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RealDutch

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RealDutch

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Re: aquaculture post# 134215

Monday, 04/09/2018 3:32:05 AM

Monday, April 09, 2018 3:32:05 AM

Post# of 163716

Fredly also claims that he has a confidential prospect from SIAF to Development Bank of Singapore, where SIAF claims to be real owners of over half of the 63,4% ownership left in Tri-Way!



He misinterpreted it. SIAF owns 36.6%. The other 30% he is referring to is held in SIAF's name (SIAF Hong Kong) but they belong to the JV partners and are reserved and to be sold during the pre-IPO.

SIAF owns 36.6% or $124M. And there's an additional $45M owed by TRW. That's the result of the carve-out.

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