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SunMoon: Debt restructuring reaped benefits

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Published Mon, Aug 31, 2015 · 09:50 PM

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Singapore

THE 2013 debt restructuring of fruit distributor and food ingredients maker SunMoon has cleaned up the company's balance sheet and saved it S$2 million a year in interest, said executive chairman Gary Loh.

Mr Loh was making the comments in a clarification announcement to an Aug 25 The Straits Times report, which he said "appears to skew the financial performance of the group".

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