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Notes to the Consolidated Financial Statements31 December 2024ESR Group Limited Annual Report 2024217STRATEGIC REPORTSCORPORATE GOVERNANCEFINANCIAL STATEMENTS33.SUBSIDIARIES WITH MATERIAL NON-CONTROLLING INTERESTSDetails of the Group%u2019s subsidiaries that have material non-controlling interests are set out beloAs at 31 DecemberAs at 31 December20242023Percentage of equity interests held by non-controlling interests at the reporting date:Equity interest held by non-controlling interests:Higashi30%30%Shanghai Yurun30%30%Sunwood Astra Pte Ltd50%50%LOGOS Property Group Limited%u201313.6%US$%u2019000US$%u2019000(Loss)/profit for the year allocated to non-controlling interests:Equity interests held by non-controlling interests:Higashi(8)2,843Shanghai Yurun(19,089)12,234Sunwood Astra Pte Ltd1,815(2,201)LOGOS Property Group Limited%u20135,566(17,282)18,442US$%u2019000US$%u2019000Distributions for the year allocated to non-controlling interests:Equity interests held by non-controlling interests:Higashi%u201336,606Accumulated balances of non-controlling interests at the reporting date:Equity interests held by non-controlling interests:Higashi409459Shanghai Yurun86,743107,865Sunwood Astra Pte Ltd39,87238,954LOGOS Property Group LimitedNilNil127,024147,278