NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2015
158
THE STRAITS TRADING COMPANY LIMITED
46.
SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES (CONT’D)
Effective
Shareholding
Country of
2015
2014
Incorporation
Business
%
%
Associates
Held by the Company:
Johan Kekal Sendirian Berhad
ØØ
(Accounting year ended 31 December)
Malaysia
Property
development
45
45
Taiko–Straits Developments Sdn. Bhd.
(1)
(Accounting year ended 30 June)
Malaysia
Property
development
30
30
Associates
Held through subsidiaries:
Guilin Hinwei Tin Co Ltd.
ß ++++
(Accounting year ended 31 December)
People’s
Republic of
China
Dormant
19
19
Redring Solder (M) Sdn. Bhd.
(1) ß
(Accounting year ended 31 December)
Malaysia
Manufacture
and sale
of solder
products
22
22
ARA Asset Management Limited
(2)
(Accounting year ended 31 December)
Bermuda
Asset/Fund
management
20
20 (g)
Far East Hospitality Holdings Pte. Ltd.
(4)
(Accounting year ended 31 December)
Singapore
Owner, operator
and manager
of hospitality
properties
30
30
ARA Harmony Fund III, L.P.
(Accounting year ended 31 December)
(2)
Cayman Islands
Investment
36
– (h)
Greater Tokyo Office Fund (Jersey) L.P.
(Accounting year ended 31 December)
(3)
Jersey
Investment
42
– (i)
Joint Ventures
Held through subsidiaries:
Coastal Coffees Pty Ltd
(3)
(Accounting year ended 30 June)
Australia
Restaurant
50
50
KM Resources, Inc.
(1) ß +
(Accounting year ended 31 December)
Labuan, Malaysia
Investment
holding
16
16
Africa Smelting Corporation Sprl
(5) ß ++
(Accounting year ended 31 December)
Democratic
Republic of
Congo
Tin smelting
22
22
