Chapter 705 - Employee Stock Ownership Plan (3) – Part 2
It was Thursday.
Gun-Ho went to work in GH Mobile in Jiksan Town. When he saw a lot of people, who were wearing a GH Mobile’s uniform, being around the building next door that he recently purchased, he entered the building. People were installing shelves and stuff to make a storage space. The painting and the bathroom seemed to be completed. The general affairs director, who was overseeing the work, greeted Gun-Ho when he saw him.
“We’ve made the final payment for this building, haven’t we?”
“Yes, we have, sir. We are done with the painting, and the repair work in the bathroom is completed as well. We cleaned the septic tank too.”
“Good job.”
“Director Park is overseeing the work in the storage right now. They are doing some welding work there.”
“Hmm, is that right?”
Gun-Ho walked into the storage. Director Park was standing behind the workers, who were doing welding, and watching the work. It seemed that he would no longer do welding himself.
“How’s it going?”
“Oh, bro.”
“Are we making a storage space here?”
“Making storage is easy work. It will be done by the end of today. Since we are going to store our products here, we don’t want people to freely enter the storage. So, we need to install the screen. We will also divide the place into several lots and assign each separate lot to our vendor companies, so they can place their products in their spot. Our storage manager will handle the process.”
“Hmm, this storage is very spacious.”
“It won’t look spacious enough once we pile up products here. We need a space large enough for a forklift truck to move around here.”
“You said that we are going to do some manufacturing work here too, right?”
“Yeah. Our third production site will be placed on the building over there with a blue roof on it. Hydraulic press machines will be installed there.”
“You will?”
Jong-Suk Park gazed at Gun-Ho vacantly for a moment.
Gun-Ho laughed and tapped Jong-Suk’s shoulder.
“I gotta go now. Think about it, okay? Don’t tell what I just suggested, to anyone else.”
Jong-Suk Park was still gazing at Gun-Ho’s face; he couldn’t say anything.
Gun-Ho was sitting in his office in GH Mobile when Secretary Hee-Jeong Park called him through the interphone.
“Sir, the overseas president of Dyeon Korea in India is on the other line. Would you like to take the call?”
“Okay, let him through.”
“Sir, this is Manager Jong-Geun Lee in India.”
“Oh, hi. How have you been?”
“I found a factory for sale in the Chennai area. Its land is around 5,000 pyung large, but it’s not exactly located in the center of the Chennai Industrial Park.”
“How much are they asking?”
“They listed the property for 200 million Rupees.”
“200 million Rupees?”
“It’s about 3 billion Korean won, sir.”
“Is the factory building clean?”
“The building is about ten years old. I haven’t been to the place yet, so I’m not sure if it is clean or not, sir.”
“Hmm, I see.”
“There is another one on the market. Its land is only 3,000 pyung large. The sales price for it is 150 Rupees.”
“Is that right?”
“Do you want me to keep looking, sir?”
“Yes, please do so.”
“Okay, sir.”
Coincidentally, Min-Hyeok Kim also called Gun-Ho to give him an update about the factory in China.
“I found two factories that are available to buy.”
“Really? What are their locations?”
“If you go a bit further toward Shanghai City from the Suzhou Industrial Park, the factory is there. It’s about 5,000 pyung large.”
“Is it currently working?”
“Yes, but not 100% though. Only 20% of the factory is working right now. It used to be a manufacturing company that produced tools and equipment related to new renewable energy. I was told that Xibanya (Spain) invested in the company. It’s now partially working.”
“How much is it?”
“I talked to the Jingli (manager) who is in charge of selling the property. He gave me the price in dollars, maybe because he noticed that I’m not Chinese. He said that they are asking for 3 million dollars.”
“Even though China has huge land, the price of a piece of land is still expensive. It’s about 3 billion Korean won, right?”
“Yeah. I think that they are asking that much because of the infrastructure that they built there. It must have cost them a fortune.”
“Did you say that you found another factory that is available too?”
“Yeah. This one is larger than what we want; it’s 7,000 pyung large. I visited the place. Its structure wouldn’t go well with what we need.”
“What are they producing there?”
“They are making clothes. The factory is huge, and it looks like a large storage. Because of the size, the price is high. And, they said that it would take several months for them to vacate the factory.”
“I see. I will pay a visit there in the near future. If I can’t make it, I will send someone to take a look at them.”
“I will keep you updated once I see a new listing of a factory appearing on the market for sale.”