SGX: Gallant Venture (5IG)       GALLANT VENTURE LTD.
Last Price Today's Change   Day's Range   Trading Volume
0.117   0.00 (0.00%)  0.00 - 0.00  0


Avg Volume (4 weeks):0
Average Price Target: 0.88
Price Target Upside/Downside: +0.763


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Business Background

Gallant Venture Ltd., an investment holding company, operates as a commercial development and management company in Batam Island and Bintan Island of Indonesia. It operates in Industrial Parks, Utilities, Resort Operations, Property Development, and Automotive segments. The Industrial parks segment engages in the development, construction, operation, and maintenance of industrial properties, as well as supporting infrastructure activities. The Utilities segment provides electricity and water supply, telecommunications, waste management, and sewage treatment services to the industrial parks and resorts. This segment operates 19 dual fuel fired generators with an installed capacity of approximately 130MW at Batamindo Industrial Park; 6 generators with an installed capacity of approximately 24MW at Bintan Industrial Estate; and 4 generators with an installed capacity of approximately 20MW at Bintan Resorts. The Resort Operations segment offers services to resort operators in Bintan Resort, including ferry services and ferry terminal operations, tour operations, property rental, workers’ accommodation, and medical support services. This segment also provides estate and township maintenance services, such as road maintenance and drainage, as well as operates a 24-hour crisis center. The Property Development segment develops industrial and resort properties. The Automotive segment engages in the vehicle sales distribution, after sales services, vehicle ownership financing, spare part distribution, vehicle assembly, automotive parts manufacturing, and other related supporting services. Gallant Venture Ltd. also provides business management consultancy services. The company was incorporated in 2003 and is headquartered in Singapore. Gallant Venture Ltd. is a subsidiary of Parallax Venture Partners XXX Ltd.

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Nidhi Jain Post removed. Why?
09/04/2014 7:30 PM


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