Annual Report 2019

197 Transport International Holdings Limited 2019 Annual Report Notes to the Financial Statements Percentage of ownership interest Name of company Place of incorporation and business Particulars of issued and paid-up capital Group’s effective interest Held by the Company Held by subsidiaries Principal activity LCK Real Estate Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 – 100 Property investment LCK Commercial Properties Limited Hong Kong 1 share 100 – 100 Property investment KT Real Estate Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 – 100 Property investment TM Properties Investment Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 – 100 Property investment KMB Financial Services Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 – 100 Group treasury management KMB (Beijing) Taxi Investment Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 – 100 Investment holding KMB (Shenzhen) Transport Investment Limited Incorporated in the British Virgin Islands and operates in Hong Kong 1 share of US$1 100 – 100 Investment holding KMB Design Company Limited Hong Kong 10,000 shares 100 – 100 Trading of bus souvenirs 16 Interest in subsidiaries (continued)