Oil Related Services and Equipment
Uzma Bhd:Has incorporated a wholly-owned subsidiary in Labuan - Uzma (Labuan) Ltd.The issued share capital of the Subsidiary is $2.00 comprising two ordinary shares.The intended principal business activity of the new subsidiary will be to run a leasing business and other services to oil and gas companies.
Swiber Holdings Ltd:Says Swiber Engineering Ltd. (SEL), an indirect wholly-owned subsidiary of the Company, has incorporated a wholly-owned subsidiary in Finland, known as Meadow Offshore Oy (MO).The initial issued share capital of MO is 10,000 Euro.MO is principally engaged in offshore installation support services.
Ezra Holdings Ltd:Has incorporated a new subsidiary company known as Emas Saudi Arabia Ltd (ESAL) in Saudi Arabia, with a paid up capital of 1,000,000 Saudi Riyals comprising of 1,000 ordinary shares.The members of ESAL are Emas-AMC Pte Ltd (70 pct interest) and Emas Subsea Services Pte Ltd (30 pct interest), which are in turn wholly-owned subsidiary companies of Ezra.The principal activity of ESAL is the provision of subsea construction and offshore installation services to oil and gas clients in the Kingdom of Saudi Arabia.
Dalian Energas Gas-System Co Ltd:To set up a gas equipment subsidiary in Dalian, with capital of 20 mln yuan.
Swiber Holdings Ltd:Says ACS Marine Offshore SPRL (ACS), an indirect wholly-owned subsidiary of the Company, has incorporated a wholly-owned subsidiary in The Netherlands, known as Meadsea Services B.V. (MS).The initial issued share capital of MS is Euro10,000.MS is principally engaged in offshore engineering, construction services and chartering of vessels.
Swiber Holdings Ltd:Says Swiber Offshore Construction Pte. Ltd. (SOCPL), a wholly-owned subsidiary of the Company, had incorporated new wholly-owned subsidiary in Singapore, known as Whitmer Offshore Pte. Ltd. (WOPL).The initial issued share capital of WOPL is US$100.00.Says WOPL is principally engaged in owning and leasing of machinery and equipment for offshore activities.
Wah Seong Corporation Bhd:Incorporates Spirolite (Myanmar) Co Ltd by the companys indirect wholly-owned subsidiary, Spirolite (M) Sendirian Berhad.Intended businesses of Spirolite Myanmar are manufacturing and marketing of polyethylene (PE) pipes, fittings and tanks for related fluid conveyance products.