Heidi, do I understand correctly? Sino Panel's $82 million facility is for sale for $25 millions only and this is happening at a time when the 82 MU land the buildings stand on is very much sought out and is greatly valued.
As I read this, the word "ridicule" came to mind; why and who exactly is authorized (ordered, perhaps) while under CCAA protection to put Sino-Panel (Beihai) up for sale at such tremendous loss? This suggests that the intent is to cheat and dupe the outside bondholders (creditors) as well and as much as possible. In other worlds, as long as SF's items/properties/assets stay in Chinese hands, sell cheap and at ridiculously low prices as possible.... I imagine the buyer/buyers will end up being Chinese – high up the ladder in Chinese society.