Oceanus partners Shaw Investment Holdings, Chinese construction firm to enhance food security

Oceanus partners Shaw Investment Holdings, Chinese construction firm to enhance food security

MAINBOARD-LISTED Oceanus Group has partnered Shaw Investment Holdings and China Construction Seventh Engineering Division to tackle food security concerns from governments around the world.

On Monday, the seafood value chain manager announced in a post-market close filing that it has inked a memorandum of understanding with the two parties to jointly explore global aquaculture-related investment opportunities and development projects worth US$500 million.

Executive director and CEO of Oceanus Group Peter Koh said: “We believe this tripartite collaboration is well-positioned to capitalise on the bourgeoning aquaculture opportunities globally.”

 

Read more here: https://www.businesstimes.com.sg/companies-markets/oceanus-partners-shaw-investment-holdings-chinese-construction-firm-to-enhance