Gallant Venture Ltd. 5IG.SI Stock

Gallant Venture Ltd., an investment holding company, operates as a commercial developer and integrated master planner and manager for industrial parks and resorts in Indonesia. The company operates through Industrial Parks; Utilities; Resort Operations; and Property Development segments. The Industrial Parks segment develops, constructs, operates, and maintains industrial properties in Batam and Bintan Islands with supporting infrastructure activities. The Utilities segment provides electricity, water supply, telecommunications, waste management, and sewage treatment services to the industrial parks and resorts in Batam and Bintan Islands. 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, travel agency, property rental, workers accommodation, security, fire-fighting, environment and medical support, vector monitoring, and estate and township maintenance services, as well as facilities required by resort operators. The Property Development segment is involved in the development of industrial and resort properties in Batam and Bintan Islands. The company also offers business management consultancy services; and wholesales hotels, resorts, and golf courses. Gallant Venture Ltd. company was incorporated in 2003 and is headquartered in Singapore.