N o t e s t o t h e f i n a n c i a l s t a t e m e n t s
Year ended 31 March 2015
9 Interest in subsidiaries (continued)
Details of interest in subsidiaries:
Name of subsidiary
Principal activity
Principal of
business
Effective equity
held by the Trust
2015
2014
%
%
(i)
Direct subsidiaries
Ascendas ZPark (Singapore)
Pte. Ltd. (“AZPark”)
#
Investment holding
Singapore
100
100
Shanghai (JQ) Investment
Holdings Pte. Ltd. (“SHJQ”)
#
Investment holding
Singapore
100
100
PLC 8 Holdings Pte. Ltd.
(“PLC8H”)
#
Investment holding
Singapore
100
–
A-REIT JW Investment Pte. Ltd.
(“AJW”)
#
Investment holding
Singapore
100
–
Ruby Assets Pte. Ltd.
#
To issue debt securities and
grant collateral loan to the Trust
Singapore
–
–
Emerald Assets Limited
(under member’s voluntary
winding up)
To obtain credit facilities and
grant credit facilities
to the Trust
Singapore
–
–
(ii) Indirect subsidiaries
Ascendas Hi-Tech
Development (Beijing) Co.,
Limited (“AHTDBC”)^
Development, leasing and
management of industrial properties
including the provision of property
management services
PRC
100
100
A-REIT (Shanghai) Realty Co.,
Limited (“ASRC”)^
Development, leasing and
management of industrial properties
including the provision of property
management services
PRC
100
100
PLC 8 Development Pte. Ltd.
(“PLC8D”)
#
Real estate development
Singapore
100
–
A-REIT J.W. Facilities Co. Ltd
(“AJFC”)^
Development, leasing and
management of industrial
properties including the provision of
management services
PRC
100
–
#
Audited by KPMG LLP, Singapore.
^ Audited by a member firm of KPMG International.
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