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Oceanus major business model restructure

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teeth53
    06-Feb-2017 15:53  
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Even bad business can get good money.

happyharvest      ( Date: 06-Feb-2017 15:52) Posted:



hope so!

WonderfulWorld      ( Date: 06-Feb-2017 15:28) Posted:



Generally, it seems that the current top management look very decent..

Hope the other managment team members, in Oceanus organisation, are also just as decent


 
 
happyharvest
    06-Feb-2017 15:52  
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hope so!

WonderfulWorld      ( Date: 06-Feb-2017 15:28) Posted:



Generally, it seems that the current top management look very decent..

Hope the other managment team members, in Oceanus organisation, are also just as decent

 
 
WonderfulWorld
    06-Feb-2017 15:28  
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Generally, it seems that the current top management look very decent..

Hope the other managment team members, in Oceanus organisation, are also just as decent
 

 
happyharvest
    06-Feb-2017 14:35  
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There' s not much coverage for other mangement team member but for  Mr Peter H.K. Koh, PBM, he seems to be doing a good job to help the company survive. We will see if his efforts pay off these 2 years. My first impression is he is rather experience

WonderfulWorld      ( Date: 06-Feb-2017 14:23) Posted:



The downfall of Oceanus arises from the many mistakes and faults (remember that past china director - " rotten egg" ) in the management team.

What are your views of these current top management team members in Oceanus ?

Dr Ng Cher Yew

+-Non-Executive Chairman

 

Mr Peter H.K. Koh, PBM

+-Group Chief Executive Officer

Having spent 22 years building a branding company he founded, which has a business presence across three continents, Mr Koh sold the overseas operations six years ago and divided his time between charities and investments.



Prior to his retirement, he was involved in the day-to-day operations and developments of his company&rsquo s business divisions, namely, Media Productions, Interactive, Visual Designs and Merchandising. Under his stewardship, the company had ventured into Original Equipment Manufacturing (OEM) for major retail brands and is also amongst the first few selected by the Singapore Media Development Authority to produce HD-format TV infotainment programmes. He led the Merchandising division in securing licensing rights for the FIFA 2006 World Cup, and in 2009, the company won The Summit International Award for marketing effectiveness in USA.

His past and present directorship appointment includes PT. Kertas Blabak, Indonesia&rsquo s fourth largest recycle paper mill, Eagle Coin, a joint venture with China largest food manufacturer and State Owned Enterprise, as well as Investment Advisor to the Sino-Indian Conglomerate Ramky-Revo for their overseas investments.

An astute entrepreneur, Mr Koh also actively champions social causes and was conferred the Public Service Medal in 2014. He sits on the council of the Central Singapore Community Development Council and Singapore Community Chest Share Committee. His previous appointments includes sitting on the Advisory Board of the National Youth Council&rsquo s National Youth Award, Chairman of Rotary Club of Singapore Vocational that oversees the Rotary-ASME Entrepreneur of the Year Award.

After a five years break, Mr Koh returned to the business community in December 2014 when he was appointed Group CEO of Oceanus Group Limited.
 

A/Prof Matthew Tan

+-Chief Technology Officer

Associate Professor Matthew Tan is the Chief Technology Officer of the company. He is responsible for the development of our farms&rsquo Risk Management framework & operational protocols and also oversees the development and implementation of our farm Bio-security plan which includes the validation & adoption of sustainable technologies, use of renewal energy, implementation of water monitoring system, animal nutrition & feed formulation and operation of the Re-circulating Aquaculture System for our pilot RAS hatchery.



Alongside the Group&rsquo s push towards consolidating and standardising its operational procedures, A/Prof Tan is in the midst of developing the Group&rsquo s operations manual to enable the smooth operations of its Bio-secured facilities.

A/Prof Tan brings a wealth of experience to the Oceanus Group. He was previously the CEO of SIF Technologies Pte Ltd (10 years) where he has been involved in the extensive implementation of engineering solutions to many aquaculture farms (private and state-owned) and an Oceanarium in both Singapore and Asia.

A/ Prof Tan is also Singapore representative (private sector) in APEC PPFS (Policy Partnership for Food Security &ndash Asia Pacific Economic Co-operation) and is also currently the Co-Chair of the Working group responsible for Sustainable Development in Agricultural and Fishery sector. In his capacity as Co-Chair, he co-ordinates discussions between APEC governments and the private sector on the use of technology and combined resources for Sustainable Development of Agriculture and Fishery Sectors within the APEC region.

He is also currently serving as an Adjunct Associate Professor in the School of Chemical and Biomedical Engineering, Nanyang Technological University.
 

Mr. Stephen Lee

+-Non-Executive Director

Mr Stephen Lee joined AIF Capital in 1994 and has led investments in media, transportation, pharmaceuticals, power, telecommunication and transportation sectors across China, Hong Kong, Taiwan, India, Indonesia, Singapore Malaysia, the Philippines and South Korea. He has over 15 years of private equity, direct investment and industry experience and represents AIF Capital on the boards of various portfolio companies.



Prior to AIF Capital, Mr Lee worked for the City of North York in Toronto as an urban development engineer and Unibrite Corporation, Toronto where he was a director responsible for real estate investments, land development feasibility studies and financing strategies.

Mr Lee graduated from the University of Toronto, Canada with a B.Sc. degree in Civil Engineering, an M.E. in Transportation & Urban Planning and an M.B.A. He is a professional engineer, a CFA charter holder and a SEPC graduate from Harvard Business School. Mr. Lee is fluent in Cantonese and Mandarin.
 

Mr. Kee Poir Mok

+-Independent Director

Mr Kee Poir Mok was appointed to the Board as Non-Executive Director on 31 July 2013 and was re-designated as an Independent Director with effect from 08 June 2015.



Mr Kee is currently the Managing Partner of 125 Capital LLP, an Investment Management company.

Previously, Mr Kee was Regional Manager and Managing Director of Goldman Sachs, and also sat on the Board of Goldman Sachs Singapore Pte Ltd from 2003 to 2008. In addition to his 20 years of experience at Goldman Sachs, he also played managerial roles specialising in investments at Nikko Merchant Bank (Singapore) and United Overseas Bank (Singapore).

Mr Kee graduated with a Bachelor of Business Administration from the National University of Singapore.
 

Mr. Alvin Yeo Kan Yen

+-Lead Independent Director

Mr Yeo Kan Yen, Alvin was appointed to the Board as Independent Director of the Company, Chairman of the Audit Committee and member of the Remuneration Committee on 31 July 2013.



Mr Yeo is currently Executive Director of SGX-listed Cacola International Furniture Limited Executive Director of PrimasianaPte Ltd and Managing Director of Carriernet Corporation Singapore Pte Ltd

Mr Yeo had previously held various leadership appointments including Chief Operating Officer and Executive Director of SGX-listed CarrierNet Global Ltd. Regional Sales Manager at Nagamei Marine Pte. Ltd. Chief Operating Officer of Indonesia-based PT. AtlasatSolusindo and Regional Sales Manager of Hong Kong-based system integration company Prudential Capital Technologies (China) Limited.

Mr Yeo graduated with a Master of Science degree in Information Systems majoring in Information Systems Management from the Hawaii Pacific University, Honolulu, Hawaii and a Bachelor degree in Business Administration majoring in Accounting from the University of Hawaii at Manoa, Honolulu, Hawaii.
 

Mr. Jason Kardachi

+-Non-Executive Director

Mr Jason Aleksander Kardachi was appointed a Non- Executive Director of Oceanus Group Limited on 13 April 2015.



MrKardachi has served as Managing Director of Borrelli Walsh Pte Ltd since 2010 and as a Director of PT BerlianLaju Tanker Tbk since 19 March 2014.

Previously, MrKardachi has served as the Managing Partner of Teak Capital Partners Pte Ltd from 2007 to 2010, Head of Special Solutions HSBC from 2006 to ­ 2007 and Senior Manager at PricewaterhouseCoopers from 2001 ­ to 2006.

Mr Kardachi has over 20 years of experience in corporate advisory and restructuring in Asia Pacific. Mr Kardachi is a Chartered Accountant and graduated from University of Adelaide, Australia with a Bachelor of Commerce and Bachelor of Economics.
 

Mr. Wong Ann Chai

+-Non-Executive Director

Mr Wong Ann Chai was appointed to the Board as a Non- Executive Director on 13 April 2015 and was re-designated as an Independent Director with effect from 08 June 2015



Mr Wong Ann Chai is currently Managing Director and co-founder of NanosunPte Ltd, a high technology water membrane producer and water treatment system design company specialising in drinking, industrial waste water, and also food processing with anti-bacterial properties. Nanosun uses nanotechnology to create membranes with self-cleaning and high flux properties, and integrating to increase efficiency of water treatment plants. Core markets are in China and Indonesia.

Mr Wong was Managing Director in Equity Capital Markets (&ldquo ECM&rdquo ), Investment Banking Division, and Head for Corporate Planning (investment portfolio, market development) in DBS Bank. Under the portfolio, Mr Wong was Director on the Board of the Bank of the Philippine Islands (Nomination and Credit sub-Committees) and DBS-Cholamandalam Finance Limited (India) (Business and Audit sub-Committees). Mr Wong moved to global firm, Nomura Investment Banking Division, as Executive Director with responsibilities for South East Asia focusing on financial institutions, and technology (water treatment, high tech materials), transport and logistics, integrating client solutions for equity, debt and mergers/acquisition advisory to meet business demands and expansion. Leveraging on his institutional banking background, Mr Wong then transited from the sell-side to the buy-side, and worked on raising capital to fund start-ups in with high growth potential.

Mr Wong won a government scholarship for undergraduate study at Oxford University, and graduated with Bachelor of Arts (Honours) and was absorbed into the Administrative Service. Mr Wong took an MBA at MIT &ndash Sloan School of Management and was Sloan Fellow for Global Leadership and Innovation. He was awarded the PPA (Silver) for his contribution to public service and policy work. He has served on the Boards of Spring Singapore (Ministry of Trade & Industry), Nanyang Business School Advisory, ST Electronics (ISS), Chartered Electro-Optics, ST Aerospace (Supplies), Defence Finance Supervision, Community Chest, and SP Corporation Ltd (SGX).

 
 
jxjxwin
    06-Feb-2017 14:23  
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right! don' t think too much!
 
 
WonderfulWorld
    06-Feb-2017 14:23  
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The downfall of Oceanus arises from the many mistakes and faults (remember that past china director - " rotten egg" ) in the management team.

What are your views of these current top management team members in Oceanus ?

Dr Ng Cher Yew

+-Non-Executive Chairman

 

Mr Peter H.K. Koh, PBM

+-Group Chief Executive Officer

Having spent 22 years building a branding company he founded, which has a business presence across three continents, Mr Koh sold the overseas operations six years ago and divided his time between charities and investments.



Prior to his retirement, he was involved in the day-to-day operations and developments of his company&rsquo s business divisions, namely, Media Productions, Interactive, Visual Designs and Merchandising. Under his stewardship, the company had ventured into Original Equipment Manufacturing (OEM) for major retail brands and is also amongst the first few selected by the Singapore Media Development Authority to produce HD-format TV infotainment programmes. He led the Merchandising division in securing licensing rights for the FIFA 2006 World Cup, and in 2009, the company won The Summit International Award for marketing effectiveness in USA.

His past and present directorship appointment includes PT. Kertas Blabak, Indonesia&rsquo s fourth largest recycle paper mill, Eagle Coin, a joint venture with China largest food manufacturer and State Owned Enterprise, as well as Investment Advisor to the Sino-Indian Conglomerate Ramky-Revo for their overseas investments.

An astute entrepreneur, Mr Koh also actively champions social causes and was conferred the Public Service Medal in 2014. He sits on the council of the Central Singapore Community Development Council and Singapore Community Chest Share Committee. His previous appointments includes sitting on the Advisory Board of the National Youth Council&rsquo s National Youth Award, Chairman of Rotary Club of Singapore Vocational that oversees the Rotary-ASME Entrepreneur of the Year Award.

After a five years break, Mr Koh returned to the business community in December 2014 when he was appointed Group CEO of Oceanus Group Limited.
 

A/Prof Matthew Tan

+-Chief Technology Officer

Associate Professor Matthew Tan is the Chief Technology Officer of the company. He is responsible for the development of our farms&rsquo Risk Management framework & operational protocols and also oversees the development and implementation of our farm Bio-security plan which includes the validation & adoption of sustainable technologies, use of renewal energy, implementation of water monitoring system, animal nutrition & feed formulation and operation of the Re-circulating Aquaculture System for our pilot RAS hatchery.



Alongside the Group&rsquo s push towards consolidating and standardising its operational procedures, A/Prof Tan is in the midst of developing the Group&rsquo s operations manual to enable the smooth operations of its Bio-secured facilities.

A/Prof Tan brings a wealth of experience to the Oceanus Group. He was previously the CEO of SIF Technologies Pte Ltd (10 years) where he has been involved in the extensive implementation of engineering solutions to many aquaculture farms (private and state-owned) and an Oceanarium in both Singapore and Asia.

A/ Prof Tan is also Singapore representative (private sector) in APEC PPFS (Policy Partnership for Food Security &ndash Asia Pacific Economic Co-operation) and is also currently the Co-Chair of the Working group responsible for Sustainable Development in Agricultural and Fishery sector. In his capacity as Co-Chair, he co-ordinates discussions between APEC governments and the private sector on the use of technology and combined resources for Sustainable Development of Agriculture and Fishery Sectors within the APEC region.

He is also currently serving as an Adjunct Associate Professor in the School of Chemical and Biomedical Engineering, Nanyang Technological University.
 

Mr. Stephen Lee

+-Non-Executive Director

Mr Stephen Lee joined AIF Capital in 1994 and has led investments in media, transportation, pharmaceuticals, power, telecommunication and transportation sectors across China, Hong Kong, Taiwan, India, Indonesia, Singapore Malaysia, the Philippines and South Korea. He has over 15 years of private equity, direct investment and industry experience and represents AIF Capital on the boards of various portfolio companies.



Prior to AIF Capital, Mr Lee worked for the City of North York in Toronto as an urban development engineer and Unibrite Corporation, Toronto where he was a director responsible for real estate investments, land development feasibility studies and financing strategies.

Mr Lee graduated from the University of Toronto, Canada with a B.Sc. degree in Civil Engineering, an M.E. in Transportation & Urban Planning and an M.B.A. He is a professional engineer, a CFA charter holder and a SEPC graduate from Harvard Business School. Mr. Lee is fluent in Cantonese and Mandarin.
 

Mr. Kee Poir Mok

+-Independent Director

Mr Kee Poir Mok was appointed to the Board as Non-Executive Director on 31 July 2013 and was re-designated as an Independent Director with effect from 08 June 2015.



Mr Kee is currently the Managing Partner of 125 Capital LLP, an Investment Management company.

Previously, Mr Kee was Regional Manager and Managing Director of Goldman Sachs, and also sat on the Board of Goldman Sachs Singapore Pte Ltd from 2003 to 2008. In addition to his 20 years of experience at Goldman Sachs, he also played managerial roles specialising in investments at Nikko Merchant Bank (Singapore) and United Overseas Bank (Singapore).

Mr Kee graduated with a Bachelor of Business Administration from the National University of Singapore.
 

Mr. Alvin Yeo Kan Yen

+-Lead Independent Director

Mr Yeo Kan Yen, Alvin was appointed to the Board as Independent Director of the Company, Chairman of the Audit Committee and member of the Remuneration Committee on 31 July 2013.



Mr Yeo is currently Executive Director of SGX-listed Cacola International Furniture Limited Executive Director of PrimasianaPte Ltd and Managing Director of Carriernet Corporation Singapore Pte Ltd

Mr Yeo had previously held various leadership appointments including Chief Operating Officer and Executive Director of SGX-listed CarrierNet Global Ltd. Regional Sales Manager at Nagamei Marine Pte. Ltd. Chief Operating Officer of Indonesia-based PT. AtlasatSolusindo and Regional Sales Manager of Hong Kong-based system integration company Prudential Capital Technologies (China) Limited.

Mr Yeo graduated with a Master of Science degree in Information Systems majoring in Information Systems Management from the Hawaii Pacific University, Honolulu, Hawaii and a Bachelor degree in Business Administration majoring in Accounting from the University of Hawaii at Manoa, Honolulu, Hawaii.
 

Mr. Jason Kardachi

+-Non-Executive Director

Mr Jason Aleksander Kardachi was appointed a Non- Executive Director of Oceanus Group Limited on 13 April 2015.



MrKardachi has served as Managing Director of Borrelli Walsh Pte Ltd since 2010 and as a Director of PT BerlianLaju Tanker Tbk since 19 March 2014.

Previously, MrKardachi has served as the Managing Partner of Teak Capital Partners Pte Ltd from 2007 to 2010, Head of Special Solutions HSBC from 2006 to ­ 2007 and Senior Manager at PricewaterhouseCoopers from 2001 ­ to 2006.

Mr Kardachi has over 20 years of experience in corporate advisory and restructuring in Asia Pacific. Mr Kardachi is a Chartered Accountant and graduated from University of Adelaide, Australia with a Bachelor of Commerce and Bachelor of Economics.
 

Mr. Wong Ann Chai

+-Non-Executive Director

Mr Wong Ann Chai was appointed to the Board as a Non- Executive Director on 13 April 2015 and was re-designated as an Independent Director with effect from 08 June 2015



Mr Wong Ann Chai is currently Managing Director and co-founder of NanosunPte Ltd, a high technology water membrane producer and water treatment system design company specialising in drinking, industrial waste water, and also food processing with anti-bacterial properties. Nanosun uses nanotechnology to create membranes with self-cleaning and high flux properties, and integrating to increase efficiency of water treatment plants. Core markets are in China and Indonesia.

Mr Wong was Managing Director in Equity Capital Markets (&ldquo ECM&rdquo ), Investment Banking Division, and Head for Corporate Planning (investment portfolio, market development) in DBS Bank. Under the portfolio, Mr Wong was Director on the Board of the Bank of the Philippine Islands (Nomination and Credit sub-Committees) and DBS-Cholamandalam Finance Limited (India) (Business and Audit sub-Committees). Mr Wong moved to global firm, Nomura Investment Banking Division, as Executive Director with responsibilities for South East Asia focusing on financial institutions, and technology (water treatment, high tech materials), transport and logistics, integrating client solutions for equity, debt and mergers/acquisition advisory to meet business demands and expansion. Leveraging on his institutional banking background, Mr Wong then transited from the sell-side to the buy-side, and worked on raising capital to fund start-ups in with high growth potential.

Mr Wong won a government scholarship for undergraduate study at Oxford University, and graduated with Bachelor of Arts (Honours) and was absorbed into the Administrative Service. Mr Wong took an MBA at MIT &ndash Sloan School of Management and was Sloan Fellow for Global Leadership and Innovation. He was awarded the PPA (Silver) for his contribution to public service and policy work. He has served on the Boards of Spring Singapore (Ministry of Trade & Industry), Nanyang Business School Advisory, ST Electronics (ISS), Chartered Electro-Optics, ST Aerospace (Supplies), Defence Finance Supervision, Community Chest, and SP Corporation Ltd (SGX).
 

 
happyharvest
    06-Feb-2017 14:05  
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wait for their earning results lo

mepkoh      ( Date: 06-Feb-2017 11:17) Posted:



history will bring u to  the future..

without it..might as well be zombies..

i will wait until the mgt proof themselves..

Phantom1984      ( Date: 06-Feb-2017 09:38) Posted:



For now... the amount of buying volume is kinda of unusual. If we talking about the past we could not bring our self to the next step forward. This company sure have a lot of problems but I&rsquo m sure their life span has extent to the next 2 years.


 
 
happyharvest
    06-Feb-2017 14:02  
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you think too much la

jxjxwin      ( Date: 06-Feb-2017 13:50) Posted:



if questionable volumn MAS will step in now.

 
 
jxjxwin
    06-Feb-2017 13:50  
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if questionable volumn MAS will step in now.
 
 
mepkoh
    06-Feb-2017 11:17  
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history will bring u to  the future..

without it..might as well be zombies..

i will wait until the mgt proof themselves..

Phantom1984      ( Date: 06-Feb-2017 09:38) Posted:



For now... the amount of buying volume is kinda of unusual. If we talking about the past we could not bring our self to the next step forward. This company sure have a lot of problems but I&rsquo m sure their life span has extent to the next 2 years.

mepkoh      ( Date: 06-Feb-2017 09:29) Posted:



right mgt??

thatsa big joke...

from being fleeced by its emplyees...remeber suddenly the abalones all get wiped out one year..

manage sacked but losses continues year after year...where is the mgt?? getting fat allowances through personal dealings??


 

 
WonderfulWorld
    06-Feb-2017 11:10  
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Looks like profit taking..and ongoing accumulation   => Consoliddating at 0.10
 
 
Phantom1984
    06-Feb-2017 09:38  
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For now... the amount of buying volume is kinda of unusual. If we talking about the past we could not bring our self to the next step forward. This company sure have a lot of problems but I&rsquo m sure their life span has extent to the next 2 years.

mepkoh      ( Date: 06-Feb-2017 09:29) Posted:



right mgt??

thatsa big joke...

from being fleeced by its emplyees...remeber suddenly the abalones all get wiped out one year..

manage sacked but losses continues year after year...where is the mgt?? getting fat allowances through personal dealings??

Phantom1984      ( Date: 06-Feb-2017 09:22) Posted:



  It is an risk and a lot of factor to consider. Big shareholders (turn their debt to share) would wan to make sure this counter stay  afloat,  anything goes wrong their money will become a bad debt to them. Yes it is a dangerous counter, but with the right man managing this company i believe it will stay afloat for sometimes. 


 
 
mepkoh
    06-Feb-2017 09:29  
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right mgt??

thatsa big joke...

from being fleeced by its emplyees...remeber suddenly the abalones all get wiped out one year..

manage sacked but losses continues year after year...where is the mgt?? getting fat allowances through personal dealings??

Phantom1984      ( Date: 06-Feb-2017 09:22) Posted:



  It is an risk and a lot of factor to consider. Big shareholders (turn their debt to share) would wan to make sure this counter stay  afloat,  anything goes wrong their money will become a bad debt to them. Yes it is a dangerous counter, but with the right man managing this company i believe it will stay afloat for sometimes. 

GuavaXF30      ( Date: 06-Feb-2017 08:49) Posted:

Careful. This is a dangerous counter to put money in. No substance in their business model


 
 
Phantom1984
    06-Feb-2017 09:22  
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  It is an risk and a lot of factor to consider. Big shareholders (turn their debt to share) would wan to make sure this counter stay  afloat,  anything goes wrong their money will become a bad debt to them. Yes it is a dangerous counter, but with the right man managing this company i believe it will stay afloat for sometimes. 

GuavaXF30      ( Date: 06-Feb-2017 08:49) Posted:

Careful. This is a dangerous counter to put money in. No substance in their business model.

Phantom1984      ( Date: 06-Feb-2017 07:39) Posted:

Lol i said, today closing will be 10 or 1


 
 
GuavaXF30
    06-Feb-2017 08:49  
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Careful. This is a dangerous counter to put money in. No substance in their business model.

Phantom1984      ( Date: 06-Feb-2017 07:39) Posted:

Lol i said, today closing will be 10 or 11

machidrain      ( Date: 05-Feb-2017 22:12) Posted:



careful, i am going to short tomorrow, dont get stuck with this counter, predict it will go back to around 0.006 region.


 

 
Phantom1984
    06-Feb-2017 07:39  
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Lol i said, today closing will be 10 or 11

machidrain      ( Date: 05-Feb-2017 22:12) Posted:



careful, i am going to short tomorrow, dont get stuck with this counter, predict it will go back to around 0.006 region.

 
 
machidrain
    05-Feb-2017 22:12  
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careful, i am going to short tomorrow, dont get stuck with this counter, predict it will go back to around 0.006 region.
 
 
churnw
    05-Feb-2017 21:50  
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Going up ...
 
 
NoMoney
    05-Feb-2017 16:04  
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i see there might be another 1-2 days upside, reverse white hammer should go above 0.012 " By Right"

 
 
 
happyharvest
    05-Feb-2017 13:28  
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U mean more flying abalone or abalone shot?

churnw      ( Date: 05-Feb-2017 12:42) Posted:

With this kind of volume on Friday ...
Coming Monday will see some action ...

 
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