ANNUAL REPORT 2008 - KNM Steel Sdn Bhd
ANNUAL REPORT 2008 - KNM Steel Sdn Bhd
ANNUAL REPORT 2008 - KNM Steel Sdn Bhd
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NOTES TO THE<br />
FINANCIAL STATEMENTS (CONT’D)<br />
31. Subsidiaries (CONT’D)<br />
Effective<br />
Country of Ownership<br />
Name of Company Principal Activities Incorporation Interest<br />
<strong>2008</strong> 2007<br />
Subsidiaries of <strong>KNM</strong><br />
Europa BV (formerly<br />
known as FBM Hudson<br />
Italiana BV)<br />
FBM Hudson Italiana Design and manufacture of Italian 100% 100%<br />
SpA * air-cooled heat exchangers, Republic<br />
specialty shell and tube heat<br />
exchangers and process gas<br />
waste heat boilers for the oil,<br />
gas, petrochemical and<br />
desalination industries.<br />
FBM ICOSS s.r.l * Design and construction of fully Italian 100% 100%<br />
welded plate type heat exchanger Republic<br />
plates bundle exchangers and<br />
jacketed pressure vessels for<br />
different fields such as chemical,<br />
petrochemical, textile<br />
pharmaceutical, food industry,<br />
aerospace and research industries.<br />
<strong>KNM</strong> Corporation * Investment holding. Canada 100% 100%<br />
Subsidiaries of<br />
<strong>KNM</strong> Corporation<br />
<strong>KNM</strong> Process Equipment Design, manufacture, procurement Canada 100% 100%<br />
Inc *<br />
and manufacturing of process<br />
equipment, including without<br />
limitation pressure vessels,<br />
reactors, column and towers,<br />
drums, heat exchangers, air finned<br />
coolers, process gas waste heat<br />
boilers and specialised shell and<br />
tube heat exchangers, condensers,<br />
spheres, process tanks, mounded<br />
bullets, process skid packages and<br />
turnkey storage facilities for the oil,<br />
gas, petrochemicals and mineral<br />
processing industries in Canada<br />
and the North America region.<br />
<strong>KNM</strong> GROUP BERHAD<br />
110<br />
<strong>ANNUAL</strong> <strong>REPORT</strong> <strong>2008</strong>