“Amazon Prime Day” is an Amazon super dealing period that has finally started. Here, I would like to introduce a bargain product of ELECOM, a peripheral device manufacturer, which is often taken care of. [Photo] Recommended ELECOM products list ・ Ultra -thin keyboard lifestyle changes, as well as satellite offices, co -working spaces, and even cafes. However, many people want to work on a full -fledged keyboard instead of laptops. In such a case, the thin keyboard “TK-FBP102SV/EC”, which weighs only 264g, should be a strong ally.・ USB Type-C Hub Hub Hub Hub Hub There are many machines that do not have an SD card slot or USB Type-A port. However, there are still many opportunities to receive an SD card containing photo data from a colleague or a friend, or give a USB memory containing documents. Even in such a case, if “DST-C12SV/EC” is included in the bag, you can extend the external terminal quickly simply by connecting to the USB Type-C port of the computer.・ Speaking of mouse mouse with track balls, most of the type that allows sensors to be placed at the bottom of the main unit and moves on the desk. However, it is hard to throw away the charm of a trackball -mounted mouse that enables detailed operation by rotating the ball firmly on the desk and rotating the ball with the thumb. Fortunately, ELECOM sells a trackball mouse with a gaming-grade trackball that can be selected for the color of the trackball and wired / radio.・ Power tap that extends the clip -type power tap outlet. However, it is honest that even if the number of outlets is large, it will not be used up, and it will accelerate the jumping on the desk. “ECT-1430BK” adopts a clip mechanism and is installed by sandwiching it between the edges of the desk, eliminating such troubles. The number of outlets is three, and the size that does not get rid of it is good.・ Balance ball A balance ball that allows you to train your experience by sitting on a little breath or instead of a chair. It is a little attention item to prevent back pain. ELECOM’s “HCF-BB65GY” is just a 65cm size, a handle for carrying, and an air case, so you can easily introduce a balance ball in your home.・ A mobile battery that can be widely used, from mobile battery smartphones to wireless earphones and cameras. Recently, the adoption of USB Type-C ports and high-speed charging have become commonplace. “EC-C03BK” has a large capacity of 10000mAh, and is equipped with USB Type-C and Type-A at a time. It also supports USB PD standards, and can charge the mobile gadgets on hand at a maximum of 20W.・ Fire TV Stick dedicated stand type adapter Amazon The streaming device “Fire TV Stick” series will usually be connected directly to TV, but may want to place it away. If the Fire TV Stick series is inserted into the “DH-FTHDL01BK”, it can be placed away from the TV, it can be installed in a place where Wi-Fi radio waves are easier to receive, and the wiring behind the TV. It’s 코인카지노 also refreshing and two birds with one stone.・ IPad 10.2 Inch case It is a case for a variety of iPad 10.2 inches, but if you look for something inexpensive and can store Apple Pencil, there may be unexpectedly appropriate items. “TBWA19RWVSABK” is equipped with a stand that supports two angles, and of course you can store Apple Pencil. It also supports auto sleep and auto wake, making it a product that is excellent in cospa but has no skiing.
After all, the largest beneficiary is Goldman Sachs
In the last episode of career, “The reason for the success of Chamisul I didn’t know,” I learned about the reason for the success of the masterpiece. In this part, we will talk about the release of Chamisul.
The conclusion is that you know. There is currently a liquor company called “Hite Jinro”. How did the career company, which won the No. 1 Korean soju market with Chamsle, was acquired by Hite while doing it?
If you haven’t seen the last one and two episodes, you can see the last three episodes more fun!
Part 1: Why is the first place in the soju industry? Https://brunch.co.kr/@junha04/85
Part 2: The reason you did not know the reason why you did not know https://brunch.co.kr/@junha04/87
Career in the financial crisis
In 1997, many companies lacked dollars due to the national foreign exchange crisis (IMF). When it was time to pay the dollar to the creditors, many companies were failed because they could not pay back the money.
Career also could not escape the big trend of the market of foreign exchange crisis. In April 1997, I would like to make a “reconciliation” to postpone the period of paying a debt of 520 billion won. Currently, we developed the No. 1 Chamisul, selling Jinro Courser, which has developed the first beer, to OB, selling whiskey company Jinro Valentine to French whiskey company Fernorika, and selling numerous other affiliates to prepare cash.
As the new product chamber was great, operating profit was also surplus.
At the same time, we asked the US Investment Bank called Goldman Sachs to consult with overseas capital to attract foreign capital and restructure. Until then, I didn’t know the career. Goldman Sachs will hit the most powerful back of career company history.
Goldman Sachs’s court management application
https://news.sbs.co.kr/news/endpage.do?news_id=n0311740566
If you look at the video of the article above, you can see the scene where the labor union of career opposes the acquisition of Hite’s career. When Hite acquires a career, Goldman Sachs is opposed to a trillion won, and the local wealth is leaked. What happened between the career and the Goldman Sachs, and why is the employees so strong?
In March 2003, there was a time to pay off the debt. Interest was able to pay back, but it was not enough to pay back the principal. So I will be investing abroad, so I asked the creditors to extend the debt.
Wait here! The creditors are organizations that have bonds. Bonds are borrowed, certificate rights. It means a certificate of borrowing money. Bonds are used to borrow a large amount of money from institutions or companies, not individuals. Bonds have the amount of money borrowed and the time to pay back. Anyone who lends money can receive interest on bonds.
But do you know where the largest creditors were? It was Goldman Sachs! Goldman Sachs had bought the insolvency of career several times and became the first creditors.
Goldman Sachs was grim. In April 2003, Goldman Sachs applied for court management. The court management decides whether the court will intervene between the company and the financial sector to go bankrupt or regenerate. The court begins a bloody fight between career and Goldman Sachs, whether the court accepts the Goldman Sachs’s court management application and starts court management.
Blood clots of career and Goldman Sachs for court management application
ROUND 1. Is it invalid to apply for court management?
In fact, the application for court management was not done by Goldman Sachs. Senainvests, located in Ireland, has applied for court management. Suddenly, why a company in Ireland will apply for a courtroom for career? As a result, the career confirmed this, and in November 2002, the Goldman Sachs was made in Ireland in November 2002, and in January 2003, Goldman Sachs transferred 87 billion won to Senainvest Monz, and in April of that year, in April of that year, Senainvests had applied for court management.
Career
“In this way, Goldman Sachs made a paper company, a ghost company, and commissioned a lawsuit. Indeed, the domestic Supreme Court case does not legally recognize these lawsuits. It is a trick to avoid the jurisdiction of the Korean court. Therefore, application for court management is invalid. ”
Goldman Sachs side claim
“On the other hand, Goldman Sachs is not a ghost because Senainvest Monz has a capital and a board of directors.
The court ruled that the Goldman Sachs claim was right.
ROUND 2. Did the Goldman Sachs break the secret agreement?
In April 1997, Jinro signed an advisory agreement with Goldman Sachs and signed a secret agreement.
Career
“Goldman Sachs bought our bonds at a reasonable price. That’s because we broke the secret agreement and used internal information inside our company. When we checked our internal information, it was because of the strong foundation of the company, so we could get all the bonds and the sale could be expensive. ”
Goldman Sachs side claim
“We did not secretly buy the bonds of the career. In the open bidding hosted by the Asset Management Corporation, he acquired a career and other companies’ bad debts. The purchase of bonds was used for public information, not the internal management information of the career. Lastly, Goldman Sachs has never been invested using the secret information of career because the advisory and investment departments are divided and information is not replaced. ”
The court also acknowledged the Goldman Sachs’ claim.
ROUND 3. Goldman Sachs deliberately prevented the career of the career?
In 1996, Jinro Japan ranked first among 86 diluted soju companies in the Japanese market, and was a good company 예스카지노 to rank first in the diluted soju market for seven consecutive years until 2004. Meanwhile, Jinro Japan was owned by Career Hong Kong, and Jinro tried to sell career Japan to secure cash. Suddenly, Goldman Sachs appears again.
Goldman Sachs has collected career Hong Kong bonds from 1998 to 2000. In other words, it is similar to lending money to career. In 2001, he asked for repayment of bonds, that is, to pay back the money. The career was hard to pay back the money, and the career Hong Kong went bankrupt. Goldman Sachs also seized trademark rights to career Hong Kong -owned career Japan, which could not sell career Japan.
Career
“Goldman Sachs interfered with the sale of career Hong Kong and Japan. And by applying for bankruptcy and seizure, the career was a dangerous company to invest. It is because of the Goldman Sachs that our company failed to rehabilitate, but it is unhappy that Goldman Sachs applies for court management. ”
Goldman Sachs side claim
“It was the right to apply for bankruptcy or Hong Kong to apply for bankruptcy and Hong Kong. And as I said earlier, we are divided into investment departments and advisory departments. So I was not trying to prevent careers from attracting overseas capital. ”
Again, the court also listened to Goldman Sachs.
The final decision of the court
“The career has paid 960 billion won in debt, but there are still 1.7 trillion won. In addition, operating profit rose about 100 billion annually, but it was a deficit for five years at the cost of interest payments. The size, method, and timing of the career claims that the career claims cannot be repaid the remaining debt even if there is no groundwork and successful data. Therefore, extending the period of paying debt at the request of a career infringes on the interests of the creditor. Therefore, we proceed with court management. ”
Afterwards, court management will be disclosed, and career paths will take M & A, or corporate acquisition process.
Fierce career acquisition competition and the highest price in Asia M & A
Doosan, Obi, Lotte, CJ, and Hite are hoping to acquire career.
Doosan has Doosan Liquor, so I tried to take control of the soju market through the merger of career. AB Inbeve, the largest shareholder of Obi Beer, was also working with the Korea Front, the second major creditors of career. Lotte CJ also formed a consortium with Japanese beer companies such as Asahi Girin Beer. Hite thought that the life of the future beer business was opaque when he was taken away by another company.
In the meantime, Goldman Sachs also operates a career ransom. Goldman Sachs announced that the company’s corporate value was 2.5 trillion won in April 2003, but on March 1, 2004, the company’s business value is $ 3.6 billion (3.6 trillion won). An article is published. Goldman Sachs, who had a stake in career, wanted to sell his career as expensive as possible. (But I wanted to find a real article from this Financial Times, but I can’t see it.)
Unlike the rivals of Korea Cable, Doosan, and CJ presented 2.8 trillion to 2.9 trillion won, Hite suggested 3.42 trillion won. This price was the highest price ever sold at the time. As a result, they will defeat other competitors and win the acquisition.
Monopoly
Hite was the No. 1 domestic beer company, and career was the No. 1 domestic soju company, so it was controversial that Hite’s acquisition of career was monopolized. He also officially expressed his position against Hite’s career in Hite’s competitor Obi. In addition, local soju companies also opposed that dinosaur liquor companies were born, making competition difficult.
There were many factors in concerns that the merger and acquisition of Hite and Jinro became monopoly.
First, Hite’s beer (57.9%) and career shochu (55.4%) market share will exceed 100%.
Second, Hite has a soju company called Hite Castle, with a market share of more than 50%in combination with career shochu.
In particular, the market share of soju in Jeonbuk is 93%, combined with 50.5%of career paths and 42.5%of Hite casting.
Third, both companies were manufactured by eating spring water and there was a monopoly on bottled water.
Fourth, even if shochu and beer are separate markets, the distribution network is similar, causing monopoly on distribution.
The Fair Trade Commission will announce whether Hite’s career is a monopoly.
First, beer and soju are not monopoly because they are separate markets. Beer and shochu are significantly different from raw materials, flavors, and frequencies, and different ages, gender and seasonal consumption patterns. Critical Loss Analysis, a quantitative way, is a separate market. In the EU, the United States, and the United Kingdom, there were cases where individual liquor was recognized as a separate market according to the difference in frequency.
Second, the market share of the soju market is 55.4%, but the market share of Hite casting is 2.5%, which makes it difficult to say that monopoly in the soju market is formed. Jeonbuk, where 50.5% of Hite casting accounts for 42.5%, does not occur monopoly when assuming various scenarios. (Please refer to the Fair Trade Commission’s data for more information.
Fourth, the eating spring is not monopoly at 16.7%, with 10.5% Hite with a 10.5% Hite.
On the other hand, the mainstream distribution network was determined that monopoly could be formed. There is a risk of raising the price of shochu and beer by using the strengthened market dominance, and it is possible to exclude other liquor companies by inserting the distribution network and selling them. So, in order to avoid monopoly on the distribution network, we allowed the acquisition under the following conditions.
First, the price increase over the next five years will be limited to the consumer inflation rate within the rate of inflation.
Second, when trading with liquor wholesalers, submit a plan to prevent unfair or compulsory transactions by using the status within 3 months and implement it for five years.
Third, it will separate the operating organization and manpower of both companies for five years.
Fourth, the production and sales volume of both companies should be reported to the Fair Trade Commission by semi -annual.
After that, as you know, Hite acquired a career and became Hite Jinro.
After all, the largest beneficiary is Goldman Sachs
If the career is acquired by Hite, the union employees are opposed to the acquisition, saying that the local government leaks to foreign capital. That’s right. The biggest beneficiary in the M & A process of career was Goldman Sachs.
During the foreign exchange crisis, the Korean economic situation was not good, so there were few subjects to buy the bonds of the career. Goldman Sachs bought the career debt of 1.46 trillion won for 274 billion won, 18.4%of the face value. Afterwards, I continued to sell bonds.
In addition, the more dangerous bonds, the higher the interest rate. The average interest of career bonds is about 10%, so I earned more than an investment amount with interest on bonds. In addition, he raised the ransom of career and sold it expensive to Hite. I don’t know the exact amount, but I invested about 300 billion won and earned more than 1 trillion. In some articles, there is a saying that it invested 3 trillion won by investing 200 billion.
Former Chairman Jang Jin -ho’s sad death
Jang Jin -ho was inaugurated as the second president of the career and established numerous affiliates. Suddenly, there were too many affiliates, and I was illegally illegally due to the foreign exchange crisis.
Four subsidiaries, including career construction, which has fully eroded, unfairly supported 600 billion won to affiliates without the approval of the board of directors, and was imprisoned for 2 years in prison for charges of fraudulent loans of more than 550 billion won in financial institutions. I am sentenced to five years of probation.
In the meantime, the career went to court management. Former Chairman Jang Jin -ho transfers 119,9474 shares (8.14%) of career stocks to the ‘Career Saving Movement Headquarters’ and retires from the front line. In accordance with the court’s arrangement of the plan, 1,19,9474 shares (8.14%) of the career shares, which Jang had, became a piece of trash, and his property was also seized by the court.
Before the end of the probation, former Chairman Jang escaped to Cambodia when the reinvestigation of the slush -sized 7.5 billion embezzlement began. I have been working abroad for 10 years with the suspension of prosecution, that is, the investigation of the case. Tens of billions of dollars worth of taxes were delinquent, so I could not enter Korea. I operated banks, real estate developers, and casinos, but I did not achieve results. In 2015, 63 years old in Beijing dies at a heart attack at an early age.
At the end of the article
Finally, I finished the final part of the career company review. In fact, I posted a career article in April 2021 and ended in a year and five months. In the meantime, it took so long after doing other things such as development days, cartoons, and recording. It took a long time, but it’s good to do it in the end.
As I reviewed my career, I felt that there were many interesting stories I didn’t know in the mainstream company. Perhaps the next part will review Hite and Obi. After completing reviews about large companies, I want to review a little smaller.
Then please wait for the next one. Thank you for reading this far!
And I uploaded the same content on YouTube. I explained it in a cartoon picture, but if you are interested, please come to see!
https://youtu.be/_hgxea9FBEO
Reference source
http://www.ohmynews.com/nws_web/view/at_pg.aspx?cntn_cd=A0000120258
https://www.donga.com/news/economy/article/all/20030422/7937054/1
[[Goldman Sachs Tax Investigation] Earn 2 trillion won for 5 years… Tens of billions of taxes paid>
https://www.hankyung.com/news/article/2007050144921
https://www.Pressian.com/pages/articles/24149?no=24149#0dku
https://www.hitejinro.com/company/global.asp
http://www.riss.kr/search/detail/detailView.do?p_mat_type=Be54d9b8bc7cdb09&control_no
https://www.sisajournal.com/news/articleView.html?idxno=141181
http://www.hani.co.kr/arti/economy/economy_general/51623.html
http://www.ftc.go.kr/www/cmm/fms/fileWorkdown.do?atchfileURL=/data/hwp&atchfilenm=20080519_104290.hwp
http://www.ftc.go.kr/www/cmm/fms/fileWorkdown.do?atchfileURL=/data/hwp&atchfilenm 2597%25852-1.HWP