Hernic remains in business rescue under the control of the business rescue practitioners and the existing management and will continue to do so until the Business Rescue Plan has been substantially implemented.





ENTIRE BUSINESS OF HERNIC TRANSFERRED TO DIKWENA CHROME

As you are aware, Hernic Ferrochrome Proprietary Limited (in business rescue) ("Hernic") and Samancor Chrome Limited ("Samancor") concluded a written sale of business agreement on 20 March 2018.
You are reminded that the entire business of Hernic together with employees transferred to a Samancor's nominated purchaser entity known as Dikwena Chrome (Pty) Ltd ("Dikwena Chrome") on 1 November 2019.
You are also reminded that all correspondence and invoices related to business matters must be addressed and be sent to:
Dikwena Chrome (Pty) Ltd
PostNet Suite Nr # 222
Private Bag X5091
Brits
0250