NOTES TO THE FINANCIAL STATEMENTS
(CONT’D)
31 DECEMBER 2015
36.
LISTING OF INVESTMENTS IN SUBSIDIARIES
All the subsidiaries are wholly owned. The subsidiaries held by the Trust and the Group are listed below:
Name of Subsidiaries, Country of Incorporation,
Place of Operations and Principal Activities
Cost
2015
2014
$’000
$’000
Singapore
Gajah Mada Investments Pte Ltd
83,599
83,789
Investment holding
Mal Lippo Investments Pte Ltd
61,049
61,980
Investment holding
Cibubur Holdings Pte Ltd
64,576
66,568
Investment holding
Tangent Investments Pte Ltd
89,545
91,384
Investment holding
Magnus Investments Pte Ltd
97,856
99,040
Investment holding
Elok Holdings Pte Ltd
44,820
45,084
Investment holding
PS International Holdings Pte Ltd
160,202
162,159
Investment holding
Great Properties Pte Ltd
59,360
46,021
Investment holding
Grace Capital Pte Ltd
34,878
23,132
Investment holding
Realty Overseas Pte Ltd
26,500
20,546
Investment holding
Java Properties Pte Ltd
19,028
19,327
Investment holding
Serpong Properties Pte Ltd
17,159
17,790
Investment holding
Metropolis Properties Pte Ltd
26,535
26,853
Investment holding
LIPPO MALLS INDONESIA RETAIL TRUST
138
