Merchant West Holdings
Merchant West Holdings Proprietary Limited (“Merchant West Holdings”) is the group holding company. Each product unit is a separate legal entity, operating as a subsidiary of Merchant West Holdings. Merchant West aspires to the King IV code of Corporate Governance. The group has a well-established Board of Directors, with a majority of non-executive directors and an independent non-executive chairperson.
MW Asset Rentals
MW Asset Rentals (RF) Limited Merchant West’s listed equipment rental securitisation programme. A programme of lease receivable backed notes have been approved for R2.5 billion. The notes have been rated at AAA(za)(sf) by GCR. SENS announcements, annual financial statements, investor reports, applicable pricing supplements and credit rating reports are available.