Globaltrans Investment GDR RegS (GLTVF) has released an update.
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Globaltrans Investment PLC is grappling with a challenging freight rail market characterized by a drop in rail turnover and transportation volumes, coupled with increasing operational costs. Despite these hurdles, the company is finalizing its listing restructuring and has completed a significant voluntary tender offer for its global depositary receipts. However, due to ongoing market constraints, Globaltrans has halted its dividend policy and investment activities for the time being.
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