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Ann: Seaweed Bio-Energy Generation and Storage Solutions, page-10

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    BP8 (via its former incarnation SCU) has a marine research lab in singapore which it leases from the singapore gov for peppercorn rent

    Previously, Gu (former MD) used this lab as the company's defacto HR, and to conduct his seaweed experiments

    Following the 'take-over' and resignation of Gu, the new leadership shut down the seaweed experiments and outsourced the management of the centre

    This placed the continuation of the lease in jeopardy (because there is no longer any research activity occuring)

    In my opinion, they have commenced this research work as a mere pretence for continuing the lease arrangements
 
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