Megachem Limited Annual Report 2015 101 Notes to the Financial Statements 31 December 2015 12. Investments in subsidiaries (cont’d) Name of subsidiary, principal activities, country of incorporation and place of operations Equity holding 2015 2014 % % Megachem Phils., Inc (b) Trading in chemicals and chemical-related products Philippines 90 90 Megachem Raya Pte Ltd (a) Trading in chemicals and chemical-related products Singapore 74 74 Megachem (Shanghai) Pte Ltd (a) Trading in chemicals and chemical-related products Singapore 85 85 Megachem (UK) Ltd (b) Trading in chemicals and chemical-related products United Kingdom 85 85 Megachem Middle East FZE (b) Trading in chemicals and chemical-related products U.A.E 100 100 MGI Chemicals Private Limited (b) Trading in chemicals and chemical-related products India 99 99 Megachem Vietnam Company Limited (b) Trading in chemicals and chemical-related products Vietnam 100 100 MG Chemicals (Australia) Pty Ltd (c) Trading in chemicals and chemical-related products Australia 100 100
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