PSV Holdings Limited will delist from the Johannesburg Stock Exchange (JSE), with the company battling business rescue and liquidation proceedings for close to six years
Founded in 1998, PSV is an industrial engineering holding company that provides industrial supplies, including steel and tools, as well as specialised services, such as gas systems.
The company provided these services to various sectors, including mining, manufacturing, water, and healthcare, across Southern Africa. The company was listed on the JSE in 2006.
However, it fell into hard times at the turn of the current decade, with PSV Holdings placed into business rescue in 2020 amid severe financial…