6. Investment in subsidiaries (cont’d)
Name of subsidiaries
Principal activities
Country of
incorporation
Proportion
(%) of
ownership
interest
2015
%
2014
%
Held through subsidiaries (cont’d)
Leo Dynamische
Investering B.V.
2
Investment holding
Netherlands
100 100
VOSTA LMG
International B.V.
2
Investment holding
Netherlands 100 100
VOSTA LMG Component
& Services B.V.
2
Shipbuilding
Netherlands 100 100
VOSTA LMG Dredges
B.V.
2
Shipbuilding
Netherlands 100 100
VOSTA LMG B.V.
2
Building, trading and
repair of dredgers
and dredging
equipment
Netherlands 100 100
VOSTA LMG IP &
Software B.V.
2
Leasing of intellectual
property
Netherlands 100 100
CFT Netherlands B.V.
2
Market research and
public opinion
polling
Netherlands 100 100
CFT International GmbH
4
Investment holding
Germany 100 100
VOSTA LMG Design GmbH
4
Building of dredgers
and dredging
equipment
Germany 100 100
VOSTA LMG Dredging
Technologies (South East
Asia) Pte. Ltd.
4, (b)
Shipbuilding and repair
of maritime dredging
systems and
equipment
Singapore 100 100
VOSTA LMG (Asia Pacific)
Pte Ltd (previously known
as VOSTA LMG CSD 900
SP Pte. Ltd.)
1
Shipbuilding and repair
of maritime dredging
systems and
equipment
Singapore 100 100
VOSTA LMG Hong Kong Co.
Limited
3, (b)
Investment holding
Hong Kong 100 100
VOSTA LMG (Zhuhai) Ltd.
3
Manufacturing and
trading of dredging
equipment
People’s
Republic of
China
100 100
VOSTA Inc.
4
Trading of dredges
and maritime
dredging equipment
United States
of America
100 100
NOTES TO THE FINANCIAL
STATEMENTS
For the financial year ended 30 June 2015
ASL Marine Holdings Ltd. /Annual Report 2015
112
