Replies to post #107433 on Sino Agro Food Inc (fka SIAF)

[andrewflying]

I don't think this is good news, I just stated what they are heading to.

[Trip-Fontaine]

Of course they have to get the $94M for the 32% from somewhere. But it seems to me, by doing so, he is putting his own interests above the shareholders'. Which is a conflict of interest.

Im trying to understand how Solomon will continue his control of Triway after its spun off and listed. He will control Siaf that remains as a holder of Triway shares. And also he will be a part of this 32% investor group? But his combined ownership ,Siaf included, can not exceed 50% of Triway if listed in HK?
Today in ordinary shares Solomon has like 12% of Siaf? How can he get a significant part of Triway for himself if he dont pay for it with his own or borrowed money? Will he exchange his Siaf A-shares for a chunk of Triway?
After that SJAP and Triway is spun off, there might not be so many reasons for him to keep the A-shares anyway?
I dont think that Solomon will settle with 5-10% of Triway the core asset of Siaf, and I dont think he has the money to buy much more. So there have to be something else with this deal.

[The Swede]

The basic line what you guys are saying, skip the listing on Hong Kong... Come on,
This is what we have been waiting for for such a long time.