Page 139 - S P Setia Annual Report 2016
P. 139

S P Setia Berhad Group                                                                                137
          Annual Report 2016




                                                                               Notes To The Financial Statements

                                                                                  For The Financial Year Ended 31 December 2016

          7.   INVESTMENTS IN JOINTLY CONTROLLED ENTITIES (CONT’D.)

              The jointly controlled entities are as follows:

                                                        Proportion of ownership interest
                                                           Direct        Indirect    Country of
                                                       2016    2015   2016    2015  incorporation  Principal activities
                                                         %      %      %       %
               Setia Putrajaya Sdn Bhd                  60      60      -      -      Malaysia   Property development,
                                                                                                  building construction
                                                                                                  and investment holding

               Setia Putrajaya Construction Sdn Bhd      -      -      60     60      Malaysia   Building construction
               Setia Putrajaya Development Sdn Bhd       -      -      60     60      Malaysia   Property development
               Greenhill Resources Sdn Bhd               -      -      50      50     Malaysia   Property investment
               Setia Federal Hill Sdn Bhd               50      50      -      -      Malaysia   Property development
                                                                                                  and property investment
                                                                                                  holding
               #   SetiaBecamex Joint Stock Company      -      -      55      55     Vietnam    Property development

               Retro Highland Sdn Bhd                   50      50      -      -      Malaysia   Property development
               ^ * Battersea Project Holding Company Limited  -  -     40     40       Jersey    Investment holding
               ^ * Battersea Project Land Company Limited  -    -      40     40       Jersey    Property development
                                                                                                  and property investment
                                                                                                  holding
               *  Battersea Power Station Development    -      -      40     40       United    Project development
                   Company Limited                                                    Kingdom     management
               ^ * Battersea Power Station Malaysia Sdn Bhd  -  -      40     40      Malaysia   Promotion, marketing
                                                                                                  and other activities
                                                                                                  related to property
                                                                                                  development
               ^ * Battersea Phase 1 Holding Company Limited  -  -     40     40       Jersey    Property investment
                                                                                                  holding
               ^ * Battersea Project Phase 1 Company Limited  -  -     40     40       Jersey    Property investment
                                                                                                  holding
               ^ * Battersea Project Phase 1 Management    -    -      40     40       Jersey    Dormant
                   Company Limited
               ^ * Battersea Project Phase 1 Retail, Leisure,    -  -  40     40       Jersey    Property investment
                   F&B Nominee Limited (formerly known as                                         holding
                   Battersea Project Phase 1 Nominee Company
                   Limited)

               ^ * Battersea Project Phase 1 Retail, Leisure,    -  -  40     40       Jersey    Property development
                   F&B GP Limited (formerly known as                                              and property investment
                   Battersea Project Phase 1 GP Limited)                                          holding
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