Wah Seong Corporation Berhad Annual Report 2019

131 ANNUAL REPORT 2019 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 10 INVESTMENT IN SUBSIDIARIES (CONTINUED) Details of subsidiaries are as follows (continued): Group’s effective interest 2019 % 2018 % Country of incorporation Principal activities Wasco Oilfield Services Sdn. Bhd. 49 π 49 π Malaysia Investment holding Wasco Corrosion Services Sdn. Bhd. 63 63 Malaysia Supply and installation of sacrificial anodes, provision of cathodic protection services and equipment, corrosion protection services, passive fire protection services, special paint coating services and provision of technical training services Wasco Lindung Sdn. Bhd. 48 π 48 π Malaysia Manufacture, supply and installation of sacrificial anodes, provision of cathodic protection services and equipment, corrosion protection services, passive fire protection services, special paint coating services and provision of technical training services * PT. MPE Deepwater - a - a Indonesia Dormant (In Member’s Voluntary Liquidation) Asiana Emas Sdn. Bhd. 100 100 Malaysia Investment holding Petro-Pipe (Sabah) Sdn. Bhd. 70 m 60 Malaysia Manufacturing and sales of spiral welded pipes for the oil and gas industry Wasco Engineering Group Limited 100 100 British Virgin Islands Investment holding # Wasco Engineering International Ltd. 100 100 British Virgin Islands Leasing of compressors and power generators, designing, engineering and fabrication and sale of gas processing and compression systems and gas based power generators; and servicing and selling parts of oil and gas processing and compression systems * WEGL Services India Private Limited 100 q - India Support services in respect of the Engineering, Procurement and Construction contracts * PT Wasco Engineering International 100 100 Indonesia Consulting services, rental, repair and maintenance of natural gas industry equipment * WS Engineering & Fabrication Pte. Ltd. 100 100 Singapore Design, engineering and fabrication of oil and gas processing and compression systems and equipment