Sino Grandness

[leeeta]

I sincerely hope SFIG provides the final catalyst of an IPO of Garden Fresh (this is my thesis for investing). As per one of my threads posted here, the valuation of SFIG's share of Garden Fresh exceeds the mkt cap of the former listed here by 2.5 times. If the ipo does materialize, it is a very big gain. Also, with the placement going through, i hope SFIG will give a dividend this coming FY. At an estimated 20 cents EPS, it means dividends is about 2 cents, that is a dividend yield of 5%.

Secondly, I read somewhere it is mentioned the thai investor has a 10 yr lock in period. I am unable to locate the online source. Could any1 guide me to it? thanks

by the way what is your impression of this 10 yr lock period? What do you think is cooking?

Interesting that they brought the date of completion to EGM date..like cannot wait to get married like that. hahaha. or ..??