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Gallant Venture
Capital markets
Gallant Venture forms JV to supply renewable energy to Singapore
Pacificlight Power is a company related to Indonesia’s Salim Group and PT Medco Power Indonesia.
October 25, 2021
M&A
Gallant Venture to acquire 66.25% stake in Singapore-Bintan Resort Holdings from other shareholders including Keppel Land, DBS, OCBC and UOB for $4.9 mil
Singapore-Bintan Resort Holdings has been loss-making since its inception.
January 25, 2021
M&A
Semborp disposes entire Gallant Venture stake for $62 mil
SINGAPORE (June 12): Sembcorp Industries' wholly-owned subsidiary, Sembcorp Development, has disposed of its entire 10.27% stake in Gallant Venture for a consideration of $62 million.
June 12, 2019
Gallant Venture in private share placement to 3 investors to raise $68.2 mil
SINGAPORE (Nov 21): Gallant Venture, the investment holding company with focus on regional growth opportunities, is selling a total of 513 million new shares under a private placement to three investors at 13.3 cents each to raise $68.2 million.
November 21, 2017