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Oceanus Group completes purchase of majority stake in video marketing firm AP Media

S$400,000 cash payment is funded by the group's internal resources

Vivienne Tay

Vivienne Tay

Published Wed, Mar 20, 2019 · 09:50 PM

Singapore

ABALONE producer Oceanus Group, through its subsidiary Oceanus Investment Holdings (OIH), has completed the purchase of a 51 per cent stake in video marketing firm AP Media for about S$400,000.

The cash payment is funded by the group's internal resources, it said in a bourse filing on Tuesday night.

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