REA Group Ltd Annual Report 2021

Annual Report 2021 | REA Group Ltd Name of entity Country of incorporation Equity Holding 2021 % Equity Holding 2020 % Finance18.com Limited 6 Hong Kong – 100 House18.com Services Limited 6 Hong Kong – 100 SMART Expo Limited Hong Kong 100 100 Big Sea International Limited Macau 100 100 GoHome Macau Co Ltd Macau 100 100 iProperty (Thailand) Co., Ltd 7 Thailand 100 100 Prakard IPP Co., Ltd 8 Thailand 100 100 Kid Ruang Yu Co., Ltd 9 Thailand 100 100 Flagship Studio Co., Ltd 10 Thailand – 100 Prakard.com (Hong Kong) Limited 11 Hong Kong – 100 REA Group Hong Kong Ltd Hong Kong 100 100 Primedia Limited 11 Hong Kong – 100 REA HK Co Limited Hong Kong 100 100 REA Group Consulting (Shanghai) Co. Limited China 100 100 Elara Technologies Pte. Ltd. 12 Singapore 60.7 13.5 Locon Solutions Private Limited 13 India 60.7 – IREF Solutions Private Limited 13 India 60.7 – Realty Business Intelligence Private Limited 13 India 60.7 – Sadanika Solutions Private Limited 13 India 60.7 – PropTiger Marketing Services Private Limited 13 India 60.7 – Aarde Technosoft Private Limited 13 India 60.7 – Makaan.com Private Limited 13 India 60.7 – Oku Tech Private Limited 14 India 60.7 – Associates and joint ventures: Move, Inc. 15 United States 20 20 Managed Platforms Pty Ltd 16 Australia 27.6 27.8 99 Group Pte. Ltd 17 Singapore 27 27 ScaleUp Media Fund 2.0 Pty Limited 18 Australia 16.7 16.7 Realtair Pty Limited 19 Australia 22.3 – Campaign Agent Pty Ltd 20 Australia 27 – Simpology Pty Limited 21 Australia 34.4 – 1 Deregistered on 15 July 2020. 2 Ozhomevalue Pty Ltd is 100% owned by NOVII Pty Ltd. 3 Incorporated on 16 April 2021. 4 Acquired on 18 June 2021 (legal completion as of 1 July 2021). 5 Incorporated on 8 June 2021. 6 Deregistered on 6 November 2020. 7 iProperty (Thailand) Co., Ltd is 50.5% owned by All Excellence Ltd. (a nominee shareholder of iProperty Group Asia Pte. Ltd.). 8 iProperty Group Pty Ltd and iProperty Group Asia Pte. Ltd. each hold one share in Prakard IPP Co., Ltd. and Flagship Studio Co., Ltd. 9 iProperty Group Pty Ltd holds one share, iProperty Group Asia Pte. Ltd. holds 4,899 shares and iProperty (Thailand) Co., Ltd holds 5,100 shares in Kid Ruang Yu Co., Ltd. 10 Deregistered on 26 April 2021. 11 Deregistered on 20 November 2020. 12 Equity Holding increased to 59.65% on acquisition and subsequently increased to 60.45% in January 2021 and then to 60.65% in March 2021. Refer to Note 19 Business Combinations for further details. 13 100% owned by Elara Technologies Pte. Ltd. 14 80.09% owned by Elara Group (7.73% held by Locon Solutions Private Limited and 72.36% held by Oku Tech Private Limited). Balance owned by external parties. 15 Investment is held by REA US Holding Co. Pty Ltd. 16 Investment is held by realestate.com.au Pty Limited. Shareholding decreased to 27.58% in August 2020. 17 Investment is held by iProperty Group Asia Pte. Ltd. 18 Investment is held by realestate.com.au Pty Limited. 19 Investment is held by realestate.com.au Pty Limited and 17.9% was initially acquired on 1 December 2020. Investment subsequently increased to 19.9% on 27 January 2021 and 22.33% on 12 March 2021. 20 Investment is held by realestate.com.au Pty Limited and was acquired on 4 February 2021. 21 Investment is held by realestate.com.au Pty Limited and was acquired on 15 June 2021. 24. Related parties (continued) Year in review Directors’ Report Financial Statements Remuneration Report Sustainability Our Leaders 119