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.