MISC Annual Report 2018

NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS HIGHLIGHTS OF THE YEAR OUR BUSINESS OUR LEADERSHIP OUR PERFORMANCE OUR COMMITMENT TO SUSTAINABILITY OUR GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION 50 TH ANNUAL GENERAL MEETING 351 MISC BERHAD ANNUAL REPORT 2018 350 40. SUBSIDIARIES AND ACTIVITIES (CONT'D.) Name of company Country of incorporation Principal activities Ownership interest and voting interest (%) 2018 2017 Malaysia Offshore Mobile Production (Labuan) Ltd. Malaysia Owning mobile offshore production units 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 MISC Offshore Floating Terminals Dua (L) Ltd. Malaysia Owning offshore floating terminals 100 100 Malaysia Offshore Mobile Production Dua (Labuan) Ltd. (formerly known as GK O&M (L) Limited) Malaysia Dormant 100 100 MISC Maritime Services Sdn. Bhd. Malaysia Provision of maritime services and consultancy and maritime audit 100 100 Sungai Udang Port Sdn. Bhd. Malaysia Operation and management of Sungai Udang Port 100 100 40. SUBSIDIARIES AND ACTIVITIES (CONT'D.) Name of company Country of incorporation Principal activities Ownership interest and voting interest (%) 2018 2017 Gumusut-Kakap Semi-Floating Production System (L) Limited Malaysia Asset ownership and leasing of semi-submersible floating production system 100 100 Mekar Bergading Offshore Floating (L) Limited (formerly known as Thailand Offshore Floating Terminals (L) Ltd.) Malaysia Owning, operation and maintenance of FSO vessels 100 100 Eaglestar Marine Holdings (L) Pte. Ltd. Malaysia Provision of marine services and investment holding 100 100 Eaglestar Shipmanagement (L) Pte. Ltd. Malaysia Provision of ship management services 100 100 Eaglestar Marine (S) Pte. Ltd. # Singapore Hiring of personnel 100 100 Eaglestar Marine B.V. Netherlands Provision of marine and procurement services 100 100