Grand Banks Yachts Completes Acquisition of Properties in US

MT Newswires
16 Jun

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10