221 INTEGRATED ANNUAL REPORT 2024 Key Messages Financial Statements Other Information NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 Overview of Wasco Berhad Value Creation Commitment to Governance Sustainability Journey 8 INVESTMENT IN SUBSIDIARIES (CONTINUED) Details of subsidiaries are as follows (continued): Group’s effective interest 2024 % 2023 % Country of incorporation Principal activities Disposals WDG Resources Sdn. Bhd. -k 60 Malaysia Trading, distribution, wholesale and retail, renting, leasing and service of industry machinery, equipment and parts Syn Tai Hung Marketing Sdn. Bhd. -k 60 Malaysia Trading, distribution and service of industry machinery, equipment and spare parts; trading and distribution of building materials; marketing, distribution, service, maintenance and assembly of industrial and agricultural equipment WDG Assembly Sdn. Bhd. (formerly knowns as STH Edaran Sdn. Bhd.) -k 60 Malaysia Marketing, distribution, service, maintenance and assembly of industrial and agricultural equipment * Ashburn International Trade (Tianjin) Co. Ltd. - -i People’s Republic of China International trade, processing and assembling, storage of bonded goods and development of high technological products and consultancy services * Ashburn Offshore Oil & Gas Equipment & Engineering (Tianjin) Co. Ltd. - -i People’s Republic of China Design and manufacturing of products to the oil and gas industry
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