2013 — Page 91

14 INTEREST IN SUBSIDIARIES (Continued)

Galaxy Hotel Management

Company Limited

Hong Kong Ferry (Holdings) Company Limited Annual Report 2013

Notes to the Accounts (Continued)

Particulars of

issued and paid

up capital

HK$

Proportion of

ownership interests

Held

by the

Held

by Principal

activities

Company subsidiaries

1,350,000

Genius Star Development Limited

2

100%

Pico International Limited

6,000,000

100%

Hong Kong Ferry Finance

Company Limited

Thommen Limited

Lenfield Limited

100%

Floating restaurant

business

Property investment

Investment holding

2

100%

Group financing

20

100%

Investment holding

2

100%

Property development,

investment and

financing

HKF Property Investment Limited

2

100%

Property investment

Join Galaxy Limited

2

100%

Property financing

Merry World Assets Limited

390,000

100%

Investment holding

Star Unity Limited

1

100%

Property investment

Jet Legend Limited

1

100%

Property development

World Light Limited

1

100%

Property development

and financing

Well Dynamic Limited

1

100%

Property development

89