65
Annual Report 2015
TEHO INTERNATIONAL INC LTD.
Name of
subsidiary
Principal activity
Principal
place of
business /
Country of
incorporation
Ownership
interest
2015 2014
% %
ECG Property
Pte. Ltd.
(Acquired on 28
November 2014)
Real estate agency
Singapore 100 –
ECG Consultancy
Pte. Ltd.
(Acquired on 28
November 2014)
Provision of real estate valuation
services
Singapore 100 –
ECG (Cambodia)
Co., Ltd.
(Incorporated on
29 December
2014)
Provision of real estate agency
and real estate valuation
services
Cambodia
55 –
TEHO
Development
(Cambodia)
Pte. Ltd.
(Incorporated
on 4 November
2014)
Investment holding company
and real estate developer
Singapore 100 –
Name of
subsidiary
Principal activity
Principal
place of
business /
Country of
incorporation
Ownership
interest
2015 2014
% %
TEHO-SBG
Development
Co., Ltd
#
(Incorporated on
11 November
2014)
Real estate development and
investment
Cambodia
49 –
“Liha” Shipservice
B.V. (Acquired
on 31 December
2014)
Supply of rigging and mooring
equipment
The
Netherlands
100 –
Store Rijnmond B.V.
(Acquired on 31
December 2014)
Supply of rigging and mooring
equipment
The
Netherlands
100 –
ECG Property
Global Pte. Ltd.
(Incorporated on
20 May 2015)
Dormant
Singapore 100 –
# Although the Group owns less than half of the voting power of the investee, management has
determined that the Group has had control over the investee as it has the right to appoint two
out of three board members and holds the decision-making power over the relevant activities of
the investee.
NOTES TO THE
FINANCIAL STATEMENTS
Year ended 30 June 2015
6 INVESTMENTS IN SUBSIDIARIES (CONT’D)
6 INVESTMENTS IN SUBSIDIARIES (CONT’D)
