Annual Report 2012 - ecoWise Holdings Limited
Annual Report 2012 - ecoWise Holdings Limited
Annual Report 2012 - ecoWise Holdings Limited
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104<strong>ecoWise</strong> <strong>Holdings</strong> <strong>Limited</strong>annual report <strong>2012</strong>31 OCTOBER <strong>2012</strong>NOTES TO THE FINANCIAL STATEMENTS17. INVESTMENTS IN SUBSIDIARIES (CONTINUED)The subsidiaries held by the Group are listed below:EffectivePercentage ofEquityCountry ofHeld by GroupIncorporation/<strong>2012</strong> 2011Name of SubsidiaryPlace of OperationsPrincipal Activities% %Held by the CompanyAsia Cleantech Hub Pte. Ltd. (a) Singapore Investment holding 100 –(Incorporated on 6 January <strong>2012</strong>)Bee Joo Environmental Pte. Ltd. (a) Singapore General waste management services 100 100Bee Joo Industries Pte. Ltd. (a) Singapore Processing and recycling of usedcopper slag, horticultural and otherwaste and operating of biomass cogenerationplant100 100<strong>ecoWise</strong> Energy Pte. Ltd. (a) Singapore Renewable energy business 100 100<strong>ecoWise</strong> International Pte. Ltd. (a) Singapore International procurement and tradingof rubber related goods and researchand experimental development onenvironment and clean technologies100 100<strong>ecoWise</strong> Resources Pte. Ltd. (a) Singapore Processing and recycling of horticulturaland other waste100 100<strong>ecoWise</strong> Solutions Pte. Ltd. (a) Singapore Developing and commercialisingecology solutions, research anddevelopment of technologies relating toenvironmental solutions100 100<strong>ecoWise</strong> Ventures Pte. Ltd. (a) Singapore Investment holding 100 100Sunrich Resources Sdn. Bhd. (a) Malaysia Investment holding 100 100
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