6. Investment in subsidiaries (cont’d)
Name of subsidiaries
Principal activities
Country of
incorporation
Proportion
(%) of
ownership
interest
2015
%
2014
%
Held by the Company (cont’d)
Intan OSV Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
ASL Triaksa Offshore
Pte. Ltd.
1, (b)
Chartering of vessels
Singapore 60 60
Harmony PSV Pte. Ltd.
1, (b)
Chartering of vessels
Singapore 100 100
ASL Leo Pte. Ltd.
1
Chartering of vessels
Singapore 100 100
Synergy Ocean
Pte.Ltd.
4, (b)
Chartering of vessels
Singapore 100 100
Hongda Investment
Pte. Ltd.
1
Investment holding
Singapore 60 60
Intan Overseas Investments
Pte. Ltd.
1
Investment holding
Singapore 100 100
Singa Tenaga Investments
Pte. Ltd.
1
Investment holding
Singapore 100 100
Held through subsidiaries
PT. ASL Shipyard Indonesia
2
Shipbuilding, shiprepair
and conversion and
general engineering
Indonesia
90 90
PT. Cipta Nusantara Abadi
2
Investment holding
and provision of
agency, handling and
consultancy services
Indonesia 75 75
PT. Bina Kontinental Lestari
2
Investment holding
and provision of
agency, handling and
consultancy services
Indonesia 100 100
PT. Awak Samudera
Transportasi
2
Chartering of vessels
Indonesia 100 100
PT. Cemara Intan Shipyard
2
Shipbuilding, shiprepair
and general engineering
Indonesia 100 100
PT. Sukses Shipyard
Indonesia.
4
Shipbuilding and
fabrication services
Indonesia 100 100
Jiang Men Hongda
Shipyard Ltd.
3
Shipbuilding and
general engineering
People’s
Republic of
China
60 60
NOTES TO THE FINANCIAL
STATEMENTS
For the financial year ended 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
111
