NOTES TO THE FINANCIAL STATEMENTS Year ended 31 December 2025 43 SIGNIFICANT INVESTMENTS IN SUBSIDIARIES (CONT’D) Principal activity Principal place of business/ Country of incorporation Ownership interest 2025 2024 % % Direct/Indirect Subsidiaries of Millennium & Copthorne Hotels Limited (cont’d) (9) Copthorne Hotel (Gatwick) Limited Hotel owner and operator United Kingdom 100 100 (9) Copthorne Hotel (Manchester) Limited Hotel owner and operator United Kingdom 100 100 (9) Copthorne Hotel (Merry Hill) Limited Hotel owner and operator United Kingdom 100 100 (2) Copthorne Hotel (Newcastle) Limited Hotel owner and operator United Kingdom 96 96 (9) Copthorne Hotel (Plymouth) Limited Hotel owner and operator United Kingdom 100 100 (9) Copthorne Hotel (Slough) Limited Hotel owner and operator United Kingdom 100 100 (9) Copthorne Hotel Holdings Limited Investment holding company United Kingdom 100 100 (9) Copthorne Hotels Limited Hotel investment holding company United Kingdom 100 100 (2) Copthorne Orchid Penang Sdn. Bhd. Hotel owner Malaysia 100 100 (2) Durham Operating Partnership L.P. Hotel ownership USA 100 100 (2) Gateway Regal Holdings LLC Hotel owner and operator USA 100 100 (2) Grand Plaza Hotel Corporation Hotel owner and operator and investment holding company Philippines 66 66 (1) Harbour View Hotel Pte Ltd Hotel operator Singapore 100 100 (2) Hong Leong Ginza TMK Property owner Japan 100 100 (2) Hong Leong Hotel Development Limited Hotel owner and operator Taiwan 84 84 (1) Hospitality Holdings Pte. Ltd. Investment holding company Singapore 100 100 (9) Hotel Liverpool Limited Property letting United Kingdom 100 100 (9) Hotel Liverpool Management Limited Operating company United Kingdom 100 100 (10) Kensington Unity Hotel Limited Hotel owner and operator United Kingdom 100 – ANNUAL REPORT 2025 | 237
RkJQdWJsaXNoZXIy ODIwNTc=