Global Asset Management Ltd (“Global”, share code: GAM) is a listed holding company. The company listed on the JSE (Altx) in December 2012. Global holds Total Assets of close to R600 million with Total Equity amounting to approximately R200 million.
The current assets relate mainly to the asset finance business of Global, LFS Assets, which finances Linde forklift trucks under an exclusive arrangement with the manufacturer.
Building onto its current stable asset base and annuity income-generating asset finance business, Global intends to grow rapidly by focusing on its alternative energy businesses. These businesses will exploit ever-rising energy costs through proprietary proven technologies and include the following:
Plastics Green Energy (PTY) Ltd – converting waste plastic into industrial fuels
Enviroprotek (PTY) Ltd – converting waste rubber into industrial fuels
Heliosek (PTY) Ltd – concentrated solar power solutions (CSP)
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