enl commercial limited annual report 2011 - Investing In Africa

Notes to the Financial Statements
Year ended June 30, 2011
7 INVESTMENTS IN SUBSIDIARY COMPANIES (continued)
(b) The subsidiary undertakings which are shown below are segmented as follows:
Country of
incorporation/ 2011 2010
registration Stated Class of Percentage held Percentage held
Name of corporation & operations Year end Main business capital shares Direct Indirect Direct Indirect
Rs’000 % % % %
Investment & management:
Société Réunion Mauritius June 30, Investment holding 8,620 Parts 100.0 - 100.0 -
Packestate Limited Mauritius June 30, Rental of industrial buildings 1,278 Ordinary 100.0 - 100.0 -
Commercial:
Anthurium & Orchids Limited
(note (c )) Mauritius June 30, Rental of office and shade houses 7,000 Ordinary - - 100.0 -
Axess Limited Mauritius June 30, Car dealer 150,000 Ordinary 100.0 - 100.0 -
Exotiflors Limited (note (c)) Mauritius June 30, Dormant 1,000 Ordinary - - - 100.0
Charabia Ltd (note (d)) Mauritius June 30, Providing interior decorating services 30 Ordinary 100.00 - - -
Grewals (Mauritius) Limited Mauritius June 30, Saw milling and timber merchants 74,432 Ordinary 100.00 - 98.96 -
Grewals Contracting Ltd Mauritius June 30, Joinery contracting 64,099 Ordinary - 100.00 - 98.96
Grewals Rodrigues Ltd Mauritius June 30, Timber merchant 400 Ordinary 75.0 24.74 75.0 24.74
Rennel Limited Mauritius June 30, Courier Service 6,000 Ordinary 100.0 - 100.0 -
Industry:
Cogir Limitée (note (e)) Mauritius June 30, Construction 11,000 Ordinary 56.00 - 35.00 -
Emballages Limited (note (f)) Mauritius June 30, Manufacture of stationery 1,109 Ordinary - - 99.77 -
Pack Plastics Limited Mauritius June 30, Manufacture of plastic products 3,100 Ordinary 99.97 - 99.97 -
Plastinax Austral Limitée
(note (e)) Mauritius June 30, Manufacture of sunglasses 73,202 Ordinary 58.81 - 34.18 -
(c) Anthuriums & Orchids Limited and Exotiflors Limited were disposed during the year.
(d) The group acquired 100% of Charabia Ltd during the year.
(e) Cogir Limitée and Plastinax Austral Limitée, previously associates of the group, are now subsidiaries.
(f) Emballages Limited was amalgamated with Pack Plastics Limited during the year.
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ENL Commercial Limited
Annual Report 2011