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Chapter 2312 progress

Taeyeon and Yoona were going to leave in the morning, but later they postponed until noon and helped them make lunch before leaving.

By the way, I left a recipe for Park Ji-hoon.

Forget it in the first two episodes, just treat it as their running-in period. Starting from the third episode, the guests, adhering to the original work, accepting orders, and Park Ji-hoon cooks in person.

I can't learn it, so I do it according to the recipe.

As long as he is careful, he can basically make it not bad. He is not a cooking idiot and has had experience living alone.

In fact, the foods that appear in various programs may not be really delicious, most of them are just the performance of the program.

The guest invited Kim Yeon-ah in the third episode.

Although Park Ji-hoon had no contact with her, he admired her very much.

The first female singles Grand Slam winner in the history of Korean figure skating to combine the Winter Olympics, World Championships, Grand Prix, Finals, World Youth Championships, and World Youth Championships. It is not an exaggeration to say that she has created a new chapter in Korean figure skating.

Park Ji-hoon looks down on the sports circle in South Korea, so even though he bought Liverpool Football Club and was one of the shareholders of the Boston Red Sox baseball team, he rarely cooperated with the sports circle in South Korea.

South Korea's sports circle is more closed than the entertainment circle, and its ecological environment can be imagined.

Even if the entertainment industry is banned by a certain TV station, it can at least go to competitors or online media. If it is denied in the sports industry, it will not even have the qualification to play. What are the future developments?

This also leads to the unscrupulousness of some people.

In addition, the overall South Korean society is filled with an "extremely utilitarian" mentality, which is also even more over-executed in the sports circle.

Just like Park Tae-hwan, there is no need to say that he was in the glory. Later, during the suspension, all attacks from the outside world were understandable, but he couldn't find a swimming pool to train!

Do you really think that's his own business?

And Kim Yoon-ah, even though she has retired, was still taken to participate in various activities by the people above, and she did not give her room to refuse.

As for those exposed, not to mention the corruption and bullying incidents that have not been exposed.

Therefore, people in the sports circle were excited to come to seek cooperation, but he refused.

If you agree, you still don’t know what tricks these people will play!

After being rejected, no one of those people dared to stand up openly and accuse him from behind the scenes!

If you act correctly, you don’t have to be afraid of the power of the prosecutor in his hands.

However, these did not affect his appreciation or even admiration for Kim Yoona, and he also liked Kim Yoona's figure skating performance.

This time it was also considered a "dream fulfillment".

...

Such a few days have passed.

During this period, Song Yuqi completed the preliminary shooting of "Queend", and returned to Jeju Island. She practiced her dance hard every day in her spare time to prepare for the official shooting of the program one month later.

The program gradually got on track.

News about N.E.W's acquisition of Jeju Airlines and ISDAY has been on the hot search for several consecutive days.

After Park Ji-hoon personally gave a note to the Jejudo government, negotiations for N.E.W to acquire Jeju Airlines went smoothly.

Although Jeju Airlines is the largest low-cost airline in South Korea, its business operations are hard to describe.

According to the N.E.W survey, Jeju Airlines' equity capital so far is 218.4 billion won, but its total debt is 938.3 billion won, and its debt-to-asset ratio is as high as 430%!

And the debt scale is still expanding.

It is calculated that Jeju Airlines needs to repay short-term loans within one year are 165.6 billion won, and together with the long-term loans that are about to expire, they need to repay 174.9 billion won within one year. In addition, Jeju Airlines also needs to repay 127.6 billion won aircraft rental expenses within one year, and the total rental debt reaches 351.2 billion won... It is basically in a precarious state.

If N.E.W does not care about its means, it can actually easily keep Jeju Airlines' price down and even force it to go bankrupt.

Jeju Airlines' major shareholder Aijing Group is South Korea's largest daily chemical listed company, and its focus is not on this field. Its core field has a lot of cooperation with N.E.W, and the Jeju Do government mediated it, so the negotiation atmosphere between the two sides is pretty good.

As for ISDA Air...it's hard to describe.

The low-cost airline was originally founded by local governments and is owned by Shinmanjin Tourism Development, a subsidiary of the South Korean Investment Commune. Other shareholders include Jeonbuk Bank and the local government of the Geunsan Municipal Government under Jeonbuk North Dock.

Because of the investment in Jeolla North Doi, the company has a very deep local color, and the entrusted non-humanity, so it has been poorly managed.

As the main founder and highest decision-maker, Lee Sang-ji, a co-Democratic MP, not only did not manage it with care, but instead secretly tried to privatize it!

Li Xiangji made the "Isda Holdings" company, which his children completely controlled by selling stocks at a low price, swallowed 39.6% of the shares of Isda Airlines!

Since the beginning of this year, ISDA Air's performance has deteriorated further and is on the verge of bankruptcy, but Li Xiangji's response is to fire employees and owe employees' wages!

According to N.E.W's survey data, ISDA Airways owes employees a maximum salary of 25 billion won!

Li Xiangji's behavior has long aroused dissatisfaction among employees and local people. This year, the act of expelling employees has become the fuse and finally broke out.

The prosecutor has begun an investigation.

For N.E.W, it is easier to acquire ISDA Airlines.

Li Xiangji has promised to return all of his family's shares in ISDA Airlines through ISDA Holdings.

The North Jeolla government also welcomes N.E.W to take over ISDA Airlines.

At present, the two parties are officially discussing details such as price and shares, which is much faster than the acquisition of Jeju Airlines.

However, N.E.W's acquisition also faces other problems.

Previously, N.E.W intends to acquire Asiana Airlines, which is poorly managed, but is scared away by the Lion of the National Pension Corporation.

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The National Pension Corporation did not expect that N.E.W did not bargain, but instead switched to acquire Jeju Airlines and ISDA!

Their original intention was not to scare N.E.W. The reason why they quoted such a high price was actually to invest in N.E.W.

The National Pension Group is an institution that operates the National Pension (pension), which holds shares of almost all consortiums such as Hyundai, Samsung, Hanjin, SK, GS, LG, Lotte, Doosan, Hanwha, etc., and many of them are major shareholders.

Among the top 100 companies in the Korean stock market, 47 companies with more than 5% of the shares held by the National Pension Corporation! M and YG are not ranked on their investment list!

Seeing that N.E.W is single, Park Ji-hoon would also dislike him.

He is not so resistant to the National Pension Corporation. Everything has its pros and cons. Just like in order to consolidate the status of "Prince" Lee Jae-yong, the National Pension Corporation promoted the merger of Samsung Products and the First Wool Weaving, which was the National Pension Corporation that protected it.

There were many opponents at that time, especially the US hedge fund Elliott, which holds 7.12% of Samsung Products' shares. He believed that Samsung deliberately underestimated the share price of Samsung Products when operating the merger, which damaged Samsung Products' shareholders, and the former first wool-woven shareholder (Lee Jae-yong) benefited.

Elliott is still suing the South Korean government for this matter.

The National Pension Corporation, which holds 11.21% of Samsung Products' shares, supports the merger, and it is not an exaggeration to say "protect it."

This proves that at critical moments, the National Pension Corporation can make great efforts!

Not to mention the various conveniences brought by its background.

He has always refused, but it is not just waiting for a price.

It is not the entire N.E.W Group, but the N.E.W e-commerce. Anyway, it has decided to go public, so it doesn’t matter if you introduce one more shareholder, as it can balance the relationship between all parties.

Now it seems that the time is ripe.

Chapter 2312 Progress

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