Taylor Maritime Investments Limited Possible Offer Announcement Proposal to Acquire Grindrod Shipping Holdings Ltd.

Taylor Maritime Investments Limited (the “Company” or “TMI”) announces that on 25 August 2022 it submitted a non-binding indicative offer proposal (the “Proposal”) to the board of directors of Grindrod Shipping Holdings Ltd. (“Grindrod”), to acquire all of the issued ordinary shares (excluding treasury shares) (the “Shares”) in the capital of Grindrod (other than the …

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