191. Chapter 185 New Asia Media Real Estate Listing



In addition to the three major wireless TV stations and the three major newspapers, Naver, Daum, Yahoo Korea and inschool all sent reporters on the scene.

In this press conference, Prosecutor Yu Seok-ik from the Seoul Central District Prosecutors' Office became the absolute focus.

Perhaps because he attached great importance to this press conference, his personal image has undergone a significant change. In the past, Le Xiyi has always been keen on wearing dark-colored, elderly-style clothes. Today, he actually wore a fresh outfit, a light beige casual suit, paired with a sea-sky blue shirt, and his pockets were embroidered. The overall image was refreshing and looked a lot younger.

Song Yi was watching today's press conference attentively. Son Ye-jin, wearing a white sports vest and shorts, brought washed grapes and sat directly next to Song Yi.

Son Ye-jin thoughtfully fed Song Yi a grape and watched Le Xiyi on TV. "This prosecutor Le Xiyi looks very capable."

Song Yi pulled Sun Yezhen's long white legs and tickled the soles of her feet. Sun Yezhen couldn't help laughing and leaned back on the floor. Because she was wearing shorts, she almost exposed herself.

Son Ye-jin noticed Song Yi's look and felt a little shy, "Oppa, why are you looking at me like that?" Her voice got smaller and smaller, "It's not like I didn't see you last night."

The apartment where Song Yi and Son Ye-jin currently live is the most expensive luxury apartment in Seoul. It is the I-Park apartment located in Samseong-dong, Gangnam-gu.

There are three buildings in Samseong-dong I-Park Apartment, ranging from 30 to 46 floors. The apartment covers an area of ​​33,000 square meters, with a total construction area of ​​29,600 square meters. The area of ​​a single apartment ranges from 181 square meters to 343 square meters.

Although it is a new building opened this year, the price per square meter is 12 million won (72,000 RMB). The only two 343-square-meter penthouse duplex apartments are priced at more than 4 billion won.

Ipark Apartment is a real estate project of Hyundai Industrial Development Group. South Korea's wealthy class has emerged from the financial crisis of 1997.

During these five years, the rich got richer and the poor got poorer, wealth was concentrated in the hands of the top 1% of the high-income group, and a large number of new millionaires were created.

In order to meet the housing needs of these emerging wealthy people, Modern Industry Development Group spent a lot of money to build the Ipark apartment project. This luxury apartment introduces the concept of hotel-style management and home-style service.

Song Yi originally planned to buy both 343-square-meter penthouses, but in the end, he only bought one for Zhou Mengkui's sake. When Son Ye-jin stood on the balcony of the penthouse, overlooking the dazzling night view of Samseong-dong, she was sure that this house was her dream house.

Song Yi remembers that the Ipark Apartment in Samseong-dong has ranked first in the price per unit of luxury homes in Seoul for many years, and many popular artists live here.

For example, Jun Ji-hyun later bought a 175-square-meter apartment here and later sold it for 6 billion won. Some members of Girls' Generation and EXO also chose to buy property here.

Song Yi stopped teasing Sun Yezhen and pulled her to sit in his arms. "Le Xiyi is not only very capable, but also very ambitious. He is like a ferocious hound, but he must always know who is the master."

Son Ye-jin completed her transformation from a girl to a woman in this luxury apartment last night, but she has no regrets. Song Yi is a seasoned man who pays great attention to women's feelings and gave her a good first experience.

"Isn't it good for men to have some ambition? Men conquer the world, and women conquer men. Having you is equivalent to owning the whole world." Son Ye-jin said sweet words.

"Everyone is a unique individual. You belong only to yourself and not to anyone else. Most of the distress in relationships comes from giving too little and asking for too much. When two people are together, you have to learn to provide emotional value to each other."

"If you want to leave me in the future, find someone to marry. Yezhen, please remember, don't just pay attention to how much money he has. The most important thing is to see whether he is an emotionally stable man." Song Yi reminded Sun Yezhen.

"Oppa, I don't want to leave--" Before Son Ye-jin could finish her words, her mouth was blocked by Song Yi, and the two of them had a sweet and passionate kiss.

"I am a pessimistic realist and I never believe in forever. I can give you everything you want, but there are some things I am destined not to give you. When you become more famous and richer, your thoughts may change and you may not be willing to share your feelings with others."

"If it really comes to this, then I only have one request. Let's part ways in peace. After all, we've been together before, so don't be so embarrassed. Don't worry, I will never treat you unfairly."

"When you win any of the three major awards for Best Actress, this apartment will be transferred to your name. I can't give it to you now because your current income is not enough to buy this apartment. I don't want you to bear the bad reputation of being kept by someone. Believe me, I care about your reputation more than you do." Song Yi said sincerely.

Son Ye-jin looked at the mysterious man in front of her, and he attracted her like a magnet. Even though she knew he had a partner, she still fell in love with him like a moth to a flame.

She sighed inwardly, it was a pity that this man was too rational. Even though she could feel Song Yi's infatuation with her, he still blocked her possibility of getting promoted without hesitation. Sure enough, love-brained people are incompatible with chaebols. In Korean dramas, the chaebol young master fell in love with the Cinderella from an ordinary family. It was all a lie, right?

The press conference was still going on. Le Xiyi had obviously made sufficient preparations for the conference and answered many of the reporters' questions about the case.

The original head of the investigation team in charge of investigating the Hwaseong serial murders, Officer Ha Seung-kyun, also appeared at the press conference. He has been involved in the investigation since the fourth case. Compared with the extremely active Le Seok-ik, Ha Seung-kyun seemed unusually quiet.

At this time, the on-site reporter of InSchool gestured to raise his hand to ask questions, and Le Xiyi gestured for him to ask questions with a smile on his face.

The young male reporter did not play by the rules. He turned his gaze to Ha Seung-kyun and said, "Officer Ha, I have read the interview reports about you. You have said many times before, 'If I catch him, there is no need to go to court. I will deal with him myself.'"

He raised a question that everyone is concerned about, "Officer Ha, since the mass execution of 23 criminals in 1997, no criminal has been executed in South Korea in the past five years. The death penalty seems to be dead in name only."

"Do you think it is necessary to execute a vicious and inhuman murderer like Li Chunzai?" The male reporter asked the question that everyone was most concerned about.

Le Xiyi realized that something was wrong, but before he could speak to stop him, Ha Shengjun expressed his point of view clearly, "Of course it is necessary. For a scum like Li Chunzai, it is God's business to forgive him, and our mission is to send him to see God and let him repent before God!"

Ha Seung-kyun's words caused an uproar among the media at the scene. The current mainstream opinion in the judicial community is to abolish the death penalty. The South Korean National Assembly is preparing to revise the law to set the maximum sentence for intentional homicide as life imprisonment. Life imprisonment is not equivalent to life imprisonment, and it is not possible to obtain a commutation of sentence and be released early from prison.

Now the United Nations Human Rights Council is preparing to include South Korea in the list of countries that have abolished the death penalty. Zhong Xiaotong won the Nobel Peace Prize for promoting dialogue between the North and South on the peninsula and improving the human rights situation in South Korea.

If the Korean people, like Ha Seung-gyun, firmly demand the execution of Lee Chun-jae, who are they slapping in the face? South Korea has always advocated integration into the mainstream Western society and the alignment of values ​​with those of European and American countries. The United Nations Human Rights Council has also been urging South Korea to ratify the Second Optional Protocol to the International Covenant on Civil and Political Rights, aiming at the abolition of the death penalty, a major international human rights instrument.

Le Xiyi couldn't help but blame the inschool reporter for being ignorant. How could such a question be asked during a live news broadcast? Aren't you causing trouble for your Chairman Song? Not only Le Xiyi saw it, but Son Yejin also saw it. She looked at Song Yi worriedly, "Oppa, did you arrange this reporter's question?"

Song Yi shook his head. Now that New Asia Media Real Estate was about to go public, there was no need for him to cause trouble for Zhong Xiaotong at this time. This was the first time that an inschool reporter participated in reporting major news, but the male reporter's actions were destined to not please the superiors.

Not long after, Song Yi received a call from Li Xiangda, "Song Yi, did you instruct this inschool reporter to ask this question?"

Song Yi was silent for a while, "Uncle Li, even if I say now that it was not my instruction, you may not believe it, right?"

Li Xiangda understood what Song Yi meant and sighed, "Song Yi, don't think that just because inschool has tens of millions of users, you can play with the Western freedom of speech. If you do this, the next government is bound to restrict or even take back inschool's news editing rights."

"Uncle Li, most of the time I don't like journalists either. But some journalists in South Korea are also the last conscience of South Korea. Some journalists have the professional ethics of 'rather die than without the truth'. They dare to speak out, dare to report, and never hesitate to pursue the truth. Although I don't agree with his approach, I respect his work." Song Yi said.

When Li Xiangda heard Song Yi say this, he felt angry and amused. "Song Yi, don't be so idealistic, okay? According to what you said, not only will you not fire this reporter, but you will regard him as a hero?"

Song Yi frowned, "Although I don't know the name of this reporter yet, since he has joined Xinya Network, he is an employee of our Xinya."

"If he violates the labor contract, the Employee Code of Conduct or the law, we will of course choose to terminate the contract with him. He is just asking a question that everyone cares about on behalf of the public, and some people are asking me to fire this reporter. I would like to know who can make the decision for Xinya on my behalf?" Song Yi said in a firm tone.

Because Song Yi is relatively young and is the third generation of a modern family, some people who have been in high positions for a long time tend to overlook Song Yi's huge influence in South Korea's political and business circles, and tend to act like they are educating the younger generation.

Li Xiangda saw that Song Yi was very tough, and he was willing to protect the reporter even if it would delay the listing plan of New Asia Media Real Estate. "I understand. This matter is not a small matter, but it is not a big matter either. We are all old people who are about to retire. Shouldn't we leave this trouble of Li Chunzai to the next government to deal with?"

"By the way, the reporter who asked questions on behalf of inschool today is called Kim Min-sik. He used to be a reporter for MBC and was a notorious troublemaker. Because one of his reports was rejected by the president of MBC, he left MBC in a rage and joined inschool. If you are willing to take in such a tough guy, you will be annoyed in the future." Li Xiangda said gloatingly.

Song Yi disagreed. "For a reporter, being tough is a compliment, isn't it? It at least shows that he won't be bought by money. If South Korea had more such tough people with conscience, the country would have more hope, wouldn't it?"

Li Xiang on the other end of the phone shook his head. He was just acting as a lobbyist for some people in the government. Now that he had found out Song Yi's attitude, there was no need to waste any more words.

Lee Sang-dae laughed at some people in the government for not recognizing the situation. Song Woo-seok's current poll results are comparable to Lee Chang-hui's. Song Yi was able to send Park Dong-ho to the mayoral seat of Seoul. How do you know that Song Yi cannot send Song Woo-seok to the Blue House?

Song Woo-seok and Park Dong-ho are both leaders with outstanding charisma, but they both have the weakness of not understanding economics.

Song Yi is known as Song Woo-seok's economic adviser. As the next head of the government's economic department, Song Woo-seok will definitely attach great importance to Song Yi's advice, including the Financial Services Commission of Korea, which is in charge of the securities industry.

You are now blocking the listing plan of New Asia Media Properties. Having obviously offended Song Yi, you still hope to continue to be in charge of the important department of the Financial Services Commission of Korea. Isn't this just wishful thinking?

Zhong Xiaotong feels that he is the second most accomplished president in South Korea's history, second only to Zheng Puxi, who created the Han River Miracle.

He led South Korea out of the Asian financial crisis in 1997. According to the forecast of the Bank of Korea, South Korea's GDP growth rate will exceed 6% in 2002. Although it is not as high as China, it is far ahead of its neighbor Japan.

Moreover, the strategy of "building a nation on culture" proposed by Zhong Xiaotong has also promoted the prosperity and development of South Korea's cultural and entertainment industry, as evidenced by the popularity of the Korean drama "Winter Sonata" overseas.

In terms of foreign policy, he achieved reconciliation on the peninsula. He was also the first South Korean leader to visit the North Korean capital of Pyongyang, and the two sides also issued the "North-South Joint Declaration."

No matter which of these cases is taken individually, they are all outstanding achievements. Just as he was about to retire gloriously as president, Song Yi was going to stir up another trouble with the Li Chunzai case.

Zhong Xiaotong really disliked Song Yi. Although he had only met Song Yi once before the opening ceremony of the World Cup, that meeting gave him a bad impression. For Zhong Xiaotong, he felt that Song Yi was not very obedient, so it was difficult for him to truly regard Song Yi as his own.

Zhong Xiaotong's two nephews, Zhong Heng and Jin Yingmin, have both dealt with Song Yi, and they have different opinions on Song Yi. Zhong Heng said that Song Yi is a typical chaebol descendant who relied on the power of his modern family to snatch the actress Song Hye Kyo from his Au Entertainment.

Jin Yingmin praised Song Yi as a very good investor with outstanding investment vision and business vision. The acquisition of Yijiang Entertainment by New Asia Films also proved this.

When Song Woo-sik won the Millennium Democratic Party's internal election, Zhong Xiaotong tacitly allowed Song Woo-sik to win over the various factions of the Millennium Democratic Party. Only if Song Woo-sik is elected president and the progressives are re-elected can he ensure that he will not be liquidated after he steps down. He also hopes to use his reputation to exchange a stable landing for his three sons so that he will not lose his reputation in his later years.

Zhong Xiaotong had also heard that New Asia Media was preparing to apply to run South Korea's second private wireless television station, and he felt a little worried for Song Yuxi.

Inschool's reporter Kim Min-sik is obviously a bit heartless. If all Shin-A TV stations are people like Kim Min-sik, when the next government breaks out negative news, he doesn't believe Shin-A TV stations will choose not to report negative news about Song Woo-seok.

If Song Woo-seok found out that the New Asia TV Station, which was successfully applied for during his tenure, became the first domino to topple him, the expression on Song Woo-seok's face would definitely be interesting.

Zhong Xiaotong now realized that before Song Yuxi was elected president, Song Yi and Song Yuxi were close comrades-in-arms. No matter how much he suppressed Song Yi, it would be useless because Song Yuxi would definitely protect him.

But once Song Yuxi is successfully elected, those who support Song Yi will start to divide the cake. These people will fight for the positions of various ministers in the new government and the adjustment of economic policies.

The more say Song Yi has in economic affairs in the next government, the more likely he will be hostile to other factions around Song Yuxi.

After all, there is only so much of the cake. If they can alienate the relationship between Song Yi and Song Woo-seok, and keep Song Yi away from the Blue House and become a businessman away from politics, then the economic power of the next government will still be decided by them. After all, Song Woo-seok doesn't understand economics!

Thinking of this, Zhong Xiaotong has already figured out how to deal with Song Yi. He now feels that there is no need to hold up the listing plan of New Asia Media Real Estate, but instead he should add fuel to the fire.

He asked his secretary to call the heads of the Financial Services Commission and the National Pension Service of Korea and began to assign tasks to them. Although his subordinates had some doubts, they still did as he was told.

On November 23, 2002, the Financial Services Commission of South Korea announced that the asset restructuring of Shin Asia Media Real Estate Group through backdoor listing of Shinhan Media was approved. Shinhan Media's stock was resumed.

At this point, all obstacles to the listing of New Asia Media Real Estate have been cleared, and only the newly added shares of New Korea Media are waiting to be listed.

The number of new shares of Shinhan Media this time is 200 million shares, which is the number of shares issued to purchase assets in the major asset reorganization.

The new headquarters building of Xinya Media Real Estate Group has been fully renovated, and all business departments and subsidiaries of Xinya Media Real Estate Group have moved to the new headquarters building for centralized office work.

Song Yi held an internal celebratory reception in the new building, and the CEOs of all subsidiaries of New Asia Media Real Estate Group were present.

Among them are Zhou Mengkui, president of Xinya Construction, Zhou Xiuxian, chairman of Xinya Real Estate, Mao Daqing, general manager of Xinya Real Estate, and Zhou Zhiyi, general manager of Xinya Real Estate Puhai Branch. These are the executives of the real estate business.

There are also Chen Zaican, president of Shinhan Media, Liao Yu, general manager of Shin Asia Advertising Yanjing Branch, and Zheng Yiping, general manager of Shin Asia Advertising Puhai Branch. They are the executive team of the advertising and media business.

There are also Shinya Entertainment President Kim Hee-won, Shinya Music President Gil Jong-hwa, Shinya Films President Kim Woo-taek, and Barunson Entertainment President Kim Min-sook.

In addition to these executives, almost all the artists under New Asia Media Properties were also present, including Jun Ji-hyun, Son Ye-jin, Lee Hyo-ri, Kim Jong-kook, Sung Yu-ri, Moon Geun-young, Yoo Jae-suk, and even Song Hye-kyo flew back from Japan to attend the cocktail party.

By the way, directors Kwak Zairong, Bong Joon-ho, Min Byung-cheon and “Dae Jang Geum” screenwriter Kim Young-hyun also attended the reception.

In fact, this was mainly an internal celebration party for the New Asia Media Properties Group, but Pacific Amorepacific Group Chairman Xu Guoxun, Asan Group Chairman Zheng Enxuan, Samsung Everland President Chen Fuzhen, Jeju Development Corporation President Kim Hak-jung, and Colorful Butterfly Art Museum Director Song Suying were all invited to attend the party.

As the hostess tonight, Kim Tae-hee appeared elegantly in front of everyone in a red long dress. Her beautiful eyes were charming.

Jun Ji-hyun and Song Hye-kyo huddled together. Jun Ji-hyun looked at Kim Tae-hee, who was leaning against Song Yi, and whispered, "You are wearing such beautiful clothes. Are you protesting to someone?"

Song Hye Kyo had long given up the idea of ​​competing with Kim Tae Hee. She pouted in the direction of Son Ye Jin and said, "That is our president's new love. I heard that she lives in the top floor of I-Park Apartment. This Sun Fairy is not an easy person to deal with. She makes our president keep a beautiful girl in his golden house."

Jun Ji-hyun suddenly stopped envying Kim Tae-hee who was enjoying the glory of the day. "In fact, our chairman's wife has a hard time too. Even if she gets rid of us, there will always be younger and prettier women trying to shake her position as the first wife."

Kim Tae Hee is chatting with Chen Fuzhen, Song Suying and Choi Sunji. As Song Yi's status improves, Kim Tae Hee has gradually transformed from an actress to a wealthy lady.

When the New Asia Media Real Estate Group went public, she and Chen Zaican and his wife were both beneficiaries. She previously held 7.5% of the shares of New Korea Media. When New Asia Media Real Estate went public, she also became a listed shareholder of New Asia Media Group.

Song Suying looked at the beautiful women in the party and couldn't help but remind Kim Tae-hee. "Tae-hee, no matter how rich Song Yi is, you still need to have your own career. Didn't Song Yi buy you a piece of land in Yongsan District? In fact, you can start planning to build an art museum now. New Asia Media Real Estate has gone public, and Song Yi doesn't need this little money anymore."

Once New Asia Media Real Estate is listed, the company's total market value will exceed 5 trillion won. Song Yi's apparent shares exceed 40%, making him the largest shareholder of New Asia Media Real Estate. The market value of this part of the shares alone is more than 2 trillion won (about 12 billion yuan). It is really a small matter for Song Yi to use some of his private money to support Kim Tae-hee's private art gallery.

Kim Tae-hee certainly knew that Song So-young had good intentions. "I hope to make this art museum a landmark building in Yongsan District. So I plan to cooperate with Zaha Hadid Architects, which previously won the bid for the design of the Wangjing Center office building of New Asia Real Estate."

Chen Fuzhen was invited to attend the party because Samsung Everland is one of the 10 targets of Shinhan Media's private placement. Samsung Everland will also become one of the shareholders of Shinya Media Real Estate Group in the future.

Among the 10 investors of Shinhan Media, five are Korean companies and five are overseas investors. The five companies are Asan Group, Hyundai Group, LG Group, National Pension Service of Korea and Samsung Everland, while Lotte Group is out.

The five overseas investors are Blue Ocean Capital, IDG Capital, Softbank, NetEase and The Li Ka-Shing Unity Discretionary Trust. The last one is Li Chaoren’s family trust. Sequoia China originally wanted to participate in the new Korean Media’s private placement fundraising, but was eventually replaced by Li Chaoren’s family trust.

Song Yi coveted the high-quality plots of land that Li Chaoren had hoarded in the mainland. If New Asia Media Real Estate Group wanted to continue to deepen its real estate business in the mainland, Hutchison Whampoa would also be an alternative partner. Fortunately, Song Yi had already dealt with Li Zekai when he bought Penguin shares. The Li family was also optimistic about the development prospects of New Asia Media Real Estate Group, so they participated in the fixed increase fundraising plan of New Korea Media.

Chen Fuzhen doesn't know why Song Yi agreed to Samsung Everland's participation in Shinhan Media's private placement fundraising plan. Does he need to borrow the Samsung family to offset the pressure from Lotte Group and SK Group?

Because according to the original plan for raising funds through private placement, the shares of the National Pension Service of Korea and Samsung Everland should be left to Lotte Group and SK Group.

Chen Fuzhen walked up to Song Yi with a glass in hand and clinked glasses with him. "Congratulations! New Asia Media Real Estate Group has successfully gone public. This is also the first listed company of New Asia Group. It's a good start. I believe that more and more New Asia Group companies will be listed on the stock market in the future."

In Chen Fuzhen's view, many of the corporate businesses of New Asia Media Properties Group can actually be split out and listed separately, such as the advertising business of New Asia Media Properties Group, New Asia Pictures, etc.

"Thank you. I hope you can bring me good wishes." Song Yi and Chen Fuzhen clinked their glasses.

"Why did you choose Samsung Everland? Is it because of me?" Chen Fuzhen lowered her voice.

Song Yi smiled. Chen Fuzhen couldn't help but be curious. "I would rather choose Samsung Everland than Lotte Group. I believe you can control Everland, just like the achievements you made in Shilla Hotel. Blue Ocean Capital Fund has increased its holdings of Samsung Everland shares in the Korean stock market, and they will seek a seat on the board of directors. Blue Ocean Capital is my ally, and naturally your ally as well. They trust your management level very much."

On November 28, Song Yi celebrated his 26th birthday. Liao Yu stayed in Seoul to celebrate Song Yi's birthday.

On the same day, Shinhan Media completed its listing on the new stock market, with an additional 200 million shares.

On December 8, New Asia Media Property Group held a reorganization, renaming and listing ceremony at the Korea Stock Exchange, and New Asia Media Property Group officially landed on KOSPI. After New Asia Media Property Group went public, New Asia Media's stock price rose for seven consecutive trading days, with a share price of 36,000 won. New Asia Media Property Group's total share capital is 210 million shares, and its total market value is 7.56 trillion won. It has surpassed Eshan Group and become one of the top 30 companies in South Korea's stock market by market value. Song Yi has no time to care about the growth of his personal paper wealth. According to the currently disclosed shareholding data, the total value of Song Yi's shares in New Asia Media Property Group exceeds 3 trillion won.

He is already among the top three richest people in South Korea. Only Chen Jianxi of Samsung and Gu Bonsheng of LG are ahead of Song Yi. Now the suspense left to the Korean people is when Song Yi can replace Chen Jianxi and officially become the richest man in South Korea (end of this chapter)

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