FRONTLINE COVER FA 070606 CR2.indd

frontline technologies corporation ltd
annual report 2006 73
> notes to the financial statement
for the year ended 31 march 2006
15. Subsidiaries (cont’d)
(b) Details of the subsidiaries are as follows (cont’d):
Country of
Percentage of
incorporation
equity held
and place
by the Group
Name Principal activities of business 2006 2005
% %
Held by the Company (cont’d)
Asia-Pacific Science Dormant Singapore 100 100
Technology Partnership
Pte Ltd *
FTI Ventures Pte Ltd * Investment holding Singapore 100 100
Company
Frontline Technologies (P.R.C) Dormant Singapore 100 100
Pte Ltd *
Green House Group Pte Ltd * Providing business Singapore 100 100
management and
consultancy services
Frontline Technologies Investment holding Malaysia 100 100
Corporation (M) Sdn Bhd. **
IT Holdings, Inc ### Investment holding Philippines 100 49 †
FTI, Inc # Dormant Mauritius 100 100
Accel Frontline Limited Sale of computer India 51 42 †
(formerly known as Accel hardware and peripherals,
ICIM Frontline Limited) ## providing system
integration solutions
and implementation
of customized and traded
software products
Held by Green House Group
Pte Ltd
Green House Exhibits Pte Ltd * Dormant Singapore 100 100
Frontline Practice Pte Ltd * Dormant Singapore 100 100
Green House Learning Dormant Singapore 100 100
Pte Ltd *
Green House Solution Dormant Malaysia 100 100
Sdn Bhd ** @@@