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Salungano Group Ltd
First Floor Building 10 Wodmead Business
Park 142 Western Service Road
Phone: +27 110498611p:+27 110498611 JOHANNESBURG, 2191  South Africa Ticker: SLGSLG

On 8/25/2023, Wescoal Mining Proprietary Limited, a wholly owned subsidiary of Salungano Group Ltd, was placed into Voluntary Business Rescue.

Business Summary
Salungano Group Limited is an investment and management company. The Company and its subsidiaries are engaged in the mining, processing, and trading of coal. The Company operates through four segments: Mining, Trading, Property Rental and Investment Holding. The Mining segment is involved in the exploration, beneficiation, and mining of bituminous coal. The Trading segment buys and sells coal to inland customers. The Property Rental segment rents property to other segments within the Company. The investment holding segment is the holding company and also acts as a central treasury function. Its trading division offers a range of coal products offers a complete range of coal products on a countrywide basis, including sourcing suitable coal products for clients. The Company's mines include Elandspruit, Khanyisa Complex Colliery, Vanggatfontein Colliery (VGF), Moabsvelden, and Arnot Mine. Its customers include companies, ranging from power generation entities to manufacturers.
(Source: ARS)

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/20223/31/2022Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Non-Executive Chairman of the Board HumphreyMathe 68 7/1/2019 7/10/2013
Group Chief Executive Officer Muthanyi R.Ramaite 51 4/1/2022 11/20/2007
Chief Financial Officer, Executive Director KabelaMaroga 40 10/1/2022 7/1/2013
9 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Keaton Energy Holdings Limited Ground floor, Eland House The Braes Johannesburg South Africa
Xceed Resources Ltd Level 9, 105 St Georges Terrace PERTH WAS Australia

Business Names
Business Name
Blanford 006 Proprietary Limited
Chandler Coal
Chandler Coal Proprietary Limited
19 additional Business Names available in full report.

General Information
Number of Employees: 263 (As of 3/31/2022)
Outstanding Shares: 410,234,000 (As of 9/30/2022)
Shareholders: 8,124
Stock Exchange: JNB
Fax Number: +27 115705848


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Thursday, March 28, 2024