Sino Agro Food Inc (fka SIAF)

[RealDutch]

That's what I've been asking myself for a while.

But look at it this way. You have 2 options
1) SIAF distributes TRW shares, or
2) SIAF reduced assets (A/R) and TRW distributes them.

In both cases SIAF's assets are reduced by the same amount. Does it even matter where the shares come from? They are coming from the same place, right? Some register in Hong Kong.

So you have a cut-off date for SIAF. They can't just apply the Record Date for this one case. It would be a complete mess, and legally. And who would determine the cut-off date? SIAF didn't announce it.

So we can safely assume that exchange rules apply. There is another indication btw in the news release. They will determine who owns what on the pay-date, NOT the record date.

So what all of this means is, you probably have to hold the stock until November 15 in order to qualify for the dividend. That's what we want to know. Best play it safe.