101
2013
2012
%
%
Jointly controlled entity of NewFront
Investments Pte Ltd
FairVision Pte Ltd
(1)
Singapore
-
30
Media advertising
(1)
Audited by Pricewaterhousecoopers LLP, Singapore.
Summarised financial information in respect of the Group’s jointly controlled entity is as follows:
Details of the jointly controlled entity as at March 31, 2013 are as follows:
Country of
Proportion
incorporation
of ownership
and
interest and voting
Name of company
operation
power held
Principal activities
12. JOINTLY CONTROLLED ENTITY (cont’d)
NOTES TO FINANCIAL STATEMENTS
March 31, 2013
2013
2012
$’000
$’000
Total assets
-
1
Total liabilities
-
(525)
Net liabilities
-
(524)
Group’s share of jointly controlled entity’s net assets
-
-
Revenue
-
-
Loss for the year
-
-
Group’s share of jointly controlled entity’s loss for the year
-
-
