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PSV Holdings Limited
Postnet Suite 229
Private Bag X19, Gardenview
Phone: +27 114524004p:+27 114524004 JOHANNESBURG, 2047  South Africa Ticker: PSVPSV
Filed for Reorganization Proceedings on 3/16/2020
On 3/16/2020, The Board of PSV Holdings Limited placed the Company into Business Rescue.
On 3/19/2020, the Board appointed appointed Peter Gordon of Crest Gordon Consulting Proprietary Limited and Ian Fleming of Engaged Business Turnaround as Joint Business Rescue Practitioners of the Company.
On 8/19/2020, PSV Holdings Limited was placed into final liquidation.
Business Summary
PSV Holdings Limited is a South Africa-based industrial engineering holding company. It operates through two segments: Industrial Supplies and Specialised Services. The Industrial Supplies segment includes steel, piping, industrial tools, and consumable supplies. The Specialised Services segment includes cryogenic and gas systems and the supply and installation of geosynthetic linings. The Company's subsidiaries include PSV Industrial (Pty) Limited, PSV Asset Company (Pty) Ltd, African Cryogenics (Pty) Ltd, and PSV Treasury (Pty) Ltd. PSV Industrial (Pty) Limited includes Shared Services, African Cryogenics, Omnirapid Mining and Industrial Engineered Linings. Omnirapid provides a specialized procurement service to the industrial and mining sectors focusing on the supply of steel, stainless steel, piping and industrial consumables. African Cryogenics manufactures and supplies gas and cryogenic equipment. Engineered Linings supplies and installs a range of geosynthetic lining materials.

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

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
8/31/20192/28/2019Yes----

Industries
SIC Code Description
5085 Industrial supplies
5084 Industrial machinery and equipment
3443 Fabricated plate work (boiler shops)

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board AldworthMbalati 9/5/2019 8/16/2019
Executive Director Abilio J.da Silva 8/16/2019
Lead Non-Executive Independent Director Basil K.Mashabane 9/5/2019 9/5/2019
Non-Executive Director Olivier N.Bernard 9/5/2019 9/5/2019
Non-Executive Independent Director Manqoba M.Ngubo 11/18/2019 11/18/2019

Business Names
Business Name
PSV
PSV Holdings Limited
Rand Air and Gas Installation (Pty) Limited

General Information
Number of Employees: 329 (As of 2/28/2014)
Outstanding Shares: 406,913,577 (As of 8/31/2019)
Shareholders: 747
Stock Exchange: JNB
Fax Number: +27 114524007


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Saturday, November 16, 2024