Grand Banks Yachts Completes Acquisition of Properties in US

MT Newswires

2025/06/16

Grand Banks Yachts (SGX:G50) completed the acquisition of two properties in Rhode Island, US, according to a Friday filing with the Singapore Exchange.

Grand Banks Yachts shares rose 2% on Monday.

The company, through wholly owned subsidiary Stuart Yacht, had agreed to acquire two US-based properties from Elizabeth Casey, William Casey, Spring Wharf Marine, and Casey's Marina, for $21 million.

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