NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 Principal activity Principal place of business/ Country of incorporation Ownership interest 2023 2022 % % Direct/Indirect subsidiaries of Millennium & Copthorne Hotels Limited (cont’d) (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 (8) 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 (8) Copthorne Aberdeen Limited Hotel management United Kingdom 83 83 (8) Copthorne Hotel (Birmingham) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel (Cardiff) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel (Effingham Park) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel (Gatwick) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel (Manchester) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel (Merry Hill) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel (Newcastle) Limited Hotel owner and operator United Kingdom 96 96 (8) Copthorne Hotel (Plymouth) Limited Hotel owner and operator United Kingdom 100 100 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2023 2022 % % Direct/Indirect subsidiaries of Millennium & Copthorne Hotels Limited (cont’d) (8) Copthorne Hotel (Slough) Limited Hotel owner and operator United Kingdom 100 100 (8) Copthorne Hotel Holdings Limited Investment holding company United Kingdom 100 100 (8) Copthorne Hotels Limited Hotel investment holding company United Kingdom 100 100 (2) Copthorne Orchid Penang Sdn. Bhd. Hotel owner Malaysia 100 100 (2) Durham Operating Partnership L.P. Hotel ownership USA 100 100 (2) Gateway Regal Holdings LLC Hotel owner and operator USA 100 100 (2) Grand Plaza Hotel Corporation Hotel owner and operator and investment holding company Philippines 66 66 (1) Harbour View Hotel Pte Ltd Hotel operator Singapore 100 100 (2) Hong Leong Ginza TMK Property owner Japan 100 100 (2) Hong Leong Hotel Development Limited Hotel owner and operator Taiwan 84 84 (1) Hospitality Holdings Pte. Ltd. Investment holding company Singapore 100 100 (8) Hotel Liverpool Limited Property letting United Kingdom 100 100 (8) Hotel Liverpool Management Limited Operating company United Kingdom 100 100 (1) King’s Tanglin Shopping Pte. Ltd. Property owner Singapore 100 100 (2) Lakeside Operating Partnership L.P. Hotel ownership USA 100 100 (7) London Britannia Hotel Limited Hotel owner and operator United Kingdom 100 100 (7) London Tara Hotel Limited Hotel owner and operator United Kingdom 100 100 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) FINANCIALS FINANCIALS ANNUAL REPORT 2023 CITY DEVELOPMENTS LIMITED 263 262
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