Grindrod Limited, South Africa, Durban, 18 June 2018: Today, at 09h30 EST in New York City, the bell will ring on the Nasdaq trading floor signifying the first day of trade for Grindrod Shipping Holdings. The seven-storey Nasdaq Tower in Times Square will light up with the Grindrod Shipping logo, and display Grindrod Shipping’s majestic vessels.
Grindrod Shipping Holdings Ltd. (Nasdaq: GRIN), a long-established ship owner and operator of a diversified fleet of dry-bulk and liquid-bulk vessels across the globe, will visit the Nasdaq Market Site in Times Square.
Grindrod restructure bears fruit and plans the spin-off of the Shipping business and listing on the Nasdaq
Durban, 23 March 2018: Grindrod Limited released its results for the financial year ending 31 December 2017 and confirmed the business restructure is well progressed, this includes the planned spinoff of its Shipping division on the Nasdaq, the closure of the rail assembly business and sale of the rail construction business.