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Handshake
agreement on 49/51% shareholding between Baughan and Quantum Leap
with Transnet as customer
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Swasap is 51% owned by
Baughan (PTY) Ltd and 49% by Quantum Leap, a South African company.
Quantum Leap is a
black-owned company chaired by Kennedy Memani, who is
also a Director of ESCOM.
Baughan
(PTY) Ltd is part a progressive global engineering group with a
commanding presence in the United States and South Africa. The
group's wide ranging and internationally recognized technological
achievements provide a pool of expert technical excellence, which is
available to Swasap.
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