Joint Venture & Subsidiary Company

Name and Details of Company Type of business Registered Capital Number of shares issued Par Value Paid-up Capital % of Shareholding by the Company
N.T.L. Marine Company Limited (NTL)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Marine transportation
of petroleum products.
1,200,000,000
Baht
12,000,000
shares
100
Baht
1,200,000,000
Baht
99.99
Thaimarine Tanker Company Limited (TMT)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Marine transportation
of petroleum products.
180,000,000
Baht
1,800,000
shares
100
Baht
180,000,000
Baht
99.99
Phurich Marine Company Limited (PM)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Marine transportation
of petroleum products.
1,000,000
Baht
10,000
shares
100
Baht
1,000,000
Baht
99.99
Protea Investments Group Limited (PIG)

Tortola Pier Park, Building 1, Second Floor,
Wickhams Cay I, Road Town,
British Virgin Islands
Investment company
and international marine transportation service
of pertroleum products
10,000
Baht
10,000
shares

USD
10,000
USD
100
Big Sea Company Limited (BIG Sea)

454 Rama III Road, Bang Klo Sub-
District, Bang Kho Laem District,
Bangkok 10120
Tel.: (66) 2292 2761
Fax: (66) 2292 0365
Marine transportation
of petroleum products.
360,000,000
Baht
360,000
shares
1,000
Baht
360,000,000
Baht
80.00
Nathalin Management Company Limited (NMC)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Ship management services. 8,500,000
Baht
85,000
shares
100
Baht
8,500,000
Baht
99.99
BSC Management Seafarer Recruitment Company Limited (BSC)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2746 9981-2
Fax: (66) 2746 9983
Manning agency and ticket agency. 5,500,000
Baht
55,000
shares
100
Baht
5,500,000
Baht
99.99
Nathalin Shipping Pte. Ltd. (NSSG)

6 Temasek Boulevard,
#32-03 Suntec Tower Four,
Singapore (038986)

Tel: (65) 6361 0382
Fax: (65) 6361 0377
Ship management services. 30,000,000
Singapore Dollars
30,000,000
shares
1
Singapore Dollars
30,000,000
Singapore Dollars
87.50
Amity Asset Management Inc. (AAM)

PH Sortis Business Tower, 57 East
Street, Obarrio, Panama City, Republic
of Panama, P.O. Box 0843-02200
Tel.: (507) 399-8713
Fax: (507) 399-8731
Marine transportation
of petroleum products.
10,000
USD
10,000
USD
1
USD
10,000
USD
87.50
Singha Tankers Company Limited (SHT)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Marine transportation
of petroleum products.
1,200,000,000
Baht
12,000,000
shares
100
Baht
1,200,000,000
Baht
51.00 (2)
Name and Details of Company Type of business Registered Capital Number of shares issued Par Value Paid-up Capital % of Shareholding by the Company
Bongkot Marine Services Company Limited (BMS)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Marine transportation
of petroleum products.
240,000,000
Baht
2,400,000
shares
100
Baht
144,400,000
Baht
70.00
TOP-NTL Pte. Ltd. (TNTL)

6 Temasek Boulevard,
#32-03 Suntec Tower Four,
Singapore (038986)
Ship management services. 20,000
Singapore Dollars
20,000
shares
1
Singapore Dollars
20,000
Singapore Dollarsr
50.00
TOP-NTL Shipping Trust (TST)

Singapore
Funds for domestic and international transportation. 1,894,000
Singapore Dollars
- - - 50.00
TOP Nautical Star Company Limited (TNS)

80 Soi Bangna-Trad 30,
Debaratna Road,
Bangna Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2016 0190-4
Fax: (66) 2016 0199
Marine transportation
of petroleum products.
150,000,000
Baht
1,500,000
shares
100
Baht
150,000,000
Baht
35.00 (3)
Name and Details of Company Type of business Registered Capital Number of shares issued Par Value Paid-up Capital % of Shareholding by the Company
T.I.M. Ship Management Company Limited (TIM)

223/18-20 Country Complex Tower,
Sanphawut Road,
Bangna-Tai Sub-District,
Bangna District,
Bangkok 10260

Tel: (66) 2745 7711-2
Fax: (66) 2745 7713
Ship management services. 3,000,000
Baht
30,000
shares
100
Baht
3,000,000
Baht
33.33
TMN Co., Ltd. (TMN)

3354/50 Manorom Bldg.,
15 Fl., Rama IV Rd.,
Klongtan, Klongtoey,
Bangkok 10110

Tel: (66) 2671 7200
Fax: (66) 2671 5200
Marine transportation
of petroleum products
666,000,000
Baht
66,600,000
shares
10
Baht
666,000,000
Baht
12.70 (4)

Remark:
  1. Information as of 28 February 2021
  2. The Company direct holding 51% in SHT and indirect holding 49% in SHT through NSSG, resulting in the Company’s effective shareholding proportion in SHT for 93.9%.
  3. The Company direct holding 35% in TNS and indirect holding 49% in TNS through TST, resulting in the Company’s effective shareholding proportion in TNS for 50.0%.
  4. The Company direct holding 12.70% in TMN and indirect holding 12.16% in TNS through NTL, TMT, and SHT, resulting in the Company’s effective shareholding proportion in TMN for 24.67%.