Company Grand Banks Yachts Limited

Equities

G50

SG0504000043

Recreational Products

Market Closed - Singapore S.E. 09:08:46 26/04/2024 BST 5-day change 1st Jan Change
0.37 SGD 0.00% Intraday chart for Grand Banks Yachts Limited 0.00% +19.35%

Business Summary

Grand Banks Yachts Limited is a Singapore-based investment holding company. The Company through its subsidiaries, is engaged in the manufacturing and sale of luxury yachts across the world. The Company's segments include Manufacturing & trading and Others. The Manufacturing & trading segment comprising manufacturing and sale of yachts to end customers. It manufactures yachts under the Grand Banks, Eastbay and Palm Beach brands out of its manufacturing yard at Pasir Gudang, Johor, Malaysia, and provides customer support out of its service yard at Stuart, Florida, United States and Newport, New South Wales, Australia. The yachts range between approximately 42 feet and 85 feet. Its various yacht models include GRAND BANKS 54, GRAND BANKS 60, GRAND BANKS 85, EASTBAY 44, and EASTBAY 60. The Company's subsidiaries include GB Yachts Pte. Ltd., Grand Banks Yachts Sdn. Bhd., Grand Banks Yachts Australia Pty Ltd, Palm Beach Motor Yacht Co Pty Ltd, and Grand Banks Yachts Sales, LLC, among others.

Sales per Business

SGD in Million2022Weight2023Weight Delta
Manufacturing and Trading
87.8 %
65 86.4 % 100 87.8 % +54.37%
Others
12.2 %
10 13.6 % 14 12.2 % +36.02%

Sales per region

SGD in Million2022Weight2023Weight Delta
United States
61.3 %
45 59.5 % 70 61.3 % +56.29%
Australia
27.0 %
29 39.1 % 31 27.0 % +4.83%
Europe (Including United Kingdom)
10.3 %
1 0.7 % 12 10.3 % +2,119.77%
Asia
1.4 %
1 0.7 % 2 1.4 % +219.84%

Managers

Managers TitleAgeSince
Chief Executive Officer - 31/07/14
Director of Finance/CFO - -
Corporate Secretary - -

Members of the board

Members of the board TitleAgeSince
Chairman - 13/11/11
Director/Board Member - 27/10/15
Director/Board Member 73 13/11/11
Director/Board Member 55 20/02/13
Chief Executive Officer - 31/07/14

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 184,634,649 63,006,981 ( 34.13 %) 0 34.13 %

Company contact information

Grand Banks Yachts Ltd.

Wcega Tower 21 Bukit Batok Crescent

658065, Singapore

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http://www.grandbanks.com
address Grand Banks Yachts Limited(G50)
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