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1548. SUBSIDIARIES (continued)Effective equity interestheld by the Group2007 2006% %(e) Vision Technologies Systems, Inc. and its subsidiaries (continued)Vision Technologies Land Systems, Inc. and its subsidiaries: 100 100VT Dimensions, Inc. 100 100Lee Holding Company and its subsidiary: 100 100VT LeeBoy, Inc. and its subsidiaries: 100 100LeeBoy Rents, Inc. 100 100Rosco Manufacturing Company 100 100Force Feed Loader Parts, Inc. 100 100VT Specialized Vehicles Corporation 100 100Vision Technologies Marine, Inc. and its subsidiary: 100 100VT Halter Marine, Inc. 100 100(f) Singapore Technologies Dynamics Pte Ltd 100 100(g) ST Synthesis Pte Ltd 100 100(h) FusionTech Pte. Ltd. 100 100(i) Kaz-ST Engineering Bastau Limited Liability Partnership 51 51^ The entity was disposed of during the year.* This entity was fully liquidated during the year.@During the year, following an additional acquisition of equity interest, STAR Automotive Center (Guangzhou) Co., Ltd. hadbecome a subsidiary of the Group.Further details of the subsidiaries are as follows:Country of incorporation/Name of subsidiary Principal activities place of businessSingapore Technologies Aerospace Ltd Investment holding and provision of engineering, Singaporemarketing and engineering support servicesST Aerospace Engineering Pte Ltd Repair, maintenance and servicing of aircraft SingaporeST PAE Holdings Pty Ltd Investment holding AustraliaPacific Flight Services Pte Ltd Providing air transport services SingaporePacific Flight Services Pty Ltd Flight training school operation and aircraft management AustraliaST Aviation Training Academy Pte. Ltd. Flight training school operation and aircraft management SingaporeAviation Training Academy Australia Flight training school operation and aircraft management AustraliaPty LtdST Aerospace Engines Pte Ltd Repair and overhaul of aircraft engines SingaporeST Aerospace Systems Pte Ltd Service, repair and overhaul of aircraft components Singapore