98
98
SINGAPORE SHIPPING CORPORATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
11. INVESTMENT IN SUBSIDIARIES/AMOUNT DUE FROM SUBSIDIARIES (CONTINUED)
Details of the subsidiaries are as follows:
Name of subsidiary
Country of
incorporation
Effective equity
held by
the Group
2016
%
2015
%
Island Line Pte. Ltd.
Singapore
100
100
Ow Brothers Pte. Ltd.
Singapore
100
100
SSC Centaurus Leader Pte. Ltd.
Singapore
100
100
Singapore Ship Technologies Ltd
(a)
British Virgin
Islands
–
100
SSC Sirius Leader Pte. Ltd.
Singapore
100
100
SSC Investments (Pte) Limited
Singapore
100
100
SSC Boheme Pte. Ltd.
Singapore
100
100
SSC Ship Management Pte. Ltd.
Singapore
100
100
Singapore Shipping Agencies Pte. Ltd.
Singapore
100
100
SSC Taurus 2015 (7000) Pte. Ltd.
Singapore
100
100
Zetline Services Sdn Bhd
Malaysia
*
*
All the subsidiaries incorporated in Singapore are audited by KPMG LLP.
(a)
Voluntary liquidated during the financial year.
*
Zetline Services Sdn Bhd is controlled by Singapore Shipping Agencies Pte Ltd.
