Full Annual Report 2006 - Singapore Technologies Engineering
Full Annual Report 2006 - Singapore Technologies Engineering
Full Annual Report 2006 - Singapore Technologies Engineering
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THE WINNING SPIRIT ST <strong>Engineering</strong> AR <strong>2006</strong> 162<br />
Notes to the Financial Statements 31 DECEMBER <strong>2006</strong><br />
(Currency – <strong>Singapore</strong> dollars unless otherwise stated)<br />
9. ASSOCIATED COMPANIES AND JOINT VENTURES (continued)<br />
(a) Details of the associated companies are as follows:<br />
COUNTRY OF EFFECTIVE EQUITY<br />
INCORPORATION/ INTEREST HELD<br />
NAME OF ASSOCIATED COMPANY PRINCIPAL ACTIVITIES PLACE OF BUSINESS BY THE GROUP<br />
<strong>2006</strong> 2005<br />
% %<br />
Aerospace <strong>Engineering</strong> Services Pty Ltd Maintenance and servicing Australia 50 50<br />
of aircraft<br />
Aerospace <strong>Engineering</strong> Services Pty Ltd Trustee of unit trust fund Australia 50 50<br />
Unit Trust<br />
1988 JV Pte. Ltd. Promoting and organising <strong>Singapore</strong> 50 50<br />
trade exhibitions in <strong>Singapore</strong><br />
for systems, equipment, products<br />
and services in aerospace and<br />
defence-related applications on<br />
a biennial basis<br />
Composite Technology International Pte Ltd Repairing and rebuilding <strong>Singapore</strong> 33.33 33.33<br />
helicopter rotor blades<br />
Eurocopter South East Asia Private Limited Selling, maintaining and <strong>Singapore</strong> 25 25<br />
overhauling of helicopters<br />
Shanghai <strong>Technologies</strong> Aerospace Aircraft and component People’s Republic 49 49<br />
Company Limited maintenance, repair, overhaul of China<br />
and other related maintenance<br />
business<br />
<strong>Singapore</strong> Precision Repair and Overhaul Repair and overhaul of aircraft <strong>Singapore</strong> 50 50<br />
Pte Ltd<br />
and helicopter landing gears<br />
and its related components<br />
Turbine Coating Services Pte Ltd Repair, refurbishment and <strong>Singapore</strong> 24.5 24.5<br />
upgrading of aircraft jet engine<br />
turbine blades and vanes<br />
Turbine Overhaul Services Pte Ltd Repair and service of gas and <strong>Singapore</strong> 49 49<br />
steam turbine components<br />
Autoscan Technology Pte Ltd Computer consultancy, trading <strong>Singapore</strong> 25.8 25.8<br />
in computerised information<br />
retrieval equipment and related,<br />
rendering of technical support<br />
services and printing and trading<br />
of labels and book binding
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