14
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
INTEREST IN Subsidiaries (Continued)
Proportion of ownership
interests
Particulars of issued and paid
up capital
Held
by the Company
Held
by
Principal
subsidiaries
activities
HKF Property Investment Limited
2 shares
100%
Property investment
Join Galaxy Limited
2 shares
100%
Property financing
Merry World Assets Limited
50,000 shares
100%
Investment holding
Jet Legend Limited
1 share
100%
Property development
World Light Limited
1 share
100%
Property development,
Well Dynamic Limited
1 share
100%
investment and financing
Property development
and financing
All the subsidiaries listed above are incorporated in Hong Kong except for Merry World Assets Limited which is incorporated in
the British Virgin Islands.
Except for HYFCO Travel Agency Limited which operates outbound tours in the Mainland China and Macau, all the other subsidiaries operate in Hong Kong.
Hong Kong Ferry (Holdings) Company Limited Annual Report 2014
81