b'NOTES TO THE FINANCIAL STATEMENTS >for the year ended 30 June 2019NOTE 34. INTERESTS IN SUBSIDIARIESThe consolidated financial statements incorporate the assets, liabilities and results of the following subsidiaries in accordance with the accounting policy described in Note 1:PRINCIPAL PLACE OFOWNERSHIP INTERESTBUSINESS/COUNTRYOF INCORPORATION 2019 2018% %Donaco Australia Pty Ltd Australia 100.00% 100.00%Donaco Singapore Pte Ltd Singapore 100.00% 100.00%Donaco Holdings Ltd * British Virgin Islands 100.00% 100.00%Donaco Holdings Sdn Bhd * Malaysia 100.00% 100.00%Lao Cai International Hotel Joint Venture Company * Vietnam 95.00% 95.00%Donaco Hong Kong Limited Hong Kong 100.00% 100.00%Prime Standard Limited Hong Kong 0.00% 100.00%Donaco Holdings (Hong Kong) Pte Ltd * Hong Kong 100.00% 100.00%DNA Star Vegas Co., Limited ** Cambodia 100.00% 100.00%Donaco Entertainment & Marketing (Thailand) Ltd * Thailand 0.00% 49.00%Donaco Investment (S) Pte Ltd * Singapore 100.00% 100.00%*Subsidiary of Donaco Singapore Pty Ltd** Subsidiary of Donaco Hong Kong Limited The principal activities of each subsidiary are:Donaco Australia Pty Ltddormant (previously operatedNew Zealand games service, discontinued in January 2015). Donaco Singapore Pte Ltdholding company for Vietnamesecasino operations.Donaco Holdings Ltdcost centre for corporate operations.Donaco Holdings Sdn Bhdcost centre for corporate operations.Donaco Holdings (Hong Kong) Pte Ltdcost centre for corporate operations and marketing activities. Lao Cai International Hotel Joint Venture Company operates Vietnamese casino operations.Donaco Hong Kong Limitedholding company for Cambodian casino operations.Prime Standard Limiteddormant (previously cost centre for corporate operations). Deregistered 15 February 2019. DNA Star Vegas Co., Limitedoperates Cambodian casino operations.Donaco Entertainment & Marketing (Thailand) Ltddormant (previously provided marketing services). While the ownershipof this entity is below 50%, it is considered a controlled entitydue to the provisions of the shareholders agreement which givethe consolidated entity the right toappoint a majority of the board. Deregistered January 2019.Donaco Investment (S) Pte Ltdinvestment company.78 DONACO INTERNATIONAL LIMITED 2019 ANNUAL REPORT'