Gallant Venture Ltd.



Gallant Venture Ltd.

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About

Gallant Venture Ltd. is an investment holding company with focus on regional opportunities. We are a commercial developer, integrated master planner and manager for industrial parks and resorts in Batam and Bintan. We have operated in 4 key business segments namely, utilities, industrial parks, resort operations and property developments. During FY2012, our revenues totalled approximately S$203.0 million while our total assets were valued at approximately S$1.6 billion.

In May 2013, Gallant acquired 52.35 percent stake of Indonesian automotive retailer, PT Indomobil Sukses Internasional (IMAS) for S$988 million. This bring our total assets to S$2.6 billion. Our key shareholders include the Salim Group and Sembcorp Industries Ltd.

Our businesses take advantage of the strategic proximity of Singapore and the close economic cooperation between the Singapore and Indonesian governments to promote investment in the Riau Province. Headquartered in Singapore, our location is one of our key assets given Singapore’s reputation for multinational management due to its infrastructure, proven legal system and good corporate governance environment. Our investment portfolio is a good mix between stable cash flow in the utility and industrial park businesses, promising growth potential in the resort and property development businesses in Bintan, and strong balance sheet with low gearing.

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Gallant Venture Ltd.