43. JOINT VENTURES Details of joint ventures are as follows: Name of joint venture Place of incorporation and business Principal activities Effective ownership interest and voting interest 2023 % 2022 % Indirect joint ventures Held through Parkway-Healthcare (Mauritius) Ltd.: Apollo Gleneagles PET-CT Private Limited ## India Operation of PET-CT radio imaging centre 50.00 50.00 Held through Shenton Family Medical Clinics Pte. Ltd.: Shenton Family Medical Clinic (Ang Mo Kio) + Singapore Operation of medical clinic 60.00 60.00 Shenton Family Medical Clinic (Bedok Reservoir) + Singapore Operation of medical clinic 62.50 50.00 Shenton Family Medical Clinic (Duxton) + Singapore Operation of medical clinic 50.00 50.00 Shenton Family Medical Clinic (Jurong East) + Singapore Operation of medical clinic 50.00 50.00 Shenton Family Medical Clinic (Tampines) + Singapore Operation of medical clinic 50.00 50.00 Shenton Family Medical Clinic (Towner) + Singapore Operation of medical clinic 50.00 50.00 Held through Parkway Group Healthcare Pte. Ltd.: Khubchandani Hospitals Private Limited ## India Dormant 50.00 50.00 Held through SRL Limited: Agilus Diagnostics (Nepal) Pvt. Ltd. (f.k.a. SRL Diagnostics (Nepal) Private Limited) ## Nepal Operates a network of diagnostics centers 8.99 8.99 Held through Fortis Hospitals Limited: Fortis C-Doc Healthcare Limited #(1) India Operates a hospital 18.70 18.70 Held through Fortis Cancer Care Limited: Fortis Cauvery (Partnership Firm) ## India Under members voluntary liquidation 15.90 15.90 1 The Group has accounted for the entity as a joint venture in accordance with MFRS on the basis that the entity’s operating decisions are made jointly with the joint venture partner. # Audited by other member firms of KPMG International. ## Audited by firms other than member firms of KPMG International. + Audit is not required. Annual Report 2023 247
RkJQdWJsaXNoZXIy NDgzMzc=