cont'd - KNM Steel Sdn Bhd

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.