Grindrod Shipping Holdings Ltd. Announces Results of the Extraordinary General Meeting Held on June 20, 2024
- Grindrod Shipping Holdings EGM: Held an extraordinary general meeting to consider approval of a proposed selective capital reduction.
- Selective Capital Reduction Proposal: Shareholders voted to reduce the issued share capital of the company and return cash to participating shareholders.
- Approval Process: The proposal requires approval from the High Court of the Republic of Singapore.
- Voting Results: The SCR Proposal was approved by shareholders at the EGM.
- Forward-Looking Statements: The announcement contains forward-looking statements regarding Grindrod Shipping's financial condition and business strategies.
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