KKR the largest shareholder of Santanol is trying to get 100% ownership of the coy and has also indicated interest in buying all of Elders Indian sandalwood plantations.
KKR is a large equity firm that sees a future in Santanol and has its own plans to get bigger. The comment by Santanol therefore on QIN as a competitor has to be seen in context.
QIN Price at posting:
29.5¢ Sentiment: Hold Disclosure: Held