129
ANNUAL REPORT 2014
6 SUBSIDIARIES (CONT'D)
Effective equity
Effective equity interest held by Effective equity
Place of
interest held by
the H-REIT
interest held by
Name of subsidiaries
incorporation the HBT Group
Group
the Stapled Group
2014 2013 2014 2013 2014 2013
% % % % % %
Subsidiaries of HBT
(3)
CDL HBT Oceanic
Singapore
100
100
–
–
100
100
Holdings Pte. Ltd.
(3)
CDL HBT Hanei Pte. Ltd.
Singapore
100
–
–
–
100
–
Subsidiary of CDL HBT
Oceanic Holdings Pte. Ltd.
(1)
CDL HBT Oceanic Ltd
British Virgin 100
100
–
–
100
100
Islands
Subsidiary of CDL HBT Oceanic Ltd
(1)
CDL HBT Oceanic Two Ltd British Virgin 100
100
–
–
100
100
Islands
Subsidiary of CDL HBT Oceanic Two Ltd
(5)
CDL HBT Oceanic
Maldives
100
100
–
–
100
100
Maldives Private Limited
Subsidiary of CDL HBT Hanei Pte. Ltd.
(5)
AKO GK
Japan
100
–
–
–
100
–
(1)
Not required to be audited under the laws of the country of incorporation/constitution.
(2)
Constituted by CDLHT (BVI) One Ltd under a Trust Deed incorporation on 23 November 2006.
(3)
Audited by KPMG LLP, Singapore.
(4)
Constituted by Sunshine Hotels Australia Pty Ltd under a Trust Deed on 26 January 2010.
(5)
Audited by other member firms of KPMG International.
NOTES TO THE FINANCIAL STATEMENTS