Latest / Your Way Home with Hongbin Jeong
Under the Radar: From an ailing abalone producer to a foodtech company – Oceanus’ CEO Peter Koh on cleaning up the company; Diversification into distribution, services and innovation; When growth will stabilise; Focus in Chinese market, working with state owned China Resources Wufeng Co; Deal in Uzbekistan
From producing abalones to distributing FMCG products and to offering consultation services, our guest for today Oceanus has its wings spread across business pillars such as food production, innovation and distribution. The aim here is to leverage what it calls cross-pillar synergies for exponential growth to boost financial performance. But having a diversified portfolio of businesses hasn’t always been the case for Oceanus. It was once an abalone hatchery operator struggling with a lack of internal controls and corporate governance framework. At one point in 2014, the SGX mainboard-listed…
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