Notes to the financial statements
Year ended 31 March 2016
7 InterestS in subsidiaries (continued)
Details of interests in subsidiaries:
Name of subsidiary
Principal activity
Principal of
business
Effective equity
held by the Trust
2016
2015
%
%
(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
100
A-REIT JW Investment
Pte Ltd (“AJW”)
#
Investment holding
Singapore
100
100
Ruby Assets Pte. Ltd.
#
To issue debt securities
and grant collateral loan
to the Trust
Singapore
–
–
Emerald Assets Limited
@
To obtain credit facilities
and grant credit facilities
to the Trust
Singapore
–
–
Ascendas REIT Australia (“ARA”)
^
Investment holding
Australia
100
–
(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
100
.171
A-REIT ANNUAL REPORT
2015/2016
