All Malaysia articles
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NewsGrand Banks to increase capacity at Malaysian plant
The builder is investing around US$6.5m on a major expansion project
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NewsMaritimo appoints SE Asian dealer
Australian motoryacht builder continues to expand international sales network
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NewsGrand Banks sees strong rebound in most recent quarter
Malaysia’s Grand Banks Marine Group has reported a financial turnaround in revenues and profits for the six months ending 31 December 2022, but expects a softer market going forward
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NewsGrand Banks expands US footprint
The Malaysia-based luxury yacht group, Grand Banks Marine, continues to build on its sales success in North America
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NewsGrand Banks returns to profitability; work force expansion planned
Malaysia-based luxury yacht builder provided a sharp reversal of its fortunes from a year ago in the first quarter of it’s new fiscal year, going from a net loss to a positive bottom line
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NewsGrand Banks finishes FY 2022 on a high note
The Malaysia-based yacht building group saw off the impact of multiple Covid-related closures to end its 2022 financial year profitably and with a robust order book
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NewsBoat Lagoon Yachting reports record sales in SE Asia
Sales have surged over the past 24 months, says local dealer
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NewsGrand Banks reverses shutdown losses
Luxury motorboat builder Grand Banks Yachts updated the company’s financial results today for its fiscal third quarter ending 31 March 2022
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NewsAs forecast, Grand Banks posts loss for 1st half
The luxury motoryacht builder was shutdown due to Covid-imposed restrictions for much of the company’s first quarter, running from July through September 2021
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NewsProfit guidance for Grand Banks
Shareholders have been advised about the group’s financial performance during the first half of fiscal 2022
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NewsGrand Banks back to fulfilling orders
With closures lasting almost 2½ months in its first quarter of fiscal 2021-22 ending 30 September, Grand Banks Yachts saw minimal revenue in Q1, but forward orders remain strong
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NewsGrand Banks improves profits despite shutdowns
The luxury motorboat builder remains in a lockdown imposed by the Malaysian government on 1 June, but benefitted from strong demand
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NewsGrand Banks faces another shutdown
Malaysia imposes new Covid-lockdown on non-essential activities
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NewsGrand Banks business update; new shutdown
Malyasia-based yacht builder Grand Banks reported an increase in revenues and significant uplift in profitability for its third quarter ending 31 March; production suspended this week due to new Covid outbreak
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NewsGrand Banks logs revenue and profit gains
Despite Covid-related challenges, luxury motoryacht builder Grand Banks Yachts closed out the first half of its fiscal year ending 31 December with increases in revenue, profit and new orders.
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NewsGrand Banks temporarily halts work due to Covid
The luxury motorboat builder Grand Banks has halted operations at its yard in Malaysia after an outbreak of Covid infections
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NewsControversial Malaysian marina project scrapped by state government
Construction at the site was halted in March due to Covid-19 A controversial RM43bn (US$14bn) port project including a yacht marina and cruise terminal promoted as being the largest in the region has been stopped by the state Government of Melaka (English name Malacca). Recent press reports ...
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NewsGrand Banks achieves Q1 profitability
Despite dampened business sentiment due to the COVID-19 pandemic, Grand Banks Yachts Ltd recorded quarterly revenue of S$24.6 million (€15.2m) for the three months ending 30 September 2020 – a dip of 5.7% compared to the same quarter last year. The Singapore publicly-listed company – parent of the Grand Banks ...
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