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Sri Lanka Equity Forum » Stock Market Talk » THE RISE AND FALL OF ABANS GROUP


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1 THE RISE AND FALL OF ABANS GROUP on Wed May 09, 2018 7:11 pm


Senior Equity Analytic
Senior Equity Analytic
Most family-owned businesses like Abans revolve around their founders. Their values set the example and the tone. Their words carry gospel-like weight.

Understandably, it was their wisdom along with their blood, sweat and tears that built them. These businesses differ culturally from the average corporate, and regardless of size, are more intimate. Employees work for a real person or the legacy of one, not for an entity owned by faceless shareholders.

Some family companies like XXXXXXX have grown from strength to strength, from one generation to another and are leaders in today’s complex business world while some like Abans group have dropped by the wayside.

What will happen to the Abans group? Is it for sale ?

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