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KNM GROUP BERHAD I Annual Report 2012121Notes to the Financial Statements (cont’d)31. Subsidiaries (Cont’d)EffectiveCountry of OwnershipName of Subsidiary Principal Activities Incorporation Interest31.12.2012 31.12.2011 1.1.2011% % %Subsidiary ofKNM-DP FabricatorsSdn. Bhd.KNM-DP Harta Bina Dormant. Malaysia 93 93 65Sdn. Bhd. **Subsidiaries ofKNM China Pte LimitedBORSIG Compression Dormant. Hong Kong 100 100 100(China)Pte Limited ^BORSIG Valves (China) Dormant. Hong Kong 100 100 100Pte Limited ^Subsidiaries ofKNM Europa BVFBM Hudson Italiana SpA * Design and manufacture of air-cooled Italy 100 100 100heat exchangers, specialty shell andtube heat exchangers and processgas waste heat boilers for the oil, gas,petrochemical and desalinationindustries.FBM ICOSS S.r.l * Design and construction of fully Italy 100 100 100welded plate type heat exchangerplates, bundle exchangers andjacketed pressure vessels fordifferent fields such as chemical,petrochemical, textile pharmaceutical,food industry, aerospace andresearch industries.KNM Corporation * Investment holding. Canada 100 100 100KNM Project Services Project management and services United 100 100 –Limited ^ and provision of process technology Kingdomfor oil and gas, biomass, biofuels,waste to energy and power plants aswell as provision of turnkey servicesincluding operation and maintenanceservices.KNM Technical Services Dormant. Uzbekistan 100 – –LLC ^
122KNM GROUP BERHAD I Annual Report 2012Notes to the Financial Statements (cont’d)31. Subsidiaries (Cont’d)EffectiveCountry of OwnershipName of Subsidiary Principal Activities Incorporation Interest31.12.2012 31.12.2011 1.1.2011% % %Subsidiaries ofKNM CorporationKNM Process Equipment Design, manufacture, procurement Canada 100 100 100Inc *and manufacturing of processequipment, including without limitationpressure vessels, reactors, columnand towers, drums, heat exchangers,air fin coolers, process gas wasteheat boilers, specialised shell,tube heat exchangers, condensers,spheres, process tanks, moundedbullets, process skid packages andturnkey storage facilities for the oil,gas,petrochemicals and mineralprocessing industries in Canada andthe North America region.KNM Industries Inc * An asset holding company and shall Canada 100 100 100own the land, manufacturing plantand machinery inrelation to theGroup's manufacturing facilityin Edmonton, Alberta, Canada.KPS Inc * Investment holding. Canada 100 100 100Subsidiary ofKPS IncKPS Technology & Provision of sulphur removal and United 60 60 65Engineering LLC * recovery related services to clients States ofin the oil, gas and energy/power Americaindustries in relation to sulphurremoval and recovery technology.Subsidiaries of KNMPty LtdW E Smith Engineering Thermal and mechanical design, Australia 100 100 100Pty Ltd *@drafting, manufacture of shell andtube heat exchangers, vessels,columns and feed water heaters.HEA Australia Pty Ltd *@ Manufacture of air-cooled, shell, Australia 100 100 100and tube and plate heat exchangers,vessels and columns.PT Heat Exchangers Manufacture of air-cooled, shells, Indonesia 100 100 100Indonesia *@tube plates, frame heat exchangers,vessels and columns.
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