Sunmoon Food Company

SunMoon Food commences formal inquiry into parent company's bankruptcy, exploring fund-raising options - THE EDGE SINGAPORE

Company in the news

SunMoon Food commences formal inquiry into parent company's bankruptcy, exploring fund-raising options

SunMoon Food Company says it is exploring various fund-raising options and is now in talks with a "potential investor on a specific funding option", following news that the parent company of its co

Insider moves

SunMoon's Loh sells shares ahead of parent company's bankruptcy filing announcement

Deputy chairman of SunMoon Food Company Gary Loh sold more than $78,000 worth of shares in the company on Oct 8 and Oct 9.

SunMoon Food parent Shanghai Yiguo files for bankruptcy, putting $12.4 mil worth of receivables at risk - THE EDGE SINGAPORE

Company in the news

SunMoon Food parent Shanghai Yiguo files for bankruptcy, putting $12.4 mil worth of receivables at risk

The parent company of SunMoon Food’s controlling shareholder has been put under voluntary bankruptcy reorganisation.

Insider moves

SunMoon former chairman Loh sells shares, Golden Agri-Resources ID Lew buys shares

SINGAPORE (Dec 9): Gary Loh, former executive chairman and controlling shareholder of SunMoon Food Co, has been loosening his hold on the company.

Results

SunMoon sinks deeper into the red as 3Q losses widened by 58% to $1.85 mil

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.

Update

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 p

Results

SunMoon's 2Q losses widen to $2.62 mil due to higher cost of sales

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

Tech

SunMoon applies blockchain technology to distribution of fruits and vegetables

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.

Results

SunMoon Food swings back to the black in FY18 as sales more than double

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).

Results

SunMoon Food sinks into 3Q loss of $1.3 mil on absence of one-off gain

SINGAPORE (Feb 8): SunMoon Food Company reversed into a 3Q loss of $1.25 million from earnings of $5.3 million a year ago on absence of one-off gain.

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