Sino Grandness Food Industry Group

SINGAPORE (Aug 11): Sino Grandness Food Industry Group reported earnings of RMB105.1 million ($21.5 million) for 2Q17 ended June, down 33.4% from RMB157.7 million in 2Q16.

SINGAPORE (July 10): Sino Grandness Food Industry Group said it has entered into a restructuring agreement with its bondholders for a further restructuring of the 2011 Bonds, the 2012 Bonds, the 2011 SB2 Bonds and the 2012 SB2 Bonds.

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SINGAPORE (Jan 4): Sino Grandness Food Industry Group has signed a distribution agreement with WeChat Food to sell its branded Garden Fresh drinks, Grandness canned food and Hao Tian Yuan snacks through the latter’s mobile internet platform.

SINGAPORE (Nov 1): NRA Capital says it is maintaining a positive view of Sino Grandness even as it notes that external allegations and the company’s high borrowings have depressed its share price, although there is no denying that there will always be r

SINGAPORE (Oct 26): Sino Grandness Food Industry Group said on Wednesday that it has secured the exclusive marketing rights for a longan essence health supplement for mainland China and Hong Kong.

SINGAPORE(Oct 26): US hedge fund GeoInvesting LLC issued a critical report on Singapore-listed food processor Sino Grandness Food Industry Group, citing concerns in its reporting of revenues and a delay in an initial public offering of a unit in Hong Kong

SINGAPORE (Oct 4): NRA Capital has calculated an indicative fair value of 69 cents for Sino Grandness Food Industry Group, following its Sept 30 announcement of its rights issue to raise minimum net proceeds of about $66.4 million at an issue price of 31

SINGAPORE (Aug 11): Sino Grandness Food Industry Group has doubled its 1H16 earnings to RMB 517.9 million ($104.7 million) compared with earnings of RMB 234.2 million in 1H15 a year ago.

SINGAPORE (Aug 11): Sino Grandness Food Industry Group is worth considering at its current price of 54.5 cents as the stock is still trading at “unchallenging levels” in NRA Capital’s view.