Replies to post #147990 on Sino Agro Food Inc (fka SIAF)

[Handlamera]

I can’t see why SIAF shoud give away any TRW shares at this time.

It is not logical.

Why should SIAF give away anything when the whole deal is to write off 60 musd from A/R?

[RealDutch]

I can find 18.3%, but not half

Jul 10, 2017. But you can't find this press release on the website.

http://news.cision.com/sino-agro-food/r/tri-way-industries-earns-strong-credit-rating,c2305258

The carve-out and spinoff strategy for our aquaculture assets is a long and complicated process. The carve-out was successfully completed and announced in March. Subsequently, we have worked diligently with advisors and regulatory agencies toward advancing our plan to distribute half of our equity in Tri-way to SIAF shareholders

[Trip-Fontaine]

SIAF has 36.6% and that they are distributing 18.3%)

Isnt that what I said earlier, that Siaf will hold 37% of TRW and Siaf shareholders 18%?