Key Developments: Grindrod Ltd (GNDJ.J)

GNDJ.J on Johannesburg Stock Exchange

2,290.00ZAc
1 Oct 2014
Price Change (% chg)

33.00c (+1.46%)
Prev Close
2,257.00c
Open
2,252.00c
Day's High
2,307.00c
Day's Low
2,249.00c
Volume
496,649
Avg. Vol
821,253
52-wk High
2,895.00c
52-wk Low
2,230.00c

Search Stocks

Latest Key Developments (Source: Significant Developments)

Coal of Africa Ltd reached an agreement with Grindrod's subsidiaries
Wednesday, 27 Aug 2014 02:00am EDT 

Coal of Africa Ltd:Announces that it has reached an agreement with Grindrod Corridor Management Proprietary Ltd and Terminal de Carv√£o da Matola Limitada (TCM), both subsidiaries of Grindrod Ltd.Says agreement for settlement of both historic and future liabilities, up to end of Dec. 2016, remaining under current terms of Aug. 2008 throughput agreement.Under throughput agreement company secured long term port allocation through Matola Terminal in Maputo, Mozambique operated by TCM.Says throughput agreement commenced in 2009, continuing for renewable periods expiring at end of 2028.  Full Article

Grindrod Ltd declare preference and ordinary interim dividend
Thursday, 21 Aug 2014 01:05am EDT 

Grindrod Ltd:Declares preference interim gross dividend of 389,0 cents per cumulative, non-redeemable, non-participating and non-convertible preference share for six-month period ended June 30, 2014.Declares ordinary gross dividend of 13,6 cents per ordinary share for six-month period ended June 30, 2014.Dividend payment date on Sept. 22.Record date on Sept. 19.  Full Article

Grindrod Ltd gives H1 2014 earnings outlook
Friday, 1 Aug 2014 09:00am EDT 

Grindrod Ltd:Expects H1 2014 earnings per share (EPS) to increase by between 25-30 pct.Expects H1 2014 headline earnings per share (HEPS) to decrease by between 30-35 pct.Reported EPS of 90,2 cents per share and HEPS of 76,2 cents per share in H1 2013.Increase in EPS is attributed to the fair value that is required to be raised as a consequence of the acquisition of the shares in the BEE joint ventures.Decrease in HEPS is due to the continued depressed shipping markets, the impact of the industrial action in South Africa and closure of the commodity trading business.  Full Article

Grindrod Ltd proposes equity capital raising
Friday, 28 Mar 2014 06:57am EDT 

Grindrod Ltd:Approves equity capital raising process that will lead t total issue of shares of up to 4 bln Rand, with net cash proceeds to of up to 3 bln Rand.Proposed equity capital raising is intended to fund capital projects.  Full Article

Grindrod Ltd announces preference and ordinary share dividend
Wednesday, 26 Feb 2014 07:00pm EST 

Grindrod Ltd:Gross final dividend of 377,0 cents per cumulative, non-redeemable, non-participating and non-convertible preference share has been declared for the year ended Dec. 31.Payable to preference shareholders in accordance with the timetable.Gross final dividend of 17,1 cents per ordinary share has been declared for year ended Dec. 31, 2013.Payable to ordinary shareholders in accordance with the timetable.  Full Article

Grindrod Ltd gives FY 2013 earnings outlook
Monday, 10 Feb 2014 09:00am EST 

Grindrod Ltd:Expects FY 2013 earnings per share and headline earnings per share to increase by between 35-45 pct (2012: 141,8 cents per share) and 12- 18 pct (2012: 102,6 cents per share) respectively.The increase in EPS is attributed to an increase in operating earnings and the recognition of foreign currency translation reserves on cessation of certain offshore operations due to restructuring.This increase is partially offset by a goodwill impairment in the agricultural commodities business.  Full Article

Grindrod Ltd Announces Interim Dividend
Monday, 2 Sep 2013 01:05am EDT 

Grindrod Ltd announced that an interim gross dividend of 20,0 cents per share (H1 2012: 17,5 cents) has been declared for the six-month period ended June 30, 2013. The record date is on September 27, 2013 and the dividend will be paid on September 30, 2013.  Full Article

Grindrod Ltd Announces Gross Final Dividend
Wednesday, 27 Feb 2013 01:05am EST 

Grindrod Ltd announced that a gross final dividend of 379,0 cents per cumulative, non-redeemable, non-participating and non-convertible preference share (2011: 363,0 cents) has been declared for the year ended December 31, 2012, payable to preference shareholders on March 25, 2013, with the record date on March 22, 2013.  Full Article

Search Stocks