Group Five to delist from JSE after 46 years
The embattled construction group has been in business rescue since March 2019, and has been in the process of winding down the business
11 May 2020 - 13:19
Group Five, once a revered construction company that helped build Moses Mabhida Stadium and roads as far away as Eastern Europe, will leave the JSE in June with a whimper.
Construction companies have gone from being stars on the JSE to having barely any presence at all as projects, including infrastructure work for the government, have dried up in an economy that has not grown at more than 2% in five years...
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