Today from UOBKayHian.com – Strong Turnaround; Targets To Build A Foodtech Company With Regional Presence
CEO Peter Koh, who joined Oceanus in Dec 14, has delivered the promised turnaround and now aims to drive the company higher. From the brink of bankruptcy, Oceanus has successfully cleaned up its business since 2017 and grown its revenue manifold from 2018-20. The recent setting up of Season Global will enable Oceanus to attract MNC brands and expand its China distribution business in a big way. Oceanus targets to build a foodtech company and to become a regional player.