284 REDISCOVER | REBUILD | SUSTAIN Notes to the financial statements - 31 December 2015 39. Joint arrangements and activities (a) Joint ventures and activities Name of company Country of incorporation Principal activities Ownership interest and voting interest (%) 2015 2014 Malaysia Vietnam Offshore Terminal (L) Ltd. **** Malaysia FSO owner 51 51 Vietnam Offshore Floating Terminal (Ruby) Ltd. *** Malaysia FSO owner 40 40 Paramount Tankers Corporation Republic of the Marshall Islands Shipowning and operations 50 50 MMHE-TPGM Sdn. Bhd. *** Malaysia Provision of installation and commissioning 40 40 MMHE-ATB Sdn. Bhd. *** Malaysia Manufacturing work of pressure vessels and tube heat exchangers 27 27 Technip MHB Hull Engineering Sdn. Bhd. *** Malaysia Build and develop hull engineering and engineering project management capacities 33.3 33.3 SL-MISC International Line Co. Ltd. *** Sudan In-liquidation 49 49 SBM Systems Inc.*** Switzerland FPSO owner 49 49 FPSO Brasil Venture S.A.*** Switzerland Investment and offshore activities 49 49 SBM Operacoes Ltda. *** Brazil Operating and maintaining FPSO terminals 49 49
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