Chapter 196 - The Last Class
12 Hours After
Translator: Khan
Editor: Aelryinth
âWhatâs wrong?â My parents came to the hospital that night. I went out of the room for a while after leaving my nearly exhausted wife Ah-young to them. I thought I could clear my mind if I got a little fresh air. While I was walking the hallways, a nurse greeted me, âMr. Chairman, hello?â
I bowed my head and received her greeting. She asked me in a bright voice, obviously not knowing the situation. âWhat brings you here today? Thereâs no charity event.â
â⦠itâs personal.â
I answered roughly like that, and then got out of the hospital. I had a lot of mixed emotions. Iâd spent tens of millions of dollars on the Rare Cancer Foundation, but my son had that rare cancer. I looked at the sky and thought, âIf there is a God, answer me. I didnât ask for anything, but Iâve been working hard to split the time and the money. Itâs not too much to give it back like this.â
However, there was no reply at all. I dropped my head. But I soon raised my head with my fist clenched. It was no use blaming God. I had to come to my senses. No matter how hard I thought about it, I was the only one who could solve this problem.
âHan Sang-hoon, letâs think about what I can do now.â I thought of my abilities once more. âIf I call in reporters right away and have them write an article about my child, my sonâs name will appear in the future news.
âSomehow, if I edit it thereâ¦â
However, I was not sure if the probability would be supported. Se-hyunâs brain tumor was malignant and it not well positioned. Even if he had the surgery, his chances of survival would be very low.
âThereâs a very high probability of side effects. But once I edit it to something like âThere are no side effects, and he managed to surviveâ⦠If I edit it that way, it might go up to 50%. Iâll have to try that for now. T
âThere is still a final grade left. When I get the next P class, there may be a way.â
I thought about the acquisition of Apple.
âItâs not impossible to make a deal with all the remaining available money in our company. But the problem is, no matter how much Apple has fallen and is worth in the market, its market capital still exceeds a trillion dollars. Even if the money problem is solved, it will take at least a year to avoid the U.S. anti-trust laws. In a year, Se-hyun may not be alive. The same is true of companies other than Apple. It would be less burdensome to buy a small company, but it would still take months.
âThatâs not going to work⦠So the only way to do this is toâ¦â
âThe only way is to inflate the value of the listed company now. In terms of our equity relationship, the parent company, Invictus Investment Holdings, is of course the highest. Of the total 3.6 trillion dollar value, it has 2.8 trillion dollars by itself, as it has not only cash, but also interests in non-listed companies in Korea and overseas.
I picked up my cell phone and tried to calculate things. The answer came soon.
âIf I temporarily raise our stock price by fifteen percent, it will work. But it is very difficult to raise our companyâs stock price. It has already become the largest company in the world at 2.8 trillion dollars, and the price is very stable. No matter how great an earning surprise there is, it will only rise by three to four percent and will not move beyond that. It is natural since the market capital of our companies is more than fifty percent of the total amount of the Korean market. Even if the media were manipulated to raise its stock price, it would not move more than ten percent.â
âThen, thereâs only one way to go. Though there are some side effects, I have no choice but to use that method.â
âââââââ
The next day, with slightly bloodshot eyes, I called in Secretary Park and Lee first.
âBoth of you, come inside.â
My two secretaries quickly came into the presidentâs office. I took out two pages of the document I had prepared. One was for the phone numbers of high-level officials at the nationâs banks, such as Duri Bank, Shinhyun Bank, and BK Bank, while the other was for the contact numbers of overseas banks such as City Bank, JPMorgan Chase, and Deutsche Bank. I handed over the domestic list to Park and the overseas list to Lee.
âBoth of you, call each of the phone numbers you have received. Tell them I want to see the bank presidents myself as quickly as possible. Itâs for a loan of billions of dollars.â
The two secretaries returned to their seats and began to work, as each instructed. The results came quickly.
âMr. Chairman, Kim Ji-hoon, president of Duri Bank, wants to visit you in person.â
âMr. Chairman, JPMorgan Chase will send the head of its Korean branch over this morning.â
It was a natural response. It was not a penny or two, but a chance to make money on billions of dollars. My plan was to buy back our companyâs shares. It was a way to raise the market capital by repurchasing our companyâs shares, which I had thought up a few years ago as a way to gain an âEâ class. I could raise the price fifteen percent in a short period of time. After my purchase, the stock price would go back on track, but as I did so, it could break through four trillion dollars temporarily.
The reason I called in the bank presidents was to secure as much ammunition as possible. I had about three trillion dollars, but I only had about ten billion dollars in cash because I owned it all in stocks and real estate. It was an unimaginable amount to the public, but with just that, I couldnât raise our companyâs stock by 15%. Therefore, I was thinking of borrowing money using the stocks and real estate for collateral.
âThe president of BK Bank asks when he can visit you.â
âThe president of Deutsche Bank says he will send the vice president to Korea. If he gets on board now, heâll arrive tomorrow. Heâs asking if you can wait until then.â
This was going to be easy, as the bankers were impatient to lend me money. I called Lee Won-jae, the CEO of the Daewon Daily News, and arranged a meeting with him.
âItâs been a long time, CEO Lee.â
âYes, boss. No, youâre the chairman now, arenât you? Mr. Chairman, why did you call me?â He also did not seem to know much about my son.n/ô/vel/b//in dot c//om
I spoke in plain language, âMy second child is now hospitalized at Gangnam Hospital with a malignant brain tumor.â
âWhat? A brain tumor? Oh, my God.â
When he was muddling his words, I said right away, âPlease send some reporters to cover it.â
âYes?â Lee Won-jae was quite surprised at my words.
I didnât want my family to be on other peopleâs tongues, so Iâd completely blocked them from being exposed to the media. Because of that, he just found out that Se-hyun had a brain tumor.
âDo not directly cover Se-hyun or my wife, so that they are not exposed to the media, but cover the person in charge of the hospital or the doctor. Let them announce that the son of the nationâs richest man has a brain tumor.â
âYes⦠but why?â
I didnât want to spend any time explaining it. âPlease just do it. Okay?â
As I said it grimly, he answered, âYes. Iâll do that today.â
âAnd one more job you have to do isâ¦â
âYes?â
âPlease spread a rumor gently and modestly for investors to notice in three days.â
âWhat rumor?â
âPlease spread a rumor that Iâve decided to buy back our companyâs stock, and that I will buy back between thirty and a hundred billion dollarsâ shares.â
âOh, yes, I see.â
After I finished the phone call, I went on to call my wife Ah-young.
âOppa? What?â Ah-young answered my call, clearly exhausted.
I spoke to her in a confident voice, âAh-young, donât worry too much. Iâll do everything.â
A few days later, news about Se-hyun began to emerge from the various media outlets, including the Daewon Daily News.
[Chairman Han Sang-hoonâs son is battling a brain tumor.]
[Bad luck for Han Sang-hoon, the luckiest man in the world.]
I searched for Han Se-hyun in People Search. Tragic news about my son came out. [CEO Han Sang-hoonâs son ends up dying during a brain tumor operation.] However, I took it in and played scissors with the Edit skill.
[Han Se-hyun, the son of CEO Han Sang-hoon, eventually died after surgery for a brain tumor. CEO Han Sang-hoon, who has usually made a large donation to the Childhood Cancer Foundationâ¦]
I quickly began editing it in the direction I wanted, [Han Se-hyun, the son of CEO Han Sang-hoon, has revived dramatically after surgery for a brain tumor. Surgeons saved Han Se-hyunâs life by performing a clean operation on a dangerous tumor, amazingly without any aftereffects.]
However, the probability was six percent. I revised the article again, [Surgeons managed to save Han Se-hyunâs life.]
The probability rate to succeed while leaving behind the aftereffects was twenty-three percent. This was far short of fifty percent. It couldnât be edited. No, before being edited, the possibility was too low. âIs the surgeryâs success rate this low?â I was desperate.
I finally decided to try the second method.
âAfter achieving the final grade⦠if not, when the chances are high that the surgeon will be able to make the most of his life, I will make this edit. That would be the best way. Even if Se-hyun is more likely to die.â
âââââââ
A week had passed since Se-hyun had been diagnosed with a brain tumor. He had stayed in the hospital room.
After my wife heard the doctorâs advice to operate as soon as possible, she told me, âLetâs set the date of the operation as soon as possible.â
However, I dissuaded her saying, âLetâs put it off for a week.â
My wife, who had never objected to my opinion, couldnât agree with it this time. âWhat the hell? We have to do it as fast as we can, so thereâs a better chance of a successful surgery.â
It was natural since our sonâs life was at stake. But I still put off the surgery by a week if I were to pin my hopes on the last grade. In the meantime, the loans had been executed. I had President Jangâs team buy back our companyâs shares from my personal window as soon as the money came in, an amount in the billions of dollars.
A company with a market capital of 3.8 trillion dollars had begun to move at my direction. One percent, two percent, three percent, the fact that our companyâs share price rose three percent meant that the total value rose nearly a hundred billion dollars, similar to when the former Suyeon Group back then.
â Whatâs this? Why is the Invictus Investment so high?-
â Isnât there something hidden in there?-
People reacted like that, but there wasnât any really good news.
However, it had just risen by force for my goal. The next day, it also went up three percent. Now, people were starting to think about it, âLetâs buy it; they must have some good news.â The ants joined the chase. The rumors which the Daewon Daily News had spread might have been in the ears and mouth of some investors. Rumor had it that I was buying back our companyâs shares with a hundred billion dollars. The next day it rose three percent again.
When it rose three percent each day for three consecutive days, I ran an article through the Daewon Daily News. [It is true that CEO Han Sang-hoon is buying back the companyâs own shares. The amount has yet to be decided, but it will be close to a hundred billion dollars.]
When the article was printed, the next day it jumped by seven percent, even if I didnât spend my money. Finally, with more than four trillion dollars from the share price of the company I owned, I got the final grade in my hands.