Chapter 623: I'm the First Shareholder!
After a long flight, Shuichi Minamino finally arrived in the capital city of Brasilia.
The headquarters of Vale Brazil is located here.
By appointment, Shuichi Minamino met with several major shareholders of the company.
The largest shareholder is called Alberto, the second largest shareholder is called Carlos, and the third largest shareholder is called Vasalica.
This time, Shuichi Minamino brought only a secretary, an assistant, a lawyer, an appraisal expert and a negotiator. After all, he can't talk about such a business alone. It takes the team to do some calculations and estimate negotiations.
"The Minamino Group, as I've heard, is a very powerful group. After Alberto saw Shuichi Minamino, he was polite at first, and then admired Shuichi Minamino.
After all, Minamino Motor's name is now world-famous, and he can't even think about it.
"Your Brazilian Vale is also famous, Brazil's largest iron ore mining company. Shuichi Minamino also praised it with hesitation. In fact, Vale in 1960 was not very well-known internationally.
"I wonder what happened to Mr. Minamino's visit this time?" asked Carlos.
"That's right, I'm very optimistic about your Brazilian Vale, and I want to take a stake in your company. "Minamino Shuichi.
Shuichi Minamino's words made the three major shareholders look at each other.
Truth be told, Vale Brazil is in the midst of a period of expansion, coupled with the fact that Brazil is currently poor. So there aren't a lot of money invested in their companies.
Even if there is, it's a small fight.
The main reason is that their company does not have enough iron ore veins to attract foreign investment. In a few more years, ten years, when the company continued to discover iron ore. It has caused a sensation in the world, and the four major conglomerates of the island countries and other wealthy people will come to invest one after another.
So now that Shuichi Minamino has proposed to take a stake, they are indeed excited!
You must know that if a mining company does not have a huge amount of money, even if it has iron ore, there is no money to mine it! The cost of mining iron ore is a huge consumption every day.
This is why in later generations, after a mining company issued new mineral resources, it would sell a large number of shares to attract shareholders to buy. It's just to raise funds for development!
"I wonder how much Mr. Minamino wants to buy?" Alberto asked.
"$10 billion!" said Shuichi Minamino held out a finger.
"Hiss......"
"Oh my God!"
The three of them are also considered rich. But when I heard that the other party was going to invest $10 billion, I was scared.
Do you know what $10 billion means in those years?
All three of them were stunned by Shuichi Minamino's words.
When did their company have so much potential, and was it worth a $10 billion investment from a single person?
"How's it going?" said Minamino Shuichi calmly.
"Are you sure you're not kidding?" Vasalika asked, smacking his lips.
"Of course I'm serious, but with my shareholding, I should be able to get the position of the first shareholder. Minamino said with a smile.
"Of course, of course!" Alberto nodded vigorously. Anyway, with $10 billion in shares, he will no longer be the first shareholder at that time, even if the shares are diluted. But overall, the value of his shares will increase!
No, it's because $10 billion was invested.
"So you agree?" said Minamino Shui.
"Well, we're going to call a meeting of all the shareholders and we'll get back to you in three days, okay?" Alberto said after a moment's thought.
"Okay!"
Three days passed quickly.
In the end, Brazil's Vale agreed to the capital injection of Shuichi Minamino, and the two sides began a formal negotiation phase.
This time the negotiations are mainly about the valuation of the current Vale company, and at the same time, how much stake Minamino can get for 10 billion US dollars.
The time for the negotiations went on for a week.
In the end, Shuichi Minamino invested $10 billion and became the first major shareholder of Brazil's Vale, owning 51% of the shares. The second largest shareholder is Alberto with 15% of the shares, the third largest shareholder is Carlos with 8% of the shares, and the fourth largest shareholder is Vasalica with 5% of the shares!
The remaining 21% of the shares are jointly owned by dozens of shareholders, the largest of which owns only 2% of the shares, and the smallest is at the level of 0.0%.
Anyway, now Shuichi Minamino is the largest shareholder of this company!
He can make a final decision on the company's affairs.
After everything was settled, Shuichi Minamino held a shareholder meeting.
He has two purposes for this conference, the first is to establish a will, and the second is to start his plan, and constantly look for iron ore veins in Brazil! This must be seized as soon as possible, and the more you find, the better.
Anyway, he will use 2 months to find out all the large iron ore here, and then enclose the land!
At the shareholders' meeting, Alberto shouted, "Welcome to Mr. Minamino!"
Suddenly, dozens of shareholders applauded.
"Good afternoon, everyone, and it's a pleasure to have this shareholder meeting. At present, our company has a total of more than 10 billion liquidity. I intend to make an expansion plan for our company. First of all, we must continue to speed up the search for new iron ore veins, and secondly, our export business and channels should also begin to be laid, and we must be internationalized and cosmopolitan!"
"Bang Bang Bang ......"
There was another round of applause.
At present, these shareholders still have a lot of respect for Shuichi Minamino, and with Shuichi Minamino's capital injection, the value of the shares in their hands has increased invisibly, although the shares have become smaller, but the value has actually increased!
"Now, I intend to send all of my company's survey teams to the Iron Four Corners and to the state of Barra in northern Brazil. As soon as we find iron ore veins, we will buy land for mining! What we have now is money, and we are not afraid to ......," Shuichi Minamino began his speech with a beaming expression.
In the end, the plan proposed by Shuichi Minamino was unanimously approved by these shareholders.
After all, there is money now, and the survey team needs to find the iron ore vein anyway.
Why did Shuichi Minamino go to these two places to find iron ore? Because he had his ideas.
In the past, Vale's iron ore production accounted for 80% of Brazil's total production. Its iron ore resources are concentrated in the "Iron Four Corners" region and the state of Barra in northern Brazil, with the iron ore mine of Tingbopebe, Capanima iron ore, Carajas iron ore, etc., with iron ore reserves of about 4 billion tons, and its main minerals can be maintained for nearly 400 years.
So he's going to go to these two places to find first!
At present, the company already owns the Bopebe iron ore mine, and the rest needs to be discovered in terms of iron ore such as Capanima iron ore and Carajas iron ore.