Wah Seong Corporation Berhad Annual Report 2021 142 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021 9 INVESTMENT IN SUBSIDIARIES (CONTINUED) Details of subsidiaries are as follows (continued): Group’s effective interest 2021 % 2020 % Country of incorporation Principal activities ~ Wasco Engineering Australia Pty. Ltd. 100 100 Australia Dormant * WS Engineering Equipment Pte. Ltd. 100 100 Singapore Leasing of equipment and provision of operation and maintenance, and other related services to the oil and gas industry ~ Mackenzie Hydrocarbons (Australia) Pty. Ltd. 100 100 Australia Provision of engineering consultancy and fabrication services * WS Engineering Technologies Pte. Ltd. 92 92 Singapore Engineering and fabrication of oil and gas systems and equipment # PT. Wasco Engineering Indonesia 92u 87 Indonesia Provision of engineering, design, fabrication and construction services for oil and gas industry * Wasco E&P Services Limited 100 100 Hong Kong, SAR Investment holding * WSN Investments Limited -p 100 Hong Kong, SAR Dormant (Dissolved) * Wasco China International Limited 100 100 Hong Kong, SAR Investment holding * Ashburn Offshore Oil & Gas Equipment & Engineering (Tianjin) Co. Ltd. 65 65 People’s Republic of China Design and manufacturing of products to the oil and gas industry * Ashburn International Trade (Tianjin) Co. Ltd. 65 65 People’s Republic of China International trade, processing and assembling, storage of bonded goods and development of high technological products and consultancy services Jutasama Sdn. Bhd. 100 100 Malaysia Contracting of industrial engineering projects Mackenzie Industries Sdn. Bhd. 60 60 Malaysia Undertaking of steam boilers and energy system projects in both local and overseas markets Jutasama Jaya Sdn. Bhd. 100 100 Malaysia Dormant VI Energy Ltd - -n Federal Territory of Labuan, Malaysia Dormant PMT Energy Sdn. Bhd. - -n Malaysia Dormant (In Member’s Voluntary Winding Up) ~ P.M.T.I. Energy (Cambodia) Co. Ltd. - -n Kingdom of Cambodia Dormant
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