Group structure

at 31 march 2009

 

      ASSOCIATED COMPANIES AND OTHER
   
        Financial services
          • RMB Holdings 25.0%
          • FirstRand 9.2%
             
        Industrial interests
          • Air Products South Africa 50.0%
          • Distell 29.2%
          • Dorbyl 41.4%
          • Kagiso Trust Investments 42.5%
          • Medi-Clinic 45.9%
          • Nampak 13.3%
          • PGSI 29.1%
          • Total South Africa 24.9%
          • Unilever South Africa Holdings 25.8%
             
        Mining interests
          • Trans Hex 28.5%
          • Implats 4.4%
             
        Other interests
          • Business Partners 21.5%
          • Xiocom 44.4%
           
        SUBSIDIARY COMPANIES
   
        Industrial interests
          • Tsb Sugar 100.0%
          • Wispeco 100.0%
          • Rainbow 73.3%
             
        Corporate and other interests
          • Remgro Finance Corporation 100.0%
          • M&I Group Services 100.0%
          • Remgro Investments – Jersey 100.0%
           
          Percentages represent the direct interests held.
Annexures A and B provide further information of subsidiary companies and investments.

 

Group structure

INFORMATION ON THE COMPANIES IN WHICH INVESTMENTS ARE HELD

 

ASSOCIATED COMPANIES AND OTHER

 
   
 
   
              Financial services                Mining interests
   
Air Products
effective interest: 25.0%
Listed on the JSE Limited.
Chief Operating Officer: P Cooper
RMBH’s interests are:
 



FirstRand Limited (33%)
RMB Structured Insurance Limited (80%)
OUTsurance Limited (62%)
Discovery Holdings Limited (27%)
Market capitalisation at 31 March 2009: R24 908 million
Website: www.rmbh.co.za
First Rand
effective interest: 9.2%
(excluding indirect interest held through RMB Holdings)
Listed on the JSE Limited.
Chief Executive Officer: P K Harris
The FirstRand group of companies is involved in financial services activities, including retail, corporate, investment and merchant banking, short-term insurance, life insurance, employee benefits and asset management.
The banking and insurance activities are represented by the wholly owned subsidiaries FirstRand Bank Holdings Limited and Momentum Group Limited respectively.
Market capitalisation at 31 March 2009:
R67 994 million
Website: www.firstrand.co.za
Trans Hex
effective interest: 28.5%
Listed on the JSE Limited.
Chief Executive Officer: L Delport
Exploration for, and mining and marketing of land and marine diamonds.
Market capitalisation at 31 March 2009:
R154 million
Website: www.transhex.co.za
Implats
effective interest: 4.4%
Listed on the JSE Limited.
Chief Executive Officer: D H Brown
Implats is a fully integrated mining and metallurgical organisation, which markets refined platinum group metals for global markets and is one of the world’s largest platinum recyclers.
Market capitalisation at 31 March 2009: R99 947 million
Website: www.implats.co.za

 

ASSOCIATED COMPANIES AND OTHER

 
   
 
INDUSTRIAL INTERESTS
 
 
Air Products
effective interest: 50.0%
Unlisted
Chief Executive Officer: M Hellyar
Air Products SA produces oxygen, nitrogen, argon, hydrogen and carbon dioxide for sale in gaseous form by pipeline under long-term contracts to major industrial users, as well as the distribution of industrial gases and chemicals for sale, together with ancillary equipment, to the merchant market.
The other 50% of the ordinary shares is held by Air Products and Chemicals Incorporated, a USA company.
Website: www.airproducts.co.za
Medi-Clinic
effective interest: 45.9%
Listed on the JSE Limited.
Chief Executive Officer: L J Alberts
Medi-Clinic’s business consists of the provision of comprehensive, high-quality hospital services on a cost-effective basis in Southern Africa, the United Arab Emirates and Switzerland.
Market capitalisation at 31 March 2009: R12 750 million
Website: www.mediclinic.co.za
Dorbyl Limited
effective interest: 41.4%
Listed on the JSE Limited.
Chief Executive Officer: R F Röhrs
Dorbyl is an industrial group in the automotive engineering industry. The company specialises in the production and assembly of a wide range of vehicle components.
Market capitalisation at 31 March 2009: R119 million
Website: www.dorbyl.co.za
 
Distell
effective interest: 29.2%
Listed on the JSE Limited.
Chief Executive Officer: J J Scannell
Distell produces and markets fine wines, spirits and flavoured alcoholic beverages, in South Africa with an increasing international profile.
Interest is represented by a 50% shareholding in Remgro-KWV Investments Limited, which held a 58.4% share in Distell at 31 March 2009.
Market capitalisation at 31 March 2009:
R10 459 million
Website: www.distell.co.za
Kagiso Trust Investments
effective interest: 42.5%
Unlisted
Chief Executive Officer: J Njeke
Kagiso Trust Investments (“Kagiso”) is an established black economic controlled company with a focus on investment banking services, media and strategic investments. Kagiso has an investment portfolio and strategy that is complementary to that of Remgro.
Website: www.kagiso.com
TOTAL
effective interest: 24.9%
Unlisted
Chief Executive Officer: J Royére
Subsidiary of Total (France). Total South Africa’s business is the refining and marketing of petroleum and petroleum products in South Africa. It distributes to neighbouring NBLS countries. It has a 36% interest in National Petroleum Refiners of S.A. (Pty) Limited (Natref).
Website: www.total.co.za
 
Nampak
effective interest: 13.3%
Listed on the JSE Limited.
Chief Executive Officer: A B Marshall
Nampak is Africa’s largest and most diversified packaging manufacturer, with operations in the United Kingdom and Europe. It produces a wide variety of packaging products from metals, paper, plastic and glass and is the largest manufacturer and distributor of tissue paper products in South Africa.
Market capitalisation at 31 March 2009:
R8 293 million
Website: www.nampak.com
Unilever
effective interest: 25.8%
Unlisted
Chief Executive Officer:
Mrs G A Klintworth
The Unilever venture manufactures and markets an extensive range of food and home and personal care products, while enjoying market leadership in most of its major categories. Well-known brands include Robertsons, Rama, Flora, Lipton, Joko, Mrs Ball’s, Sunlight, Omo, Surf, Vaseline and Lux.
Website: www.unilever.co.za
 
PGSI Limited
effective interest: 29.1%
Unlisted
Chief Executive Officer: S Jennings
PGSI holds an interest of 100% in PG Group.
The PG Group is South Africa’s leading integrated glass business that manufactures, distributes and installs high-performance automotive and building glass products.
Website: www.pggroup.co.za

 

 

  ASSOCIATED COMPANIES
AND OTHER
  SUBSIDIARY COMPANIES
           
           
 
   
 
   
 
   
           
  OTHER INTERESTS   INDUSTRIAL INTERESTS   CORPORATE AND
OTHER INTERESTS
 
Business Partners
effective interest: 21.5%
Unlisted
Chief Executive Officer: N Martin
Business Partners is a specialist investment company providing customised and integrated investments, mentorship and property management services for small and medium enterprises in South Africa.
Website: www.businesspartners.co.za
Xiocom
effective interest: 44.4%
Unlisted
Chief Executive Officer: T Richardson
Xiocom is a recently established USA company that specialises in the deployment and operation of wireless broadband networks.
Website: www.xiocom.com
 
Tsb Sugar
effective interest: 100.0%
Unlisted
Chief Executive Officer: J du Plessis
Tsb Sugar is involved in cane growing and the production, transport and marketing of sugar and animal feed. Citrus is also grown on the company’s estates.
Website: www.tsb.co.za
WISPECO Aluminium
effective interest: 100.0%
Unlisted
Managing Director: H Rolfes
Wispeco’s main business is the extrusion of aluminium profiles used mainly in the building, engineering and durable goods sectors.
Website: www.wispeco.co.za
rainbow
effective interest: 73.7%
Listed on the JSE Limited.
Chief Executive Officer: M Dally
Rainbow is the holding company of one principal operating subsidiary, which is a vertically integrated chicken producer.
Market capitalisation at 31 March 2009: R5 292 million
Website: www.rainbowchicken.co.za
 
Remgro Finansieringskorporasie Beperk
effective interest: 100.0%
Unlisted companies
Responsible for Remgro’s central treasury function as well as management and support services.