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Grindrod Shipping shares rallied by 30% after the company announced plans to buy out minority shareholders for $14.25 in cash per common share.
SINGAPORE, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company” or “we” or “us” or “our”), a global provide
Grindrod didn't only continue to reduce its total amount of debt in the last quarter, management also reported the completion of the acquisition of Tamar Ship Management Limited. Favorable outlook for
SINGAPORE, Nov. 27, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company”), a global provider of maritime transportation services
Grindrod Shipping announces the purchase of parent Taylor Maritime's vessel management operations for total consideration of approximately $11.75 million dollars. As a result of a recently approved ca
SINGAPORE, Aug. 29, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or “Company”), a global provider of maritime transportation services
Grindrod Shipping: Controlling Shareholders' Delisting Threat Likely To Remain An Overhang
Star Bulk: The Market Outlook, The Peers, And The Risks.
SINGAPORE, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company"), a global provider of maritime transportation services in
Grindrod Shipping's business has remained highly profitable, and management is looking to pay out 30% of net income as dividends. A recent offer at a 17% premium has not been accepted, as investors se
Due to the high inflation rates, COVID-19, and the continuing war in Ukraine, the global recession likely will continue hurting the demand for dry bulk commodities. However, the measures of the Chines
Taylor Maritime Investments Limited (TMI) has agreed to buy Grindrod Shipping Holdings Limited for a total price of $506mln. The deal, facilitated through TMI's subsidiary, Good Falkirk, values each s
A buyout proposal pops the shares on an otherwise unmemorable Monday for the market.
Source: Avigator Fortuner / Shutterstock.com This morning, Grindrod Shipping (NASDAQ: GRIN ) disclosed that it is in “exclusive discussions” with Taylor Maritime Investments (OTCMKTS: TMILF ) reg
Grindrod Shipping Holdings Ltd. (NASDAQ:GRIN ) Q2 2022 Earnings Conference Call August 18, 2022 8:00 AM ET Company Participants Stephen Griffiths - Interim Chief Executive Officer & Chief Financial Of
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