29 OPERATING SEGMENTS
(continued)
Geographical information
Revenue
Non-current
assets*
$’000
$’000
31 December 2015
Singapore
513,016
21,680
Indonesia
33,039
1,602
Malaysia
13,202
54
Hong Kong
20,342
–
Other countries
1,054
–
Consolidated total
580,653
23,336
31 December 2014
Singapore
439,918
22,665
Indonesia
28,540
830
Malaysia
25,255
106
Hong Kong
19,946
–
Other countries
3,145
18
Consolidated total
516,804
23,619
* Non-current assets presented consist of property, plant and equipment, intangible assets and trade and other receivables.
Major Customer
Revenue from one customer of the Group’s Personal Communications Solutions Services and one customer of Network
Engineering Services segments represents approximately 37% (2014: one customer of Group’s Personal Communications
Solutions Services and one customer of Info-Communications Technology Services segments represents approximately 42%)
of the Group’s total revenues.
30 ACQUISITION OF NON-CONTROLLING INTERESTS
Acquisition of non-controlling interests – Planet Telecoms (S) Pte Ltd (“Planet”)
During the year, the Group acquired 150,000 ordinary shares in the capital of Planet (“Relevant Shares”) from a minority
shareholder of Planet for a consideration of $304,000 (the “Transaction”). The Relevant Shares constitute 8% of the total
number of issued shares in the capital of Planet (“Shares”). Following the completion of the Transaction, the Group became
the legal and beneficial owner of an aggregate of 1,900,000 Shares, constituting 100% of the total number of issued Shares.
Acquisition of non-controlling interests – U Computing Pte. Ltd.
During the year, a subsidiary company, S&I Systems Pte Ltd (“S&I”), acquired 30,120 ordinary shares in the capital of U
Computing Pte. Ltd. (“Relevant Shares”) from the minority shareholder of U Computing Pte Ltd for a consideration of $32,713
(the “Transaction”). The Relevant Shares constitute 6% of the total number of issued shares in the capital of U Computing
(“Shares”). Following the completion of the Transaction, S&I became the legal and beneficial owner of an aggregate of 500,000
Shares, constituting 100% of the total number of issued Shares.
110
TELECHOICE INTERNATIONAL LIMITED
2015 ANNUAL REPORT
NOTES TO THE
FINANCIAL STATEMENTS
