| |
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48. SUBSIDIARIES, JOINT VENTURES AND ASSOCIATED COMPANIES
Details of subsidiaries, joint venture and associated companies
of the Group are as follows :
|
| |
| |
| |
| |
Effective group
equity interest
|
|
Cost of Investment
|
Country of
incorporation/
Place of
operation
|
|
|
Subsidiaries
|
2002
%
|
|
2001
%
|
|
2002
US$'000
|
|
2001
US$'000
|
Principal activities
|
|
 |
 |
| |
|
|
|
|
|
|
|
|
|
|
| Direct Interest : |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
| APL (Bermuda), Ltd |
100 |
|
100 |
|
761,866 |
|
761,866 |
Bermuda |
Shipping |
| APL Liner Agencies GmbH, Bremen +++ |
— |
|
100 |
|
— |
|
641 |
Germany |
Shipping agency |
| APL Logistics Ltd |
100 |
|
100 |
|
215,352 |
|
215,352 |
Singapore |
Logistics services |
| American Eagle Tankers
Inc. Limited |
100 |
|
100 |
|
286,850 |
|
286,850 |
Bermuda |
Shipowning/
Commericial
operations |
| Automar (Bermuda) Ltd |
100 |
|
100 |
|
10,000 |
|
10,000 |
Bermuda |
Investment holding |
| Centenary Shipping (Pte) Ltd |
— |
|
60 |
|
— |
|
109 |
Singapore |
Ship operating |
| Cranbourne Holdings Limited |
— |
|
100 |
|
— |
|
71 |
British Virgin
Islands |
Under liquidation |
| Globe King Company Limited
++ |
100 |
|
100 |
|
* |
|
* |
Hong Kong SAR |
Property
investment |
| Golden Sol Investment
Pte Ltd |
100 |
|
100 |
|
26 |
|
26 |
Singapore |
Property
investment |
| Milky Way Shipping Inc +++ |
100 |
|
100 |
|
2 |
|
2 |
Panama |
Shipowning |
| Mitorient Enterprise
Pte Ltd |
75 |
|
75 |
|
3,802 |
|
3,802 |
Singapore |
Investment
holding |
| Mitorient Holding Pte
Ltd |
51 |
|
51 |
|
3,030 |
|
3,030 |
Singapore |
Investment
holding |
| NAS Management Pte Ltd |
— |
|
100 |
|
— |
|
264 |
Singapore |
Bunkering
operator |
| NOL (China) Co Ltd ++ |
— |
|
100 |
|
— |
|
857 |
China |
Liquidated |
| NOL Infotech (Australia) Pty Ltd ++ |
100 |
|
100 |
|
7 |
|
7 |
Australia |
Computer services |
| NOL (Japan) Ltd ++ |
100 |
|
100 |
|
1,854 |
|
1,854 |
Japan |
Shipping agency |
NOL Management Services (Hong Kong)
Limited ++ |
— |
|
100 |
|
— |
|
* |
Hong Kong SAR |
Liquidated |
| NOL (Netherlands) Rederij B.V. ++ |
100 |
|
100 |
|
760 |
|
760 |
Netherlands |
Liquidated |
| NOL Properties Pty Ltd + |
— |
|
100 |
|
— |
|
2,342 |
Australia |
Liquidated |
| NOL Singapore Agency (Pte) Ltd |
100 |
|
100 |
|
235 |
|
235 |
Singapore |
Shipping agency |
| NOL (Taiwan) Shipping Agencies Ltd
¹ |
84.17 |
|
— |
|
1,592 |
|
— |
Taiwan |
Shipping agency |
| NOL (United Kingdom) Ltd + |
100 |
|
100 |
|
1,716 |
|
1,716 |
United Kingdom |
Under liquidation |
| Neptune Associated Shipping Pte Ltd |
100 |
|
100 |
|
32,341 |
|
290 |
Singapore |
Shipowning |
| Neptune Beta Lines Ltd |
100 |
|
100 |
|
235 |
|
235 |
Singapore |
Investment
holding |
| Neptune Delta Lines Pte Ltd |
100 |
|
100 |
|
* |
|
* |
Singapore |
Dormant |
| Neptune Marine Consultancy Pte Ltd
+++ |
— |
|
100 |
|
— |
|
29 |
Singapore |
Liquidated |
| Neptune Realty Management
Pte Ltd |
100 |
|
100 |
|
23 |
|
23 |
Singapore |
Property
management |
| Neptune Securities Pte Ltd |
100 |
|
100 |
|
65 |
|
65 |
Singapore |
Securities trading |
Neptune Shipmanagement Services (Pte)
Ltd |
100 |
|
100 |
|
235 |
|
235 |
Singapore |
Shipmanagement |
| Neptune Sigma Pte Ltd |
100 |
|
100 |
|
* |
|
* |
Singapore/
United Kingdom |
Property
investment |
| OCWS Logistics Pte Ltd |
100 |
|
100 |
|
10,318 |
|
10,318 |
Singapore |
Engineering and
marine logistics |
| Orient Marine Pte Ltd |
72.5 |
|
72.5 |
|
937 |
|
937 |
Singapore |
Ship chandelling |
| Orient Stella Shipping Pte Ltd |
— |
|
51 |
|
— |
|
262 |
Singapore |
Liquidated |
| Pescara Pte Ltd |
100 |
|
— |
|
1,132 |
|
— |
Singapore |
Shipowning |
| P.T. Intidaya Neptune
Properindo |
99.8 |
|
90 |
|
53 |
|
53 |
Indonesia |
Property
investment |
| P.T. Inti Trident Properindo
+++ |
99.75 |
|
90 |
|
2,963 |
|
2,667 |
Indonesia |
Property
investment |
| Phil Trident Infotech Incorporation |
— |
|
100 |
|
— |
|
125 |
Philippines |
Liquidated |
| South Dragon Shipping Pte Ltd |
100 |
|
100 |
|
1,055 |
|
1,055 |
Singapore |
Under liquidation |
| Titan Company Pte Ltd
+++ |
100 |
|
100 |
|
* |
|
* |
Cayman
Islands |
Investment
holding |
| Trident Districentre
Pte Ltd |
75 |
|
75 |
|
6,910 |
|
6,910 |
Singapore |
Warehousing
and distribution |
| Trident Towers Realty
Pte Ltd |
100 |
|
100 |
|
1,784 |
|
1,784 |
Singapore |
Property
investment |
| Trident Travels Ltd |
75 |
|
75 |
|
1,017 |
|
1,017 |
Singapore |
Dormant |
| Tsui Ching Ltd |
— |
|
100 |
|
— |
|
1 |
Hong Kong SAR |
Ship operating |
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Total (Note 17) |
|
|
|
|
1,346,160 |
|
1,315,790 |
|
|
|
|
|
|
|
|
| |
|
| |
* Denotes cost of investment
of less than US$500.
|
| |
|
|
|
