Powertech Disposes Of The Lighting Structures Busi
Power Technologies Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/022346/09)
("Powertech")
Powertech disposes of the Lighting Structures business
In line with the strategy of focussing on its core businesses, Power
Technologies Limited, a JSE-listed subsidiary of the Altron group, disposed
of the U-Lite Lighting Structures business to the LeBLANC group, with effect
from 1 June 2001.
Lighting Structures will continue to operate in its present form, and as a
division of the newly established LeBLANC Communications South Africa (Pty)
Ltd, a wholly owned company of the LeBLANC group and Al Babtain Industries
(Pty) Ltd., which is a major international supplier of ligthing and
telecommunications masts and towers and associated services.
The JSE-listed Powertech, a member of the Altron group, has an annual
turnover of over R 3 billion and 6 800 employees. More information on the
Powertech group is available on the Internet at www.powertech.co.za
Johannesburg
12 June 2001.
ENDS.
For additional information contact :
Regula Niehus - Communications Manager : Powertech.
Telephone 706-7184 or,
Cell 083-442-6777.
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