyeon Korea.”

“Yes, sir. I will make the arrangement.”

“And, how much should we prepare for condolence money…”

“Usually, we have made it 100,000 won for our client or vendor companies in the event of a ceremonial occasion so far, such as weddings, funerals, ancestral rites, etc. But, Egnopak is one of our major client companies, so maybe we should make it more. I’m not sure how much more would be adequate though.”

“Mr. President Song, I think we should make it 200,000 won then. It’s not really about the amount of money, but it’s about showing him our sincerity and care.”

“Understood, sir. I will have the general affairs department take care of it. I will have them prepare an envelope with 200,000 won under my name, and another one with 300,000 won with your name, sir.”

“When are they going to carry the coffin out?”

“It will be the day after tomorrow, in the morning. I have things that I need to take care of tomorrow, so I will pay my visit to the funeral this evening. Dyeon Korea’s Director Kim will probably be there today as well.”

“Well, I will be there the day after tomorrow, in the evening time then.”

Gun-Ho headed out of his office to go to President Jong-Suk Park’s GH Machines. When he walked down to the front entrance, his Bentley was waiting for him. He was almost getting into his car when the general affairs director quickly came close to him.”

“Sir, you need to take this…”

The general affairs director handed a white envelope to Gun-Ho.

“What is this?”

“It’s condolence money for Egnopak’s president’s mother’s funeral.”

“Oh, I see. Thank you.”

Gun-Ho took the envelope with a smile.

When Gun-Ho arrived at GH Machines in Baekseok Agricultural and Industrial Complex in Cheonan City, he heard someone quarreling. When he looked around to find the source of the quarreling sound, he saw President Jong-Suk Park standing with another man. He was arguing with that person. Gun-Ho didn’t want to interrupt Jong-Suk’s business regardless of whatever it was about, so he quietly went to Jong-Suk’s office.

When Gun-Ho settled in GH Machines’ president’s office, the office manager who Gun-Ho had met once before brought a cup of green tea with a smile.

Gun-Ho asked her, “What is going on outside? I saw President Park with someone.”

“He is from one of our vendor companies. They sent us defective products, and Mr. President Park is mad.”

“He didn’t have to quarrel for it.”

After a while, Jong-Suk Park came to his office. He was breathing heavily, still feeling angry.

“You don’t have to be that upset about it, not to mention that you don’t have to quarrel with someone. You can calmly talk with him about the problem.”

“That son of bi*ch sent us defective products and denied the fact. When I told him that I won’t pay him for those defective products, he said he would file a lawsuit against me. That made me very upset. I’m sorry, bro, that you had to see the unpleasant scene.”

“You still have to stay calm. You are the president of this company, and your workers can see your every move. You don’t want them to think that you get upset so easily.”

“Well, I could get more upset. I tried to suppress my anger because of my workers. I would have already kicked his as* if I was my old self.”

“So, did you settle with him?”

“Yeah. We agreed that I pay him only half of the price that I promised.”