101
ANNUAL REPORT 2015/2016
Notes to Financial Statements
21
INVESTMENTS IN SUBSIDIARIES (CONT’D)
Name of subsidiary
Principal activities
Country of
incorporation
and operation
Group’s
effective interest
2016
2015
%
%
Property development
4-$ $BNQTJF 1UZ -UE
(1)
1SPQFSUZ EFWFMPQFS
Australia
100
100
4UBNGPSE 1SPQFSUZ 4FSWJDFT
1UZ -JNJUFE
(1)
1SPQFSUZ
management
Australia
100
100
SNR Trust
(1)
1SPQFSUZ EFWFMPQFS
British Virgin
Islands
100
100
Stamford Raffles Trust
(1)
1SPQFSUZ EFWFMPQFS
British Virgin
Islands
100
100
,OPYWJMMF 5SVTU
1SPQFSUZ JOWFTUNFOU
British Virgin
Islands
100
100
)4) 1SPQFSUJFT 1UF -UE
1SPQFSUZ JOWFTUNFOU
Singapore
100
100
Trading
Singapore Wallcoverings Centre
1SJWBUF -JNJUFE
Wallcoverings and
interior design
Singapore
100
100
7PZBHFS 5SBWFM 1UF -UE
Travel agency
Singapore
100
100
