ELB Group to delist from JSE in February
Delisting from the bourse is integral to the group's plans to cut costs, and follows the delisting of Group Five and Esor in 2020
18 January 2021 - 14:05
Capital equipment provider and engineering firm ELB Group will delist from the JSE in February, another casualty of Covid-19 and general pressure on SA's construction sector.
ELB’s shareholders approved a buyout offer in December, with the group’s departure from the local bourse following that of civil engineering group Esor and builder Group Five, both in June...
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