Eight-storey fish farm, built at cost of $65m, to be sold after owner’s financial woes

Eight-storey fish farm, built at cost of $65m, to be sold after owner’s financial woes

The Straits Times - Singapore·2024-10-18 01:00

SINGAPORE - Two companies have conditionally agreed to purchase beleaguered Apollo Aquaculture Group’s eight-storey fish farm in Lim Chu Kang, more than two years after the company ran into financial difficulties. 

The $65 million multi-storey fish farming facility, owned by the group’s subsidiary Apollo Aquarium, has been conditionally sold to local construction and engineering firm HPC Builders and Aquachamp, an investment holding company which has subsidiaries in the fish farming industry.

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