Annual Report 2015 - page 224

NewWorld Development Company Limited
FINANCIAL SECTION
218
Share capital issued
#
Attributable
interest
to the Group
(%)
Principal activities
Number
of shares
Par value
per share
Companies limited by shares
(continued)
Incorporated in the British Virgin Islands
(continued)
Silvery Yield Development Limited
100
US$1
34 Investment holding
Success Concept Investments Limited
1,000
US$1
55
s
Investment holding
Incorporated and operates in the Netherlands
Hyva I B.V.
19,000
EUR1
31 Manufacturing and supply
of components used in
hydraulic loading and
unloading systems
Share capital issued
#
Attributable
interest
to the Group
(%)
Principal activities
Number
of shares
Issued and
paid up
share capital
HK$
Incorporated in Hong Kong and operates in Hong Kong, Macau
and Mainland China
Sino-French Holdings (Hong Kong) Limited
3,748,680’A’
374,868,000
– Investment holding and
operation of water
plants
7,209,000’B’
720,900,000
61
3,460,320’C’
346,032,000
#
Represented ordinary share capital, unless otherwise stated
1
Non-voting deferred shares
2
Non-voting preference shares
&
The directors of the Company considered the Group does not have unilateral control governing the financial and operating
activities over these joint ventures
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 arrangements, the Group does not control these joint ventures as the decisions about relevant
activities require the unanimous consent of the parties sharing the control
50 PRINCIPAL JOINT VENTURES
(continued)
As at 30 June 2015
1...,214,215,216,217,218,219,220,221,222,223 225,226,227,228,229,230,231,232,233,234,...276
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