Wah Seong Corporation Berhad Annual Report 2018

Group’s effective interest 2018 % 2017 % Country of incorporation Principal activities ~ Turn Key Pipeline Services B.V. 100 100 The Netherlands Provision of engineering design, construction, installation services and supply of equipment for pipe coating plant and facilities for the oil and gas industry Wasco Coatings Services Sdn. Bhd. 100 100 Malaysia Provision of pipe coating and related services to the oil and gas industry ~ Wasco Coatings Europe B.V. 100 100 The Netherlands Provision of pipe coating and related services to the oil and gas industry ~ Wasco-PAP Services Ghana Limited 70 70 The Republic of Ghana Provision of services for the oil and gas sectors Wasco CPM Sdn. Bhd. 51 k - Malaysia Engineering, procurement and construction of onshore and near shore of hydrocarbon, water and slurry pipelines and associated facilities # Wasco Coatings Germany GmbH 100 100 Germany Provision of pipe coating and related services to the oil & gas industry # Wasco Coatings Germany (Plant and Equipment) GmbH 100 100 g Germany Provision of pipe coating and related services to the oil & gas industry and the leasing of land, building and coating equipment # Wasco Coatings Finland Oy 100 100 Finland Provision of pipe coating and related services to the oil & gas industry # Wasco Coatings Finland (Plant and Equipment) Oy 100 100 f Finland Provision of pipe coating and related services to the oil & gas industry and the leasing of land, building and coating equipment # Wasco Coatings Norway AS 100 100 Norway Provision of pipe coating and related services to the oil and gas industry PPSC Industrial Holdings Sdn. Bhd. 100 100 Malaysia Investment holding Wasco Resources Sdn. Bhd. 100 100 Malaysia Property investment holding Wasco Coatings Malaysia Sdn. Bhd. 70 70 Malaysia Coating of pipes for the oil and gas industry Wasco Coatings Insulation Sdn. Bhd. 70 70 Malaysia Coating of pipes for the oil and gas industry # Wasco Coatings HK Limited 100 100 Hong Kong, SAR Investment holding, construction of coating plants, marketing and provision of pipe coating and related services to the oil and gas industry ~ Wasco Energy De Mexico S.A.DE C.V. 100 100 Mexico Provision of pipe coating services to the oil and gas industry NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 7 INVESTMENT IN SUBSIDIARIES (CONTINUED) Details of subsidiaries are as follows (continued): ANNUAL REPORT 2018 119