Grindrod Shipping Holdings Ltd. Announces Declaration and Finalisation Announcement in Respect of the Selective Capital Reduction and the Cash Distribution
Grindrod Shipping(GRIN) GlobeNewswire News Room·2024-07-19 18:30
SINGAPORE, July 19, 2024 (GLOBE NEWSWIRE) -- 1 INTRODUCTION Grindrod Shipping Holdings Ltd. (the “Company”) refers to the announcement by the board of directors (the “Board”) dated 4 April 2024 in relation to the proposed selective capital reduction by the Company pursuant to section 78G of the Companies Act 1967 of Singapore (the “Selective Capital Reduction”) the circular issued by the Company to shareholders of the Company (the “Shareholders”) dated 14 May 2024 (the “Circular”) in relation to the Sele ...