The sale of the opportunity to grow sandalwood trees, managed by Quintis, is the sale of a product and not a capital raising. Similarly, the receipt of management fees for managing those plantations and harvesting fees are not a capital raising. The raising of capital to plant more trees on Quintis' book and to purchase MIS growers' plantations is an investment in the future profitability of the company.
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The sale of the opportunity to grow sandalwood trees, managed by...
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