114
STAMFORD LAND CORPORATION LTD
24 INVESTMENTS IN SUBSIDIARIES (CONT’D)
Name of subsidiary
Principal activities
Country of
incorporation
and operation
Group’s
effective
interest
2015
%
2014
%
Trading
Singapore Wallcoverings Centre
(Private) Limited
General importers,
exporters in
wallcoverings and
interior decorations
Singapore
100
100
Varimerx S.E. Asia Pte Ltd
Liquidated during the
year
Singapore
–
100
Voyager Travel Pte Ltd
Travel agency
Singapore
100
100
Others
HSH Tanker Inc.
Dormant
Panama
100
100
Stamford Land Management Pte Ltd
Management and
consultancy services
Singapore
100
100
Stamford Land (International) Pte Ltd
Dormant
Singapore
100
100
Stamford F&B Pty Ltd
+
Dormant
Australia
100
–
All subsidiaries are audited by KPMG LLP, Singapore except as indicated.
(1)
Audited by KPMG, Sydney
(2)
Audited by KPMG, Auckland
+ Not required to be audited as it is dormant
NOTES TO THE FINANCIAL STATEMENTS
