Notes to the Financial Statements - SingTel

Notes to the Financial StatementsFor the financial year ended 31 March 201145.5 Joint venture companies held by the Group (Cont’d)Percentage of effectiveCountry of equity interest heldName of joint venture company Principal activities incorporation by the Group2011 2010% %12. Grid Communications Provision of public trunk radio Singapore 50.0 50.0Pte Ltd (1)services13. Indian Ocean Cableship Leasing, operating and managing of Singapore 50.0 50.0Pte Ltdmaintenance-cum-laying cableship14. International Cableship Ownership and chartering of Singapore 45.0 45.0Pte Ltdcableships15. Main Event Television Pty Provision of cable television Australia 33.3 33.3Limitedprogrammes16. OPEL Networks Pty Limited Dormant Australia 50.0 50.017. Pacific Bangladesh Telecom Provision of mobile Bangladesh 45.0 45.0Limited (5)telecommunications, broadbandand data transmission services18. Pacific Carriage Holdings Operation and provision of Bermuda 40.0 40.0Limitedtelecommunications facilitiesand services utilising a networkof submarine cable systems19. PT Telekomunikasi Selular (6) Provision of mobile Indonesia 35.0 35.0telecommunications and relatedservices20. Radiance Communications Sale, distribution, installation and Singapore 50.0 50.0Pte Ltd (1)maintenance of telecommunicationsequipment21. Southern Cross Cables Operation and provision of Bermuda 40.0 40.0Holdings Limited (7)telecommunications facilities andservices utilising a network ofsubmarine cable systems22. TeleTech Park Pte Ltd Engaged in the business of Singapore 40.0 40.0development, construction,operation and management ofTeleTech ParkANNUAL REPORT 2010/2011 193