MISC Annual Report 2019

MISC GROUP STRUCTURE LNG ASSET SOLUTIONS PETROLEUM & PRODUCT SHIPPING OFFSHORE BUSINESS MARINE & HEAVY ENGINEERING INTEGRATED MARINE SERVICES MARITIME EDUCATION & TRAINING PORT MANAGEMENT & MARITIME SERVICES OTHERS 100% MISC Tankers Sdn. Bhd. (Investment Holding and Provision of Management Services) 100% • Puteri Delima Sdn. Bhd. (Shipping) 100% • Puteri Firus Sdn. Bhd. (Shipping) 100% • Puteri Intan Sdn. Bhd. (Shipping) 100% • Puteri Nilam Sdn. Bhd. (Shipping) 100% • Puteri Zamrud Sdn. Bhd. (Shipping) 100% • Seri Camellia (L) Private Limited (Shipping) 100% • Seri Cenderawasih (L) Private Limited (Shipping) 100% • Seri Cempaka (L) Private Limited (Shipping) 100% • Seri Camar (L) Private Limited (Shipping) 100% • Seri Cemara (L) Private Limited (Shipping) 100% Puteri Delima Satu (L) Pte. Ltd. (Shipping) 100% Puteri Firus Satu (L) Pte. Ltd. (Shipping) 100% Puteri Nilam Satu (L) Pte. Ltd. (Shipping) 100% Puteri Intan Satu (L) Pte. Ltd. (Shipping) 100% Puteri Mutiara Satu (L) Pte. Ltd. (Shipping) 100% Puteri Zamrud Satu (L) Pte. Ltd. (Shipping) 100% Portovenere and Lerici (Labuan) Private Limited (Investment Holding) 100% • Portovenere and Lerici (Singapore) Pte. Ltd. (Shipping) 100% • Polaris LNG One Pte. Ltd. (Owning and Operating LNG Ships for the Transportation of LNG) 100% • Polaris LNG Two Pte. Ltd. (Owning and Operating LNG Ships for the Transportation of LNG) 100% MISC Tanker Holdings Sdn. Bhd. (Investment Holding) 100% • MISC Tanker Holdings (Bermuda) Limited (Investment Holding) 100% • AET Tanker Holdings Sdn. Bhd. (Investment Holding) 100% • AET Bermuda Holdings Limited (Investment Holding) 100% • AET Labuan Pte. Ltd. (Investment Holding) 100% • AET Shuttle Tankers Sdn. Bhd. (Shipowning, Ship Chartering and Operating of Ships) 100% • AET Singapore Holdings Pte. Ltd. (Investment Holding) 100% • AET Shuttle Tankers II Pte. Ltd. (Owning, Chartering and Operating of Vessels) 100% • AET Pte. Ltd. (Investment Holding) 100% • AET Shipmanagement (Malaysia) Sdn. Bhd. (Shipping Management) 100% • Eaglestar Marine India Private Limited (Ship Management and Manning Activities) 24% • Eaglestar Marine (Philippines) Corporation (formerly known as Eagle Star Crew Management Corporation) (Recruitment and Provision of Manpower for Maritime Vessels) 100% • AET Tankers Pte. Ltd. (Commercial Operation and Chartering) 100% • AET Tankers India Private Limited (Shipowning) 100% • AET Singapore One Pte. Ltd. (Owning, Chartering and Operating of Vessel) 100% • AET UK Limited (Commercial Operation and Chartering) 95% • AET Sea Shuttle AS (Owning and Operating DP Shuttle Tankers) 95% • AET Sea Shuttle II AS (Owning, Chartering and Operating of Vessels) 100% • AET Inc. Limited (Shipowning and Operations) 100% • AET Labuan One Pte. Ltd. (Owning, Chartering and Operating of Vessel) 100% • AET Bermuda One Limited (Owning, Chartering and Operating of Vessel) 100% • AET STS Limited Inc. (Lightering Operations) 100% • AET Tankers (Suezmax) Pte. Ltd. (Shipowning and Operations) 100% • AET MCV Gamma L.L.C. (Chartering and Operations) 100% • AET Agencies Inc. (Property Owning) 100% • AET Offshore Services Inc. (Lightering) 100% • AET Lightering Services L.L.C. (Lightering) 50% • ELS Lightering Services S.A. (Lightering Activity) 100% • Paramount Tankers Corp. (Shipowning and Operations) 100% • Atenea Services S.A. (Shipowning) 100% • Hendham Enterprises Ltd. (Shipowning) 100% • Odley Worldwide Inc. (Shipowning) 100% • Oldson Ventures Ltd. (Shipowning) 100% • Twyford International Business Corp. (Shipowning) 100% • Zangwill Business Corp. (Shipowning) 100% • AET Holdings (L) Pte. Ltd. (Investment Holding) 100% • AET Petroleum Tanker (M) Sdn. Bhd. (Shipowning) 100% • AET MCV Delta Sdn. Bhd. (Investment Holding) 100% • AET MCV Alpha L.L.C. (Shipowning) 100% • AET MCV Beta L.L.C. ( Shipowning) 100% • AET Brasil Servicos Maritimos Ltda. ( Manning, Crewing Agent and Technical Office) 100% • AET Brasil Servicos STS Ltda. (Lightering Support Services) 100% • AET Product Tankers Sdn. Bhd. (Shipowning, Ship Chartering and Operating of Ships) 66.5% Malaysia Marine and Heavy Engineering Holdings Berhad** (Investment Holding) 66.5% • Malaysia Marine and Heavy Engineering Sdn. Bhd. (Provision of Oil and Gas Engineering and Construction Works, Marine Conversion and Repair Services) 66.5% • Techno Indah Sdn. Bhd. (Sludge Disposal Management) 46.6% • MMHE EPIC Marine & Services Sdn. Bhd. (Provision of Repair Services and Dry Docking of Marine Vessels) 66.5% • Malaysia Marine and Heavy Engineering Saudi Limited (Provision of EPCIC Services for Offshore and Onshore Facilities) 59.9% • MHS Integrated Engineering Sdn. Bhd. (Plant Turnaround and Shutdown Maintenance) 100% Eaglestar Marine Holdings (L) Pte. Ltd. (Provision of Integrated Marine Services and Investment Holding) 100% • Eaglestar Shipmanagement (L) Pte. Ltd. (Provision of Ship Management and Marine Related Services) 100% • Eaglestar Marine (S) Pte. Ltd. (Hiring of Personnel) 100% • Eaglestar Shipmanagement (S) Pte. Ltd. (Provision of Ship Management and Marine Related Services) 100% • Eaglestar Shipmanagement (USA) LLC (Provision of Ship Management and Marine Related Services) 100% • Eaglestar Marine B.V. (Provision of Marine and Procurement Services) 100% Malaysian Maritime Academy Sdn. Bhd. (Education and Training for Seamen and Maritime Personnel) 100% MISC Maritime Services Sdn. Bhd. (Provision of Maritime Services and Consultancy and Maritime Audit) 100% • Sungai Udang Port Sdn. Bhd. (Operation and Management of Sungai Udang Port) 100% MISC Capital (L) Limited (Special Purpose Vehicle for Financing Arrangement) 100% MISC International (L) Limited (Investment Holding) 100% MISC Ship Management Sdn. Bhd. (Investment Holding) 100% • Magellan X Pte. Ltd. (Providing Support Services in the Development of Digital Products and Solutions) 100% • SOL-X Pte. Ltd. (Providing Health, Safety and Security Management Solutions) 100% • Spares CNX Pte. Ltd. (Providing Inventory Management and Procurement Systems) 100% • CHORD X Pte. Ltd. (Providing Data-driven Solutions for Industrial Machinery Application) 100% MISC Offshore Holdings (Brazil) Sdn. Bhd. (Investment Holding) 100% • MISC Offshore (USA) LLC (Providing Support Services in the Bidding and Execution of Offshore Deepwater FPSO Projects) 100% • MISC Offshore (Singapore) Pte. Ltd. (Providing Support Services in the Bidding and Execution of Offshore Deepwater FPSO Projects) 49% • SBM Systems Inc. (FPSO Owner) 49% • FPSO Brasil Venture S.A. (Investment and Offshore Activities) 49% • SBM Operacoes Ltda. (Operating and Maintaining FPSO Terminals) 49% • Brazilian Deepwater Floating Terminals Limited (Construction of FPSO) 49% • Brazilian Deepwater Production Limited (Chartering of FPSO) 49% • Brazilian Deepwater Production Contractors Limited (Operation and Maintenance of FPSO) 49% • Operacoes Maritimas em Mar Profundo Brasileiro Ltda. (Operation and Maintenance of FPSO) 100% MISC Offshore Floating Terminals (L) Limited (Owning Offshore Floating Terminals) 100% MISC Offshore Floating Terminals Dua (L) Limited (Owning Offshore Floating Terminals) 100% Malaysia Offshore Mobile Production (Labuan) Ltd. (MOPU Owner) 100% Gumusut-Kakap Semi-Floating Production System (L) Limited (Owning and Leasing of Semi-Submersible FPS) 51% Malaysia Vietnam Offshore Terminal (L) Limited (FSO Owner) 51% Malaysia Deepwater Floating Terminal (Kikeh) Limited (FPSO Owner) AS AT 2 MARCH 2020 * Excluding Dormant Companies and Companies In Liquidation 51% Malaysia Deepwater Production Contractors Sdn. Bhd. (Operating and Maintaining FPSO Terminals) 51% FPSO Ventures Sdn. Bhd. (Provision of Operations and Maintenance of FPSO, FSO, MOPU and Fixed Facilities, and Management Consultancy to the Oil and Gas Industry) 40% Vietnam Offshore Floating Terminal (Ruby) Ltd. (FPSO Owner) 100% Mekar Bergading Offshore Floating (L) Limited (Owning, Operation and Maintenance of FSO Vessels) 100% MISC PNG Shipping Limited (Investment Holding) 60% • Western Pacific Shipping Limited (Providing Shipping Solutions for LNG Project Requirements and Other General Shipping Requirements of Papua New Guinea) 100% Gas Asia Terminal (L) Pte. Ltd. (Development and Ownership of LNG FSU) 51% Future Horizon (L) Pte. Ltd. (Carrying on LNG Carriage and LNG Bunkering Operations) 51% Asia LNG Transport Sdn. Bhd. (Shipowning and Ship Management) 51% Asia LNG Transport Dua Sdn. Bhd. (Shipowning, Ship Management and Investment Holding) 25.5% • Diamond LNG Shipping 6 Ltd. (Owning, Chartering and Operating of Vessel) 25.5% • Diamond LNG Shipping 5 Pte. Ltd. (Owning and Chartering LNG Vessel) 30% Nikorma Transport Limited (LNG Transportation) 100% MISC Agencies Sdn. Bhd. (Holding Company) 100% • MISC Agencies (Netherlands) B.V. (Property Owning) 100% • MISC Berhad (UK) Limited (Commercial Operations) ** Listed on the Main Market of Bursa Malaysia Securities Berhad ADDITIONAL INFORMATION MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019 384 385