Notes to the Financial Statements
(Cont’d)
For the financial year ended 30 April 2016
(In Singapore Dollar)
STAMFORD TYRES CORPORATION LIMITED
116 |
DRIVING IT UP
40.
Subsidiary, associated and joint venture companies (cont’d)
Name of company
(Country of incorporation)
Principal activities
(Place of business)
Cost of
investment
Percentage of
equity held by
the Group
2016 2015 2016 2015
$’000 $’000 % %
Subsidiary companies (cont’d)
Held by the Company:
(1)
Wahsan Trading Pte Ltd
(Singapore)
Inactive
(Singapore)
218 218 100 100
(3)
Stamford Sport Wheels
Company Limited
(Thailand)
Manufacture of aluminium
alloy wheels
(Thailand)
19,898 19,898 100 100
##
Stamford International Trading
(Tianjin) Co. Ltd.
(People’s Republic of China)
Inactive
(People’s Republic of China)
322 322 100 100
(13)
Stamford Tyres Australia Pty
Limited
(Australia)
Wholesale of tyres and wheels
(Australia)
6,770 6,770 100 100
##
Stamford Tyres Philippines, Inc.
(Philippines)
Inactive
(Philippines)
361 361 100 100
(8)
++
Stamford Tyres Distributors
India Private Limited
(India)
Wholesale of tyres
(India)
2,493 2,493 100 100
##
Stamford Tyres Do Brazil
Participacoes LTDA
(Brazil)
Dormant
(Brazil)
281 281 100 100
++
Stamford Tyres Vietnam
Company Limited
(Vietnam)
Wholesale of tyres and wheels
(Vietnam)
623 623 100 100
(11) #
Stamford Tyres (B) Sdn Bhd
(Brunei)
Wholesale of tyres and wheels
(Brunei)
25
25 100 100
78,122 78,122
