208 Notes to the Consolidated Financial Statements 31 December 2023 33. SUBSIDIARIES WITH MATERIAL NON-CONTROLLING INTERESTS Details of the Group’s subsidiaries that have material non-controlling interests are set out below: As at 31 December 2023 As at 31 December 2022 Percentage of equity interests held by non-controlling interests at the reporting date: Equity interest held by non-controlling interests: Higashi 30% 30% Shanghai Yurun 30% 30% Sunwood Astra Pte Ltd 50% 50% LOGOS Property Group Limited 13.6% 13.6% US$’000 US$’000 Profit/(loss) for the year allocated to non-controlling interests: Equity interests held by non-controlling interests: Higashi 2,843 12,710 Shanghai Yurun 12,234 619 Sunwood Astra Pte Ltd (2,201) 12,042 LOGOS Property Group Limited 5,566 7,742 18,442 33,113 US$’000 US$’000 Distributions for the year allocated to non-controlling interests: Equity interests held by non-controlling interests: Higashi 36,606 — Accumulated balances of non-controlling interests at the reporting date: Equity interests held by non-controlling interests: Higashi 459 38,313 Shanghai Yurun 107,865 97,749 Sunwood Astra Pte Ltd 38,954 39,245 LOGOS Property Group Limited Nil Nil 147,278 175,307 STRENGTH IN UNITY
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