Vtech 2001 Annual Report Download - page 65

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27. PRINCIPAL SUBSIDIARIES
Details of the Company's interests in those subsidiaries which materially affect the results or assets of the
Group as at 31st March 2001 are set out below:
Name of subsidiary
Fully paid issued
share capital
Percentage of
interest held by
the Group Principal activity
Incorporated and operating in Hong Kong:
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
VTech Computers Systems Limited Ordinary HK$3,300,000 *100 Provision of IT training
courses and online
education services
and the sale of
consumer electronic
products
VTech Electronics Limited HK$5,000,000 *100 Design, manufacture
and distribution of
electronic products
VTech Communications Limited Ordinary HK$1,000 *100 Design, manufacture
and distribution of
telecommunication
equipment
Deferred HK$5,000,000
VTech Telecommunications Limited Ordinary HK$1,000 *100 Design, manufacture
and distribution of
telecommunication
equipment
Deferred HK$5,000,000
Incorporated and operating in France:
VTech Electronics France S.A. FRF20,000,000 *100 Sale of electronic
products
63
Notes to the Financial Statements
VTech Holdings Ltd Annual Report 2001