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vin che · 2015-06-19T02:06:43Z

There is some movement in SunMoon food Company. Move from 0.05 to touch 0.063 this morning. Now 0.054. Watch this company. PROPOSED ACQUISITION OF 510,000 ORDINARY SHARES REPRESENTING 51% OF THE TOTAL ISSUED SHARE CAPITAL OF HARVEST SEASON SINGAPORE PTE. LTD. Where capitalised terms are used in this announcement and not otherwise defined, such capitalised terms shall bear the same meanings as ascribed to them in the Term Sheet Announcement (as defined below). 1. INTRODUCTION 1.1 The board of directors (the &ldquo Board&rdquo ) of SunMoon Food Company Limited (the &ldquo Company&rdquo ) refers to the Company&rsquo s announcement dated 27 April 2015 (the &ldquo Term Sheet Announcement&rdquo ). 1.2 Further to the Term Sheet Announcement, the Board wishes to announce that the Company has on 17 June 2015 entered into the following agreements:- (a) a conditional sale and purchase agreement (&ldquo SPA&rdquo ) with Fresh Fresh Pte. Ltd. (a company incorporated in Singapore) (the &ldquo Vendor&rdquo ), Mr. Zhang Jiang Quan (&ldquo Mr. Zhang&rdquo ), and Mr. Ong Yaw Teh (&ldquo Patrick&rdquo ) (Mr. Zhang and Patrick are collectively known as the &ldquo Vendor Warrantors&rdquo ) in relation to the acquisition of 510,000 ordinary shares in the share capital of Harvest Season Singapore Pte. Ltd. (&ldquo Harvest Season SG&rdquo ) (the &ldquo Sale Shares&rdquo ) from the Vendor (the &ldquo Proposed Acquisition&rdquo ). The Sale Shares represent 51% of the issued and paid-up share capital of Harvest Season SG, and are legally and beneficially owned by the Vendor as at the date of the SPA and (b) a joint venture agreement (&ldquo JVA&rdquo ) with the Vendor, Vendor Warrantors and Harvest Season SG governing the obligations of the Company, the Vendor, Mr. Zhang and Patrick in relation to the Proposed Joint Venture (as defined in paragraph 2 below). 1.3 The Proposed Acquisition shall be conditional upon the satisfaction of the conditions precedent set out in the SPA. Completion of the Proposed Acquisition (&ldquo Completion&rdquo ) shall take place on the completion date (&ldquo Completion Date&rdquo ), defined as the date falling three (3) business days after the fulfilment of the last of the outstanding conditions precedent or such other date as the parties to the SPA may agree

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SunMoon Food

Last Post by Cai Fa 9 years ago

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Pauline Tay

(@freckles*.*)

Posts: 142

Estimable Member

Missed the boat..
Let go last week.. Sobz..
Too high to go in now...

Posted : 10/10/2016 9:07 am

randy lim

(@sleepydevil)

Posts: 24

Eminent Member

104!! Fly fly

Posted : 10/10/2016 9:02 am

Gavin Tan

(@gavin211)

Posts: 62

Trusted Member

Huat already. can still go up

Posted : 10/10/2016 9:00 am

Andy Yang

(@macqueen)

Posts: 604

Honorable Member

As mention

Posted: October 10, 2016 9:51 am
Posted by: @macqueen

↑

Target 10cent

Posted: October 10, 2016 9:30 am
Posted by: @genting^2

↑

Great. high volume break up. Target 0.085

Posted : 10/10/2016 8:56 am

Mandy Koh

(@mandy1986)

Posts: 205

Estimable Member

Ha Ha... 10.1

Posted : 10/10/2016 8:55 am

Gavin Tan

(@gavin211)

Posts: 62

Trusted Member

Statistics with reference to last done price of 0.098 on 10 Oct 2016

Posted : 10/10/2016 8:52 am

Luiz Surez

(@johnng)

Posts: 2030

Famed Member

move over to imperium crown

Posted : 10/10/2016 6:34 am

randy lim

(@sleepydevil)

Posts: 24

Eminent Member

Already broke 0.09 wall!!

Posted : 10/10/2016 5:51 am

Tng Willie

(@pinpoint)

Posts: 115

Estimable Member

Someone here predicted it will go single decimal very soon..

Posted: October 10, 2016 1:41 pm
Posted by: @zv_francesca

↑

looks like they want to break the 0.09 wall today!

Posted : 10/10/2016 5:46 am

zv francesca

(@zv_francesca)

Posts: 133

Estimable Member

looks like they want to break the 0.09 wall today!

Posted : 10/10/2016 5:41 am

zv francesca

(@zv_francesca)

Posts: 133

Estimable Member

Any TP for this counter?

Posted : 10/10/2016 5:40 am

Mandy Koh

(@mandy1986)

Posts: 205

Estimable Member

Ha Ha hit target 0.087

Posted: October 10, 2016 11:32 am
Posted by: @pinpoint

↑

Looks like is heading towards your prediction very very soon

Posted: October 9, 2016 7:31 pm
Posted by: @mandy1986

↑

Should be seeing a range at 0.087 - 0.094 this week.

Posted : 10/10/2016 5:18 am

Tng Willie

(@pinpoint)

Posts: 115

Estimable Member

Looks like is heading towards your prediction very very soon

Posted: October 9, 2016 7:31 pm
Posted by: @mandy1986

↑

Should be seeing a range at 0.087 - 0.094 this week.

Posted : 10/10/2016 3:32 am

Tng Willie

(@pinpoint)

Posts: 115

Estimable Member

Heavy resistance at 8.0 cents..hope it break and move towards 8.5 cents

Posted: October 10, 2016 11:15 am
Posted by: @mariners

↑

can invest for growth too, the management put in so much effort and money inside, im sure they are serious in managing this company

hope they will start paying dividends down the road

Posted : 10/10/2016 3:24 am

nelson cano

(@mariners)

Posts: 102

Estimable Member

can invest for growth too, the management put in so much effort and money inside, im sure they are serious in managing this company

hope they will start paying dividends down the road

Posted : 10/10/2016 3:15 am

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