Sunmoon Food Company

Under the loan agreement, Jiangzhong Shiliao will loan RMB34.9 million ($6.9 million) interest-free to SunMoon Food Company.

According to SunMoon Food, the entities were placed into involuntary bankruptcy reorganisation by their creditors.

Check out Insider moves in this week's issue (Oct 19, Issue 955): SunMoon Food, PropNex and GSS Energy.

The bankruptcy was filed back in July 30

SINGAPORE (Dec 9): Gary Loh, former executive chairman and controlling shareholder of SunMoon Food Co, has been loosening his hold on the company. Loh, via his private-equity firm, First Alverstone Capital, sold 19 million shares for $821,542.50, which wo

SINGAPORE (Feb 14): SunMoon Food Company announced that its 3Q19 losses have widened 58% to $1.85 million, compared to $1.29 million in 3Q18.

SINGAPORE (Dec 5): SunMoon Food Company is being placed on the SGX watchlist with effect from today under the minimum trading price (MTP) entry criterion, which requires a volume-weighted average price of less than 20 cents and an average daily market cap

SINGAPORE (Nov 14): SunMoon Food Company reported 2Q18 losses widened to $2.62 million, compared to losses of $990,000 in 2Q17.

SINGAPORE (Aug 14): SunMoon Food Company, the distributor and marketer of fresh fruits, vegetables and fruit-derived products, will apply blockchain technology to its global supply chain platform.

SINGAPORE (May 30): SunMoon Food Company reported a net profit of $0.36 million for FY18 ended March compared to a restated net loss of $9.3 million for the 15 months ended March (FY17).