SPG corporate structure Strategic Partners Group is the parent of SPG Concessions, SPG Investments & Operations, SPG Construction, and holds 57% of Optinet Systems via Isithimela ICT Company. Investments & Operations contains SPGIO Security JV, Isithimela Advertising Company, and Isithimela Facilities Services. Parent holding company — founded 2002 as a broad-based BEE investment vehicle. Strategic Partners Group (Pty) Ltd PARENT HOLDING · FOUNDED 2002 Holds SPG's shareholdings in Gautrain entities — Bombela Concessions (37.87%), Operating, Turnkey, and related JVs. SPG Concessions Gautrain shareholdings 100% owned Operating-company platform — Security JV, Advertising JV with JCDecaux, and Facilities Services. SPG Investments & Operations Operating platform 100% owned · SPGIO Construction arm — Gautrain depot, station, and civil works. Includes Isithimela Rail Services. SPG Construction Civil & rail works 100% owned Rail telecoms turnkey — fibre, CCTV, SCADA. SPG holds 57% via Isithimela ICT Company (Aug 2020). Optinet Systems Rail telecoms 57% · via Isithimela ICT Security services joint venture operating across Gautrain stations and the depot. SPGIO Security JV Joint venture Advertising joint venture with JCDecaux — out-of-home media across Gautrain stations. Isithimela Advertising JCDecaux JV OOH media Facilities management — 195 staff delivering cleaning and soft services to the Gautrain operator. Isithimela Facilities Services 195 staff Parent Wholly-owned subsidiary Operating company / JV

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  1. Strategic Partners Group (Pty) Ltd — the parent holding company, founded 2002.
    1. SPG Concessions — wholly owned; holds SPG's shareholdings in the Gautrain entities (Bombela Concessions Company 37.87%, Operating Company 25.1%, Turnkey 25%, Electrical & Mechanical 10%, Civils JV 10%, Maintenance 10%, Mega Express 22.5%).
    2. SPG Investments & Operations (SPGIO) — wholly owned; operating-company platform with three businesses:
      1. SPGIO Security JV — security services joint venture.
      2. Isithimela Advertising Company — JCDecaux joint venture for Gautrain out-of-home media.
      3. Isithimela Facilities Services — cleaning and soft-service facilities management.
    3. SPG Construction — wholly owned; civil and rail construction, includes Isithimela Rail Services.
    4. Optinet Systems — 57% stake held via Isithimela ICT Company (Pty) Ltd; rail telecoms turnkey (fibre, CCTV, SCADA, passenger info, telephony) acquired August 2020.

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