SHAREHOLDING STRUCTURE OF THE GROUP
Tipco Asphalt Public Company Limited
Asphalt Refinery KBC (100%)
Kemaman Bitumen Company Sdn. Bhd.
KOC (100%)
Kemaman Oil Corporation Sdn. Bhd.
Asphalt Business - Domestic
Asphalt Business - International
TBC (99.99%)
TAC (100%)
Thai Bitumen Co., Ltd.
Tipco Asphalt (Cambodia) Co., Ltd.
RY (99.99%)
HR (100%)
Raycol Asphalt Co., Ltd.
Highway Resources Pte. Ltd.
ADCo (100%)
Asphalt Distribution Co., Ltd.
KBCE (100%)
KBC Energy Pte. Ltd.
ABS1/ (99.98%)
PT Asphalt Bangun Sarana
KBT (30%)
KBC Trading Sdn. Bhd.
TIH (100%)
Tasco International (Hong Kong) Ltd.
ZJ
Zhenjiang Tipco Asphalt Co., Ltd.
LF
Langfang Tongtai Road Material Co., Ltd.
(51%)
(51%)
GTT
(100%)
ABT
(50%)
Asia Bitumen Trading Pte. Ltd.
TMC (99.99%)
TSS (25%)
TS (99.99%)
TWS (100%)
Tipco Maritime Co., Ltd.
Tasco Shipping Co., Ltd.
Thai Slurry Seal Co., Ltd.
CS (40%) Colasie Co., Ltd.
Thanormwong Co., Ltd.
AMC (99.99%)
Alpha Maritime Co., Ltd.
DS (99.99%)
Delta Shipping Co., Ltd.
BMC (99.99%)
Bitumen Marine Co., Ltd.
ADS (100%)
RTL (100%)
Reta Link Pte. Ltd.
(100%)
Guangzhou Tipco Asphalt Trading Co., Ltd.
Construction Business
AD Shipping Pte. Ltd.
TX
Tipco Asphalt (Xinhui) Co., Ltd.
Marine Group
PBS (100%)
Pacific Bitumen Shipping Pte. Ltd.
1/ PT Asphalt Bangun Sarana (ABS) holds 100% of ordinary shares in PT Saranaraya Reka Cipta (SRC) and 49% in PT Sarana Distribusi Aspal Nusantara (SDAN)
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ANNUAL REPORT 2016 TIPCO ASPHALT PUBLIC COMPANY LIMITED