SEE HUP SENG LIMITED
Annual Report 2012
70
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
% %
**
Tat Petroleum (HK) Pte Limited
Distribution and wholesale of
100
100
Hong Kong
refined petroleum products
***** Tat Petroleum Vietnam Co
Distribution and wholesale of
90
90
Vietnam
refined petroleum products
**** Tat Korea Petroleum Co. Ltd
Distribution and wholesale of
100
100
South Korea
refined petroleum products
**** PT Tat Petroleum Indonesia
General trading and distributing
100
100
Indonesia
petrochemical related products
**** Tat Petroleum (S) Pte Ltd
Dormant
100
–
Singapore
Tat Petroleum (HK) Pte Limited
**
Yuen Fung Hong Petroleum Co Ltd Trading of petroleum products
100
100
Hong Kong
Subsidiary companies
Auditors
Gardella Coating Philippines, Inc.
Punongbayan & Araullo
Speedlock Equipment Sdn Bhd
Moore Stephens AC, Johor Bahru
Tat Petroleum (Guangzhou) Ltd
Certified Public Accountants Guangzhou Zhonglian
Co. Limited
Tat Petroleum (HK) Pte Limited
F.L. Chim & Co.
Yuen Fung Hong Petroleum
F.L. Chim & Co.
Company Limited Hong Kong
Tat Petroleum Vietnam Co. Ltd
Vietnam Auditing Partnership Company
***
Audited by Moore Stephens LLP, Singapore
**
Audited by other certified public accounting firms (see above) and these subsidiary companies are not considered significant.
****
Reviewed by Moore Stephens LLP, Singapore for consolidation purposes and these subsidiary companies are not considered significant
*****
Audited by Member firms of Moore Stephens International Limited
9
Subsidiary Companies (Continued)
Investment in Subsidiaries (Continued)