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Steering Oceanus Group out of troubled waters

CEO was a shareholder who felt he needed to help turn things around

Mr Koh will stay on at Oceanus for at least another five years, and hopes to see it become a food security company that conducts business through the seafood supply chain.


THREE years after Peter Koh stepped in to helm the troubled abalone producer, Oceanus Group is on its way out of storm-tossed waters.

The group chief executive has made good on his plan when he joined in end-2014 to cut costs, clean up the balance sheet and grow the...

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