Chapter 225
“I’d like to meet them,” said Hyunwoo.
“I know how you feel, but you can’t run your business with compassion. Sometimes, you had better ignore them.”
At that moment, Na stopped discouraging him because he saw Hyunwoo was smiling a confident simile.
That meant Hyunwoo didn’t say that simply out of compassion. It seemed he had a good idea.
Na led him to the main gate and introduced them to Hyunwoo, interpreting for him.
They were overjoyed as if they met a savior.
They moved to a quiet conference room.
“DF Technology is a company that produces lighting equipment with a long history. But it’s in financial difficulty at the moment as it failed to change its business at the right time, but I think it can overcome the difficulty with a new product.”
The new product he mentioned was LED lighting. According to him, the company’s technical skills were competent enough in the market.
The thing was that it had no money. The company needed to finance itself until it established itself in the market by selling lots of LED products, but it didn’t have any funding power.
Young Plastics was in the same situation.
Hyunwoo looked at Na and said, “You are sure they are not swindlers, right?”
As he spoke in Korean, the Vietnamese CEOs could not understand at all.
“Well, I know these men. They are sincere, but the technical prowess of their companies lag behind a lot.”
Hyunwoo nodded and asked, “How much do you think they need to stabilize their companies?”
Na’s eyes popped out.
“Are you serious about investing in them?”
“Well, it depends. If I think they have potential, I would like to.”
The Vietnamese CEO of DF Technology quickly intervened, “I need 30 billion dong. If you invest, I’ll give you 7% of our shares.”
30 billion dong would be 1.5 billion won.
Hyunwoo was not sure how much he could invest just based on their explanation. Depending on the size of DF Technology, he would decide how much to invest. He also wanted to find out the status of its technical skills.
“Can I visit your company? I think I have to know more about your company before I decide,” said Hyunwoo.
“Of course,” said the Vietnamese CEO, pressing him to visit even now.
But Na snapped his finger and said, “Good. I know someone who is well versed in lighting. I think if I take him to your visit to the factory, you can find out more about its technology.”
“Can you call him to come over here now?”
“Let me call him.”
Na called someone in Vietnamese and smiled after the call.
“He suggested meeting at the factory of DF Technology. If we start now, we could meet him there.”
“Let’s leave now.”
DF Technology was a larger company than thought. Hyunwoo initially 7% stake was not big enough, given his investment, but it was much more than expected.
Like the CEO said, only those workers at the LED factory were busy while other factories were sluggish.
A little later an acquaintance of Na, a technician well versed in LED technology, arrived.
Looking around the factory, the technician kept nodding his head with a good review of the products.
“I think they can be competent enough in the market, but the thing is the price. Though the product here is good, its price is not competent at all. The unit cost of production should be cut by 3% at least.”
Hearing that, the CEO looked gloomy again. Obviously, the technician touched the sore spot.
Na said, “No matter how competitive the technical skills of a company, it will go bankrupt without price competitiveness. I know it because I have been there.”
In other words, Na seemed to suggest that Hyunwoo should not invest.
But he differed.
“If we can find technicians in Korea or in Japan, can’t we enhance the technical prowess of DF Technology and lower its product?” asked Hyunwoo.
“Of course, it’s not impossible. It’s possible theoretically. As you know, you don’t accomplish anything just as you wish.”
Na’s point made sense, but Hyunwoo said, “Well, a risky business sometimes brings you more profits, doesn’t it? If the business is doing well, it will bring about more profits.”
Na didn’t agree with that.
“The possibility for success is too low. Even if you invest 30 billion dong in the company, it will only delay its collapse. You will have to pour another 30 billion dong to save it. Even if your investment is successful, it won’t bring you many profits as you think. Given the costs and benefits, there is a low possibility.”
Hyunwoo smiled at that as he would enjoy greater benefits.
“Well, I’m not that much interested in DH Technology. What I am aiming for is a bigger one.”
Na’s eyes sparkled momentarily.
“Bigger one? What is that?”
“The image of KOVE DREAM in Vietnam. If my investment this time is successful, KOVE DREAM will be widely known to the Vietnamese people for its contribution to Vietnam. You can’t value that with money.”
Come to think of that, Hyunwoo’s point was very important. As KOVE DREAM kept on rolling in Vietnam, there was also a growing resistance to its growth in Vietnamese society. That’s one of the reasons he said he would accept Vietnamese companies as members of KOVE’s minor league.
Hyunwoo continued, “As you said, money is important. I don’t mean I will invest immediately.”
Na made a relieved expression, “I’m relieved to hear that. I was a bit worried you might want to sign the contract right now. Haha”
“Hahaha, no way. Let me find some technicians in Korea first. I’ll invest only when I am convinced that my investment can save DF Technology. Of course, that company has to survive until then.”
“In that case, I think there is a higher possibility of success, and I welcome it then,” said Na.
But the Vietnamese CEO was disappointed to hear that. But he was a bit relieved to know that Hyunwoo would actively search for good technicians to help his company.
“If I sell a factory site, I think I can get the funding to sustain my company a little longer. But I am not sure how long I can.”
“Let me deal with this as soon as possible,” said Hyunwoo.
Coming out of the factory, Hyunwoo went back to the office of N&C.
Inside the car he was sharing with Na, Hyunwoo said, “Can you find out if there is any other company like DF Technology? If you find such a company, I think we can boost the image of KOVE DREAM here. Besides, we will have investment returns later.”
“Got it, but bear it in mind that this is not an investment but speculation. If the company fails, your investment will disappear!”
“Hahaha, I know that.”
While Hyunwoo was talking with Na, his cell phone buzzed. It was a call from Yu Zuung.
“My parents want to invite you to dinner. Are you available?”
In fact, Hyunwoo was trying to get out of the N&C office because there was planned another long meeting. The topic of the meeting was KOVE DREAM Blue.
As he already had the basic framework of it, the meeting would focus on working out the details. Hyunwoo would not need to attend it.
Hyunwoo quickly accepted her invitation.
“Oh, I can’t refuse it if your parents have invited me.”
“Got it. Let me pick you up at the N&C office.”
After the call, Hyunwoo asked for Na’s understanding.
As soon as he received a call from saying that she arrived, he went out.
He immediately noticed her dress. She put on the traditional Vietnamese costume Ao Dai, which was modernized to emphasize its sexy style. Though her body was not naked, her clothing was tight to the skin, revealing her curvy figure.
“Which makes you so beautiful, your clothing or your figure? I can’t take my eyes off from you.”
“Both, hoho,” she said with a merry laugh, twisting her body. Obviously, she felt satisfied with his praise.
While driving down to Ho Chi Min City, Hyunwoo praised her.
In return, she also searched for his merits and praised him.
Later, she told him that he was her ideal type, but she looked shy as if her genuine feelings about him were detected by him.
Hyunwoo just laughed heartily at that.
“It’s my honor, hahaha.”
Chattering away in a cheerful mood, they arrived at Yu Zuuug’s house.
She was from a much more affluent family than Hyunwoo thought. It seemed her family had inherited a fortune from generation to generation and kept it well.
Besides, her family members were elites in Vietnam. They had expert knowledge in their fields and could speak English fluently.
“My daughter’s dream was to live in Korea, and she is feeling happy these days thanks to your help. Thanks so much.”
“Oh, it’s me who has to thank you as she works for my company.”
“I heard a lot about you from my daughter. You’re doing lots of good things such as free education for students. And she said you’re such a great businessman…”
Her parents kept praising him, so he felt a bit embarrassed.
As their conversation went on, however, the atmosphere turned a bit strange at some point.
“In fact, my daughter is pretty popular here. There are lots of my acquaintances who want to have my daughter as their daughter-in-law. I have to marry her off as she is old enough to get married. But she doesn’t let us mention it, saying she has her eye on somebody…” said her father, trying to read Hyunwoo’s mind gently.
Hyunwoo looked at her at that moment, too, because he felt he might be the very person that she had her eye on.
Yu Zuung found herself embarrassed a lot. Her milky white face blushed.
Source: Webnovel.com, updated by NovelKeep
Chapters
- Chapter 322
- Chapter 321
- Chapter 320
- Chapter 319
- Chapter 318
- Chapter 317
- Chapter 316
- Chapter 315
- Chapter 314
- Chapter 313
- Chapter 312
- Chapter 311
- Chapter 310
- Chapter 309
- Chapter 308
- Chapter 307
- Chapter 306
- Chapter 305
- Chapter 304
- Chapter 303
- Chapter 302
- Chapter 301
- Chapter 300
- Chapter 299
- Chapter 298
- Chapter 297
- Chapter 296
- Chapter 295
- Chapter 294
- Chapter 293
- Chapter 292
- Chapter 291
- Chapter 290
- Chapter 289
- Chapter 288
- Chapter 287
- Chapter 286
- Chapter 285
- Chapter 284
- Chapter 283
- Chapter 282
- Chapter 281
- Chapter 280
- Chapter 279
- Chapter 278
- Chapter 277
- Chapter 276
- Chapter 275
- Chapter 274
- Chapter 273
- Chapter 272
- Chapter 271
- Chapter 270
- Chapter 269
- Chapter 268
- Chapter 267
- Chapter 266
- Chapter 265
- Chapter 264
- Chapter 263
- Chapter 262
- Chapter 261
- Chapter 260
- Chapter 259
- Chapter 258
- Chapter 257
- Chapter 256
- Chapter 255
- Chapter 254
- Chapter 253
- Chapter 252
- Chapter 251
- Chapter 250
- Chapter 249
- Chapter 248
- Chapter 247
- Chapter 246
- Chapter 245
- Chapter 244
- Chapter 243
- Chapter 242
- Chapter 241
- Chapter 240
- Chapter 239
- Chapter 238
- Chapter 237
- Chapter 236
- Chapter 235
- Chapter 234
- Chapter 233
- Chapter 232
- Chapter 231
- Chapter 230
- Chapter 229
- Chapter 228
- Chapter 227
- Chapter 226
- Chapter 225
- Chapter 224
- Chapter 223
- Chapter 222
- Chapter 221
- Chapter 220
- Chapter 219
- Chapter 218
- Chapter 217
- Chapter 216
- Chapter 215
- Chapter 214
- Chapter 213
- Chapter 212
- Chapter 211
- Chapter 210
- Chapter 209
- Chapter 208
- Chapter 207
- Chapter 206
- Chapter 205
- Chapter 204
- Chapter 203
- Chapter 202
- Chapter 201
- Chapter 200
- Chapter 199
- Chapter 198
- Chapter 197
- Chapter 196
- Chapter 195
- Chapter 194
- Chapter 193
- Chapter 192
- Chapter 191
- Chapter 190
- Chapter 189
- Chapter 188
- Chapter 187
- Chapter 186
- Chapter 185
- Chapter 184
- Chapter 183
- Chapter 182
- Chapter 181
- Chapter 180
- Chapter 179
- Chapter 178
- Chapter 177
- Chapter 176
- Chapter 175
- Chapter 174
- Chapter 173
- Chapter 172
- Chapter 171
- Chapter 170
- Chapter 169
- Chapter 168
- Chapter 167
- Chapter 166
- Chapter 165
- Chapter 164
- Chapter 163
- Chapter 162
- Chapter 161
- Chapter 160
- Chapter 159
- Chapter 158
- Chapter 157
- Chapter 156
- Chapter 155
- Chapter 154
- Chapter 153
- Chapter 152
- Chapter 151
- Chapter 150
- Chapter 149
- Chapter 148
- Chapter 147
- Chapter 146
- Chapter 145
- Chapter 144
- Chapter 143
- Chapter 142
- Chapter 141
- Chapter 140
- Chapter 139
- Chapter 138
- Chapter 137
- Chapter 136
- Chapter 135
- Chapter 134
- Chapter 133
- Chapter 132
- Chapter 131
- Chapter 130
- Chapter 129
- Chapter 128
- Chapter 127
- Chapter 126
- Chapter 125
- Chapter 124
- Chapter 123
- Chapter 122
- Chapter 121
- Chapter 120
- Chapter 119
- Chapter 118
- Chapter 117
- Chapter 116
- Chapter 115
- Chapter 114
- Chapter 113
- Chapter 112
- Chapter 111
- Chapter 110
- Chapter 109
- Chapter 108
- Chapter 107
- Chapter 106
- Chapter 105
- Chapter 104
- Chapter 103
- Chapter 102
- Chapter 101
- Chapter 100
- Chapter 99
- Chapter 98
- Chapter 97
- Chapter 96
- Chapter 95
- Chapter 94
- Chapter 93
- Chapter 92
- Chapter 91
- Chapter 90
- Chapter 89
- Chapter 88
- Chapter 87
- Chapter 86
- Chapter 85
- Chapter 84
- Chapter 83
- Chapter 82
- Chapter 81
- Chapter 80
- Chapter 79
- Chapter 78
- Chapter 77
- Chapter 76
- Chapter 75
- Chapter 74
- Chapter 73
- Chapter 72
- Chapter 71
- Chapter 70
- Chapter 69
- Chapter 68
- Chapter 67
- Chapter 66
- Chapter 65
- Chapter 64
- Chapter 63
- Chapter 62:
- Chapter 61:
- Chapter 60
- Chapter 59
- Chapter 58
- Chapter 57
- Chapter 56
- Chapter 55
- Chapter 54
- Chapter 53
- Chapter 52
- Chapter 51
- Chapter 50
- Chapter 49
- Chapter 48
- Chapter 47
- Chapter 46
- Chapter 45
- Chapter 44
- Chapter 43
- Chapter 42
- Chapter 41
- Chapter 40
- Chapter 39
- Chapter 38
- Chapter 37
- Chapter 36
- Chapter 35
- Chapter 34
- Chapter 33
- Chapter 32
- Chapter 31
- Chapter 30
- Chapter 29
- Chapter 28
- Chapter 27
- Chapter 26
- Chapter 25
- Chapter 24
- Chapter 23
- Chapter 22
- Chapter 21
- Chapter 20
- Chapter 19
- Chapter 18
- Chapter 17
- Chapter 16
- Chapter 15
- Chapter 14
- Chapter 13
- Chapter 12
- Chapter 11
- Chapter 10
- Chapter 9
- Chapter 8
- Chapter 7
- Chapter 6
- Chapter 5
- Chapter 4
- Chapter 3
- Chapter 2
- Chapter 1