News Focus
News Focus
icon url

Fluid

11/13/14 9:15 AM

#76314 RE: Traderfan #76313

Like expected, right.. by all...:)
icon url

Freelunch

11/13/14 9:23 AM

#76315 RE: Traderfan #76313

Shows that EC has a plan.
And that Solomon needed them badly!
Let's hope EC does not find any dodgy things in the books.
Then SIAF is on the way
icon url

NYKnuckleballer

11/13/14 9:33 AM

#76317 RE: Traderfan #76313

Perhaps they will meet that late 2015 timeline for the first spin-off.

BooYAH!

"A review of the corporate structure has led to a decision by the Board of Directors on November 11, 2014 to evaluate and to explore proposed listing opportunities available to the integrated cattle farm joint venture in Xining, which we refer to as "SJAP." In this respect, a suitable financial advisor will be hired to evaluate and to explore the said listing as well as any prospects for domestic or international merger and acquisition or disposition transactions for SJAP. The primary purpose of this process is to crystallize the values that have been built in SJAP. The Company expects to work closely with ECAB throughout this process.

During the first six months of 2014 alone, SJAP reported Sales of US$50.5 million ($26.9M in 2013) and Net Profit of US$15.9million ($10.9M in 2013). A summary of SJAP is available on the Company's website: http://www.sinoagrofood.com/?q=2014-sjap-overview
icon url

andrewflying

11/13/14 10:11 AM

#76325 RE: Traderfan #76313

Any ideas on how much SJAP might worth and where it will be listed? They initially talked about HK, now it seems that they prefer Sweden.
icon url

stolpen

11/13/14 1:58 PM

#76351 RE: Traderfan #76313

IPO sjap? Atleast its an untryed card, guess we wait and see another 6 m as usual..whats your opinion about it all?