TRANSFORMING LANGKAWI INTO A SUCCESSFUL AND SUSTAINABLE GROUPER INDUSTRY HUB IN MALAYSIA

Grouper aquaculture is a promising industry with a huge potential and exciting opportunities. It proves to be economically feasible, innovative and sustainable in terms of investing financial resources into the projects. With demands from local and international markets, gradual increasing prices will be viable for the business. It also serves as the symbol of luxury and exclusivity which are the important link in tapping the market, thus guaranteeing huge potential for new companies to venture into grouper farming business.

Fishance Berhad is a newly-established aquaculture business specializing in indoor hatchery and cage system fish farming  and is involved in the aquaculture industry since August 2016. Fishance started with 100 cages in Tanjung Rhu, Langkawi and now has up to 2000 cages located in Langgun Island. Fishance has organized the strategic plans not only to construct 10,000 cages by year 2019, but also will focus on the developmental of sustainable farming, strengthening operations and achieving business goals. Furthermore, we are committed to be accredited with the following certifications; MyGAP (Malaysia Good Aquaculture Practice), FQC (Fish Quality Certificate), BAP (Best Aquaculture Practice), ASC (Aquaculture Stewardship Council) by upgrading the infrastructure and services into world-class standard and establishing a Center of Excellence to train and develop experts in aquaculture-related fields as well as to be a leading company in the aquaculture business.

Fishance Berhad's main objectives are to engage in sustainable, clean and green aquaculture farming and also to be the largest producer of aquaculture marine fish in Malaysia. Our aim is to transform and highlight Langkawi as the first sustainable and successful International Grouper Hub in the region. Langkawi has the advantage of a duty-free zone and ideal conditions for production of sufficient best quality of groupers to be produced. This will attract business ventures with Live-Fish export traders from China, Hong Kong, Singapore and other important South East Asia countries.