Story of a Big Player from Gangnam

Chapter 559 - Changes in GH Mobile’s Stock Ownership (2) – Part 2



It was Friday.

Gun-Ho went to work in the GH Building in Sinsa Town. He was having a cup of coffee sitting on the sofa in his office with his legs crossed.

“Young-Eun is coming home today.”

Gun-Ho called for Assistant Manager Hong. When Assistant Manager Hong entered his office, Gun-Ho said while handing a bankbook and his stamp to him, “This is my bank account where I receive all my salaries. Please withdraw 50 million won from the account and bring it to me. Please make five 100 million won bills.”

“Yes, sir.”

Gun-Ho wanted to give some money to Young-Eun that evening. He wanted to do so ever since he realized that he had never given Young-Eun any money for living expenses. Well, actually, there was nothing much that Young-Eun had to pay as living expenses while she was with Gun-Ho. Whenever they dined out, Gun-Ho always paid for it. Young-Eun often did some grocery shopping on Fridays on the way to Tower Palace condo, but it wouldn’t have cost her much anyway.

After a while, Assistant Manager Hong, who went to a bank to run an errand for Gun-Ho, came back to Gun-Ho’s office.

“Sir, here is 50 million won that you asked me to bring.”

“Thank you.”

“And, I will have to be out of the office for a while now.”

“Why? Where are you going?”

“It’s about the capital gain tax related to GH Logistics’ property that was recently sold. You asked me the other day to find a good tax consultant for it. The tax accountant office that I contacted earlier about it asked me to stop by their office.”

“Oh, I see. Please pay your full attention to what they say and let me know. I will give them a high consultation fee for it.”

“Yes, sir.”

Assistant Manager Hong came back after lunchtime.

“Sir, I just came back from the tax accountant office.”

“Yeah.”

“I haven’t really talked with their tax accountant, but I know their office manager—Manager Yang. I will call her, so she will expect your call.”

“Sounds good. Thank you.”

Since it was Friday, Gun-Ho thought that he would better contact them on the following Monday.

Gun-Ho received a call from Jae-Sik Moon who was in China right now.

“The joint venture company’s business registration has been issued.”

“Really?”

“Since the investment funds of 50,000 dollars that you sent were received, the Chinese people here started the process.”

“I knew they would do that.”

“They asked me when they could expect to receive additional investment funds of 450,000 dollars, and I told them that we will need to get the bus business license first.”

“Good point.”

“It seems that they will have to get the business license for the passenger transportation business, and once they get it, they need to obtain the bus line right from Antang City to Guiyang City. They call it Xianlu Pai.”

“Hmm, I see.”

“The thing is that they don’t give all at once, but they give as much as needed based on their demand estimate.”

“That means that they will consider the volume of traffic, huh?”

“I think so.”

“That sort of makes sense.”

“According to them, they are trying not to overissue the bus line right even though it wouldn’t fully serve their own interest.”

“Hmm, is that so?”

“They have been preparing and planning for this joint venture project, but they haven’t really started anything until now. They now actually began to launch the project. I feel like they started working while holding me as a hostage, who was sent by their Korean business partner.”

“What? A hostage? Hahaha.”

“I can see that they really want to do this project as a joint venture. I feel like they are holding me tight, so their Korean business partner can’t back out.”

“Jae-Sik, it’s a government-owned company, not a private entity. A government-owned company maybe doesn’t want to rush into generating profits. Just relax and focus on what you can do there like learning the Chinese language. Try to enjoy life there.”

“I know. I’ve been studying the Chinese language with Ms. Eun-Hwa Jo, not that I like to study, but I feel like I have no other option. This area is very different from Shenyang City where Suk-Ho Lee is staying, or Beijing, or Qingdao City where a lot of Koreans are living. In this area, I can’t even buy foods if I don’t speak Chinese. I’m trying really hard to learn Chinese now. I’m extremely motivated.”

“Haha. Good for you.”

 

 

 

 


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