Core Announcement – Order Details
Awarding Entity: Tsiko Africa Logistics (Pty) Ltd. together with Barberry Holdings (Pty) Ltd
Domestic/International Order: International
Nature of Order/Contract: Design, Manufacture, Supply and Commission of TYPE: Wabtec ES43ACi – 4,500 HP Diesel-Electric Locomotives.
Order Value: USD 135 Million exclusive of applicable taxes and duties.
Materiality Context: Not Specified
Execution Timeline: Within 20 to 24 months from signature of the Definitive Agreement.
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Not Specified
Whether Related Party Transaction: No
Promoter Group Involvement: No promoter/promoter group/group companies have any interest in the entity that awarded the order.
Financial Implication: Not Specified