Saturday, October 27, 2018 2:59:56 AM
Only for AF1
Thanks, RD. Can count on you to correct me if I have misunderstood something
How does the 53MUSD gain on disposal fit into that? If most of TRW is valued at construction cost, then there shouldn't be any gain on disposal should there? (disregarding AF1) Doesn't SIAF take stakes at a 1:1 of book value? Or is the gain on disposal the 30MUSD lisence + difference between appraisal value and cost of AF1?
http://sinoagrofood.investorroom.com/SIAF_completes_aquaculture_carve-out
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