Asia-Pacific Strategic Investments Limited - Annual Report 2021

Notes to the Financial Statements For the financial year ended 30 June 2021

30

Segment information (continued)

Group

2021

2020

S$’000

S$’000

Non-current assets Singapore

100

311

53,613 53,713

PRC

41,138 41,449

Revenue from major services

There is no single external customer that contributed 10% or more of the revenue for the financial years ended 30 June 2021 and 2020.

31

Event occurring after balance sheet date

On 7 September 2021, the Company invested an additional RMB2.0 million (equivalent to approximately S$423,000) in the registered and issued share capital of Grand Canal Group. Following the additional investment, the equity interests of the Company in Grand Canal Group has increased from 76.7% to 77.4% and the remaining equity interests are held by 中房联合置业集团有限公司 .

ANNUAL REPORT 2021

121