Grindrod Shipping Holdings Ltd. Announces Proposed Selective Capital Reduction
Grindrod Shipping Holdings Ltd. - Ordinary Shares (GRIN)
Company Research
Source: GlobeNewswire
SINGAPORE, April 04, 2024 (GLOBE NEWSWIRE) -- Exhibit 99.1 GRINDROD SHIPPING HOLDINGS LTD.(Incorporated in Singapore)(Registration No.: 201731497H)Primary listing on the NASDAQ Global Select MarketSecondary listing on the JSE Main BoardNASDAQ Share code: GRIN and SEC CIK Number: CIK0001725293JSE Share code: GSH and ISIN: SG9999019087(the “Company”) 1INTRODUCTION The board of directors (the “Board”) of Grindrod Shipping Holdings Ltd. (the “Company”) wishes to announce that it proposes to seek the approval of the shareholders of the Company (the “Shareholders”) at an extraordinary general meeting of the Company (the “EGM”) to be convened, for a selective capital reduction exercise to be undertaken by the Company (the “Selective Capital Reduction”) pursuant to sections 78G to 78I of the Companies Act 1967 of Singapore (the “Companies Act”). 2SELECTIVE CAPITAL REDUCTION 2.1Background On 28 October 2022, Good Falkirk (MI) Limited (“GF”) a wholly-owned subsidiary of Taylor Mariti
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GRIN
Analyst Actions
- 3/1/24 - TheStreet
GRIN
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/8/24 - Form SC
- GRIN's page on the SEC website