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Sunmoon CEO sees stars finally aligning

An impending investment by a Chinese online shopping group could be the game-changer that turns things firmly around.

Published Sun, Oct 23, 2016 · 09:50 PM

WHEN Gary Loh first bought into Sunmoon Food Co in 2007 as a private equity (PE) investor, he never thought that he would have to actually run it as a chief executive.

But a struggling business and overwhelming debt forced Mr Loh to put on his overalls and jump into the trenches. Today, however, a potential investment by Chinese online shopping group Shanghai Yiguo E-Commerce Co has given Mr Loh hope that he will finally be able turn this project around and eventually move on to other investments.

"This is just the begi…

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