Grand Banks Yachts removed from SGX Watchlist

Its full-year profit is pegged at $1m.

SGX Mainboard Listed Grand Banks Yachts today revealed that it has received the Approval-in-Principle from SGX to be removed from the Watch-List starting 9 October.

Grand Banks recorded its first full-year profit of $1.0 million for FY2014 and a market capitalisation of over S$40 million for the last 120 trading days.

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