Annual Report 2012 - singapore land limited

96
Singapore Land Limited - Annual Report 2012
NOTES TO THE FINANCIAL STATEMENTS
For the fi nancial year ended 31 December 2012
34. LISTING OF SUBSIDIARY AND ASSOCIATED COMPANIES, AND JOINT VENTURES IN THE GROUP
(continued)
Associated companies
Country of
Principal incorporation/ The Group’s
activities business equity holding
2012 2011
% %
Marina Laundry Dormant Singapore 37 37
Private Limited
Brendale Pte. Ltd. # Property trading Singapore 35 35
Shanghai Jin Peng Realty Property trading People’s Republic 30 30
Co Ltd**
of China
Peak Venture Pte Ltd** Dormant Singapore 30 -
Aquamarina Hotel Private Limited Hotelier Singapore 27 27
Marina Bay Hotel Private Limited Hotelier Singapore 27 27
Novena Square Investments Ltd Property investment Singapore
++
20
++
20
Novena Square Development Ltd Property investment Singapore
++
20
++
20
Notes
#
+
++
A fellow subsidiary company under the same holding company, United Industrial Corporation Limited.
The remaining interest in this company is held by a subsidiary company of the holding company.
The remaining interests in these companies are held by companies in which certain directors have interests.
All the subsidiary and associated companies, and joint ventures are audited by PricewaterhouseCoopers LLP, Singapore except for the following:
*
**
##
^
Audited by the network of member fi rms of PricewaterhouseCoopers International Limited.
Audited by other auditors. These companies are not considered signifi cant associated companies under the SGX-ST Listing Manual.
Audited by Ernst & Young LLP, Singapore
Not required to be audited by the law of the country of incorporation.