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Trencor to delist following successful fulfillment of liquidation condition
The Star
|July 18, 2025
STOCKS of cash holding company Trencor plunged by 1.9% to R1.06 per share early on Thursday following an announcement that it has fulfilled the final condition required for its impending delisting on the JSE after 70 years and voluntary winding-up.
This news follows prior communications in May, June, and earlier this month, which outlined the company’s plans to gradually cease operations while ensuring shareholders receive their due dividends.
Trencor is the latest company to announce it is delisting following AH-Vest’s announcement in June to delist from the JSE’s AltX board at a time when the JSE has undertaken several initiatives to make it easier and less costly for small and medium-sized businesses to list.
In 2024, there were about 14 company delistings from the JSE, continuing a multiyear trend of a contraction in the number of listed companies.
Dit verhaal komt uit de July 18, 2025-editie van The Star.
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