Yinson Annual Report 2019

Yinson Holdings Berhad ANNUAL REPORT 2019 168 19. INVESTMENT IN SUBSIDIARIES (CONTINUED) (a) Details of subsidiaries are as follows: (continued) Proportion (%) of Name of Countries of ownership interest subsidiaries incorporation 2019 2018 Principal activities Held through Yinson Production AS: Yinson Operations Nigeria 40 – Provision of operations and & Production maintenance of floating marine West Africa assets to the offshore oil and Limited (iv)(v) gas industry Yinson Malva Mexico 90 – Provision of operations and Operations, maintenance of floating marine S.A. DE C.V. (ii)(v) assets to the offshore oil and gas industry Held through Allan AS: Knock Allan Singapore 100 100 Provision of floating marine assets Pte. Ltd. (i) for chartering and service activities incidental to oil and gas extraction Held through Adoon AS: Adoon Pte. Ltd. (i) Singapore 100 100 Provision of floating marine assets for chartering and service activities incidental to oil and gas extraction Held through Yinson Trillium Limited and Yinson Production Pte. Ltd.: Yinson Production Singapore 74 100 Provision of floating marine assets (West Africa) for chartering and service activities Pte. Ltd. (i)(iv) incidental to oil and gas extraction Held through Yinson Nereus Ltd: Yinson Dynamic Republic of the 100 100 Dormant Ltd (iii) Marshall Islands (i) Audited by member firms of PricewaterhouseCoopers International Limited, which are separate and independent legal entities from PricewaterhouseCoopers PLT. (ii) Subsidiaries newly incorporated during the current financial year. (iii) Company not required to be audited under the laws of the country of incorporation. (iv) The changes in the effective equity interest/reclassification of these companies in the Group are as disclosed in Notes 46 and 47. (v) Auditor not appointed yet. For the financial year ended 31 January 2019 Notes to the financial statements (cont’d)