Grindrod Shipping Holdings Ltd. Announces the Effectivess of the Selective Capital Reduction
GRINGrindrod Shipping(GRIN) GlobeNewswire News Room·2024-08-16 17:30

SINGAPORE, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company”), a global provider of maritime transportation services predominantly in the drybulk sector, today announced that, on August 16, 2024, its previously announced selective capital reduction became effective pursuant to Section 78G of the Companies Act of 1967 of Singapore (the “Selective Capital Reduction”). Capitalised terms not otherwise defined herein shall have the meani ...