Yap Kok Cheng, Qian Hu Corporation
Yap Kok Cheng, Qian Hu Corporation
3 January 2022
Mind Your Business: Qian Hu invests S$1 million in AquaEasy, a unit of the Bosch Group
Fish service provider, Qian Hu recently announced that it has entered into a S$1 million unsecured convertible loan agreement with AquaEasy, a unit of the Bosch Group, in a strategic aquaculture tie-up. Yap Kok Cheng, Chief Executive Officer, Qian Hu shares why he has decided to adopt aquaculture in their business model and how he is transforming the traditional cultivation of shrimps to something that is technologically driven.
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Listen to her previous podcasts:
15 January 2021
Qian Hu optimistic about aquaculture expansion plans in 2021
The new CEO of ornamental fish service provider Qian Hu Corporation already has an ambitious target in mind; to bring the company's revenue across the S$100 million mark. But, Qian Hu has reported losses of $1.4 million for FY2020 ended Dec 31, 2020, a 257.9% plunge from the $920,000 earnings it reported in the year before. So how will Qian Hu plan to get back on top? Yap Kok Cheng, CEO & General Manager China Operations, Qian Hu Corporation shares more.
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