283 MISC BERHAD Annual Report 2015 38. Associates and activities Name of company Country of incorporation Principal activities Ownership interest and voting interest (%) 2015 2014 BLG MILS Logistics Sdn. Bhd. ** Malaysia Automotive solutions and related integrated logistic services 60 60 Rais - Mils Logistic FZCO United Arab Emirates In-liquidation 50 50 MISC Agencies Lanka Pte. Ltd. Sri Lanka In-liquidation 40 40 Trans-ware Logistics (Pvt) Ltd. Sri Lanka Inland container depot 25 25 Nikorma Transport Limited Nigeria LNG transportation 30 30 Eagle Star Crew Management Corp. Philippines Recruitment and provision of manpower for maritime vessels 24 24 ** Although the Group holds 60% effective interest in BLG MILS Logistics Sdn. Bhd. (“BML”), BML is deemed to be an associate as the Group is unable to exercise control over the financial and operating policies of the economic activities of BML.
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