The board of directors of Grand Banks Yachts Limited announced that an interim one-tier tax-exempt dividend of 0.5 Singapore cent per ordinary share has been declared in respect of the financial year ending 30 June 2024. The Share Transfer Books and Register of Members of the Company will be closed on 15 March 2024 (Record Date) for the purpose of determining shareholders' entitlements to the Interim Dividend. The Interim Dividend will be paid on 27 March 2024.