20. Interests In Other Entities
ASC PTY LTD
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS -CONTINUED
For the year ended 30 June 2019
a. Material subsidiaries
The Company's principal subsidiaries at 30 June 2019 are set out below. Unless otherwise stated, they have share capital consisting solely of ordinary shares that are held directly by the Company, and the proportion of ownership interests held equals the voting rights held by the Company. The country of incorporation or registration is also their principal place of business.
|
Name of entity |
Place of business/ country of incorporation |
Ownership interest held by the group |
Principal activities |
|
|---|---|---|---|---|
|
2019 % |
2018 % |
|||
|
ASC AWD Shipbuilder Pty Ltd |
Australia |
100 |
100 |
Part of the alliance executing the AWD program |
|
ASC OPV Shipbuilder Pty Ltd |
Australia |
100 |
- |
Construction of two Offshore Patrol Vessels |
|
ASC Shipbuilding Pty Limited |
Australia |
- |
100 |
Employs labour for the AWD Program |
|
ASC Modules Pty Ltd |
Australia |
100 |
100 |
Dormant |
|
Deep Blue Tech Pty Ltd |
Australia |
100 |
100 |
Dormant |
All subsidiaries have reporting dates of 30 June.
ASC Shipbuilding Pty Limited was separated from the ASC Group on 13 December 2018 and ASC OPV Shipbuilder Pty Ltd was established on 10 August 2018.
Visit
https://www.transparency.gov.au/annual-reports/asc-pty-ltd/reporting-year/2018-2019-45