Creative 2011 Annual Report Download - page 61

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61
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
34. LISTING OF SIGNIFICANT COMPANIES IN THE GROUP
Country of business/
Name of companies Principal activities incorporation Equity holding
2011 2010
% %
Significant subsidiaries held by the Group
Creative Labs, Inc. (a) Distribution of digitised United States 100 100
sound and video boards, of America
computers, related
multimedia and personal
digital entertainment
products
Creative Labs (Ireland) Ltd (b) Distribution of digitised Republic of 100 100
sound and video boards, Ireland
computers, related
multimedia and personal
digital entertainment
products
Creative Technology Centre Pte Ltd (b) Property rental Singapore 100 100
Qmax Pte Ltd Provision of data Singapore 100 100
and subsidiary companies (b) communications,
telecommunications,
wireless broadband and
related services
Creative Technology (Qingdao) Ltd Design, development People’s Republic – 100
(c) (d) (e) and manufacture of of China
communication and related
multimedia products
CTI Limited (a) Investment holding Bermuda 100 100
CTI II Limited (a) Investment holding Bermuda 100 100
(a) Not required to be audited under the laws of the country of incorporation
(b) Audited by PricewaterhouseCoopers LLP, Singapore
(c) Audited by Zhenqing Certified Public Accountants
(d) This subsidiary has a financial year end of 31 December by law in its country of incorporation
(e) This subsidiary was disposed in the financial year ended 30 June 2011 (Note 17)
All the Singapore-incorporated subsidiaries were audited by the Company’s auditor, PricewaterhouseCoopers LLP,
Singapore.
For subsidiaries which appointed different auditors, the Audit Committee and Board of Directors are satised that the
appointment would not compromise the standard and effectiveness of the audit.
There are no signicant associated companies held by the Group.