Grand Banks Yachts Limited hosted more than 30 shareholders on a visit to its upgraded and expanded facility in Pasir Gudang, Malaysia, which manufactures luxury boats for the Group's two renowned global brands ­ Grand Banks and Palm Beach. Singapore Exchange Mainboard-listed Grand Banks' CEO Mark Richards led the visitors around the 550,000 square-feet facility, one of the most advanced luxury boat building facilities in Asia. Mark has led a major revamp of the facility, changing production processes, introducing new materials as well as automation and robotics, while improving quality. He also unveiled sleeker, faster and more energy-efficient models which have been well received in international boat shows. These include the Palm Beach 70, which made its debut at Fort Lauderdale this year, to be followed soon by the GT60, Grand Banks 54 as well as the Grand Banks 85. The market has responded favourably, helping Grand Banks lift its order book to SGD 52.8 million as at end-September 2019. In recent months, Grand Banks added a second production robot, a cold storage room for temperature-sensitive materials and extended usable covered space at Pasir Gudang to permit all-weather production. With increased automation workers can handle more tasks while improving quality and consistency and efficiency.