Notes to the Financial Statements Year ended 31 December 2024 Name of subsidiaries Principal place of business/Country of incorporation Effective equity interest held by the Stapled Group 2024 2023 % % Held through CapitaLand Ascott REIT subsidiaries (continued) The Cavendish Hotel (London) Limited (a) United Kingdom 100 100 Somerset Ampang (Malaysia) Sdn. Bhd. (a) Malaysia 100 100 Ascott Baumwall (Hamburg) BV (b) Netherlands 100 100 Ascott Hospitality Holdings Philippines, Inc (a) Philippines 100 100 Ascott Makati, Inc (a) Philippines 100 100 SQ Resources, Inc (a) Philippines 63 63 SN Resources, Inc (a) Philippines 97 97 Barrydale SM LLC (b) United States of America 100 100 SM Ascott LLC (b) United States of America 100 100 Tribeca Ascott LLC (b) United States of America 100 100 Columbia Student Property Owner, LLC (b) United States of America 100 90 GT Student SM LLC (b) United States of America 100 100 Kent ST SM LLC (b) United States of America 100 100 NCST LP (b) United States of America 100 100 PHL UC SM LLC (b) United States of America 100 100 TTU Student SM LLC (b) United States of America 100 100 UIUC 707 Student SM LLC (b) United States of America 100 100 UNCW LP (b) United States of America 100 100 Hanoi Tower Center Company Limited (a) Vietnam 76 76 Mekong-Hacota Joint Venture Company Limited (a) Vietnam 58 59 Saigon Office and Serviced Apartment Company Limited (a) Vietnam 67 67 Somerset Hoa Binh Joint Venture Company Limited (a) Vietnam 90 90 Somerset Central TD Company Limited (a) Vietnam 100 100 Held through CapitaLand Ascott BT Ascendas Hospitality Business Trust Singapore 100 100 8 SUBSIDIARIES (continued) 185 Annual Report 2024
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