Replies to post #147040 on Sino Agro Food Inc (fka SIAF)

[RealDutch]

That would be the easiest thing they have done so far.

They would have to settle another $62.3M of the remaining $111M debt outstanding. They could even pay a little more.

8.7% of TRW shares were reserved already for the A/R's in 2016. So they would have to take another 9.6% from the shares currently reserved for the pre-IPO. Which means only 21% reserved for the pre-IPO instead of 31%.

If the partners agree. If the partners want SIAF to have some control, which is usually the case. It would hardly affect the partners.

[Handlamera]

SIAF will not distribute any TRW shares.

TRW will distribute the shares. You need to have SIAF shares in your account October 31 to get TRW shares.

SIAF have and will have the 36,6% ownership of TRW.

[Handlamera]

SIAF will not distribute any TRW shares.

TRW will distribute the shares. You need to have SIAF shares in your account October 31 to get TRW shares.

SIAF have and will have the 36,6% ownership of TRW.