BakerAR_2012 - page 164

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Baker Technology Limited (“Baker Tech”) is an investment
holding company focused mainly on the offshore oil and
gas industry. Its key operating subsidiary, Sea Deep Shipyard
Pte. Ltd. (“SeaDeep”), is a leadingmanufacturer andprovider
of specialised equipment and engineering solutions to oil
companies and rigbuilders inAsiaPacificand theMiddleEast.
The Group incorporated two wholly-owned subsidiaries,
Baker Engineering Pte. Ltd. (“Baker Engineering”) and BT
Investment Pte. Ltd. (“BT Investment”) in 2013, which will
increase the Group’s market presence and expertise within
the offshore oil and gas industry. Baker Engineering’s focus is
on the design and fabricationof components and equipment
for the offshore oil and gas sector, while BT Investment will
explore acquisitions and strategic alliances.
Baker Tech has built up advanced engineering capabilities
and an outstanding reputation for innovation, quality, and
reliability. The Group will continue to leverage this, whilst
exploring strategic opportunities and partnerships to extend
its reach into newmarkets, in order to enhance returns for
shareholders. TheGroupbelieves inadhering tobest practices
in corporategovernance, aswell asdeveloping itspeople, and
being a responsible corporate citizen.
CorporateStructure
BAKERTECHNOLOGYLIMITED
ANNUALREPORT2013
SeaDeep Shipyard
Pte. Ltd.
100%
Baker Engineering
Pte. Ltd.
100%
BT Investment
Pte. Ltd.
100%
Corporate
Baker
Technology
Limited
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