31 LIST OF SUBSIDIARY COMPANIES OF THE GROUP
(a) Details of principal subsidiary companies of the Group at 31 December 2015 and 2014 are as follows:
Particulars of
Place of
issued share
incorporation/
capital/registered
Interest held
Name
establishment
Principal activities
capital
(3)
2015
2014
HPHT Limited
(1)
Hong Kong
Investment holding
HK$10,000,000
100%
100%
Giantfield Resources
British Virgin Islands
Investment holding
2 ordinary shares
100%
100%
Limited
(2)
of US$1 each
Classic Outlook
British Virgin Islands
Investment holding
100,000 ordinary shares
100%
100%
Investments Limited
(2)
of US$0.1 each
HIT Investments Limited
(2)
British Virgin Islands
Investment holding
200 ordinary “A” shares
100%
100%
of US$1 each
800 non-voting preferred
“B” shares of US$1 each
Pearl Spirit Limited
(2)
British Virgin Islands
Investment holding
1 ordinary share of US$1
100%
100%
Hongkong International
Hong Kong
Development and
HK$20
100%
100%
Terminals Limited
(1)
operation of
container terminals
Yantian International
PRC
Development and
HK$2,400,000,000
56.41%
56.41%
Container Terminals
operation of
Limited
(1)
container terminals
Yantian International
PRC
Development and
HK$6,056,960,000
51.64%
51.64%
Container Terminals
operation of
(Phase III) Limited
(1)
container terminals
Notes to the
Financial Statements
OPTIMISING FOR THE FUTURE
116