Top Five Investments
TIH Limited
Annual Report 2014
5
5 Largest Investments as at 31 December 2014
+
Group
Sector
Cost
Carrying
Amount
As At 31
December
2014
% of
Shareholding
Share of
Underlying
Earnings
Net Assets
(at book value)
Attributable
To Investments
Gross
Dividends /
Distributions
S$’000
S$’000
S$’000
S$’000
S$’000
Available-for-sale
investments and
loan receivable
Fortune Code
Limited
Property
and
Development
50,057
^
49,128
^
7.95
(2,210)
#1
18,240
#1
–
Investments at fair
value through
profit or loss
TIHT Investment
Holdings Pte Ltd
Financial
Services /
Electronic
Components
17,250
18,975
55.00
2,837
#2
25,263
#2
–
Sanmin Road
Limited
Property and
Development
6,365
6,803
25.00
481
#1
6,803
#1
262
Garden Road
Holding Limited
Industrial
Components
3,819
4,078
22.21
127
#1
4,078
#1
–
Batavia Enterprise
Limited
Property and
Development
2,207
2,358
44.00
243
#1
2,358
#1
200
Total
79,698
81,342
+ : As at 31 December 2014, the Group’s investments comprised 6 portfolio companies and 3 trusts. The above top 5
investments represent approximately 92% of the Group’s total investments at fair value and loan receivable as at
31 December 2014.
^ : Includes interest bearing loan receivable.
#1 : Based on management accounts for the year ended 31 December 2014.
#2 : Based on audited financial statements for the year ended 31 December 2014.
