Wah Seong Corporation Berhad Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 122 7 INVESTMENT IN SUBSIDIARIES (CONTINUED) Details of subsidiaries are as follows (continued): Group’s effective interest 2017 % 2016 % Country of incorporation Principal activities ~ Wasco Engineering Australia Pty. Ltd. 100 100 Australia Dormant * WS Engineering Equipment Pte. Ltd. 100 100 Singapore Leasing of equipment and provision of operation and maintenance, and other related services to the oil and gas industry ~ Mackenzie Hydrocarbons (Australia) Pty. Ltd. 100 100 Australia Provision of engineering consultancy and fabrication services * WS Engineering Technologies Pte. Ltd. 92 92 Singapore Engineering and fabrication of oil and gas systems and equipment. # PT. Wasco Engineering Indonesia 87 87 Indonesia Provision of engineering, design, fabrication and construction services for oil and gas industry ~ Excel Tradition Limited - q 100 British Virgin Islands Dormant (Struck off) Gas Services International (M) Sdn. Bhd. - o - Malaysia Dormant (Dissolved) Wasco Engineering & Technology Inc. 65 65 British Virgin Islands Investment holding and provision of engineering works and services * Wasco E&P Services Limited 100 100 Hong Kong, SAR Investment holding * WSN Investments Limited 100 100 Hong Kong, SAR Investment holding * LTT Oil & Gas Nigeria Limited - - g Nigeria Provision of engineering consultancy, product and related services to the oil and gas industry