FRENCKEN GROUP LIMITED
ANNUAL REPORT 2015
81
NOTES TO FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONT’D)
14 SUBSIDIARIES (CONT’D)
The details of the subsidiaries are as follows: (Cont'd)
Name of subsidiary
Country of
incorporation/
place of
business
Effective equity interest
held by the Group
Principal activities
Company
Subsidiary
2015
%
2014
%
2015
%
2014
%
Precico Group
Sdn. Bhd.
(2)
Malaysia
100
100
-
-
Management and
investment holding
Frencken Europe
B.V.
(7)
The Netherlands
100
100
-
-
Investment holding,
management,
sales and business
development
ETLA Limited
(1)
Singapore
100
100
-
-
Provision of value
engineering,
prototyping, program
management, supply
chain management,
precision machining
components and
sheet metal parts
manufacturing,
modular and
equipment system
assembly, integration,
testing and
commissioning
Juken Technology
Limited
(1)
Singapore
100
100
-
-
Investment holding
and sale of machines
Frencken Mechatronics
B.V.
(7)
The Netherlands
-
-
100
100 Assembly, testing
and engineering of
mechatronic modules
and equipment
Frencken Technical
Projects Assembly
B.V.
(7)
The Netherlands
-
-
100
100 Provision of services
to Group companies
Machinefabriek Gebrs.
Frencken B.V.
(7)
The Netherlands
-
-
100
100 Manufacturing and
assembly of precision
mechanical parts,
sheet metal and
prototyping
