asked the Minister for Finance the names and functions of all firms in which Irish Life has a shareholding; the value of its shareholding in each organisation; the percentage of total equity represented in each instance; and the date on which each holding was taken.
Written Answers. - Irish Life Shareholdings.
74.
The only information available to me is set out below and is taken from the company's annual report for 1975. I am satisfied that it would be inappropriate for me to ask Irish Life to reveal additional information, not required of other life assurance companies, on the investment of policy-holders' funds.
Following is the information:
Subsidiary and Associated Companies at 31st December, 1975.
|
Name of Company |
% Holding |
Activity |
|
Ballsbridge Property Investments Ltd. |
100 |
Property Investment |
|
Dublin Investments Ltd. |
100 |
Property Investment |
|
Irish Estates (Management) Ltd. |
100 |
Estate Management |
|
Irish Life Nederland B.V. |
100 |
Property Investment |
|
Irish Life Unit Fund Managers Ltd. |
100 |
Unit Fund Management |
|
Irish Life Vastgoed B.V. |
100 |
Property Investment |
|
Kildare Properties Ltd. |
100 |
Property Investment |
|
South Mall Property Investments Ltd. |
100 |
Property Investment |
|
C.P. Glorney Ltd. |
100 |
Builders Providers |
|
Allied Securities Ltd. |
50 |
Investment Co. |
|
Harcourt House Ltd. |
50 |
Property Investment |
|
Irish European Properties S.A. |
50 |
Property Investment |
|
Stephen Court Ltd. |
50 |
Property Investment |
|
Dunkeld Holdings Ltd. |
41.6 |
Industrial Holding Co. |
|
Grattan Ltd. |
33.3 |
Property Investment |
|
Mark Ltd. |
33.3 |
Property Investment |
|
Irish Intercontinental Bank Ltd. |
25.4 |
Merchant Banking |
|
Lansdowne Ltd. |
25 |
Property Investment |
|
United Dominions Trust (Ireland) Ltd. |
25 |
Banking and Finance |