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SUBSIDIARY NAME

Dynamic Supplies and Solutions (Pty) LTD

COUNTRY

REPUBLIC SOUTH AFRICA

SECTOR/ INDUSTRY

Agricultural

OWNERSHIP %

70% IIB-DG

ACQUISITION DATE

August 17, 2022

ACQUISITION VALUATION

148.365268 MILLION

TOTAL ASSET VALUATION

1.48365268 BILLION

AGRICULTURE

Dynamic Supplies and Solutions (Pty) LTD acquired on August 17, 2022.

This Project is a three phased project, the project owner has a small existing business and wants to build a tyre to diesel plant which will produce diesel, naptha, heavy fuel oil and activated carbon from old used tyres. This project is ideal in cleaning up the environment as there is not a real solution to the used tyre waste and there are large amounts of these tyres lying around polluting the landfills. With this process the company will be producing diesel at very low cost and selling it at market prices and the profit margins are 98% gross. The company also has a sub-contract to transport coal for a mining company daily and the margins here are 32% gross.

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