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Sandstorm International Holding LCC (OPEN, No Posting)

A meeting place where national storefronts can tout their wares and discuss trade. [In character]
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Nanban-Ha
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Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Sandstorm International Holding LCC (OPEN, No Posting)

Postby Nanban-Ha » Sat Sep 10, 2016 5:06 am

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Overview
Sandstorm International Holding LCC is a semi-private investment and holdings company, partially owned by Northeast Interstate Conglomerate, headquartered in Burlington, United States of Lusatinia. Created in February 2020 following a negotiated acquisition of Shiramata International Holdings Inc. (SIH) and all its assets, the company moved its headquarter to settle in Portland, in Maine. A major reorganization of its assets took place at its new parent company. Sandstorm International Holding LCC's shares in the companies Vulture Technologie International Incorporated, Ethanol Drink and Prometheus Technologies passed into the hands of the conglomerate.

History : the Shiramata Period

At its origin,Sandstorm International was founded as Shiramata International Holdings Incorporated by some businessman from Nihon-Ha. It opens its very first office branch on 25 October 1972 in as a local state-run bank holding fund. After several years of development within the internal market Nihon-Ha, SIH opened several regional offices of the company abroad. After several years of development within the Nihon-Ha internal market, SIH opens a branch in Lusatinia in 1983, then in the rest of the Nihon Islands. In 1985, the first regional office of the company opened in Sikomata.
In 1999, SIH carries out its first major acquisition by opening a stake in Fonderas Bank for nearly NS$ 1,2 billion of assets. It specializes in the acquisition of companies in financiary difficulties. From the 2000, the company started to be very active on the banking and financial services market with the acquisition High Valley Financial Holdings in 2000 (NS$ 150 millions), Gold Credit Financial Inc. (NS$ 160 millions) and in 2001, Starlight Mountain Intelligence (NS$ 230 millions). In the runup to its planned initial public offering, on 7 March 2006, three "strategic investors" injected NS$357 millions into SIH : Imperial Central Bank of Nihon-Ha (ICB), Imperial Post Bank of Nihon-Ha (IPB) and North Crystal Holdings Inc. (NCH). In 2008, SIH raised at least NS$450 millions in Nihon Islands and another NS$290 millions in Lusatinia. Due to difficulty in the subscriptions, the placements were exercised and SIH's take rose.
At the end of its first day of trading, the holding company's shares closed up almost 15% at NS$3.52 in Nanban, compared with the listing price of NS$3.07, which was set at the top of the indicative range due to the strong demand. According to Noshiimotori, SIH's market capitalisation at the end of trade based on its Nanba shares was one of the hightest of the whole 2006 year.
In August 2008, SIH started to encouter some difficulties. Some of the "strategic investors" from 2006 started to withdraw their participation, bit by bit.
In February 2012, SIH attempted to acquire for NS$550 millions, 80% stake of Standard Bank Lusatinia and. But after six months of negociations, the offer was turned down. During the 2013 Shinrina crisis, SIH share value colapsed. It was announced at the end of July 2014 that the company existence was at stake.
Since then, Shiramata Holdings continue to face difficulties, despite limited several accomplishment. Using the massive annual surpluses from its reserves, Shiramata Holdings started since 2015 to invests in a wide variety of industries to try to counter its decline. It succeeded to buy some share into several companies of the Union Stock Exchange including Dragon Arms International Security (0.1%), Dyaas-Nildhelm Onderneming (25%) and Avrora Petroleum Corporation (2,5%). Other shares were acquires from IH Automotives and Excalibur Defense Ltd. Four companies were even bought by Shiramata : The Ethanol Drink company, Vulture Tech, Prometheus Technologies and for 90% of the shares, Achaian Traditions Jewelry Company.

Under new management : the Northeast Interstate Conglomerate takeover

In February 2020, on the initiative of the Northeast Interstate Conglomerate newly founded by a group of wealthy businessman from the North East of Lusatinia, Shiramata International Holdings Inc. was acquired, as well as all of its assets. The cost of the transaction is currently unknown, but there is no doubt that several hundred million dollars have changed hands. However, the difficulties encountered by Shiramata International and its subsidiaries in recent years had greatly reduced the company's funds and capabilities of acquisition. It is not excluded that the transaction which led to the acquisition of the company by Northeast Conglomerate was used to cover various mechanisms for the purchase of its debt by a third party, in particular due to the significant losses of several of its subsidiaries. In particular, the shares of IH Automotives and Excalibur Defense Ltd were sold in their entirety for the total sum of $80 million while the shares hold by Shiramata in the company Dyaas-Nildhelm Onderneming were bought back in exchange with a full reimbursement of the acquisition costs, representing a net gain of 670,175,000. At present, the sale of Shiramata's assets continues in order to regain cash and pay off the company's remaining debts.

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Current Headquarter building of Shiramata International Holdings Inc., for sale

The process of reorganizing Sandstorm International's activities was not limited to its assets in the markets. The company has considerably reduced its activities, closing most of its national, regional and local branches. Over 60,000 employees were laid off by Sandstorm or its subsidiaries. Today it only maintains offices in Burlington, Boston and Chicago, all in Lusatinia. The company's leadership has also completely changed. Isaac Baxter, Matthew Carter and Luke Barrett are the new faces of the company and seem to have great freedom of action to define the future direction et investments. However, the Northeast Conglomerate does not allow the three investors to act without supervision. To this end, Abby Armstrong, a young economist, graduate of Harvard and Yale, was appointed as Supervisor of the Board of Directors.


Last edited by Nanban-Ha on Wed Apr 22, 2020 10:00 am, edited 18 times in total.

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Nanban-Ha
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Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sat Sep 10, 2016 5:09 am

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Main Board Members
Chairman of the Board :
Isaac Baxter
Vice Chairman of the Board :
Matthew Carter
CEO & President :
Luke Barrett

Special Board Members
Supervisor of the Board of Directors :
Abby Armstrong


Last edited by Nanban-Ha on Sat Apr 18, 2020 8:45 am, edited 15 times in total.

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sat Sep 10, 2016 5:10 am

Current Financial Situation

Revenue: Data missing
Operating Assets: $750,175,000
Net Income: Data missing
Total Assets: $2,425,000,000
Last edited by Nanban-Ha on Sat Apr 18, 2020 8:42 am, edited 11 times in total.

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Nanban-Ha
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Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sat Sep 10, 2016 5:11 am

Investments & Shares

International Holdings and Shares



Last edited by Nanban-Ha on Sat Apr 18, 2020 2:19 pm, edited 16 times in total.

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sat Sep 10, 2016 5:11 am

Reserved
Last edited by Nanban-Ha on Sat Apr 18, 2020 8:32 am, edited 7 times in total.

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sat Sep 10, 2016 5:11 am

Reserved
Last edited by Nanban-Ha on Sat Apr 18, 2020 8:36 am, edited 2 times in total.

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sat Sep 10, 2016 5:11 am

RESERVED

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Sun Sep 11, 2016 2:09 pm

RESERVED

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Tue Oct 18, 2016 5:51 am

RESERVED

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Tue Oct 18, 2016 5:52 am

RESERVED

User avatar
Nanban-Ha
Envoy
 
Posts: 202
Founded: Aug 15, 2016
Inoffensive Centrist Democracy

Postby Nanban-Ha » Tue Oct 18, 2016 5:53 am

RESERVED


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