Sino Agro Food Inc (fka SIAF)

[RealDutch]

I understand that they infact renego the "additional loan", shouldnt we get a decrease is OS?

No. They explained it, sort of, in the press release today

The Additional Loans have also been partially repaid and now stands at USD 4,694,829, with a total of 2,666,735 collateral shares issued at an implied value of USD 1.76.

The implied value is still much higher than the share price. Which basically means, the debt is not covered by the number of shares issued. Look at it from the perspective of the lender. Their money is at risk.

Where did the 5 million additional come from?

That is the big question. I think it is for the A-shares as I said earlier. And some for ECAB for restructuring the note. And they can't discuss it. Until it is final. But that's my opinion/best guess. I could be wrong. But so far I have been right about the collateral shares.