

REPORTS
31 GROUP ENTITIES
The HBT Group and the H-REIT Group have equity investments in subsidiaries.
Details of the significant subsidiaries are as follows:
Name of subsidiaries
Place of
incorporation
Effective equity
interest held by the
H-REIT Group and the
Stapled Group
2016
2015
%
%
Subsidiaries of H-REIT
(1)
CDLHT (BVI) One Ltd
British Virgin Islands
100
100
(1)
CDLHT (BVI) Trust One
–
100
100
(3)
Sunshine Hotels Australia Pty Ltd
Australia
100
100
(2)
CDLHT MTN Pte. Ltd.
Singapore
100
100
(1)
CDLHT Sunshine Limited
British Virgin Islands
100
100
(1)
CDLHT Sunrise Limited
British Virgin Islands
100
100
(1)
CDLHT Two Limited
British Virgin Islands
100
100
(1)
CDLHT Sanctuary Limited
British Virgin Islands
100
100
(2)
CDLHT Oceanic Holdings Pte. Ltd.
Singapore
100
100
(2)
CDLHT Hanei One Pte. Ltd.
Singapore
100
100
(2)
CDLHT Hanei Two Pte. Ltd.
Singapore
100
100
Subsidiaries of CDLHT Sunshine Limited
(1)
Sun One Investments Limited
British Virgin Islands
100
100
(1)
Sun Two Investments Limited
British Virgin Islands
100
100
(1)
Sun Three Investments Limited
British Virgin Islands
100
100
(1)
Sun Four Investments Limited
British Virgin Islands
100
100
Subsidiary of Sun One Investments Limited
(1)
Sun Trust One
–
100
100
Subsidiary of Sun Two Investments Limited
(1)
Sun Trust Two
–
100
100
Subsidiary of Sun Three Investments Limited
(1)
Sun Trust Three
–
100
100
Subsidiary of Sun Four Investments Limited
(1)
Sun Trust Four
–
100
100
Subsidiary of CDLHT Sanctuary Limited
(3)
Sanctuary Sands Maldives Private Limited
Maldives
100
100
Subsidiary of CDLHT Oceanic Holdings Pte. Ltd.
(1)
CDLHT Oceanic Ltd
British Virgin Islands
100
100
Subsidiary of CDLHT Oceanic Ltd
(1)
CDLHT Oceanic Two Ltd
British Virgin Islands
100
100
Subsidiary of CDLHT Oceanic Two Ltd
(3)
CDLHT Oceanic Maldives Private Limited
Maldives
100
100
Subsidiary of CDLHT Hanei Two Pte. Ltd.
(3)
CDLHT Hanei Tokutei Mokuteki Kaisha
Japan
100
100
NOTES TO THE FINANCIAL STATEMENTS
192