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Oceanus Group
Insider moves
OCBC and UOB in active buybacks; largest shareholder of Oceanus raises stake
The two banks are actively buying back shares even as their share prices are around record levels
June 06, 2024
Company in the news
Oceanus signs agreement with Shaoxing partners to expand wine distribution business
Shaoxing is known for producing yellow wine since ancient times
May 29, 2024
Company in the news
Oceanus subsidiary appointed exclusive Chinese distributor of Penfolds Champagne
The appointment marks the first time that Treasury Wine Estates has granted exclusivity to a company for the whole of China.
March 22, 2024
Results
Oceanus reduces FY2023 losses as turnover hits new high
Cash balance reached $19.4 million, up 88% y-o-y
February 26, 2024
Results
Oceanus reports record revenue but a loss for FY2022
The company has widened its distribution network and expanded its product range
March 01, 2023
Deals, joint ventures & alliances
Oceanus inks trade agreement with Uzbekistan, eyes annual volume of more than US$200 mil
Koh calls the joint venture company one that can help drive the “upcoming tremendous” growth in bilateral trade volumes
January 16, 2023
Billion Dollar Club 2022
Sheng Siong Group dominates industry category yet again; Wilmar scores for earnings growth
Sheng Siong is a regular winner at the BDC
November 10, 2022
Company in the news
Oceanus appoints Sammul Lin as new COO, steps up distribution expansion
Oceanus, under group CEO Peter Koh, has identified food security as a key plank of the company’s new growth phase.
September 03, 2022
Results
Oceanus reports higher sales but incurs loss for 1HFY2022
The company expects higher costs but also higher revenue ahead
August 14, 2022
Results
Oceanus reports 597% jump in profit for 2H21, revenue up 553%
Despite the results, no dividend was declared due to accumulated losses.
March 01, 2022