CORPORATE STRUCTURE

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Quest Technology Sdn. Bhd.
Raya Consumable Sdn. Bhd.
* Quest System & Engineering Sdn. Bhd.
* Quest Equipment & Services Sdn. Bhd.
Straits Bulkers Maritime Sdn. Bhd
Straits Port Management Sdn. Bhd. (“SPM”)
- Fajar Maritime Sdn. Bhd. (“FML”)(60% owned by SPM)
# Victoria STS (Labuan) Sdn. Bhd. (70% owned by FML)
- Megah Port Management Sdn. Bhd.
(51% owned by SPM)

Incorporated in Labuan
Pan Management Services Ltd. (formerly known as Pan Logistics Ltd.)
TMD Straits Ltd.
TMD Sturgeon Ltd.
70%
Straits Alliance Transport Sdn. Bhd. (“SAT”)
- Straits Alliance Tech Sdn. Bhd. (formerly known as Envair Energy Sdn. Bhd.)
(100% owned by SAT)

Tumpuan Megah Development Sdn. Bhd. (“TMD”)
- SMF (26% owned by TMD)

Incorporated in Labuan
(100% owned by TMD)
- Cavalla Asia Ltd.
- Dolphin Asia Ltd.
- Escolar Asia Ltd.
- Oscar Asia Ltd.
- Phoenix Asia Ltd. (formerly known as Omura Asia Ltd.)
- S3 Asia Ltd.
67%
Straits Marine Fuels & Energy Sdn. Bhd. (“SMF”)

Incorporated in Labuan
(100% owned by SMF)
- SMF Beluga Ltd.
- SMF Begonia Ltd.
- SMF Ixora Ltd.
- SMF Omura Ltd.
- SMF Eden Maritime Ltd.
(51% owned by SMF)
- Sierra Pioneer Marine Ltd.
- Katsu Pioneer Marine Ltd.
51%
Selatan Bunker (M) Sdn. Bhd.

Incorporated in Singapore
Straits Marine Services Pte. Ltd.("SMS")
- Straits Maritime Services Pte. Ltd.(100% owned by SMS)

38%
Incorporated in British Virgin Islands
Banle International Group Limited ("BIG")
Incorporated in Hong Kong
- Banle Energy International Limited ("Banle")
(100% owned by BIG)

# Reliance (China) Limited
(100% owned by Banle)

* in the process of striking off