SINGAPORE – The baptism of fire when chief executive Peter Koh first took the helm at Oceanus Group came in the form of a disgruntled shareholder asking if he could guarantee a turnaround of the abalone producer.
It was a timely question given the firm was about to go bankrupt under around $94 million in debt.
Read more here: https://www.straitstimes.com/business/companies-markets/pulled-from-near-bankruptcy-oceanus-now-aims-to-be-global-foodtech-firm
