Oceanscape International Pivots to New Business as Legacy Operations Remain Loss-Making

V2Y Corporation Ltd. ( (SG:V2Y) ) has shared an update.

At an extraordinary general meeting held in Singapore on 25 November 2025, Oceanscape International Limited’s shareholders were briefed on a proposal to diversify the group’s existing core business to include a new line of activity. In response to shareholder concerns about the company’s history of diversification and its going-concern status, the chairman said the board’s strategic review had concluded that the current businesses are loss-making, making it necessary to seek new revenue sources, and stressed that the planned new business leverages the experience and successful track record of interim executive chairman Lang Jinjun. While no shareholders submitted questions ahead of the meeting, the discussion underscored management’s push to reposition the company’s operations and address financial pressures by pivoting into a business area it believes offers more sustainable prospects.

The most recent analyst rating on (SG:V2Y) stock is a Sell with a S$0.01 price target. To see the full list of analyst forecasts on V2Y Corporation Ltd. stock, see the SG:V2Y Stock Forecast page.

More about V2Y Corporation Ltd.

Oceanscape International Limited, formerly known as V2Y Corporation Ltd., is a Singapore-incorporated company listed on SGX that has historically operated several diversified businesses, though its existing core operations are currently loss-making and in need of new revenue streams. The board has been conducting a strategic review to reposition the group by moving into a new line of business in which its interim executive chairman, Lang Jinjun, has substantial experience and a proven track record.

Technical Sentiment Signal: Sell

Current Market Cap: S$3.71M

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