The associates of the Company are set out below:
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Percentage of equity interest |
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As of December 31 |
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Company Name |
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Nature of business |
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Country of incorporation |
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2017 |
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2016 |
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Shandong Pacific Rubber Cable Co., Ltd. (“SPRC”) |
|
Manufacturing of rubber cable |
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PRC |
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25.00 |
% |
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|
25.00 |
% |
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Siam Pacific Holding Company Limited (“SPHC”) |
|
Investment & holding company |
|
Thailand |
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|
49.00 |
% |
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|
49.00 |
% |
|
Loxpac (Thailand) Company Limited (“Loxpac”) (Formerly known as “Loxley Pacific Co., Ltd.) |
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Providing telecommunication service |
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Thailand |
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|
21.39 |
% |
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|
21.39 |
% |
|
Loxpac Hong Kong Co., Limited (“Loxpac HK”) (Formerly known as “Loxley Pacific Hong Kong Co., Limited” ) |
|
Investment & holding company |
|
Hong Kong |
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23.10 |
% |
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|
23.10 |
% |