Page 137 - S P Setia Annual Report 2013
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Annual Report 2013 S P SETIA BERHAD GROUP Financial Statements | 135





NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2013 (CONT’D)






8. inVeStmentS in JOintlY cOntROlleD entitieS (cOnt’D)

Proportion of
ownership interest
Direct indirect country of
2013 2012 2013 2012 incorporation Principal activities
% % % %


Battersea Project Phase 7 Residential - - 40 - Jersey Dormant
Company Limited

Battersea Project Phase 7 Nominee - - 40 - Jersey Property development
Company Limited and property
investment holding
Battersea Project Phase 7 Management - - 40 - Jersey Dormant
Company Limited
Battersea Project Phase 7 GP Limited - - 40 - Jersey Property development
and property
investment holding

Battersea Project Phase 7 LP Limited - - 40 - Jersey Property development
and property
investment holding
Battersea Project Phase 7 - - 40 - United Kingdom Property development
Commercial Limited Partnership and property
investment holding

Battersea Project Estate - - 40 - Jersey Dormant
Company Limited

Battersea Project Phase 2 Refurbishment - - 40 - Jersey Property development
Company Limited

BPS Sales and Lettings Limited - - 40 - Jersey Dormant


* The fnancial year of this jointly controlled entity ends on 31 December

^ Became a subsidiary during the fnancial year. See note 39 (ii) to the fnancial statements

Notwithstanding that the Group is having ownership of more than half of the equity shareholding in certain companies, they are treated as
jointly controlled entities pursuant to the contractual rights and obligations of the respective joint venture agreements.
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