SINGAPORE (May 22): Oceanus Group, known for abalone farming, has a new business model. While prospects for rearing and selling the seafood delicacy to the emerging Chinese middle-class remain strong, Peter Koh, the CEO, believes he can do better without getting tied down with fixed costs and risks that farming entails. 

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.


  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply