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178 Company Restructuring 5 – PART 1

 Gun-Ho met Mori Aikko at the New Otani Hotel.


"Daitōryō-san (President)."

Mori Aikko was wearing jeans again. It seemed that she came to the hotel straight from the bar; her face was still covered with a thick layer of makeup. She looked tired. Gun-Ho could smell her sweat. He liked the smell of her sweat; it was sweet and ironically fresh.

"You must be very tired."

"I'm fine."

Mori Aikko smiled while flipping her hair.

"Did you have dinner already?"

"Yes, I ate it in Shinjuku."

Gun-Ho and Mori Aikko sat at a bar inside the hotel and Gun-Ho was having a beer. Mori Aikko kept yawning; she must be very tired.

Gun-Ho took her to his hotel room and said,

"You seemed exhausted. Why don't you sleep here tonight?"

Mori Aikko smiled slightly and shook her head from side to side. The way she was sitting on a chair looked so adorable and lovely that Gun-Ho abruptly hugged her tight.

"You are tired. Stay here tonight."

As he tried to convince her to stay with him that night, Gun-Ho pressed his lips against Mori Aikko's. Gun-Ho could hear her soft breathing.

"I missed you."

Mori Aikko closed her eyes and she was ready to give Gun-Ho whatever he wanted to her.

"I made a sales contract today for your condo."

"I heard it from Mama-san. I will never forget what you did for me."

"I will protect you forever."

"Thank you."

Mori Aikko stretched and wrapped her arms around Gun-Ho's neck.

They had their second night.

As soon as Gun-Ho came back to his office in Asan City, he sent 100 million won to the Korean restaurant owner-Ji-Yeon Choi's bank account. It was the down payment for Mori Aikko's condo in Shibuya, Japan.

"I sent you the down payment to your account."

"Did you already?"

"As to the currency exchange fee, I will give to you when the transaction is complete."

"Haha. Sounds good. I will give your promissory note back to you the next time you come to Japan."

"Thank you."

After the trip to Japan, Gun-Ho felt exhausted. He was dozing off by himself in his office when someone knocked on the door.

"Please come in."

The internal auditor entered the office.

"The person I talked to you about the other day for the general director position, he is here. Would you like to see him?"

"Okay, please let him in."

The internal auditor left the office for a moment and came back with a man who looked like he was in his 50s.

"I'm Hyeong-Sik Yoon. A pleasure to meet you, sir."

"Please have a seat. I've heard a lot about you from the internal auditor."

The internal auditor placed some papers on the table.

"I asked him to bring his resume."

"Oh, you did?"

Gun-Ho looked through his resume. It was long and fancy. He had extensive work experience in the construction field abroad. The work experience that caught Gun-Ho's eyes was the experience with his previous company. He worked as a general director there.

"What types of work had you done in your previous position as a general director?"

"I managed various types of work, such as general affairs, legal matters, managing and repairing facilities, managing workers, etc. I took care of everything that was left out by other departments."

A female worker brought hot tea to Gun-Ho's office.

"Please have some tea, and let me know if you need anything else."

"Thank you."

The man, called Hyeong-Sik Yoon carefully picked up the cup of tea. This man graduated from the top university in Korea-Seoul National University and worked at an executive level in big and mid-sized companies, and he seemed to be nervous with Gun-Ho; he was even breathing very carefully. On the other hand, Gun-Ho seemed relaxed. He was leaning half back in his chair with his legs crossed while having his tea. The 35 years old man who used to work as a factory worker looked so arrogant in front of the 50 something-year-old man who graduated from the top university and who used to be a director in a big company.

Gun-Ho thought of the thing that the fortune teller from Gangnam-Master Park had told him years ago.

"You will be extremely rich before you turn 35 years old and you will rule the world. You will be in a position of hiring the people who graduated from top universities, in a position like the president of a big company."

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Gun-Ho sipped his tea and then said while relaxing his legs.

"I recently acquired this company, so it is not very organized yet. The system is not stable and we are in the process of implementing policies and stuff. We can't pay you much either."

"If you give me an opportunity to work here, I will work hard and do my best, sir."

"Our internal auditor here insisted that we have to have you in our company."

"Thank you."

Hyeong-Sik Yoon bowed low to show his appreciation.

"Once you join our company, I want you to take over 5 departments which are general affairs, facility management, treasury, management, and legal. Your position title will be a general director."

"Thank you, sir."

"You will have tons of opportunities to promote with our company."

"Thank you."

"Okay. Then, why don't you, Mr. Internal Auditor introduce our new general director to other managers and directors?"

"Yes, sir."

The internal auditor smiled and held the General Director's arms and walked out of Gun-Ho's office.

Gun-Ho received a call from the bank branch manager from the Gangnam branch.

"We just received the decision from our head office. We will move all of your loans to our bank, specifically to our Gangnam branch. You will see a dramatic reduction in your monthly loan interest starting next month."

"Thank you so much. I really appreciate it."

"We usually don't take this much loan for one company. Our branch will have to make a report about any changes in your company to our head office on a regular basis, so you will have to send us your company's quarterly financial reports."

"Understood. We will do that."

"Also, the head office will send someone to your company to verify a few things. You will have to be smart in answering any questions that they will ask you."


"We left out the loan from Korea Credit Guarantee Fund though. If we take over that loan, the loan we are currently giving you will exceed the appraised value of your company's real estate assets."


"I understand that you want to get rid of that loan because there was joint surety involved. But you will have to find another way to take care of it."


"Also, since you sold the storage building and the dormitory, we used the new factory in Jiksan Town, Cheonan that you recently purchased as collateral. Please verify the real estate registration of that factory."

"I see."

"Also, if you could give me a chance to have a round of golf with you in Asan City or Cheonan, I will be there."

"Haha, sure."

Gun-Ho called for the internal auditor.

"I just received a call from the bank in Gangnam. The loan with them is approved. So our entire loan is now with that bank."

"Really? Congratulations, sir."

The internal auditor smiled broadly.

"Starting next month, our monthly loan interest will be much less than before. So we can expect to have ordinary income, even though it won't be much."

"Well, at least we won't lose money. You did a really good job in this matter, Mr. Internal Auditor."

"Thank you so much, sir. I guess it was teamwork-you and me."

"Today is a good day; we received good news and we have a new general director. Why don't we have lunch together with all directors?"

"Yes, sir. I will let them all know."