Yinson Annual Report 2019
Yinson Holdings Berhad ANNUAL REPORT 2019 164 19. INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: Proportion (%) of Name of Countries of ownership interest subsidiaries incorporation 2019 2018 Principal activities Regulus Offshore Malaysia 70 70 Provision of leasing, operations Sdn. Bhd. and maintenance of vessels Yinson Energy Malaysia 30 – Provision of oil and gas Sdn. Bhd. (iv) engineering and marine support services and consultancy services Yinson Marine Malaysia 100 100 Provision of work permit and Services Sdn. Bhd. consultancy services Yinson Mawar Malaysia 100 100 Investment in properties Sdn. Bhd. Yinson TMC Malaysia 100 100 Provision of treasury management Sdn. Bhd. services to companies within the Group OY Labuan Limited Labuan 100 100 Dormant Yinson Indah Labuan 100 100 Chartering of offshore support Limited vessels Yinson Offshore Limited Labuan 100 100 Dormant Yinson Tulip Labuan 100 100 Chartering of offshore support Ltd. vessels Yinson Macacia Limited Labuan 100 100 Investment holding Yinson Offshore Labuan 100 – Investment holding Services Limited (ii)(v) Yinson Production Labuan 100 100 Investment holding Limited Yinson Trillium Limited Labuan 100 100 Investment holding Yinson Engineering Singapore 100 100 Business and management Solutions Pte. Ltd. (i) consultancy services Yinson Orchid Pte. Ltd. (i) Singapore 100 100 Dormant Yinson Nereus Ltd (iii) Republic of the 100 100 Investment holding Marshall Islands Yinson Juniper British Virgin 100 100 Provision of treasury management Ltd. Islands services to companies within the Group For the financial year ended 31 January 2019 Notes to the financial statements (cont’d)
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