Grand Banks Yachts Clarifies Director’s Past

Grand Banks Yachts (SG:G50) has released an update.

Grand Banks Yachts Limited has issued a clarification in their 2023 Annual Report regarding director Mr. Basil Chan’s past involvement with corporations under investigation. The update corrects disclosure information, detailing Mr. Chan’s non-executive roles at Stratech Systems Limited and AEM Holdings Limited, where investigations by authorities took place during his tenure but resulted in no charges against him.

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