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Grand Banks Yachts exits SGX watch-list

Wednesday, October 8, 2014 - 05:50
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Grand Banks' 43 Heritage EU. With the worst over, the firm is now intent on charting a new path.

Singapore

LUXURY boat maker Grand Banks Yachts is off the Singapore Exchange's (SGX) watch-list from Thursday, marking a turnaround for the hitherto troubled firm which entered the list in 2011.

Stronger demand for luxury boats in North America and Asia had lifted its earnings -