News

Mar 14 2014

North South Carrier

By admin News 2014

The North-South Carrier, an EPC contract which was awarded to CCC/WBHO Joint Venture is situated near Palapye in Botswana. The 24 month project for the Government of Botswana commenced on 20 November 2012 at a value of P1,4 billion.

The contract to construct a 1200mm diameter lined and coated steel pipe, 86km long is part of a national project that will finally take water from Lestibogo Dam near Selebi Pikwe in the north to Gaborone in the south. The construction of the NSC2 pipeline also includes two 30million litre reservoirs, a pump station, associated smaller reservoirs and chambers, a gravel maintenance road with concrete drifts and the construction of a 366km long fibre optic cable (FOC).

Major Quantities Include

86km of welded steel pipeline (approx. 5000 welds)

173 Scour, Air Valve and Pigging Chambers

37000mᴲ of concrete

2500 tonnes of reinforcing

66 000m² of welded mesh

366km of FOC cable

The construction of the pipeline started on 27 August 2013. The 86km steel pipeline with the associated structures must be constructed in 11 months which is extremely challenging.

Contract duration:
24 months

Contract value:
P 1.4 Billion

Client:
Government of Botswana Ministry of Minerals, Energy and Water Resources

Contractor:
CCC/WBHO Joint Venture

Location:

Botswana

Mar 14 2014

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Aggreko

By admin News 2014

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Located at Ressano Garcia, just across the border from South Africa, the construction of the Aggreko power plant’s infrastructure proved to be a challenging project.

Construction started on phase 1 in 2012 and continued onto phase 2 early in 2013. As during phase 1 the biggest challenge was the extremely tight schedule.

The power plant’s infrastructure required :
1) Power station terrace

2)	Earth mat	– 2500m copper wire and 1100m insulated copper wire.
		– 600m drilling for earth mat spikes.

3) High pressure gas pipe line
4) Construction of structural concrete plinths.
5) Construction of fire walls and transformer bases as well as pantograph bases.
6) Supply and install 400m of box culverts in 2 weeks.

We were able to complete the project to the client’s satisfaction and within the original allocated time frame

Contract value:
US$ 7 Million 2013

Client:
Aggreko

Location:
Mozambique

Mar 14 2014

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Karowe Mine

By admin News 2014

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PROGRESS
We are progressing well with the contract and will complete it in the next few months. It has been an incredible journey from an international expat team that includes no less than 9 different nationalities. The $36 million project funded by Millennium Challenge Account (MCA) includes 2 bridges, a concrete spillway, pump house, earth dam and a new surfaced road. We are in talks with MCA for further work in the Nacala area, a true testament to the quality of work our WBHO team has produced.

This Northern Mozambican project has had more than its fair share of challenges but the team has taken them in their stride, growing in confidence after every success.

EMPLOYER
MCA-Mozambique (Millennium Challenge Account)

ENGINEERS
Jaffares & Green

VALUE AT COMPLETION
+- $30million

LOCATION
Mozambique

PROJECT TYPE
Power

DESCRIPTION
2 bridges, a concrete spillway, pump house, earthen dam and a new surfaced road

Mar 14 2014

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Builders Warehouse Tete

By admin News 2014

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The coal mining Industry in Mozambique has been vibrant over the past few years and has created a substantial influx of new business opportunities. One of these opportunities was to build the Builders Warehouse in Tete. The warehouse is situated alongside the main road running through Tete to the Malawian border and the prominent white façade which is typical of a Builders Warehouse store is highly visible.

After experiencing some logistical difficulties, the WBHO team completed the store on time and handed over on 23rd of August 2013. The opening was at the end of September. The warehouse consists of 2520m² of trading space which will provide the Tete community with convenient access to some much needed building supplies.

Contract duration:
Jan – Aug 2013

Contract value:
$2.2 Million

Engineer:
L&S Consulting

Client:
Massbuild

Location:
Tete, Mozambique

Feb 13 2014

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Trading Statement

By admin News 2014

WBO 201402130011A
Trading Statement

Wilson Bayly Holmes-Ovcon Limited
(Incorporated in the Republic of South Africa)
(Registration number 1982/011014/06)
Share code: WBO ISN: ZAE000009932

TRADING STATEMENT

The directors of Wilson Bayly Holmes-Ovcon Limited hereby advise shareholders that in
respect of the unaudited consolidated results for the six months ended 31 December 2013,
earnings per share and headline earnings per share will decrease by between 17.5% and
22.5% in relation to the comparative period.

The decrease in earnings is primarily due to losses from Capital Star Steel, the pipe factory in
Mozambique, as well as a loss from the disposal of Symo, a shelving business within Capital
Africa Steel. These losses have been fully consolidated into the group from 1 July 2013 .
Additionally, the impact of subdued mining activity in West Africa has negatively affected
both revenue and profit generated from the Roads and earthworks business.

The above information has not been reviewed or reported on by the group’s auditors. The
announcement of the group’s interim results for the six months to 31 December 2013 is
expected to be released on SENS on Monday, 24 February 2014.

By order of the
Board 13 February
2014
Sponsor: Investec Bank Limited

Jan 23 2014

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Change to The Board – Resignation and Appointment of Directors

By admin News 2014 No Comments

Wilson Bayly Holmes – Ovcon Ltd (Incorporated in the Republic of South Africa)
(Registration number 1982/011014/06)
Share code: WBO ISIN: ZAE000009932

Change to the board – Resignation and appointment of directors

In compliance with the Listings Requirements of the JSE Limited, shareholders are advised of the resignation of Mr Jacobus Petrus (Kobie) Botha as an executive director with effect from 23 January 2014, and the appointment of Mr Ross William Gardiner as an independent non-executive director to the board. Mr Gardiner is an engineer having completed a BSc(Hons) (Mining and Petroleum) degree with approximately 30 years experience in the mining industry.

The board would like to thank Kobie for the valued contribution that he has made over the past 5 years. He will continue working for the group in a reduced capacity as he approaches retirement. We welcome Ross to the board.

Johannesburg 23 January 2014
Sponsor: Investec Bank Limited

Jan 20 2014

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