MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS MISC BERHAD | Annual Report 2017 304 39. SUBSIDIARIES AND ACTIVITIES (CONT'D.) Name of company Country of incorporation Principal activities Ownership interest and voting interest (%) 2017 2016 MISC Capital (L) Ltd. Malaysia Special purpose vehicle for financing arrangement 100 100 MISC Offshore Holdings (Brazil) Sdn. Bhd. Malaysia Investment holding 100 100 MISC do Brasil Services de Energia Ltd^^ Brazil Dormant 100 - M.I.S.C. Nigeria Ltd. * Nigeria Dormant 60 60 FPSO Ventures Sdn. Bhd. Malaysia Operating and maintaining FPSO terminals 51 51 Malaysia Offshore Mobile Production (Labuan) Ltd. Malaysia Mobile offshore production unit owner 100 100 MTTI Sdn. Bhd. Malaysia Dormant 100 100 MISC PNG Shipping Limited Malaysia Investment holding 100 100 Gas Asia Terminal (L) Pte. Ltd. Malaysia Development and ownership of LNG floating storage units 100 100