Grand Venture Technology

Singapore’s dismal IPO market has companies eyeing Malaysia - THE EDGE SINGAPORE

IPO

Singapore’s dismal IPO market has companies eyeing Malaysia

A shift would buck the historical pattern of Malaysian firms offering equity in Singapore.
Grand Venture Technology confirms plans for secondary listing on Bursa Malaysia - THE EDGE SINGAPORE

IPO

Grand Venture Technology confirms plans for secondary listing on Bursa Malaysia

The company says it is still planning the details and structure of the proposed secondary listing.

Results

Grand Venture Technology registers 1QFY2024 net profit of $2 mil, up 34.1% y-o-y

Revenue grew 14.4% y-o-y to $30.8 million, while ebitda grew 10.6% to $6.47 million.

Broker's Calls

DBS keeps 'buy' on Grand Venture but trims target price on muted near term margins

'We believe that Grand Venture remains prepared to deliver when orders come'

Broker's Calls

Citing 'gradual' recovery, CGS-CIMB maintains 'reduce' call on Grand Venture Technology

GVT is optimistic that there are some signs of easing of excess inventory

Broker's Calls

DBS keeps 'buy' call but trims target price for Grand Venture Technology

"Notwithstanding near-term volatility, the semiconductor industry is well poised for growth"

Investing ideas

Position ahead of the tech recovery with UMS, Grand Venture Tech and Venture Corp, says DBS

"We can look to position ahead of the anticipated recovery"
Grand Venture Technology goes from strength to strength - THE EDGE SINGAPORE

EY Entrepreneur Of The Year 2022 Awards Singapore

Grand Venture Technology goes from strength to strength

Despite him receiving the award, GVT CEO Julian Ng says the success of GVT is not a one-man effort.
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