NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022 44 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2022 2021 % % Direct/Indirect Subsidiaries of Millennium & Copthorne Hotels Limited (cont’d) (7) CDL Hotels (Chelsea) Limited Hotel owner and operator United Kingdom 100 100 (2) CDL Hotels (Korea) Ltd. Hotel owner and operator Republic of Korea 100 100 (2) CDL Hotels (Malaysia) Sdn. Bhd. Hotel owner and operator Malaysia 100 100 (7) CDL Hotels (UK) Limited Hotel owner and operator United Kingdom 100 100 (2) CDL Hotels USA, Inc. Hotel investment holding company USA 100 100 (2) CDL Investments New Zealand Limited Investment and property management company New Zealand 50 50 (2) CDL West 45th Street LLC Hotel owner USA 100 100 (2) Chicago Hotel Holdings, Inc. Hotel ownership USA 100 100 (1) City Hotels Pte. Ltd. Hotel operator and investment holding company Singapore 100 100 (7) Copthorne Aberdeen Limited Hotel management United Kingdom 83 83 (7) Copthorne Hotel (Birmingham) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Cardiff) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Effingham Park) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Gatwick) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Manchester) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Merry Hill) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Newcastle) Limited Hotel owner and operator United Kingdom 96 96 (7) Copthorne Hotel (Plymouth) Limited Hotel owner and operator United Kingdom 100 100 (7) Copthorne Hotel (Slough) Limited Hotel owner and operator United Kingdom 100 100 44 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2022 2021 % % Direct/Indirect Subsidiaries of the Company (cont’d) (1) Sunshine Plaza Pte Ltd Property owner, developer and investment holding Singapore 100 100 (2) Suzhou Global City Genway Properties Co., Ltd. Property owner and developer People’s Republic of China 100 100 (6) Sycamore House Manco Limited Operating company United Kingdom 100 – (1) Systematic Laundry & Healthcare Services Pte. Ltd. Laundry and dry cleaning services, washing and other cleaning preparations Singapore 98 90 (1) Systematic Laundry & Uniform Services Pte. Ltd. Laundry and dry cleaning services Singapore 98 90 (2) Tempus Platinum Investments Tokutei Mokuteki Kaisha Property owner and developer Japan 100 100 (2) The Aldgate House Unit Trust Property investment Jersey 100 100 (7) Trentworth Properties Limited Property owner and developer Jersey 100 100 (1) Trentwell Management Pte. Ltd. Asset management and consultancy services Singapore 100 100 (7) Wideachieve Holdings Limited Investment holding British Virgin Islands 100 100 Direct/Indirect Subsidiaries of Millennium & Copthorne Hotels Limited (2) Anchorage-Lakefront Limited Partnership Hotel owner USA 100 100 (7) Archyield Limited Hotel owner and operator United Kingdom 100 100 (2) Avon Wynfield LLC Hotel owner USA 100 100 (2) Beijing Fortune Hotel Co., Ltd. Hotel owner and operator People’s Republic of China 70 70 (2) Bostonian Hotel Limited Partnership Hotel owner USA 100 100 (2) Buffalo RHM Operating LLC Hotel owner USA 100 100 (1) CDL Hospitality Trusts See below (c) Singapore – 38 (2) CDL (New York) LLC Hotel owner USA 100 100 CITY DEVELOPMENTS LIMITED ANNUAL REPORT 2022 FINANCIALS 262 263
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