Vtech 2007 Annual Report Download - page 53

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VTech Holdings Ltd
Annual Report 2007 51
22 PRINCIPAL SUBSIDIARIES
Details of the Company’s interest in those subsidiaries which materially affect the results or assets of the Group as at 31st March
2007 are set out below:
Percentage of
Fully paid issued interest held by
Name of subsidiary share capital the Group Principal activity
Incorporated and operating in Hong Kong:
VTech Communications Limited Ordinary HK$1,000 *100 Design, manufacture
Deferred HK$5,000,000 and sale of electronic equipment
VTech Electronics Limited Ordinary HK$ 5,000,000 *100 Design, manufacture and distribution of
electronic products
VTech Telecommunications Limited Ordinary HK$1,000 *100 Design, manufacture and distribution of
Deferred HK$5,000,000 telecommunication products
Perseus Investments Limited Ordinary HK$1,000 100 Property holding
Deferred HK$1,000
Valentia Investment Limited Ordinary HK$1,000 100 Property holding
Deferred HK$1,000
Incorporated and operating in Canada:
VTech Telecommunications Canada Limited Class A C$5,000 *100 Sale of telecommunication
Class B C$195,000 *100 products
Incorporated and operating in France:
VTech Electronics Europe S.A.S. EURO 2,067,310 *100 Sale of electronic products
Incorporated and operating in Germany:
VTech Electronics Europe GmbH EURO 2,600,000 *100 Sale of electronic products
Incorporated and operating in the Netherlands:
VTech Electronics Europe B.V. EURO 18,100 *100 Sale of electronic products
Incorporated and operating in
the People’s Republic of China:
VTech (Qingyuan) Plastics & Electronics Limited HK$167,667,810 *100 Manufacturing of plastics products
Incorporated and operating in Spain:
VTech Electronics Europe, S.L. EURO 500,000 *100 Sale of electronic products
Incorporated and operating in the United Kingdom:
VTech Electronics Europe plc GBP 500,000 *100 Sale of electronic products
Incorporated and operating in the United States:
VTech Electronics North America, L.L.C. US$22,212,997 *100 Sale of electronic products
VTech Communications, Inc. US$300,000 *100 Sale of telecommunication products
* Indirectly held by subsidiary companies
12cVtechNotes(E).indd51 2007/7/511:37:40PM