Executive Director and Group Chief Executive Officer
Mr Peter H.K. Koh, PBM, was appointed as the Group’s Chief Executive Officer in December 2014 to spearhead and turnaround a company that has been placed on SGX-ST watchlist and was in the danger of going bankrupt due to a $94 million in debt. Mr Koh has been instrumental in driving the strategic direction and development of the Group’s business, including the diversification and expansion of the Group’s business model beyond farming, building new income streams for Oceanus’ long term sustainable growth.
He was also pivotal in the Group’s successful debt restructuring exercise, which was completed in December 2017, that had reversed the Group’s balance sheet back into the black. In September 2021, Mr Koh pulled Oceanus Group out from the SGX Watch-list, celebrating a major corporate milestone for the Group since taking the helm. This also represents the first time in the history of SGX-ST’s Watch-List, whereby a company successfully achieves a complete turnaround through concerted restructuring efforts after having faced such a situation for an extended period.
Mr Koh has more than three decades of experience across multiple industries, including media, branding, manufacturing and environment sustainability. Within the aquaculture industry, Mr Koh has taken up various positions with aquaculture innovation and research bodies, such as member of Advisory Board of James Cook University and member of Advisory Council of the Singapore Aquaculture Innovation Centre.
In 2021, Mr Koh is also a member for the Future Economy Council Reserve and Environment Sustainability, a committee set up by the Ministry for Sustainability and the Environment, which oversees the implementation of the recommendations of the Committee of Future Economy. He is also a member of the Standing Committee of North West Community Development Council
An astute entrepreneur, Mr Koh actively champions social causes and was conferred the Public Service Medal in 2014.
Independent, Non-Executive Director
Mr Edward Loy was appointed to the Board as an Independent, Non-Executive Director on 3 May 2018. Mr Loy is the Chairman of the Audit Committee. He was last re-elected on 31 July 2019.
Mr Loy has almost three decades of experience across multiple industries – including Banking, Insurance and FMCG – in various markets across the Asia-Pacific region. He brings with him rich experience in financial restructuring, mergers & acquisitions, risk management, operational and general management.
Currently the Managing Director of KONE Malaysia, he has also held senior positions in several multi-national companies. He was Regional Audit Manager at Unilever and Regional Finance Director at Saint-Gobain before becoming its Managing Director for Malaysia, Singapore and Indonesia. His work with these global companies has taken him to living in different countries across 2 continents. He was posted to China twice in his career.
Mr Loy holds a Bachelor of Commerce (Economics and Accounting) from The Australian National University and is a qualified Certified Public Accountant. Mr Loy completed Executive Management Programs at MIT Sloan in 2015 and IMD in 2018.
Independent, Non-Executive Director
Dr Yaacob was appointed to the Board as an Independent, Non-Executive Director on 1 September 2020. As former Minister for Communications and Information, Dr Yaacob adds diversity to Oceanus’ Board of Directors with extensive and varied experience in the area of Environment and Water Resources, and Communications and Information.
Dr Yaacob is currently a professor of engineering at the Singapore Institute of Technology (“SIT”) where he is also the Advisor to the President of SIT. He is also advising several star-ups and sits on several boards of private companies and unions.
Dr Yaacob served as a Minister in the Ministries of Communications and Information (2011 – 2018), Environment and Water Resources (2004 – 2011) and Community Development and Sports (2002 – 2004). Throughout his 16 years as a Minister, he was also Minister-in-charge of Muslim Affairs. He started his political career as a Member of Parliament in Jalan Besar GRC on 2 January 1997. He held several political appointments before becoming a minister in 2002. Dr Yaacob stepped down from the cabinet on 30 April 2018 after 23 years of service.
Dr Yaacob obtained his PhD at Stanford University and spent two years as a post-doctoral fellow at Cornell University. He also holds a Bachelor of Engineering (Honours) and a Master of Science from the University of Singapore.
Independent, Non-Executive Director
Mr Zahidi was appointed to the Board as an Independent, Non-Executive Director on 26 June 2020. Mr Zahidi is Chairman of the Nominating Committee and a member of the Audit Committee and the Remuneration Committee. Mr Zahidi has almost three decades of experience as an architect, providing architectural, interior design and project management services for buildings, housing and townships, as well as education institutions.
Currently the Principal Architect of Zahidi A.R. Arkitek, Mr Zahidi’s key projects include Eastparc Hotel Yokyakarta, Kebun Villas in Lombok, Somerset, Bencoolen, Curtin University (Singapore) and Danga Utama Commercial Development (JB, Malaysia). Mr Zahidi is also a board member of the Singapore Malay Chamber of Commerce and Industry and the Mendaki Foundation.
He was previously a board member of the Central Provident Fund Board, the Infocomm Media Development Authority and the National Heritage Board.
Mr Zahidi holds a Bachelor of Arts (Arch. Studies) and a Bachelor of Art (Hon) from the National University of Singapore.
Non-Independent, Non-Executive Director
Mr. Cuaca was appointed to the Board as a Non-Independent, Non-Executive Director on 15 December 2021.
Mr. Cuaca adds diversity to Oceanus’ Board of Directors with his varied investment and business development and branding experience, including a special focus on the ‘teching up’ of Oceanus business pillars and FMCG distribution.
Mr. Cuaca holds key business development, finance, and investment positions at Richard Mille Asia Pte. Ltd., CFAM Pte. Ltd., Alacrity Investment Group Limited Singapore and En Venture Pte. Ltd. As the Executive Director of luxury brand retailer, Richard Mille, Mr. Cuaca is actively involved with business development, branding strategy, inventory planning and customer relations. At CFAM, he is responsible for planning the strategy and structure of the company and evaluates potential investment projects. Mr Cuaca is also the Executive Director and key shareholder of Alacrity Investment Group, Oceanus’ largest shareholder.
Through his various investment companies, Mr. Cuaca has also been involved, or invested in several ESG related businesses, including Wasted Collective, a sustainable apparel company and Eat, Just Inc. an alternative food product company.
Mr. Cuaca obtained his Master of Arts in Management, at Regents University and holds a Bachelor of Science Accounting and Management, from the Queen Mary University of London.
Group Chief Financial Officer
Mr. Duane Ho was appointed Group Chief Financial Officer on 5 March 2018 and is part of the key management team that played a pivotal role in Oceanus Group’s turnaround and eventual exit from the watchlist.
Mr. Ho is responsible for all of the Group’s global financial functions including financial planning and analysis, budgeting, financial statement reporting, cash flow management, financial control, audit and corporate tax. He is also responsible for securing financing options available to the Group to fund its growth strategies, as well as leading the Group’s internal financial controls and risk management efforts.
Prior to his appointment, Mr. Ho spent four years in corporate advisory and restructuring firm, Borrelli Walsh, managing financial and operational restructurings as well as process improvements for its clients across Asia. Mr. Ho also led numerous C-level negotiations, M&A feasibility studies and provided end-to-end corporate financing advice to companies listed in Asia-Pacific.
Mr. Ho’s professional accreditations include CPA Australia, since 2013, and is a chartered accountant of Singapore. He graduated with a Bachelor of Commerce from the University of Melbourne with a double major in Accounting and Finance.
Group Director, Corporate Planning & Strategy
Ms. Daphne Lim joined Oceanus Group in April 2017 as Group Director, Corporate Planning & Strategy and is part of the key management team that played a pivotal role in Oceanus Group’s turnaround and eventual exit from the watchlist. .
She develops and implements policies, targets, procedures, organise manpower requirements as well as hiring and training employees within the Group. Ms. Lim is also actively involved in consolidating all matters in relation to HR, marketing and corporate matters, overseeing the Group’s various business units to ensure that they operate efficiently and effectively.
Ms. Lim served 9 years as a Manager at a managed HR and payroll services agency where she led a team of HR and payroll specialists in client management, serving over 300 MNC clients. During her tenure there, she was instrumental in driving profitability and streamlining processes as well as change management.
Group Director, Food Production
Ms. Jenny Koh joined Oceanus Group as Group Director, Food Production and is part of the key management team that played a pivotal role in Oceanus Group’s turnaround and eventual exit from the watchlist.
Ms. Koh oversees and leads the Group’s Food Production Pillar based on her in-depth knowledge and expertise in her prior work experience in China. Ms. Koh has also played a pivotal role in the changing landscape of Oceanus’ China operations in 2019 where she planned and executed the Group’s transition from a farming business model to a landlord instead.
Group Director, Commerce
Mr. Sammul Lin joined Oceanus Group as Group Director, Commerce in January 2021. He currently oversees the Group’s FMCG distribution business unit and is in-charge of ensuring its smooth operation.
Prior to joining Oceanus, Mr. Lin has had over 20 years’ experience in supply chain management within the FMCG industry. He was general manager for Season Hong International Trading Co. where he was involved in the overall day-to-day operations and played a role in the company’s business transformation into the leading distributor it is today.
Group Financial Controller
Ms. Tan May Ling was appointed Group Financial Controller in February 2017 and is part of the key management team that played a pivotal role in Oceanus Group’s turnaround and eventual exit from the watchlist. .
A veteran with close to four decades of industry experience, Ms. Tan has held several finance and accounting roles in companies of various sizes, ranging from SMEs to MNCs including Samco Civil Engineering Pte Ltd, Fusion Cosmetics Pte Ltd, Trade Alliance (S) Pte Ltd, and Borneo Sumatra Trading Co (S) Pte Ltd. Over the years, Ms Tan has amassed deep experience and capabilities in the areas of audit, taxation, GST and secretarial matters.
Group Director, Services (Media)
Mr. Nick Tan is the Chief Executive Officer of Oceanus Media Global, one of Oceanus Group’s subsidiaries.
Mr. Tan, an award-winning video producer/director, is also a multi-faceted media professional having spent over 11 years in the video production and creative media industry. His past track record has enabled him to develop AP Media into one of Southeast Asia’s leading interactive media production and integrated marketing agencies today. Some of his notable clients include Sheraton, DBS Bank, Civil Aviation Authority Singapore, Maritime Port Singapore amongst others.