ANNUAL REPORT 2015 |
141
NOTES TO THE FINANCIAL STATEMENTS
30 June 2015 (cont’d)
10. INVESTMENTS IN SUBSIDIARIES (cont’d)
(b) The details of the subsidiaries are as follows (cont’d):
Interest in equity held
Country of
2015
2014
Name of company
incorporation %
% Principal activities
Subsidiaries of Active
World Pte. Ltd. (cont’d)
Active Franchise Pte. Ltd.
(1)
Singapore
100
100
General wholesale trade including
general importers and exporters
Active Footwear Pte. Ltd.
(1)
Singapore
100
100
Marketing, retailing and distribution of
fashionable footwear
Bruno Magli South East
(2)
Singapore
70
70
Wholesaling, retailing and marketing of
Asia Pte. Ltd.
leather goods, footwear, and
accessories
PT Active World
(2)
Indonesia
100
100
Investment holding
Subsidiaries of Kin Sheng
Group Limited
Guangzhou Jia Li Bao
China
100
100
Dormant
Leather Fashion Co. Ltd.
(2)
Guangzhou Bonia
China
-
100
Dissolved
Fashions Co. Ltd. (“GBF”)
(4)
Kin Sheng International
Hong Kong
100
100
General trading and marketing
Trading Co. Limited
(1)
of fashionable goods
Subsidiaries of Jeco (Pte)
Limited
Lianbee-Jeco Pte. Ltd.
(1)
Singapore
100
100
Retailing, importing and exporting
leather goods and general
merchandise
Lianbee-Jeco (M) Sdn. Bhd.
Malaysia
100
100
Trading in leather products
(1)
Subsidiaries audited by BDO Member Firms.
(2)
Subsidiaries not audited by BDO.
(3)
This subsidiary is a wholly-owned subsidiary of Daily Frontier Sdn. Bhd. and went into voluntary liquidation during
the financial year.
(4)
Audited financial statements is not available as the subsidiary has been dissolved during the financial year.
