Replies to post #9307 on China Unlimited

[RealDutch]

But don't you agree about how to handle the 37% minority interest during 2017!? Keep it in Siaf and book another 18% !?

I think the pre-IPO is a prerequisite to a succesful IPO. Either the bank wants it, or FD, or someone else, or all of the above.

I do not think they are aiming to consolidate though!

They should. It's a world of a difference. SIAF is unmistakenly worth $3B in a few years if they own 51% and consolidate the assets. Or Solomon can do it the hard way.