Grand Banks Yachts (SIN:G50)

QUOTE AND NEWS
The Straits Times  Oct 10  Comment 
October 11, 2012 1:55 AM PEACE could break out among the combatants at Grand Banks Yachts after a hostile bid to replace the board was defeated yesterday.
The Straits Times  Oct 9  Comment 
October 10, 2012 2:22 AM SOME 19.2 million recently placed-out Grand Banks Yachts shares - about 16.7 per cent of the company - will carry voting rights at an extraordinary general meeting at 10am today.
The Straits Times  Sep 25  Comment 
September 26, 2012 1:54 AM THE directors of luxury boat maker Grand Banks Yachts have urged shareholders to back them as they battle to revive the firm amid a bitter board challenge.
The Straits Times  Aug 19  Comment 
August 20, 2012 2:03 AM THE maker of luxury motor yachts said last Saturday that its net loss for the quarter ended June 30 widened to $5.5 million from $1.5 million for the same period a year ago.
The Straits Times  Jul 30  Comment 
July 31, 2012 1:58 AM ANOTHER shareholder revolt is brewing at troubled Grand Banks Yachts with moves to oust all four directors.
The Straits Times  Jul 18  Comment 
TROUBLED Singapore-listed yacht maker Grand Banks Yachts has undergone major restructuring to keep it afloat.
Business Times - Singapore  Nov 15  Comment 
GRAND Banks Yachts has appointed two new independent directors - Basil Chan and Heine Askaer-Jensen - to its board, bringing the motor yacht manufacturer's total number of board members to five.
The Straits Times  Oct 24  Comment 
Grand Banks Yachts GRAND Banks Yachts, whose boardroom is in some disarray after several directors were voted out by shareholders, aims to reconstitute the board by Nov 12. It said this yesterday in response to queries from the Singapore Exchange.
The Straits Times  Oct 18  Comment 
EMBATTLED Grand Banks Yachts is now down to three directors on its board, as an attempt to reappoint several ousted directors has come up against corporate governance issues.
Business Times - Singapore  Oct 18  Comment 
IN yet another surprising turn of events, mainboard-listed Grand Banks Yachts Ltd yesterday announced that only one of its four ousted directors - chief executive officer Robert William Livingston II - has been reappointed to the board.





 


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