Full Annual Report 2006 - Singapore Technologies Engineering

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147 Notes to the Financial Statements 31 DECEMBER 2006 (Currency – Singapore dollars unless otherwise stated) 8. SUBSIDIARIES (continued) EFFECTIVE EQUITY INTEREST HELD BY THE GROUP 2006 2005 % % (b) Singapore Technologies Electronics Limited and its subsidiaries (continued) ST Electronics (Info-Comm Systems) Pte. Ltd. and its subsidiaries: 100 100 ST Electronics (Info-Security) Pte. Ltd. (formerly known as DigiSAFE Pte Ltd) and its subsidiary: 100 100 DataMark Technologies Pte Ltd 61.12 61.12 STELCOMMS Pte. Ltd. 100 – ST Electronics (Satcom & Sensor Systems) Pte. Ltd. and its subsidiary: 100 100 ST Electronics (Sichuan) Co., Ltd 100 100 ST Electronics (Shanghai) Co., Ltd and its subsidiary: 100 100 ST Electronics-PCI Co., Ltd 51 51 iTS Technologies Pte Ltd 100 100 ST Electronics (Taiwan) Limited 100 100 Intelect Technologies, Incorporated 78.57 78.57 Ripple Systems Pty Ltd 70 70 STELOP Pte. Ltd. (formerly known as Chartered Electro-Optics Pte Ltd) 50.05 50.05 TranSys Pte Ltd 100 @ 50 (c) Singapore Technologies Kinetics Ltd and its subsidiaries 100 100 Singapore Ordnance Engineering Pte. Ltd. 100 100 Mobility Systems Pte Ltd and its subsidiaries: 100 100 Silvatech Global Systems Limited 100 50** Silvatech Systems Corporation Pte Ltd and its subsidiaries: 100 50** Kinetics Drive Solutions Inc. (formerly known as Int. Silvatech Industries Inc.) 100^^ 50** Silvatech Systems Marketing Inc. –^^ 50** STA Inspection Pte Ltd and its subsidiary: 100 100 JuzclickCar.com Pte Ltd 90 90 Singapore Commuter Private Limited 100 100 ST Automotive Industrial Pte Ltd 100 100 STA Investment Pte Ltd 100 100 ST Automotive (Vietnam) Pte Ltd 100 100 STA Detroit Diesel-Allison (Singapore) Pte Ltd 100 100 Shanghai Elite Electric Vehicles Co., Ltd 100 100 Expert Systems Pte Ltd 100 100 Singapore Test Services Private Limited and its subsidiary: 100 100 SAO Industrial Services Pte Ltd 100 100 Advanced Material Engineering Pte. Ltd. and its subsidiary: 100 100 Advanced Pyrotechnic Materials Private Limited (formerly known as Chartered Pyrotechnic Industries Private Limited) 51 51 Unicorn International Pte Limited 100 100 Allied Ordnance of Singapore (Pte) Limited 100 100 Ordnance Development and Engineering Company of Singapore (1996) Private Limited 100 100 Autonomous Technology Pte Ltd and its subsidiary: 100 100 Guizhou Jonyang Kinetics Co., Ltd. 60 60 Kinetics Systems (Shanghai) Co., Ltd. 100 100 Founders Industries Pte Ltd and its subsidiary: 100 100 Ordnance Development and Engineering Company of Singapore (Private) Limited – 100 STAR Automotive Center (Zhejiang) Co., Ltd. 86.24 70
THE WINNING SPIRIT ST Engineering AR 2006 148 Notes to the Financial Statements 31 DECEMBER 2006 (Currency – Singapore dollars unless otherwise stated) 8. SUBSIDIARIES (continued) EFFECTIVE EQUITY INTEREST HELD BY THE GROUP 2006 2005 % % (d) Singapore Technologies Marine Ltd and its subsidiary 100 100 STSE Engineering Services Pte Ltd 100 100 (e) Vision Technologies Systems, Inc. and its subsidiaries 100 100 Singapore Technologies Engineering (USA) Inc. 100 100 SA Supplies (USA) Inc. 100 100 VT Systems, Inc. 100 100 Vision Technologies Aerospace, Incorporated and its subsidiaries: 100 100 ST Mobile Aerospace Engineering, Inc. 100 100 DalFort Aerospace GP, Inc. 100 100 DalFort Aerospace, L.P. 100 100 San Antonio Aerospace GP, LLC 100 100 San Antonio Aerospace LP 100 100 Vision Technologies Electronics, Inc. and its subsidiary: 100 100 iDirect, Inc. and its subsidiaries: 100 100 iDirect Hong Kong Limited 100 100 iDirect UK Limited 100 100 iDirect Italy srl 100 100 iDirect International Corporation and its subsidiary: 100 100 iDirect Singapore Pte. Ltd. 100 – Vision Technologies Kinetics, Inc. and its subsidiaries: 100 100 Miltope Corporation 100 100 MÄK Technologies, Inc. 80 – Vision Technologies Land Systems, Inc. and its subsidiaries: 100 100 VT Dimensions, Inc. 100 100 VT LeeBoy, Inc. 100 – VT Specialized Vehicles Corporation (formerly known as Specialized Vehicles Corporation) 100 100 Vision Technologies Marine, Inc. and its subsidiary: 100 100 VT Halter Marine, Inc. 100 100 (f) Singapore Technologies Dynamics Pte Ltd 100 100 (g) ST Synthesis Pte Ltd 100 100 (h) FusionTech Pte. Ltd. 100 100 (i) Kaz-ST Engineering Bastau Limited Liability Partnership 51 51 @ During the year, following an additional acquisition of interest, TranSys Pte Ltd had become a subsidiary of the Group. ** The Group owns 50% plus one share in these companies. ^^ These entities were amalgamated as one company under the name Kinetics Drive Solutions Inc. during the year.
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THE WINNING SPIRIT ANNUAL REPORT 20
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11 Peter SEAH Lim Huat Chairman (le
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THE WINNING SPIRIT ST Engineering A
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33 Corporate Governance Board’s C
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35 Corporate Governance BOARD COMPO
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37 Corporate Governance The ERCC me
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39 Corporate Governance Remuneratio
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41 Corporate Governance Internal Co
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43 Corporate Governance COMPLIANCE
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45 Environment, Health and Safety A
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47 Investor Relations ST ENGINEERIN
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49 Share Price Performance ST ENGIN
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57 Operating Financial Review GROUP
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59 Operating Financial Review PERFO
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61 Operating Financial Review Capit
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LAND SYSTEMS SECTOR MARINE SECTOR C
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67 Aerospace FLYING HIGH WITH TOTAL
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69 Aerospace Full Year Performance
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75 Land Systems BREAKING NEW GROUND
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77 Land Systems Major Acquisitions
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91 Directors’ Report AS AT 31 DEC
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197 SGX Listing Manual Requirements
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199 Shareholding Statistics AS AT 5
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201 SECTORAL FINANCIAL REVIEW - AER
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203 SECTORAL FINANCIAL REVIEW - AER
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205 SECTORAL FINANCIAL REVIEW - ELE
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211 SECTORAL FINANCIAL REVIEW - LAN
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213 SECTORAL FINANCIAL REVIEW - LAN
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215 SECTORAL FINANCIAL REVIEW - MAR
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221 Group Structure - Singapore Tec
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223 Group Structure - Singapore Tec
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225 CORPORATE INFORMATION BOARD OF
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SINGAPORE TECHNOLOGIES ENGINEERING
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Full Annual Report 2006 - Singapore Technologies Engineering

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