Annual Report 2021

153 Notes to the Financial Statements Miramar Hotel and Investment Company, Limited Annual Report 2021 Proportion of ownership interest Name of company Place of incorporation Place of operation Particulars of issued and paid up capital Group’s effective interest Held by the Company Held by a subsidiary Principal activity YMT Travel Limited Hong Kong Hong Kong HK$3,500,000 53.8% – 100% Travel agency Merry King Resources Limited Hong Kong Hong Kong HK$1,000 100% – 100% Restaurant operation Mira Moon Limited Hong Kong Hong Kong HK$1 100% 100% – Hotel operation Miramar East Company Limited Hong Kong Hong Kong HK$10,000 100% – 100% Property rental Miramar Finance Limited Hong Kong Hong Kong HK$100,000 100% 100% – Finance Miramar Hotel and Property Management Company Limited Hong Kong Hong Kong HK$1 100% 100% – Property management Miramar Hotel & Investment (Express) Limited Hong Kong Hong Kong HK$10,000,000 100% 100% – Travel agency Miramar Hotel Management Company Limited Hong Kong Hong Kong HK$10,000 100% 100% – Hotel management Miramar Travel Limited Hong Kong Hong Kong HK$13,000,000 53.8% 53.8% – Travel agency The Pinesprop Limited Hong Kong Hong Kong HK$1,000 100% 100% – Property rental Randall Resources Limited Hong Kong The PRC HK$100 100% – 100% Property rental Shahdan Limited Hong Kong Hong Kong HK$200,000 100% 100% – Property rental Smart Faith Investments Limited Hong Kong Hong Kong HK$1 100% 100% – Restaurant operation Strong Profit Resources Limited Hong Kong The PRC HK$10,000 70% – 100% Property rental and sale Tsui Hang Village Restaurant Limited Hong Kong Hong Kong HK$500,000 100% 100% – Restaurant operation Warsaw Investments Limited Hong Kong Hong Kong HK$10,000 100% 100% – Property rental World Eagle Resources Limited Hong Kong Hong Kong HK$2 100% – 100% Restaurant operation 美利物業管理 ( 上海 ) 有限公司 ~ * The PRC The PRC US$5,000,000 100% – 100% Property rental and management 上海恒美酒店管理有限公司 ˆ* The PRC The PRC US$200,000 100% – 100% Hotel management 上海上美置業有限公司 Shanghai Shangmei Property Co. Limited.ˆ* The PRC The PRC US$13,000,000 51.4% – 68.6% Property rental * Companies not audited by KPMG ~ Wholly foreign-owned enterprise ˆ Sino-foreign equity joint venture enterprise 11 Investments in subsidiaries (Continued)