SEO Version
SEE HUP SENG LIMITED
Annual Report 2012
69
Notes to the Financial Statements
31 DECEMBER 2012
Name of Company
(Country of incorporation
and place of business)
Principal activities
Percentage of equity
held by the Group
2012
2011
% %
***
SHS Special Coating Pte Ltd
Grit blasting and painting
100
100
Singapore
***
SHS System Pte Ltd
Tank coating, grit blasting
100
100
Singapore
and painting
***
SHS Offshore Pte Ltd
Grit blasting and painting
100
100
Singapore
***
Gardella Singapore Coating Pte Ltd Dormant
100
100
Singapore
***
Lesoon Equipment Pte Ltd
Trading and manufacturing of
94.5
94.5
Singapore
blasting and painting equipment
***
Speedo Corrosion Control Pte Ltd
Tank coating, grit blasting
100
100
Singapore
and painting
***
Tat Petroleum Pte Ltd
Distribution and wholesale of
100
100
Singapore
refined petroleum products
***
SHS Capital Pte Ltd
Investment holding
100
–
Singapore
***
Eastern Tankstore (S) Pte Ltd
Singapore
Warehousing and storage handling
services
51
–
***
Axxmo International Pte Ltd
Singapore
Distribution of refined petroleum
products
100
–
Held by subsidiary companies:
Lesoon Equipment Pte Ltd
***** Speedlock Equipment Sdn. Bhd.
Trading and manufacturing of
94.5
94.5
Malaysia
blasting and painting equipment
Gardella Singapore Coating Pte Ltd
**
Gardella Coating Philippines, Inc.
Dormant
99.9
99.9
Philippines
Tat Petroleum Pte Ltd
**
Tat Petroleum (Guangzhou) Ltd
Distribution and wholesale of
100
100
The People’s Republic of China
refined petroleum products
9
Subsidiary Companies (Continued)
Investment in Subsidiaries (Continued)
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