Edition:
India

Grindrod Ltd (GNDJ.J)

GNDJ.J on Johannesburg Stock Exchange

450.00ZAc
13 Sep 2019
Change (% chg)

-7.00 (-1.53%)
Prev Close
457.00
Open
480.00
Day's High
480.00
Day's Low
449.00
Volume
300,498
Avg. Vol
501,785
52-wk High
905.00
52-wk Low
408.00

Latest Key Developments (Source: Significant Developments)

Grindrod Ltd Announces Proposed Disposal Of Investment In NWK Limited
Monday, 2 Sep 2019 

Sept 2 (Reuters) - Grindrod Ltd ::ANNOUNCES PROPOSED DISPOSAL OF INVESTMENT IN NWK LIMITED.ENTERED AGREEMENT WITH NWK HOLDINGS TO SELL INVESTMENT IN NWK FOR 204.1 MILLION RAND.AS AT SEPT 2, CO BENEFICIALLY OWNS AND HOLDS 20.38% OF NWK'S TOTAL NUMBER OF ORDINARY SHARES.  Full Article

Grindrod HY HEPS Of 20.1 Cents
Friday, 23 Aug 2019 

Aug 23 (Reuters) - Grindrod Ltd ::GRINDROD LIMITED UNAUDITED INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2019.CONTINUING OPERATIONS GENERATED EARNINGS OF R136.7 MILLION FOR FIRST HALF OF 2019 AGAINST A LOSS OF R418.2 MILLION IN 2018.HY HEADLINE EARNINGS GREW BY 118% TO R136.7 MILLION COMPARED TO R62.6 MILLION IN 2018.HY BASIC LOSS PER SHARE 20.1 CENTS.HY HEADLINE EARNINGS PER SHARE 20.1 CENTS.INTERIM DIVIDEND OF 5.0 CENTS HAS BEEN DECLARED OUT OF INCOME RESERVES FOR -SIX MONTH PERIOD ENDED 30 JUNE 2019.  Full Article

Grindrod FY EPS 378.5 Cents (2017 Loss Per Share 77.6 Cents)
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Grindrod Ltd ::FY EARNINGS PER SHARE 378.5 CENTS (2017: LOSS PER SHARE 77.6 CENTS).FY HEADLINE EARNINGS PER SHARE 95.3 CENTS (2017: 76.0 CENTS).FY REVENUE INCLUSIVE OF JOINT VENTURES UP 16% TO R24 655.3 MILLION (2017: R21 275.9 MILLION).RESUMED DIVIDEND AT 4 TIMES COVER BASED ON SECOND HALF HEADLINE EARNINGS.FINAL ORDINARY DIVIDEND OF 14.6 CENTS DECLARED (2017: NO FINAL ORDINARY DIVIDEND DECLARED).CONTINUES TO IMPLEMENT STRATEGIES OF FREIGHT SERVICES AND FINANCIAL SERVICES DIVISIONS.  Full Article

Grindrod Bank Appoints Julian Beare As Independent Non-Executive Chairman
Monday, 5 Nov 2018 

Nov 5 (Reuters) - Grindrod Bank::JULIAN BEARE HAS BEEN APPOINTED AS INDEPENDENT NON-EXECUTIVE CHAIRMAN OF GRINDROD BANK WITH EFFECT FROM 1 NOVEMBER 2018.  Full Article

Grindrod HY TOTAL OPERATIONS HEPS 3.8 CENTS
Friday, 31 Aug 2018 

Aug 31 (Reuters) - Grindrod Ltd ::GRINDROD LTD - HY HEADLINE EARNINGS PER SHARE 37.8 CENTS (H1 2017: 30.8 CENTS).GRINDROD LTD - HY REVENUE INCLUSIVE OF JOINT VENTURES UP 5% TO R11 051.7 MILLION (H1 2017: R10 515.9 MILLION).GRINDROD LTD - HY TOTAL OPERATIONS HEADLINE EARNINGS PER SHARE 3.8 CENTS (H1 2017 HEADLINE LOSS PER SHARE: 17.2 CENTS).  Full Article

Grindrod Appoints Andrew Waller CEO, Xolani Mbambo Finance Director
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Grindrod Ltd ::GRINDROD LTD - MIKE HANKINSON WILL CONTINUE IN HIS ROLE AS EXECUTIVE CHAIRMAN.GRINDROD LTD - ANDREW WALLER WILL TAKE OVER HELM AS CEO OF GRINDROD LIMITED.GRINDROD LTD - XOLANI MBAMBO, CURRENT CFO OF FREIGHT SERVICES BUSINESS, HAS BEEN APPOINTED AS FINANCE DIRECTOR OF GRINDROD LIMITED.GRINDROD LTD - DAVID POLKINGHORNE WILL CONTINUE TO LEAD FINANCIAL SERVICES AND GRINDROD BANK.GRINDROD LTD - SHIPPING MARKET AND OUTLOOK REMAINS POSITIVE WITH NEWLY CONSTITUTED GRINDROD SHIPPING BOARD GUIDING COMPLETION OF STRATEGY..  Full Article

Grindrod Says Will Seek Listing Of Shipping Business Before End Of First Half Of 2018​
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Grindrod Ltd ::ON ‍PROPOSED INTERNATIONAL LISTING, VARIOUS PROCESSES REQUIRED WITH DIFFERENT REGULATORS IN RELEVANT JURISDICTIONS ARE TAKING LONGER THAN EXPECTED​.‍BASED ON CURRENT ESTIMATES, BOARD AIMS TO MAKE ITS FINAL DETERMINATION ON PROPOSED INTERNATIONAL LISTING IN EARLY PART OF 2018​.‍GRINDROD WILL SEEK LISTING OF SHIPPING BUSINESS BEFORE END OF FIRST HALF OF 2018​.  Full Article

Grindrod shipping unit chief steps down amid spinoff
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Grindrod Ltd :GRINDROD LTD - ‍EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER OF SHIPPING DIVISION, MARTYN RICHARD WADE WILL STEP DOWN FROM BOARD OF DIRECTORS OF CO​.GRINDROD LTD - MARTYN RICHARD WADE WILL TAKE UP A DIRECTORSHIP WITH NEWLY FORMED SHIPPING HOLDING CO, GRINDROD SHIPPING HOLDINGS EFFECTIVE 1 NOV.  Full Article