Positioning for the Future | 185
Appendix
Notes to the Financial Statements
Year ended 31 December 2014
30 DIVIDENDS
The Board of Directors of the Company has proposed a tax-exempt ordinary dividend of 9.0 cents per share in
respect of the mnancial year ended 31 December 2014. This would amount to a payout of approximately $383.3
million based on the number of issued shares (excluding 13,928,946 treasury shares) as at 31 December 2014.
The tax-exempt dividends are subject to shareholders’ approval at the forthcoming Annual General Meeting of
the Company.
For the mnancial year ended 31 December 2013, a tax-exempt ordinary dividend of 8.0 cents per share was
approved at the Annual General Meeting held on 25 April 2014. The said dividends of $340.6 million were paid
in May 2014.
31 NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS
(a) Acquisition of subsidiaries
The list of signimcant subsidiaries acquired during 2014 is as follows
Name of subsidiary
Date acquired
Effective
interest acquired
Chengdu Kai Guang Property Co., Ltd
April 2014
60%
Chengdu Hong Hu Zhan Property Co., Ltd
April 2014
60%
Excel Chinese International Limited
April 2014
100%
Wangze (Dalian) Enterprise Co., Limited
June 2014
46%
CapitaLand (Beijing) Kai Heng Holdings Pte Ltd
#
July 2014
80%
The list of signimcant subsidiaries acquired in 2013 is as follows
Name of subsidiary
Date acquired
Effective
interest acquired
Heping Investments (Hong Kong) Limited
#
June 2013
45%
Biyun Investments (Hong Kong) Limited
#
June 2013
45%
BSG Holdings Pte Ltd
July 2013
100%
Super Plus Limited
August 2013
100%
Shanghai Guang Chuan Property Co., Ltd
December 2013
70%
#
These were previously associates of the Group.
