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ON A RAPID RISE
NOTES TO
FINANCIAL STATEMENTS (CONT’D)
31 March 2015
5 SUBSIDIARIES (cont’d)
Details of subsidiaries are as follows:
Country of Ownership
Name of subsidiary incorporation interest Principal activities
2015 2014
% %
Held by Nanyang Technological University-NTUitive Pte Ltd
@ TechBiz Xccelerator Pte Ltd Singapore 100 100 Technology accelerator
for information
communications
and media technologies.
@ Institute of Environmental Singapore 100 100 Technology accelerator
for engineering
Science and Engineering technologies.
Pte Ltd Technology accelerator
for medical technology.
Research and
@ Systemed Pte Ltd Singapore 100 100 development in
interactive digital
media.
@ Interactive Digital Media Ltd Singapore 100 100
Held by NTU Holdings Pte Ltd
* Nanyang Venture Consulting China 100 100 Consultant for enterprise
management, technology
(Shanghai) Co., Ltd and education.
@ Confucius Institute, Singapore 100 100 Promotion of Chinese
NTU Pte Ltd language, culture and
support of local Chinese
teaching.
NANYANG TECHNOLOGICAL UNIVERSITY AND ITS SUBSIDIARIES 59
