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Post by Macmoish on Feb 7, 2012 15:52:38 GMT
No idea what it means (if anything) and I haven't purchased the documents QPR HOLDINGS LIMITED 07 Feb 2012 New Company Document Available Form: CC04 - STATEMENT OF COMPANY'S OBJECTS Purchase a copy of this document for £4.99 + VAT New Company Document Available Form: AP01 - Appointment of Director DIRECTOR APPOINTED SUDHIR MAHESHWARIPurchase a copy of this document for £4.99 + VAT New Company Document Available Form: AP01 - Appointment of Director DIRECTOR APPOINTED MR AMIT BHATIAPurchase a copy of this document for £4.99 + VAT www.CompaniesInTheUK.co.uk
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Post by Macmoish on Feb 7, 2012 15:53:01 GMT
If you look online Sudhir Maheshwari Non- Executive Director of ArcelorMittal South Africa Born in South Africa Sudir Maheshwari is the Non- Executive Director of ArcelorMittal South Africa, since November 2002. He is the Executive Vice President, Finance & Corporate Treasurer for Mittal Steel Company N.V. www.whoswhosa.co.za/sudhir-maheshwari-30125And people.forbes.com/profile/sudhir-maheshwari/7000Sudhir Maheshwari Member of the Group Management Board Responsible for M&A and Business Development, China ArcelorMittal SA Luxembourg Sector: BASIC MATERIALS / Steel & Iron Officer since January 2006 47 Years Old Sudhir Maheshwari, is also Alternate Chairman of the Corporate Finance and Tax Committee and Chairman of the Risk Management Committee. Sudhir Maheshwari was previously a Member of the Management Committee of ArcelorMittal, Responsible for Finance and M&A. Prior to this, he was Managing Director, Business Development and Treasury at Mittal Steel from January 2005 until its merger with Arcelor in 2006 and Chief Financial Officer of LNM Holdings N.V. from January 2002 until its merger with Ispat International in December 2004. Mr. Maheshwari has over 24 years? experience in the steel and related industries. He has played an integral and leading role in all acquisitions in recent years including the ArcelorMittal merger, and turnaround and integration activities thereof. He also plays a key leading role in various corporate finance, funding and capital market projects, including the initial public offering in 1997 and the various banking and public market financing and refinancing transactions since then. Over a 22-year career with ArcelorMittal, he also held the positions of Chief Financial Officer at Mittal Steel Europe S.A., Mittal Steel Germany and Mittal Steel Point Lisas, and Director of Finance and M&A at Mittal Steel. Mr. Maheshwari also serves on the Board of various subsidiaries of ArcelorMittal. Mr. Maheshwari is an Honours Graduate in Accounting and Commerce from St. Xavier?s College, Calcutta and a Fellow of The Institute of Chartered Accountants and The Institute of Company Secretaries in India. RSS Feed on Sudhir Maheshwari Search Corporate Executives and Directors Name (e.g. Bill Gates) Enter Ticker Symbol: Lookup Symbol Company: ArcelorMittal SA (MT) Top Executives at ArcelorMittal SA Christophe Cornier Other Corporate Officer Davinder Chugh Other Corporate Officer Lakshmi N. Mittal CEO/Director/Founder/Chairman of the Board Sudhir Maheshwari Other Corporate Officer Aditya Mittal CFO/Other Corporate Officer Gonzalo Urquijo Other Corporate Officer Michel Wurth Other Corporate Officer Willie Smit Executive VP/Other Corporate Officer Vijay Bhatnagar Executive VP/CEO, Geographical Wilbur L. Ross Director See All Executives and Directors at ArcelorMittal SA >
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Post by RoryTheRanger on Feb 7, 2012 16:02:29 GMT
Interesting, could this mean an increased interest from Mittal himself?? Always thought that he has been sitting back and seeing where it goes under Bhatia.
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Post by cpr on Feb 7, 2012 16:21:39 GMT
Is that Sudhir the bloke that twitted that little rant the other week?
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Post by Macmoish on Feb 7, 2012 16:27:03 GMT
I think that was the other guy (who's already on our board)
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Post by cpr on Feb 7, 2012 16:31:07 GMT
OK cheers, seems on the face of it, to be an excellent addition.
I did think Bhattia was already on the board though. Is this only a documentation tidy?
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Post by Hogan on Feb 7, 2012 16:44:42 GMT
This Sudhir appears to be a Finance heavyweight, good news me thinks.
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Post by Macmoish on Feb 7, 2012 19:17:26 GMT
EXECUTIVE PROFILE* Sudhir Maheshwari BCom (Hons), CA CS Member of Management Board, ArcelorMittal 3131 Age Total Calculated Compensation This person is connected to 31 board members in 3 different organizations across 7 different industries. See Board Relationships 47 -- BACKGROUND* Sudhir Maheshwari BCom (Hons), CA CS serves as a Member of the Group Management Board of ArcelorMittal USA Inc. Mr. Maheshwari serves as the Chief Financial Officer of ISRG/IWHG. He has been a Member of Management Board at Arcelor Mittal (formerly, Mittal Steel Co N.V.) since May 14, 2008 and is responsible for business development and mergers and acquisitions. He has over 23 years of experience in steel and related industries. Mr. Maheshwari has been with ArcelorMittal ... for 21-year career. He has played an integral and leading role in all acquisitions in recent years including the most recent ArcelorMittal merger, and turnaround and integration activities thereof. Mr. Maheshwari served as Managing Director of Business Development and Treasury at Mittal Steel Temirtau JSC. He served as Managing Director of Business Development and Treasury at Mittal Steel Annaba. He joined Arcelor Mittal in 1989. Mr. Maheshwari served as Executive Vice President of Finance and M&A of Arcelor Mittal and also served as its Senior Executive Vice-President. He served as the Chief Financial Officer of IHSW. Mr. Maheshwari served as Managing Director of Business Development and Corporate Treasurer of Arcelor Mittal from January 2005 to 2006. Mr. Maheshwari served as the Chief Financial Officer of LNM Holdings from January 2002 to December 2004. He has played an integral role in all the recent acquisitions by Mittal Steel, including turnaround and integration activities, and in various corporate finance and capital market projects, including Mittal Steel's initial public offering in 1997 and the various banking and public market financing transactions since then. Mr. Maheshwari also served as the Chief Financial Officer of Mittal Steel Europe S.A., Mittal Steel Germany and Mittal Steel Point Lisas. He served as Director of Finance and Mergers & Acquisitions of Mittal Steel. He has been a Non-Executive Director of ArcelorMittal South Africa (formerly, Mittal Steel South Africa Ltd.) since December 2002 and serves as a Director of Hunan Valin Steel Co. Ltd. and HPCL-Mittal Energy Limited. He serves on the Board of various subsidiaries of ArcelorMittal. He serves as a Corporate Director at Mittal Steel Annaba. He is a Fellow of The Institute of Chartered Accountants of India and The Institute of Company Secretaries of India. Mr. Maheshwari is an Honours Graduate in Accounting and Commerce from St. Xavier's College, Calcutta. Read Full Background CORPORATE HEADQUARTERS* 19 avenue de la Liberte Luxembourg, -- 2390 Luxembourg Phone: 352 47 921 Fax: 352 4792 2675 Board Members MEMBERSHIPS* Director Hunan Valin Steel Co. Ltd. Director HPCL-Mittal Energy Limited 2002-Present Non-Executive Director and Member of B-Bbee Special Committee ArcelorMittal South Africa EDUCATION* Other Education St Xaviers College, Calcutta University Honorus Degree St Xaviers College, Calcutta University investing.businessweek.com/research/stocks/people/person.asp?personId=364070&ticker=MT:NA&previousCapId=364040&previousTitle=ARCELORMITTAL
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Post by Macmoish on Feb 7, 2012 19:17:56 GMT
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Post by Macmoish on Feb 7, 2012 19:19:09 GMT
Also involved with the Mittal Champions (Sports) Trust Sudhir Maheshwari Member of the Group Management Board, Responsible for Corporate Finance, M&A, India and China Operations, and Risk Management. Sudhir Maheshwari is also the Alternate Chairman of the Corporate Finance and Tax Committee and Chairman of the Risk Management Committee. Know more about Sudhir Maheshwari mittalchampionstrust.com/about-mittal-champions-trust/the-team/
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Post by londonscottish on Feb 7, 2012 20:51:47 GMT
Hmmm....Risk Management. That implies Mittal's trying to figure out what the financial downside of relegation really could be.
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Post by Hogan on Feb 7, 2012 20:55:50 GMT
Hmmm....Risk Management. That implies Mittal's trying to figure out what the financial downside of relegation really could be. I cant see him bringing in one of his top men in for that reason, it is such a miniscule amount of money for him.
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Post by maudesfishnchips on Feb 7, 2012 20:58:35 GMT
Hmmm....Risk Management. That implies Mittal's trying to figure out what the financial downside of relegation really could be. I cant see him bringing in one of his top men in for that reason, it is such a miniscule amount of money for him. isn't it why these men have money? because they treat an investment no matter how small the same as a large one
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Post by Hogan on Feb 7, 2012 21:03:41 GMT
yes i guess Maude, but they prioritise, why pull Sudhir off massive projects involving billions? Nah, for me this isnt the reason. Hey i am probably totally wrong though.
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Post by maudesfishnchips on Feb 7, 2012 21:08:02 GMT
maybe its to do with the new ground?
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Post by Hogan on Feb 7, 2012 21:10:19 GMT
maybe its to do with the new ground? Ah, me thinks we're getting warm here bud.
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Post by cpr on Feb 7, 2012 21:17:39 GMT
More likely the ladies loo in Ellerslie. Bhattia is fully aware of the significance.
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Post by maudesfishnchips on Feb 7, 2012 21:18:13 GMT
beard said didn't he, that the ground will be part of a bigger picture, you know, like shopping, entertainment and so on.
these guys are moving quick, thats why i would not be to upset if the worse did happen, because it sounds like this bandwagon of theirs is not going to stop.
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Post by Hogan on Feb 7, 2012 21:19:48 GMT
I sleep better knowing Mittal/Bhatia are fully involved with the club long term.
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Post by Macmoish on Feb 9, 2012 7:57:56 GMT
Hasnt been updated yet on the Official Site: Currently listed as QPR Holdings Ltd Vice-Chairman - Amit Bhatia - Board members - Tony Fernandes, Amit Bhatia, Kamarudin Bin Meranun
(But just to note this is the "significant" part of the QPR ownership/Board. There is (or at least was) QPR and QPR Holdings which always confused me!
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Post by hertshoop on Feb 12, 2012 0:17:27 GMT
Bump
Might be more significance to this than we realise yet ?
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Post by Hogan on Feb 12, 2012 0:22:40 GMT
Whatever do you mean herts?
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Post by Deleted on Feb 12, 2012 0:25:52 GMT
Selling buying ... He knows what's happening and will look at where this going as not only original investment but whether future investment is frugal! He's in for a third
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Post by hertshoop on Feb 12, 2012 0:32:59 GMT
My thought when I read it was that Fernandes and Bhattia getting organised for land acquisition
Maybe no truth in at all, but rumour on not606 that Fernandes selling out to Mittal
Could be complete b/s but might be something to do with the appointment ?
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Post by Macmoish on Feb 12, 2012 9:38:30 GMT
The one definite: QPR Holdings is not a "figurehead" board - and the individual in question is clearly neither a "big name 'no one'' appointed to just pad the board for prestige - nor an ultra-rich individual. So must mean something. (And presumably sooner or later, the Club Official Site Staff page will reflect this addition to the QPR Holdings Board!)
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Post by Macmoish on Feb 12, 2012 10:06:40 GMT
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Post by Jon Doeman on Feb 12, 2012 11:50:17 GMT
Has anyone on that link asked him where Defoe is by any chance?
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Post by cpr on Feb 12, 2012 12:13:10 GMT
So, we appoint a board member, a rumour gets started without any foundation. Doubt very much a Mittal man would be appointed to the board prior to acquiring the club. Load of old tosh in my opinion.
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Post by luckycharms on Feb 12, 2012 14:56:22 GMT
Interesting. I dont necessarily disagree with the substance (that Fernandes will sell to the Mittals). More the timing. I think this eventuality is on the cards, but not in the immediate future. Firrstly Fernandes is his own man. There seems to be an implicaton that just because his wallet is much less smaller than Lakshmi Mittals' that he will just roll over whenever the latter beckons. His self-promotion pretty much proves his massive ego. This notion that he is just a frontman is amusing to say the least, and rather patronising. One would think that Fernandes whose wealth is relatively less would be even more ruthless in ensuring it doesn't disappear compared to Lakshmi Mittal who can easily lose double the amount of Fernandes's money and not bat an eyelid. (I think ArcelorMittal reported a 1billion pound loss recently - no sweat for Lakshmi ) Secondly, QPR is not an integral part of Mittal's marketing campaign for his other businesses. ArcelorMittal is separate from QPR. If the Club suffers a few setbacks it does not adversely affect Mittal's other interests. Or his personal reputation This is not the case with Fernandes. He's gone on record time and again that QPR FC is a promotion vehicle for his other businesses. He has put himself forward and tied QPR with his own personal brand and connected it to all his other companies. The man thrives on all the publicity he's been getting ever since he bought QPR. Remember the Air Asia slogan ' The Airline with Balls"? Also the special offers to travel to Malaysia/Langkawi for QPR supporters. The success of QPR is now inimically tied to his own brand and reputation. If his football venture is deemed a failure the repercussions for his own name, credibility and reputation among his partners and among his audience in SE Asia is immense. Fernandes has also clarified his earlier tweets back when he was warning Warnock (most assumed he was going to leave) in which he will only step down as chairman but will not relinquish his shares in QPR FC. And why would he? He sees the potential that the club and team have. The team are not relegated yet. Would Fernandes risk his investor's money (assuming he put them into QPR) and stay the course or sell up and minimise his losses? He can stay on with the near certain guarantee that if he is forced to sell the Mittals will be ready buyers, or he can risk it further (knowing the Mittals are around anyway) and keep his word that he will remain for the long haul. Yeah, the second option looks likelier. Finally, rumour monger really should pay attention to how Fernandes conducts his business. Example: On the recent announcement Air Asia X is closing its European and India routes. On the surface this seems a setback for Fernandes. But Fernandes is the single largest individual shareholder in MAS (Malaysia Airlines) with 20% and sits on the board of directors along with his wing man Din (Kamaruddin). MAS will now take up the Air Asia X slack (gap) to Europe. 1) This soothes the feathers of local MAS defenders who feared that Fernandes intends to cannibalise MAS (playing into local xenophobic politics/this is an election year) 2) Allows Air Asia X to focus on core markets in Asia and promotes synergy between both airlines which, bottomline is to Fernandes's benefit. Long term if he can revitalise the national carrier along with his own airline he will have mended relations with his detractors in Malaysia, build even more special relationships with other elite cliques in the country and will be profiting from the success of two airlines. Based on this example of how Fernandes conducts business to assume that he will sell up now is premature I feel. Nothing is ever black and white. (massive disclaimer: Obviously this is all opinion/speculation and not a prediction. If Fernandes throws in the towel early I'd fully expect this post to be mocked for making unproven assumptions )
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Post by Macmoish on Feb 12, 2012 15:03:52 GMT
Interesting. I dont necessarily disagree with the substance (that Fernandes will sell to the Mittals). More the timing.. ...... (massive disclaimer: Obviously this is all opinion/speculation and not a prediction. If Fernandes throws in the towel early I'd fully expect this post to be mocked for making unproven assumptions ) Very thoughtful post. Whatever happens, no one is going to mock you.
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