192 / 248
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2015
190
BLUE LABEL INTEGRATED ANNUAL REPORT 2015
Country
Number of
issued
ordinary
shares
Percentage
held
34.
INTEREST IN SUBSIDIARIES, ASSOCIATES
AND JOINT VENTURES continued
2015 continued
Subsidiaries continued
Indirectly held:
Associates of Gold Label Investments
Proprietary Limited
Oxigen Services India Private Limited
India 14 244 294
37.22
Mpower Softcomm Private Limited
India
16 286
14.4*
Associate of Blue Label Data Solutions
Proprietary Limited
Forensic Intelligence Data Solutions Proprietary
Limited
RSA
100
25
Associate of 2DFine Investments Mauritius
Mpower Softcomm Private Limited
India
16 286
14.4*
Joint venture of Blue Label Telecoms
Limited
Blue Label Mexico S.A. de C.V.
Mexico
9 200
46.64**
Joint venture of Blue Label Data Solutions
Proprietary Limited
Datacision Proprietary Limited
RSA
100
50
Joint venture of Gold Label Investments
Proprietary Limited
2DFine Holdings Mauritius
Mauritius
2
50
Joint venture of 2DFine Investments
Mauritius
Oxigen Services India Private Limited
India 14 244 294
37.22**
Joint venture of Viamedia Proprietary
Limited
Supa Pesa Africa (Mauritius) Limited
Mauritius
100
50
Supa Pesa South Africa Proprietary Limited
RSA
200
50
* Significant influence is demonstrated by the Company as a result of representation on the Board of Directors.
** Joint control is demonstrated by the composition of and decision-making powers afforded to the Board of
Directors.
i
i
l