SINGAPORE (Sept 22): Oceanus Group, the seafood supply chain manager, was listed in Singapore in 2002.

At one point in time, business in China boomed as the country prospered, sending Oceanus’ market value to more than $2 billion.

However, things went south in 2011 and the company posted RMB2.1 billion in losses for FY2011.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook