6. Investment in subsidiaries
Company
2015 2014
$’000 $’000
Unquoted equity shares, at cost
70,663 70,513
a. Composition of the Group
The Group has the following investment in subsidiaries:
Name of subsidiaries
Principal activities
Country of
incorporation
Proportion
(%) of
ownership
interest
2015
%
2014
%
Held by the Company
ASL Shipyard Pte Ltd
1
Shipbuilding, shiprepair
and conversion and
general engineering
Singapore 100 100
PT. ASL Shipyard
Indonesia
2, (a)
Shipbuilding, shiprepair
and conversion and
general engineering
Indonesia 10 10
ASL Offshore & Marine
Pte. Ltd.
1
Chartering of vessels
and ship management
Singapore 100 100
Capitol Marine Pte Ltd
1
Chartering of vessels
Singapore 100 100
Capitol Offshore Pte Ltd
1
Chartering of vessels
Singapore 100 100
Capitol Tug & Barge Pte Ltd
1
Chartering of vessels
Singapore 100 100
Capitol Shipping Pte Ltd
1
Chartering of vessels
Singapore 100 100
Lightmode Pte Ltd
1
Chartering of vessels
Singapore 100 100
Capitol Logistics Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Capitol Navigation Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Capitol Aquaria Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Capitol Oceans Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
ASL Maritime Services
Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Intan Maritime Investments
Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Intan Synergy Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Intan Offshore Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Intan Oceans Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Intan Scorpio Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
NOTES TO THE FINANCIAL
STATEMENTS
For the financial year ended 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
110
