cont'd - KNM Steel Sdn Bhd

124KNM 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 ofBORSIG GmbH(cont’d)BORSIG Boiler Systems Planning, delivery, installation, and Germany 100 100 100GmbH *implementation of constructions forgenerating plants as well as provisionof maintenance and other servicesfor such constructions.Subsidiary of BORSIGMembrane TechnologyGmbHGMT Membrantechnik Development, processing and Germany 51 51 51GmbH *distribution of membranes,membrane modules and membranecomponents.Subsidiary ofBORSIG ZMCompression GmbHBORSIG Compressor Parts Development, production and Germany 100 100 100GmbH *distribution of valves, compressorparts, monitoring systems forcompressors, provision ofmaintenance and repair works ofcompressors and other assets.Subsidiaries ofKNM Sistemas deProcessamento do BrasilLtdaKNM Industrial Ltda *@ Design, fabrication, assembly and Brazil 100 100 100erection of tanks, spheres, storagesystems, structural systems, pipingand ducting systems for oil, gas andindustrial plants.KNM Servicos Ltda *@ Provision of construction, Brazil 100 100 100management services, mechanicalassembly and erection works,electrical, instrumentation works andmaintenance services for oil, gas andindustrial plants.KNM Equipamentos SA *@ Design, manufacture and Brazil 100 100 100commissioning of processequipment, boilers, transport, andother industrial equipment for oil, gasand industrial plants.