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Grindrod Shipping Reports Voluntary Delisting From Nasdaq Global Select Market; Delisting To Be Effective Before The Opening Of Nasdaq On August 26, 2024

Benzinga·08/06/2024 09:32:11
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The company announced its intention to voluntarily delist its ordinary shares from the NASDAQ Global Select Market, in connection with its proposed Selective Capital Reduction pursuant to Section 78G of the Companies Act of 1967 of Singapore.

The Company intends to file a Form 25 with the Securities and Exchange Commission on August 16, 2024 to effect the delisting. The delisting will be effective before the opening of Nasdaq on August 26, 2024. The Company reserves the right to delay the filing of the Form 25.