What is the version of the following sentence with correct punctuation?

The South African Railways and Harbours Administration was reorganized and renamed in 1985 as the South African Transport Services SATS which in 1990 became a corporation called TRANSNET TRANSNET was made up of six divisions employing over 100000 people
The South African Railways and Harbours Administration was reorganized and renamed in 1985 as the South African Transport Services (SATS) which in 1990 became a corporation called TRANSNET. TRANSNET was made up of six divisions employing over 100,000 people: