Shares in SunMoon have fallen 44.44% to a low of 4.5 cents in the year to date (YTD) with a market cap of $33.83 million.
The group last reported a y-o-y widening of its 2Q18 losses to $2.6 million despite higher revenue, due to higher cost of sales.
In a filing to the SGX on Tuesday evening, SunMoon says its business shall continue as usual, as will the trading of the company’s shares unless a trading halt or suspension is effected.
Shares in the group closed at 4.7 cents on Tuesday.
