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SunMoon Food added to SGX watchlist after stock down 44% YTD

Michelle Zhu
Michelle Zhu12/5/2018 07:34 AM GMT+08  • 1 min read
SunMoon Food added to SGX watchlist after stock down 44% YTD
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
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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 capitalisation of less than $40 million over the last six months.

The group will be delisted or face a trading suspension with a view to delist, should it fail to take active steps to meet these requirements within the next 36 months.

Shares in SunMoon have fallen 44.44% to a low of 4.5 cents in the year to date (YTD) with a market cap of $33.83 million.

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