NOTES TO THE FINANCIAL STATEMENTS
For the Financial Year Ended 31 December 2014
47 SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES (CONT’D)
Country of
Incorporation
Principal
Place of
Business
Business
Effective
Shareholding
2014
2013
%
%
Subsidiaries
Held through subsidiaries:
SRE Venture 1 Pte. Ltd.
Singapore Singapore
Investment
89
–
SRE Venture 2 Pte. Ltd.
Singapore Singapore
Investment
89
–
SRE Venture 3 Pte. Ltd.
+
Singapore Singapore
Investment
89
–
SRE Venture 4 Pte. Ltd.
+
Singapore Singapore
Investment
89
–
SRE Venture 5 Pte. Ltd.
+
Singapore Singapore
Investment
89
–
SRE China 1 Pte. Ltd.
+
Singapore Singapore
Investment
89
–
SRE Capital Pte. Ltd.
+
Singapore
Singapore
Investment
89
–
ARA Summit Development Fund I, L.P.
(2)
Cayman Islands
–
Development fund
89
– (e)
Chongqing Xinchuang Mall Management
Co., Ltd.
(1)
People’s
Republic of
China
People’s
Republic of
China
Real estate
investment &
management
89
–
Sword Unit Trust
(1)
Australia
Australia
Property trust
100
100
Unicorn Square Limited
Ø
Singapore Singapore
Property
–
100
STC International Investment Holdings
Pte. Ltd.
Singapore Singapore Hotels & resorts
management
100
100
Shanghai Straits Trading Co., Ltd. (formerly
known as Shanghai Rendezvous Hotels
Management Co., Ltd.)
(1)
People’s
Republic of
China
People’s
Republic of
China
Hotels management
100
100 (d)
SL Tin Sdn. Bhd.
(6) ß
Malaysia
Malaysia
Tin mining
44
–
Malaysia Smelting Corporation
(Warehousing) Sdn. Bhd.
(1) ß
Malaysia
Malaysia
Tin warehousing
55
55
MSC Properties Sdn. Bhd.
(1) ß
Malaysia
Malaysia Property holding and
rental
55
55
Rahman Hydraulic Tin Sdn. Bhd.
(1) ß
Malaysia
Malaysia
Tin mining
55
55
Bemban Corporation Ltd.
ß
British Virgin
Islands
British Virgin
Islands
Investment holding
–
55 (c)
Kajuara Mining Corporation Pty. Ltd.
ß
Australia
Australia Investment holding
–
55 (c)
PT Bangka Resources
ß
Indonesia Indonesia
Dormant
–
55 (c)
Straits Resource Management Private
Limited
ß
Singapore Singapore Investment holding
55
55
PT MSC Indonesia
ß
Indonesia Indonesia Tin exploration and
mining
–
55
PT Koba Tin
ß
Indonesia Indonesia
Tin mining and
smelting
–
41 (c)
PT SRM Indonesia
(8) ß
Indonesia Indonesia
Providing tin
exploration,
management and
consulting services
54
54
Tertius Development Pte. Ltd.
Singapore Singapore
Property
100
100
169
THE STRAITS TRADING COMPANY LIMITED ANNUAL REPORT 2014