Yinson Annual Report 2020

262 Notes to the financial statements (cont’d) For the financial year ended 31 January 2020 Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY 19. Investment in subsidiaries (CONTINUED) (a) Details of subsidiaries are as follows: (continued) Name of subsidiaries Countries of incorporation Proportion (%) of ownership interest Principal activities 2020 2019 Held through Yinson Global Corporation (HK) Limited: (continued) Yinson Production Offshore Pte. Ltd. (i)(iv) Singapore 100 100 Investment holding and provision of management services Yinson Renewables (HK) Limited (i)(ii) Hong Kong 100 - Investment holding Held through Yinson Production Offshore Pte. Ltd.: Yinson Acacia Ltd Republic of the Marshall Islands 100 100 Investment holding Yinson International Pte. Ltd. (i)(iv) Singapore 100 100 Provision of treasury management services to companies within the Group Yinson Production AS (i) Norway 100 100 Investment holding and provision of management services Held through Yinson Acacia Ltd: Yinson Boronia Consortium Pte. Ltd. (i) Singapore 100 100 Investment holding Yinson Clover Ltd (iii) Republic of the Marshall Islands 100 100 Investment holding Yinson Ghacacia Ltd (iii) Republic of the Marshall Islands 100 100 Investment holding Yinson Heather Ltd (iii) Republic of the Marshall Islands 100 100 Investment holding