Remgro Stock

Remgro Limited operates as an investment holding company in South Africa. The company’s interests consist mainly of investments in banking and financial services, printing and packaging, motor components, glass products, medical services, mining, petroleum products, food, wine and spirits, and various other trade mark products.

Segments

The company’s activities are classified into five segments: Tobacco interests, Financial services, Industrial interests, Mining interests, and Other interests.

Industrial Interests

Rainbow Chicken Limited (Rainbow): The Rainbow range of products can be classified as ‘core’ and ‘added value’. Added-value products include Rainbow Viennas and Polonies, Rainbow Crumbed, Rainbow Grill, and Braai.

Medi-Clinic Corporation Limited (Medi-Clinic): Hirslanden is a private hospital group in Switzerland, comprising 13 private acute-care facilities. Medi-Clinic has a controlling interest (50% plus one share) in Emirates Healthcare Holdings Limited which owns and operates the Welcare Hospital and The City Hospital in Dubai. Emirates Healthcare also has the right to develop another hospital.

Tsb Sugar Holdings (Pty) Limited (Tsb Sugar): Tsb Sugar is primarily involved in cane growing and the production, transport and marketing of refined sugar, brown sugar, animal feed, and citrus. The main area of operation is the Nkomazi region in the Mpumalanga Lowveld. Sugar products are sold under the Selati brand. The Selati brand target markets are Gauteng, Mpumalanga, North West, and Limpopo. Tsb Sugar’s two sugar mills are situated near Malelane and Komatipoort. Tsb Sugar also holds a 27.4% shareholding in Royal Swaziland Sugar Corporation Limited, a company that owns and operates two sugar mills in Swaziland. In addition, the company holds a shareholding of 63.7% in Mananga Sugar Packers, a sugar packaging and marketing company based in Swaziland, which markets sugar under the First brand in Swaziland, as well as in South Africa.

Tsb Sugar’s animal feed operation, Molatek, produces various feed products for the livestock market. The major raw materials (molasses and bagasse) used in the production process are by-products of sugar production.

Tsb Sugar is also invested in citrus through its 51% share in Golden Frontiers Citrus (GFC). GFC owns three citrus estates where grapefruit and oranges are cultivated, harvested and packed for the export market. The marketing of the citrus is undertaken by Komati Fruits, a partnership between various citrus producers. GFC also leases a citrus farm from, and manages banana farms on behalf of, newly established companies.

Air Products South Africa (Pty) Limited (Air Products): Air Products is the manufacturer of industrial gases in Southern Africa. Air Products also imports and distributes a variety of specialty gases and chemical products that are supplied to a range of industries, including steel, chemicals, oil refining, resource minerals, glass, pulp and paper, food packaging, as well as general manufacturing, fabrication and welding. The company operates large-scale plants in Southern Africa, providing gas supply solutions to major corporations through pipeline supply or bulk liquid gases delivered by road tankers. A variety of smaller customers are supplied with a range of products in cylinders or minitanks. These customers are assisted in the use of these products by technologies supplied by Air Products.

Kagiso Trust Investments (Pty) Limited (KTI): KTI is a black economic controlled investment holding company. Its investments are predominantly in the financial services, media and mining sectors. Its major investments are its interests in Metropolitan Holdings Limited and Kagiso Media Limited.

PGSI Limited (PGSI): PGSI, through its wholly owned subsidiary, PG Group (Pty) Limited, is a flat-glass manufacturer in Africa. Products are supplied to the building and construction, home improvement, furniture, solar energy, new vehicle manufacturing, auto glass replacement, and rail industries. It is also an exporter of building and auto glass finished products to Africa, Europe, and the USA.

Business Partners Limited (Business Partners): Business Partners is a specialist investment group, providing risk finance, mentorship, and property management services to small and medium enterprises in South Africa.

Xiocom Wireless, Inc. (Xiocom): Xiocom is a provider of integrated wireless broadband solutions to network operators in underserved markets.