The durian and health foods distributor has been under judicial management since June 28, 2022, following a spate of legal events regarding Nutryfarm’s loans owed to its creditor, Corpbond IV.
The judicial manager of Nutryfarm International (SGX:AZT
) has applied to extend its suspension of trading to June 24, which coincides with the expiry date of the current judicial management period of the company.
Trading of Nutryfarm’s shares has been suspended since April 11, 2022, and the company was required to submit a proposal to SGX Securities Trading (SGX-ST) to resume trading of its shares by April 10 this year.
