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UOB Annual Report 2002 - United Overseas Bank

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Notes to the Financial Statements<br />

for the financial year ended 31 December <strong>2002</strong><br />

46 Subsidiaries (continued)<br />

Percentage of<br />

Paid–Up Capital Held By<br />

Country of Place of Carrying Amount of<br />

Incorporation Business The <strong>Bank</strong> Subsidiaries <strong>Bank</strong>’s Investment<br />

<strong>2002</strong> 2001 <strong>2002</strong> 2001 <strong>2002</strong> 2001<br />

% % % % $'000 $'000<br />

Gold/Futures Dealing<br />

<strong>UOB</strong> Bullion and Futures Limited Singapore Singapore 100 100 – – 9,000 9,000<br />

+ OUB Bullion & Futures Ltd<br />

(under voluntary liquidation) Singapore Inactive 100 – – 100 – –<br />

Computer Services<br />

Unicom Databank Private Limited Singapore Singapore 100 100 – – ## ##<br />

* <strong>UOB</strong> InfoTech Sdn Bhd Malaysia Inactive – – 100 100 – –<br />

Management Services<br />

<strong>Overseas</strong> Union Management<br />

Services Pte Ltd Singapore Singapore 100 – – 100 228 –<br />

A.I.M. Services Pte Ltd Singapore Inactive 100 – – 100 25 –<br />

ICB Management Pte. Ltd. Singapore Inactive 100 – – 100 25 –<br />

+ <strong>Overseas</strong> Union Management<br />

Services Sdn Bhd<br />

(under voluntary liquidation) Malaysia Inactive 100 – – 100 – –<br />

+ <strong>UOB</strong> Management<br />

Services Pte Ltd<br />

(under voluntary liquidation) Singapore Inactive 100 100 – – – ##<br />

General Services<br />

<strong>United</strong> General Services (Pte) Ltd Singapore Singapore 100 100 – – ## ##<br />

Consultancy and Research Services<br />

*** <strong>UOB</strong> Investment Consultancy (Beijing)<br />

++ Limited [formerly known as People’s People’s<br />

<strong>UOB</strong> Centek Technology (Beijing) Republic of Republic of<br />

Investment Consulting Co., Ltd] China China – – 100 – – –<br />

** <strong>UOB</strong> Venture <strong>United</strong> States <strong>United</strong> States<br />

Management (USA) Inc. of America of America – – 100 100 – –<br />

+ OUB Research Sdn Bhd<br />

(under voluntary liquidation) Malaysia Inactive – – 100 100 – –<br />

Property<br />

Chung Khiaw Realty, Limited Singapore Singapore/<br />

Malaysia 99 99 – – 60,448 60,448<br />

Industrial & Commercial<br />

Property (S) Pte Ltd Singapore Singapore 100 – – 100 32,000 –<br />

** <strong>UOB</strong> Realty (USA) Inc. <strong>United</strong> States <strong>United</strong> States<br />

of America of America 100 100 – – 287 299<br />

** <strong>UOB</strong> Realty (USA) Ltd Partnership <strong>United</strong> States <strong>United</strong> States<br />

of America of America 99 99 1 1 17,185 17,386<br />

166

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