NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2023 2022 % % Direct/Indirect subsidiaries of the Company (cont’d) (1) CDL Aries Pte. Ltd. Property owner and developer Singapore 100 100 (1) CDL Constellation Pte. Ltd. Investment holding and property owner and developer Singapore 100 100 (1) CDL Land Pte Ltd Property owner and developer Singapore 100 100 (1) CDL Libra Pte. Ltd. Property owner and developer Singapore 100 100 (1) CDL Management Services Pte. Ltd. Provision of project and property management and consultancy services Singapore 100 100 (1) CDL Properties Ltd Property owner and investment holding Singapore 100 100 (1) CDL Regulus Pte. Ltd. Property owner and developer Singapore 100 100 (1) CDL Stellar Pte. Ltd. Property owner and developer Singapore 100 - (1) CDL Perseus Pte. Ltd. Property owner and developer Singapore 100 100 (1) CDL Pisces Commercial Pte. Ltd. Investment holding Singapore 100 100 (1) CDL Pisces Serviced Residences Pte. Ltd. Investment holding Singapore 100 100 (7) CDL Conservo Pte. Ltd. Long-term holding of investment properties to derive rental income Singapore 100 - (7) CDL Cityscape Pte. Ltd. Long-term holding of investment properties to derive rental income Singapore 100 - (7) CDL Kingtse Pte. Ltd. Long-term holding of investment properties to derive rental income Singapore 100 - (7) CDL Pavona Pte. Ltd. Long-term holding of investment properties to derive rental income Singapore 100 - (7) CDL Ace Pte Ltd Long-term holding of investment properties to derive rental income Singapore 100 - (7) CDL Queensray Pte Ltd Long-term holding of investment properties to derive rental income Singapore 100 - Principal activity Principal place of business/ Country of incorporation Ownership interest 2023 2022 % % Direct/Indirect subsidiaries of the Company (cont’d) (7) CDL CityInd Pte Ltd Long-term holding of investment properties to derive rental income Singapore 100 - (7) CDL Galliard Grand Limited Partnership Investment holding United Kingdom 75 - (1) Centro Property Holding Pte. Ltd. Property owner Singapore 100 100 (1) Cideco Pte. Ltd. Property owner Singapore 100 100 (1) City Condominiums Pte Ltd Property owner, developer and investment holding Singapore 100 100 (1) City Developments Realty Limited Investment in shares and investment holding Singapore 100 100 (1) City Leo Pte. Ltd. Investment holding Singapore 100 - (1) City Gemini Pte. Ltd. Investment holding Singapore 100 100 (1) City Serviced Offices Pte. Ltd. Operating serviced offices Singapore 100 100 (1) City Thrive Pte. Ltd. Investment holding Singapore 100 100 (1) Citydev Real Estate (Singapore) Pte Ltd Property owner Singapore 100 100 (1) CDL Real Estate Asset Managers Pte. Ltd. Asset management Singapore 100 100 (1) City REIT Management Pte. Ltd. Investment holding Singapore 100 100 (1) City Strategic Equity Pte. Ltd. Investment holding Singapore 100 100 (1) City Symphony Pte. Ltd. Investment holding Singapore 100 - (1) City Lux Pte. Ltd. Investment holding Singapore 100 100 (1) City Boost Pte. Ltd. Investment holding Singapore 100 100 (1) City Delta Pte. Ltd. Investment holding Singapore 100 100 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) FINANCIALS FINANCIALS ANNUAL REPORT 2023 CITY DEVELOPMENTS LIMITED 257 256
RkJQdWJsaXNoZXIy ODIwNTc=