SEO Version
NOTES TO THE FINANCIAL STATEMENTS
For the Ànancial year ended 31 December 2013
115
Annual Report 2013
F i nanc i a l Statement s
21. Investments in subsidiaries
(continued)
Name of
subsidiaries
Principal
activities
Country of
incorporation/
business
Cost of
investment
% of paid–up capital held by
The Company
Subsidiaries
2013
2012
2013
2012
2013
2012
$’000
$’000
%
%
%
%
Zhongxing Sea-Land
Engineering Co., Ltd
(formerly known as
Zhongyuan Sea-
Land Engineering
Co., Ltd) (iii)
Ship repair
PRC
–
–
–
–
51
51
COSCO
Shipyard Total
Automation Co.,
Ltd (iii)
Design,
manufacture, sale
and technical
service relating
to vessels
and industrial
instruments
PRC
–
–
–
–
60
60
Cos Fair Shipping
Pte Ltd (i)
Ship owning
and ship chartering
Singapore/
Worldwide
–
–
–
–
100
100
Cos Glory
Shipping Inc. (i)
Ship owning
and ship chartering
Panama/
Worldwide
–
–
–
–
100
100
Hanbo Shipping
Limited (ii)
Ship owning
and ship chartering
Hong Kong/
Worldwide
–
–
–
–
100
100
Sanbo Shipping
Limited (ii)
Ship owning
and ship chartering
Hong Kong/
Worldwide
–
–
–
–
100
100
Cos Orchid
Shipping Pte Ltd (i)
Ship owning
and ship chartering
Singapore/
Worldwide
–
–
–
–
100
100
Cos Prosperity
Shipping Pte Ltd (i)
Ship owning
and ship chartering
Singapore/
Worldwide
–
–
–
–
100
100
Cos Knight Shipping
Maritime Inc. (i)
Ship owning
and ship chartering
Panama/
Worldwide
–
–
–
–
100
100
Cos Lucky
Shipping
Maritime Inc. (i)
Ship owning
and ship chartering
Panama/
Worldwide
–
–
–
–
100
100
COSCO
Engineering
Pte Ltd (i)
Ship repairing,
marine engineering,
container repairs
and services,
fabrication works
services and
production of
marine outfitting
components
Singapore
–
–
–
–
100
100
388,746
388,746
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