After the Divorce, I Found a Thousand Bitcoins - Chapter 84

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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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I Got Divorced and Found a Thousand Bitcoins Episode 084

 

After finishing his meeting with Prime Minister Lao Sing, Kang Hyeon immediately contacted Chairman Lee.

 

-A special economic zone?

 

“Yes. When I conveyed your position to Prime Minister Lao Sing, he said he would designate a special zone for us.”

 

Of course, there were more detailed conversations, but there was no need to discuss those parts.

 

What mattered was the special economic zone, and that was the most important thing from Saseng’s perspective.

 

-That would make things easier for us. We wouldn’t need to specify separate conditions.

 

“Yes. I think this will be resolved more cleanly. Of course, if Chairman Lee gives the okay, I plan to proceed with the discussion further.”

 

-Very good. Rather, it’s something I should be asking for. Of course, we’ll need to go through internal meetings, but I’ll follow your proposal.

 

“Thank you. Oh, and SS Energy will likely participate in this special zone as well.”

 

-That’s welcome news. I’ve been close with their representative since childhood.

 

The relationship between SS Group and Saseng Group was very good.

 

That’s why he welcomed the news that SS Energy might enter the special zone with open arms.

 

No, Chairman Lee went even further.

 

-How about having Hyeonseong enter the special zone as well?

 

“Hyeonseong too?”

 

-Yes. Recently, due to issues with the Vietnamese government, Hyeonseong has been preparing to move to a new location.

 

Hyeonseong, one of the global companies that started in South Korea.

 

Originally it became a global company as an automotive manufacturer, but currently it was a company receiving more spotlight for robotics.

 

If that company joined the special economic zone, the Indian government would surely welcome it even more.

 

“If that’s possible, it would be the best scenario. However, I don’t have any connections with Hyeonseong…”

 

-Haha, don’t worry. I’ll talk to Hyeonseong. You can expect them to give a positive answer.

 

“Thank you!”

 

-No. Rather, I should be grateful. Our executives have been continuously talking with the Indian government, but there hasn’t been much progress. You know about the jugaad culture, right?

 

Chairman Lee seemed to be troubled by jugaad as well.

 

Certainly, from foreign companies’ perspective, working in countries like China, Vietnam, and India seemed to be hindered by their slow administrative processing and corruption.

 

“Yes, I’m well aware. We’ve been racking our brains over that too.”

 

-Right. To solve such problems at once, we needed someone like you who could talk with the Prime Minister’s side. You appeared at just the right time.

 

After that, they continued the conversation with various topics before hanging up.

 

Along with suggestions to have a meal together in Korea later.

 

“A special economic zone…”

 

He had made a deal he never even thought of.

 

The problem was that it was accepted too well.

 

“I’ll have to visit India more often from now on?”

 

What started as a connection with India to secure highway construction contracts had now developed into a special economic zone.

 

But maintaining relationships with such powerful countries wasn’t necessarily bad.

 

‘I don’t know how far this connection will extend.’

 

For now, he felt this was sufficient.

 

* * *

 

South Korea.

 

As soon as Kang Hyeon returned to Korea, he held a meeting at KH Capital.

 

And at that meeting, he brought up the topic of the Indian special economic zone.

 

“The Indian government has agreed to designate a special economic zone.”

 

“A special economic zone?”

 

All the employees spoke in unison.

 

Being surprised was a bonus.

 

He had gone abroad and suddenly returned with this massive story about a special economic zone.

 

“Currently, it’s been discussed that Saseng and KH will enter. There’s a high possibility that SS Group and Hyeonseong will be added.”

 

All the names coming up were major corporations.

 

Hearing this, Kwangho asked.

 

“If it’s a special zone, there must be a main entity managing it?”

 

“Currently, it looks like KH will be in charge.”

 

This meant KH would be at the center of the special zone, beating out prominent major corporations.

 

They knew Kang Hyeon had connections with India’s Prime Minister, but they never dreamed he would receive such preferential treatment.

 

Seong-won followed up with a question.

 

“Then will KH Capital also move to India?”

 

This was the most important issue from the employees’ perspective.

 

Because they might have to relocate their workplace.

 

But Kang Hyeon shook his head.

 

“This special zone will be centered around AI data centers. There’s no need for a financial company like Capital to relocate.”

 

Seong-won let out a sigh of relief.

 

From his perspective, there was no company better than KH Capital.

 

A company with low work stress but high salaries.

 

This time Ha-ryul brought up a topic.

 

“But if KH becomes the center of the special zone, won’t you have to go to India frequently, President?”

 

“That’s correct. I’ll likely be away from the office frequently. So I’m thinking of promoting Manager Lim Kwang-ho to vice president and entrusting him with the company.”

 

Kwangho’s expression was a sight to behold.

 

Since this was the first time he was hearing this too, Kang Hyeon expected him to be surprised, but to be that shocked.

 

He thought he should have given him a heads up beforehand.

 

“Me as vice president?”

 

“Yes. From now on, Vice President Lim will handle all authority over Capital. Of course, I’ll give separate trading orders from time to time.”

 

“Wait, so you’re essentially entrusting Capital to me…?”

 

“Exactly.”

 

Kwangho unexpectedly found himself in charge of the company.

 

* * *

 

The stormy day had ended.

 

Kang Hyeon clinked glasses alone with his friend after a long time.

 

“Ahh…!”

 

As the strong liquor passed down his throat, admiration naturally burst out.

 

Kwangho swallowed it and asked Kang Hyeon.

 

“You should have given me a heads up beforehand.”

 

“Sorry. I had time to organize my thoughts on the way back to Korea.”

 

It was true.

 

On the plane returning to Korea, Kang Hyeon organized his thoughts.

 

He realized that running Capital, which had created his wealth, with the current structure was too inefficient.

 

“Looking at the current work, I need to spend a lot of time overseas. In such a situation, it seemed a bit strange to let capital sit idle like this.”

 

The capital had already grown to trillions.

 

He needed someone to command them on-site.

 

“I thought you were the most suitable.”

 

“Well, I appreciate the trust, but…”

 

Operating funds in the trillions.

 

It wasn’t an easy task.

 

Of course, Kang Hyeon didn’t plan to use all this money as operating funds.

 

“KH Capital’s current capital is about 4 trillion, right?”

 

“Yeah, the capital that can be immediately converted to stocks or cash would be about that much. If profits continue to increase at the current rate, we’ll soon get a call from the Fair Trade Commission.”

 

Classification as a major corporation was approaching.

 

Although the proportion of foreign investment was high, their status in Korea was rising just as rapidly.

 

“What do you want to do? There’s also the option of changing Capital to an asset management company to avoid legal restrictions.”

 

KH Capital was currently classified as a family office.

 

In other words, it meant they conducted investments using Kang Hyeon’s money as the main capital.

 

And with Kang Hyeon sitting as the representative and currently owning KH Construction and KH Recovery, there was a high possibility of being designated as a large corporation.

 

The way to avoid this was to make KH Capital independent as an asset management company and have Kang Hyeon entrust money as a client.

 

In this case, the Fair Trade Commission would have to prove that Kang Hyeon was the actual controller.

 

It was a method that cleverly circumvented the legal net, but Kang Hyeon had no intention of choosing this approach.

 

“Since it’s come to this anyway, I might as well try being a large corporation chairman.”

 

If the law made him a large corporation, he could accept it with dignity.

 

“You’ll be properly revealed to the world.”

 

Kwangho was right.

 

The moment he was classified as a large corporation, he would have to disclose all related stakes to the entire world.

 

All matters that hadn’t been disclosed until now would be made public, and regulations would apply to everything he traded in the future.

 

“It doesn’t matter. Nothing will change much even if it’s disclosed anyway.”

 

“You’ll get tons of calls asking to borrow money, won’t you?”

 

Even in this situation, Kwangho was cracking jokes.

 

“Don’t be ridiculous.”

 

“How about creating a holding company instead?”

 

“A holding company?”

 

“Yeah, Capital has been playing that role until now, but if you need to properly disclose, it’s more convenient to create a holding company to control everything. Create KH Holdings above Capital.”

 

It wasn’t a bad method.

 

No, in fact, if he had decided to be classified as a large corporation, that method was the only option.

 

“And we need to organize the existing loans too. If we keep lending at low interest rates like now, the Fair Trade Commission will interfere.”

 

“So-yeon will be busy.”

 

“Phew, it would be too much for her to handle all that paperwork alone. We’ll need to ask Samil Accounting to help process it together.”

 

“Leave that part to me.”

 

“Ah… I’ve been doing only what I wanted like it was a cushy job until now. I’m really going to be busy from now on.”

 

He was right.

 

Once classified as a large corporation, there would be mountains of work to do.

 

They would need to handle paperwork accordingly and hire new employees.

 

Naturally, they would also need a larger office.

 

“By the way, if we’re going to be classified as a large corporation, Nereid might become a problem, right?”

 

“That’s true, since Saseng’s HBM5 is a very important strategic asset. That could become an issue.”

 

“How are you planning to solve it? If the Fair Trade Commission makes it an issue, the media will attack too.”

 

The media always liked sensational articles.

 

And if attacked by them, he would inevitably become a target of public criticism.

 

“They’re creating a special zone in India. We’ll build Nereid’s factory there. Saseng can also make the core cooling system components for HBM5 there and import them to South Korea.”

 

“Not bad. But rather than doing that, how about asking Saseng to handle the final packaging of mass-produced products in India?”

 

“Oh, you mean black-boxing the mass production data and sending it?”

 

“Exactly. It’s a commonly used method, so the government probably can’t complain about it.”

 

Since both of them had been in the financial sector, they knew exactly how large corporations operated.

 

For core strategic assets like HBM, regulations prevent detailed processing from being done abroad.

 

In other words, core processes must be handled in South Korea.

 

One of the reasons Saseng was building a large-scale factory in Pyeongtaek was to avoid this very regulation.

 

The process involved handling core processes in South Korea and producing mass products abroad to match tax benefits and unit costs.

 

If they used this method for collaboration with Nereid, they could avoid regulations.

 

“I’ll need to talk with Chairman Lee about this.”

 

Of course, this method was only possible if Saseng agreed to it.

 

“If that doesn’t work, we’ll have to build a new Nereid factory near Saseng’s factory being built in Taylor, USA.”

 

There were several places where Saseng’s HBM mass products were manufactured.

 

Taylor, USA and Xi’an, China were representative examples.

 

Building a new Nereid factory there would solve everything.

 

“Wow… once you’re classified as a large corporation, seeing your face will be like plucking stars from the sky.”

 

“Still, I’ll have to make time to have drinks with you like this.”

 

“Right. You need leisure time to work too. By the way.”

 

Kwangho picked up some well-grilled Korean beef and asked Kang Hyeon.

 

“Just how far are you planning to go?”

 

At his question, Kang Hyeon thought for a moment.

 

In fact, even if he retired right now, there would be no problem living for the rest of his life.

 

No, it was certain there would be no problem for future generations to live on.

 

But Kang Hyeon wanted to find the reason why he had gained this ability.

 

‘This ability seems to want me to keep going with something.’

 

The ability to see light.

 

He wanted to go wherever it was guiding him.

 

And he wanted to find what that ability wanted from him.

 

Now he had a strong desire to do what he could, not simply to make money.

 

So Kang Hyeon spoke with sincerity.

 

“I’m going to go as far as I can. You’ll come with me, right?”

 

Hearing that answer, Kwangho chuckled.

 

“I’ll go with you as far as my stamina allows.”

 

The two men raised their glasses and lightly clinked them together as if making a promise.

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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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