Notes on The Accounts (Continued)
9.
INTEREST IN SUBSIDIARIES
Unlisted shares, at cost
Amount due from subsidiaries
Details of the subsidiaries are as follows:-
The
company
1995
1994
$000's
$000's
1,018,356
1,018,356
8,558
2,793
1,026,914 1,021,149
Issued
Name of company
Place of incorporation
Place of operation
ordinary
Percentage
Principal
share capital directly held
activity
Island Communication Enterprises Limited
Hong Kong
Hong Kong 185,073,024
100%
Investment holding
HK$1 shares
Heartwell Limited
Hong Kong
Hong Kong
9,000,002 HK$10 shares
100%
Investment holding
Communication Holdings Limited
British Virgin Islands Hong Kong
35,900,010 HK$10 shares
100%
Investment holding
10. INTEREST IN ASSOCIATED COMPANIES
Share of net tangible assets other than goodwill
Unlisted shares, at cost
Loans to associated companies
Details of the associated companies, which are incorporated in the British Virgin Islands, are as follows:-
Name of company
Swire and Island Communication Developments Limited ("Swire and Island")
Island Land Development Limited ("Island Land")
Hareton Limited ("Hareton")
Percentage of shares held
Ordinary shares - 40% Non-voting dividend shares - 100%
Ordinary shares 50%
Ordinary shares- 50%
The group
1995
1994
$000's
$000's
(193)
1
1,139,663 588,052
1,139,471
588,053
Principal activity
Property development for resale and investment
Property development for resale and investment
Property development for resale and investment
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