a) In terms of the Share Purchase Agreement signed between the Department of Public Enterprises and Takatso Aviation (Pty) Ltd, the required funds will only be provided towards the conclusion of the transaction and after obtaining all the necessary regulatory approvals, including the report of the Competition Tribunal.
b) SAA funded the business rescue practitioners’ receivership obligations from its working capital.
Remarks: Reply: Approved / Not Approved
Jacky Molisane P J Gordhan, MP
Acting Director-General Minister
Date: Date: