Sino Agro Food Inc (fka SIAF)

[RealDutch]

SIAF may still use the equity method, even if they own less than 20% of Triway, even after the IPO. Nothing is set in stone here.

Decisions regarding the appropriateness of applying the equity method for a less than 20 per cent-owned corporate investee require careful evaluation of voting rights and their impact on the investor's ability to exercise significant influence.

In addition to the indicators set out above, the following indicators could provide evidence of significant influence:

The investor's extent of ownership is significant relative to other shareholdings (i.e. a lack of concentration of other shareholders)
The investor's significant shareholders, its parent, fellow subsidiaries, or officers of the investor, hold additional investment in the investee
The investor is a member of significant investee committees, such as the executive committee or the finance committee.