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Grand Banks Yachts Ltd. is an investment holding company, which engages in the manufacture and sale of luxury yachts. It operates through the Manufacturing; and Trading and Others segments. The Manufacturing and Trading segment deals with the production and sale of yachts to end customers. The Others segment consists of brokerage income, trade-in boats, and service income. The company was founded by Robert J. Newton, John Newton, and Whit Newton in 1956 and is headquartered in Singapore.