Oceanus Group Limited

Deals, joint ventures & alliances

Oceanus inks MOU with Temasek Poly to collaborate on aquaculture research

SINGAPORE (June 26): Oceanus Group, the premium seafood value chain manager, has entered into a memorandum of understanding (MOU) with Temasek Polytechnic to collaborate with the Aquaculture Innovation Centre (AIC) consortium in aquaculture research activ

Corporate moves

Acesian’s Loh buys shares from substantial shareholder; earnings improve but lawsuits remain

SINGAPORE (Apt 15): Kelvin Kwok Ying Choy, a substantial shareholder of Acesian Partners, has sold more than 22.5 million of his shares to Loh Yih, who is among the company’s larger shareholders.

M&A

Oceanus buys majority stake in media & marketing agency for $0.4 mil

SINGAPORE (Mar 20): Seafood supply chain manager Oceanus Group’s subsidiary, Oceanus Investment Holdings, has acquired a majority 51% stake in AP Media for $0.4 million from sole owner and director Tan Guan Cheong.

M&A

Oceanus buys majority stake in media & marketing agency for $0.4 mil

SINGAPORE (Mar 20): Seafood supply chain manager Oceanus Group’s subsidiary, Oceanus Investment Holdings, has acquired a majority 51% stake in AP Media for $0.4 million from sole owner and director Tan Guan Cheong.

Management & Corporate Governance

Oceanus Group to appoint RSM Chio Lim as auditors for FY18

SINGAPORE (Dec 3): Oceanus Group, the seafood supplier and land-based abalone producer, plans to appoint RSM Chio Lim LLP as auditors for the FY18 ending Dec.

Oceanus invests in Singapore’s largest barramundi fish farm

SINGAPORE (Sept 5): Oceanus Group, the premium seafood value chain manager, has entered into a convertible loan agreement with Barramundi Asia.

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

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

Oceanus granted six-month extension to meet SGX watch list exit criteria

SINGAPORE (Mar 7): Oceanus Group has been granted an extension of six months to exit the Singapore Exchange’s (SGX) watch list.

Results

Oceanus reports first profit in five years; turns net cash positive

SINGAPORE (Mar 1): Oceanus Group has reported its first full-year profit in five years.
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