Replies to post #69244 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

You mean he owns 7 million shares I guess.

I was just having a look at this. Solomon, Bor Hann and Paoy Teik only filed a form 3 (initial statement of ownership) back in 2011. They never filed a Form 4 (change in ownership)

You can see all the Form 3's here
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001488419&type=3&dateb=&owner=include&count=40
And the Form 4's here
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001488419&type=4&dateb=&owner=include&count=40
The SEC is down for maintenace now though.

But this was the "score" in 2011 based on the form 3's filed

 
                 Common      B-shares 
 Solomon       13,500,000    4,900,000   
 Paoy Teik      4,500,000    1,750,000     
 Bor Hann         900,000      350,000 
 --------- 
 Total         18,900,000    7,000,000 
 

Like I said, there haven't been any Form-4's filed, except recently by Nisse and Dan.

But I don't know the rules. Perhaps they don't have to file Form-4's if they cancel or swap or give away stock.

Anyhow, this is the "score" based on the 10-K

 
                 Common      B-shares 
 Solomon       12,500,000    ???   
 Paoy Teik              -    ???     
 Bor Hann               -    ??? 
 --------- 
 Total         12,500,000    7,000,000 
 

I can't make sense of this although I do know they canceled some shares in the past. And I don't know why the 10-K says that Anthony Soh doesn't own any stock any more. His Form-3 says differently. Perhaps they swapped his shares for B-shares but I can only guess.

It would be good to get some clarity on this.