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Annual Report 2012 - singapore land limited

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96<br />

Singapore Land Limited - <strong>Annual</strong> <strong>Report</strong> <strong>2012</strong><br />

NOTES TO THE FINANCIAL STATEMENTS<br />

For the fi nancial year ended 31 December <strong>2012</strong><br />

34. LISTING OF SUBSIDIARY AND ASSOCIATED COMPANIES, AND JOINT VENTURES IN THE GROUP<br />

(continued)<br />

Associated companies<br />

Country of<br />

Principal incorporation/ The Group’s<br />

activities business equity holding<br />

<strong>2012</strong> 2011<br />

% %<br />

Marina Laundry Dormant Singapore 37 37<br />

Private Limited<br />

Brendale Pte. Ltd. # Property trading Singapore 35 35<br />

Shanghai Jin Peng Realty Property trading People’s Republic 30 30<br />

Co Ltd**<br />

of China<br />

Peak Venture Pte Ltd** Dormant Singapore 30 -<br />

Aquamarina Hotel Private Limited Hotelier Singapore 27 27<br />

Marina Bay Hotel Private Limited Hotelier Singapore 27 27<br />

Novena Square Investments Ltd Property investment Singapore<br />

++<br />

20<br />

++<br />

20<br />

Novena Square Development Ltd Property investment Singapore<br />

++<br />

20<br />

++<br />

20<br />

Notes<br />

#<br />

+<br />

++<br />

A fellow subsidiary company under the same holding company, United Industrial Corporation Limited.<br />

The remaining interest in this company is held by a subsidiary company of the holding company.<br />

The remaining interests in these companies are held by companies in which certain directors have interests.<br />

All the subsidiary and associated companies, and joint ventures are audited by PricewaterhouseCoopers LLP, Singapore except for the following:<br />

*<br />

**<br />

##<br />

^<br />

Audited by the network of member fi rms of PricewaterhouseCoopers International Limited.<br />

Audited by other auditors. These companies are not considered signifi cant associated companies under the SGX-ST Listing Manual.<br />

Audited by Ernst & Young LLP, Singapore<br />

Not required to be audited by the law of the country of incorporation.

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