All Malaysia articles – Page 2
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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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NewsFirst online Asia Boating Dialogue a success
Today’s event offered considerable market information to the 170 delegates in attendance
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NewsGrand Banks introduces latest addition to its GB range
The GB54: “A revolution in fuel-efficient performance cruising” Source: Grand Banks Yachts Malaysia-based boatbuilder Grand Banks has unveiled the latest addition to its GB range. Described as a “revolution in fuel-efficient performance cruising”, the new GB54 burns just 216 litres per hour when cruising at a speed ...
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NewsGrand Banks reports results & plant closure
The Malaysian luxury boat builder finished its fiscal year 2020 on a strong note with a 30% increase in revenues and fifth consecutive year of profits despite 8 weeks of shutdown and restructuring costs.
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NewsGrand Banks resumes operations
The Board of Directors of Grand Banks Yachts Limited announced today that the group’s manufacturing yard in Pasir Gudang, Malaysia has received approval from the Government of Malaysia to resume operations with immediate effect. Grand Banks Malaysia Grand Banks’ production facility in Malaysia employs 667 workers. The ...
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NewsTemporary closure at Grand Banks Malaysian yard
In compliance with government orders, Grand Banks Yachts has closed its manufacturing operation in Pasif Gudang, Malaysia where it employees 763 workers, for a 14-day period; no material impact expected
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NewsGrand Banks reports 10-year high for order book
Singapore-based boat builder of the Grand Banks and Palm BeachMotor Yacht brands posted a strong first half with a 66% increase in net profit to S$2.0 million (US$1.5m) and a net order book worth S$64 million (US$46m); the company’s Palm Beach GT60 (above) makes its debut at the Miami show ...
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