Annual Report 2019

ANNUAL REPORT 2019 265 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS For the year ended 31 March 2019 Name of subsidiary Place of incorporation/ establishment and operation Issued and fully paid share capital/ registered and paid up capital Proportion of nominal value of issued capital/ registered capital held by the Company Principal activities 2019 2018 FEC Care Park Holdings (Australia) Pty Ltd Australia 1 share of A$1 100 100 Investment holding FEC Care Park Holdings Pte Ltd Singapore 1 share of S$1 100 100 Investment holding FEC Development (Malaysia) Sdn. Bhd. Malaysia 2 shares of MYR1 100 100 Investment holding FEC Development Management Limited UK 1 share of £1 100 100 Property development FEC Financing Solutions Pty Ltd Australia 1 share of A$1 100 100 Investment holding FEC Holdings Pte. Ltd. Singapore 1,000,000 shares of S$1 100 100 Investment holding FEC Hotel Investments Pte. Ltd. Singapore 2 shares of S$1 100 100 Investment holding and property development FEC Overseas (Singapore) Pte Ltd Singapore 1 share of S$1 100 100 Investment holding FEC Skyline Pte. Ltd. Singapore 4,000,000 shares of S$1 70 70 Property development FEC Skypark Pte. Ltd. Singapore 3,000,000 shares of S$1 80 – Property development FEC Strategic Investments (Netherlands) B.V. The Netherlands 120,000 shares of DFL1 100 100 Investment holding FEC Suites Pte. Ltd. Singapore 1,000,000 share of S$1 100 100 Property development FEC QWB Integrated Resort Holdings Limited BVI/HK 1 share of US$1 100 100 Investment holding FECFW 1 Pty Ltd Australia 1 share of A$1 100 100 Investment holding FECFW 2 Pty Ltd Australia 1 share of A$1 100 100 Investment holding Ficon Roper Street Trust Australia N/A 77.75 77.75 Car park operation Fortune Plus (M) Sdn. Bhd. Malaysia 935,000 shares of MYR1 100 100 Property investment Garden Resort Development Limited HK 100 shares of HK$1 100 100 Property development Gold Prime Group Limited BVI 1 share of US$1 100 100 Investment holding Grand Expert Limited HK 10,000 shares of HK$1 100 100 Hotel operation Highest Reach Investments Limited BVI 494,808 shares of US$1 100 – Investment holding Hong Kong Hotel REIT Finance Company Limited HK 1 share of HK$1 100 100 Loan financing Jarton Limited HK 1 share of HK$1 100 100 Property development Kuala Lumpur Land Holdings Limited Jersey/HK 100 shares of £1 100 100 Investment holding Launceston York Car Park Trust Australia N/A 77.75 77.75 Car park operation Madison Lighters and Watches Company Limited HK 4 shares of HK$1 100 100 Investment holding Mass Perfect Limited HK 1 share of HK$1 100 100 Investment holding May21 Pty Ltd. Australia 1 share of A$1 100 100 Property development Merdeka Labuan Sdn. Bhd. Malaysia 105,000,000 MYR1 100 100 Hotel operation Midtown at Upper West Side Pty Ltd Australia 2 shares of A$1 100 100 Investment holding N.T. Horizon Realty (Jordan) Limited HK 2 shares of HK$100 100 100 Property investment New Time Plaza Development Limited HK 1,000 shares of HK$1 100 100 Investment holding New Union Investments (China) Limited HK 300 shares of HK$1 100 100 Investment holding Novel Orient Investments Limited HK 1 share of HK$1 100 100 Hotel operation Panley Limited HK 1 share of HK$1 100 100 Hotel operation 50. PARTICULARS OF PRINCIPAL SUBSIDIARIES (continued)