Category: Corporate

  • Serendib Engineering Group PLC: From Listed “Turnaround Story” to Delisting

    Serendib Engineering Group PLC: From Listed “Turnaround Story” to Delisting

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    Serendib Engineering Group PLC (IDL) is a stark reminder of how a listed company’s fortunes can change dramatically when governance, capital discipline, and regulatory compliance begin to erode. The company’s journey on the Colombo Stock Exchange effectively began as a revival story. It emerged from a previously dormant listed shell, formerly known as Infrastructure Developers

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