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Grindrod to Float Listing of Shipping Business Offshore

Maritime Activity Reports, Inc.

March 23, 2018

Photo: Grindrod

Photo: Grindrod

Grindrod, the South Africa-listed freight logistics and shipping services firm, said on Friday it will list its shipping business offshore, with a secondary listing on the Johannesburg bourse.

Grindrod, which also has a financial services business, said the transaction which will list the shipping business on the NASDAQ is estimated to be implemented by June, 18.


Reporting by Tanisha Heiberg