Bosch Holdings Enginuity October 2019 Enginuity October Final 28.10.19 SPREADS EMAIL (1) | Page 4

04 05 Bosch Capital celebrates 5 Years in business A valuation and sale of the Bahrain Sugar Refinery January 2014 saw the establishment of Bosch Capital as an operating company within the Bosch Holdings group in Durban to provide corporate and project finance advisory, capital raising and investment solutions across the public and private sectors. The company has since grown and boasts teams in Durban and Johannesburg, having turned five at the end of 2018. The refinery is a state of the art facility, based on proven technology, with port access. Construction started in 2010 and commissioning of the 1 800 tonnes sugar per day plant was achieved towards the end of 2013. Sugar production increased in each of the next three years, as commissioning problems were solved and improvements made, until its closure in 2016, owing to exceptional financial pressures. Booker Tate Ltd in conjunction with Hickman Shearer, a UK firm of industrial valuers, were appointed by the main creditors of the Arabian Sugar Company, to undertake the valuation and sale of the Bahrain sugar refinery in Hidd in the Kingdom of Bahrain. From L-R Rajiv Paladh, Prudence Chauke, Sifiso Ngidi, and Chris Baloyi (MD) The Bosch Capital team has advised on transactions in the industrial, energy, water services, sugar, agri-processing and property sectors. Some of the notable projects undertaken by the team include: • Three large scale property development projects in KZN each with a transaction value in excess of R1 billion. • Three large scale manufacturing projects with a combined transaction value of R760 million, including an acquisition for R500 million. • Development of several funding strategies for local govern- ment and government agencies. • Appointment as transaction advisor in a U$500 million greenfields sugar project in the Democratic Republic of Congo. Coinciding with their 5th anniversary, Bosch Capital was recently presented with the 2019 Advisory Firm of the Year Award in the category for Commerce, Law and Management at the annual South African Professional Services Awards. Chris Baloyi - [email protected] uMshwathi graduates celebrate bright futures Bosch Ulwazi was commissioned by the Local Government Sector Education and Training Authority (LG-SETA) in 2017, to facilitate a programme for learners in KwaZulu-Natal, focusing on the supervision of construction processes. The Bosch Ulwazi team, with official SETA accreditation, provided training on various qualifications, was responsible for the co-ordination and facilitation of this programme, which was attended by 210 learners from within the uMshwathi Municipality in New Hanover. These learners have recently completed the 12-month curriculum at a graduation ceremony held in uMshwathi in May 2019, and were presented their Construction Education and Training Authority SETA approved qualifications – National Certificate: Supervision of Construction Processes. The Bosch Ulwazi team was responsible for liaison with municipal officials on various issues relating to candidates and for organising worksites, tools, consumables and safety requirements for work place experience. Bosch Ulwazi is proud of the role they play in educating young South Africans, who are committed to improving their lives by paving a bright career through skill’s training and who are also determined to make a difference to the future of our country. These highly-motivated graduates are now well positioned to seek employment in the construction sector. It established a reputation for reliable sugar production and high-quality products meeting the EC2 standard. Markets were developed mainly in Bahrain and Saudi Arabia. Bahrain sugar refinery plant Sugar silos The refinery is a complete and ready to operate business which presents a great opportunity to invest into a high growth region and also provides a quick and economical entry into the global sugar industry. Since closure, maintenance of the plant has been undertaken by an on-site engineering team to ensure that equipment is available to restart for the new owner. Jonathan Innes - [email protected] Sugar refinery process equipment Improved sanitation services for the Malukazi Community Bosch Projects has recently completed a R32-million bulk sewer infrastructure project, south of Durban, for the eThekwini Water and Sanitation Division. The Scheme included the construction of bulk sewer gravity mains, a sewer pumpstation, sewer rising main and 20 communal ablution facilities, with associated water and sewer reticulation, connecting into the adjacent Lower Malukazi Phase 1 catchment. Apart from the civil design, electrical and mechanical components, Bosch Projects was also responsible for the important co-ordination and management of sub-specialists, including mechanical, ventilation, fire, geotechnical, electrical, roads and earthing contractors. This project, which commenced in August 2016, created employment within the community and now provides a basic level of service of sanitation and water to the previously unserviced community. Balan Govender - govenderb@ boschulwazi.co.za Despite numerous challenges affecting the continuity of work, including business forums, community unrest and political pressure in the area, the project was completed within budget and to the highest quality standards. Learners celebrating their graduation in New Hanover, uMshwathi Jason Holder - [email protected] Arial view of the Malukazi Pumpstation and surrounds