Annual Report 2011 - Food Junction

72
Notes to the Financial Statements (cont’d)
31 December 2011
4. Investment in subsidiary companies
Loan to subsidiary companies (cont’d)
Name of subsidiary
company Principal activities
Held by Food Junction Management Pte Ltd
(1) Food Junction Singapore
Pte Ltd
(2) T&W Food Junction
Sdn Bhd
(2) Food Culture Sdn Bhd
(currently dormant)
Annual Report
Sale of food and
beverage
Management of food
courts and operation
of food outlets
Management of food
courts and operation
of food outlets
(3) PT. FJ Square Indonesia Management of food
courts and operation
of food outlets
Held by Food Junction International Pte Ltd
(6) Food Junction Beijing
Co., Limited
Management of food
courts and operation
of food outlets
(3) PT. FJ Square Indonesia Management of food
courts and operation
of food outlets
(7) All Around Limited Investment holding
company
Held by Malones Holdings Pte. Ltd.
(4) Maibo Restaurant
Management (Shanghai)
Co., Limited
Management and
operation of
restaurants in
Shanghai
(5) Malone’s Limited Owns and manages
trademarks in Hong
Kong
Held by All Around Limited
(5) LCR Catering Services
Limited
Owns and operates a
restaurant
Country of
incorporation
and place of
business
Percentage of
equity held by
the Group
Cost of
investment
by the Company
2011 2010 2011 2010
% % $’000 $’000
Singapore 100 100 – –
Malaysia 100 100 – –
Malaysia 100 100 – –
Indonesia 0.01 0.01 – –
People’s
Republic of
China
100 100 – –
Indonesia 99.99 99.99 – –
British Virgin
Islands
People’s
Republic of
China
100 100 – –
100 100 – –
Hong Kong 100 100 – –
Hong Kong 90 90 – –