Saturday, July 08, 2006

Sumantri - Ideation article - Trully Belongs(4)

Ideation article :Truly Belongs
By Sumantri

Can Asia make a history? Yes, we can! Is the time to make history in Asia? Record on Sheraton history shows that in 1947, Sheraton Corporation of America was the first hotel chain that listed in the New York Stock Exchange.

What is the history in Asia?

• Sheraton / Starwood going public with initial public offering ( IPO ) in ASIA
• To be listed at the major Asia stock exchanges ; Hong Kong, Tokyo, Jakarta, Singapore, Malaysia, Beijing etc
• To be registered as “blue chip” at the major Asia stock exchange
• Create a special stock where units of ownership in a public company or corporation available to all Sheraton/Starwood guest and associates. Current practice there are two kind of stocks: common and preferred stock
• Create call “Sheraton / Starwood dividend “ where distribution of earning can be redeem with the choice of accommodation at Sheraton / Starwood around the world otherwise usual dividend apply to all stock holder

If I got stock means I got share if I got share means I got ownership so it is called “truly belongs”
It does not matter how many share lots of the stock I have.

There are certain minimum requirements a company must fill before it can be listed and every Stock Exchanges have different terms and conditions in how much pre-tax earning requirement, how much share publicly held and how many holder, share lots of the stock. These needs to find out more from major stock exchange in Asia and International policy also may require.









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Benefits illustration on this program in very minimum

• Truly belong, I got stock I got share I got ownership either you as guests or associates.
• Dividend can be redeem by using Sheraton / Starwood hotel facilities and service. Note : another new area / resources in crease the hotel revenue ( Room, FB etc )
• Yearly meeting by share holder will be attending by huge number of share holder, other resources for hotel revenue.

Glossary of Terms for this program:

IPO(Initial Public Offering): A corporation’s first offering of stock to public

Blue chip: Growth stocks are from companies with long record of reputation within each industry

Stock: Ownership interest in publicly, represent by stock certificate.

Common stock : Units of ownership in public corporation available to all investor.

Preferred stock: A class of capital stock that has preference over
Common stock in the payment of dividend and liquidation of asses.

Dividend: A distribution of earnings to share holders based on company profits, dividend are usually paid on a per share basic every three months.

Sheraton/Starwood stock* : ownership in Starwod hotels and resorts as public corporation available to Starwood guests and associates and by invitation only has preference and unique in the payment of dividend.

Sheraton / Star wood Dividend* : A distribution of earning to share holder base on Starwood profits, dividend can be claimed by using hotels and resorts facilities such as accommodation, food and beverage and other facilities as per due date.


* Only in Sumantri dictionary and imagination

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