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Full Report - Fraser and Neave Limited

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NOTES TO THE FINANCIAL STATEMENTS<br />

for the year ended 30 September 2006<br />

42. SUBSIDIARY, JOINT VENTURE AND ASSOCIATED COMPANIES (cont’d)<br />

ASSOCIATED COMPANIES OF FRASERS CENTREPOINT GROUP<br />

180 <strong>Fraser</strong> <strong>and</strong> <strong>Neave</strong>, <strong>Limited</strong> & Subsidiary Companies Annual <strong>Report</strong> 2006<br />

Effective<br />

Shareholding<br />

2006 2005 Principal Activities<br />

Country of Incorporation <strong>and</strong> Place of Business: United Kingdom<br />

(C) Fairbrair Residential Investment Partnership 20.0% 20.0% Investment in Residential Property Fund<br />

[Accounting year ends on 31 December]<br />

(C) Fairdace <strong>Limited</strong> 33.3% 33.3% Property Ownership <strong>and</strong> Investment<br />

[formerly Pressdale Ltd]<br />

(C) FairBriar Holdings <strong>Limited</strong> 25.0% 25.0% Investment Holding<br />

[formerly BidFair <strong>Limited</strong>]<br />

(C) Islington Theatre Developments <strong>Limited</strong> 25.0% – Property Development<br />

Country of Incorporation <strong>and</strong> Place of Business: Singapore<br />

Hua Li Holdings Pte Ltd 45.7% 45.7% Investment Holding<br />

Country of Incorporation <strong>and</strong> Place of Business: Thail<strong>and</strong><br />

(A) Krungthep L<strong>and</strong> Public Company <strong>Limited</strong> 33.0% – Property Development<br />

ASSOCIATED COMPANIES OF TIMES PUBLISHING GROUP<br />

Country of Incorporation <strong>and</strong> Place of Business: Singapore<br />

(C) Learning Edvantage Pte Ltd 31.0% 31.0% Multi Media Publishing<br />

Country of Incorporation <strong>and</strong> Place of Business: China<br />

(C) Beijing Universal Times Culture Development Co Ltd 40.0% 40.0% Publishing<br />

[Accounting year ends on 31 December]<br />

SUBSIDIARY COMPANIES OF ASIA PACIFIC BREWERIES GROUP<br />

Country of Incorporation <strong>and</strong> Place of Business: Singapore<br />

Asia Pacific Breweries <strong>Limited</strong> 39.7% 37.4% Investment Holding <strong>and</strong> Management<br />

Services<br />

Asia Pacific Breweries (Singapore) Pte Ltd 39.7% 37.4% Brewing <strong>and</strong> Distribution of Beer<br />

<strong>and</strong> Stout<br />

Tiger Export Pte Ltd 39.7% 37.4% Export of Beer <strong>and</strong> Stout<br />

Archipelago Brewery Co (1941) Pte Ltd 39.7% 37.4% Dormant<br />

Tiger Marketing Pte Ltd 39.7% 37.4% Investment Holding<br />

Heineken-APB (China) Pte Ltd 44.8% 43.7% Investment Holding<br />

Country of Incorporation <strong>and</strong> Place of Business: Cambodia<br />

(C) Cambodia Brewery Ltd 31.8% 29.9% Brewing <strong>and</strong> Distribution of Beer<br />

Notes:<br />

(A) Audited by Ernst & Young in the respective countries.<br />

(B) Not required to be audited under the laws of the country of incorporation.<br />

(C) Audited by other firms of auditors.

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