NewWorld Development Company Limited
FINANCIAL SECTION
216
Registered/
fully paid capital
Attributable
interest
to the Group
Ω
(%)
Principal activities
Wholly foreign owned enterprises
Incorporated and operate in the PRC
Guangzhou Bosson Real Estate Co., Ltd.
RMB50,003,000
44
s
Property development
Guangzhou Hemsell Real Estate Development
Co., Ltd.
RMB79,597,000
44
s
Property development
Ningbo Xin Li Real Estate Co. Ltd.
US$802,335,000
34 Property development
Shanghai New World Huai Hai Property Development
Co., Ltd.
US$108,500,000
35 Property investment
Wuhan New World Hotel Properties Co., Ltd.
RMB83,507,110
42
s
Property investment
Ω
Percentage of equity interest, in the case of equity joint ventures or profit sharing percentage, in the case of co-operative
joint ventures
@
Represented cash sharing ratio
s
The Group through its non-wholly owned subsidiaries holds more than 50% interests in these joint ventures. These joint
ventures are considered as subsidiary undertakings under the Hong Kong Companies Ordinance (Cap.622). However, under
the respective contractual agreements, the Group does not control these joint ventures as the decisions about relevant
activities require the unanimous consent of the parties sharing the control
Share capital issued
#
Attributable
interest
to the Group
(%)
Principal activities
Number
of shares
Issued and
paid up
share capital
HK$
Companies limited by shares
Incorporated and operate in Hong Kong
ATL Logistics Centre Hong Kong Limited
100,000’A’
100,000
34
&
Operation of cargo
handling and storage
facilities
20,000’B’
2
20,000
49
54,918
1
54,918
100
ATL Logistics Centre Yantian Limited
10,000
10,000
28 Investment holding
Austin Project Management Limited
1,000,000
1,000,000
50 Project management
China Aerospace New World Technology Limited
30,000,000 165,000,000
50 Investment holding
Direct Profit Development Limited
200,000
10,000
15 Property investment
Eminent Elite Limited
1
1
34 Investment holding
Far East Landfill Technologies Limited
1,000,000
1,000,000
29 Landfill
Fast New Limited
1,000,000
1,000,000
50 Property development
First Star Development Limited
100
100
31 Property development
GH Hotel Company Limited
(Formerly: Grand Hyatt Hong Kong Company Limited)
1,000
1,000
32 Hotel operation
50 PRINCIPAL JOINT VENTURES
(continued)
As at 30 June 2015
