A Successful Company in a Successful Society
South Ocean Holdings
About Us
South Ocean Holdings Limited (SOH) is an investment holding company listed on the Johannesburg Stock Exchange, committed to manufacturing and supplying high-standard electrical products while driving socio-economic development in South Africa.
Listed on JSE (2007)
400+ Employees
100% Local Manufacturing
R2B+ Group Turnover
Leadership

Board of Directors

The Board brings together visionary leaders and industry experts who shape our strategic direction and uphold our commitment to responsible growth.
Through rigorous oversight and collaborative counsel, they ensure we balance ambitious innovation with operational excellence.

Natasha Lalla

BCom, BCom (Hons), CA(SA)
Independent Non-Executive Director

Jen-Hao (Kevin) Yeh

BSc (Actuarial Science)
Independent Non-Executive Director

Johannes Van Rensburg

BCom (Acc), BCom (Hons), M Com Bus Management
Non-Executive Director

Matthew (Matt) Hohman

Chief Legal and Strategy Officer, CEO of Solv Africa
Non-Executive Director

Lawrence Chen

MSc (Industrial and System Engineering) (USA)
Independent Non-Executive Director and Deputy Vice Chairperson

Andre Smith

Higher National Diploma: Mechanical Engineering
Chief Executive Officer

Werner Basson

BAcc, BAcc (Hons), CA(SA)
Chief Financial Officer
Our Timeline

Company History

From modest beginnings in the Eastern Cape to a JSE-listed industrial powerhouse in Gauteng,
our journey reflects South African industrial growth.

1989

SOEW established in King William's Town by Edward Pan

1994

Hong-Tai (Taiwan) becomes strategic shareholder

2000

Property acquired in Alrode, Gauteng

2001

Relocated to Alrode to be closer to customers/suppliers

2007

Listed on JSE; Acquired Radiant Group

2009

Group turnover exceeds R1 billion

2011

Expanded production facilities; Mr. Pan retires

2018

Turnover exceeds R2 billion; BEE shareholder investment

2019

Divested Radiant Group to Eurolux

South Ocean Electric Wire Company

Group Structure

South Ocean Electric Wire Company (Pty) Ltd (SOEW) is a wholly owned subsidiary of South Ocean Holdings. SOEW is a manufacturer and distributor of low voltage electrical cables. SOEW sells to wholesalers and distributors and employs in excess of 400 people. It is based in Alrode, south of Johannesburg. SOEW products are 100% locally manufactured and the company supports local raw material suppliers.
True Potential

Our Company Values

Committed to manufacture, import and supply consistent high standard quality products to the market whilst providing excellent customer service and creating an environment that develops our employees to attain their true potential.
Maintain exceptional customer relationships.
Show concern for people, support our colleagues and encourage growth and development.
Believe that open and honest debate is the appropriate process to test decisions, seek consensus and accept responsibility.
Meet and exceed our customers short and long term requirements.
Monitor market changes and take subsequent action to the benefit of our customers.
Practice manufacturing methods which minimize any potential harmful impact on the environmental.
Involving, developing and advancing all our employees to their full potential.
Value the health and safety of our employees and create a safe environment within which they can operate.
Corporate Social Responsibility

A Successful Company In A Successful Society

South Ocean Holdings strives to be a successful company that contributes to creating and sustaining socio-economic development in South Africa. It has all of the appropriate structures, policies and procedures in place to achieve this.

South Ocean Holdings monitors adherence with the Employment Equity Act on an ongoing basis through its Employment Equity Committee, which is made up of a senior management representative, a shop steward and elected employee representatives for the different categories of staff. The Group is committed to ensuring that its workforce profile mirrors the demographics of the country.

Unfair discrimination in the workplace is actively discouraged, and where instances of such discrimination are encountered, management acts decisively as soon as the matter has been raised.

Whenever there are vacancies within the Group, preference is given to existing employees in order to maintain continuity and a smooth equity management process.

South Ocean Holdings regards B-BBEE and transformation as essential to achieving its key strategic objectives. The Group has therefore consistently made improvements to its B-BBEE score.

In the area of preferential procurement, SOH has considerably increased its spend with key categories of supplier, including black-owned businesses (businesses with a 51% or higher black ownership), companies owned by black women (with a 30% or higher black female ownership), and companies that are defined as Qualifying Small Enterprises (QSE) and Exempt Micro Enterprises (EME). These efforts are supported by a formal supplier development programme.

The Group is optimistic that it will be able to improve on this further during the current period.

South Ocean Holdings is committed to making sustainable contributions to and uplifting communities in the areas in which it operates. The Group does this primarily through a process of enterprise development, which is facilitated by accelerating the sustainability and financial independence of black-owned enterprises. This is supported by additional financial assistance for community-based development programmes, such as the New Beginnings Care Centre (NBCC).

CSI spend:

The Group’s CSI spend during the year was made up of grants to the value of R1.5 million.

Political party policy:

South Ocean Holdings endorses the principles and institutions that support a free and democratic society. However, it is the Group‘s policy not to make any donations to or in favour of any political party.

New Beginnings Care Centre (NBCC):

The primary beneficiary of SOH’s socio-economic development programme is the NBCC, which is situated in Boksburg, and offers a range of services aimed at stabilising and empowering destitute individuals.
The centre, which has an average residency rate of 300 individuals, provides homeless people of all ages with accommodation, food and structured programmes designed to assist them in integrating back into mainstream society. As part of this process, it provides a creche and educational support for children under 18, and helps adult residents to find jobs that will enable them to regain their independence and rebuild their lives.

The NBCC also offers a rehabilitation programme to individuals who are struggling with substance abuse, and distributes food on a daily basis to 120 community feeding schemes.

The Group sources all of its casual and part-time labour from the NBCC and is proud to be part of an initiative that is making a difference in so many lives.

Enterprise development is another critical focus, as it is a powerful means of creating jobs and alleviating poverty. As already mentioned, the Group focuses in particular on supporting sustainable businesses owned by black people, especially black women. It assists identified beneficiaries by donating stock, which can then be sold to their customers at a profit. SOH has continued to do this despite facing some of the most financially challenging times it has ever faced in recent years.

The Group ensures that all employees are afforded the dignity and respect they deserve as enshrined in the Bill of Rights. It diligently ensures that none of its policies and procedures infringe on the rights of employees as articulated in all applicable legislation.

South Ocean Holdings procures materials, products and services from a number of suppliers who are domiciled in various jurisdictions, each governed by a different legislative framework. The Group strongly rejects the use of child labour by any of its suppliers as this is a violation of human rights. While monitoring labour practices across a wide range of suppliers in foreign jurisdictions can be difficult, to date the Group has not encountered any instances of the use of child labour amongst its suppliers.

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