notes to financial statements - the grande holdings limited
notes to financial statements - the grande holdings limited
notes to financial statements - the grande holdings limited
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68<strong>notes</strong> <strong>to</strong><strong>financial</strong> <strong>statements</strong>31 December 200338. PARTICULARS OF PRINCIPAL SUBSIDIARIESThe table below lists <strong>the</strong> subsidiaries of <strong>the</strong> Company which, in <strong>the</strong> opinion of <strong>the</strong>direc<strong>to</strong>rs, principally affected <strong>the</strong> results of <strong>the</strong> year or formed a substantial portion of<strong>the</strong> net assets of <strong>the</strong> Group. To give details of o<strong>the</strong>r subsidiaries would result inparticulars of excessive length.NominalPlace of value of issued Percentageincorporation/ ordinary share/ of equityregistration registered attributable PrincipalName and operations capital <strong>to</strong> <strong>the</strong> Group activities2003 2002Directly held:Broadland Investments British Virgin US$106 100% 100% InvestmentLimited Islands holdingThe Grande Capetronic British Virgin US$100 100% 100% InvestmentHoldings Limited Islands holdingThe Grande (Nominees) British Virgin US$1 100% 100% InvestmentLimited Islands holdingThe Grande (Secretaries) British Virgin US$1 100% 100% InvestmentService Limited Islands holdingThe Grande Group Limited * Singapore S$5,000,000 100% 100% Provision ofmanagementservicesGrande N.A.K.S. Limited British Virgin US$10,000 100% 100% InvestmentIslandsholdingThe Grande Industries Limited British Virgin US$101 100% 100% InvestmentIslandsholdingThe Grande Capital Group British Virgin US$1 100% — CorporateLimited Islands finance andinvestmentholding* Audited by certified public accountants o<strong>the</strong>r than Deloitte Touche Tohmatsu.
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