CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2021 FINANCIALS 260 261 NOTES TO THE FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2021 YEAR ENDED 31 DECEMBER 2021 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2021 2020 % % Direct/Indirect Subsidiaries of the Company (cont’d) * Ellinois Management Services Pte. Ltd. Asset/portfolio management Singapore 100 100 * Empire City Consultant Pte Ltd Management of properties Singapore 100 100 ^ Finite Properties Investment Limited Property owner and developer Jersey 100 100 * Glades Properties Pte. Ltd. Property owner, developer and investment holding Singapore 100 100 * Gemini One Pte. Ltd. Hotel operator Singapore 100 100 * Gemini One Trust Property owner and developer Singapore 100 100 * Grange 100 Pte. Ltd. Property owner Singapore 100 100 * Guan Realty (Private) Limited Property owner and developer Singapore 100 100 ^ Hoko Mina Pty Ltd Property owner and developer Australia 100 100 * Hong Leong Properties Pte. Limited Property owner Singapore 100 100 ** Highline Investments LP Property owner United Kingdom 100 100 ** Iconique Tokutei Mokuteki Kaisha Asset management Japan 100 100 * Ingensys Pte. Ltd. Systems integration activities Singapore 100 100 ^ Jayland Properties Limited Property owner and developer Jersey 100 100 ** Krungthep Rimnam Limited Hotel business Thailand 49 (b) 49 (b) ^ Landco Properties Limited Property owner Jersey 100 100 * Land Equity Development Pte Ltd Property owner Singapore 100 100 ** Lingo Enterprises Limited Property holding and property investment Singapore/ Hong Kong 100 100 ^ Melvale Holdings Limited Investment holding and property developer Jersey 100 100 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2021 2020 % % Direct/Indirect Subsidiaries of the Company (cont’d) ** Millennium & Copthorne Hotels Limited Investment holding United Kingdom 100 100 ** 125 OBS Limited Partnership Property holding United Kingdom 100 100 * Novel Developments Pte. Ltd. Property owner and developer Singapore 100 100 ^ Paradise Investments Limited Property owner and developer Jersey 100 – * Pavo Properties Pte. Ltd. Property owner and developer Singapore 60 60 ** Phuket Square Co., Ltd. Retail and hotel business Thailand 49(b) 49(b) ^ Pinenorth Properties Limited Property owner and developer Jersey 100 100 ^ Reselton Properties Limited Property owner and developer Jersey 100 100 * Republic Plaza City Club (Singapore) Pte Ltd Owner and operator of clubs Singapore 100 100 ^ Reach Across International Limited Investment holding British Virgin Islands 100 100 ** Shanghai Anting Waratah Real Estate Development Co., Ltd. Property owner People’s Republic of China 100 100 ** Shanghai Fusion Enterprise Management Co., Ltd. Property owner People’s Republic of China 100 100 ** Shanghai Galaxy Enterprise Management Co., Ltd. Property owner People’s Republic of China 100 100 *** Shanghai Jingwen Zhaoxiang Real Estate Limited Property owner and developer People’s Republic of China 100 100 *** Shanghai Meidao Investment Co., Ltd. Property owner and developer People’s Republic of China 100 100 ** Shanghai Rainbow Enterprise Management Co., Ltd. Property owner People’s Republic of China 100 100 ** Shanghai Star Enterprise Management Co., Ltd. Property owner People’s Republic of China 100 100 ** Shanghai Yulan Real Estate Development Co., Ltd. Property owner and developer People’s Republic of China 100 100
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