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Transformation

Transformation continues to be a key focus area and PAT is mindful of its BEE compliance obligations as well as its equally important obligations to all stakeholders to unlock value through BEE.

Early in 2008 PAT entered into a breakthrough BEE deal with P Pather Capital Investments (Pty) Ltd (PPCI), which has acquired 30% equity in PAT, whilst Pasdec Resources SA Ltd, whose majority shareholder is Pahang Off-Shore (Sdn) Bhd of Malaysia, will retain a controlling 70% shareholding in its subsidiary.

Through its highly successful and widely acclaimed learnership programme, an employment equity drive and a commitment to the development and promotion of internal staffing resources, PAT has in recent years made great strides in transforming the business.

Furthermore, PAT’s procurement, social upliftment and staff support policies reflect total commitment to empowering previously disadvantaged individuals in our community.