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Grand Banks Yachts Expands with New Composite Facility

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Grand Banks Yachts Expands with New Composite Facility

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

Grand Banks Yachts Limited has unveiled a new state-of-the-art Composite Manufacturing Facility at its Pasir Gudang yard, expanding its manufacturing space by 25%. This development strengthens the company’s position as a major player in the luxury yacht industry, potentially enhancing its operational capabilities and market competitiveness.

More about Grand Banks Yachts

Grand Banks Yachts Limited is a leading company in the luxury boat-building industry, known for its advanced manufacturing facilities in Asia. The company produces renowned global brands such as Grand Banks, Palm Beach, and Eastbay.

YTD Price Performance: -18.18%

Average Trading Volume: 56,520

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$100.8M

See more data about G50 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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