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Notes to the Financial Statements - SingTel

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<strong>Notes</strong> <strong>to</strong> <strong>the</strong> <strong>Financial</strong> <strong>Statements</strong>For <strong>the</strong> financial year ended 31 March 201145.1 Significant subsidiaries incorporated in Singapore (Cont’d)Percentage of effectiveName of subsidiary Principal activities equity interest held by <strong>the</strong> Group2011 2010% %14. <strong>SingTel</strong> Investments Private Limited Portfolio investment holding 100 10015. <strong>SingTel</strong> Mobile Singapore Operation and provision of cellular mobile 100 -Pte. Ltd. (1)telecommunications systems and services,resale of fixed line and broadband services16. <strong>SingTel</strong> Ventures (Singapore) Investment holding 100 100Private Limited17. <strong>SingTel</strong>Sat Pte Ltd Provision of satellite capacity for 100 100telecommunications and video broadcastingservices18. <strong>SingTel</strong> Singapore Pte. Ltd. Investment holding and provision of business 100 -and management consultancy services19. ST-2 Satellite Ventures Provision of satellite capacity for 61.9 61.9Private Limitedtelecommunications and video broadcastingservices20. Subsea Network Services Pte Ltd Ownership and chartering of barges and 100 100provision of s<strong>to</strong>rage facilities for submarinecables and related equipment21. Sembawang Cable Depot Pte Ltd Provision of s<strong>to</strong>rage facilities for submarine 60 60cables and related equipment22. <strong>SingTel</strong> Digital Media Pte Ltd Development and management of on-line 100 100internet portal23. Telecom Equipment Pte Ltd Engaged in <strong>the</strong> sale and maintenance of 100 100telecommunications equipmentNote:(1) With effect from 1 Oc<strong>to</strong>ber 2010, <strong>the</strong> mobile business was transferred from Singapore Mobile Pte Ltd <strong>to</strong> <strong>SingTel</strong> Mobile Singapore Pte. Ltd.,which was incorporated during <strong>the</strong> financial year.ANNUAL REPORT 2010/2011 185

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