Replies to post #96562 on Sino Agro Food Inc (fka SIAF)

[snow]

Traderfan

Is anything taken from us if shareholders get 51 % and SIAF retains 49 %?

[Carog]

If you want to conform with the corporate governance regulated exchange like the OSE you would have to enhance the bod accordingly.

To facilitate a deal like this you will have to do it either by debt financing or by a pre IPO to some industrial partner or maybe a combination. This will likely mean some dillution but I dont anticipate more than maximum 25 percent. Nothing will be given away or taken away, but the JV´s and the unincorporated companies cost money. It will take funding to get our ownership up to 75 percent.
Its in everybodys interest to get as good deal as possible when we do this. Lets not be paranoid about it. The deal will of course be done in the best interest of existing shareholders.