Replies to post #146592 on Sino Agro Food Inc (fka SIAF)

[The Swede]

Tri-way Industries Limited is pleased to announce a share dividend distribution to
shareholders of its Associate in Investment, Sino Agro Food, Inc. (“SIAF”), based on
exercising its option to liquidate outstanding debt owed SIAF of USD 62,338,065, covering
both a portion or all of accounts payable and other payables owed SIAF, to date. TRW elected
to exercise the option to distribute TRW common shares in lieu of paying a cash dividend,
and/or a cash plus share dividend against the USD 62,338,065, the option of which had been
granted by SIAF to TRW as part of its agreement with TRW to see its debt repaid in the best
interest of both parties. Repayment of the USD 62,338,065 debt outstanding represents an
18.3% ownership distribution in TRW to owners/shareholders of SIAF.

It's TRW paying a dividend, not SIAF, right? It's all about TRW settling a debt to SIAF (which we own a piece of). TRW can't settle debt with something that SIAF owns, that makes no sense at all.

That's like selling a car but the seller is paying the buyer...