88
FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT 2014
NOTES TO THE
FINANCIAL STATEMENTS
(cont’d)
12. INVESTMENTS IN SUBSIDIARIES (CONT’D)
Details of the subsidiaries are as follows:
Country of
Effective
Name of Subsidiaries
Incorporation
Equity Interest
Principal Activities
2014 2013
% %
Direct Subsidiaries
Frontken (Singapore)
Singapore
100 100
Provision of surface
Pte. Ltd.
1
metamorphosis technology
using thermal spray coating
processes and a series of
complementary processes
including mechanical and
chemical engineering works.
Frontken Technology
Taiwan
100 100
Provision of surface
Corporation
1
metamorphosis technology
using thermal spray coating
processes and a series of
complementary processes
including mechanical and
chemical engineering works.
PT Frontken Indonesia
1
Indonesia
95
95
Provision of surface
metamorphosis technology
using thermal spray coating
processes and a series of
complementary processes
including mechanical and
chemical engineering works.
Frontken MIC Co. Limited
Hong Kong
40.43 41.61
Investment holding and
(“FMIC”)
1,3
provision of management
services.
Frontken Malaysia
Malaysia
100 100
Provision of surface
Sdn. Bhd.
2
metamorphosis technology
using thermal spray coating
processes and a series of
complementary processes
including mechanical and
chemical engineering works.
TTES Frontken Integrated
Malaysia
45
–
Engaged in the business of
Services Sdn. Bhd.
turbo machinery technical
(formerly known as
engineering services.
TTES Team & Specialist
Sdn. Bhd.)
2,3