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September 2013

– BT Investment Pte. Ltd. incorporated as a wholly-

owned subsidiary of Baker Tech. An investment holding company

focused on exploring new business opportunities to increase the Group’s

revenue stream and expansion of Baker Tech’s product offerings through

acquisitions and strategic alliances.

OUR BUSINESS

BT Investment Pte. Ltd.

October 2016 – incorporated

a wholly-owned subsidiary,

BT

Titanium Pte. Ltd.

wh i ch

engages in the business of providing

offshore marine logistics support

services.

July 2018 - acquired 52.72% stake

in CH Offshore Ltd. (“CHO”). Baker

Tech’s stake in CHO increased to

54.98%

in September 2018.

June 2017 - incorporated an

indirect wholly-owned subsidiary,

BT Offshore (Malaysia) Pte

Ltd

, whichprovides offshoremarine

logistics support and services.

May 2018 -

BT Investment

and

BT Titanium

incorporated a

wholly-owned subsidiary in Brunei

Darussalam,

BTOffshore(B)Sdn

Bhd,

to provide offshore marine

logistics support and services.

August 2018 - incorporated a

wholly-owned subsidiary

BT

OSV 1 Pte. Ltd.

for ship owning

and provision of offshore marine

logistics support services.

September 2018 – incorporated

BT Offshore Management

Pte. Ltd.

which primary activities

include vessel chartering and ship

management services.

October 2018 - incorporated

Interseas Pte. Ltd.

a direct wholly-

owned subsidiary which deals with being a manufacturer and provider

of specialised marine offshore equipment and services for the oil and

gas industry.

08

B A K E R T E C H N O L O G Y

L I M I T E D