Chapter 598 – Somebody Else Pays

👁 10 views

[Ilhyeon Electronics Decides on Large-Scale Investment]

[Agreement Concluded with Dutch Semiconductor Equipment Maker]

[Ilhyeon Electronics has taken the extraordinary decision to conclude a main contract with a Dutch semiconductor equipment maker, skipping the MOU. Ilhyeon Electronics said that through this contract it would improve the conditions that have left it dependent on Japanese equipment makers. The investment, more than one billion dollars in total, is on a scale beyond the price paid in the software company acquisition of a short while ago, and is a super-large investment contract that sets a new record for investment by a domestic company in a foreign one. The Dutch semiconductor equipment maker is…….]

The newspaper carried the talk of the contract with SML, and Seong-ho Kim read quietly down it.

Then, well pleased, he turned the page.

[Solar Group to Raise Kaesong Industrial Complex Output Twofold Within Two Years]

[North Korean Government Expresses Satisfaction with Solar Group's Investment and Says It Looks for More Cooperation]

[Solar Group is…….]

[The Kaesong Industrial Complex is…….]

The back page was full of Solar Group and the Kaesong Industrial Complex.

Knock, knock.

Jeong-cheol Choi came in while Seong-ho Kim was looking over the newspaper.

"Seongjungwon are said to have begun work on the Ilhyeon Construction gift. And, Vice-Chairman."

Jeong-cheol Choi finished his report. He had been wondering about something the whole way here, and he put it to Seong-ho Kim.

"Is the Chairman paying the gift tax for the transfer of the Ilhyeon Construction stake? If he does, there will be a change in the Chairman's holding in Ilhyeon Group too, so should we not be getting ready for it……."

"There is no chance of that, so do not worry about it."

Jeong-cheol Choi was startled, and it was on his face as he put it to Seong-ho Kim.

"If the Chairman is not paying it, then Vice-Chairman Mun-jong Lee pays it……. But Vice-Chairman Mun-jong Lee has no cash now, does he?"

"You would know that, where I would not. Was there any cash in former Vice-Chairman Mun-jong Lee's hands?"

"It was all seized over the slush fund…

This chapter is for patrons only. Become a Patron to unlock this and more advance chapters!
To view this content, you must be a member of Rays Vault Patreon at $50 or more
Already a qualifying Patreon member? Refresh to access this content.
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted