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Story of a Big Player from Gangnam

Story of a Big Player from Gangnam

Author: 악중선

4.25 (261 ratings)

100 Conversation with a Wise Man (1) – PART 1 4yr

Translator: - -Editor: - -

Gun-Ho decided to raise the capital of GH Development by issuing new stock; otherwise, his company would look too small with its currently small capital and annual sales. He would raise the initial capital of 300 million won to 1 billion won. That way, Gun-Ho's company would look better when joining the joint venture.
"Ms. Ji-Young Jeong."
"Yes?"
"Do you remember that time when we acquired three OneRoomTels, I added my personal funds to the company's capital of 300 million in order to make enough funds to buy them? And you recorded it as a fund that came from the company CEO, right?"
"Yes, I did."
"We are going to raise our company's capital to 1 billion won. I've already deposited an additional 300 million won to our major business bank account. So use the 300 million I just deposited and some of the funds that were previously added when we acquired the OneRoomTels to raise our capital to 1 billion won. Why don't you go to the certified legal consultant's office this afternoon?"

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