More delistings on cards for JSE

Pandemic and weak economy push smaller firms to quit bourse

24 January 2021 - 00:06 By NICK WILSON

Experts expect to see more delistings from the JSE this year due to SA’s weak business environment, particularly of small and mid-sized companies.

Shares in smaller listed companies are often tightly held by a few large shareholders, and because of this and the fragile economy trade at major discounts to their underlying value — which makes them attractive targets for private equity players or management buyouts...

This article is reserved for Sunday Times subscribers.

A subscription gives you full digital access to all Sunday Times content.

Already subscribed? Simply sign in below.

Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.