Oceanus enters tripartite MoU for aquaculture-related investments; says 'working at pace' on aquaponics farm project

SINGAPORE (Apr 23): Oceanus Group has entered into a memorandum of understanding (MoU) with Shaw Investment Holdings and China Construction Seventh Engineering Division Corp (CSCEC7) to collaborate and jointly explore global aquaculture-related investment opportunities and development projects worth US$500 million ($661 million).

Front row, L-R: Ivan Lew, CEO, Shaw Investment Holdings; Peter Koh, CEO, Oceanus Group; Yin Da Yong, Managing Director, Overseas, China Construction Seventh Engineering Division Corp

Back row, L-R: Victor Sun, VP, Shaw Investment Holdings; Duane Ho, CFO, Oceanus Group; Liu Min Jun, Managing Director, Party Secretary, China Construction Seventh Engineering Division Corp

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