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UOB Annual Report 2002 - United Overseas Bank

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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 />

<strong>UOB</strong> Warehouse Private Limited Singapore Singapore 100 100 – – 88,000 88,000<br />

FEB Realty Company Pte. Ltd. Singapore Inactive – – 100 100 – –<br />

+ ICB Enterprises (Private) Limited<br />

(under voluntary liquidation) Singapore Inactive 100 100 – – – 495<br />

+ <strong>Overseas</strong> Union Holdings Sdn Bhd<br />

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

Property Management<br />

OUB Towers Pte Ltd Singapore Singapore 100 – – 100 32,554 –<br />

<strong>Overseas</strong> Union Developments<br />

(Private) Limited Singapore Singapore 100 – – 100 16,539 –<br />

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

Developments Sdn Bhd<br />

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

<strong>Overseas</strong> Union Facilities Sdn Bhd<br />

(disposed of during the year) Malaysia Inactive – – – 100 – –<br />

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

Management Pte Ltd<br />

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

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

Services Pte Ltd<br />

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

+ <strong>UOB</strong> Property Management Pte Ltd<br />

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

Travel<br />

<strong>UOB</strong> Travel Planners Pte Ltd Singapore Singapore 100 100 – – 3,987 3,987<br />

+ <strong>UOB</strong> Travel (General Sales Agent)<br />

Pte Ltd<br />

(under voluntary liquidation) Singapore Inactive 55 55 – – – 268<br />

1,409,829 10,260,598<br />

Notes:<br />

* Audited by other member firms of the worldwide PricewaterhouseCoopers organisation.<br />

** Not required to be audited in country of incorporation.<br />

*** Not audited by PricewaterhouseCoopers, Singapore or another member firm of the worldwide PricewaterhouseCoopers organisation.<br />

+ Not required to be audited as subsidiary has been put into liquidation.<br />

++ This company was an associate at 31 December 2001 (see Note 47).<br />

# Investment cost is fully provided for.<br />

## Investment cost is less than $1,000.<br />

### Percentage of paid-up capital held by the <strong>Bank</strong> is 0.2%.<br />

UNITED OVERSEAS BANK 167

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