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Annual Report 2006 - Venture Corporation Limited

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notes to financial statements<br />

December 31, <strong>2006</strong><br />

11 INVESTMENTS IN SUBSIDIARIES (Cont’d)<br />

Name of<br />

Subsidiaries<br />

Univac Precision, Inc.<br />

(wholly-owned subsidiary<br />

of Univac Precision<br />

Engineering Pte Ltd) (4)<br />

Country of<br />

Incorporation<br />

and Operation<br />

United States<br />

of America<br />

Proportion of<br />

Ownership<br />

Cost of<br />

Investment<br />

Interest and<br />

Voting Power Held Principal Activities<br />

<strong>2006</strong> 2005 <strong>2006</strong> 2005<br />

$’000 $’000 % %<br />

- - 100 100 Design, customisation and<br />

marketing of tool-making<br />

and precision engineering<br />

solutions<br />

Univac Design &<br />

Engineering Pte Ltd<br />

(a subsidiary of Univac<br />

Precision Engineering<br />

Pte Ltd) (2) Singapore - - 81.6 80.5 Investment holding<br />

Univac Precision Plastics<br />

(Shanghai) Co., Ltd<br />

(wholly-owned subsidiary<br />

of Univac Design &<br />

Engineering Pte Ltd) (3)<br />

Univac Precision Plastics<br />

(SIP) Co., Ltd<br />

(wholly-owned subsidiary<br />

of Univac Design &<br />

Engineering Pte Ltd) (3)<br />

People’s<br />

Republic<br />

of China<br />

People’s<br />

Republic<br />

of China<br />

- - 81.6 80.5 Manufacture of plastic<br />

injection moulds and<br />

mouldings with secondary<br />

processes and<br />

sub-assembly<br />

- - 81.6 80.5 Dormant<br />

GES International Ltd Singapore 961,516 - 100 - Investment holding and<br />

provision of management<br />

services<br />

GES (Singapore) Pte Ltd<br />

(wholly-owned subsidiary<br />

of GES International Ltd)<br />

GES Investment Pte Ltd<br />

(wholly-owned subsidiary<br />

of GES International Ltd)<br />

Singapore - - 100 - Provision of manufacturing<br />

services for Original Design<br />

and Manufacture and<br />

Electronic Manufacturing<br />

Services<br />

Singapore - - 100 - Investment holding and<br />

provision of administrative<br />

and technical services to a<br />

subsidiary<br />

Shanghai GES Information<br />

Technology Co., Ltd (1)<br />

(wholly-owned subsidiary<br />

of GES (Singapore)<br />

Pte Ltd)<br />

GES US (New England) Inc<br />

(wholly-owned subsidiary<br />

of GES Investment Pte<br />

Ltd) (4)<br />

People’s<br />

Republic<br />

of China<br />

United States<br />

of America<br />

- - 100 - Provision of manufacturing<br />

services for Original<br />

Design and Manufacture<br />

and Electronic<br />

Manufacturing services<br />

- - 100 - Provision of manufacturing<br />

services to electronics<br />

equipment manufacturers<br />

62 venture corporation limited

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