Cathay Pacific 2014 Annual Report Download - page 99
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ANNUAL REPORT 2014
97Principal Subsidiaries and Associates
Associates
Place of
incorporation/
establishment and
operation Principal activities
Percentage
of issued
capital owned
Air China Cargo Co., Ltd. People’s Republic
of China
Cargo carriage service 25**
Air China Limited People’s Republic
of China
Airline 20
Cebu Pacific Catering Services Inc. Philippines Airline catering 40*
Ground Support Engineering Limited Hong Kong Airport ground engineering
support and equipment
maintenance
50*
HAECO ITM Limited Hong Kong Inventory technical
management services
30
LSG Lufthansa Service Hong Kong Limited Hong Kong Airline catering 32*
Shanghai International Airport Services Co., Limited People’s Republic
of China
Ground handling 25*
* Shareholding held through subsidiaries.
** Shareholding held through subsidiary at 25%, another 24% held through an economic interest with total holding at 49%.