NOTES TO FINANCIAL STATEMENTS
30 June 2015
Annual Report 2015
Karin Technology Holdings Limited
91
14. INVESTMENTS IN SUBSIDIARIES
(continued)
Notes: (continued)
(a)
Particulars of the principal subsidiaries are as follows: (continued)
Name
Place of
incorporation/
registration
and operations
Issued
ordinary/
registered
share capital
Percentage
of equity
indirectly
attributable to
the Company
Principal
activities
Compucon Computers Limited^
Hong Kong
Ordinary
HK$100,000
100 Trading of electronics
products and peripherals
and provision of software
products and solutions
Compusmart Limited^
British Virgin
Islands/
Hong Kong
Ordinary
US$1
100 Property holding
MEET Solutions Limited^
Hong Kong
Ordinary
HK$10,000
100 Provision of professional
consulting service,
software products, and
solutions
Karga Solutions Limited^
Hong Kong
Ordinary
HK$100,000
100 Provision of professional
consulting service and
software products,
solutions and training
Karltec Information System
(Shenzhen) Company
Limited*
@
PRC/
Mainland China
Registered
HK$7,000,000
75 Distribution of computer
products and peripherals
I M I Kabel Pte. Ltd.
@
Singapore
Ordinary
S$300,000
70 Distribution of
industrial cables
KCF A Store Limited^
Hong Kong
Ordinary
HK$30,000,000
60 Distribution of consumer
electronics products
and accessories
Matrix Power Technology
(Shenzhen) Co. Ltd.*
@
PRC/
Mainland China
Registered
RMB6,000,000
53 Provision of power
supply solution services
*
The English names of the subsidiaries are direct translations of their registered Chinese names.
^
Audited by Ernst & Young, Hong Kong
@
Not audited by Ernst & Young, Hong Kong or another member firm of the Ernst & Young global network
The above table lists the subsidiaries of the Company which, in the opinion of the directors, principally affected the
results for the year or formed a substantial portion of the net assets of the Group. To give details of other subsidiaries
would, in the opinion of the directors, result in particulars of excessive length.
