109
/ MTQ CORPORATION LIMITED /
ANNUAL REPORT
2014/2015
NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 March 2015
(In Singapore dollars)
29. SUBSIDIARIES (CONT’D)
Name of company
(Country of incorporation)
Principal activities
(Place of business)
Effective interest
in equity held by
the Group
2015
%
2014
%
iii,v Neptune Marine Services
International Pty Ltd (Australia)
Investment holding (Australia)
87.1 86.8
ii,v Neptune Asset Integrity
Services Pty Ltd
(Australia)
Providing a range of specialist access solutions for
the provision of inspection, repair and maintenance
services (Australia)
87.1 86.8
ii,v Neptune Diving Services
Pty Ltd
(Australia)
Providing commercial diving and inspection,
repair and maintenance services to the oil and
gas, shipping, defence and marine infrastructure
industries (Australia)
87.1 86.8
iii,v Neptune Fabrication Services
Pty Ltd (Australia)
Inactive (Australia)
87.1 86.8
iii,v Neptune Subsea Engineering
Pty Ltd
(Australia)
Providing a range of specialist subsea engineering
services to the oil and gas sector (Australia)
87.1 86.8
iii,v Neptune Geomatics Pty Ltd
(Australia)
Providing a range of hydrographic survey,
geophysical and positioning services internationally
to the oil and gas sector (Australia)
87.1 86.8
iii,v Neptune Subsea Stabilisation
Pty Ltd
(Australia)
Design, manufacture, supply and install a range
of pipeline stabilisation and protection systems
(Australia)
87.1 86.8
iii,v Allied Diving Services Pty Ltd
(Australia)
Inactive (Australia)
87.1 86.8
iii,v Neptune Delaware Holdings Inc
(United States of America)
Investment holding (United States of America)
87.1 86.8
iii,v Neptune Underwater Services
(USA) LLC
(United States of America)
Inactive (United States of America)
87.1 86.8
i,v Neptune Asia Holdings Pte Ltd
(Republic of Singapore)
Investment holding (Republic of Singapore)
87.1 86.8
i,v Neptune Marine Pacific Pte Ltd
(Republic of Singapore)
Specialise in the provision of remotely operated
vehicles (ROV) services and tooling solutions for
both shallow and deep water applications
(Republic of Singapore)
87.1 86.8
Unquoted equity shares held by the subsidiaries (Cont’d)
