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Company Name GRAND BANKS YACHTS SDN. BHD.
Company Registration No. 0210310M / 199001018641
Nature of Business MANUFACTURE AND SALE OF FIBREGLASS YACHTS -->
Date of Registration 1990-12-31 -->
State JOHOR -->

COMPANY DESCRIPTION

GRAND BANKS YACHTS SDN. BHD. was incorporated on 1990-12-31 in Malaysia with registration number of 0210310M / 199001018641 . GRAND BANKS YACHTS SDN. BHD.'s business includes MANUFACTURE AND SALE OF FIBREGLASS YACHTS

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Grand Banks Yachts Sdn. Bhd. (Malaysia)

Grand Banks Yachts is a company in the yacht industry, specializing in classic trawler-style yachts and modern long-range cruisers. The company uses German-made robots and proprietary V-Warp technology in its manufacturing process. Their target market includes individuals and families looking for luxury, high-speed, fuel-efficient, and stable cruisers. Grand Banks Yachts offers a wide range of fixtures, fittings, and upholstery for staterooms, heads, galleys, and entertaining areas.

Headquarters Plo 488, Jalan Suasa, Pasir Gudang Industrial Estate Pasir Gudang; Johor; Postal Code: 81700

Contact Details: Purchase the Grand Banks Yachts Sdn. Bhd. report to view the information.

Website: http://www.grandbanks.com

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SINGAPORE (Aug 30): Grand Banks Yachts, the luxury yacht designer and builder, reported earnings of S$2 million for the FY16 ended June, reversing from its net loss of S$4.8 million in the preceding year.

Full-year revenue rose 49.7% to S$58.7 million as the group sold eight inventory yachts and received orders for all of its new models — Grand Banks 60, Eastbay 44 and 52, and Palm Beach 42. The group had also ramped up the manufacturing at its Pasir Gudang facility and more yachts achieved construction milestones.

Gross margins improved by 7.5 percentage points to 17.4%, after Grand Banks adopted a factory direct sales model and improved its manufacturing processes for better efficiency.

Furthermore, the group also received a one off gain from a deferred tax asset, which boosted earnings by S$0.7 million.

At end June, the group had an order book of S$34.1 million.

Grand Banks says it is mindful of the volatility in RM, AUD and USD that would affect its operations, but adds that its successful integration of its Palm Beach and Grand Banks brands will drive growth for the group in FY17.

The group did not declare any dividends for the current financial period.

Shares of Grand Banks are trading at 23.5 Singaporean cents.

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Grand Banks Yachts Sdn Bhd

Grand Banks Yachts Sdn Bhd
GBY:SP
🆔
IndustryYacht Building
Founded 📆1957 in
Founder 👔
Headquarters 🏙️ &
Products 📟 
Members
🌐 Website
📇 Address
📞 telephone

Grand Banks Yachts is a luxury yacht manufacturing company based out of Malaysia, and listed on the Singapore Stock Exchange as Grand Banks Yachts Ltd. ( GBY:SP ) [1]

Grand Banks Yachts began as American Marine [2] , established by Robert J. Newton and his two sons John and Whit Newton. They are regarded as influential in making recreational trawler -style yachts iconic [3] . In 2014 Grand Banks Yachts acquired a 100% ownership stake in Australian luxury yacht builders Palm Beach Motor Yachts, acquiring its CEO Mark Richards , skipper of 8 times line honours Sydney to Hobart winning SuperMaxi Wild Oats XI , to run the enlarged company group [4] .

  • 2 Redirection
  • 3 References
  • 4 sources updated, information verified

History [ edit ]

grand banks yachts sdn bhd ctos

The original shipyard in 1956 was located on a small section of waterfront [5] in Kowloon, Hong Kong. Hong Kong was at that time a British Colony . Their first boat was launched in 1957 after 6 months of building, and Robert's other son Whit joined his brother and father, and they established American Marine Ltd building heavy sailboats and large motor-yachts for some of the world's top marine architects including Sparkman & Stephens , William Garden , Nat Herreshoff , Ray Hunt and others [6] [7] .  

In 1962, American Marine commissioned their own design through naval architect Ken Smith [8] , a 36 foot trawler named Spray that would lead into the future design of the Grand Banks 36 [9] . Within 1 year of launching Spray, American Marine ceased custom building to focus on their new 8-knot wooden cruiser, and over the next few years expanded the Grand Banks fleet to include the GB32, GB42, GB48, GB50, GB57 and GB62. The shipyard moved from Singapore in 1995 [10] and now trades out of a factory in Johor Bahru [11] , Malaysia with corporate offices in Singapore.

Redirection [ edit ]

grand banks yachts sdn bhd ctos

Upon its acquisition of Palm Beach and appointment of new CEO Mark Richards , the shipyard in Pasir Gudang, Johor Bahru , underwent substantial refitting and development and Grand Banks moved from its previous dealership sales distribution network to a factory direct sales model [12] . The company ceased production of its line of legacy models to focus on developing more efficient and modern designs using new technology and production methods utilising carbon fiber , resin infusion and multi-axis CNC . Grand Banks is due to unveil its new flagship Grand Banks 60 in 2017 to commemorate the company's 60th anniversary.

References [ edit ]

  • ↑ "Grand Banks Yachts - Company Information" . grandbanks.com . Retrieved 2017-03-06 .
  • ↑ "Top 15 Trawlers" . Yachting Magazine . Retrieved 2017-03-06 .
  • ↑ "Grand Banks to Acquire 2nd Brand" . Yachting Magazine . Retrieved 2017-03-26 .
  • ↑ "American Marine Ltd boatyard, Junk Bay – great photographs – The Industrial History of Hong Kong Group" . industrialhistoryhk.org . Retrieved 2017-03-06 .
  • ↑ "The Making Of a Grand Banks | | PassageMaker" . www.passagemaker.com . Retrieved 2017-03-06 .
  • ↑ "Oh Wooden Aye" . www.powerandmotoryacht.com . Retrieved 2017-03-07 .

grand banks yachts sdn bhd ctos

  • ↑ ShareInvestor. "Grand Banks Yachts: Renewal Of 30-Year Lease At Pasir Gudang Industrial Area For S$6.2 Million. - ShareInvestor.com" . www.shareinvestor.com . Retrieved 2017-03-06 .
  • ↑ "Grand Banks Yachts Annual Report 2016" (PDF) . Annual Report . October 11, 2016 . Retrieved March 26, 2017 .

sources updated, information verified [ edit ]

This article "Grand Banks Yachts" is from Wikipedia . The list of its authors can be seen in its historical and/or the page Edithistory:Grand Banks Yachts . Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.

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  • GRAND BANKS YACHTS SDN BHD
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grand banks yachts sdn bhd ctos

Member Description

Manufacturing and sale of fiberglass yachts.

Member Details

  • Category: Non-MetallicManufactures
  • Address: PLO 488, Jalan Suasa, Kawasan Perindustrian Pasir Gudang, [ P O Box 148 ], Pasir Gudang Johor Malaysia
  • Website: www.grandbanks.com
  • Phone Number: 07-251 7488

 

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Address City State/Province Postal Code Country
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Grand Banks

GB85 MODEL HIGHLIGHTS

26.58 M / 87' 2"

6.75 M / 22' 2"

CRUISE SPEED

CRUSING RANGE

972 NM @ 21 KNOTS

FUEL CONSUMPTION

57 G/H @ 21 KNOTS

DESIGNED FOR THE ULTIMATE ADVENTURE

Gb85 model range.

Grand Banks

G8B85 FLYBRIDGE MODEL

The GB85 Flybridge delivers class leading fuel efficiency and performance with an upper deck that offers the wind-in-the-hair excitement of being open to the elements.

Grand Banks

GB85 SKYLOUNGE MODEL

The GB85 Skylounge increases internal space by enclosing the upper deck to provide a spacious, luxurious, climate-controlled room with a view.

grand banks yachts sdn bhd ctos

GB85 SPECIFICATIONS

  • Length Overall 87’ 2” 26.58 M
  • Length On Deck 78’ 9” 24 M
  • Beam 22’ 2” 6.75 M
  • Displacement (Half Load) 126,000 LBS 57,000 KG
  • Fuel Capacity 2,640 GAL 10,000 L
  • Water Capacity 370 GAL 1,400 L
  • Holding Tank 264 GAL 1,000 L

ENGINES - STANDARD

  • 2 X Volvo Penta IPS 1350S
  • Top Speed 27 KNOTS
  • Cruising Speed 24 KNOTS
  • Range 972 NM / 57 GPH / 21 KN
  • Draft 4’ 11” 1.5 M

ENGINES - OPTIONAL

  • 2 X MAN V8 @ 1300hp
  • Top Speed 28 KNOTS
  • Cruising Speed 21 KNOTS
  • Range 814 NM / 68 GPH / 21 KN

The design of Grand Banks Yachts is a beautiful fusion of classic elegance and modern innovation, firmly anchored in a rich, iconic maritime heritage. Originally renowned for crafting wooden vessels, Grand Banks has evolved over the years to incorporate cutting-edge construction techniques while remaining true to the timeless design elements of the traditional Grand Banks trawler.

GB85 EXTERIOR

The classic silhouette of the Grand Banks, complemented by a gracefully curved sheer line and an innovative hull design and construction process, provides a sophisticated profile that enhances aesthetics while also ensuring optimal performance and fuel efficiency. Expansive decks offer ample space for relaxation and entertaining, featuring wide side decks with high bulwarks and handholds, as well as an extended boat deck that shelters the aft deck from the elements. Careful attention to detail in the craftsmanship showcases the yacht's luxurious appeal, exemplifying the perfect blend of timeless elegance and functionality.

GB85 INTERIOR

Our interiors are a reminder that timeless elegance, indulgent luxury, and practical seamanship can all co-exist equally. The handcrafted wood finishes created by artisans, fine fabrics and leathers sewn by our own in-house upholstery team, and custom fit and finish to each owner's desires all combine to create a yacht that cannot be achieved by any other builder. Designed and engineered for enhanced rigidity by fusing the bulkheads and fixed furniture with the hull, our yachts feature meticulously planned internal layouts during the early design stages. This allows for flexibility in galley placement and stateroom configurations to optimize space utilization and storage. Our craftsmen take great care to ensure that every inch of the yacht is thoughtfully designed to enhance your enjoyment onboard.

FIND A GRAND BANKS REPRESENTATIVE

The grand banks yachts advantage.

Experience unmatched innovation, seamless purchasing, exceptional service, and personalized customization with Grand Banks Yachts.

grand banks yachts sdn bhd ctos

FACTORY DIRECT ADVANTAGE

grand banks yachts sdn bhd ctos

V-WARP ® Technology

grand banks yachts sdn bhd ctos

CUSTOMIZATION

grand banks yachts sdn bhd ctos

LONG RANGE CRUISERS

Grand Banks GB85

DOWNEASTER SERIES

Grand Banks EB60

WHAT OWNERS SAY ABOUT GRAND BANKS YACHTS

EASTBAY 44 OWNER

““We love our overnight trips. Recently we came down from Yamba to Sydney, about 300 nautical miles and, although we sat on 24 knots the whole way, we were only burning 100 litres (26 gallons) of fuel an hour!!! The EB44 is the best thing we’ve done for the family… we call it the ‘family wagon’”

MATT SPENCER , EASTBAY 44 OWNER

GRAND BANKS 60 OWNER AND 8 TIMES AMERICA’S CUP PRO SAILOR.

“This is my 4th Grand Banks and I’ve always liked them – they’re sea-kindly, fast and fuel efficient. But the stuff Mark Richards has done has made them even better. He’s raised the game and they’re now next generation in terms of design. My wife and I love cruising on it – each August we live onboard for 30-40 days. She feels very safe as it has a really nice ride. And we love the style and the lines.”

TOM WHIDDEN , GRAND BANKS 60 OWNER AND 8 TIMES AMERICA’S CUP PRO SAILOR.

GRAND BANKS 60 OWNER

“I was in Mexico when COVID hit and had to get home. I had an 1,100nm trip, uphill (upwind & up current) and, let me tell you, the boat did better than I did! I had to keep going day and night. Almost no boat of this size can go from Puerto Vallarta to San Diego non-stop. And thanks to the hull shape and lightweight carbon superstructure, it’s amazingly efficient.”

GARY WEISMAN , GRAND BANKS 60 OWNER

GRAND BANKS 60 OWNER

“The range of the boat had huge appeal. Because of the V-Warp® Technology hull that slips so easily through the water, the weight reduction of the carbon fibre and the new Volvo engines, we could simply go further with less stops. Of course, it saves money but the real plus is the convenience. At 10 knots I can travel for over 2000 nautical miles without refuelling. As a sailor, I don’t like to stop once I get going!”

JOHN BACON , GRAND BANKS 60 OWNER

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Grand Banks Yachts Sdn Bhd

  • +607 251 7488
  • [email protected]
  • PLO 488, Jalan Suasa Pasir Gudang Industrial Area, Pasir Gudang, Johor 81700, Malaysia

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  1. GRAND BANKS YACHTS SDN. BHD. (Malaysia)

    COMPANY DESCRIPTION. GRAND BANKS YACHTS SDN. BHD. was incorporated on 1990-12-31 in Malaysia with registration number of 0210310M / 199001018641. GRAND BANKS YACHTS SDN. BHD.'s business includes MANUFACTURE AND SALE OF FIBREGLASS YACHTS. Get an accurate picture of a customer's financial status with a credit report for a business.

  2. Grand Banks Yachts

    All Grand Banks Yachts models and the Eastbay 60 model are built using our proprietary V-WARP® TECHNOLOGY, a design and construction philosophy born out of Mark Richards' experience as an ocean-racing champion and shipwright. This game-changing technology is a combination of hull form, superior construction materials, and a precision build ...

  3. Grand Banks Yachts Sdn. Bhd. (Malaysia)

    Grand Banks Yachts offers a wide range of fixtures, fittings, and upholstery for staterooms, heads, galleys, and entertaining areas. Headquarters. Plo 488, Jalan Suasa, Pasir Gudang Industrial Estate. Pasir Gudang; Johor; Postal Code: 81700. Contact Details: Purchase the Grand Banks Yachts Sdn. Bhd. report to view the information.

  4. GRAND BANKS YACHTS LIMITED

    GRAND BANKS YACHTS LIMITED 274 Upper Bukit Timah Road #03-16 Singapore 588213 Company Registration No. 197601189E GRAND BANKS YACHTS LIMITED ANNUAL REPORT 2020. ... GRAND BANKS YACHTS SDN BHD PLO 488, Jalan Suasa 81707 Pasir Gudang Johor, Malaysia Phone: +60 7251 7488 Fax: +60 7251 7388 AUSTRALIA PALM BEACH MOTOR YACHT CO PTY LTD

  5. GRAND BANKS YACHTS LIMITED

    GRAND BANKS YACHTS SDN BHD PLO 488, Jalan Suasa 81707 Pasir Gudang Johor, Malaysia Phone: +60 7251 7488 AUSTRALIA PALM BEACH MOTOR YACHT CO PTY LTD GRAND BANKS YACHTS ... present the annual report of Grand Banks Yachts Limited ("Grand Banks" or the "Group") for the financial year ended 30 June 2022 ("FY2022"). Beyond the commendable

  6. PDF GRAND BANKS YACHTS LIMITED

    GRAND BANKS YACHTS SDN BHD PLO 488, Jalan Suasa 81707 Pasir Gudang Johor, Malaysia Phone: +60 7251 7488 AUSTRALIA PALM BEACH MOTOR YACHT CO PTY LTD GRAND BANKS YACHTS ... the annual report of Grand Banks Yachts Limited ("Grand Banks" or the "Group") for the financial year ended 30 June 2021 ("FY2021"). Despite the unprecedented ...

  7. Grand Banks Yachts Sdn Bhd

    Grand Banks Yachts Sdn Bhd was founded in 1990. The Company's line of business includes building and repairing boats. Company profile page for Grand Banks Yachts Sdn Bhd including stock price ...

  8. Grand Banks Yachts Sdn Bhd

    grand banks yachts sdn bhd at plo 488 jalan suasa kawasan perindustrian pasir gudang 81707 pasir gudang johor malaysia. Find their customers, contact information, and details on 228 shipments. Grand Banks Yachts Sdn Bhd, PLO 488 JALAN SUASA KAWASAN PERINDUSTRIAN PASIR GUDANG 81707 PASIR GUDANG JOHOR MALAYSIA | Supplier Report — Panjiva

  9. GRAND BANKS YACHTS SDN BHD

    GRAND BANKS YACHTS SDN. BHD. established in 1990, is a key player in the Manufacture And Sale Of Fibreglass Yachts sector in PASIR GUDANG, Malaysia.This LIMITED BY SHARES, PRIVATE LIMITED entity, with a detailed company profile available, features a robust structure with 4 directors and 1 shareholders.

  10. PDF Grand Banks Yachts to Expand Malaysia Facility by Over 25% To Increase

    Grand Banks Yachts Limited contact: Investor/Media Relations contact: Chiam Heng Huat WeR1 Consultants Pte Ltd Chief Financial Officer 1 Raffles Place 21 Bukit Batok Crescent #06-74 #02-01, One Raffles Place Mall Wcega Tower, Singapore 658065 Suite 332, Singapore 048616 Tel: (65) 65452929 Tel: (65) 6721 7161 ...

  11. Genting chairman's 28.49%-owned Grand Banks Yachts says business

    Genting Bhd chairman Tan Sri Lim Kok Thay's 28.49%-owned Grand Banks Yachts Ltd said on Thursday (Oct 27) the yacht manufacturer's business momentum is expected to accelerate after achieving an all-time high net order book value. The manufacturer of luxury recreational motor yachts, whose manufacturing yard is located in Pasir Gudang, Johor, reported that its net order book swelled to a record ...

  12. grand banks yachts sustainability report

    Annual Reports and Related Documents:: Issuer & securities, announcement details, additional details, attachments, related announcements. Get 7 Days Free; Grand Banks Yachts Ltd G

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  14. Grand Banks Yachts swings back to full-year profitability

    30 Aug 2016, 05:40 pm. SINGAPORE (Aug 30): Grand Banks Yachts, the luxury yacht designer and builder, reported earnings of S$2 million for the FY16 ended June, reversing from its net loss of S$4.8 million in the preceding year. Full-year revenue rose 49.7% to S$58.7 million as the group sold eight inventory yachts and received orders for all of ...

  15. Grand Banks Yachts Sdn Bhd

    Grand Banks Yachts is a luxury yacht manufacturing company based out of Malaysia, and listed on the Singapore Stock Exchange as Grand Banks Yachts Ltd. ( GBY:SP) [1] Grand Banks Yachts began as American Marine [2], established by Robert J. Newton and his two sons John and Whit Newton. They are regarded as influential in making recreational ...

  16. PURSUIT OF EXCELLENCE

    Grand Banks Yachts Sdn Bhd PLO 488, Jalan Suasa 81707 Pasir Gudang Johor, Malaysia Phone: +60 7251 7488 Fax: +60 7251 7388 AUSTRALIA Palm Beach Motor Yacht Co Pty Ltd ... I am pleased to present the annual report of Grand Banks Yachts Limited ("Grand Banks" or the "Group") for the financial year ended 30 June 2019 ("FY2019"). ...

  17. Grand Banks Yachts Sdn Bhd

    Category: Non-MetallicManufactures Address: PLO 488, Jalan Suasa, Kawasan Perindustrian Pasir Gudang, [ P O Box 148 ], Pasir Gudang Johor Malaysia Website: www.grandbanks.com Phone Number: 07-251 7488

  18. Sanctions List Search

    Type ID# Country Issue Date Expire Date; Tax ID No. 7705445700: Russia : Secondary sanctions risk: Ukraine-/Russia-Related Sanctions Regulations, 31 CFR 589.201 and/or 589.209

  19. Grand Banks 85

    The current flagship model of the Long Range Cruiser Series, the Grand Banks 85 is designed to take its owners on the ultimate adventure. This high-performance yacht combines exceptional craftsmanship with cutting-edge design, featuring advanced hull construction and exotic materials that come together in a harmonious aesthetic.Our interiors are a reminder that timeless elegance, indulgent ...

  20. Grand Banks 42 Heritage

    GRAND BANKS MOTOR YACHT 42 Flybridge Motor Yacht Built in late 2003 to a 2004 model, and first launched & invoiced May 2005 UK, by Grand Banks Yachts SDN. BHD. in Malaysia. Hull No. MS-GNDD1530I304 CONSTRUCTION White GRP hull and superstructure. Full teak laid on the aft deck, side decks, flybridge and bathing platform. Teak capping rail.

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