Page 161 - ar2012

Notes to the Financial Statements
For the Financial Year Ended 31 December 2012
The Straits Trading Company Limited ANNUAL REPORT 2012 159 /
46 SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES (CONT’D)
Effective Cost of
shareholding % investment
Country of 2012 2011 2012 2011
Incorporation Business % % $’000 $’000
Subsidiaries
Held through subsidiaries:
Rendezvous India Hospitality
Private Limited Ø
India Hotel management – 100
Rendezvous Properties Private Limited Singapore Property 100 100
Straits Tinfields Private Limited Ø Singapore Tin Mining – 100
Straits Trading Private Limited Ø Singapore Property – 100
Straits Trading Amalgamated Resources
Sendirian Berhad *
Malaysia Investment 100 100
Straits Unit Trust Ø Australia Property Trust – 100
Sword Properties Pty Ltd * Australia Trustee Company 100 100
Sword Unit Trust * Australia Property Trust 100 100
Unicorn Square Limited Singapore Property 100 100
Rendezvous Hotels Asia Private Limited Singapore Hotels & resorts
management
100 100
Shanghai Rendezvous Hotels
Management Co Ltd *
People’s
Republic of
China
Hotels management 100 100
Malaysia Smelting Corporation
(Warehousing) Sdn. Bhd. * ß
Malaysia Tin warehousing 55 55
MSC Properties Sdn. Bhd. * ß Malaysia Property holding and
rental
55 55
Rahman Hydraulic Tin Sdn. Bhd. * ß Malaysia Tin mining 55 55
Bemban Corporation Ltd. * ß British Virgin
Islands
Investment holding 55 55
Kajuara Mining Corporation Pty. Ltd. * ß Australia Investment holding 55 55
PT Bangka Resources ** ß Indonesia Dormant 55 55
Straits Resource Management Private
Limitedß
Singapore Investment holding 55 55
PT MSC Indonesia * ß Indonesia Tin exploration and
mining
55 55
PT Koba Tin * ß Indonesia Tin mining and
smelting
41 41
PT SRM Indonesia ** ß Indonesia Providing tin
exploration,
management and
consulting services
54 54
Tertius Development Pte Ltd Singapore Property 100 100