cont'd - KNM Steel Sdn Bhd
cont'd - KNM Steel Sdn Bhd
cont'd - KNM Steel Sdn Bhd
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<strong>KNM</strong> GROUP BERHAD I Annual Report 2012125Notes 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 of<strong>KNM</strong> International<strong>Sdn</strong>. <strong>Bhd</strong>.<strong>KNM</strong> Overseas (China) Investment holding. Malaysia 100 100 100<strong>Sdn</strong>. <strong>Bhd</strong>. @<strong>KNM</strong> Global Ltd. Provision of management, British 100 100 100procurement, businessVirgindevelopment, technical advisory Islandsand marketing services.<strong>KNM</strong> Oil & Gas (B) Dormant. Brunei 100 100 100<strong>Sdn</strong>. <strong>Bhd</strong>. *Darussalam<strong>KNM</strong> Engineering Services Design, engineering, technical and India 100 100 100Private Limited **project management services inrelation to process equipment,plant facilities and general facilitiesfor the oil, gas, petrochemicals,minerals processing and generalindustries.The Company has ceasedoperations.PT KPE Industries ^ An assets holding company and Indonesia 100 100 100shall own the land, manufacturingplant and machinery in relationto the Group’s intendedManufacturing facility at the KabilIndustrial Estate in Batam, Indonesia.Saudi <strong>KNM</strong> Ltd. ^ Production of platforms, towers, Saudi 51 51 51columns, pressure pipe, large Arabiabarrels, boilers, thermal transformers,large tanks and cooling fans.Subsidiary of <strong>KNM</strong>Overseas (China)<strong>Sdn</strong>. <strong>Bhd</strong>.<strong>KNM</strong> Special Process Design, manufacture, assembly, China 100 100 100Equipment (Changshu) commissioning and maintenance ofCo. Ltd. **process equipment, pressure vessels,heat exchangers, skid mountedassemblies, process pipe systems,storage tanks, specialised structuralassemblies and module assembliesfor the oil, gas and petrochemicalindustries within the China market.