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0 -0.00881057268722474 -0.0176211453744494 -0.013950073421439 -0.0117474302496329 0.0124816446402349 -0.00146842878120408 -0.013950073421439
Stock impact report

Grindrod Shipping Holdings Ltd. Announces Proposed Selective Capital Reduction [Yahoo! Finance]

Grindrod Shipping Holdings Ltd. - Ordinary Shares (GRIN) 
Company Research Source: Yahoo! Finance
(Registration No.: 201731497H) Primary listing on the NASDAQ Global Select Market Secondary listing on the JSE Main Board NASDAQ Share code: GRIN and SEC CIK Number: CIK0001725293 JSE Share code: GSH and ISIN: SG9999019087 (the “ Company ”) INTRODUCTION 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 ”). SELECTIVE CAPITAL REDUCTION Background On 28 October 2022, Good Falkirk (MI) Limited (“ GF ”) a wholly-owned subsidiary of Taylor Maritime Investments Limited (“ TMI ”, and together with GF referred to as the “ Non-Participatin Show less Read more
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