Examples of Bokoni Holdco in a sentence
Relationships Related partyNature of relationshipRPMThe Group concluded a number of shared services agreements between Bokoni Mine and RPM, a wholly owned subsidiary of Anglo American Platinum and a 49% shareholder in Bokoni Holdco.
Anglo American Platinum holds a 49% shareholding in Bokoni Holdco, which is equity accounted as an associate.
Relationships Related partyNature of relationshipRPMThe Group concluded a number of shared services agreements between Bokoni and RPM, a wholly owned subsidiary of Anglo Platinum and a 49% shareholder in Bokoni Holdco.
Boikgantsho As of 1 July 2009, the Boikgantsho joint venture agreements terminated and Boikgantsho Platinum Mine Proprietary Limited (“BPM”), a private company incorporated under the laws of South Africa, a wholly-owned subsidiary of Bokoni Holdco, acquired the interest in and assets relating to the Boikgantsho Project (“Boikgantsho Project”).
In terms of the Bokoni Holdco Shareholders Agreement, RPM will fund its portion (49%) of Bokoni Mine’s funding requirements.
Atlatsa, through its wholly owned South African subsidiary, Plateau, holds a 51% interest in Bokoni Holdco.
Impairment of assets and investmentsEquity investments in Bokoni Holdco and associated loansAnglo American Platinum held a 49% shareholding in Bokoni Holdco, which was equity accounted as an associate.
The additional loan proceeds were used to repay the existing OCSF and fund share subscriptions by Plateau into Bokoni Platinum Holdings Proprietary Limited (“Bokoni Holdco”) and by Bokoni Holdco into Bokoni Mine (the “Share Subscriptions”) for the purpose of repayment of certain existing loan facilities by Plateau, Bokoni Holdco and Bokoni Mine.
The only non-controlling interest is the 49% shareholding of RPM in Bokoni Holdco (please refer to organogram).
Kwanda As of 1 July 2009, the Kwanda joint venture agreements terminated and Kwanda Platinum Mine Proprietary Limited, a private company incorporated under the laws of South Africa, a wholly- owned subsidiary of Bokoni Holdco, acquired the interest in assets relating to the Kwanda Project (“Kwanda Project”).