SINGAPORE WINDSOR HOLDINGS LIMITED
| Annual Report 2015
66
Year ended 31 March 2015
NOTES TO THE
FINANCIAL STATEMENTS
15. Investments in subsidiaries (cont’d)
Name of Subsidiaries, Country of Incorporation,
Place of Operations and Principal Activities
(Independent Auditors)
Cost in Books
of Group
Effective Percentage
of Equity Held
by Group
2015 2014 2015 2014
HK$’000 HK$’000
% %
Qinhuangdao Goodbase Precision Mould Limited
(a)(b)
The People’s Republic of China
Manufacture and sale of PCB punching moulds
(Qinhuangdao Leading Certified Public Accountants Firm)
3,080
3,080
100
100
Goodbase Windsor Moulds (Shenzhen) Limited
(a)(b)
The People’s Republic of China
Manufacture and sale of PCB punching moulds
(Shenzhen Tianying Certified Public Accountants)
4,400
4,400
100
100
National Chance Electroplating (Shenzhen) Limited
(a)(b)
The People’s Republic of China
Provision of PCB electroplating services.
(Shenzhen Tianying Certified Public Accountants)
600
600
100
100
Guozhou Windsor Punching (Shenzhen) Limited
(a)(b)
The People’s Republic of China
Provision of PCB punching services
(Shenzhen Tianying Certified Public Accountants)
400
400
100
100
Iwasa Windsor Moulds (Shenzhen) Limited
(a)(b)
The People’s Republic of China
Manufacture and sale of PCB punching moulds
(Shenzhen Tianying Certified Public Accountants)
1,076
1,076
100
100
Held through Iwasa Windsor Company Limited
Iwasa Windsor Precision Mould (Wuhan) Co., Ltd
(a)(b)
The People’s Republic of China
Manufacture and sale of PCB punching moulds
(Hongfa Certified Public Accountant Co., Ltd)
3,117
3,117
51
51
(a)
Other independent auditors. Audited by firms of accountants other than member firms of RSM International of which RSM
Chio Lim LLP in Singapore is a member. Their names are indicated above.
(b)
Audited by BDO Limited, Hong Kong for consolidated financial statements purposes only.
(c)
Cost of investment is less than HK$1,000.
(d)
Not audited, as it is immaterial.
(e)
The subsidiary was disposed during the reporting year at the date shown.
(f)
Audited by RSM International member firm in Myanmar.
(g)
Audited by RSM Chio Lim LLP
(h)
Reclassified as assets held for sale
As is required by Rule 716 of the Listing Manual of the Singapore Exchange Securities Trading Limited the audit
committee and the board of the directors of the company have satisfied themselves that the appointment of the
different auditors for its overseas subsidiaries would not compromise the standard and the effectiveness of the
audit of the group.
