Yinson Annual Report 2021

253 ANNUAL REPORT 2021 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 Name of subsidiaries Countries of incorporation Proportion (%) of ownership interest Principal activities 2021 2020 Held through Yinson Acacia Ltd: Yinson Bergenia Consortium Pte. Ltd. (i)(iii) Singapore 100 - Investment holding Yinson Boronia Consortium Pte. Ltd. (i) Singapore 75 100 Investment holding Yinson Clover Ltd (iv) Republic of the Marshall Islands 100 100 Investment holding Yinson Ghacacia Ltd (iv) Republic of the Marshall Islands 100 100 Investment holding Yinson Heather Ltd (iv) Republic of the Marshall Islands 100 100 Investment holding Yinson Nepeta Holdings Ltd (x) (Liquidated) Republic of the Marshall Islands - 100 - Yinson Nepeta Production Ltd Republic of the Marshall Islands 100 100 Provision of floating production storage and offloading vessel for chartering and service activities incidental to oil and gas extraction Held through Yinson Bergenia Consortium Pte. Ltd.: Yinson Bergenia Holdings Pte. Ltd. (i)(iii) Singapore 100 - Investment holding Held through Yinson Bergenia Holdings Pte. Ltd.: Yinson Bergenia Production B.V. (iii)(vi) Netherlands 100 - Provision of floating marine assets for chartering and service activities incidental to oil and gas extraction 19. Investment in subsidiaries (continued) (a) Details of subsidiaries are as follows: (continued)