Subsidiary Entities & Associated Companies

Overseas Subsidiaries

NS Connection Technology Pte. Ltd. (NSCT PL)

NSCT PL, domiciled at 133 New Bridge Road, #21-01 Chinatown Point, Singapore, established and started its operations in 2002. NSCT PL’s business activities include marketing and technical support related to intellectual property. NSCT PL is 100% owned by the Company.

Domestic Subsidiaries

PT Sarana Citranusa Kabil (SCK)

SCK, domiciled at Jalan Hang Kesturi I Kav C4, Kabil Industrial Estate, Batam, established in 2000. Its business activities include port management, container and cargo, warehousing and open storage rental. The Company owns 99.92% of SCK.

SCK has a subsidiary entity named PT Citra Pembina Pengangkutan Industries (CPPI) domiciled at Jalan Mas Surya Negara Kav A.9, Kabil Industrial Estate, Kabil Batam with business activities include providing public transportation, expedition, stevedoring, warehousing and rental of heavy equipments. SCK owns 99% of CPPI’s shares.

The subsidiaries of CPPI include:

PT Citramadya Cargindo (CMC)
Domiciled at Jalan Mas Surya Negara Kav A.9 Kabil Industrial Estate, Kabil Batam and provides cargo services and special handling of heavy weight cargo with qualified logistics handling manpower. CPPI share ownership in CMC is 98%.

Associated Companies

Associated Companies in overseas and domestic.

Overseas Associated Company

Citra Sumit Valind Investments Pte. Ltd. (CSV)

CSV, domiciled at 133 New Bridge Road, #21-01 Chinatown Point, Singapore, was established in 1993 with its principal activity to serve as a holding company and to provide technical support to subsidiary companies. The ownership of the Company in CSV is 48%.

CSV has a subsidiary company named Vietubes Corporation Limited (VCL), domiciled in Vung Tau city, Vietnam, and its activity is to provide support services for the oil and gas industry.

CSV owns 49% of VCL.

PT Pelayaran Citranstirta Tatasarana (CITA)

CITA, domiciled at Jalan Hang Kesturi I Kav C4, Kabil Industrial Estate, Batam, established in 1990, provides shipping agency and ship handling services, including vessel clearance, ship chandler and procurement services.

The ownership of shares by CPPI in CITA is 48.77%.

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