110
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
%
i,v Neptune Access IRM Pte Ltd
(Republic of Singapore)
Inactive (Republic of Singapore)
87.1 86.8
i,v Neptune Marine Offshore
Pte Ltd
(Republic of Singapore)
Inactive (Republic of Singapore)
87.1 86.8
i,v Neptune Subsea Stabilisation
Pte Ltd
(Republic of Singapore)
Design, manufacture, supply and install a range
of pipeline stabilisation and protection systems
(Republic of Singapore)
87.1 86.8
ii,v PT Neptune Subsea
Stabilisation
(Indonesia)
Design, manufacture, supply and install a range
of pipeline stabilisation and protection systems
(Indonesia)
87.1 86.8
ii,v Submersible Technology
Services Middle East S.P.C.
(Kingdom of Bahrain)
Specialise in the provision of quality remotely
operated vehicle (ROV) services and tooling solutions
for both shallow and deepwater applications
(Kingdom of Bahrain)
87.1 86.8
ii,v Neptune Scotland Holdings Ltd
(United Kingdom)
Investment holding (United Kingdom)
87.1 86.8
ii,v Neptune Offshore Services Ltd
(United Kingdom)
Providing a range of manufacturing solutions
encompassing the design, manufacture, machining,
assembly and testing of a wide range of equipment
(United Kingdom)
87.1 86.8
ii,v Neptune Subsea
Engineering Ltd
(United Kingdom)
Providing a range of specialist subsea engineering
services internationally to the oil and gas sector
(United Kingdom)
87.1 86.8
ii,v Neptune ROV Services
Holdings Ltd
(United Kingdom)
Investment holding (United Kingdom)
87.1 86.8
iii,v Neptune Deeptech Symons Ltd
(United Kingdom)
Inactive (United Kingdom)
87.1 86.8
ii,v Neptune ROV Services Ltd
(United Kingdom)
Specialise in the provision of quality remotely
operated vehicle (ROV) services and tooling
solutions for both shallow and deepwater
applications (United Kingdom)
87.1 86.8
Unquoted equity shares held by the subsidiaries (Cont’d)