for the year ended 31 December 2016
NOTES TO THE
FINANCIAL STATEMENTS
Baker Technology Limited
-
115
-
12.
Investment insubsidiaries (cont’d)
The subsidiaries for the financial year ended 31December are:-
Subsidiaries
(Country of incorporation)
Principal activities
(Place of business)
Percentage of
equity
heldby theGroup
2016
2015
% %
(1)
SeaDeepShipyardPte. Ltd.
(Singapore)
Manufacturer and provider of
specialisedmarine offshore equipment
and services for the oil and gas industry
(Singapore)
100
100
(1)
Baker EngineeringPte. Ltd.
(Singapore)
Design and fabrication of offshore and
marine equipment (Singapore)
100
100
(1)
BT Investment Pte. Ltd. (Singapore)
Investment holding (Singapore)
100
100
Held through SeaDeep ShipyardPte. Ltd.:
(1)
Interseas Shipping (Private) Limited
(Singapore)
Manufacturer and provider of
specialisedmarine offshore equipment
and services for the oil and gas industry
(Singapore)
100
100
Held throughBakerEngineeringPte. Ltd.:
(1)
BELDesignPte. Ltd. (Singapore)
Design and engineering of offshore
andmarine vessels and equipment
(Singapore)
100
100
Held throughBT Investment Pte. Ltd.:
(2)
BTTitaniumPte. Ltd. (Singapore)
Provision of offshoremarine logistics
support services (Singapore)
100
–
(1)
Audited byErnst&YoungLLP, Singapore
(2)
Not due for audit in the year of incorporation
