148 CSE GLOBAL LIMITED NOTES TO THE FINANCIAL STATEMENTS For the financial year ended 31 December 2023 3. GROUP COMPANIES (CONT’D) Name of Company (Country of incorporation) Principal activities (Place of business) Effective equity interest held by the Group 2023 2022 % % Held by CSE Global (Americas) Pte Ltd i CSE (Americas) Pte Ltd (Singapore) Investment holding (Singapore) 100 100 iii Converge Resources Inc (America) Sale and provision of contracting resources and permanent placement for niche technical resources (America) 70 70 iii W-Industries De Moçambique, Lda (Mozambique) Sale and provision of integration services (Mozambique) 100 100 iii CSE W-Industries De Mexico, S. de R.L. de C.V. (Mexico) Sale and provision of system integration and engineering services (Mexico) 100 100 Held by CSE (Americas) Pte Ltd iv CSE Americas, Inc (America) Sale and provision of system integration services and investment holding (America) 100 100 iv Industrias W de Mexico, SA de C.V. (Mexico) Sale and provision of system integration services (Mexico) 100 100 iii W-Industries De Moçambique, Lda (Mozambique) Sale and provision of integration services (Mozambique) 100 100 iii CSE W-Industries De Mexico, S. de R.L. de C.V. (Mexico) Sale and provision of system integration and engineering services (Mexico) 100 100 Held by CSE Americas, Inc iii CSE W-Industries, Inc (America) Sale and provision of system integration services and investment holding (America) 100 100 iv CSE ICON, Inc (America) Sale and provision of system integration services (America) 100 100 iii Blackstar Services, LLC (America) Design and development of water treatment and disposal technology (America) 100 100
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