Oceanus Group Limited just released a very disappointing set of half year 2024 results on 14th August 2024 which revealed a loss of <S$1.17Mil >. This is a hefty 92% worsening of results relative to 1H2023 of <S$610K>. Having years of losses and a mere 5% growth in revenue is one of the red flag indicator […]

source: https://thefinance.sg/2024/09/03/oceanus-group-limited-and-red-flag-on-strange-loan-to-external-3rd-party-at-incredulous-interest-free-rate/