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Post# of 163719
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ValueInvestor01

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ValueInvestor01

Re: RealDutch post# 147332

Wednesday, 10/17/2018 2:54:34 AM

Wednesday, October 17, 2018 2:54:34 AM

Post# of 163719

But... you have to go back 1 to 2 years. SIAF's initial plan was to distribute half (or 18.3%) of its ownership in TRW. Then... they found out they may need a F-1 filing for this. Then... they found out there was a tax liability if they distribute the TRW shares. That was roughly a year ago. So they figured out a different way to distribute the 18.3%, namely, let TRW do it.




So basically, SIAF is transferring these paperwork (F-1 filing) and tax liability to TRW, that's why they are returning the 18.3% am I right?
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