Wah Seong Corporation Berhad Annual Report 2020

133 ANNUAL REPORT 2020 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 9 INVESTMENT IN SUBSIDIARIES (CONTINUED) Details of subsidiaries are as follows (continued): Group’s effective interest Country of incorporation Principal activities 2020 % 2019 % * Ashburn Offshore Oil & Gas Equipment & Engineering (Tianjin) Co. Ltd. 65 65 People’s Republic of China Design and manufacturing of products to the oil and gas industry * Ashburn International Trade (Tianjin) Co. Ltd. 65 65 People’s Republic of China International trade, processing and assembling, storage of bonded goods and development of high technological products and consultancy services Jutasama Sdn. Bhd. 100 100 Malaysia Contracting of industrial engineering projects Mackenzie Industries Sdn. Bhd. 60 60 Malaysia Undertaking of steam boilers and energy system projects in both local and overseas markets Jutasama Jaya Sdn. Bhd. 100 100 Malaysia Dormant VI Energy Ltd - n 100 Federal Territory of Labuan, Malaysia Dormant PMT Energy Sdn. Bhd. - n - g Malaysia Dormant (In Member’s Voluntary Winding Up) ~ P.M.T.I. Energy (Cambodia) Co. Ltd. - n 75 Kingdom of Cambodia Dormant PMT Industries Sdn. Bhd. 100 100 Malaysia Manufacturing and supplying of spare parts, equipment and provision of maintenance services for palm oil and other agricultural industries PMT Industries (Labuan) Ltd. 100 100 Federal Territory of Labuan, Malaysia Supply of equipment for palm oil and other agricultural industries PMT-Phoenix Industries Sdn. Bhd. - c - c Malaysia Dormant (In Member’s Voluntary Winding Up) PMT-Dong Yuan Industries Sdn. Bhd. 100 100 Malaysia Fabrication, assembly and supply of machinery and equipment to palm oil industry * PT. PMT Industri 100 100 Indonesia Supply of spare parts, equipment, provision of maintenance services and engineering consultation for palm oil and other agricultural industries