| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | July 26, 2024 |
| Accession Number: | 0001575872-24-000810 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/16/2023 | Buy → Neutral | Alliance Global Partners | |
| 7/17/2023 | $12.50 | Neutral → Buy | Alliance Global Partners |
| 8/3/2022 | $32.00 | Buy | Alliance Global Partners |
| 4/27/2022 | $26.00 | Buy | Jefferies |
| 10/28/2021 | $20.00 | Buy | Jefferies |
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 meanings ascribed to them in the circular issued to shareholders of the Company dated May 14, 2024. The Selective Capital Reduction became effective upon the lodgement of the Court Order, a
SINGAPORE, Aug. 06, 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 its intention to voluntarily delist its ordinary shares from the NASDAQ Global Select Market ("Nasdaq"), in connection with its proposed Selective Capital Reduction pursuant to Section 78G of the Companies Act of 1967 of Singapore (the "Selective Capital Reduction"). The Company refers to the circular issued to shareholders of the Company (the "Circular") and its previous press release issued on July 19, 2024. Capitalised terms not otherwise defined
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 Selective Capital Reduction, the extraordinary general meeting of the Company held on 20 June 2024 (the "EGM"), and the announcement by the Company dated 20 June 2024 in relation to the re
SC 13D/A - Grindrod Shipping Holdings Ltd. (0001725293) (Subject)
SC 13D/A - Grindrod Shipping Holdings Ltd. (0001725293) (Subject)
SC 13G/A - Grindrod Shipping Holdings Ltd. (0001725293) (Subject)
Alliance Global Partners downgraded Grindrod Shipping from Buy to Neutral
Alliance Global Partners upgraded Grindrod Shipping from Neutral to Buy and set a new price target of $12.50
Alliance Global Partners initiated coverage of Grindrod Shipping with a rating of Buy and set a new price target of $32.00
15-12G - Grindrod Shipping Holdings Ltd. (0001725293) (Filer)
SC 13E3/A - Grindrod Shipping Holdings Ltd. (0001725293) (Subject)
25 - Grindrod Shipping Holdings Ltd. (0001725293) (Filer)
The number of states where recreational weed is legal is growing each year. Top-selling states like California and Michigan have reported $2.1 billion and $1.6 billion, respectively, in recreational cannabis sales for the first half of 2024, as reported by Green Market Report's Debra Borchardt. California cannabis supremacy can't be argued even though many experts have insisted the state's marijuana market is “on the verge of collapse.” On the other hand, the Golden State is home to the California State Fair at Cal Expo which just recently, for the first time in its 170-year history, allowed on-site cannabis sales and consumption. Moreover, exciting news that Snoop Dogg is set to open
Grown Rogue International Inc.(CSE:GRIN) (OTC:GRUSF) has entered a secured drawdown promissory note agreement with ABCO Garden State, LLC, a New Jersey licensed cultivator. As of Friday, July 5th, Grown Rogue owns 44% of ABCO, with an option to acquire an additional 26% of ABCO, subject to regulatory approval. On May, 31, Grown Rogue, obtained licensing approval with the New Jersey Cannabis Regulatory Commission (CRC) and closed its first option to acquire 44% of ABCO. “As we reach the final stages of Phase I construction, this additional capital will be used to finish construction and provide the necessary working capital to become operational," stated Obie Strickler, CEO of Grown Rog
Craft cannabis company, Grown Rogue International Inc.(CSE:GRIN) (OTC:GRUSF) confirmed Monday it will implement a reorganization of the company’s share capital as approved by the company's shareholders at its last annual and special meeting. “The purpose of the share reorganization is to preserve our foreign private issuer status in the United States and will have no impact on the voting power of any shareholder. Completing the share reorganization will allow us to defer the added reporting obligations and the conversion of our financial reporting standards from IFRS to GAAP,” stated Obie Strickler, CEO of Grown Rogue. “Our accounting and finance team have already completed two sets of au
SINGAPORE, April 04, 2024 (GLOBE NEWSWIRE) -- Exhibit 99.1 GRINDROD SHIPPING HOLDINGS LTD.(Incorporated in Singapore)(Registration No.: 201731497H)Primary listing on the NASDAQ Global Select MarketSecondary listing on the JSE Main BoardNASDAQ Share code: GRIN and SEC CIK Number: CIK0001725293JSE Share code: GSH and ISIN: SG9999019087(the "Company") 1INTRODUCTION The board of directors (the "Board") of Grindrod Shipping Holdings Ltd. (the "Company") wishes to announce that it proposes to seek the approval of the shareholders of the Company (the "Shareholders") at an extraordinary general meeting of the Company (the "EGM") to be convened, for a selective capital reduction exercise to be
SINGAPORE, Feb. 15, 2023 (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 its earnings results for the three months and the year ended December 31, 2022. Financial Highlights for the Three Months Ended December 31, 2022 Revenues of $81.4 millionGross profit of $23.0 millionLoss for the period from continuing operations and attributable to owners of the Company of $4.6 million, or $0.24 per ordinary shareAdjusted net income of $10.6 million, or $0.56 per ordinary share(1)Adjusted EBITDA from cont
SINGAPORE, Oct. 12, 2022 (GLOBE NEWSWIRE) -- THIS JOINT ANNOUNCEMENT DATED 12 OCTOBER 2022 (THE "ANNOUNCEMENT") DOES NOT CONSTITUTE AN OFFER AND IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO, OR FROM, ANY JURISDICTION OUTSIDE THE UNITED STATES OF AMERICA, SOUTH AFRICA, AND SINGAPORE IN WHICH THE INTRODUCTION OR IMPLEMENTATION OF THE OFFER (AS DEFINED BELOW) WOULD NOT BE IN COMPLIANCE WITH THE LAWS OR REGULATIONS OF SUCH JURISDICTION. PLEASE REFER TO PARAGRAPH 19 OF THIS ANNOUNCEMENT FOR FURTHER DETAILS RELATING TO GRINDROD SHAREHOLDERS IN OTHER JURISDICTIONS. GOOD FALKIRK (MI) LIMITED(Registration No.: 96379)(Incorporated in Marshall Islands)(the
SINGAPORE, Feb. 28, 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 its second half (1) and full year 2023 earnings results for the period ended December 31, 2023. Financial Highlights for the Second Half of the Year Ended December 31, 2023 Revenues of $201.2 millionGross profit of $15.9 millionLoss for the period and attributable to owners of the Company of $10.9 million, or $0.56 per ordinary shareAdjusted net loss of $9.2 million, or $0.47 per ordinary share(2)Adjusted EBITDA of $24.8 m
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 provider of maritime transportation services predominantly in the drybulk sector, today announced it will release its second half and full year 2023 earnings results for the period ended December 31, 2023 on Wednesday, February 28, 2024, after market closing in New York. The Company will not be holding a conference call and webcast to discuss the results. About Grindrod Shipping Grindrod Shipping predominantly owns and operates a diversified fleet of owned and long-term and short-term chartered-in drybulk vessels. The
SINGAPORE, Nov. 28, 2023 (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 its earnings results for the three months and nine months ended September 30, 2023. Financial Highlights for the Three Months Ended September 30, 2023 Revenues of $112.5 millionGross profit of $4.2 millionLoss for the period and attributable to owners of the Company of $8.5 million, or $0.44 per ordinary shareAdjusted net loss of $6.5 million, or $0.33 per ordinary share(1)Adjusted EBITDA of $11.2 million(1)Handysize and s