NOTES TO
THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MAY 2015
99
GKE CORPORATION LIMITED
ANNUAL REPORT 2015
14.
INVESTMENTS IN SUBSIDIARIES (cont’d)
Name of subsidiaries
(Country of incorporation and
principal place of business)
Principal activities
Effective percentage
of equity held by Group
2015
2014
%
%
Held by the Company (cont’d)
Van der Horst Logistics Limited
iii
(British Virgin Islands)
Investment holding
65
65
GKE & Mohseng Pte. Ltd.
i
(Singapore)
Provision of crane services for
loading and unloading of cargo
100
60
GKE Holdings (HK) Co., Ltd.
v
(Hong Kong)
Investment holding
100
100
GKE Shipping Co., Ltd.
ii
(Hong Kong)
Investment holding
100
100
GKE China Investment Pte. Ltd.
i
(Singapore)
Investment holding
65
65
Held through Van der Horst Limited
Van der Horst (Shanghai) Logistics
Co., Ltd.
iv
(People’s Republic of China)
Provision of storage and
warehousing
65
65
Held through GKE Freight Pte Ltd
GKE Air Logistics Pte. Ltd.
i
(Singapore)
Provision of freight forwarding
and transportation services
–
60
PT GKE Investment
iii
(Indonesia)
Investment holding
100
100