MISC Integrated Annual Report 2020

40. SUBSIDIARIES AND ACTIVITIES (CONT’D.) Effective interest Country of held (%) Name of company incorporation Principal activities 2020 2019 MISC Agencies India India In liquidation 60 60 Private Limited * MISC Ferry Services Malaysia Dormant 100 100 Sdn. Bhd. MISC International (L) Ltd. Malaysia Investment holding 100 100 MISC Capital (L) Ltd. Malaysia Special purpose vehicle for 100 100 financing arrangement MTTI Sdn. Bhd. Malaysia In Member’s Voluntary Liquidation 100 100 MISC Maritime Services Sdn. Bhd. Malaysia Provision of maritime services and 100 100 consultancy and maritime audit Sungai Udang Port Malaysia Operation and management 100 100 Sdn. Bhd. of Sungai Udang Port * Audited by firms of auditors other than Ernst & Young # Audited by affiliates of Ernst & Young PLT Malaysia ^ Listed on the Main Board of Bursa Malaysia Securities Berhad 41. ASSOCIATES AND ACTIVITIES Effective interest Country of held (%) Name of company incorporation Principal activities 2020 2019 Nikorma Transport Limited Nigeria LNG transportation 30 30 Eaglestar Marine Philippines Provision of crew management 24 24 (Philippines) Corporation services MISC Agencies Lanka (Pvt) Limited Sri Lanka In liquidation 40 40 42. JOINT ARRANGEMENTS AND ACTIVITIES (a) Joint ventures and activities Effective interest Country of held (%) Name of company incorporation Principal activities 2020 2019 Western Pacific Bermuda Providing shipping solutions for LNG 60 60 Shipping Ltd. **** project requirements and other general shipping requirements of Papua New Guinea Diamond LNG The Bahamas Owning, chartering and operating – 25.5 Shipping 6 Ltd. *** of vessel Future Horizon (L) Pte. Ltd. **** Malaysia Carrying on LNG carriage and 51 51 LNG bunkering operations Diamond LNG Shipping 5 Singapore Owning and chartering LNG vessel 25.5 – Pte. Ltd. **** Diamond LNG Shipping 6 Singapore Owning and chartering LNG vessel 25.5 – Pte. Ltd. **** ELS Lightering Uruguay Lightering services 50 50 Services S.A. **** Akudel S.A. **** Uruguay Lightering activity 49 49 Cawerty S.A. **** Uruguay Lightering activity 49 49 Zascul S.A. **** Uruguay Lightering activity 49 49 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 10 458 10 459 /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// Section Section MISC Berhad / Integrated Annual Report 2020 MISC Berhad / Integrated Annual Report 2020