TWP
TWP
TWP - TWP Holdings Limited - TWP obtains level 6 BEE Status
TWP Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number 2003/025640/06
Share code: TWP ISIN: ZAE000110763
TWP OBTAINS LEVEL 6 BEE STATUS
TWP Holdings is pleased to announce that its major subsidiary, TWP Projects
(Pty) Ltd, has been declared a Value Adding Enterprise with a BB Level 6
Contributor Status by Empowerdex Economic Empowerment Rating Agency. Group HR
executive Cynthia Schoeman stated that this result is one of the best in the
industry and will permit TWP`s clients to claim up to 75% of their spend with
TWP against their own targets. This is made up of a 60% benefit as a Level 6
Contributor, to which is added a 1.25% factor for qualifying as a Value Adding
Enterprise, to bring it up to 75%. CEO Nigel Townshend noted that this will
further enhance TWP`s status in the industry, and its commitment to further
improvements in the future.
Johannesburg
13 July 2009
Sponsor
Nedbank Capital
Date: 13/07/2009 17:50:19 Produced by the JSE SENS Department.
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