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Grand Banks Yachts ( (SG:G50) ) has provided an update.
Grand Banks Yachts Limited has announced the official opening of its new Composite Production Factory in Pasir Gudang, Johor, Malaysia, scheduled for March 4, 2025. This facility is expected to enhance the company’s production capabilities and strengthen its market position. Shareholders are invited to attend the opening ceremony, which includes a tour of the facility, with transportation and meals provided. The event underscores Grand Banks’ commitment to expanding its operational infrastructure and engaging with its stakeholders.
More about Grand Banks Yachts
Grand Banks Yachts Limited operates in the luxury yacht industry, specializing in the design and manufacture of high-end yachts. The company is known for its Grand Banks, Palm Beach Motor Yachts, and Eastbay Yachts brands, focusing on delivering premium maritime experiences.
YTD Price Performance: -17.42%
Average Trading Volume: 56,082
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$101.7M
For a thorough assessment of G50 stock, go to TipRanks’ Stock Analysis page.