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BAHRAIN'S PEARL OF GREAT PRIDE - Batelco Group

BAHRAIN'S PEARL OF GREAT PRIDE - Batelco Group

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69 <strong>Batelco</strong> - Annual Report 20101. BACKGROUND AND ACTIVITIESCompany Country of incorporation Shareholding (%)<strong>Batelco</strong> Middle East Company SPC Kingdom of Bahrain 100 Kingdom of Bahrain 100 Kingdom of Jordan Kingdom of Jordan 100 BMIC Limited Mauritius 100Associates STEL Private Limited India 2. BASIS <strong>OF</strong> PREPARATION(a) Statement of compliance IFRS 3 – Business combinations• • • • •

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