Corporate digest
SunMoon Food Company
THE fruit distributor on Tuesday said its wholly-owned subsidiary has received a statutory demand on Nov 29 from Japanese food supplier Wismettac Foods, which is seeking payment of US$1.2 million within 21 days from the date the demand was served.
If SunMoon Distribution & Trading fails to comply with the demand, or compound the outstanding sum owed within reasonable satisfaction, Wismettac will apply for a winding-up order against the company.
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