SINGAPORE (Aug 25): Gary Loh, executive chairman of SunMoon Food Co, has spent the better part of the last decade restructuring what started as an apple-growing company. He sold off assets, cut down debt and cleaned up the balance sheet so that the company could continue as a listed entity.

In the middle of last year, with the restructuring more or less completed, SunMoon was brought to the attention of the head of a large local fund, who sent Loh a congratulatory message.

An underling was dispatched to take a closer look at the company. Although SunMoon was in much better shape and poised for growth, Loh was told that the fund would not be making an investment after all because “you are too small”.

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