QIN 0.00% 29.5¢ quintis ltd

Ann: Update of put option and loan repayment recovery, page-10

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  1. 34,339 Posts.
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    He borrowed $11m from QIN to buy trees, then have a put option to sell back at $14.8m next year.
    Unfortunately, he doesn't seem lasting for next year for his put option?

    Frank Wilson, is the holder of a put option that gives him the right to sell his personal plantation interests back to the company for $14.8 million late next year
    Last edited by 8horse: 17/07/17
 
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