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Listing of companies in the Group (Tables)

12 Months Ended

Dec. 31, 2025

Listing of companies in the Group

Schedule of listing of companies in the Group

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​	​	​	​	​	​	​	​	​	​	​	​
​	​	​ ​ ​	​	​	​ ​ ​	​	​ ​ ​	Effective	​ ​ ​	Effective
​	​	​	​	​	​	​	​	equity	​	equity
​	​	​	​	​	​	Country of	​	holding	​	holding
Name of companies	​	​	​	Principal activities	​ ​ ​	incorporation	​ ​ ​	2025	​ ​ ​	2024
(i)    Subsidiary held by the Company	​	​	​	​	​	​	​	​	​	​	​
BW LPG Holding Pte. Ltd. (formerly known as BW LPG Holding Limited)		​		Management		Singapore		100	%	100	%
(ii)   Subsidiaries held by BW LPG Holding Pte. Ltd.	​	​	​	​	​	​	​	​	​	​	​
BW LPG Technologies Pte. Ltd.		​		Investment holding		Singapore		100	%	100	%
BW LPG LLC		​		Management		United States		100	%	100	%
BW Gas LPG Chartering Pte. Ltd.		​		Chartering		Singapore		100	%	100	%
BW LPG Pool Pte. Ltd.		​		Chartering		Singapore		100	%	100	%
BW Constellation I Pte. Ltd.		​		Ship owning		Singapore		100	%	100	%
BW Constellation II Pte. Ltd.		​		Ship owning		Singapore		100	%	100	%
BW Constellation III Pte. Ltd. (formerly known as BW Seoul Pte. Ltd.)		​		Ship owning		Singapore		100	%	100	%
BW Okpo Pte. Ltd.		​		Ship owning		Singapore		100	%	100	%
BW VLGC Pte. Ltd.		(a)		Dormant		Singapore		100	%	100	%
BW LPG Kyoto Pte. Ltd.	​	(b)	​	Ship owning	​	Singapore	​	100	%	—	​
BW LPG Partners Pte. Ltd.		​		Ship owning		Singapore		100	%	100	%
LPG Kenya Pte. Ltd.		(a)		Dormant		Singapore		100	%	100	%
BW LPG India Pte. Ltd.		​		Management		Singapore		52	%	52	%
Aurora LPG Holding AS		(c)		Management		Norway		—	​	100	%
BW LPG AS		​		Management		Norway		100	%	100	%
BW LPG Product Services Pte. Ltd.		(d)		LPG Trading		Singapore		81	%	83	%
BW LPG Infrastructure Holding Ltd	​	(a)	​	Management	​	United Arab Emirates	​	100	%	100	%
BW LPG Shipping FZCO (formerly known as BW LPG Infrastructure DMCC)	​	(e)	​	Investment in Commercial Enterprises & Management	​	United Arab Emirates	​	100	%	—	​
(iii)  Subsidiaries held by BW LPG Product Services Pte. Ltd.		​		​		​		​		​	​
BW LPG Product Services S.L. (formerly known as Vilma Oil Trading, S.L.)		​		LPG Trading		Spain		81	%	83	%
Vilma Oil Singapore Pte. Ltd.		(a)		Dormant		Singapore		81	%	83	%
BW LPG Product Services (Norway) AS		​		Management		Norway		81	%	83	%
BW LPG Product Services USA LLC		​		LPG Trading		United States		81	%	83	%
(iv)  Subsidiary held by BW LPG AS		​		​		​		​		​	​
BW LPG Fleet Management AS		​		Management		Norway		100	%	100	%
(v)   Subsidiary held by BW LPG India Pte. Ltd.		​		​		​		​		​	​
BW Global United LPG India Private Limited		​		Ship owning		India		52	%	52	%
(vi)  Subsidiary held by BW LPG Infrastructure Holding Ltd	​	​	​	​	​	​	​	​	​	​	​
BW LPG Shipping FZCO (formerly known as BW LPG Infrastructure DMCC)	​	(e)	​	Investment in Commercial Enterprises & Management	​	United Arab Emirates	​	—	​	100	%
(vii)  Joint venture held by BW VLGC Pte. Ltd.		​		​		​		​		​	​
BW Confidence Enterprise Private Limited		(f)		LPG wholesaler		India		—	​	50	%
(viii) Joint venture held by BW LPG Shipping FZCO (formerly known as BW LPG Infrastructure DMCC).	​	​	​	​	​	​	​	​	​	​	​
BW Confidence Enterprise Private Limited	​	(f)	​	LPG wholesaler	​	India	​	50	%	—	​
(ix)  Subsidiary held by BW Confidence Enterprise Private Limited.	​	​	​	​	​	​	​	​	​	​	​
GBC LPG Private Limited	​	(g)	​	Dormant	​	India	​	50	%	25	%

(a) Companies in process of liquidation during the financial year

(b) Company was newly incorporated during the financial year

(c) Company has amalgamated with BW LPG AS during the financial year

(d) Changes in effective equity holding due to sales of shares of BW LPG Product Services Pte. Ltd. to certain employees during the financial year

(e) Company was transferred from BW LPG Infrastructure Holding Ltd to BW LPG Holding Pte. Ltd.

(f) Company was transferred from BW LPG VLGC Pte. Ltd. to BW LPG Shipping FZCO (formerly known as BW LPG Infrastructure DMCC)

(g) BW Confidence Enterprise Private Limited acquired the remaining shares in GBC LPG Private Limited during the financial year

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- References

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- Definition

The disclosure of the composition of the group (the parent and all its subsidiaries). [Refer: Total for all subsidiaries [member]; Parent [member]]

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Name IFRS
-Number 12
-IssueDate 2025-01-01
-Paragraph 10
-Subparagraph a
-Clause i
-URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=12&code=ifrs-tx-2025-en-r&anchor=para_10_a_i&doctype=Standard
-URIDate 2025-03-27

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