Hoosier's note: QAF is considering the listing of the Primary Production Business in Australia or a sale of the said business in its entirety.
QAF had attempted to list its Primary Production Business (Hamsdale) on the SGX in 2009/2010 but failed.
I have a feeling that, after attending the recent AGM, the Management of QAF seems to be leaning towards concentrating its resources to expand the Bakery Business. Hence, I am inclined to believe that the sale of the Primary Production Business is more likely this time.
However, whatever the outcome of this strategic business review, i.e. the listing or the sale of the Primary Production Business, this corporate move is going to "create" value for the shareholders of QAF!!!