SUBSCRIBERS

Sino Grandness served letter of demand from shareholder

Published Wed, Jan 16, 2019 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

CHINESE canned vegetable and fruits producer Sino Grandness Food Industry Group said after trading hours on Wednesday that it was served a letter of demand on Jan 8 by Soleado Holdings.

Soleado Holdings, an investment holding company and a shareholder of Sino Grandness, had demanded payment of US$21.2 million and S$30,000 by Jan 21.

Copyright SPH Media. All rights reserved.