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Gallant Venture Ltd. is an investment holding company with focus on regional growth opportunities. We are a commercial development and management group in Riau Archipelago and an integrated master planner for industrial parks and resorts in Batam and Bintan. Since the early 1990s, we have operated in four key areas; utilities, industrial parks, resort operations and property developments. In 2004, our operating revenues totalled approximately S$202.0 million while our total assets were valued at approximately S$1.5 billion. Our principal shareholders include the Salim Group, the Parallax Group, SembCorp Industries Ltd and the Ascendas Group.
Our businesses take advantage of the strategic proximity of Singapore and the close economic cooperation between the Singapore and Indonesian governments to promote investment in the Riau Province. Headquartered in Singapore, our location is one of our key assets given Singapore’s reputation for multinational management due to its infrastructure, proven legal system and good corporate governance environment. Our investment portfolio is a good mix between stable cash flow in the utility and industrial park businesses, promising growth potential in the resort and property development businesses in Bintan, and strong balance sheet with low gearing.
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