Grand Banks Yachts Limited, together with its subsidiaries, manufactures and sells luxury recreational motor yachts in the United States, Australia, Europe, and Asia. The company provides its yachts under the Grand Banks, Eastbay, and Palm Beach brand names. It engages in the boat brokerage and servicing activities; sells stock boats, trade-in boats, and parts; and owns properties and marinas. In addition, the company involved in investment holding and employment activities. Grand Banks Yachts Limited was founded in 1956 and is headquartered in Singapore.