Grindrod Shipping Holdings Ltd. Announces Court Approval in Respect of the Selective Capital Reduction
Grindrod Shipping(GRIN) GlobeNewswire News Room·2024-07-17 18:30
SINGAPORE, July 17, 2024 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced that the High Court of the Republic of Singapore has approved the proposed selective capital reduction of the Company (the “Selective Capital Reduction”) pursuant to Section 78G of the Companies Act 1967 of Singapore (the “Companies Act”), b ...