Gallant Venture Ltd.

Gallant Venture Ltd., an investment holding company, operates as a commercial developer and integrated master planner and manager for industrial parks and resorts in Indonesia. The company operates through Industrial Parks; Utilities; Property Development; Resort Operations; and Others segments. The Industrial Parks segment develops, constructs, operates, and maintains industrial properties in Batam and Bintan Islands with supporting infrastructure activities. The Utilities segment provides electricity, water supply, telecommunications, waste management, and sewage treatment services to the industrial parks in Batam Island and Bintan Island, as well as resorts in Bintan Island. It has a total installed capacity of 179 MW, comprising 145 MW at Batamindo industrial park, 10 MW at Bintan industrial estate, and 24 MW at Bintan Resorts. The Resort Operations segment offers services to resort operators in Bintan Resort, including ferry services and ferry terminal operations, tour and resort operations, property rental, workers accommodation, security, fire-fighting, environment and health support, vector monitoring, and estate and township maintenance services, as well as facilities required by resort operators. The Property Development segment is involved in the development of industrial, commercial, residential, and resort properties in Batam, Bintan, and Indonesia. The company also offers business management consultancy services; produces, processes, and sells coconut-related products; and wholesales hotels, resorts, and golf courses. Gallant Venture Ltd. was incorporated in 2003 and is headquartered in Singapore.