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AUGUST

Incorporation of

wholly-owned

subsidiary - BT OSV

1 Pte. Ltd.

SEPTEMBER

Incorporation of

wholly-owned

subsidiary -

BT Offshore

Management

Pte. Ltd.

OCTOBER

Incorporation of

wholly-owned

subsidiary -

Interseas Pte. Ltd.

OCTOBER

Name changed from

Interseas Shipping

(Private) Limited to

Sea Hercules Cranes

Pte. Ltd.

March

Disposed of

remaining 49% stake

in York Transport

Equipment (Asia)

Pte Ltd.

June

Completed a

renounceable non-

underwritten rights

issue of 280.1 million

warrants at 1.0 cent

each.

July

Winner of Best

Annual Report

(Silver)* at the

Singapore Corporate

Awards.

August

Increased

investment in

Discovery Offshore

S.A. to 20%.

2012

2014

July

Winner of Best

Managed Board

(Gold)* and Best

Annual Report

(Silver)* at the

Singapore Corporate

Awards.

August

Listed on Forbes

Asia’s Best Under

a Billion and was

one of only seven

companies in

Singapore on

the list.

September

Incorporation of

wholly-owned

subsidiary - BT

Investment Pte. Ltd.

2016

July

Winner of Merit

(Most Improved

Category) Award

at SIAS Investors’

Choice Award.

OCTOBER

Incorporation of

wholly-owned

subsidiary - BT

Titanium Pte. Ltd.

April

Naming ceremony of

Baker Engineering’s

Blue Titanium

liftboat.

MAY

Incorporation of

wholly-owned

subsidiary - BT

Offshore (B)

Sdn Bhd

JULY

Winner of Best

Annual Report

(Silver)* award at

the Singapore

Corporate Awards.

JULY

Acquired 52.72%

stake in CH Offshore

Ltd. (54.98% as of

13 Sep)

2018

May

Incorporation of

wholly-owned

subsidiary - Baker

Engineering Pte. Ltd.

June

Disposal of 20%

stake in Discovery

Offshore S.A.

July

Winner of Best

Annual Report

(Bronze)* at the

Singapore Corporate

Awards.

september

Incorporation of

wholly-owned

subsidiary - BT

Investment Pte. Ltd.

2013

2015

July

Winner of Best

Annual Report

(Bronze)* at the

Singapore Corporate

Awards.

2017

JuNE

Incorporation of

wholly-owned

subsidiary - BT

Offshore (Malaysia)

Pte Ltd

July

Winner of Best

Annual Report

(Bronze)* at the

Singapore Corporate

Awards.

July

Winner of

Transparency (Small

& Mid Cap) Award at

the SIAS Investors’

Choice Award.

03

A N N U A L R E P O R T

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