66
TEHO INTERNATIONAL INC LTD.
Annual Report 2016
NOTES
TO THE FINANCIAL STATEMENTS
Year ended 30 June 2016
7 INVESTMENTS IN SUBSIDIARIES
Details of the subsidiaries are as follows:
Name of subsidiary Principal activity
Principal place
of business
/ Country of
incorporation
Ownership
interest
2016 2015
% %
TEHO Ropes &
Supplies Pte.
Ltd.
Supply of rigging and mooring
equipment as well as related
services to customers mainly
in the marine & offshore
industries
Singapore 100 100
TEHO International
(USA), LLC
Trading in rigging and mooring
equipment as well as related
services to customers mainly
in the marine & offshore
industries
United States
of America
100 100
TEHO (Shanghai)
Co., Ltd.
Supply of rigging and mooring
equipment as well as related
services to customers mainly
in the marine & offshore
industries
People’s
Republic of
China
100 100
TEHO Offshore
Pte. Ltd.
Dormant
Singapore 100 100
TEHO Engineering
Pte. Ltd.
Supply of offshore oil and gas
equipment to offshore oil and
gas industries
Singapore 100 100
Name of subsidiary Principal activity
Principal place
of business
/ Country of
incorporation
Ownership
interest
2016 2015
% %
TEHO EuROPE B.V.
Supply of rigging and mooring
equipment as well as related
services to customers mainly
in the marine & offshore
industries
The
Netherlands
100 100
TEHO Water &
Envirotec Pte.
Ltd.
Supply of marine and
engineering services and
trading in related marine and
engineering hardware and
accessories
Singapore 100 100
TIEC Holdings
Pte. Ltd.
Real estate development
specialising in residential
properties
Singapore 100 100
TEHO Development
Pte. Ltd.
Investment holding company
and real estate developer
Singapore 100 100
ECG Property
Services Pte.
Ltd. (Acquired
on 28 November
2014)
Investment holding company
and real estate business
Singapore 100 100
ECG Property
Pte. Ltd.
(Acquired on 28
November 2014)
Real estate agency
Singapore 100 100
7 INVESTMENTS IN SUBSIDIARIES (CONT’D)
