Story of a Big Player from Gangnam - Chapter 802

Chapter 802: Night in Shanghai City (1) – Part 1

Gun-Ho called for Ms. Assistant Manager Kim from the accounting department, who was in charge of the matters related to the company shares.

“You wanted to see me, sir?”

Assistant Manager Kim was not someone who Gun-Ho usually called for because if he needed someone to talk to regarding any accounting matters, he would talk with the accounting manager or director. Ms. Assistant Manager Kim looked very nervous when she entered Gun-Ho’s office.

“I was informed that you are having a hard time at work, Ms. Assistant Manager Kim.”

“Yes, sir. I’ve been getting numerous calls every day.”

“Those people are probably experiencing losing money because our stock price has constantly dropped. They are just looking for someone to vent their anger on. Whenever you receive a call like that, just tell them that the company is doing just fine as usual.”

“Yes, sir. I’ve been telling them as such so far.”

“And, I want you to get the same training that Ms. Accounting Manager Myeong-Sook Jo took, which is being provided by KOSDAQ Listed Companies Association.”

“I’ve already taken that training, sir. Mr. Internal Auditor previously instructed me to take it.”

“That’s good. Well, then you know what to do with the public notification requirement. You will be instructed by either Mr. Internal Auditor or myself when it’s time to make a notification to the public.”

“Understood, sir.”

“We’ve already published our first half-year’s financial documents after our company became a public company, haven’t we?”

“We have, sir.”

“We have to publish our financial documents for the third quarter period as well. Do we have the documents ready?”

“We are still waiting for a few necessary data for it, sir.”

“Just get the third quarter period’s financial documents ready, and publish them when you hear from me. And, if you receive more calls from public investors, try to be kind to them, and tell them that there is nothing for them to worry about because our business is doing just fine as always. If they ask you a complicated question, you can just tell them that you don’t know.”

“Yes, sir.”

“As you know, Ms. Assistant Manager Kim, our company is doing well.”

“I know that, sir.”

“How long have you been with us at the accounting department?”

“I have worked at the department for four years, sir.”

“Keep up the good work. Whenever you see an opportunity to receive a training on accounting or finance, take it as much as you can. I will talk to Mr. Internal Auditor about it, and our company will fully support any relevant training for your position.”

“Thank you, sir.”

It occurred to Gun-Ho that he should do something about the situation that Dyeon Korea was experiencing with its stock price. The stock manipulators were obviously making the stock price too low intentionally.

Gun-Ho was ready to go home after work. On the way out of his office, Gun-Ho said to Secretary Seon-Hye Yee as he gave one gift card to her, “I’m leaving for today.”

“Have a good evening, sir. Thank you.”

Secretary Seon-Hye Yee gave a deeper bow to Gun-Ho than her usual days. She must feel appreciative of the unexpected gift from Gun-Ho.

It was Tuesday.

Gun-Ho went to work in GH Building, Sinsa Town. The first thing that he did when he arrived at his office was to turn on his computer at his desk and open the stock trading application.

“These jerks are still trying to lower the stock price.”

Gun-Ho started buying Dyeon Korea shares using Seung-Hee sister’s stock account. The initial fund of 100 million that he had previously put in the stock account was quickly exhausted. He deposited an additional 1 billion won to the account.

“Okay. I’m going in with the fund of an additional 1 billion won.”

Gun-Ho purchased 50,000 Dyeon Korea shares over the following four-day period until Friday at 18,000 won more or less. It cost him 900 million won. The price didn’t seem to be dropping any longer. Gun-Ho was not sure if it was because of his purchase, or because other stock manipulators joined the game and influenced the price. But, the number of trading substantially decreased.

Gun-Ho received a call from Director Woon-Hak Sim in Shanghai City, China.

“The movie shooting will be completed next week, sir.”

“Oh, really? Good job. Once the shooting is done, what would be the next step?”

“We will enter into the editing phase, sir. We will have to produce release prints as well as getting ready to release the film. It’s early October now, and I think we can release the film by the end of this year.”

“Is that right?”

“We could save time and money by using the film park in Shanghai City— Yingshi Leyuan. Once the shooting is finished next week, Mori Aikko won’t have to stay in Shanghai City and return to Japan.”

“Did they fully pay Mori Aikko already?”

“I’m not sure about it, sir. It’s Huanle Shiji Production Company’s President Baogang Chen who is handling all the payment matters.”

“Hmm, I see.”

After getting off the phone with Director Woon-Hak Sim, Gun-Ho thought about it.

‘Mori Aikko has been traveling back and forth between Shanghai City and Japan for more than three months now, and I haven’t visited her even once until now. The shooting is almost over, and I think I should be there for her this time. I also want to make sure that they pay Mori Aikko the right amount that they initially promised as well.’

Gun-Ho was not as busy as before these days. He had spare time, and he wanted to spend the time with Mori Aikko in Shanghai. He made a call to Director Woon-Hak Sim again.

“It’s Gun-Ho’s Goo.”

“Yes, sir.”

“I will be in China next week for business. I will stop by Shanghai as well.”

“Yes, sir. I will inform President Baogang Chen about it.”

Mr. Yoshitaka Matsuda, who was working in GH Media on the 17th floor, came to Gun-Ho’s office in GH Development on the 18th floor.

“How have you been, sir?”

“Please come on in. How are you, Mr. Yoshitaka Matsuda?”

“I’m going on a business trip to Japan next week. I will be meeting with the people from several Japanese publishing companies to discuss a publishing contract.”

“I hope you find many good books to select from.”

“My trip this time is not limited to Japanese books, but I also go there to introduce a few books authored by Korean writers to the Japanese publishing companies as well.”

“Oh, really? That’s nice.”

“I provide them with the synopsis of the Korean books. Once they decide to make a contract for those books, we will have the books translated into the Japanese language, and we can receive a subsidy from Korean government for the translation work as well.”

“Hmm, really?”

“And, I received a call from Segawa Joonkko yesterday.”

“Do you mean Mama San?”

“Yes, sir. According to her, Mori Aikko was supposed to receive her pay for the movie on a three separate payment schedule— one in the beginning, one in the middle, and one final payment. And, she hasn’t received the last payment yet.”

“Maybe, that’s because the movie shooting is still ongoing.”

“The shooting will be done next week, and Segawa Joonkko is worried that they might refuse to make the final payment since they will no longer need Mori Aikko. She said that she couldn’t trust what those Chinese people said.”

“I don’t think they would. They have been working on the movie production without worrying about funds because they reserved 100% funding from the beginning.”

“That’s relieving to hear. Segawa Joonkko actually made me promise not to tell her concern to you, Mr. President Goo, but I just had to let you know in order to figure out what to do if her concern becomes true.”

“As a matter of fact, I’m leaving for Shanghai City next week. I’m going to pressure Huanle Shiji Production Company’s President tacitly to make sure he makes the full payment to Mori Aikko.”