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Proposed share consolidation 10:1

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noobnub
    25-Aug-2022 09:21  
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in the Q 31 to add more

noobnub      ( Date: 24-Aug-2022 10:14) Posted:

added more 31 today

 
 
noobnub
    25-Aug-2022 08:55  
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see today is it fruits day
 
 
noobnub
    24-Aug-2022 10:14  
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added more 31 today
 

 
noobnub
    24-Aug-2022 09:50  
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looks like going to be like zhonxin fruits soon
 
 
ssw518
    19-Aug-2022 16:25  
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Just to share in general, the reson arise when Yiguo file for bankruptcy while
in cash book still owe huge amount to SMF, which raise a concern of
operation / sustainability of operation of SMF. it was suspended while waiting for the
outcome of the ruling from court. When the ruling is out, SMF have to
show prove that the company is in compliance to sustainability before sgx
will resume it' s trading status. All these involve book tidy up, cash support, business plan etc,
will takes great effort to do it while keeping the company running as per normal.
nevertheless, job is done and we are trading, with investor willing to pump in money,
no good? depends on px la, you have to decide your trade.
good luck n huat ah.
 
 
ssw518
    19-Aug-2022 16:04  
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if you say suka suka, it means you dunno the
reason for suspend. You think sgx request them to
submit sustainability report as condition to lift suspension is
suka suka? 

Heerbrugg      ( Date: 19-Aug-2022 15:40) Posted:

I think you never hold for the past 2 years suspend.

ssw518      ( Date: 19-Aug-2022 15:11) Posted:

Suka suka meh???
means you never read and short but i think you.
huat a


 

 
Heerbrugg
    19-Aug-2022 15:40  
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I think you never hold for the past 2 years suspend.

ssw518      ( Date: 19-Aug-2022 15:11) Posted:

Suka suka meh???
means you never read and short but i think you.
huat ah

Heerbrugg      ( Date: 19-Aug-2022 13:19) Posted:

Those who bought it before should know.
Suka suka suspend for 2 years...


 
 
ssw518
    19-Aug-2022 15:11  
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Suka suka meh???
means you never read and short but i think you.
huat ah

Heerbrugg      ( Date: 19-Aug-2022 13:19) Posted:

Those who bought it before should know.
Suka suka suspend for 2 years...

 
 
Heerbrugg
    19-Aug-2022 13:19  
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Those who bought it before should know.
Suka suka suspend for 2 years...
 
 
gravity8888
    19-Aug-2022 11:41  
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Ya .. should be up soon ?
 

 
noobnub
    19-Aug-2022 09:57  
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slowly buy 31
 
 
noobnub
    19-Aug-2022 09:50  
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dont chase 32 lots of sellers
 
 
newpattern
    19-Aug-2022 09:48  
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Come on Go........
 
 
noobnub
    19-Aug-2022 09:40  
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haha you saw the reason why i didnt Q buy 31

ssw518      ( Date: 19-Aug-2022 09:37) Posted:

true, you Q no seller will throw, wanna q do it at 30.
maybe msw drop in front, so just pick n keep

noobnub      ( Date: 19-Aug-2022 09:08) Posted:

slowly buy 31 when sellers appear dont need to


 
 
ssw518
    19-Aug-2022 09:37  
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true, you Q no seller will throw, wanna q do it at 30.
maybe msw drop in front, so just pick n keep

noobnub      ( Date: 19-Aug-2022 09:08) Posted:

slowly buy 31 when sellers appear dont need to Q

noobnub      ( Date: 19-Aug-2022 08:54) Posted:

today got placement cannot Q to short. i will now look to bu


 

 
noobnub
    19-Aug-2022 09:36  
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slowly buy 31 again
 
 
noobnub
    19-Aug-2022 09:08  
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slowly buy 31 when sellers appear dont need to Q

noobnub      ( Date: 19-Aug-2022 08:54) Posted:

today got placement cannot Q to short. i will now look to buy

ssw518      ( Date: 18-Aug-2022 17:54) Posted:

2k units traded since you say short 32, BB turn defensive lol.
next time short then say. huat a


 
 
noobnub
    19-Aug-2022 08:54  
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today got placement cannot Q to short. i will now look to buy

ssw518      ( Date: 18-Aug-2022 17:54) Posted:

2k units traded since you say short 32, BB turn defensive lol.
next time short then say. huat ah

noobnub      ( Date: 18-Aug-2022 17:44) Posted:

low today 30


 
 
ssw518
    19-Aug-2022 08:26  
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overall i feel is good coz i vested lol, no good also must say good.....

The price at which each Placement Share is to be issued is S$0.0280 per Placement Share (the &ldquo Placement Price&rdquo ). The Placement Price represents a discount of approximately 9.68% to the volume weighted average price of S$0.0310 for trades done on the Singapore Exchange Securities Trading Limited (the &ldquo SGX-ST&rdquo ) on 18 August 2022, being the full market day on which the Placement Agreement was signed

  The Company intends to issue the Placement Shares pursuant to the general share issue mandate to be approved and granted by Shareholders at the annual general meeting of the Company to be convened sometime in September 2022 (&ldquo 2022 AGM&rdquo ) (&ldquo General Mandate&rdquo ). 

net proceeds of approximately S$3,444,000 (&ldquo Net Proceeds&rdquo ) after deducting estimated expenses of approximately S$56,000. 

Proposed Placement is to fund general working capital to expand the business scale of the Company
Pending the deployment of the Net Proceeds for the abovementioned intended purpose, the Net Proceeds may be deposited with banks and/or financial institutions, invested in short-term money markets or debt instruments and/or marketable securities, or used for any other purpose on a short-term basis as the Directors may in their absolute discretion deem fit.
The Directors are of the opinion that, after taking into consideration the present bank facilities of the Group and the Net Proceeds, the working capital available to the Group is sufficient to meet its present requirements.

Placee will hold 13-14pc after completion of placement.

dyodd

Spider456      ( Date: 19-Aug-2022 07:56) Posted:

good news ?

ssw518      ( Date: 19-Aug-2022 07:37) Posted:

PROPOSED PLACEMENT OF 125,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF SUNMOON FOOD COMPANY LIMITED AT THE PLACEMENT PRICE OF S$0.0280 PER SHARE FOR AN AGGREGATE CONSIDERATION OF S$3,500,000


 
 
Spider456
    19-Aug-2022 07:56  
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good news ?

ssw518      ( Date: 19-Aug-2022 07:37) Posted:

PROPOSED PLACEMENT OF 125,000,000 NEW ORDINARY SHARES IN THE CAPITAL OF SUNMOON FOOD COMPANY LIMITED AT THE PLACEMENT PRICE OF S$0.0280 PER SHARE FOR AN AGGREGATE CONSIDERATION OF S$3,500,000

 
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