---
title: "GRP Reopens Talks to Acquire Bintan Renewable Energy and Industrial Park Developer"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/273684715.md"
description: "GRP Ltd. has initiated talks to acquire up to 100% of Bintan Investment Management Pte. Ltd., which is developing an integrated industrial park in Bintan Island, Indonesia. The park will include solar, aquaculture, agriculture, AI data centers, and battery manufacturing facilities. The acquisition, led by a Related Party Transaction Committee, may involve issuing new GRP shares and warrants to existing shareholders. This strategic move aims to diversify GRP into renewable energy and agriculture, potentially reshaping its business profile under Singapore Exchange rules."
datetime: "2026-01-26T10:12:42.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/273684715.md)
  - [en](https://longbridge.com/en/news/273684715.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/273684715.md)
---

# GRP Reopens Talks to Acquire Bintan Renewable Energy and Industrial Park Developer

### Claim 50% Off TipRanks Premium

-   Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
-   Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential

The latest announcement is out from GRP Ltd. ( (SG:BLU) ).

GRP Limited has entered into a new non-binding heads of agreement to explore acquiring up to 100% of Bintan Investment Management Pte. Ltd., a company developing an integrated industrial park in Bintan Island, Indonesia that will host solar, aquaculture and agriculture farming projects, as well as AI data centers and advanced battery manufacturing facilities. The potential deal, led by a Related Party Transaction Committee due to the involvement of GRP’s Independent Non-Executive Chairman as vendor, would be paid for via new GRP shares and accompanied by a free warrants rights issue to existing shareholders, and, if completed, could constitute a very substantial acquisition and reverse takeover under Singapore Exchange rules, marking a significant strategic move to diversify GRP into renewable energy and agriculture and potentially reshaping its business profile and risk-return profile for investors.

**More about GRP Ltd.**

GRP Limited is a Singapore-incorporated company that, together with its subsidiaries, is seeking to diversify beyond its existing businesses into high-growth sectors, particularly renewable energy and agriculture. The Group’s strategic focus includes tapping opportunities tied to global climate-change initiatives and broader sustainability-driven demand, positioning itself to participate in projects such as solar power, aquaculture, agriculture, AI data centers and advanced battery manufacturing through targeted investments and acquisitions.

**Average Trading Volume:** 47,885

**Technical Sentiment Signal:** Sell

**Current Market Cap:** S$7.57M

See more data about BLU stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [BLU.SG](https://longbridge.com/en/quote/BLU.SG.md)

## Related News & Research

- [VECTORAGR Advances Precision Agriculture in the U.S. with Next-Generation Agricultural Drone Technology](https://longbridge.com/en/news/286739314.md)
- [20:11 ET/C O R R E C T I O N -- Boviet Solar USA/](https://longbridge.com/en/news/286831208.md)
- [Agricultural cooperatives cash in on carbon credit market](https://longbridge.com/en/news/286846443.md)
- [Jeremy Clarkson’s cider business is ‘bankrupting us’, claims rival](https://longbridge.com/en/news/286729099.md)
- [ZAWYA: Silal Group’s Innovation Oasis celebrates the first graduates of the “Future Innovators Program”](https://longbridge.com/en/news/286759485.md)