Cathay Pacific 2011 Annual Report Download - page 99
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Associates
Place of
incorporation/
establishment
and operation Principal activities
Percentage
of issued
capital owned
Air China Limited People’s
Republic of China
Airline 20#
Air China Cargo Co., Ltd. People’s
Republic of China
Cargo carriage service 25**
CKTS Company Limited Japan Ground handling 32
Cebu Pacific Catering Services Inc. Philippines Airline catering 40*
CLS Catering Services Limited Canada Airline catering 30*
Ground Support Engineering Limited Hong Kong Airport ground engineering
support and equipment
maintenance
50*
LSG Lufthansa Service Hong Kong Limited Hong Kong Airline catering 32*
VN/CX Catering Services Limited Vietnam Airline catering 40*
* Shareholding held through subsidiaries.
** Shareholding held through subsidiary at 25%, another 24% held through an economic interest with total holding at 49%.
# The Group has significant influence by demonstrating the power to participate in its financial and operating policy decisions.
Principal Subsidiaries and Associates
Cathay Pacific Airways Limited Annual Report 2011 97