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Grindrod Ltd (GNDJ.J)

GNDJ.J on Johannesburg Stock Exchange

755.00ZAc
25 Sep 2018
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Latest Key Developments (Source: Significant Developments)

Grindrod Says ‍Intention To Explore Separate Listing Of Grindrod's Shipping Business
Friday, 23 Mar 2018 11:01am EDT 

March 23 (Reuters) - Grindrod Ltd ::INTENTION OF GRINDROD TO EXPLORE SEPARATE LISTING OF GRINDROD'S SHIPPING BUSINESS ON AN INTERNATIONAL STOCK EXCHANGE​.  Full Article

Grindrod Sees FY Headline Loss of 356 Mln Rand
Wednesday, 14 Mar 2018 11:00am EDT 

March 14 (Reuters) - Grindrod Ltd ::‍LOSS FOR YEAR ENDED 31 DECEMBER 2017 WILL BE R 583 MILLION (AN IMPROVEMENT OF 69% COMPARED TO R 1 908 MILLION IN 2016)​.FY HEADLINE LOSS WILL BE R 356 MILLION (AN IMPROVEMENT OF 23% COMPARED TO R 460 MILLION IN 2016)​.  Full Article

Grindrod Sees FY ‍Headline Loss Per Share To Be Between 46.1 Cents And 48.7 Cents​
Tuesday, 27 Feb 2018 05:10am EST 

Feb 27 (Reuters) - Grindrod Ltd ::FY ‍HEADLINE LOSS PER SHARE FOR PERIOD IS EXPECTED TO BE BETWEEN 46.1 CENTS AND 48.7 CENTS​.‍EXPECTS FY LOSS PER SHARE BETWEEN 76.3 CENTS AND 78.9 CENTS, BEING DECREASE OF BETWEEN 70% AND 69% COMPARED TO PRIOR YEAR​.  Full Article

Grindrod Says Will Seek Listing Of Shipping Business Before End Of First Half Of 2018​
Tuesday, 16 Jan 2018 04:20am EST 

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 10:00am EDT 

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

Grindrod half-year headline loss per share at 17.2 c/shr​
Wednesday, 23 Aug 2017 09:00am EDT 

Aug 23 (Reuters) - GRINDROD LTD ::‍HY REVENUE R13,404.3 MILLION INCLUSIVE OF JOINT VENTURES (H1 2016: R11,071.2 MILLION)​.HY ‍HEADLINE LOSS PER SHARE 17.2 CENTS (H1 2016: 50.8 CENTS)​.HY HEADLINE EARNINGS PER SHARE EXCLUDING RAIL ASSEMBLY BUSINESSES 16.8 CENTS (H1 2016 HEADLINE LOSS: 48.9 CENTS).NO INTERIM ORDINARY DIVIDEND WAS DECLARED (H1 2016: NO INTERIM ORDINARY DIVIDEND DECLARED).BOARD HAS RESOLVED TO INVESTIGATE A SEPARATE LISTING OF SHIPPING BUSINESS ON A RECOGNISED INTERNATIONAL STOCK EXCHANGE.EXPECTS TO MAKE A FINAL DETERMINATION REGARDING A SEPARATE LISTING BEFORE END OF YEAR.‍SHAREHOLDER ENGAGEMENT ON A PROPOSAL FOR UNBUNDLING WILL TAKE PLACE IN DUE COURSE​.  Full Article

Grindrod ‍sees HY headline loss of 18.5 - 15.9 cents per share
Tuesday, 15 Aug 2017 05:03am EDT 

Aug 15 (Reuters) - GRINDROD LTD ::EXPECTS LOSS FOR SIX MONTHS THAT ENDED 30 JUNE 2017 TO BE BETWEEN R97 MILLION AND R77 MILLION.‍SEES HY HEADLINE LOSS FOR PERIOD IS EXPECTED TO BE BETWEEN R139 MILLION AND R119 MILLION, WHICH IS AN IMPROVEMENT OF BETWEEN 64% AND 69%​.EXPECTSHY LOSS PER SHARE TO BE BETWEEN 12.9 CENTS PER SHARE AND 10.3 CENTS PER SHARE.‍SEES HY HEADLINE LOSS 18.5 -15.9 CPER SHARE, AN IMPROVEMENT OF 64% - 69% TO PRIOR YEAR HEADLINE LOSS OF 50.8 CENTS PER SHARE​.  Full Article

Grindrod says CEO to step down effective July 31
Thursday, 1 Jun 2017 05:05am EDT 

June 1 (Reuters) - Grindrod Ltd ::Alan Olivier, group's chief executive officer (CEO), will with effect from 31 July 2017 take early retirement to pursue personal interests.Michael Hankinson to act as executive chairman in transitional phase, with Andrew Waller, group financial director, supporting him.Board will begin process of appointing a group CEO.  Full Article

Syrah Resources says awarded logistics contract to Grindrod
Sunday, 23 Apr 2017 08:11pm EDT 

April 24 (Reuters) - Syrah Resources Ltd : :Syrah awards logistics contract to Grindrod.Syrah Resources and trading operation dmcc, has awarded a graphite distribution and logistics services supply contract.Graphite distribution and logistics services supply contract for Balama project to Grindrod Mauritius (Grindrod).Contract has an initial term of five years with option for Syrah to extend for two further five year periods.  Full Article

Grindrod Ltd full-year headline loss per share 61.2 cents
Thursday, 2 Mar 2017 01:13am EST 

Grindrod Ltd : FY revenue R24.930 billion inclusive of joint ventures (2015: R27.995 billion) . Revenue in second half R13.859 billion (H1: R11.071 billion) . FY headline loss per share 61.2 cents (2015: headline earnings per share 74.4 cents) .No final FY ordinary dividend was declared (2015: 6.0 cents per share).  Full Article