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Oslo-listed Barramundi Group considering dual listing on SGX

Singapore sustainable fish farming company eyeing profitability for its operations in Singapore and Australia

Published Fri, Aug 27, 2021 · 05:50 AM

Singapore

SINGAPORE-BASED Barramundi Group went public this month on the Euronext Growth Oslo, and the company is looking to use the proceeds to drive its expansion.

The sustainable fish farming company wants to more than treble its production output over the next five years and is eyeing profitability for its operations in Singapore and Australia, chief executive Andreas von Scholten said.

Speaking to The Business Times, he said: "Sometimes, people see an (initial public offering) as sort of the end goal. To me, this is the beginning.

"We can really start to create the company in a really exciting way."

A dual listing on the Singapore Exchange is something he would like to do as well, he added.

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Previously known as Barramundi Asia, the company established its first farm site in Singapore in 2008 with a focus on growing that eponymous species of fish…

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