SIVA Group #2387

SIVA Group

"On August 26, the Supreme Court of Seychelles declared Chinnakannan Sivasankaran, better known as Siva, bankrupt." (Source: https://www.business-standard.com/article/companies/c-sivasankaran-once-the-country-s-most-astute-deal-maker-now-a-bankrupt-entrepreneur-114090501264_1.html). Through wholly-owned subsidiary BioPalm. SIVA subsidiary Biopalm Energy is also main shareholder of EPO (25%). KL-Kepong International Limited (KLK) owns 54.77% of the shares of Equatorial Palm Oil PLC, while Blakeney Management and Praetorian Resources Limited owns 11.77% and 3.79% respectively. 30.66% of the shares of Equatorial Palm Oil PLC is owned publicly. Effective December 20, 2013, KL-Kepong International Ltd, a wholly owned unit of KLK acquired 63.181% interest in Equatorial Palm Oil PLC.