Chapter 171: Let’s Show Some Responsibility

"In that case, how much would a rights offering need to be?"

"If it's around 300 billion won, I think we could escape the state of capital erosion."

"I see. Understood."

"...Are you serious?"

At the answer that came out so simply, Mun-guk Oh was flustered.

Seong-ho, facing the flustered Mun-guk Oh, put on a rather composed expression instead and said,

"Didn't you say that if we carry out around 300 billion won, Ilhyeon Securities could escape capital erosion? Then let's proceed with that first."

Executive Director Mun-guk Oh, seemingly at a loss for words for a moment, could say nothing.

He didn't know how to react to Seong-ho accepting a rights offering as large as 300 billion won so very easily.

Seong-ho gave a light smile toward Mun-guk Oh, who was only gazing quietly at him, and said,

"There's a lot to do going forward. And we can't be held back by capital erosion. So let's clear up the capital erosion quickly first and then take our next step. I'll move on it right away, so please take note and prepare accordingly, Executive Director Oh."

Hearing Seong-ho's words, Mun-guk Oh hurriedly collected himself and threw out a question in haste.

"What do you mean, you'll move on it right away?"

Mun-guk Oh asked, thinking he needed to know for certain, and Seong-ho, looking at him, laid a hand on the leather diary and said,

"It seems you weren't able to focus on what was said in the conference room earlier, Executive Director Oh. Didn't I tell you — that I'll grow Ilhyeon Securities into the number one in Korea, number one in Asia, and further, a world-class securities firm?"

"That... I heard that too, but..."

"To achieve that goal, we have to move quickly. Can we really let ourselves be held back by a preposterous situation like capital erosion?"

From how he meant to carry out the rights offering, to how he meant to make it a world-class securities firm, to how he meant to normalize a company riddled with deficits — Mun-guk Oh had many things he wanted…

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