Grindrod Shipping's shares surged 30% as the company plans a buyout of minority shareholders, facing potential challenges for approval. Explore more here.
Shares of Grindrod Shipping Holdings Ltd. (GRIN) are surging more than 26 percent in pre-market on Friday to $13.33, after the company said it plans to seek shareholders' approval for a selective capital reduction exercise.
Grindrod Shipping announces purchase of parent Taylor Maritime's vessel management operations for approximately $11.75 million. Read more on GRIN stock here.
Grindrod reported profitable Q2 results, but faces challenges ahead due to lower TCE rates and concerns over Taylor Maritime's future actions. Read more here.