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Grand Venture Technology taps on Industrial 4.0 capabilities to revolutionise manufacturing

Candace Li
Candace Li • 7 min read
Grand Venture Technology taps on Industrial 4.0 capabilities to revolutionise manufacturing
Grand Venture Technology CEO Julian Ng and chairman Ricky Lee tells SGX the secrets behind GVT's growth in the past few years.
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1. Describe Grand Venture Technology’s (GVT) financial performance over the past few years. What strategies have been put in place to maintain or accelerate its growth trajectory?

GVT is a manufacturing solutions and service provider for industries such as semiconductor, analytical life sciences, electronics and others, with operations in Singapore; Penang, Malaysia; and Suzhou, China. The group serves some of the largest original equipment manufacturers (OEMs) by providing a range of engineering, assembly, testing and product lifecycle management services for the manufacture of complex precision machining and sheet metal components and modules.

GVT has enjoyed rapid growth over the past few years. With our products progressing from incubation stage to mass production, revenue in FY2019 more than doubled and net assets grew nearly 10x (excluding share issuances, net assets grew approximately 5x) since FY2016.

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