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REPORTS
31 GROUP ENTITIES (CONT’D)
Name of subsidiaries
Place of
incorporation
Effective equity
interest held by the
HBT Group and the
Stapled Group
2016
2015
%
%
Subsidiaries of HBT
(2)
CDL HBT Oceanic Holdings Pte. Ltd.
Singapore
100
100
(2)
CDL HBT Hanei Pte. Ltd.
Singapore
100
100
(2)
CDL HBT Cambridge City Pte. Ltd.
Singapore
100
100
Subsidiary of CDL HBT Oceanic Holdings Pte. Ltd.
(1)
CDL HBT Oceanic Ltd
British Virgin Islands
100
100
Subsidiary of CDL HBT Oceanic Ltd
(2)
CDL HBT Oceanic Two Ltd
British Virgin Islands
100
100
Subsidiary of CDL HBT Oceanic Two Ltd
(3)
CDL HBT Oceanic Maldives Private Limited
Maldives
100
100
Subsidiary of CDL HBT Hanei Pte. Ltd.
(3)
AKO GK
Japan
100
100
Subsidiary of CDL HBT Cambridge City Pte. Ltd.
(3)
CDL HBT Cambridge City (UK) Ltd
England and Wales
100
100
Subsidiary of CDL HBT Cambridge City (UK) Ltd
(3)
CDL HBT Cambridge City Hotel (UK) Ltd
England and Wales
100
100
(1)
Not required to be audited under the laws of the country of incorporation/constitution.
(2)
Audited by KPMG LLP, Singapore.
(3)
Audited by other member firms of KPMG International.
NOTES TO THE FINANCIAL STATEMENTS
193
Annual Report 2016