287 ANNUAL REPORT 2022 ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 Name of subsidiaries Countries of incorporation Proportion (%) of ownership interest Principal activities 2022 2021 Held through Yinson Green Technologies Pte. Ltd.: (continued) Yinson Green Technologies (M) Sdn. Bhd. (i)(iii) Malaysia 100 - Investment holding and provision of management services Yinson Green Technologies AS (iii)(iv) Norway 100 - Investment holding and provision of management services Yinson Mobility Pte. Ltd. (i) Singapore 100 100 Investment in and development of electric bus designs and other vehicle related technologies Yinson Ocean Pte. Ltd. (i) Singapore 100 100 Investment in and development of ocean technologies Yinson Venture Capital Pte. Ltd. (i) Singapore 100 100 Investment in green tech funds and small technology startups Held through Yinson Production Offshore Pte. Ltd.: Yinson Acacia Ltd Republic of the Marshall Islands 100 100 Investment holding Yinson Production AS (i)(vii) Norway 100 100 Investment holding and provision of management services Yinson Production Capital Pte. Ltd. (i)(vii) Singapore 100 100 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)
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