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oceanus group ltd (579) Details

Oceanus Group Limited, an investment holding company, engages in the research, development, breeding, production, and sale of Japanese breed abalones. It is also involved in the aquaculture production. Oceanus Group Limited was incorporated in 1998 and is headquartered in Singapore.

Founded in 1998

oceanus group ltd (579) Top Compensated Officers

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oceanus group ltd (579) Key Developments

Oceanus Group Limited To Include On The Singapore Exchange Securities Trading Limited Watch-List

The Board of Directors of Oceanus Group Limited announced that the Singapore Exchange Securities Trading Limited (the “SGX-ST”) has notified the Company that it will be placed on the watch-list with effect from 14 December 2015. In light of the Company’s inclusion on the watch-list, the Board wishes to further announced that the Company will: (a) immediately cease and discontinue all arrangements to undertake a transfer of the listing of the Company from the Main Board of the SGX-ST to the Catalist Board of the SGX-ST, as previously contemplated by the Company in the announcement dated 3 September 2015; and (b) have to fulfill the requirements under Rule 1314 of the SGX-ST Listing Manual for its removal from the watch-list within 24 months from 14 December 2015, failing which the SGX-ST may either delist the Company or suspend trading in the Company’s shares with a view to delisting the Company from the SGX-ST. The Company would like to notify all its shareholders and business partners that the Group’s business shall continue as usual, and that trading in its securities will also continue unless a trading halt or suspension is affected.

Oceanus Group Limited Announces Change of Registered Office Address

Oceanus Group Limited announced change in registered office address with effect from Dec. 4, 2015. The new address is 31 Harrison Road Food Empire Building, #11-03/04, Singapore 318450403.

Oceanus Group Limited Announces Unaudited Group Earnings Results for Third Quarter and Nine Months Ended September 30, 2015

Oceanus Group Limited announced unaudited group earnings results for third quarter and nine months ended September 30, 2015. For the quarter, the company reported loss before income tax of RMB 44,604,000, loss for the year from continuing operations of RMB 44,604,000, loss for the year of RMB 44,615,000 or RMB 1.23 per basic and diluted share, cash flows used in operating activities of RMB 5,209,000, purchase of property, plant and equipment of RMB 113,000, adjusted LBITDA of RMB 7,092,000 compared to the sales of aquaculture products of RMB 486,000, loss before income tax of RMB 70,189,000, loss for the year from continuing operations of RMB 70,190,000, loss for the year of RMB 70,649,000 or RMB 1.94 per basic and diluted share, cash flows used in operating activities of RMB 14,214,000, adjusted EBITDA of RMB 3,559,000 for the same quarter a year ago. For the nine months period, the company reported sales of aquaculture products of RMB 1,054,000, loss before income tax of RMB 114,799,000, loss for the year from continuing operations of RMB 114,799,000, loss for the year of RMB 114,731,000 or RMB 3.15 per basic and diluted share, cash flows used in operating activities of RMB 16,508,000, purchase of property, plant and equipment of RMB 113,000, adjusted LBITDA of RMB 5,153,000 compared to the sales of aquaculture products of RMB 1,434,000, loss before income tax of RMB 161,211,000, loss for the year from continuing operations of RMB 161,211,000, loss for the year of RMB 139,858,000 or RMB 3.84 per basic and diluted share, cash flows used in operating activities of RMB 27,390,000, adjusted LBITDA of RMB 13,188,000 for the same period a year ago.

 

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